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 powder which is predicted to reach pre-covid levels rapidly as restrictions and lockdowns ease.

Gather more insights about the market drivers, restrains and growth of the Cheese Powder Market

Cheese powder gives a flavor similar to fresh cheese. This powder is used in a wide range of food products such as sauces, soups, pizzas, seafood, salads, meat, and canned food, as well as seasoned salt and spices. Cheese powder has numerous health benefits, which include blood pressure regulation, improved bone health, muscle and nerve function, and immunity among others. These factors are expected to propel product demand in the coming years.

Another factor expected to boost market growth is consumer awareness of the nutritional value of the product, such as high vitamin and protein content and low calories. Furthermore, manufacturers focus on improving product quality and flavor by offering personalized flavors in the cheddar cheese powder segment, such as sweet, buttery, or savory flours. Additionally, companies also provide durable and attractive packaging, in an attempt to expand the scope and growth of their business.

The presence of a large number of lactose-intolerant people may impede the growth of the global market for cheese powder. Furthermore, the growing vegan population as a result of shifting individual concerns regarding environmental factors and animal welfare is also expected to hamper the market growth. However, the development of organic cheese powder with regional preferences has the potential to substantially boost sales for the local market.

Cheese powders are marketed as low-sodium or low-fat products, with cheese being the main low-salt and low-fat ingredient. However, as consumers are becoming more aware of the adverse effects of consuming cheese such as high cholesterol, heart issues, and obesity, it may restrain the growth of the industry during the forecast period. Finally, the market for cheese foam powder is regarded as a luxurious food ingredient and the factors contributing to increased product demand include urban lifestyles, rising disposable income, and, to some extent, trending street food products.

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• The global plant-based meat market size was valued at USD 7.17 billion in 2023 and is expected to grow at a CAGR of 19.4% from 2024 to 2030. As more individuals become aware of the health risks associated with excessive consumption of red and processed meats, they are actively seeking healthier alternatives.

• The global umami flavors market size was valued at USD 1.48 billion in 2023 and is expected to grow at a CAGR of 6.8% from 2024 to 2030. The demand for umami flavors is on the rise, driven by a combination of health and wellness trends.

Cheese Powder Market Segmentation

Grand View Research has segmented the global cheese powder market based on product, application, and region:

Cheese Powder Product Outlook (Revenue, USD Million, 2017 - 2030)
• Cheddar
• Parmesan
• Blue Cheese
• Romano
• Swiss
• Others

Cheese Powder Application Outlook (Revenue, USD Million, 2017 - 2030)
• Snacks
• Bakery & Confectionery
• Dips/Dressings/Dry Mix/Sauces
• Flavors
• Ready to Eat
• Others

Cheese Powder Regional Outlook (Revenue, USD Million, 2017 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
• Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o South Korea
• Central & South America
o Brazil
o Argentina
• Middle East & Africa
o UAE
o South Africa

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Key Companies profiled:
• Land O'Lakes, Inc.
• Kerry Group PLC
• Kraft Heinz Company
• Lactosan A/S
• Archer Daniels Midland
• Commercial Creamery Company
• Kanegrade Limited
• Aarkay Food Products Ltd.
• All American Foods
• Dairiconcepts, L.P