Cheese Powder Market is valued at USD 1.15 Billion in 2019 and expected to reach 1.69 billion by 2025 with the CAGR of 5.6% over the forecast period.
Increasing application of cheese powder in food sector, rising population fuelling to a boom in demand of food, growing preference for convenience foods, and long shelf life of packaged food products are the major factors for driving the growth of Global Cheese Powder Market.
Scope of Cheese Powder Market Report-
Powdered cheese is typically dehydrated cheese. It can be made by a variety of methods, but the most common business process is to melt fresh whole cheese and spray it in a hot dryer to produce a thick, velvety powder, which can then be added to popcorn, bread and other food items as a seasoning or as an enhancer of taste. Powdered cheese is most often made with cheddar, but there can also be Swiss varieties, sharp and many others. It is not usually sold on supermarket shelves, but can be obtained from some online cheese suppliers and from spice or pastry shops.
Cheese Powder Market report covers major key players in the market like Aarkay Food Products Ltd., Kerry Group Plc, Bluegrass Dairy & Food Inc., All American Foods Inc., Archer-Daniels-Midland Company, Kraft Foods Group, Cargill Inc., Dairy Farmers of America Inc., Land O'Lakes Inc., Kanegrade Limited and others.
Cheese powder gives a unique and wonderful flavor value which is its largest specialty. The most exhausted form of cheese that is used in making cheese powder is Cheddar cheese, because of its worthy mouth-watering taste and exceptional blend with various food dishes.
Cheese powder was first made by Christian Jessen, the factory manager at Lactosan, in 1951, when one of its customers returned the whole consignment of cheese back due to the problems owing to difficult storage conditions. Christian then started to experiment on melted cheese for its atomization using a spray drier. This was done to ensure convenient storage for cheese, maintaining its taste value. Since he became successful, powdered cheese is gaining more acknowledgement due to its flavors and long packaging life.
The regions covered in this cheese powder market report are North America, Europe, Asia Pacific and rest of the World. On the basis of country level, market of cheese powder is subdivided into U.S., Mexico, Canada, U.K., Germany, France, Italy, China, Japan, South East Asia, Africa, etc.
Cheese Powder Market Segmentation
By Type:- Cheddar, Blue, Parmesan, American, Swiss, Romano, Mozarella
By Application: - Bakery, Seasoning, Sauces, Dips, Confectionery, Readymeals, Snacks and others
Global Cheese Powder Market Dynamics-
Increasing application of cheese powder in food sector, rising population fuelling to a boom in demand of food, rising preference for convenience foods, and long shelf life of packaged food products are the major factors for driving the growth of Global cheese powder Market. As per the statistics revealed by IDDBA 2018, full fat cheese accounts for around 82.4% of the sales of total cheese, this shows major preference for taste and flavours of the cheese. Also, packaged cheese can pertain a shelf life of as long as 15 years, which boosts its demand in the market. Moreover, enhancement of taste in food items, on account of the flavour value of cheese powder is also a major driving factor in the market growth.
North America is expected to remain a dominant region in the Global Cheese Powder Market.
North America is the dominant region in the market with the largest share of the overall market throughout the evaluation period, due to a busy work schedule, time constraints and the widespread popularity of ready meals and ready meals among consumers. In addition, with the evolution of the population structure, busy lifestyles and easy access to new food and dairy technologies, the high consumption of dairy products has contributed to the growth of Europe’s market. As per American Cheese Society’s 2018 survey, there are near to 1000 cheesemakers in U.S., specializing in different forms of cheese making. Other statistics given by Food and Agriculture Organization, New Zealand, U.S., Australia are expected to account for around 75% of world’s cheese exports.
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