United States Dairy & Soy Food - Market Assessment and Forecast to 2023

United States Dairy & Soy Food - Market Assessment and Forecast to 2023

Summary

The US dairy & soy food sector is led by the cheese category in value terms in 2018, while the drinkable yogurt category is expected to register the fastest value growth during 2018-2023. Hypermarkets & supermarkets is the leading channel for the distribution of dairy & soy food products in the country. Health & wellness attributes such as ‘free from’ and consumer benefits such as ‘weight & shape management’ are expected to contribute the most to the growth of the health & wellness market. Danone Group, The Kraft Heinz Co and Chobani, LLC are the top three companies in the sector.

The Country Profile report on the Dairy & soy food sector in the US provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

Scope

• The US dairy & soy food sector is expected to grow at a CAGR of 1.5% by value during 2018-2023
• Cheese is the largest category in value terms in the US dairy & soy food sector
• The drinkable yogurt category is expected to register the fastest value and volume growth during 2018-2023.
• Hypermarkets & supermarkets is the largest distribution channel.
• Danone Group, The Kraft Heinz Co and Chobani, LLC are the top three companies in the sector.
• Rigid plastics is the most commonly used pack material in the US dairy & soy food sector

Reasons to buy

• Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
• Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
• Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
• Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
• The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
• Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rurral-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.