Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.99 Billion | USD 9.81 Billion | 7% | 2024 |
FrequentlyAsked Questions
Cheese powder acts as an alternative for cheese in the solid form as it is easy to handle and can be stored for a long duration. The product can be sold in the reduced fat form through the usage of low fat as well as salt as the constituent of cheese. It contains whey, anti-caking additives, cheeses, and salt.
The global cheese powder market is expected to grow due to rising demand for convenience foods, growth in the snack industry, increasing use in ready-to-eat meals, and expanding fast-food chains.
According to a study, the global cheese powder market size was worth around USD 4.99 Billion in 2024 and is expected to reach USD 9.81 Billion by 2034.
The global cheese powder market is expected to grow at a CAGR of 7% during the forecast period.
North America is expected to dominate the cheese powder market over the forecast period.
Leading players in the global cheese powder market include 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, among others.
The report explores crucial aspects of the cheese powder market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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