Cheese Powder

Cheese Powder

Global Cheese Powder Market to Reach US$1.9 Billion by 2030

The global market for Cheese Powder estimated at US$882.0 Million in the year 2023, is expected to reach US$1.9 Billion by 2030, growing at a CAGR of 11.6% over the analysis period 2023-2030. Parmesan Cheese Powder, one of the segments analyzed in the report, is expected to record a 13.5% CAGR and reach US$577.4 Million by the end of the analysis period. Growth in the Cheddar Cheese Powder segment is estimated at 12.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$237.8 Million While China is Forecast to Grow at 16.3% CAGR

The Cheese Powder market in the U.S. is estimated at US$237.8 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$442.3 Million by the year 2030 trailing a CAGR of 16.3% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 8.2% and 9.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9.1% CAGR.

Global Cheese Powder Market – Key Trends & Drivers Summarized

Why Is Cheese Powder Becoming a Popular Ingredient?
Cheese powder has emerged as a versatile ingredient in the food industry, offering the flavor and texture of cheese in a more convenient and shelf-stable form. It is widely used in snacks, sauces, and ready-to-eat meals, making it an attractive option for food manufacturers looking to enhance the taste of their products. Cheese powder`s long shelf life, easy storage, and consistent flavor make it a preferred choice for companies seeking to reduce production complexities while maintaining the appeal of natural cheese. Its role as an additive in processed foods has grown in recent years as consumer demand for savory, cheese-flavored products has surged.

How Are Innovations in Food Processing Driving the Cheese Powder Market?
Technological advancements in food processing are playing a key role in the growing cheese powder market. Innovations in drying techniques, such as spray drying and freeze-drying, have improved the quality and nutritional profile of cheese powder while retaining its essential flavors. These advanced methods allow manufacturers to produce cheese powders that can be tailored to specific applications, whether it be for snack coatings or as ingredients in sauces. Moreover, cleaner production processes and the use of natural ingredients are gaining traction, as consumers increasingly seek out healthier and more transparent food options. As a result, the market for cheese powder has expanded beyond traditional processed foods into more premium and artisanal categories.

Which Sectors Are Driving Demand For Cheese Powder?
The demand for cheese powder is largely driven by the snack food industry, which uses it as a key ingredient in popular items like chips, popcorn, and crackers. The convenience food sector, including instant pasta, soups, and sauces, also represents a significant portion of the market, as cheese powder provides an easy way to infuse rich flavors without the need for refrigeration. Additionally, the growing fast-food industry, especially in emerging markets, is driving demand for cheese-flavored seasonings and coatings. Cheese powder is also being used in the bakery sector to enhance the taste of savory pastries and bread, further broadening its application scope across the food industry.

What Are The Key Growth Drivers of The Cheese Powder Market?
The growth in the cheese powder market is driven by several factors, including increasing consumer demand for convenience foods, rising popularity of cheese-flavored snacks, and advancements in food processing technologies. The shift towards ready-to-eat meals and snack products, particularly in urban areas, has significantly boosted demand for cheese powder as a flavoring agent. Additionally, the global expansion of fast food and casual dining chains has created a steady demand for cheese-flavored seasonings. The growing trend of clean-label products has also driven the adoption of high-quality cheese powders with natural ingredients, appealing to health-conscious consumers. Lastly, the versatility of cheese powder in various food applications, from snacks to sauces, continues to fuel its widespread use across the food industry.

Select Competitors (Total 42 Featured) -

• Aarkay Food Products Ltd.
• All American Foods Inc.
• Archer Daniels Midland Company
• Bluegrass Dairy and Food Inc.
• DairiConcepts LP
• Kanegrade Ltd.
• Kerry Group PLC
• Lactosan A/S
• Land O'Lakes, Inc.
• The Kraft Heinz Company

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.