Cheese powder is utilized in numerous packaged and instant foods including macaroni and cheese, rice dishes, snackfoods, soups and sauces. Cheese powder time and again proves to be a significant nutritional ingredient of the dish. It is at all times a very vital functional component of the meal. The cheese powder obliges as the principal thickening agent in macaroni and cheese dishes for instance. If the cheese powder is not articulated appropriately, the customers are likely be dissatisfied as the end result will be a soupy mac and cheese or a chunky mac and cheese. Cheese powders must also follow to materials when applied to foods such as chips.
The consumption of cheese per person in U.S. was 39 pounds in 2017, a minor increase from the previous year. Cheddar cheese and mozzarella cheese remain the most popular varieties of cheese (USDA). Largely cheese consumption endures to increase due to its flexibility and adaptability to recipes, more accessible variations. The consumer shift from at-home food preparation to purchases of partially or fully prepared foods has also benefited cheese sales.
The ever-increasing fast food culture has been playing a significant role in mounting the demand of cheese powder and likely to see its effects over the forecast period.
Moreover, factors such as quick growth of the global convenience food and fast food industry, increasing out of pocket expenditure, rapid urbanization, developed standard of living of the consumers are likely to surge the demand for ready to eat meals. Also, the longer shelf life of cheese powders has made it a preferred choice for packaged food producers. The increasing adoption of cheese among consumers has led to an increased demand for cheese powder. However, the rising awareness about the ill-health effects of cheese namely obesity, high cholesterol levels, and heart problems is expected to impede the growth of this market during the forecast period.
Moreover, unfavorable regulatory conditions, growing consumer preference for vegan diet and rising incidences of lactose intolerance are the factors that are likely to hinder the market growth.
In May 2020, Royal DSM, a global science-based company active in Nutrition, Health and Sustainable Living, today announces the launch of its new Delvo Cheese CP-500 cultures for boosting the yield and resource efficiency of mozzarella cheese production.
Similarly, Arla Foods, the Denmark-based dairy giant announced of launching organic cheddar in the United Kingdom using locally sourced milk under its Yeo Valley brand, which it acquired in 2018.
The study analyses Global Cheese Powder market based on type, application and geography.
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. Europe Cheese Powder market is likely to dominate the market over the forecast period mainly due to rising demand from the food and beverage industry. Similarly, among the major cheese producing countries, the United States was ranked second with 5.3 million metric tons manufactured in 2015, following only the European Union. Wisconsin was the leading cheese producing state in the U.S.
However, Asia Pacific is anticipated to be the fastest growing region lead by China, India, Japan, and South Korea and are likely to contribute significantly during the forecast period. Ease of trading across international borders in the region will positively impact the industry growth through the forecast timeframe. Rapid growth of the fast food industry and growing disposable income and urbanization are the major factors driving the market development in this region.
The major players involved in this market are Aarkay Food Products, All American Foods, Bluegrass Dairy & Food, Commercial Creamery Company, Dairiconcepts, Kanegrade Ltd., Kraft Foods Group, Lactosan A/S, Land O’Lakes Inc., WILD Flavors and among others.
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