Cheese Powder Global Market Report 2022: Ukraine-Russia War Impact
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Major players in the cheese powder market are Kerry Group plc, DairiConcepts L. P. , Land O’ Lakes Inc. , Kanegrade Ltd. , The Kraft Heinz Company, All American Foods Inc. , Lactosan A/S, Aarkay Food Products Ltd.
New York, Nov. 22, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Cheese Powder Global Market Report 2022: Ukraine-Russia War Impact” – https://www.reportlinker.com/p06364868/?utm_source=GNW
, Commercial Creamery Company, The Archer-Daniels-Midland Company, Bluegrass Ingredients Inc., Fonterra Co-operative Group, Wild Flavors Inc., First Choice Ingredients and Ace International LLP.
The global cheese powder market is expected to grow from $1.24 billion in 2021 to $1.34 billion in 2022 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The cheese powder market is expected to grow to $1.84 billion in 2026 at a compound annual growth rate (CAGR) of 8.2%.
The cheese powder market consists of sales of cheese powder products by entities (organizations, sole traders, and partnerships) that are used as a flavor enhancer and filler in a variety of products, including soups, sauces, dressings, and ready-to-eat meals. Cheese powder refers to the dehydrated form of natural cheese made from cheese, water, and melting salt, which is melted, pasteurized, and spray-dried.
The main types of cheese powder are cheddar, parmesan, mozzarella, and other product types.Cheddar refers to a type of cheese that is hard white, yellow, or orange and has a soft texture with mild to strong flavors.
The applications include bakeries and confectioneries, sweet and savory snacks, sauces, dressings, dips and condiments, ready meals, and…
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