Market revenue in 2023 | USD 404.4 million |
Market revenue in 2030 | USD 582.0 million |
Growth rate | 5.3% (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 40.03% in 2023. Horizon Databook has segmented the Germany 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.
Over the forecast period, cheese powder market is expected to grow at a significant rate owing to the rising demand of processed cheese in this region. Consumers are expected to explore a wide variety of cheese, as they favor cheese over other less healthy foods.
Cheese powder market in Germany is driven by private labels as customers do not consider branding important in this category, low costs coupled with the rise in the adoption of cheese powder in various end use applications is expected to surge the growth of this market.
German consumers are focusing on downscaling their consumption of meat and are moving towards flexitarian lifestyle which is expected to boost the growth of cheese powder in this region.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany cheese powder market , including forecasts for subscribers. This country databook contains high-level insights into Germany cheese powder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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