ID: MRFR/F-B & N/2697-HCR | 110 Pages | Author: Varsha More | May 2023
The Organic Cheese Powder Market is expected to grow at a 6.95% CAGR and reach USD 237.02 Million by 2030.
Market Synopsis of Organic Cheese Powder:
Organic cheese powder market is expected to grow at a 6.95% CAGR and reach USD 237.02 Million by 2030.
Organic Cheese Powder is referred to as cheese powder which is manufactured without using any chemical additives or preservatives. Organic cheese powder is available in finely grated or finely powdered form and has a wide application in the food and beverage industries. Organic food products are gaining popularity based on their natural and chemical-free form. Changing consumers’ lifestyles and food consumption perceptions are major drivers for the increased sale of the Organic Cheese Powder Market.
Cheese powder has a wide application in bakery goods, desserts, confectionery snacks, and others. This is majorly due to escalating health consciousness among the consumers’ the demand for organic cheese powder as cheese powder substitute is experiencing a surge
The global organic cheese powder market is increasing due to the food and beverages industry. With the growing consumer interest in a healthy lifestyle, the demand for organic cheese powder has increased recently. In addition, the growing demand for natural and dietary food, beverages, confectionery, and others is expected to drive the organic cheese powder industry. The global organic cheese powder market is projected to be propelled by increasing awareness regarding organic food additives. Increased awareness about the organic cheese powder has raised the bar for quality, which, in turn, increases the market share of organic cheese powder globally. Mass market penetration is leading to the introduction of new products based on organic cheese powder and their retail across various regions. The market players are responding to these new opportunities by expanding their service offerings/product lines, which has fueled up the share of organic cheese powder in the global market. High nutritional benefits obtained from organic cheese powder are also supporting its sale on a global level.
The global organic cheese powder market is segmented on the basis of type, such as cheddar, parmesan, mozzarella, American, blue and others. Among these, mozzarella dominates the market followed by cheddar due to high application across the food industry and also based on high regional demand for the product.
The global organic cheese powder market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Among these, the North American region accounts for major market share followed by Europe and Asia Pacific. Growing demand for organic cheese powder in Asia Pacific will drive the growth of the market in this region in the forecasting period. Changing consumer preferences for natural, dietary, and healthy products will support the sale of organic cheese powder in various regions over the forecast period. North America dominates this market and is likely to witness a downward trend for organic cheese powder market based on consumers’ awareness. However, Asia Pacific region is estimated to witness a maximum growth in the global organic cheese powder market over the forecast period 2020-2030.
Some of the key players in the organic cheese powder market: Land O'Lakes, Inc. (U.S.), Lactosan A/S (Denmark), Arla Foods (Denmark), Frontier Co-op (U.S.), DairiConcepts, L.P. (U.S.), Aarkay Food Products Ltd, (India), Archer Daniels Midland Company (U.S.)
The organic cheese powder market is segmented under the following regions mentioned below:
Rest of the world
Key Questions Answered
Why Choose Market Research Future?