UK Cheese Powder Market Size & Outlook, 2023-2030
UK cheese powder market, 2018-2030 (US$M)
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UK cheese powder market highlights
- The UK cheese powder market generated a revenue of USD 130.0 million in 2023 and is expected to reach USD 197.3 million by 2030.
- The UK 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.
Cheese powder market data book summary
| Market revenue in 2023 | USD 130.0 million |
| Market revenue in 2030 | USD 197.3 million |
| Growth rate | 6.1% (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, UK accounted for 2.8% 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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UK 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 39.54% in 2023. Horizon Databook has segmented the UK 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 GVA (Gross Value Added) of the food sector increased 2.7% in 2016. For longer term, the food sector increased by 78% while the whole economy rose by 80%. According to the dairy UK report, UK dairy industry has made great progress in expanding its export sales.
Dairy exports outside of Europe have increased by 90% in volume over the last five years. During the same period the volume of exports within Europe have increased by 28%.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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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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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 country-level data and insights on the UK cheese powder market , including forecasts for subscribers. This country databook contains high-level insights into UK cheese powder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK cheese powder market size, by product, 2018-2030 (US$M)
UK Cheese Powder Market Outlook Share, 2023 & 2030 (US$M)
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