Cheese Concentrate Market: Consumption of Powdered Cheese Concentrates to Remain

Posted by Arslan on February 8th, 2019

 Fact.MR foresees a promising growth for the cheese concentrate market, estimating the market to expand robustly at a volume CAGR of 7.9% during the period, 2017-2026. Food industry players are actively adopting cheese concentrates in low fat applications, enabling them to replace raw and processed cheese cost-effectively. The study estimates that by the end of 2026, the global market for cheese concentrates will touch a valuation of US$ 2.2 billion. The demand for cheese concentrates is pegged to remain predominantly high in Europe and North America.

Healthy nutritional content of mozzarella cheese, particularly with respect to high presence of water soluble vitamins, will factor the soaring consumption of mozzarella cheese concentrates in the near future. Likewise, calcium- and protein-rich cheddar cheese continues to influence the consumers towards adopting products made of cheddar cheese concentrates.

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Processed Cheese Applications to Render High Profitability; Consumption of Powdered Cheese Concentrates to Remain Predominantly High

In the future, manufacturers will be focusing on developing cheese concentrates that befit their effective use in the processing of cheese products. Through 2026, processed cheese applications of cheese concentrates will not only account for the largest share on global market volumes, but also reflect highest CAGR of 9.8% in terms of volume. Soaring consumption of cheese concentrates in processed cheese applications will be factored high product prices, pre-specified nutritional content and low presence of fats.

The study observes a high consumption of cheddar cheese concentrates in the world. By the end of 2026, more than 35% of cheese concentrates produced in the world will be made of cheddar cheese. The concentrated derivatives of mozzarella cheese are also expected to represent top-selling products in the global cheese concentrate market throughout the forecast period. Collectively, more than 50% of the global cheese concentrates market volumes will be accounted by consumption of cheddar cheese concentrates and mozzarella cheese concentrates.

Competition Tracking

Majority of cheese concentrate manufacturers will be based in North America and Europe, particularly due to higher consumption of dairy concentrates in the UK, the US, Germany and other countries. The Kraft Heinz Company, Land O’Lakes, Inc., Dairy Farmers of America, Inc., Archer-Daniels-Midland Company, All American Foods, Inc., Bluegrass Dairy & Food, Inc., First Choice Ingredients, Edlong Dairy Technologies, Commercial Creamery Company, Clofine Dairy & Food Products, Inc., Kerry Plc, Butter Buds Inc., and Ingredion Inc. will be prominently recognized as key players in the global cheese concentrate market through 2026.