U.S. Cheese Powder Market Size & Outlook, 2023-2030
U.S. cheese powder market, 2018-2030 (US$M)
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U.S. cheese powder market highlights
- The U.S. cheese powder market generated a revenue of USD 1,292.3 million in 2023 and is expected to reach USD 2,008.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.5% 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 1,292.3 million |
| Market revenue in 2030 | USD 2,008.1 million |
| Growth rate | 6.5% (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, U.S. accounted for 28.3% 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 North America, U.S. cheese powder market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 190.5 million by 2030.
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Cheese Powder Market Scope
Cheese Powder Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 40.06% in 2023. Horizon Databook has segmented the U.S. 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 occurrence of intolerances and various food allergies are on the rise in United States with lactose intolerance being the prominent one resulting in the rising inclination of people towards cheese powders with lower quantities of lactose in them.
Nutritional benefits of cheese coupled with easy packaging has positioned the category to respond well to the rising consumer demand for healthy snacks and convenience foods. Recent legislative actions and executive decisions at federal level is expected to affect the dairy industry in opposite ways which could be a threat to the cheese powder market.
A recent proposal on expanding the Margin Protection program will result in providing more subsidies to the farmers which will stimulate oversupply even further.
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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 U.S. cheese powder market , including forecasts for subscribers. This country databook contains high-level insights into U.S. cheese powder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. cheese powder market size, by product, 2018-2030 (US$M)
U.S. Cheese Powder Market Outlook Share, 2023 & 2030 (US$M)
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