Market revenue in 2023 | USD 243.8 million |
Market revenue in 2030 | USD 425.9 million |
Growth rate | 8.3% (CAGR from 2023 to 2030) |
Largest segment | Cheddar cheese powder |
Fastest growing segment | Swiss Cheese Powder |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Cheddar Cheese Powder, Parmesan Cheese Powder, Blue Cheese Powder, Romano Cheese Powder, Swiss Cheese Powder, Other Cheese Powders |
Key market players worldwide | Kerry Group PLC Class A, The Kraft Heinz Co, Archer-Daniels Midland Co, LAND O'LAKES, Lactosan, Commercial Creamery Company, Kanegrade, Aarkay Food Products Ltd, All American Foods, Inc., DairiConcepts |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cheese powder market will help companies and investors design strategic landscapes.
Cheddar cheese powder was the largest segment with a revenue share of 40.28% in 2023. Horizon Databook has segmented the China cheese powder market based on cheddar cheese powder, parmesan cheese powder, blue cheese powder, romano cheese powder, swiss cheese powder, other cheese powders covering the revenue growth of each sub-segment from 2018 to 2030.
China is large, diverse and highly competitive market for cheese powder products. China’s middle class has become more diverse and can be divided into niche markets with different culture, demographics, cuisine and local commercial trends.
Healthy eating, novelty and convenience are important considerations for Chinese youth. Increased household income may increase food consumption, especially eating out, stimulating industry growth. In addition, rapid urbanization and fast economic development have resulted in faster lifestyles and thus cheese powder has become increasingly popular.
Horizon Databook provides a detailed overview of country-level data and insights on the China cheese powder market , including forecasts for subscribers. This country databook contains high-level insights into China cheese powder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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