GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS FOR THE CHEESE POWDER MARKET (2020 – 2026)

Cheese powder is dried cheese that comes in a variety of flavors, including cheddar, parmesan, mozzarella, and others. The most typical commercial method for making cheese powder is to melt fresh cheese and then spray it through a hot dryer to make a thick powder. Cheese powder is used in sauces, dips and dressings, snacks, and ready-to-eat meals to provide a unique blend of taste, flavor, utility, and convenience. In comparison to cheese, cheese powder is gaining appeal among customers due to its extended shelf life and simplicity of handling and storing.

The global Cheese Powder Market is expected to develop due to factors such as the rapidly growing processed food industry and altering customer preferences toward convenience foods. However, manufacturers face a number of challenges, including rigorous and changing government rules governing the use of food components, which are limiting the worldwide cheese powder market's growth. For example, the Food and Drug Administration (FDA) has a regulation called 21CFR133.113 that applies to cheddar cheese and related goods. If pasteurized dairy ingredients are utilized, the phenol equivalent value of 0.25 grams of cheddar cheese should not exceed 3 micrograms, according to this standard. Rising diabetes, heart disease, and obesity rates are also limiting the worldwide cheese powder market's growth over the forecast period.

In 2016, the largest sector in the worldwide Cheese Powder Market was cheddar cheese product type, and this trend is likely to continue over the forecast period. The growing use of cheddar cheese powder in sauces, dips & dressings, pastries & snacks is propelling this section of the worldwide Cheese Powder Market forward.

The following are the major participants in the global cheese powder market:

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 are among the world's leading cheese powder manufacturers. Through mergers and acquisitions, these organizations are focusing on expanding their product offering and expanding geographically. ADM, for example, purchased Wild Flavors and Specialty Ingredients in 2016 to expand its product portfolio in the food ingredients sector.