Cheese Powder Market Introduction and Overview
According to SPER Market Research, the Global Cheese Powder Market is estimated to reach USD 8.26 billion by 2032 with a CAGR of 6.72 %.
The report includes an in-depth analysis of the Global Cheese Powder market, including market size and trends, product mix, distribution channels, and supplier analysis. Cheese powder is prepared by dehydrating several varieties of cheese and is used in many dishes to add flavour. Cheese powder is made up primarily of salt, whey, cheese, and an anti-caking ingredient. It is commonly paired with pizza, pasta, and fried foods. Cheese powder is in high demand due to rising desire for natural ingredients, authentic flavours, and increased expenditure on sauces, soups, and dressings.
- Kerry Group plc (Ireland) greatly strengthened its dominance in the cheese powder market in September 2022 by acquiring The Kraft Heinz Company's powdered cheese business and related assets. This strategic initiative not only increases Kerry's scale and manufacturing capability, but it also broadens the company's client base in the critical snacking market.
- Fonterra Co-operative Group Limited (New Zealand) has begun a collaborative project to strengthen its US Foodservice business by teaming with Land O'Lakes, Inc. (US), a prominent dairy cooperative in the United States, in October 2022. This strategic sales and marketing arrangement aims to open up new channels for Fonterra's Foodservice services in the vast US market.
Market Opportunities and ChallengesThe Cheese Powder market has a variety of opportunities and challenges. On the opportunity side, Cheese powders are a more convenient and cost-effective approach to flavor a product. The global cheese powder market is developing as a result of rising snack and fast-food consumption. Cheese powder is commonly used as a flavor enhancer and filler in a wide range of products, including soups, sauces, dressings, and ready-to-eat meals. Cheese powder manufacturers are developing new types to enhance their market share. Low-fat and low-sodium cheese are utilized as cheese ingredients in cheese powders that are marketed as reduced-fat or reduced-sodium products.
Cheese Powder market has many cheese powders contain allergens such as milk, which can be problematic for people who have allergies or dietary restrictions. Meeting the demands of allergen-free or plant-based consumers while keeping desirable taste and texture can be difficult. According to the World Population Review report "Lactose Intolerance by Country - 2023," lactose intolerance is more common among individuals in the United States with familial or ancestral ties to locations where lactose malabsorption is more common. According to the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), those of African American, American Indian, Asian American, or Hispanic/Latino ancestry are more prone to lactose malabsorption.
Market Competitive Landscape
Among the leading companies in the international cheese powder industry are Land O'Lakes, Inc. (US), Kerry Group Plc (Ireland), Fonterra Co-operative Group Limited (New Zealand), Archer Daniels Midland (US), and Lactosan A/S (Denmark). These market participants are concentrating on expanding their footprint through alliances and alliances. These businesses are well-established in North America, the Asia-Pacific region, and Europe.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Application, By Product Type, By Distribution Channel |
| Regions covered | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Companies Covered | Aarkay Food Products Ltd., Ace International LLP, All American Foods Inc., Bluegrass Ingredients Inc., Commercial Creamery Company, DairiConcepts L.P., First Choice Ingredients, Fonterra Co-operative Group, Kanegrade Ltd., Kerry Group PLC, Lactosan A/S, Land O' Lakes Inc., The Archer-Daniels-Midland Company, The Kraft Heinz Company, Wild Flavors Inc.
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COVID-19 Impact on Global Cheese Powder Market
The COVID-19 pandemic had an adverse impact on a number of international industries, particularly the dairy power sector. The outbreak made consumers more health-conscious and shifted their tastes for natural and healthy products. On the global economy, the pandemic had a number of detrimental repercussions, including disruptions in the production of cheese and cheese powder as well as supply chains and consumer demand. Participants in the sector started focusing on online sales platforms as a result. The product is used in the food and beverage industry in many different ways. As more consumers select convenience foods, the demand for the product is rising.
Key Target Audience:
- Food Manufacturers
- Food Distributors and Wholesalers
- Retailers
- Snack Food Producers
- Food Ingredient Suppliers
- Food Research and Development Teams
Our in-depth analysis of the Cheese Powder Market includes the following segments:
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By Product Type:
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Cheddar
Parmesan
Mozzarella
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By Distribution Channel:
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Super Markets
Hyper Markets
Convenience Stores
Specialty Stores
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By Region:
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Asia-Pacific
Europe
Middle East & Africa
North America
Latin America
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Key Topics Covered in the Report:
- Global Cheese Powder Market Size (FY’2022-FY’2032)
- Overview of Global Cheese Powder Market
- Segmentation of Global Cheese Powder Market By Application (Bakery & Confectionery, Dessert, Dips, Dressings, Dry Mix, Flavors, Ready to Eat, Sauces, Snacks, Soup, Sweet & Savory Snacks.)
