Global Cheese Powder Market Size, Trends, and Growth Opportunity, By Product (Mozzarella Cheese, Cheddar Cheese, Parmesan Cheese, American Cheese, Blue Cheese, Others), By Application (Bakery and Confectionery, Sweet and Savory Snacks, Ready to Eat, Sauces, Dressings, and Dips and Condiments, Other), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and forecast till 2027.
Global Cheese Powder Market
The global Cheese Powder market was valued at USD 4.05 billion in 2021 and is expected to expand to USD 6.27 billion in 2027 at a CAGR of 5.72% during the forecast period 2022- 2027.
Powder, made by dehydrating fresh cheeses is called cheese powder. It has become a popular product in city households and the food processing industry. It is used for flavoring and it gives a similar flavor to fresh cheese.
Market Drivers
One of the major driving factors for the market growth is growing public awareness of the health benefits of dehydrated cheeses like its high calcium and protein content.
Moreover, there is an upsurge in demand for ready-to-eat food products like soups, sauces, pizza, pasta, and noodles, and increasing disposable income among individuals are the factors that are boosting the market growth.
Market Restraints
The increasing awareness about the adverse health effects of cheese consumption like high cholesterol, obesity, and heart issues is one of the major factors that hamper the cheese powder market growth.
Additionally, in established countries, tight government rules and legislation on product approval are the restraining factors to the cheese powder market's expansion.
Market Segmentation
The global Cheese Powder market is segmented based on Product, Application, and region. On the basis of Product, it is segmented into Mozzarella Cheese, Cheddar Cheese, Parmesan Cheese, American Cheese, Blue Cheese, and Others. On the basis of Application, it is segmented into Bakery and Confectionery, Sweet and Savory Snacks, Ready to Eat, Sauces, Dressings, Dip and Condiments, Other. On the basis of region, it is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Regional Analysis
The north American region is likely to dominate the global Cheese Powder Market owing to the huge popularity of convenience food products as well as ready-to-eat meals amid customers as a result of busy work schedules.
Europe is anticipated to hold the second largest share attributed to the usage of processed cheese in restaurants and cafes. Also, rising disposable income and a growing population in this region.
Key Players
Various key players are listed in this report such as 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.).
Key Developments
In August 2022, Kraft Heinz agreed to sell its cheese powder manufacturing business to Kerry Group for USD 107.5 million. The deal also includes Kraft Heinz's powdered cheese production facility in Albany, Minnesota. Kraft Heinz was planning to work to tailor its portfolio and focus on core businesses, whereas Kerry Group has been looking to expand its ingredient offerings.
In 2021, Aarkay Food Products Ltd launched a new range of cheese powders under its High Purity/Pure Cheese Powder Category, targeting dips, mayo, and condiment sauces in Gujarat, India.
In 2021, ADM, a global leader in nutrition and agricultural origination and processing, announced that it had completed its acquisition of Sojaprotein, a leading European provider of non-GMO soy ingredients, thus, strengthening its plant-based-protein capabilities in Chicago, United States.
Market Taxonomy
By Product
• Mozzarella Cheese
• Cheddar Cheese
• Parmesan Cheese
• American Cheese
• Blue Cheese
• Others
By Application
• Bakery and Confectionery
• Sweet and Savory Snacks
• Ready to Eat
• Sauces, Dressings, and Dips and Condiments
• Other
By Region
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East and Africa
Key Question Addressed by the Report
· What are the Key Opportunities in Global Cheese Powder Market?
· What will be the growth rate from 2022 to 2027?
· Which segment/region will have the highest growth?
· What are the factors that will impact/drive the Market?
· What is the role of key players in the value chain?
Global Cheese Powder Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Feedstock Types
3 Executive Summary
4 Global Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Cheese Powder Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Cheese Powder Market Share Analysis, By Product
5.3 Global Cheese Powder Market Size and Forecast, By Product
5.3.1 Mozzarella Cheese
5.3.2 Cheddar Cheese
5.3.3 Parmesan Cheese
5.3.4 American Cheese
5.3.5 Blue Cheese
5.3.6 Others
6 Global Cheese Powder Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Cheese Powder Market Share Analysis, By Application
6.3 Global Cheese Powder Market Size and Forecast, By Application
6.3.1 Bakery and Confectionery
6.3.2 Sweet and Savory Snacks
6.3.3 Ready to Eat
6.3.4 Sauces, Dressings, and Dips and Condiments
6.3.5 Other
7 Global Cheese Powder Market, By Region
7.1 Global Cheese Powder Market Share Analysis, By Region
7.2 Global Cheese Powder Market Share Analysis, By Region
7.3 Global Cheese Powder Market Size and Forecast, By Region
8 North America Cheese Powder Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Cheese Powder Market Share Analysis, By Product
8.3 North America Cheese Powder Market Size and Forecast, By Application
8.4 North America Cheese Powder Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Cheese Powder Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Cheese Powder Market Share Analysis, By Product
9.3 Europe Cheese Powder Market Size and Forecast, By Application
9.4 Europe Cheese Powder Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Cheese Powder Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Cheese Powder Market Share Analysis, By Product
10.3 Asia Pacific Cheese Powder Market Size and Forecast, By Application
10.4 Asia Pacific Cheese Powder Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Cheese Powder Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Cheese Powder Market Share Analysis, By Product
11.3 Latin America Cheese Powder Market Size and Forecast, By Application
11.4 Latin America Cheese Powder Market Size and Forecast, By Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Cheese Powder Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Cheese Powder Market Share Analysis, By Product
12.3 Middle East Cheese Powder Market Size and Forecast, By Application
12.4 Middle East Cheese Powder Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Land O' Lakes, Inc.
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Kerry
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 The Kraft Heinz Company
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 ADM
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Lactosan A/S
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Aarkay Food Products Ltd.
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 All American Foods
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Commercial Creamery Company
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Kanegrade Limited
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 DairiConcepts, L.P
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
