Global Cheese Powder Market - Forecasts to 2026

2022-03-25 08:02:51 UTC | Food & Beverages
Global Cheese Powder Market - Forecasts to 2026

According to a new market research report published by Global Market Estimates, the Global Cheese Powder Market is projected to grow from USD 1.4 billion in 2021 and is expected to reach USD 2.1 billion by 2026 at a CAGR of 7.2% from 2021 to 2026. One of the main drivers for the cheese powder market is the rising demand for convenience foods. The main industrial users of cheese powder include soups, snacks, frozen products, sauces, and ready-to-eat meal producers. Snacks are the dominant application for cheese powder due to their longer shelf life and easy handling. Its use in dry snacks has been generously adding to the growth of the market.

Browse 159 Market Data Tables and 119 Figures spread through 189 Pages and in-depth TOC on "Cheese Powder Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/cheese-powder-market-3742

Key Market Insights

·         The handling, storage, and transportation advantages of cheese powder over authentic cheese has been driving the market

·         The growing demand for authentic tasting luxury and premium products have increased the demand for cheese powders

·         The parmesan segment is expected to be the fastest-growing product based on product segmentation

·         The ready-to-eat foods and snacks segment is poised to grow at a high rate based on application segmentation

·         Aarkay Food Products Ltd. (India), Lactosan A/S (Denmark), Kerry Group (Ireland), Land O' Lakes, Inc. (US), ADM (US), Kraft Heinz Company (US), Commercial Creamery Company (US), All American Foods (US), DairiConcepts, L.P (US), Kanegrade Limited (UK), are some of the identified industry players.

Product Outlook (Revenue, USD Billion, 2021-2026)

·         Parmesan

·         Cheddar

·         Blue Cheese

·         Swiss

·         Romano

·         Others

Application Outlook (Revenue, USD Billion, 2021-2026)

·         Bakery & Confectionery

·         Snacks

·         Dips/Dressings/Dry Mix/Sauces

·         Ready to Eat

·         Flavors

·         Others

Regional Outlook (Revenue, USD Billion, 2021-2026)

North America                                                                                 

Europe

Asia Pacific

Central & South America

Middle East & Africa

 

Contact: Yash Jain

Email address: yash.jain@globalmarketestimates.com

Phone Number: +16026667238

 

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