- Segmentation of Global Cheese Powder Market By Product Type (Cheddar, Parmesan, Mozzarella, Other.)
- Segmentation of Global Cheese Powder Market By Distribution Channel (Super Markets, Hyper Markets, Convenience Stores, Specialty Stores, Others.)
- Statistical Snap of Global Cheese Powder Market
- Expansion Analysis of Global Cheese Powder Market
- Problems and Obstacles in Global Cheese Powder Market
- Competitive Landscape in the Global Cheese Powder Market
- Impact of COVID-19 and Demonetization on Global Cheese Powder Market
- Details on Current Investment in Global Cheese Powder Market
- Competitive Analysis of Global Cheese Powder Market
- Prominent Players in the Global Cheese Powder Market
- SWOT Analysis of Global Cheese Powder Market
- Global Cheese Powder Market Future Outlook and Projections (FY’2022-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Cheese Powder Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Global Cheese Powder Market, By Application, 2019-2032 (USD Million)
6.1. Bakery & Confectionery
6.2. Dessert
6.3. Dips
6.4. Dressings
6.5. Dry Mix
6.6. Flavors
6.7. Ready to Eat
6.8. Sauces
6.9. Snacks
6.10. Soup
6.11. Sweet & Savory Snacks
7. Global Cheese Powder Market, By Product Type, 2019-2032 (USD Million)
7.1. Cheddar
7.2. Parmesan
7.3. Mozzarella
7.4. Other
8. Global Cheese Powder Market, By Distribution Channel, 2019-2032 (USD Million)
8.1. Super Markets
8.2. Hyper Markets
8.3. Convenience Stores
8.4. Specialty Stores
8.5. Others
9. Global Cheese Powder Market, By Region, 2019-2032 (USD Million)9.1 North America
9.1.1 United States
9.1.2 Canada
9.1.3 Mexico
9.2 Europe
9.2.1 Germany
9.2.2 United Kingdom
9.2.3 France
9.2.4 Italy
9.2.5 Spain
9.2.6 Rest of Europe
9.3 Asia-Pacific
9.3.1 China
9.3.2 Japan
9.3.3 India
9.3.4 Australia
9.3.5 South Korea
9.3.6 Rest of Asia-Pacific
9.4 South America
9.4.1 Brazil
9.4.2 Argentina
9.4.3 Rest of South America
9.5 Middle East & Africa
9.5.1 Kingdom of Saudi Arabia
9.5.2 United Arab Emirates
9.5.3 Rest of Middle East & Africa
10. Company Profiles
10.1 Aarkay Food Products Ltd.
10.1.1 Company details
10.1.2 Financial outlook
10.1.3 Product summary
10.1.4 Recent developments
10.2 Ace International LLP
10.2.1 Company details
10.2.2 Financial outlook
10.2.3 Product summary
10.2.4 Recent developments
10.3 All American Foods Inc.
10.3.1 Company details
10.3.2 Financial outlook
10.3.3 Product summary
10.3.4 Recent developments
10.4 Bluegrass Ingredients Inc.
10.4.1 Company details
10.4.2 Financial outlook
10.4.3 Product summary
10.4.4 Recent developments
10.5 Commercial Creamery Company
10.5.1 Company details
10.5.2 Financial outlook
10.5.3 Product summary
10.5.4 Recent developments
10.6 DairiConcepts L.P.
10.6.1 Company details
10.6.2 Financial outlook
10.6.3 Product summary
10.6.4 Recent developments
10.7 First Choice Ingredients
10.7.1 Company details
10.7.2 Financial outlook
10.7.3 Product summary
10.7.4 Recent developments
10.8 Fonterra Co-operative Group
10.8.1 Company details
10.8.2 Financial outlook
10.8.3 Product summary
10.8.4 Recent developments
10.9 Kanegrade Ltd.
10.9.1 Company details
10.9.2 Financial outlook
10.9.3 Product summary
10.9.4 Recent developments
10.10 Kerry Group PLC
10.10.1 Company details
10.10.2 Financial outlook
10.10.3 Product summary
10.10.4 Recent developments
10.11 Lactosan A/S
10.11.1 Company details
10.11.2 Financial outlook
10.11.3 Product summary
10.11.4 Recent developments
10.12 Land O' Lakes Inc.
10.12.1 Company details
10.12.2 Financial outlook
10.12.3 Product summary
10.12.4 Recent developments
10.13 The Archer-Daniels-Midland Company
10.13.1 Company details
10.13.2 Financial outlook
10.13.3 Product summary
10.13.4 Recent developments
10.14 The Kraft Heinz Company
10.14.1 Company details
10.14.2 Financial outlook
10.14.3 Product summary
10.14.4 Recent developments
10.15 Wild Flavors Inc.
10.15.1 Company details
10.15.2 Financial outlook
10.15.3 Product summary
10.15.4 Recent developments
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
