Cheese Powder Market Analysis, Applications Share, Trends & Forecast by 2024: Global Market Insights Inc. Global Cheese Powder Market share to grow at 4% growth over the forecast timeframe. It is a good source of calcium, phosphorus, and protein and is beneficial in preventing tooth decay. Rapid urbanization along with rise in fast food sector will bolster industry growth. Cheese market size may witness significant gains owing to strong application scope in convenience food and dairy products demand. It is mainly produced from cheddar and is commonly used for flavor enhancement in food & beverage industry. Cheese is mainly used to create powders and dry blends including blue, cheddar, parmesan, Swiss and Romano. Cheddar cheese dominated the market share and accounted for over 50% of the total demand in 2015. UK’s consumption was 119 kilo tons in 2016. Most of the companies are initiating strategies to enhance regional business and cheese powder production units. Cheese is mainly used to create powders and dry blends including blue, cheddar, parmesan, Swiss and Romano. Cheddar cheese dominated the market share and accounted for over 50% of the total demand in 2015. UK’s consumption was 119 kilo tons in 2016. Most of the companies are initiating strategies to enhance regional business and cheese powder production units.
Dairy Farmers of America (DFA) and Arla have entered into a joint venture which includes small dairy plant construction in the U.S. for cheddar cheese production. In this joint venture, the companies are planning to enhance product portfolio and expand regional presence. Asia Pacific, driven by India, South Korea, Japan and China cheese powder market size, may witness steady growth over the forecast timeframe. Rise in disposable income along with increase in dairy & dairy products consumption should favor regional growth. Change in dietary preference mainly in Japan and China with increasing establishments of food outlets may stimulate product demand North America, led by the Canada and the U.S. cheese powder market size may register gains owing to rise in dairy and dairy products consumption has led to the adoption of advanced technology, thereby increasing product demand across the globe. The U.S. is the largest market for Europe cheese exports and is gaining market share mainly from Saudi Arabia, South Korea, and Japan.
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