Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Parmesan Cheese Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Parmesan Cheese Industry in 2024 and 2025?
The market size of the Parmesan Cheese Global Market Report 2025 has seen a steady increase. It is projected to rise from $16.73 billion in 2024 to $17.41 billion in 2025, with a compound annual growth rate (CAGR) of 4.1%.
What Is the Projected Market Size of the Parmesan Cheese Market in 2029?
By 2029, the parmesan cheese market is expected to grow to $20.59 billion, with a compound annual growth rate (CAGR) of 4.3%.
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What Are the Key Drivers of Parmesan Cheese Market Growth?
The key drivers in the parmesan cheese market are:
• Rise in consumer demand for convenience and fast-food products
• Increasing urbanization and fast-paced lifestyles requiring quick meal solutions
• Parmesan cheese's ability to enhance flavors without extensive preparation
• Enhancement of consumer purchasing habits in the frozen food department.
What Are the Primary Segmentation Categories in the Parmesan Cheese Market?
The parmesan cheesemarket covered in this report is segmented –
1) By Type: Powdered, Wheels, Shredded, Grated
2) By Nature: Dairy, Vegan
3) By Category: Conventional, Organic
4) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online Retail, Other Distribution Channels
5) By End User: Food Processing, Food Service, Food Retail
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What Are the Major Trends Shaping the Parmesan Cheese Market in 2025 and Beyond?
The key trends in the parmesan cheese market are:
• Innovative product development, such as Parmesan snacks, by major companies is a considerable emerging trend.
• The increasing incorporation of Parmesan cheese as a key ingredient in snack foods is gaining momentum, shaping the future market.
• Baking methods in cheese snack production, creating sharper flavors and indulgent products, indicate a trend towards creative production techniques.
• There is a rising trend of offering diverse product flavors like Very Cheddar, Perfectly Parmesan, and Jalapeño Popper in the Parmesan cheese global market.
Who Are the Emerging Players in the Parmesan Cheese Market?
Major players in the parmesan cheese market are:
• Archer Daniels Midland
• Saputo Inc.
• Arla Foods AMBA
• Kerry Group PLC
• Sargento Foods Inc.
• Organic Valley
• Dairiconcepts L.P.
• BelGioioso Cheese Inc.
• Parmalat S.p.A
• Bluegrass Ingredients Inc.
• 4C Foods Corp.
• Auricchio S.p.A
• Granarolo Group
• Cheese Merchants
• Commercial Creamery Co.
• Groupe Lactalis
• Milano's Cheese
• Ambrosi s.p.a
• Parmigiano Reggiano
• Latteria Sociale Valtellina
• Aarkay Food Products Ltd.
• Cello Cheese
• Caseificio Rosola
• Valserena
• Kodai Dairy Products Pvt. Ltd.
Which Regions Are Leading the Growth in the Global Parmesan Cheese Market?
Europe was the largest region in the parmesan cheese market in 2024
