Europe Cheese Powder Market Size & Outlook, 2023-2030
Europe cheese powder market, 2018-2030 (US$M)
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Europe cheese powder market highlights
- The Europe cheese powder market generated a revenue of USD 1,823.4 million in 2023.
- The market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, cheddar cheese powder was the largest revenue generating product in 2023.
- Swiss Cheese Powder is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,823.4 million |
| Market revenue in 2030 | USD 2,754.3 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Cheddar cheese powder |
| Fastest growing segment | Swiss Cheese Powder |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, Europe region accounted for 39.9% of the global cheese powder market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,107.7 million by 2030.
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Cheese Powder Market Scope
Cheese Powder Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe cheese powder market outlook
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 39.95% in 2023. Horizon Databook has segmented the Europe 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.
The cheese production in France, Netherlands and Italy has expanded at a significant rate in the previous years. The Irish dairy industry has changed its strategy from SMP and butter products to cheese products which has been reflected in the numbers of cheese production (86% growth) in last 10 years.
Western Europe remained the key region in terms of production and consumption of cheese products, however, EU membership in 2004 stimulated the growth of cheese production in the Eastern countries.
Poland, Lithuania and Czech Republic saw a growth of 77%, 195% and 21% respectively in the cheese production. European countries have experienced a significant economic growth in the period which has stimulated the demand and export of cheese products in the recent years.
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Our clientele includes a mix of cheese powder market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe cheese powder market , including forecasts for subscribers. This continent databook contains high-level insights into Europe cheese powder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe cheese powder market size, by country, 2018-2030 (US$M)
Europe Cheese Powder Market Outlook Share, 2023 & 2030 (US$M)
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