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.
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.
Cheese Powder Market Taxonomy:
On the basis of product type, cheese powder market is segmented into:
On the basis of application, cheese powder market is segmented into:
Cheddar cheese product type segment was the largest segment in global cheese powder market in 2016 and the trend is expected to be continued over the forecast period. Increasing use of cheddar cheese powder over others in sauces, dips & dressing, bakery & snacks is fueling growth of this segment in global cheese powder market.
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:
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.