Cheese Concentrate Market
Cheese Concentrate Market Study by Cheddar, Mozzarella, Swiss, Parmesan, Blue, and Goat for Artisan Bakers, Commercial Bakers, Food Service Providers, and Retail Buyers from 2024 to 2034
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 (2024 to 2034)
Expanding at a CAGR of 9.1%, the global cheese concentrate market is projected to increase from a value of US$ 1.68 billion in 2024 to US$ 4.01 billion by the end of 2034.
Cheese concentrate is considered a healthier and less expensive alternative to regular cheese. It is made with dairy ingredients and enzymes that bind all the flavors together to create much stronger cheese than conventional variants. 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 well with other components and imparts a delicate texture to the finished food 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. Growing demand from modern consumers for new flavors such as international and artisanal cheese is set to drive up the demand for cheese concentrate over the coming years.
- The Mexico market is projected to expand at a CAGR of 11.3% through 2034.
- The North American market share is forecasted to increase from 25.3% in 2019 to 27.3% by 2024.
Report Attribute | Detail |
---|---|
Cheese Concentrate Market Size (2024E) | US$ 1.68 Billion |
Forecasted Market Value (2034F) | US$ 4.01 Billion |
Global Market Growth Rate (2024 to 2034) | 9.1% CAGR |
United States Market Share in North America (2034F) | 69.6% |
Japan Market Growth Rate (2024 to 2034) | 10.4% CAGR |
North America Market Share (2024E) | 27.3% |
East Asia Market Growth Rate (2024 to 2034) | 9.7% CAGR |
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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What is Consumption of Cheese Concentrate Increasing Substantially Around the Globe?
“Healthy Food Products Trend Benefiting Market Players”
Increased awareness of the health benefits of fat-free food is expected to drive global cheese concentrate market growth. Moreover, the growing number of diet-conscious consumers worldwide is also contributing to market expansion. Considering the population's hectic schedules, the demand for healthy ready-to-eat products has surged since they are economical and easily accessible, supporting the growth of the cheese concentrate market.
Furthermore, 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 by Companies”
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 markets around the world.
What Challenges Are Faced by Cheese Concentrate Manufacturers?
“Strict Food Safety Regulations to Contend With”
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 can be used in different products.
Such strict government regulations are expected to hamper the growth of the cheese concentrate market to some extent.
“More People Switching to Vegan Lifestyle Impeding Market Opportunities”
Increasing awareness of lactose intolerance and the rising popularity of plant-based nutrition as an alternative may limit the market's growth. 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 market.
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Country-wise Analysis
Milk products are used by all age groups around the world, thus the market has the potential to gain profits globally with major countries including the United States, China, Canada, and Japan. Among all these, the United States market is foreseen to hold a significant cheese concentrate market share in the North American region.
What is Positively Influencing Market Growth in the United States?
“Cheese Key Ingredient in Breakfast Items in the Country”
Attribute | United States |
---|---|
Market Value (2024E) | US$ 329.3 Million |
Growth Rate (2024 to 2034) | 9.5% CAGR |
Projected Value (2034F) | US$ 818.2 Million |
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 is 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.
What is Leading to Increasing Sales of Cheese Concentrate in China?
“Social Media Influence and Availability of Wide Range of Products”
Attribute | China |
---|---|
Market Value (2024E) | US$ 251.9 Million |
Growth Rate (2024 to 2034) | 9.4% CAGR |
Projected Value (2034F) | US$ 617.1 Million |
The country’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 China market in recent decades to offer concentrated cheese as the ideal healthy option to ordinary cheese have also significantly impacted the growth of the market.
Category-wise Analysis
Seeing the popularity of cheese around the world, the suppliers have introduced various forms of cheese concentrates to expand their sales limits. Two of the major forms of cheese concentrates include powder and paste with both forms having their applications in various fields.
Which Form of Cheese Concentrate is Most Liked by Consumers?
“Powder Cheese Concentrate Preferred Compared to Paste Form”
Attribute | Powder |
---|---|
Segment Value (2024E) | US$ 1.09 Billion |
Growth Rate (2024 to 2034) | 9.5% CAGR |
Projected Value (2034F) | US$ 2.7 Billion |
The powder form of cheese concentrates is becoming more common in use compared to the paste form. End users prefer the convenience and longer shelf life that powdered cheese concentrates offer. Additionally, the powder form can be easily incorporated into a wide range of food products, making it a versatile choice for food manufacturers. The powdered form also allows for more consistent and precise dosing, leading to a more standardized and predictable end product and increasingly becoming a new cheese concentrate market trend.
In Which Application is Cheese Concentrate Widely Used?
“Processed Cheese Segment to Account for High Revenue Streams”
Attribute | Processed Cheese |
---|---|
Segment Value (2024E) | US$ 648 Million |
Growth Rate (2024 to 2034) | 9.4% CAGR |
Projected Value (2034F) | US$ 1.59 Billion |
Cheese concentrates are frequently used in processed cheese applications. The concentrated form of cheese provides a cost-effective solution for enhancing the flavor, texture, and overall quality of processed cheese products. Food manufacturers find cheese concentrates particularly desirable in processed cheese as they allow for better control over the flavor profile and consistency of the final product. Additionally, cheese concentrates can improve the mouthfeel and melting characteristics of processed cheese, making it a preferred choice for applications such as cheese slices, spreads, and dips.
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Market Landscape
Key players in the cheese concentrate market are focusing on launching new products including cheddar cheese and other flavors.
- 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.
Fact.MR provides detailed information about the price points of key cheese concentrate manufacturers positioned across the world, sales growth, production capacity, and speculative technological expansion, in this updated market report.
Key Segments of Cheese Concentrate Market Research
-
By Product :
- Cheddar
- Mozzarella
- Swiss
- Parmesan
- Blue
- Goat
- Other Types
-
By Application :
- Processed Cheese
- Snacks & Savories
- Bakeries & Confectioneries
- 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
- Department Stores
- Specialty Stores
- Online Sales
- Other Sales Channels
-
By Region :
- North America
- Latin America
- Eastern Europe
- Western Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
- FAQs -
How big is the cheese concentrate market in 2024?
The global market for cheese concentrate is estimated at US$ 1.68 billion in 2024.
What are the sales projections for cheese concentrate over the decade?
Global sales of cheese concentrate are forecasted to rise at 9.1% CAGR and reach US$ 4.01 billion by 2034.
Which country has a significant market for cheese concentrate?
Revenue from the market in the United States is projected to reach US$ 329.3 million in 2024.
What are the projections for the demand for cheese concentrate in Japan?
Japan is estimated to reach a market value of US$ 61.7 million in 2024.
Which form of cheese concentrate accounts for a higher market share?
Revenue from powder cheese concentrate sales is estimated to reach US$ 1.09 billion in 2024.
What is the market share of Canada in North America?
Canada accounts for a market share of 18.3% in North America in 2024.
Who are the leaders in the business of cheese concentrate?
Dale Farm Ltd, Archer Daniels Midland Company, and C.P. Ingredients Ltd are some of the key players in the market.