Soaring Demand from Food Applications to Encourage Grated, Powdered & Blended Cheese Market Growth

Pune, India, September 2019, MRFR Press Release/- Market Research Future has Published a Half-Cooked Research Report on the Global Grated, Powdered & Blended Cheese Market.

Market Overview

Cheese is a highly nutritious food product derived from milk and is available in assorted textures, aromas, and tastes. The raw materials used in the preparation of cheese like climatic factors, breed and the type of milk-producing animals determine its texture and taste. Cheese is rich in essential minerals, calcium, protein, and other nutrients and helps to prevent osteoporosis. The surging demand for variety in tastes and colors of cheese have resulted in the production of grated, powdered & blended cheese forms. Each of their unique characteristics has elevated its demand across the globe. The global grated, powdered & blended cheese market, as per a report by Market Research Future (MRFR) is touted to register a healthy CAGR till 2022.

Factors such as the soaring demand from several food applications and cheese-based snacks have boosted the demand from the grated, powdered & blended cheese market. Surging disposable income, longer shelf life, improved food color, and innovations made to enhance the taste and quality of cheese are likely to encourage the market growth across the globe. The booming fast food industry is one of the primary growth stimulants of the market. Manufacturers across the world are taking initiatives to offer novel flavors, enhanced quality, and attractive packaging, which will bode well for the market across the globe.

On the contrary, rising health awareness among the global population, unhealthy additives and ingredients present on processed cheese, and alarming obesity rates are some of the major concerns likely to restrict the market growth in the foreseeable future. Moreover, consuming cheese in higher quantities can result in cardiovascular diseases, cancer, high blood pressure, and type 2 diabetes. This is likely to vitiate the market growth in the future.

Global Grated, Powdered & Blended Cheese Market: Segmental Analysis

The grated, powdered & blended cheese market has been segmented on the basis of type, form, and application.

By type, the market is segmented into Italian, American, Blue, Swiss, Muenster, Brick, and others.

The form of cheese includes mixtures/blends, grated, powdered, and others. Of these, the cheese powder segment is predicted to surpass a valuation of USD 4,000 million. The surging consumption for fast food, especially in the APAC has increased the demand for cheese powder in dressings, sauces, condiments, and dips.

Based on applications, the market comprises creams, ready to eat foods, sauces & dips, confectionery, snacks, processed cheese, flavors, bakery products, and others. Of these, the sauces & dips segment is likely to garner the major share as they are highly consumed with pasta, pizza, vegetable, and casseroles.

Regional Frontiers

The grated, powdered & blended cheese market spans across Europe, North America, Asia Pacific, and Rest of the World (RoW).

Considering the global scenario, Europe will drive the market growth due to the reviving dairy industry, coupled with the EU milk quota termination in the region. Cheese is a key ingredient in the majority of the cuisines, and most of the people here are highly dependent on cheese for protein and calcium requirement. Such factors are estimated to propel the market growth in the coming years.

North America is likely to acquire a second position in the global market, mainly due to the increased use of cheese in large amounts in the fast-food sectors. The intense increase in the fast-food chain will further encourage the growth of the market globally.

The market in the Asia Pacific will register the fastest growth rate due to increased acceptance of western fast food trend. In this region, India is considered to remain the fastest expanding market due to the presence of leading producers of cheese. Moreover, the sharp boom in the dairy sector has encouraged the market growth in the region.

Access Report Details @ https://www.marketresearchfuture.com/reports/cheese-market-2213

Industry Updates

September 2019: The world’s first cheese conveyor belt has recently opened in London. The restaurant named Pick & Cheese; at the new Kerb street food market allows their diners to pluck Renegade Monk and Cornish Gouda from its milky carousel. The restaurant offers 25 variety of cheeses at one time along with a couple of hot dishes.

Competitive Dashboard

The top players operating in the grated, powdered & blended cheese market include Kerry Group PLC, Land O'lakes, Inc., Archer Daniels Midland Company, Lactosan A/S, Dairiconcepts, L.P., Aarkay Food Products Ltd, and Kanegrade Limited.