Cheese Powder Market: Global Industry Analysis and Forecast (2024-2030) by Product, Application, Strategies, Trends and Region

Cheese Powder Market Definition:

Cheese powder is a cheese that has been dehydrated. The greatest shared type of cheese powder is cheddar, though it also originates in Swiss, sharp, and a few other diversities. It is not commonly found on supermarket shelves, but it is available from several online cheese making supply businesses as well as spice and baking products stores. In the food sector, cheese powder is widely used as a seasoning and flavouring agent. The cheese powder market report is provided with the PESTLE analysis, PORTER's five force analysis and segment analysis on the basis of product, application and region.

 

It's made by spray drying a mix of macerated cheese, water, and other components like emulsifiers and salts. It can also be created by dehydrating a combination that contains whey and water. The addition of whey to the component mixture produces a finer powder known as cheese dust. It can be made from a variety of cheeses, including cheddar, blue, and Swiss. Cheese powders are indorsed as low-fat or low-sodium foodstuffs, and the cheese elements are low-fat and low-salt cheese.

 

 

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Cheese Powder Market Dynamics:

The cheese Powder market is growing due to its longer shelf life, simplicity of storing and associated with several health advantages:

 

Cheddar cheese powder lasts a long time and doesn't need to be refrigerated. It can be kept for up to a year in a cold, dry location. Transfer powdered cheese to an airtight container and store it in the fridge or freezer for extended storage. Cheese powder normally only lasts 1-2 years unopened in plastic containers or bags. Powdered cheese can last 15 years or more if stored in a can or Mylar bag with oxygen absorbers. It must keep cheese powder cold, regardless of how it is packaged.

 

Cheese powder also contains vitamins such as vitamin B12, and eating low-sodium cheeses regularly can help to lower blood pressure. Conjugated linoleic acid improves inflammatory and immunological responses while also lowering the risk of cardiovascular disease and increasing bone mass. This is considered another major factor for driving the growth of the cheese powder market.

 

A change in consumer preferences toward a vegan diet is hampering the growth of the market:

 

Vegetarians can eat soy, pea, cashew, coconut or almond cheese, all of which are plant-based. Vegan cheeses include Cheddar, Gouda, Parmesan, and Cream Cheese and are available in non-dairy versions. Growing health concerns are shifting consumer preference towards vegan products, providing more nutritional value to the human body, and this is hindering the growth of the cheese powder market.

 

Cheese is being more widely used in the food and beverage industry which is giving a huge opportunity for the market:

 

Products are widely applied in the food and beverage industry. Consumer desire for convenience foods drives demand for this product. Additionally, the product's long shelf life makes it a great choice for packaged foods. The demand for cheese powder stems from its ability to provide pleasant flavours and aromas. Customer understanding of the nutritional benefits of the product, such as high protein and vitamin content and low-calorie content, is another factor that presents a large cheese powder market opportunity.

 

Various chemicals that may alter the process of turning cheese to cheese powder are a key commercial challenge for the cheese powder market:

 

Some volatile flavour components such as diacetyl and dimethyl sulphide may be lost during the process of converting cheese to a cheese powder, which is vital to cheese flavour and may stymie demand and growth in the cheese powder industry. The price of cheese powder is likewise high when compared to hard cheese, which may distract consumer purchasing criteria and limit the cheese powder market's growth.

 

Cheese Powder Market Segment Analysis:

By Product, the cheese powder market is segmented as Cheddar, Mozzarella, Parmesan, Swiss, Gouda, and Others. The Parmesan segment dominated the market with a 28.6% share in 2023. Consumers are increasingly expecting fresh and authentic flavours, natural ingredients, and prefer to spend on high-quality soups, sauces, and dressings for better taste, texture, and appearance, with Parmesan cheese forecast to be the fastest-growing variety in terms of value. Because of its original flavour, parmesan cheese powder is in high demand in the soups, sauces, and dressings business.

