Cheese Powder Market value to hit $775 million by 2025: Global Market Insights, Inc.

Cheese Powder Market revenue is set to achieve over 7% CAGR from 2019 to 2025 as new product launches in the flavour industry will boost the product demand.

Selbyville, Delaware, Nov. 14, 2019 (GLOBE NEWSWIRE) --

Global Cheese Powder Market is projected to surpass USD 775 million by 2025, according to a new research report by Global Market Insights, Inc. Growing demand for exotic flavors new product innovation across the snack food industry will favor market growth.

Shifting trend towards away-from-home snacking food owing to hectic and busy style will proliferate cheese powder industry size. This processed food invariantly includes flavored snacks or cheese dressings and dips. Among snacks, consumer preference is also tilted towards powdered cheese-based snacks. This is due to its nutritional content and the ability to satiate hunger. This trend is reflected through the recent use of powdered cheeses in snack bars. Thus, availability of savory snack bars is allowing consumers to break away from the traditional consumption of sweet bars.  

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Among cheese types, exotic flavors will gain prominence in the market. Demand for cheeses such as parmesan and gouda will increase over the forecast period. The U.S.-China trade war plays out to be an important factor which determines segmental growth of cheese types. Due to instable trade conditions, the cheddar stock of the U.S. suppliers has piled up affecting its trade. Hence, powdered cheese manufacturers are expected to switch to other cheese types to avoid losses.

Some major findings of the cheese powder market statistics report include:

  • Incorporation of dairy flavors and dressings in the bakery and snack industry have created new avenues for cheese powder market expansion
  • Proliferation of fast food chains offering cheese-based food should foster overall industry size.
  • Convenience, easy storage and transportation of cheese powders has led to a higher market penetration
  • Rise in health consciousness has triggered a demand for natural ingredients which will support market growth
  • Key market players occupying major cheese powder industry share include Aarkay Food Products Ltd., Ace International LLP, WILD Flavors and Specialty Ingredients (ADM), Kanegrade Ltd. and Kerry Inc. among others
  • Organic cheese powders will register increased consumption owing to consumer pull towards healthy and chemical-free food products

Browse key industry insights spread across 250 pages with 571 market data tables and 9 figures & charts from the report, “Cheese Powder Market Share By Product (Cheddar, Blends, Mozzarella, Swiss, Blue, Asiago, Parmesan, Gouda, Feta, Romano and Others), By Application (Flavour Industry, Savoury Snacks, Dips/Dressings/Dry Mix/Sauces, Biscuits & Other Baked Products, Ready-to-Eat, Confectionery, Imitation and Processed Cheese, Cream and Pet and Baby Food), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Nordic Countries, Russia, China, India, Japan, South Korea, Australia, Malaysia, Indonesia, Brazil, Mexico, Argentina, Saudi Arabia, South Africa, Egypt and UAE), Growth Potential, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:

Parmesan, blue and swiss cheeses have an extremely granular texture and can impart a stronger cheese flavor in baking dough. The benefits of texture and flavor should support a stronger growth for these product segments in overall cheese powder market. Provenance of the cheeses holds a higher value from a consumer’s standpoint, which will enhance market penetration for parmesan. Parmesan cheese have a protected designation for its labelling which adds value to the product.

Manufacturers are increasingly focusing on developing customized cheese powders which specifically suit the end use application. Customization involves modulation of the moisture content, salt and mainly fat. The low-fat and high-fat variants in cheese powder will act as a major push-pull factor for the market growth. This will also enable suppliers to attract the health-conscious demo graph, thereby gaining a larger consumer base.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.



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