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Parmesan Cheese Market Size, Share & Industry Trends Analysis Report By Type, By Category, By Nature, By End User, By Regional Outlook and Forecast, 2022-2028

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    Report

  • 213 Pages
  • January 2023
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5742250
The Global Parmesan Cheese Market size is expected to reach $20 billion by 2028, rising at a market growth of 4.6% CAGR during the forecast period.

A hard cheese with a natural yellow rind and a flavorful, fruity aroma, parmesan is straw in color. It's created with cow's milk. The original parmesan is Parmigiano Reggiano from Italy. However, replicas and comparable varieties are available in Argentina, Australia, and the US. Along with truffles, mushrooms, and miso, parmesan is a common meal that makes consumers' mouths taste savory and umami.

Some people even consider it as a functional meal because they think some of its ingredients might enhance health or lower disease risk. Its abundant protein and calcium content and its simplicity of digestion are among its nutritional highlights.

Various maturational levels of parmesan are available for sale. Giovane is the youngest at 14-18 months, followed by Vecchio at 18-2 years, stravecchio at 2-3 years, and the extra-mature stravecchione at 3-4 years. The price of cheese increases with maturation; younger cheeses are less expensive to use in cooking, while older parmesan is best enjoyed as a dessert cheese due to its richer flavor. To ensure that the cheese remains at its finest, purchase little and frequently, as with all cheeses.

Traditional rennet, a collection of enzymes taken from animal stomachs and used to separate cheese curds from the whey, is used to make parmesan. This indicates that the product is not strictly vegetarian. Although they cannot be called parmesan, vegetarian parmesan can be purchased in supermarkets & delicatessens under the name Italian hard cheese.

COVID-19 Impact Analysis

The COVID-19 pandemic has had an effect on society and the world's economy. The pandemic's effects are expanding daily, and the supply chain is also being impacted. The COVID-19 situation is causing the stock market to be uncertain, the supply chain to be significantly slowed down, corporate confidence to be declining, and client segment panic to be growing. As the government of different regions has already announced a total lockdown and the temporary shutdown of industries, the overall production process is being adversely affected, thus, hindering the overall Parmesan Cheese market globally.

Market Growth Factors

Consumption of On-The-Go snacks is rising

The market for cheese-based snacks is growing favorably, and this growth is being fueled by a rise in the popularity of portable snacks. Due to the rapidly growing segment, which uses parmesan cheese extensively in both savory and sweet snacks, the industry is expanding. As consumer awareness of the health risks associated with junk food intake, including diabetes and other chronic diseases, develop, it is predicted that the market for cheese-based snacks will rise globally. A rise in consumer demand for cheese-centric eating habits and lifestyles is one of the key drivers behind the growth of the parmesan cheese market globally. All of this is causing the market for parmesan cheese to expand.

Consumer spending on functional & healthy products is growing

Sales are being boosted by greater consumer knowledge of parmesan cheese's health advantages. Cheese made with parmesan is very nourishing. It is full of minerals that promote bone health and protein and fat that are ready for use. Its high levels of calcium and protein and its simplicity in digestion are among its nutritional highlights. Consumer demand for parmesan cheese is rising due to these practical advantages. Parmesan cheese's popularity and long shelf life contribute to the market's expansion.

Market Restraining Factors

Rising obesity and overweight rates

The prevalence of overweight and obesity amongst adolescents and children ranging from 5 to 19 has significantly increased, rising from a mere 4% in 1975 to just over 18% in 2016. The main factor contributing to obesity and overweight is an imbalance in energy among calories burned and calories consumed. Foods that are high in fat and sugar and are filling have become more popular worldwide. Experts advise cutting back on saturated fat consumption. Cheese has a lot of calories and a lot of saturated fats. This can lead to a decrease in cheese consumption. Due to this, the parmesan cheese market's growth throughout the forecast period may suffer.

Type Outlook

By type, the parmesan cheese market is classified into powdered, grated, shredded, and wheels. In 2021, the powdered segment registered the maximum revenue share in the parmesan cheese market. Aged Parmesan cheese is grated, melted, and then spray-dried to create parmesan cheese powder. Pasta, popcorn, steamed vegetables, as well as soups, casseroles, dips, and spreads, can all be garnished with Parmesan cheese powder. Consumers can easily sprinkle this wholesome Parmesan powder to add flavor and nutritious value to spaghetti, pizza, soups, potato chips, pasta, and more.

Nature Outlook

Based on nature, the parmesan cheese market is divided into dairy and vegan. In 2021, the dairy segment held the largest revenue share in the parmesan cheese market. Skimmed cow's milk is the base for parmesan before bacteria - specifically, thermophilic lactic acid bacteria - are introduced. Rennet is used to cause the milk to curdle after the mixture has been heated. The curd is divided into rice-sized pieces and given an hour to settle. It is then poured into sizable cheese moulds or wheels after being strained through muslin.

