The market is showing great potential in the mentioned forecasting period. Cheese is a food which is derived from milk and is produced in a wide variety of flavours, textures and forms by the coagulation of the protein which is found in milk i.e. Casein. Cheese contains protein and fat from milk, usually the milk produced by cows, buffalos, goats or sheep. Although cheese powder can be made in a number of ways, but the most common viable technique is to melt fresh, whole cheese and spray it through a hot dryer, producing a thick, velvety powder that can then be added to breads and sauces, popcorns and, to our surprise can also be added to homemade cheese recipes.
Cheese is considered as one of the most intricate dairy products, as it takes account of chemical, biochemical, and microbiological processes. A high-quality cheese powder usually comprises of cheese, whey, salt and perhaps an anti-caking additive. The ingredient list should be checked before purchasing cheese powder to avoid chemicals and additives.
The market is driven by the rapid demand of the Cheese powder and cheese related products in the Middle East & Africa region. In the recent times, South Africa, Israel and Egypt are observing high demand of cheese powder, majorly due to the growing urbanization, changes in lifestyle and eating pattern. The cheese consumption in Middle East and Africa nearly doubled from 1.1 million MT (Metric ton) in 2000 to 1.8 million MT in 2012. This is stimulating the growth of the cheese powder market in this region. The major factors restraining the growth of the cheese powder market is the health problems associated with the consumption of cheese like obesity, heart problems, etc.
The Middle East & Africa market for Cheese Powder is mainly categorized into Type (Cheddar, Mozzarella, Parmesan, American, and Blue). Based on Application, the market is further segmented into Bakery & Confectionery, Sweet & Savoury Snacks, Sauces, Dressings, Dips & Condiments, and Ready Meals. Cheddar cheese powder accounted for the highest revenue of the overall industry and Parmesan cheese powder is projected to witness huge growth rate during the forecast period. Cheddar cheese powder was followed by Mozzarella Cheese powder in terms of market share.
There are many players which are dominating the market, some of the key companies include Kraft Foods Group, Inc., Land O’Lakes, Inc., Kanegrade Limited, Archer Daniels Midland Company, Lactosan A/S, DairiConcepts, LP and Kerry Group Plc.
Market Segmentation Type Introduction Cheddar Mozzarella Parmesan American Blue Y-o-Y Growth Analysis, By Type Market Attractiveness Analysis, By Type Market Share Analysis, By Type
The scope of the report: Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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