Cheese Powder Market

Cheese Powder Market – Global Industry Insights,
Trends, Outlook, and Opportunity Analysis
Cheese powder is dehydrated cheese, which is manufactured and marketed in
different types such as cheddar, parmesan, mozzarella, and others. The most
common commercial procedure to prepare cheese powder includes melting of fresh
cheese, followed by spraying it through a hot dryer to get thick powder. Cheese
powder offers a unique combination of taste, flavor, functionality, and convenience in
products such as sauces, dips and dressings, snacks, and ready-to-eat meals.
Cheese powder is gaining popularity among consumers due to its longer shelf life
and ease of handling and storage as compared to cheese.
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Key factors such as rapidly growing processed food industries and shifting consumer
preference towards convenience food play major role in growth of global cheese
powder market. However, strict and changing government regulations imposed on
use of food ingredients is a key challenge for manufacturers, which is restraining
growth of the global cheese powder market. For instance, 21CFR133.113 by Food
and Drug Administration (FDA) on cheddar cheese and related products. Under this
regulation, if pasteurized dairy ingredients are used then the phenol equivalent value
of 0.25 gram of cheddar cheese should not more than 3 micrograms. Rising
prevalence of diabetes, heart diseases and obesity are also factors restraining
growth of global cheese powder market over the forecast period.
Sauces, dips and dressings segment accounted for highest market share in global
cheese powder market, followed by bakery & snacks segment in 2016. Increasing
demand for cheese powder in sauces, dips & dressing in order to get required flavor
& appearance of the food is projected to retain dominance of this segment in the
market during the forecast period.
Cheese Powder Market Outlook:
North America region accounted for largest market share in global cheese powder
market in 2016. Owing to high presence of cheese powder manufacturers in the
region along with the preference for eating convenience food, North America is
projected to retain its dominance over the forecast period. According to the Canadian
Dairy Information Center, per capita consumption of cheese in Canada was valued
at 12.7 kg in 2015, which further increased to 13.4 kg in 2016.
Europe is projected to witness significant growth in global cheese powder market
over the forecast period. Key players are strategically launching new cheese powder
products to enter the cheese powder market in Europe. For instance, in June 2017,
Lactosan-Sanovo Ingredients Group launched a new Edam cheese powder, which is
produced from cheese with microbial rennet.
Middle East imports most of the food products from other regions due to limited
arable land and water. Furthermore, regional government authorities in this region
has taken bold initiatives to lower rate of obesity. In 2016, the Israel Ministry of
Health launched a policy to promote healthy eating and set up a committee to define
the required labeling legislation. Healthy nutrition standards are forcing food
manufacturers and importers to affix red labels on foods that exceed maximum
levels of sodium, sugar or saturated fats. Such activities are projected to restrain
growth of cheese powder market in Middle East.
Key players in Global Cheese Powder Market:
Leading cheese powder manufacturing companies across the world include Archer
Daniels Midland Company, Kraft Foods Group, Inc., Kerry Group PLC, Aarkay Food
Products, Land O'Lakes Inc., Lactosan A/S, Commercial Creamery Company,
Kanegrade Limited, and All American Foods among others. These companies are
focusing on improving their product portfolio and geographical expansion through
merger and acquisitions. For instance, in 2016, ADM acquired Wild Flavors and
Specialty Ingredients to enhance ADM’s product portfolio in food ingredients market.
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Cheese Powder Market, report categorizes global market by Product Type , by Application . Report includes,Global Industry Insights, Trends, Outlook, and Opportunity Analysis 2018-2025