The Business Research Company’s report on the Cheese Powder Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the cheese powder market in recent years?
The rising consumption of convenience foods is expected to propel the growth of the cheese powder market going forward. Convenience food refers to food that can be heated and prepared quickly and easily, such as frozen, dried, or canned foods. People are opting for convenience food as they are easy-to-cook and easy-to-eat foods and are tastier. For instance, in May 2023, according to a report published by the SNAC International, a US-based international trade association, sales of salty snacks rose by 15.6% from the prior year, totaling $28.4 billion in 2022. Therefore, a rise in the consumption of convenience food is driving the cheese powder market growth.
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What is the projected market size of the cheese powder industry, and how is it expected to grow?
The cheese powder market size has grown strongly in recent years. It will grow from $1.58 billion in 2024 to $1.72 billion in 2025 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to convenience and shelf stability, snack foods and seasonings, processed and convenience foods, global fast food chains: eseburgers, bakery and baked goods.
The cheese powder market size is expected to see strong growth in the next few years. It will grow to $2.39 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to plant-based and clean label alternatives, snack and convenience foods, global market expansion, premium and gourmet varieties, online sales and delivery. Major trends in the forecast period include plant-based cheese powders, gourmet and artisanal flavors, snack and convenience foods, dietary and nutritional enhancements, diversification of cheese types.
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Who are the key players driving competition in the cheese powder market?
Major companies operating 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 key trends are expected to drive the chatbot market during the forecast period?
Product innovation is the key trend gaining popularity in the cheese powder market. Major companies operating in the cheese powder market are coming up with new and innovative products to sustain their position in the market. For instance, in May 2023, Changing Bio launched a line of dairy products including cheese powder, whipping cream, and ice cream with Kluvy Protein, a microbial component. The alternative dairy products are sold under the name ChangingPRO, which is a sub-brand of Changing Bio. The product line is marketed as future food, from nature. Kluvy vegan cheese powder is an alternative dairy product for professionals. It is fully animal-free, has a clean label, and can be transported and stored at ambient temperatures. Its mild cheesy, salty, and nutty flavor makes it an ideal ingredient to any dish and caters to China’s growing desire for cheese flavor.
Which key geographies are driving the growth of the cheese powder market?
North America was the largest region in the cheese powder market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cheese powder market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What are the key segments driving growth in the cheese powder market?
The cheese powder market covered in this report is segmented –
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
Subsegments:
1) By Cheddar: Mild Cheddar Powder, Sharp Cheddar Powder
2) By Parmesan: Grated Parmesan Powder, Shredded Parmesan Powder
3) By Mozzarella: Low-Moisture Mozzarella Powder, Whole-Milk Mozzarella Powder
4) By Other Product Types: Blue Cheese Powder, Swiss Cheese Powder, Gouda Cheese Powder
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How is the cheese powder market defined, and what are its core characteristics?
The cheese powder are used as a flavor enhancer and filler in a variety of products, including soups, sauces, dressings, and ready-to-eat meals. Cheese powder refers to the dehydrated form of natural cheese made from cheese, water, and melting salt, which is melted, pasteurized, and spray-dried.
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