Cheese powder is a dehydrated form of cheese, offering a flavor reminiscent of fresh cheeses. It finds application in a wide range of food products, such as soups, sauces, pizzas, canned food, seafood, salads, and meat, which are vital in seasoning salts and spices. Additionally, cheese powder provides numerous health benefits, including promoting improved bone health, boosting immunity, supporting muscle and nerve function, regulating blood pressure, and more. Its versatility and nutritional advantages make cheese powder a sought-after ingredient in the food industry.
According to Data Bridge Market Research, the Cheese Powder Market accounted for USD 3.97 billion in 2021 and is expected to reach USD 7.08 billion by 2029. The market is expected to grow with a CAGR of 7.50% in the forecast period of 2022 to 2029.
“Increasing public awareness of the health benefits of dehydrated cheeses boosts the market’s growth”
The market's growth is driven by the increasing public awareness of the health benefits of dry cheese consumption. Dry cheese is recognized for its high calcium and protein content, making it a valuable source of essential nutrients. Consumers seek nutritious food options as they become more health-conscious, leading to rising demand for dry cheese products. The recognition of its health benefits has contributed to its popularity among individuals seeking to maintain a balanced diet and improve their overall well-being, thereby fuelling the expansion of the market.
What restraints the growth of the cheese powder market?
“Climatic conditions restraints the market’s growth”
Climatic conditions constrain the growth of the cheese powder market. Cheese production and processing heavily depend on specific environmental factors such as temperature, humidity, and air quality. Adverse climatic conditions can disrupt cheese production and quality, affecting cheese powder availability and supply. Extreme temperatures, high humidity, and unsuitable air conditions can impact cheese powder's storage, transportation, and shelf life, leading to quality degradation. These climatic restraints pose challenges for manufacturers, distributors, and consumers, impeding the overall growth of the cheese powder market.
Segmentation: Cheese Powder Market
The cheese powder market is segmented on the basis of product type and application.
- On the basis of product type, the cheese powder market has been segmented into cheddar, parmesan, mozzarella, blue cheese, romano, swiss, and other product types.
- On the basis of application, the cheese powder market has been segmented into bakery and confectionery, sweet and savory snacks, sauces, dressings and dips and condiments, ready meals, and other applications.
Regional Insights: India is expected to increase the availability of the cheese powder market
Developing countries like India are experiencing a shift in dietary preferences from staple foods to processed and packaged foods. This trend is further supported by expanding retail channels, including supermarkets and hypermarkets, in urban areas. As a result, there is an increasing availability of processed and packaged food products. The demand for cheese powder is projected to grow in the upcoming years, driven by the rising consumer demand for packaged foods such as snacks, bakery and confectionery items, and ready-to-eat meals.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-cheese-powder-market
Recent Developments
- All American Foods (U.S.) has recently finished expanding its technical center in Mankato, Minnesota. The upgraded facility now features a comprehensive array of pilot plants, food preparation areas, and testing facilities. This expansion will greatly support the company's endeavors to enhance its product development procedures and capabilities.
- In November 2015, H.J. Heinz Company (U.S.) merged with Kraft Food Group Inc. (U.S.) in a deal facilitated by 3G Capital and Berkshire Hathaway Inc. This has resulted in forming one of the largest food and beverage corporations. Kraft's products would benefit from Heinz's presence outside the United States due to this merger.
- Archer Daniels Midland Company (U.S.) has established two new plants in China in order to expand its production capacity and fulfill the growing regional need for value-added food and beverage ingredients.
The Prominent Key Players Operating in the Cheese Powder Market Include:
- Land O' Lakes, Inc. (U.S.)
- Kerry (Ireland)
- The Kraft Heinz Company (U.S.)
- ADM (U.S.)
- Lactosan A/S (Denmark)
- Aarkay Food Products Ltd. (India)
- All American Foods (U.S.)
- Commercial Creamery Company (U.S.)
- Kanegrade Limited (U.K.)
- DairiConcepts, L.P (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of cheese powder market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Cheese Powder Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
