Press release
Cheese Powder Market Projected to be Resilient During 2024 - 2031 | Kraft Foods Group, Inc., Kerry Group PLC
Cheese Powder Market
Cheese powder is a dried and powdered form of cheese that is highly soluble and provides creaminess, texture and cheese flavor to various food products and recipes. Cheese powder finds wide applications in convenience foods, bakery products, sauces and soups.
Market Dynamics:
The cheese powder market is expected to witness significant growth over the forecast period, owing to high demand from the convenience food industry. Convenience foods such as soups, sauces, ready-to-eat meals and packaged snacks use cheese powder as a key ingredient to provide texture and rich flavor. According to data, the global packaged food market size was valued at USD 1.9 trillion in 2021 and is anticipated to register a CAGR of 6.5% during the forecast period. Another major driver propelling the cheese powder market growth is increasing popularity of cheese-flavored snacks. Changing consumer lifestyles and busy schedules have augmented the demand for cheese-flavored snacks that can be consumed on-the-go. Rising health-consciousness is also prompting snack manufacturers to develop cheese powder based snacks with fewer calories and better nutritional profiles.
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Major Growth Driver #1: Increasing Demand for Convenience Foods
The dairy industry has witnessed notable growth in demand for convenience foods in the recent past. Cheese powder has emerged as a popular ingredient used in various convenience food products like snacks, soups and pasta dishes as it offers properties like long shelf life and ease of storage. The fast-paced lifestyle has led to increasing preference for ready-to-eat and on-the-go food options that save time in preparation. Cheese powder allows manufacturers to develop various value-added cheese-flavored snack foods and meals catering to this trend. Its dehydrated nature and powdered form confer benefits of compact packaging and longer shelf life compared to natural cheese, driving its use in various instant foods and meals. Moreover, cheese powder offers uniform flavor distribution and consistency in finished food products. This has boosted its popularity among food processors.
Major Opportunity: Product Innovation in Organic and Specialty Cheese Powders
The cheese powder industry sees lucrative opportunities through expanding their portfolio into specialty organic varieties. There is increasing consumer preference for premium health-oriented foods made from organic and natural ingredients. Cheese powders crafted from organic dairy sources high in proteins and minerals align well with this trend. Manufacturers focused on innovation can explore unique flavors obtained from different cultures and ethnic cuisines. Specialty cheese powders with characteristics like aged, smoked and flavored varieties cater to evolving consumer palates and dishes. They offer improved taste, texture and appeal in gourmet cooking applications. Furthermore, blending cheese powder with other plant-based ingredients increases diversification opportunities. For example, combinations of herbs, spices and vegetables enable developing interesting cheese-based seasoning mixes. Such innovation allows manufacturers to command premium pricing in niche market segments and expand globally.
Major Trend: Increased Popularity of Regional and Authentic Cheese Flavors
Consumers are exhibiting growing interest in exploring authentic ethnic cuisines and regional flavors from around the world. In line with this, the cheese powder industry witnesses rising preference for traditional and indigenous cheese varieties from various world origins. Manufacturers are actively innovating powdered versions of classic cheeses types associated with certain locales like Parmesan, Gouda, Feta and Mozzarella. For example, traditional cheese flavors inspired by cuisines of countries including Italy, France, Greece and Middle East are gaining prominence. Moreover, artisanal specialty cheese powders made using local milk sourced directly from cheese-producing regions are experiencing more demand. Their distinct cultural heritage and authenticity captures consumer imagination. This explores an opportunity for dairy manufacturers to introduce new international cheese powder launches inspired from diverse origins. It not only augments product diversification
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Top Companies Featured in This Report:
★ Kraft Foods Group Inc.
★ Kerry Group PLC
★Food Products
★ Land O'Lakes Inc.
★ Lactosan A/S
★ Commercial Creamery Company
★ Kanegrade Limited
★ All American Foods among others.
Market Segmentation:
By Product Type:
★ Cheddar
★ Parmesan
★ Mozzarella
★ Blue
★ Gouda
★ Others
By Applications:
★ Sauces, dips & dressings
★ Bakery & Snacks
★ Confectionary
★ Ready-to-Eat meals
★ Others
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
Key Inquiries Addressed in this Report include:
📈 What was the size of the Cheese Powder Market in 2024, and what is the projected value by 2031?
📈 What is the present global market landscape for the Cheese Powder Market?
📈 What strategies offer optimal opportunities for growth maximization in the business?
📈 What recent trends are shaping the Cheese Powder Market?
📈 How does the market share of Cheese Powder Market revenue, sales, and size vary across specific geographical regions?
📈 Who are the prominent industry players in the Cheese Powder Market?
📈 Which segment of the Cheese Powder Market is experiencing heightened demand?
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Cheese Powder sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
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Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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