CHEESE POWDER MARKET ANALYSIS

Regional Analysis

• North America region accounted for largest market share in global cheese powder market in 2016. Owing to high presence of cheese powder manufacturers in the region along with the preference for eating convenience food, North America is projected to retain its dominance over the forecast period. According to the Canadian Dairy Information Center, per capita consumption of cheese in Canada was valued at 12.7 kg in 2015, which further increased to 13.4 kg in 2016.
• Europe is projected to witness significant growth in global cheese powder market over the forecast period. Key players are strategically launching new cheese powder products to enter the cheese powder market in Europe. For instance, in June 2017, Lactosan-Sanovo Ingredients Group launched a new Edam cheese powder, which is produced from cheese with microbial rennet.
• Middle East imports most of the food products from other regions due to limited arable land and water. Furthermore, regional government authorities in this region has taken bold initiatives to lower rate of obesity. In 2016, the Israel Ministry of Health launched a policy to promote healthy eating and set up a committee to define the required labeling legislation. Healthy nutrition standards are forcing food manufacturers and importers to affix red labels on foods that exceed maximum levels of sodium, sugar or saturated fats. Such activities are projected to restrain growth of cheese powder market in Middle East.