Spain Cheese Powder Market Size & Outlook, 2023-2030
Spain cheese powder market, 2018-2030 (US$M)
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Spain cheese powder market highlights
- The Spain cheese powder market generated a revenue of USD 113.4 million in 2023 and is expected to reach USD 158.8 million by 2030.
- The Spain market is expected to grow at a CAGR of 4.9% 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.
Cheese powder market data book summary
| Market revenue in 2023 | USD 113.4 million |
| Market revenue in 2030 | USD 158.8 million |
| Growth rate | 4.9% (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, Spain accounted for 2.5% 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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Spain 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 40.04% in 2023. Horizon Databook has segmented the Spain 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.
As urbanization increased and Spanish lifestyles become busier, convenience food and ready meals became highly popular. While the trend of dining out has increased in the last years, it has been negatively affected by government regulations such as increased taxes and declining disposable income which can restrict the growth of cheese powder market in this region.
High volatility of the prices of raw materials has affected the cheese consumption in Spain. This volatility has made difficult to set stable prices and has affected operations in the medium and long term hindering export as well as distribution activity.
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Our clientele includes a mix of cheese powder market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain cheese powder market , including forecasts for subscribers. This country databook contains high-level insights into Spain cheese powder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain cheese powder market size, by product, 2018-2030 (US$M)
Spain Cheese Powder Market Outlook Share, 2023 & 2030 (US$M)
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