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Cheese Powder Market By Product (Mozzarella, Cheddar, Blue Cheese, Parmesan, Blends, Gouda Cheese, Swiss Cheese, Romano Cheese, Asiago Cheese, Feta Cheese, and Others), By Application (Savory Snacks, Flavor Industry, Biscuits & Other Baked Products, Dips/Dressings/Dry Mix/Sauces, Ready-To-Eat, Imitation & Processed Cheese, Confectionery, Cream, and Pet & Baby Food), and By Region-Global and Regional Market Dynamics, Data Analytics, Consumer Demand, Statistical Surveys, Extensive Research, Historical Trends, Current Patterns, and Forecast 2022–2028

Covid-19

Global Cheese Powder Market Size, Share

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Insights

[209+ Pages Report] According to Facts and Factors, during the forecast period of 2022 to 2028, the global cheese powder market is estimated to develop at a compound annual growth rate (CAGR) of 6.8%. The global cheese powder market was valued at USD 580 million in 2021, and it is predicted to exceed USD 950 million by 2028. The study investigates several elements and their consequences on the growth of the cheese powder market. 

logoMarket Overview

Cheese powder is basically cheese that has been dehydrated. It can be manufactured in a variety of methods, but the most typical commercial method is to melt fresh, complete cheese and then spray it via a hot dryer, resulting in a rich, smooth powder that can be used in bread, popcorn, & sauces, and, strangely enough, homemade cheese recipes. The most common type of cheese powder is cheddar, although it also comes in Swiss, sharp, and a few varieties. It is not commonly found on grocery store shelves, but it is available from several online cheese-making supply businesses as well as spice and baking product stores.

Cheese powder is most typically used in cheese recipes for flavor. A cheese (particularly one eaten fresh) can sometimes taste bland or sharp, especially a goat's milk cheese, but adding cheese powder can dramatically alter the flavor. Cheese, salt, whey, and maybe an anti-caking ingredient are commonly found in high-quality cheese powder.

Because cheese powder has no standardized identity, the grade of cheese powder from different sources fluctuates, potentially changing the components and flavor of the cheese powder. Cheese powder has been shown to be the most effective hard cheese alternative.

Cheese Powder Market

logoCOVID-19 Impact:

Cheese consumption has risen as a result of people spending more time at home during the outbreak. More than 36% of people worldwide say their cheese consumption has increased. With the advent of the COVID-19 pandemic, the cheese business experienced a severe upheaval due to a major shift in market dynamics. Lockdowns all around the world have forced the food service sector to close, drastically cutting demand for all processed foods. As the market for high-end products declines, cheese prices are expected to fall. On the other hand, increased purchases of low-cost cheeses at wholesale pricing from retail shops for home cooking are projected to bring the supply chain back into balance. As the foodservice industry re-establishes on its own and cheese manufacturing resources are regenerated following the pandemic, the worldwide market is likely to rise in the next few years.

logo Growth Drivers

  • Increasing demand for convenience foods is propelling the market

The increased demand for convenience foods is one of the primary drivers of the cheese powder industry. Soups, sauces, packaged foods, and ready-to-eat meals are some of the most common industrial applications for cheese powders. Due to consumer demand for dairy formulations, the usage of cheese powder in domestic culinary preparations has increased, particularly in Europe and North America. Major food manufacturers are keen to use cheese as an element in a wide variety of recipes, including pasta, pizza, salads, burgers, sandwiches, bread, appetizers, soups, and sauces. Increased cheese powder usage in the food production, catering service, and food service industries is another driver driving global cheese powder market growth.

