Cheese Powder Market Synopsis

Cheese Powder Market Size Was Valued at USD 687.26 Million in 2023 and is Projected to Reach USD 1,376.13 Million by 2032, Growing at a CAGR of 8.02% From 2024-2032.

Cheese Powders are the dehydrated form of natural cheese with some functional ingredients. They are dried to increase the versatility of use in food manufacturing. Cheese powders are used in the food industry as natural functional and flavour ingredients in applications such as biscuits, savoury snacks, bakery products, sauces, dressings, ready meals, and processed food products.

• Cheese powder is also widely used in the snack food industry for snacks like popcorn, crackers, and chips to give them a cheesy flavor. In many soups, especially cream-based varieties, cheese powder is used to thicken and enhance the flavor of the soup. It can be added to baby food products for flavor and nutritional value. It can be used as a topping or mixed directly into the dough of bread, muffins, biscuits, and other baked goods to add a cheesy flavor.
• Cheese powder can be mixed with breadcrumbs or other coatings to create a cheesy crust for meat and poultry. This adds a flavorful and crispy texture to dishes. It is a shelf-stable product and can be stored for a longer period. Cheese powder can be included in dog and cat treats to enhance their flavor and appeal to pets. It is generally a gluten-free ingredient having a good source of protein, calcium, and other essential nutrients.

Cheese Powder Market Trend Analysis

Growing Demand For Flavourful And Convenient Food

• cheese powder is obtained after the removal of water and moisture from cheese, which makes it more versatile and easier to handle than natural cheese. Cheese powder is widely used in snacks such as popcorn, crisps, and other convenience foods for its easy storage, long shelf life, and versatility. It is a time-saving option for food manufacturers which eliminates the need for cheese grating or melting, while still delivering the same desired cheese flavor. cheese powder is often less expensive than natural cheese and can maintain its quality over time.
• The advancements in food science have led to the development of healthier options, such as low-fat or reduced-sodium cheese powders for health-conscious consumers seeking moderation in their diets. Also, it is easier to transport and store compared to fresh cheese which requires a cold storage chain. Mainly, the popularity of cheese-based dishes and snacks in various cultures influences the demand for cheese powder. 

Opportunity

Production Of Plant-based Cheese Powder

• Plant-based cheese powders are generally perceived as healthier options compared to their dairy-based counterparts due to low saturated fat, cholesterol, and calories. As people become more health-conscious and seek to make healthier dietary choices also there is an increasing trend of vegan products. The individuals with lactose intolerance or dairy allergies can also enjoy plant-based cheese powders as dairy substitutes. These offer a wide range of flavors, textures, and applications by using ingredients like soy, nuts, and nutritional yeast.
• It is often cheaper than traditional dairy products, making the production of plant-based cheese powder more cost-effective, resulting in higher profit margins for manufacturers. It may offer other nutritional benefits such as higher fiber content, vitamins, and minerals derived from plant sources. The shift in consumer preferences towards more sustainable and plant-based options provides a strong market opportunity for the production of plant-based cheese powders.

Cheese Powder Market Segment Analysis:

Cheese Powder Market Segmented on the basis of the product type, milk source, application, and Distribution Channel.

By Product Type, Cheddar Cheese Powder Segment Is Expected to Dominate the Market During the Forecast Period

By product type, there are  six segments in the market, cheddar, parmesan, mozzarella, swiss, asiago, and blue cheese. Among these cheddar cheese segment is expected to dominate during the forecast period.

• Cheddar cheese has a long consumer preference, particularly in Western countries. Its creamy, slightly sharp, and savory flavor properties appeals to a wide range of taste preferences, making it a popular choice for many consumers. It can be used in snacks, sauces, dips, seasonings, baked goods, and more. It can be used in a wide range of food products such as snacks, sauces, dips, seasonings, baked goods, and more. It has a firm and smooth texture that becomes crumbly and granular as it ages.
• It is a widely distributed cheese variety which leads to wide spread availability of this cheese powder. This can pair well with many other flavors, such as jalapeno, bacon, garlic, and herbs. This offers opportunities for the development of flavored cheese powders to attract a wider consumer base.

