Middle East & Africa Cheese Powder Market Size & Outlook
Middle East & Africa cheese powder market, 2018-2030 (US$M)
Related Markets
MEA cheese powder market highlights
- The MEA cheese powder market generated a revenue of USD 220.1 million in 2023.
- The market is expected to grow at a CAGR of 5.9% 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, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 220.1 million |
| Market revenue in 2030 | USD 327.8 million |
| Growth rate | 5.9% (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, MEA region accounted for 4.8% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Cheese Powder Market Scope
Cheese Powder Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 40.03% in 2023. Horizon Databook has segmented the Middle East & Africa 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 growth in this region is largely fueled by Egypt, South Africa, United Arab Emirates and Saudi Arabia as well as Iran which is offering great opportunities for foreign direct investments. Middle East & Africa has experienced increasing cheese production in Egypt (+89%) and South Africa (+66%).
Changing family dynamics where female participation is increasing in work force has led to an increased demand in the rise of convenience and ready to eat foods. Increasing penetration of international brands coupled with strong macroeconomic factors will drive the growth in the forecast period.
Acquisitions and joint ventures remained the key strategies while expanding in the Middle Eastern markets. Companies like Lactalis and Arla gained access by joint ventures since the retail landscape is still dominated by local players.
Reasons to subscribe to Middle East & Africa cheese powder market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa cheese powder market databook
-
Our clientele includes a mix of cheese powder market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa cheese powder market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa cheese powder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA cheese powder market size, by country, 2018-2030 (US$M)
Middle East & Africa Cheese Powder Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
