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Cheese Concentrate Market

Cheese Concentrate Market By Product (Cheddar, Mozzarella, Swiss & Other Type), By Application (Processed Cheese, Snacks & Savories), By Form (Powder, Paste), By Sales Channel & By Region - Global Market Insights 2022-2032

Analysis of Cheese Concentrate market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Cheese Concentrate Market Outlook (2022-2032)

The global cheese concentrate market is anticipated to evolve at a high-value CAGR of 8.8%, rising from its current value of US$ 1.5 billion to US$ 3.5 billion by the end of 2032.

Cheese concentrate is a healthier and less expensive alternative to normal cheese. It is made with dairy ingredients and enzymes that bind all the flavors together to create a 20-25 times stronger cheese than conventional cheese. Cheese concentrate is a low-sodium, low-calorie, and healthful alternative to ordinary cheese. It has a long shelf life and is available in paste and powder forms. It bonds effectively with other components and imparts a delicate texture to the finished product.

Cheese concentrate is also a clean-label product created from dairy products and natural cheese, making it a popular option among health-fanatic consumers. Modern consumers' growing demand for new flavors such as international and artisanal cheese is expected to fuel demand for cheese concentrate over the coming years.

The product can be used to substitute mature cheese entirely or partially in processed cheese products and is widely used in cafes and restaurants due to its low cost. Cheese concentrate's compatible nature allows it to be used in a variety of dishes, including snacks, baked goods, dressings, confectionery, dips, and sauces. Moreover, cheese concentrate is extensively used in a variety of sauces and dips. The growing use of sauces and dips is projected to aid the worldwide cheese concentrate market growth during the forecast period.

Furthermore, cheese concentrates' popularity is expected to rise as a result of their distinct flavor and better taste. Even in small quantities, cheese concentrate maintains the authentic cheese flavor. Some of the products created from cheese concentrate are popcorn, puffed cheese snacks, processed cheese, nachos, risotto, crackers, and artisan bread.

A massive change in the snacking sector is being noted, with a growing preference for flavored cheese concentrates and natural components for numerous dressings. This change in demand is expected to have a positive influence on cheese concentrate sales during the forecast period.

Moreover, customers nowadays seek healthy solutions to support their overall health and wellness. They buy low-sodium, low-fat cheese with a clean label and no complex additions. As a result, prominent companies manufacturing cheese concentrate are developing innovative formulations to draw in more customers.

Cheese concentrate adds incredible taste to a variety of salad dressings, spices, and snack foods. With such a wide range of applications in the food industry, the worldwide cheese concentrate market is expected to expand significantly over the decade.

Report Attributes

Details

Cheese Concentrate Market Size (2022)

US$ 1.5 Billion

Projected Market Value (2032)

US$ 3.5 Billion

Global Market Growth Rate (2022-2032)

8.8% CAGR

North America Market Share (2021)

38%

Mozzarella Segment Growth Rate (2022-2032)

15.15%

Powder Segment Share (2021)

36%

Key Companies Profiled

  • Dale Farm Ltd
  • Archer Daniels Midland Company
  • C.P. Ingredients Ltd
  • Butter Buds Inc.
  • Ingredion Incorporated
  • First Choice Ingredients (DSM)
  • Adare Food Ingredients Pvt Ltd
  • Land O' Lakes Inc.
  • Dairy Farmers of America, Inc.
  • GoBia Ltd
  • Jeneil Bioproducts GmbH
  • Puramio India Pvt Ltd

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Why is the Popularity of Cheese Concentrate Rising Rapidly?

“Escalating Demand for Healthy Food Products across Regions”

Increased awareness of the health benefits of fat-free goods is expected to drive the global cheese concentrate market growth. Moreover, the growing number of diet-conscious consumers worldwide is also contributing to the market's growth.

Considering the population's hectic and busy schedules, the demand for healthy ready-to-eat products has surged since they are fast, economical, and accessible, supporting the growth of the cheese concentrate market.

Furthermore, the increased knowledge of the advantages of cheese concentrates and their versatility as an ingredient in a variety of recipes is projected to raise the demand for cheese concentrates.

Additionally, cheese concentrate sales are expected to increase due to rising demand from bakery and confectionery companies, food service providers, and food processing industries, as it is healthier and less expensive than regular cheese.

“Strong Focus on Product Development to Present Profitable Opportunities”

With the expanding popularity of cheese dressings, snacks, sauces, and dips, major cheese concentrate market players are investing extensively in the development of ready-to-eat packaged dips, salads, and dressings.

Cheese concentrate goods such as ready-to-eat salad dressing, condiments, sauces, dips, nachos, and crisps are also popular among cafés and fast-food restaurant chains.

These items are less expensive than those made from ordinary cheese. The abundance of cheese concentrate-based foods has prompted market players to create the same dishes in a pre-packaged, ready-to-eat/cook version.

As a result, market participants' strong focus on product development will present profitable opportunities for the cheese concentrate market.

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What Challenges are Faced by Cheese Concentrate Manufacturers?

“Strict Food Safety Regulations to Hamper Market Progress”

The usage of cheese concentrate in processed goods, bakery, and confectionery is being closely monitored by regulatory authorities, as these items can negatively affect consumers' health.

  • For example, the European Union's strict food safety law or the FSSAI's labeling rules in India oversee the food industry's production, distribution, packaging, and labeling. They also determine how much cheese concentrate is used in particular products.

Such severe government regulations are expected to hamper the growth of the cheese concentrate market.