By Application, Ready-to-eat Meal Segment Held the Largest Share In 2023

By application, there are segments in the market, snack foods, salad & dressing, baked goods, ready-to-eat meals, and pet food. Among these, the ready-to-eat meals segment held the largest share in 2022.

• Ready-to-eat meals have gained significant popularity due to their convenience and time-saving nature. The reason behind this is consumers are increasingly looking for quick and easy meal solutions that require minimal preparation. Cheese powder adds a savory and cheesy taste to meals, making them more enjoyable. Its versatility allows for a wide range of flavor options and culinary possibilities, fulfilling different consumer preferences and dietary needs. It has a longer shelf life compared to fresh cheese which reduces the risk of spoilage and food waste.
• It is added to pet food to add flavor and nutritional value to the food. Cheese powder is widely used to prepare large quantities of meals efficiently, making it a staple ingredient in food service operations. Also, cheese powder undergoes rigorous testing and quality control measures to guarantee its safety, freshness, and consistency in meals.

Cheese Powder Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• 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. North America a well-established and diverse food industry, Cheese powder is widely used as a convenient and cost-effective ingredient in these food items. Also, busy lifestyles and changing consumer preferences have led to an increased demand for convenient, ready-to-eat food products.
• North America has a high consumption of processed cheese in which cheese powder is a key ingredient. 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. In this region the market benefits from ongoing innovation and product development efforts by food manufacturers. It is also home to several major players in the market, including leading food manufacturers, ingredient suppliers, and distributors.

Top Cheese Powder Market Key Players

• 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 the Cheese Powder Market:

• In 2023, the Kraft Heinz Not Company announced boxed plant-based products come in Original and White Cheddar flavors 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.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. CHEESE POWDER MARKET BY TYPE (2017-2032)
   1. CHEESE POWDER MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. CHEDDAR CHEESE POWDER
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. PARMESAN CHEESE POWDER
   5. MOZZARELLA CHEESE POWDER
   6. BLUE CHEESE POWDER
   7. SWISS CHEESE POWDER
7. CHEESE POWDER MARKET BY APPLICATION (2017-2032)
   1. CHEESE POWDER MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. FOOD & BEVERAGE
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. SNACKS & SAVORY PRODUCTS
   5. BAKERY & CONFECTIONERY
   6. SAUCES DIPS & DRESSINGS
   7. SWEET & SAVORY SNACKS
   8. READY-TO-EAT MEALS
8. CHEESE POWDER MARKET BY DISTRIBUTION CHANNEL (2017-2032)
   1. CHEESE POWDER MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. DIRECT SALES
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. RETAIL SALES
   5. SUPERMARKETS/HYPERMARKETS
   6. CONVENIENCE STORES
   7. SPECIALTY STORES
   8. ONLINE RETAIL
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. Cheese Powder Market Share By Manufacturer (2023)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. LAND O'LAKES, INC. (US)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. ALL AMERICAN FOODS, INC. (US)
   4. DAIRICONCEPTS, LP (US)
   5. COMMERCIAL CREAMERY COMPANY (US)
   6. KRAFT HEINZ COMPANY (US)
   7. ARCHER DANIELS MIDLAND COMPANY (ADM) (US)
   8. LANDMARK INGREDIENTS, LLC (US)
   9. GRANDE CUSTOM INGREDIENTS GROUP (US)
   10. KRAFT FOODS GROUP, INC. (US)
   11. BLUEGRASS DAIRY & FOOD, INC. (US)
   12. COMMERCIAL CREAMERY COMPANY (US)
   13. DAIRY FARMERS OF AMERICA, INC. (US)
   14. DAIRICONCEPTS LP (US)
   15. KANEGRADE LTD. (UK)
   16. UELZENA GROUP (GERMANY)
   17. GLANBIA PLC (IRELAND)
   18. KERRY GROUP PLC (IRELAND)
   19. AAK AB (SWEDEN)
   20. GROUPE LACTALIS (FRANCE)
   21. DSM FOOD SPECIALTIES B.V. (NETHERLANDS)
   22. LACTOSAN A/S (DENMARK)
   23. AARKAY FOOD PRODUCTS LTD. (INDIA)
10. GLOBAL CHEESE POWDER MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Type
       4. Historic And Forecasted Market Size By Application
       5. Historic And Forecasted Market Size By Distribution Channel
       6. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies