(Entertainment-NewsWire.com, October 26, 2018 ) Cheese powder is a rich powder made from cheese culture, salt and other ingredients. It looks like the typical cheese in flavor but contains lower moisture. Cheese powder is usually used as a convenient dairy flavoring in the preparation of biscuits, snacks, soups and sauces.
Cheese powder is an important food ingredient in daily life. Main products from producers are cheddar cheese powder, american cheese powder, gouda cheese powder and mozzarella cheese powder, etc. Currently, cheddar cheese powderis the largest type of the cheese powder market with a share of about 36.73% in 2016.
Raw material of cheese powder is milk. Also, manufacture process is mature, so there are many suppliers all over the world. Global major players are Lactosan, Kerry, WILD Flavors, Lácteos La Cristina, NZMP, Kraft Heinz Ingredients, DairiConcepts, Primo Cheese, Glanbia Foods and Indesso, etc. Global top ten players’ total sales share is 58.97% in 2016. Market concentration in this industry is not high.
During 2012-2016, Global cheese powder average price varied about 9218 $/MT in 2012 to 9612 $/MT in 2016, which is influenced by raw milk price. Global consumption also varied from 80355 MT in 2012 to 93071 MT in 2016, with an average increase rate of 5.19.
Global major consumption regions are distributed in North America and Europe, which have traditional cheese eating habits. In 2016, Europe consumed 34222 MT, with a consumption share of 34.78%. Followed by Europe, North America consumption accounts for 32.14% of global total consumption.
Despite the presence of competition problems, some investors are still optimistic about this area; the future will still have more new investments to enter the field.
Although to sale cheese powder brings some opportunity, the study group recommends the new entrants do not to enter into the cheese powder field if you just have money without technical advantage and downstream support.
In 2017, the global Cheese Powder market size was 1030 million US$ and is forecast to 1610 million US in 2025, growing at a CAGR of 5.8% from 2018. The objectives of this study are to define, segment, and project the size of the Cheese Powder market based on company, product type, application and key regions.
The various contributors involved in the value chain of Cheese Powder include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Cheese Powder include Lactosan, Kerry, WILD Flavors, Lácteos La Cristina, NZMP, Kraft Heinz Ingredients, DairiConcepts, Primo Cheese, Glanbia Foods, Indesso, Commercial Creamery Company, All American Foods, Vika BV, LAND O’LAKES, Ballantyne, Groupe Lactalis, Kanegrade Limited, Blue Grass Dairy, Grozette, Dairy Farmers of America, IBT InterBioTech, Rogue Creamery, Schwarzwaldmilch Dairy Ingredients, Food Source International, Hoosier Hill Farm, Aarkay, Chilchota.