Furthermore, the growing number of Western food outlets in emerging countries throughout the Asia Pacific region, as well as their high demand for cheese-based goods, are driving the cheese powder market forward. According to the Department of International Trade, British cheese exports to Asia were USD 70 million in 2018, accounting for 12% of the total cheese export value. The product has a wide range of uses in food and beverages along with changing customer tastes leading to a preference for ready meals have increased the product demand. These factors are driving the global market.

logo Restraints

  • Loss of key flavor components, as well as high prices, may hinder industry growth 

Some volatile taste components, such as dimethyl sulfide and diacetyl, which are vital to cheese flavor, may be lost during the process of turning cheese into cheese powder, which may impede demand and growth in the global market. The price of cheese powder is very high in comparison to hard cheese, which might also influence consumer purchasing criteria and limit the growth of the global cheese powder market. 

logo Opportunities

  • Manufacturers have a plethora of options due to the growing demand for taste diversity

The availability of flavor variations is attributed to the rise of the cheese powder sector. Aside from enhancing the flavor profile, the powder also helps to extend the shelf life of bakery products, particularly packed baked goods. They also have a very low moisture content, giving them an 18-month shelf life. The longer shelf life of nutrition bars, snacks, soups, and readily available food is a major factor in the area of space. Because adding normal cheese to many processed items is challenging, powdered versions have allowed manufacturers to enter these sectors. As a result, several firms expanding into these snacking markets have begun selling powdered and freeze-dried versions.

Because of the regularity with which they are purchased and the ongoing taste advancements from the manufacturer's side, savory snacks have become a home staple for millennials and the younger population. Children's demography has also revealed a great preference for cheese snacks to satisfy their appetites. The young demographic has significant market potential for global industry expansion.

logo Challenges

  • The rising demand for low-fat cheese at a low price is a challenge

Consumers are increasingly becoming health-conscious these days, and they want their cheese to be nutritional, with minimal fat content and a "clean label," which means low amounts of added preservatives. All with the ideal mouthfeel, a delectable texture, and a reasonable price tag. Maintaining such a highly nutritious and low-fat content at such a low cost necessitates a simpler manufacturing process, which can be difficult for manufacturers.

Powdered cheese is likewise in high demand among consumers. They anticipate a flawless appearance, texture, taste, and mouthfeel. All of them are required for the product to stand out on the shelf. Achieving the desired product quality while avoiding pitfalls such as lumps and grittiness requires a complicated interaction between the component blend and the processing equipment.

logoSegmentation Analysis

The global cheese powder market is segregated on the basis of product, application, and region.

By product, the market is divided into mozzarella, cheddar, blue cheese, parmesan, blends, Gouda cheese, Swiss cheese, Romano cheese, Asiago cheese, feta cheese, and others. Cheddar cheese powder is a hard, ripened cheese with a long shelf life that has gained popularity owing to its unique flavor, aroma, and taste. It is extremely popular in the United States and Europe. The increased demand for specialty and premium flavors is projected to drive the expansion of the cheddar powder segment. Cheesemakers are focusing on providing personalized flavors that range from sugary and buttery to savory flavors.

In addition, producers are experimenting with new ingredients in order to develop new flavor profiles and service offers. In terms of value, Parmesan cheese powder is predicted to be the fastest-growing variety. Users frequently desire distinct & original flavors and natural ingredients, and they spend money on high-quality soups, sauces, soups, and dressings to improve texture, taste, and presentation. 

By application, the market is segmented into savory snacks, flavor industry, biscuits & other baked products, dips/dressings/dry mix/sauces, ready-to-eat, imitation & processed cheese, confectionery, cream, and pet & baby food. In 2020, the savory snacks segment developed at a stable rate. Snack sales in emerging economies have more than doubled due to rising per capita discretionary money, creating a significant opportunity for the business. Snacks such as pre-packaged meals are becoming more common in developed nations as the working-class population grows. During the forecast period, the dips/dressings/dry mixes, and sauces segment is expected to hold the biggest market share. Sauces made from cheese powder are typically served with pasta, pizza, vegetables, and soups. Dips and sauces are typically served alongside fried foods, wings, and veggies. Asia Pacific region's increasing consumption of junk food has raised the demand for the product, resulting in a strong growth rate in the coming years.

