Global Cheese Powder Market Projected to Grow at 8.5% CAGR, Reaching $2.39 Billion by 2029

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What Will the Cheese Powder Industry Market Size Be by 2025?
Significant growth has been observed in recent years in the cheese powder market. The market, which was valued at $1.58 billion in 2024, is projected to escalate to $1.72 billion in 2025, marking a compound annual growth rate (CAGR) of 8.9%. Factors that contributed to this growth in the past include the convenience and shelf life longevity of the product, its use in snack foods and seasonings, processed and ready-to-eat meals, as well as its demand in fast food chains and the bakery sector.

What's the Long-Term Growth Forecast for the Cheese Powder Market Size Through 2029?
In the coming years, the cheese powder market size is predicted to experience significant expansion. The estimated growth will reach $2.39 billion by 2029, with a compound annual growth rate (CAGR) of 8.5%. Factors contributing to this growth during the forecast period include the advent of plant-based and clean label substitutes, the rise in snack and convenience foods, expansion of the global market, premium and gourmet varieties, along with online sales and delivery services. The foremost trends anticipated during the forecast period include plant-based cheese powders, gourmet and artisanal flavours, snack and convenience foods, dietary and nutritional enhancements, and the diversification of cheese types.

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What Are the Key Growth Drivers Fueling the Cheese Powder Market Expansion?
The growth of the cheese powder market is anticipated to be driven by an increase in consumption of convenience foods. These foods, which include quick or easy-to-prepare varieties such as canned, dried, or frozen food, are gaining popularity owing to their easy-to-cook and easy-to-eat nature, as well as their tastiness. For example, sales of salty snacks witnessed a surge of 15.6% from the previous year, amounting to $28.4 billion in 2022, as reported by SNAC International, an international trade association based in the US, in May 2023. Hence, the upward trend in the consumption of convenience food is propelling the cheese powder market expansion.

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What Are the Key Trends Driving Cheese Powder Market Growth?
The cheese powder market is witnessing a growing trend of product innovation. Leading companies are introducing novel and inventive products to maintain their competitive stance. For example, Changing Bio rolled out a series of dairy products inclusive of cheese powder, whipped cream, and ice cream, featuring Kluvy Protein, a microbial element, in May 2023. These alternative dairy products, retailed under the sub-brand ChangingPRO, are hailed as future food, sourced from nature. Kluvy vegan cheese powder captures the qualities of an alternative dairy product for professional use. Completely devoid of animal-derived elements, it bears a clean label and is easy to transport and store at room temperatures. Its subtly cheesy, salty, and nutty taste positions it as a perfect ingredient for any dish, satisfying the growing Chinese preference for cheese flavor.

How Is the Cheese Powder Market Segmented?
The cheese powder market covered in this report is segmented -

1) By Product Type: Cheddar, Parmesan, Mozzarella, Other Product Types
2) By Application: Bakery And Confectionery, Sweet And Savory Snacks, Sauces, Dressings, Dips And Condiments, Ready Meals, Other Applications
3) By Distribution Channel: Super markets/Hyper markets, Convenience Stores, Specialty Stores, Other Distribution Channels

Subsegments:
1) By Cheddar: Mild Cheddar Powder, Sharp Cheddar Powder
2) By Parmesan: Grated Parmesan Powder, Shredded Parmesan Powder
3) By Mozzarella: Low-Moisture Mozzarella Powder, Whole-Milk Mozzarella Powder
4) By Other Product Types: Blue Cheese Powder, Swiss Cheese Powder, Gouda Cheese Powder

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Which Companies Are Leading the Charge in Cheese Powder Market Innovation?
Major companies operating in the cheese powder market include Kerry Group plc, DairiConcepts L.P., Land O' Lakes Inc., Kanegrade Ltd., Kraft Heinz Company, Lactosan A/S, Archer Daniels Midland Company, Commercial Creamery Company, Arka*y Food Products Ltd., All American Foods Inc., Bluegrass Dairy & Food Inc., California Dairies Inc., C.P. Ingredients Ltd., Dairy Farmers of America Inc., Dairygold Co-Operative Society Limited, Glanbia plc, Grande Custom Ingredients Group, Hoogwegt Group, Idaho Milk Products Inc., Ingredia Inc., International Dehydrated Foods Inc., Lactalis Ingredients SA, Leprino Foods Company, MCT Dairies Inc., Milk Specialties Global Co., Proliant Dairy Ingredients Inc., Saputo Inc., Sodiaal Group, Vika BV, Westland Co-Operative Dairy Company Ltd., WILD Flavors Inc., Winona Foods Inc., Wisconsin Cheese Group LLC

Which Regions Are Leading the Global Cheese Powder Market in Revenue?
North America was the largest region in the cheese powder market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cheese powder market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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