Cheese Powder Market to Develop Rapidly by 2024

Posted by Shirish Wadaskar on January 26th, 2018

Cheese is a dairy product made from the milk, produced in a variety of shapes, textures, and flavors. Cheese is an important part of the human diet as a dietary staple and gourmet food. Cheese is highly nutritious and rich in minerals and vitamins. Cheese powder is made by dehydrating the hard cheese. Cheese powder is commonly used for the flavoring purpose in food and beverages. A high-quality cheese powder contains cheese, whey, salt and anti-caking additives. Since there is no standard identity for cheese powder, quality of cheese powders between suppliers varies and may change the components and the taste of the cheese powder. Cheese powder has become the best suitable substitute for the hard cheese.

The global cheese powder market has anticipated to register a significant CAGR over the forecast period. The cheese powder is very convenient in handling, storage and has shelf stability as compared to hard cheese, which drives the growth of the global cheese powder market. Powder cheese is majorly used as a flavoring agent in the various food recipes which also boost the demand for the cheese powder and drives the global cheese powder market. The suppliers add whey, milk fat, salt and even non-dairy ingredients for the cheese powder which either enhance or reduce the fats, minerals, and proteins as per consumer necessity, leads the demand for the cheese powder and drives the growth of the global cheese powder market.

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However, during the process of converting cheese to a cheese powder, some volatile flavor compounds such as diacetyl and dimethyl sulfide may be lost which are quite important to cheese flavor, may hamper the demand as well as the growth of the global cheese powder market. The price of the cheese powder is also high as compared to hard cheese, which may divert the purchasing criteria of the consumer and restrain the growth of the global cheese powder market.

Some of the key players of the global cheese powder are Lactosan A/S, All American Foods, Aarkay Food Products Ltd., Commercial Creamery Company, Land O'lakes, Inc., Archer Daniels Midland Company, Kanegrade Limited, Kerry Group PLC, Dairiconcepts, L.P. and Kraft Foods Group, Inc.

Overall, the global cheese powder market has expected to register a significant market growth over the forecast period.