PUNE, India, January 18, 2017 /PRNewswire/ --
The report "Cheese Powder Market by Type (Cheddar, Mozzarella, Parmesan, American, Blue), Application (Bakery & Confectionery, Sweet & Savory Snacks, Sauces, Dressings, Dips, and Condiments, Ready Meals), and Region - Global Forecast to 2022", published by MarketsandMarkets, the market is projected to grow at a CAGR of 6.82% from 2016 to 2022, to reach USD 604.1 Million by 2022.
Browse 91 market data Tables and 51 Figures spread through 152 Pages and in-depth TOC on "Cheese Powder Market"
Early buyers will receive 10% customization on this report.
The growth of the Cheese Powder Market is dependent on the growth of the processed food and convenience food industry. The demand for cheese powder as a key ingredient in various food products is rising globally. Factors such as increase in global convenience foods and growth in the fast food industry are expected to increase the demand for cheese powder.
The cheddar cheese segment is projected to dominate the market during the forecast period
The demand for cheddar cheese powder is mainly driven by its application as a flavorant in various convenience food products such as snacks, bakery products, confectioneries, ready meals, sauces, dressings, dips, and condiments. The demand for cheese powder is driven by increase in the fast food industry and the innovations in product offerings by cheese powder manufacturers.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=103908380
Increased consumption of cheese powder in ready meals, owing to busy lifestyles and changing dietary habits
The market for application of cheese powder is led by ready meals, in terms of growth rate. The demand for ready meals is projected to increase due to the busy lifestyles and changing dietary habits of the consumers associated with it. Furthermore, cheese powder has a longer shelf life which makes it a preferred option for the packaged food manufacturers.
Rise in convenience food demand and lower cost of cheese powder production in Asia-Pacific offers growth opportunities to the cheese powder manufacturers
Japan is estimated to constitute the largest country market in the Asia-Pacific region in 2016. Large-scale raw material production in the Asian countries has led to a large-scale production at a competitive cost of cheese powder in the country. In 2016, North America is estimated to be the largest market share globally, as it is the largest producing and exporting region of cheese powder.
The Cheese Powder Market report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Lactosan A/S (Denmark), Land O'Lakes, Inc. (U.S.), Kerry Group Plc (Ireland), and Kraft Foods Group, Inc. (U.S.).
In terms of insights, this research report focuses on various levels of analyses industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the global Cheese Powder Market, high-growth regions, countries, and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.
Browse related reports:
Dairy Blends Market by Type, Application (Ice Cream, Yogurt, Infant Formula, Bakery Products, Feed, Butter & Cheese Blends, and Beverages), Form (Spreadable, Liquid, and Powder), and Region - Global Forecast to 2022
Cheese Ingredients Market by Cheese Type (Processed Cheese and Natural Cheese), by Ingredients (Milk, Cultures, Enzymes, and Additives), and by Geography (North America, Europe, Asia-Pacific, Latin America and RoW) - Global Trends & Forecast to 2020
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/food-and-beverage
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets