Italy Cheese Powder Market Size & Outlook, 2023-2030
Italy cheese powder market, 2018-2030 (US$M)
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Italy cheese powder market highlights
- The Italy cheese powder market generated a revenue of USD 240.9 million in 2023 and is expected to reach USD 392.8 million by 2030.
- The Italy market is expected to grow at a CAGR of 7.2% 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.
Cheese powder market data book summary
| Market revenue in 2023 | USD 240.9 million |
| Market revenue in 2030 | USD 392.8 million |
| Growth rate | 7.2% (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 |
Other key industry trends
- In terms of revenue, Italy accounted for 5.3% of the global cheese powder market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany cheese powder market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 392.8 million by 2030.
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Cheese Powder Market Scope
Cheese Powder Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 39.98% in 2023. Horizon Databook has segmented the Italy 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.
Italian dairy production is ruled by small and family owned businesses. Busy lifestyles along with increase in the working woman population has created opportunities for the cheese powder market in this region. Italian cheese powder market is expected to grow at a modest rate in the forecast period.
Italy has started recovering from the economic crisis and is expected to see a significant growth in the cheese powder market in the forecast period. According to the Agriculture & Agri-Food Canada, major supplying countries to the United States (U.S.) in 2017 were Spain (8.2%), France (14%) and Italy (25.6%).
Out of these countries Spain is the only cheese supplier that experienced a positive growth of 5.6%. Although there is an increasing trend in U.S. to reduce dairy consumption which has resulted in affecting the cheese sales and has seen a growth of 10.7% by value over the last five years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy cheese powder market , including forecasts for subscribers. This country databook contains high-level insights into Italy cheese powder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy cheese powder market size, by product, 2018-2030 (US$M)
Italy Cheese Powder Market Outlook Share, 2023 & 2030 (US$M)
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