Cheese Powder Market Impact Of Health Trends On Product Development
The global cheese powder market size was worth USD 4.04 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.48% from 2022 to 2030. Cheese powder is a more convenient and affordable option with a longer shelf life for flavoring products. The global industry is expanding as a result of rising snack and convenient food consumption coupled with rising disposable income. The COVID-19 pandemic compelled consumers to stock up on essential food products and snacking options with a longer shelf life such as soups, baking flours, snack bars , and others. The pandemic shifted consumer preference towards convenient eating which presented new private players an opportunity to enter the market to cater to higher demand. These factors positively impacted the global cheese powder market during the pandemic. However, the supply chain disruption caused due to lockdowns in several countries affected the overall production of cheese powd...