Arab & Middle East News
(ARABNEWSWIRE.COM, October 12, 2017 ) According to the report “Middle East And Africa Cheese Powder Market By Type (Cheddar, Mozzarella, Parmesan, American, And Blue), Application (Bakery & Confectionery, Sweet & Savoury Snacks, Sauces, Dressings, Dips & Condiments, And Ready Meals), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)” published by Market Data Forecast, the Middle East and Africa Cheese Powder Market was worth USD 34.96 million in 2016 and is estimated to be growing at a CAGR of 6.576%, to reach USD 48.07 million by 2021.
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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 flavors, 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.
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The Middle East & Africa Cheese Powder Market 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.
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