logoReport Scope

Report Attribute

Details

Market Size in 2021

USD 580 Million

Projected Market Size in 2028

USD 950 Million

CAGR Growth Rate

6.8% CAGR

Base Year

2021

Forecast Years

2022-2028

Key Market Players

Karl Heinz Group, Aarkay Food Products Inc., Land O Lakes Inc., Archer Daniels Midland, Kerry Group PLC, Commercial Creamery Company, Lactosan A/S, Dairiconcepts LP, All American Foods, and Kanegrade Ltd., among others

Key Segment

By Product, Application, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logoRegional Landscape

  • North America accounts for a sizable portion of the global market

In terms of revenue, the market in North America currently dominates the worldwide cheese powder market, owing to increased demand for convenience foods that are simple and ready-to-eat in this region throughout the forecast period. Due to increased customer desire for convenience food items in this area, the market in Europe accounted for the second-highest profit share in the global cheese powder market, followed by those in Latin America, Asia Pacific, and the Middle East & Africa, in that order. The market in the Asia Pacific is expected to expand the quickest in terms of revenue, owing to the increased disposable income of consumers, which allows them to afford more expensive food goods, which is fueling the expansion of the cheese powder market during the forecast period.

logoRecent Developments

  • July 2020: To reduce the rural broadband divide, Land O'Lakes Inc. and Microsoft Corp. unveiled a multi-year strategic agreement to pioneer agricultural innovations, improve the supply chain, and increase sustainable practices for farmers and the food system.
  • June 2021: Kerry Group plc, the global nutrition company, announced the signing of the agreement to obtain Hare Topco, Inc., doing business as Niacet Corp., from an associate of funds recommended by LP, SK Capital Partners, and other shareholders for USD 950 million in cash and debt-free terms, subject to conventional closing adjustments.

logoCompetitive Landscape

Some of the main competitors dominating the global cheese powder market are Karl Heinz Group, Aarkay Food Products Inc., Land O Lakes Inc., Archer Daniels Midland, Kerry Group PLC, Commercial Creamery Company, Lactosan A/S, Dairiconcepts LP, All American Foods, and Kanegrade Ltd.

The global cheese powder market is segmented as follows:

logoBy Product Segment Analysis

  • Mozzarella
  • Cheddar
  • Blue Cheese
  • Parmesan
  • Blends
  • Gouda Cheese
  • Swiss Cheese
  • Romano Cheese
  • Asiago Cheese
  • Feta Cheese
  • Others

logoBy Application Segment Analysis

  • Savory Snacks
  • Flavor Industry
  • Biscuits & Other Baked Products
  • Dips/Dressings/Dry Mix/Sauces
  • Ready-To-Eat
  • Imitation and Processed Cheese
  • Confectionery
  • Cream
  • Pet Food
  • Baby Food

logoBy Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic countries
      • Denmark
      • Finland
      • Iceland
      • Sweden
      • Norway
    • Benelux Reunion
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Southeast Asia
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Covid-19

Cheese Powder Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  • Karl Heinz Group
  • Aarkay Food Products Inc.
  • Land O Lakes Inc.
  • Archer Daniels Midland
  • Kerry Group PLC
  • Commercial Creamery Company
  • Lactosan A/S
  • Dairiconcepts LP
  • All American Foods
  • Kanegrade Ltd.

Frequently Asked Questions

The growing tendency for quick foods among individuals and the increased demand for ready-to-eat food products are the primary drivers driving growth in the global cheese powder market. Furthermore, the growing inclination for easy food among individuals as a result of rapid urbanization and globalization is driving expansion in the global cheese powder market.
According to the Facts & Factors report, the global cheese powder market was worth about 580 (USD million) in 2021 and is predicted to grow to around 950 (USD million) by 2028, with a compound annual growth rate (CAGR) of around 6.8%.
The market in North America currently holds the largest market share cheese powder market, owing to the rising demand for easy and ready-to-eat convenience foods in this area over the projection period.
Some of the main competitors dominating the global cheese powder market are Karl Heinz Group, Aarkay Food Products Inc., Land O Lakes Inc., Archer Daniels Midland, Kerry Group PLC, Commercial Creamery Company, Lactosan A/S, Dairiconcepts LP, All American Foods, and Kanegrade Ltd.
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