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Cheese Powder: Global Strategic Business Report

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    Report

  • 323 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4806499
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Global Cheese Powder Market to Reach $1.9 Billion by 2030

The global market for Cheese Powder estimated at US$780.4 Million in the year 2022, is projected to reach a revised size of US$1.9 Billion by 2030, growing at a CAGR of 11.8% over the analysis period 2022-2030. Parmesan, one of the segments analyzed in the report, is projected to record a 13.7% CAGR and reach US$577.4 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cheddar segment is readjusted to a revised 12.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $212.6 Million, While China is Forecast to Grow at 16.4% CAGR

The Cheese Powder market in the U.S. is estimated at US$212.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$442.3 Million by the year 2030 trailing a CAGR of 16.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.5% and 9.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$282.9 Million by the year 2030.

Select Competitors (Total 42 Featured) -

  • Aarkay Food Products Ltd.
  • All American Foods Inc.
  • Archer Daniels Midland Company
  • Bluegrass Dairy and Food Inc.
  • DairiConcepts LP
  • Kanegrade Ltd.
  • Kerry Group PLC
  • Lactosan A/S
  • Land O'Lakes, Inc.
  • The Kraft Heinz Company

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Cheese Powder - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Burgeoning Demand for Ready to Eat and Convenience Food in Rapidly Expanding Food and Beverage Industry Accelerates Market Growth
  • Increasing Demand for Ready to Eat Food Items Driven by Changing Lifestyles and Consumption Habits in the US Will Influence Market Prospects: US Ready to Eat Food Market (In US$ Billion) for the Years 2018, 2020 & 2023
  • As a Staple Food Item, Cheese Powder to Witness Continued Growth in Western Countries
  • Downward Pressures on Cheese Prices Increases Consumption in Food Ingredients and Food Service Sectors: US Cheese Production Volume (In Million Metric Tons) for the Years 2017, 2020 and 2023
  • World’s Largest Cheese Consumers Residing in Developed Countries Continue to Spur Demand in the Market: Top Cheese Consumers (In Kilograms per Person) Worldwide by Country (2017)
  • Growing Urban Population and Flourishing Fast Food Sector in Asia-Pacific Region Presents New Growth Opportunities
  • Rapid Urbanization and Changing Consumer Preferences Establishes Demand for Fast Food, Driving Growth Opportunities for Cheese Powder Market: Asia Pacific Fast Food Market (In US$ Billion) for the Years 2018, 2021 & 2024
  • India’s Large Dairy Market Promises Lucrative Growth Opportunities
  • India’s Position as a Major Producer of Cow Milk Offers Promising Growth Potential: Breakdown of Global Cow Milk Production (In Million Metric Tons) by Leading Producers and Country (2018)
  • Cheddar Cheese - A Major Revenue Spinner
  • Rapid Increase in Cheddar Cheese Production to Meet Surging Demand in Food and Beverage Industry Provides Major Revenue Opportunities: US Cheddar Cheese Production (In Thousand Pounds) for the Years 2016, 2018 and 2020
  • Millennials Push Demand for Ready to Consume Food Products, Driving Market Growth
  • As More Millennials Join the Global Workforce, the Demand for Ready to Consume Food Items Intensifies, Pushing Demand for Cheese Powder: Percentage (In %) Breakdown of Global Workforce by Generation for the Year 2020
  • High Sales of Snacks Coupled with the Rise of On the Go Snacking Trend Widens Demand
  • Expanding Consumption of Cheese Snacks in the US Favors Demand for Cheese Powder: Total Snacks Sales (In US$ Billion) in the US by Category (2018)
  • Reinvention of Cheese as a Healthy Snack Bodes Well for Market Expansion
  • Brief Details of Nutritional Facts of Common Types of Cheese
  • Expanding Application Scope Influences Market Prospects
  • Product Innovations Crucial to Future Market Growth
  • Potential Health Risks Associated with Higher Intake of Powdered Cheese Challenge Market Growth
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Cheese Powder by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Cheese Powder by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Cheese Powder by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Parmesan by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Parmesan by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Parmesan by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Cheddar by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Cheddar by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Cheddar by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Mozzarella by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Mozzarella by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Mozzarella by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Sauces & Dips by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Sauces & Dips by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 18: World 16-Year Perspective for Sauces & Dips by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Sweet & Savory Snacks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Sweet & Savory Snacks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 21: World 16-Year Perspective for Sweet & Savory Snacks by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Bakery & Confectionery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Bakery & Confectionery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 24: World 16-Year Perspective for Bakery & Confectionery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 26: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 27: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 28: World Cheese Powder Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Cheese Powder Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Cheese Powder Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Cheese Powder Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Cheese Powder Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Cheese Powder Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Cheese Powder Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Cheese Powder Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Cheese Powder Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
AUSTRALIA
  • Cheese Powder Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Cheese Powder Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Cheese Powder Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Cheese Powder Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Cheese Powder Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Aarkay Food Products Ltd.
  • All American Foods Inc.
  • Archer Daniels Midland Company
  • Bluegrass Dairy and Food Inc.
  • DairiConcepts LP
  • Kanegrade Ltd.
  • Kerry Group PLC
  • Lactosan A/S
  • Land O'Lakes, Inc.
  • The Kraft Heinz Company

Table Information

Report AttributeDetails
No. of Pages323
PublishedApril 2024
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 780.4 Million
Forecasted Market Value ( USD ) by 2030 $ 1900 Million
Compound Annual Growth Rate11.8%
Regions CoveredGlobal

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