Asia Pacific Cheese Powder Market Research Report – Segmented By Type (Cheddar, Mozzarella, Parmesan, American, And Blue), Application (Bakery & Confectionery, Sweet & Savoury Snacks, Sauces, Dressings, Dips & Condiments, And Ready Meals), And Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore And Rest Of Asia-Pacific) – Analysis On Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 To 2029)

Updated On: June, 2024
ID: 2430
Pages: 129

Asia Pacific Cheese Powder Market Size (2024 To 2029)

The size of the Asia-Pacific cheese powder market is predicted to be worth USD 160.40 million by 2029 from USD 105.51 million in 2024, growing at a CAGR of  8.74% from 2024 to 2029.

 Cheese powder which is used in cheese recipes is ordinarily for flavour value. Sometimes a cheese, especially one eaten fresh, will taste either bland or pungent, particularly in the case of a goat milk cheese, and the addition of cheese powder can really change the flavour. A high-quality cheese powder usually comprises of cheese, whey, salt and perhaps an anti-caking additive. The ingredient list should be checked before purchasing cheese powder to avoid chemicals and additives.

Cheese powder is basically dehydrated cheese. Although cheese powder can be made in a number of ways, but the most common viable technique is to melt fresh, whole cheese and spray it through a hot dryer, producing a thick, velvety powder that can then be added to breads and sauces, popcorns and, to our surprise can also be added to homemade cheese recipes.

The market is driven by the large scale production of raw materials in the Asian countries which has led to a large scale production of cheese powder at a competitive cost. Japan is anticipated to hold the largest market share in the region. In the recent times, India, China, Australia and South Korea are witnessing high demand of cheese powder, mainly due to their use in Bakeries and confectioneries, rising number of fast food chains, and lifestyle changes. This is fueling the growth of the cheese powder market in this region. The major factor hindering the growth of the cheese powder market is the high risk of increasing cholesterol levels in consumers and increasing health concerns related to obesity and heart problems. These issues restrains the growth of the market.

This research report on the Asia-Pacific cheese powder market has been segmented and sub-segmented based on the following categories.

Asia Pacific Cheese Powder Market By Type

  • Cheddar
  • Mozzarella
  • Parmesan
  • American
  • Blue

Cheddar cheese powder accounted for the highest revenue of the overall industry and Parmesan cheese powder is projected to witness huge growth rate during the forecast period.

Asia Pacific Cheese Powder Market By Application

  • Bakery & Confectionery
  • Sweet & Savoury Snacks
  • Sauces
  • Dressings
  • Dips & Condiments
  • Ready Meals

Cheddar cheese powder accounted for the highest revenue of the overall industry and Parmesan cheese powder is projected to witness huge growth rate during the forecast period.

Asia Pacific Cheese Powder Market By Region

  • India
  • Japan
  • China
  • Australia
  • Singapore
  • Malaysia
  • South Korea
  • New Zealand
  • Southeast Asia

The cheese powder market was dominated by Japan, with the overall market share of over 25%. Japan was followed by India and China. India is predicted to grow at a rapid pace in the coming few years.

KEY MARKET PLAYERS

Major Key Players in the APAC cheese powder market are Land O’Lakes, Inc, Kanegrade Limited, Archer Daniels Midland Company, Kraft Foods Group, Inc, Lactosan A/S, Kerry Group Plc, and DairiConcepts

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