 

However, The Cheddar segment is expected to grow at a CAGR of 6.3% through the forecast period. Cheddar cheese, the world's most popular cheese, is an excellent example of close-textured hard cheese. Many countries, including England, Ireland, Canada, Australia, and the United States, make it from cow's milk. It is created with milk from cows. The cheddaring process begins similarly to that of other cheeses. Milk has been cultivated (meaning bacteria is added to acidify the milk). Then rennet is introduced, and the milk curdles. Thus this segment is expected to reach for lucrative growth in the forecast period.

 

 

By Application, the market is segmented as Snacks, Bakery & Confectionary, Dips, Flavours, Ready to Eat, and Others. The Snacks segment dominated the cheese powder market with a 36.2% share in 2023. Due to rising per capita disposable income in emerging economies like the United Kingdom, Canada and the United States, snack sales have doubled, creating a significant opportunity for the business. Because of the expanding working-class population, snacking as a meal replacement is becoming more popular in these various developed nations.

 

The dips sector is expected to hold the biggest cheese powder market share during the forecast period. Pizza, pasta, veggies, and casseroles are frequently served with cheese powder-based sauces. Dips and sauces are commonly served alongside fried foods, wings, and vegetables. Fast-food consumption has surged throughout the Asia Pacific region, resulting in a significant growth rate in the next forecast years.

 

Cheese Powder Market Regional Insights:

The North American region dominated the market with a 45.2% share in 2023. The North America cheese powder market is predicted to be the most important for the global industry, owing to the rising use of ready-to-eat items as a result of their hectic lifestyles. The United States and Canada consume the second and third most cheese per capita, respectively. Cheese consumption per capita in the United States is 17.42 kg, while it is 14.28 kg in Canada. By 2020, this higher consumption is predicted to boost market expansion in the region. As a result of consumers hectic work schedules, convenience foods and ready-to-eat meals have become extremely popular which is another factor for driving the growth of this region.

 

However, the Asia Pacific region is expected to grow at a CAGR of 8.3% through the forecast period. The existence of the biggest number of ready-to-eat meal consumers in this region correlates with the growth of the cheese powder market in this region. In the APAC region, countries like India and China are experiencing rapid expansion in the food processing business. Because the food processing sector and the market rely on each other for their livelihoods, the cheese powder market in the APAC region is bound to grow in the long term.

 

The objective of the report is to present a comprehensive analysis of the Global Cheese Powder market to the stakeholders in the industry. The report provides trends that are most dominant in the Global Cheese Powder market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the global market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Global Cheese Powder market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Global Cheese Powder market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the global market.

 

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Global Cheese Powder market. The report also analyses if the Global Cheese Powder market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few Players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Global Cheese Powder market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Global Cheese Powder market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Global Cheese Powder market is aided by legal factors.

 

Cheese Powder Market Scope:

Cheese Powder Market
Market Size in 2023	USD 1.71 Bn.
Market Size in 2030	USD 2.79 Bn.
CAGR (2024-2030)	7.2%
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	by Application Snacks Bakery & Confectionary Dips Flavours Ready to Eat Others
	By Product Cheddar Mozzarella Parmesan Swiss Gouda Others
Regional Scope	North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America

 

Cheese Powder Market Key Players:

• All American Foods Inc. (US)
• Arla Foods amba (Denmark)
• Du Pont de Nemours and Company (US)
• Frontier Co-op (US)
• Cargill Inc. (US)
• Dairi Concepts, L.P. (US)
• Archer-Daniels-Midland Company (US)
• Aarkay Food Products Ltd. (India)
• Di Bruno Bros. (US)
• Kerry Group Plc. (Ireland)
• Vita organic (Bulgaria)
• Land O Lakes Inc. (US)
• Kraft Foods Group, Inc. (US)
• DSM Nutritional Products AG (Switzerland)
• The Lactosan Group (Denmark)