the Global cheese powder market size was valued at $ 687.26 Million in 2023, and is projected to reach $ 1,376.13 Million by 2032, registering a CAGR of 8.02% from 2024 to 2032.
The cheese powder market in Global has witnessed substantial growth in recent years, due to factors such as growing demand for flavourful and convenient, ready-to-eat food. Cheese powder is obtained after the removal of water and moisture from the cheese. This makes it more versatile and easier to handle than natural cheese. It is widely used as a flavour ingredient in applications such as biscuits, savoury snacks, bakery products, sauces, dressings, ready meals, and processed food products.
The market expansion has been fuelled due to its versatility in culinary applications and compatibility with other food products as a flavourful ingredient. In many soups, cheese powder is used to thicken and enhance the flavour of the soup. Also, can be mixed with breadcrumbs or other coatings to create a cheesy crust for meat and poultry to add a cheesy flavour and texture. It is a shelf-stable product and can be stored for a longer period.
The increase in busy lifestyles is leading to a rise in consumption of ready-to-eat food options. One of the key drivers is the growing demand for flavourful and convenient food. Its versatility, easy handling, and longer shelf properties contribute to the demand in culinary applications. It is a time-saving option for food manufacturers which eliminates the need for cheese grating or melting. Also, it is easier to transport, and store compared to fresh cheese. Fresh cheese requires a cold storage facility to store as well as for transport.
There is a great consumer shift in consumer preferences for plant-based products and vegan trends. Plant-based cheese powders are generally perceived as healthier options compared to dairy-based products due to low saturated fat, cholesterol, and calories. These plant-based cheese powders offer a wide range of flavours, textures, and applications by using ingredients like soy, nuts, and nutritional yeast. It is often cheaper than traditional dairy products resulting in higher profit margins for manufacturers. This also offers other nutritional benefits such as higher fibre content, vitamins, and minerals derived from plant sources.
Global Cheese Powder Market, Segmentation
The Cheese Powder market is segmented based on Product Type, Milk Source, Application, Distribution Channel, and Region.
Product Type:
Cheddar cheese has a long consumer preference, particularly in Western countries due to its creamy, slightly sharp, and savoury flavour properties. It can be used in snacks, sauces, dips, seasonings, baked goods, and more. It is a widely distributed cheese variety that has a firm and smooth texture that becomes crumbly and granular as it ages. It can be paired well with many other flavours, such as jalapeno, bacon, garlic, and herbs and attract a wider consumer base. This offers opportunities for the development of flavoured cheese powders in the market.
Application:
Ready-to-eat meals have gained significant popularity due to their convenience and time-saving nature. Cheese powder adds a savoury and cheesy taste to meals, making them more enjoyable. Its versatility allows it to combine with a wide range of flavour options and culinary possibilities to fulfil different consumer preferences and dietary needs. It has a longer shelf life compared to fresh cheese helping to reduce the risk of spoilage and food waste. The cheese powder undergoes rigorous testing and quality control measures to guarantee and maintain its safety, freshness, and consistency in meals.
Country:
The regional analysis of the Global cheese powder market highlights the dominance of North America. The fast-food industry in North America is experiencing significant growth, resulting in high demand for cheese-based products which leads to the rise in demand in a well-established and diverse food industry. Cheese powder is widely used as a convenient and cost-effective ingredient in these food items. Also, the North American governments have implemented supportive initiatives and policies for the promotion of the growth of the food processing sector, including the cheese powder market. Along with this, North America is a home to several major players in the market, including leading food manufacturers, ingredient suppliers, and distributors.
Some of The Active Market Players Are-
- Kerry Group (Ireland)
- Lactosan A/S (Denmark)
- Land O'lakes, Inc. (United States)
- Kanegrade Ltd (United Kingdom)
- All American Foods, Inc. (United States)
- Aarkay Food Products Ltd (India)
- Glanbia Nutritionals (Ireland)
- Dairy Farmers Of America, Inc. (United States)
- C.P. Ingredients Ltd (United Kingdom)
- Commercial Creamery Company (United States)
- Sekar Laut Tbk (Indonesia)
- Commercial Creamery Company (United States)
- Archer Daniels Midland Company (United States)
- Dairiconcepts, Lp (United States)
- Kraft Heinz Ingredients (United States)
- Blue Grass Dairy and Food, Inc. (United States)
- Lactalis Ingredients (France)
- Deli Spices Group (South Africa)
- Wild Flavors And Specialty Ingredients (Germany)
- Sacco System S.R.L (Italy)
- Grande Cheese Company (United States)
- Hatsun Agro Product Ltd. (India)
- Creambell Dairy Limited. (India)
- Mother Dairy Fruit & Vegetable Pvt. Ltd. (India)
- Amul (India) And Other Active Players
Key Industry Developments
- In 2023, the Kraft Heinz Not Company announced boxed plant-based products come in Original and White Cheddar flavours which rolled out nationwide through early 2024. Instead of dairy, this “cheese” sauce is made with fava bean protein and coconut oil powder.
- In 2022, Kerry Group announced a new environment-conscious food product called upcycled cheese powder. This powder is made up of excess cheese gathered from manufacturing constraints or storage constraints.
Key Findings of the Study
- Global cheese powder market growth is driven by growing demand for flavourful and convenient food due to busy lifestyles and shifts in consumer preferences.
- Plant-based cheese powder offers a significant opportunity to attract a health-conscious, dairy allergic and vegan consumer base.
- Ready-to-eat meals provide convenience, and a time-saving nature along with the flavours and minimal cooking preparations.
- The fast-food industry in North America is experiencing significant growth, resulting in high demand for cheese-based products such as burgers, pizzas, and snacks.
