How Is The Global Cheese Powder Market Expected To Develop Over The Next Decade?
The cheese powder market size has shown robust growth in recent years, expanding from $1.58 billion in 2024 to an expected $1.72 billion in 2025. This represents a compound annual growth rate (CAGR) of 8.9%. Factors contributing to this growth in the historic period include the convenience and shelf stability offered by cheese powder, its usage in snack foods and seasonings, processed and convenience foods, the popularity of global fast food chains, as well as the increasing demands in the bakery and baked goods industry.
The cheese powder market size is forecast to witness steady growth for the next few years, reaching around $2.39 billion by 2029, with a CAGR of 8.5%. Factors expected to drive this growth include the rise of plant-based and clean label alternatives, the popularity of snack and convenience foods, global market expansion, demand for premium and gourmet varieties, strong growth in online sales and delivery, and diversification in the types of cheese being offered in powder form. Emerging market trends in the forecast period encompass plant-based cheese powders, gourmet and artisanal flavors, dietary and nutritional enhancements, and a rising challenge to meet diversified cheese preferences.
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What Are The Key Drivers Of The Global Cheese Powder Market Growth?
The increasing consumption of convenience foods is driving the growth of the global cheese powder market. These types of food, including frozen, dried, or canned foods, are easy to cook and eat. They are especially attractive to consumers for their tasty appeal. For instance, a report published by the SNAC International in May 2023 referenced the rise in sales of salty snacks by 15.6%, amounting to a total of $28.4 billion in 2022. This rise in the consumption of convenience food is a key factor propelling the cheese powder market growth.
What Are The Main Segments Covered In This Market Report?
1) By Product Type: Cheddar, Parmesan, Mozzarella, Other Product Types
2) By Application: Bakery And Confectionery, Sweet And Savory Snacks, Sauces, Dressings, Dips And Condiments, Ready Meals, Other Applications
3) By Distribution Channel: Super markets/Hyper markets, Convenience Stores, Specialty Stores, Other Distribution Channels
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Who Are The Major Players In The Cheese Powder Market?
Key companies in the cheese powder market include Kerry Group plc, DairiConcepts L.P., Land O’ Lakes Inc., Kanegrade Ltd., Kraft Heinz Company, Lactosan A/S, Archer Daniels Midland Company, Commercial Creamery Company, Aarkay Food Products Ltd., All American Foods Inc., Bluegrass Dairy & Food Inc., California Dairies Inc., C.P. Ingredients Ltd., Dairy Farmers of America Inc., Dairygold Co-Operative Society Limited, Glanbia plc, Grande Custom Ingredients Group, Hoogwegt Group, Idaho Milk Products Inc., Ingredia Inc., International Dehydrated Foods Inc., Lactalis Ingredients SA, Leprino Foods Company, MCT Dairies Inc., Milk Specialties Global Co., Proliant Dairy Ingredients Inc., Saputo Inc., Sodiaal Group, Vika BV, Westland Co-Operative Dairy Company Ltd., WILD Flavors Inc., Winona Foods Inc., Wisconsin Cheese Group LLC.
What Are The Key Trends In The Global Cheese Powder Market?
Product innovation is an emerging trend gaining moment in the cheese powder market. Companies are increasingly introducing new products to remain competitive. In May 2023, Changing Bio launched a line of dairy products including cheese powder, whipping cream, and ice cream with Kluvy Protein. Sold under the sub-brand ChangingPRO, this product line caters to China’s growing appetite for cheese flavor. Technological advancements such as these help to drive the market forward.
Which Region Will Witness The Fastest Growth In The Global Cheese Powder Market?
North America was the largest region in the cheese powder market in 2024. However, Asia-Pacific is expected to emerge as the fastest-growing region in the upcoming forecast period. The cheese powder market report includes insights on other regions such as Western Europe, Eastern Europe, South America, Middle East and Africa.
What Does The Cheese Powder Market Report 2025 Include?
Cheese powder is the dehydrated version of natural cheese. Made from cheese, water, and melting salt, the process includes melting, pasteurizing, and spray-drying. This product acts as a flavor enhancer and filler in a wide range of products, from sauces and dressings to soups and ready-to-eat meals. The Cheese Powder Market Research Report from The Business Research Company provides global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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