Global Cheese Powder Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 3.97 Billion |
Market Size (Forecast Year) |
USD 7.08 Billion |
CAGR |
|
Major Markets Players |
Global Cheese Powder Market By Product Type (Cheddar, Parmesan, Mozzarella, Blue Cheese, Romano, Swiss and Other Product Types), Application (Bakery and Confectionery, Sweet and Savory Snacks, Sauces, Dressings, and Dips and Condiments, Ready Meals, and Other Applications) – Industry Trends and Forecast to 2029
Market Analysis and Size
Cheese powder, made by dehydrating fresh cheeses, has become a popular product in urban households and the global food processing industry. Dehydration reduces the water content of fresh cheeses without affecting their nutrient content, resulting in a high-quality hygienic product. After dehydrating the cheese flakes, they can be crushed and finely ground to make cheese powder. Because cheeses are seasonal and cannot be stored under normal conditions, dehydration has become a practical and cost-effective method to preserve them during abundant seasons and use them during off-seasons.
Data Bridge Market Research analyses that the cheese powder market was valued at USD 3.97 billion in 2021 is expected to reach the value of USD 7.08 billion by 2029, at a CAGR of 7.50% during the forecast period of 2022 to 2029. The product has a wide range of applications in the food and beverage industry. Customers' preferences for comfort foods expand the commodity's market.
Market Definition
Cheese powder is a powder made from dehydrated cheeses. This powder adds a flavour that is similar to fresh cheeses. This powder is used in various food products, including soups, sauces, pizzas, canned food, seafood, salads, and meat, and it is an essential ingredient in season salt and spices. On the other hand, cheese powder has many health benefits, including improved bone health, immunity, muscle and nerve function, blood pressure regulation and among others.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2019 - 2014) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
By Product Type (Cheddar, Parmesan, Mozzarella, Blue Cheese, Romano, Swiss and Other Product Types), Application (Bakery and Confectionery, Sweet and Savoury Snacks, Sauces, Dressings, and Dips and Condiments, Ready Meals, and Other Applications) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
Land O' Lakes, Inc. (U.S.), Kerry Group (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.), and DairiConcepts, L.P (U.S.) |
Opportunities |
|
Cheese Powder Market Dynamics
Drivers
- Increasing public awareness of the health benefits of dehydrated cheeses
A factor fueling the expansion of the targeted market is rising public awareness of the health benefits of dry cheese, such as its high calcium and protein content. In contrast, climatic conditions may prevent cheese cultivation, limiting the development of the cheese powder market.
- Increased demand for ready-to-eat food products
Large catering facilities and industrial canteens have increased their demand for ready-to-eat food products such as noodles, soups, sauces, pizza, pasta, and other products. Growing health issues as a result of increased demand for canned and frozen foods, as well as rising disposable income among individuals, are some of the factors propelling the cheese powder market forward.
Opportunity
The rising demand for frozen pizzas, sauces, salad dressings, and other fast food items is also propelling the cheese powder market forward.
Restraints
In developed countries, on the other hand, tight government rules and legislation on product approval are a key hindrance to the cheese powder market's expansion.
This cheese powder market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cheese powder market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Cheese Powder Market
Consumers stacked products like cereals, snack bars, baking flours, and soup that have a lengthy shelf life. As a result, sales have remained rather stable. Consumers have acclimated to a new normal lifestyle as a result of the epidemic, and as a result, a growing number of them want quick and nutritious snacking options.
COVID-19 allowed a wave of new private companies to enter the market to accommodate the rising demand. Cheese powders are a convenient and rapid source of protein, thus there is always a desire for new goods in industrialised countries.
Online distributors are getting more interested as homebound consumers hunt for retail options due to the aforementioned issues.
Recent Development
- All American Foods (U.S.) has completed the expansion of its technical center in Mankato, Minnesota, which now includes a wide range of pilot plants, food preparation and testing facilities. This will aid the company's efforts to improve its product development processes.
- H.J. Heinz Company (U.S.) merged with Kraft Food Group Inc. (U.S.) in November 2015 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.) opened two plants in China to increase capacity to meet the rising regional demand for value-added food and beverage ingredients.
Global Cheese Powder Market Scope
The cheese powder market is segmented on the basis of product type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product type
- Cheddar
- Parmesan
- Mozzarella
- Blue cheese
- Romano
- Swiss
- Other product types
On the basis of product type, the cheese powder market is segmented into cheddar, parmesan, mozzarella, blue cheese, Romano, swiss and other product types.
Application
- Bakery and confectionery
- Sweet and savory snacks
- Sauces
- Dressings and dips and condiments
- Ready meals
- Other applications
On the basis of application, the cheese powder market is segmented into bakery and confectionery, sweet and savory snacks, sauces, dressings and dips and condiments, ready meals and other applications.
Cheese Powder Market Regional Analysis/Insights
The cheese powder market is analyzed and market size insights and trends are provided by country, nature, product type and application, as referenced above.
The countries covered in the cheese powder market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
In developing countries such as India, there has been a shift away from staple foods and towards processed and packaged foods. Furthermore, the expansion of retail channels such as supermarkets and hypermarkets in these countries' urban areas is expected to increase the availability of processed and packaged food. Cheese powder demand is expected to rise in the coming years due to rising demand for packaged foods such as snacks, bakery and confectionery products, and ready-to-eat-meals.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cheese Powder Market Share Analysis
The cheese powder market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cheese powder market.
Some of the major players operating in the cheese powder market are:
- 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.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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