The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising consumption of convenience foods are expected to drive innovation in cheese powder manufacturing, thus driving the market during the forecast period.

The global cheese powder market is expected to grow from $1.35 billion in 2022 to $1.48 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The cheese powder market size is expected to grow to $2.06 billion in 2027 at a CAGR of 8.7%.

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Global Cheese Powder Market Segments Include:

• By Product Type: Cheddar, Parmesan, Mozzarella, Other Product Types
• By Application: Bakery And Confectionery, Sweet And Savory Snacks, Sauces, Dressings, Dips And Condiments, Ready Meals, Other Applications
• By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Other Distribution Channels
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global cheese powder market in 2021.

Major Market Players in the cheese powder market include Kerry Group plc, DairiConcepts L.P., Land O’ Lakes Inc., Kanegrade Ltd., The Kraft Heinz Company, All American Foods Inc., Lactosan A/S, Aarkay Food Products Ltd.

Product innovation is the key trend gaining popularity in the cheese powder market. Major companies operating in the cheese powder market are coming up with new and innovative products to sustain their position in the market. For instance, in April 2021, Aarkay Food Products Ltd., an India-based manufacturer of natural food ingredients and additives launched a new line of cheese powders under the high purity cheese powder category, aimed at dips, mayo, and condiment sauces. These powders are made uniquely from the, no- enzyme modification process to avoid unnecessary constraints arising from enzymes. The nutrition profile of this product is superior compared to all other grades of cheese powders and is made with low or no carriers with emulsifying salts to give customers their targeted fat and protein percentages without any additional sources.

The Cheese Powder Global Market Report 2023  provides a cheese powder market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The cheese powder market forecast analyzes cheese powder market size, cheese powder market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The cheese powder are used as a flavor enhancer and filler in a variety of products, including soups, sauces, dressings, and ready-to-eat meals. Cheese powder refers to the dehydrated form of natural cheese made from cheese, water, and melting salt, which is melted, pasteurized, and spray-dried.

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