Just as good as anything other brand of cheese, even the more expensive ones like Sargento. I love this blend of cheese too. I use it in my Mac and cheese so I don't have to buy multiple cheeses separately and it's always a big hit with guests.
The Market Pantry brand is great. They have good quality control and if I'm in Target and I need shredded cheese, I will reach for this. It costs less than the brand names and is easily as good if not better. But in general, I try to shred my own cheese. Mass produced shredded cheese is all coated in very thin edible plastic, to keep the shreds from melting or sticking back together. So I try to avoid it but obviously there are times when it's convenient and I just throw some in my basket.
I'm a hug fan of Market Pantry shredded cheese! Not only does it cut time when making your meals but its super versatile to use! Just with this blend I can make nachos, tacos, enchiladas, quesodillas, and even top my bake potatoes! This brand is super tasty and I even prefer it over all the brand names.
I love going for store brands before grabbing name brand! It is almost always more for your money with the same great flavor! I love targets "Market Pantry" and who does not love CHEESE! It is versatile and can be used in most dishes!