Cheese: US Market Trends & Opportunities, 2nd Edition
Industry Reports, United States
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FAQs
Many consumers are worried about rising/inflated prices in several product categories, but fears are highest over food. In Packaged Facts’ October-November 2021 survey, 56% of respondents reported being very concerned about rising food prices.
Snacking activity is up in recent years, especially among young consumers. The “snackification” of meals is especially relevant, as some people are foregoing traditional meals, reducing meal portions in favor of snacks, or eating foods more traditionally seen as snack foods as a meal.
The US retail cheese market is $25.1 billion and is projected to grow at an average rate of 2.0% annually through 2028.
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