“Growing Vegan Culture across the World”

Increasing awareness of lactose intolerance and the rising popularity of plant-based nutrition as an alternative may limit the market's growth.

  • For example, over 70% of the world's population is lactose intolerant, which means that their body is unable to break down the lactose found in dairy products.

Due to increased awareness of lactose intolerance, people are giving up dairy products, particularly cheese, to enhance their health and well-being.

Furthermore, the growing production of vegan products such as vegan cheese, yogurts, and other meals is encouraging more individuals to become vegan.

Moreover, social media influencers' campaigning against animal abuse and promotion of plant-based nutritional meals contribute to the rise of vegan culture among Generation Z and millennials.

Veganism benefits the environment by lowering the demand for fish and meat, which minimizes the overexploitation of natural resources and restores equilibrium. The environmental, ethical, and health benefits of becoming vegan are gaining popularity around the world, posing a threat to the expansion of the global cheese concentrate market.

Cheese concentrate market forecast by Fact.MR

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Country-wise Insights

Why is the United States a Dominant Market for Cheese Concentrate?

North America accounted for 38% of the global market share in 2021. The United States is expected to dominate the global cheese concentrate market during the forecast period.

Cheese is a common ingredient in the vast majority of American foods. Cheese is commonly used in the preparation of breakfast, lunch, and dinner meals in the United States. The famed mac and cheese are often regarded as the national dish of the United States.

With the increased demand for healthy meals and the growing incidence of lifestyle disorders such as obesity, producers created cheese concentrate as a clean-label product to substitute ordinary cheese. Cheese concentrate is versatile, nutritious, flavorful, and easy to find, which contributes to its popularity in the fast-paced American lifestyle.

The region's market participants provide a wide range of cheese concentrate substitutes that serve every market audience. Moreover, the increasing social media following of food bloggers and other influencers who promote clean-label products through their unique and tasty cheese concentrate recipes adds to the market's growth.

Furthermore, the intensive marketing initiatives launched by food companies in the American market in recent decades to offer concentrate cheese as the ideal healthy option to ordinary cheese have also significantly impacted the growth of the cheese concentrate market.

Why is Consumption of Mozzarella Cheese Surging?

The mozzarella segment is predicted to expand at the fastest CAGR of 15.15% over the forecast period. Mozzarella is an Italian cheese that is still used to make pasta, pizza, and other Italian foods. Mozzarella is delicate and silky due to its high moisture content. It has a light, creamy flavor. Since it is low in calories, it is popular among health-fanatic consumers.

Moreover, mozzarella has high calcium, iron, and protein content. The increasing use of mozzarella cheese in a variety of recipes is projected to drive the segment's growth.

  • For example, mozzarella sticks are among the world's most popular side dishes.

Which Form of Cheese Concentrate is Most Widely Used?

The powder segment held 36% share of the global market in 2021. The powder segment is projected to lead the global market during the forecast period. Powder cheese concentrate can be used to improve the flavor of chips, popcorn, and other snacks. It can also be rehydrated into a paste and utilized to make dressings, dips, and sauces.

The key reason for the increased demand for powder cheese concentrate is its versatility and wide range of applications in food preparation. Moreover, powder cheese concentrate is used in cheese-flavored chips, popcorn, nachos, biscuits, and other foods, which is fueling the segment's growth.

Competitive Landscape

Prominent cheese concentrate producers are aiming to gain market share through mergers & acquisitions, partnerships, and joint ventures. They are also performing considerable research to develop new product lines with government assistance.

Moreover, with the food and beverage industries' growing demand for innovative formulations, leading suppliers of cheese concentrate are working on updating and altering their products. Furthermore, excessive intake of cheese concentrates throughout all age groups is expected to open up new growth potential for market players.

  • In Nov 2021, First Choice Ingredients debuted a new toasted cheese range, including toasted cheddar concentrates and toasted parmesan. The products come in paste and powder forms. They vary in concentration from pronounced flavor profiles like charred or burnt essences to caramelized notes or mild flavor variations like sautéed.

Key Segments in Cheese Concentrate Industry Research

  • By Product:

    • Cheddar
    • Mozzarella
    • Swiss
    • Parmesan
    • Blue
    • Goat
    • Other Types
  • By Application:

    • Processed Cheese
    • Snacks & Savories
    • Bakery & Confectionery
    • Sauces, Dressings, Dips & Condiments
    • Ready Meal Production
    • Other Applications
  • By Form:

    • Powder
    • Paste
  • By Buyer:

    • Artisan Bakers
    • Commercial Bakers
    • Food Service Providers
    • Retail Buyers
  • By Sales Channel:

    • Direct Procurement
    • Retail Sales
    • Supermarkets & Hypermarkets
    • Convenience Stores
    • Departmental Stores
    • Specialty Stores
    • Online Sales
    • Other Sales Channels
  • By Region:

    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

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The global cheese concentrate market is valued at US$ 1.5 billion in 2022.

The global market for cheese concentrate is anticipated to surge at a CAGR of 8.8% through 2032.

Sales of cheese concentrate are set to reach US$ 3.5 billion by 2032.

The United States is the most prominent market for cheese concentrate.

Demand for mozzarella cheese is predicted to grow at a CAGR of 15.15% during the forecast period.

Dale Farm Ltd, Archer Daniels Midland Company, C.P. Ingredients Ltd, Butter Buds Inc., Ingredion Incorporated, First Choice Ingredients (DSM), Adare Food Ingredients Pvt Ltd, Land O' Lakes Inc., Dairy Farmers of America, Inc., GoBia Ltd, Jeneil Bioproduct

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