Category Outlook

On the basis of category, the parmesan cheese market is segmented into conventional and organic. In 2021, the organic segment garnered a promising growth rate in the parmesan cheese market. Most the vegan parmesans are organic because they are typically manufactured with organic raw materials. Organic parmesan cheese is typically a high-quality product due to the utilization of high-quality raw materials in production, which raises the demand for organic parmesan cheese. The market for parmesan cheese will develop due to a particular desire from customers for organic cheese.

End User Outlook

By end user, the parmesan cheese market is fragmented into food processing, food services, and food retail. In 2021, the food services segment recorded a substantial revenue share in the parmesan cheese market. Examples of food service establishments include restaurants, hotels, fast food restaurants, cafes, and others. These businesses primarily supply customers with food that is either fully cooked on-site or prepared elsewhere before being finished there. An increase in the demand for gourmet cuisine and eating out can be traced to a change in consumer behavior.

Regional Outlook

Region wise, the parmesan cheese market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2021, the Europe region accounted for the highest revenue share in the parmesan cheese market. Since it is where parmesan originated, Europe is where the majority of the world's parmesan cheese is consumed. The Reggiano region of Italy produces the purest parmesan. Due to the increasing prevalence of lifestyle diseases and increased consumer awareness of factors associated with these ailments, people in this region are spending more money on high-end healthy products like parmesan cheese. As a result, the market for parmesan cheese is expanding favorably as a result of all these causes.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Lactalis Group, Organic Valley, The Kraft Heinz Company, The Kroger Co., Lactosan A/S (Thornico A/S), Kerry Group PLC, BelGioioso Cheese, Inc., Caseificio Sepertino s.n.c, All American Foods, Inc., and Bluegrass Ingredients, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Type

  • Powdered
  • Wheels
  • Shredded
  • Grated

By Category

  • Conventional
  • Organic

By Nature

  • Dairy
  • Vegan

By End User

  • Food Processing
  • Food Service
  • Food Retail

By Geography

North America

  • US
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

LAMEA

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Lactalis Group
  • Organic Valley
  • The Kraft Heinz Company
  • The Kroger Co
  • Lactosan A/S (Thornico A/S)
  • Kerry Group PLC
  • BelGioioso Cheese, Inc
  • Caseificio Sepertino s.n.c
  • All American Foods, Inc
  • Bluegrass Ingredients, Inc

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Parmesan Cheese Market, by Type
1.4.2 Global Parmesan Cheese Market, by Category
1.4.3 Global Parmesan Cheese Market, by Nature
1.4.4 Global Parmesan Cheese Market, by End User
1.4.5 Global Parmesan Cheese Market, by Geography
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Global Parmesan Cheese Market by Type
3.1 Global Powdered Market by Region
3.2 Global Wheels Market by Region
3.3 Global Shredded Market by Region
3.4 Global Grated Market by Region

Chapter 4. Global Parmesan Cheese Market by Category
4.1 Global Conventional Market by Region
4.2 Global Organic Market by Region

Chapter 5. Global Parmesan Cheese Market by Nature
5.1 Global Dairy Market by Region
5.2 Global Vegan Market by Region

Chapter 6. Global Parmesan Cheese Market by End User
6.1 Global Food Processing Market by Region
6.2 Global Food Service Market by Region
6.3 Global Food Retail Market by Region

Chapter 7. Global Parmesan Cheese Market by Region
7.1 North America Parmesan Cheese Market
7.1.1 North America Parmesan Cheese Market by Type
7.1.1.1 North America Powdered Market by Country
7.1.1.2 North America Wheels Market by Country
7.1.1.3 North America Shredded Market by Country
7.1.1.4 North America Grated Market by Country
7.1.2 North America Parmesan Cheese Market by Category
7.1.2.1 North America Conventional Market by Country
7.1.2.2 North America Organic Market by Country
7.1.3 North America Parmesan Cheese Market by Nature
7.1.3.1 North America Dairy Market by Country
7.1.3.2 North America Vegan Market by Country
7.1.4 North America Parmesan Cheese Market by End User
7.1.4.1 North America Food Processing Market by Country
7.1.4.2 North America Food Service Market by Country
7.1.4.3 North America Food Retail Market by Country
7.1.5 North America Parmesan Cheese Market by Country
7.1.5.1 US Parmesan Cheese Market
7.1.5.1.1 US Parmesan Cheese Market by Type
7.1.5.1.2 US Parmesan Cheese Market by Category
7.1.5.1.3 US Parmesan Cheese Market by Nature
7.1.5.1.4 US Parmesan Cheese Market by End User
7.1.5.2 Canada Parmesan Cheese Market
7.1.5.2.1 Canada Parmesan Cheese Market by Type
7.1.5.2.2 Canada Parmesan Cheese Market by Category
7.1.5.2.3 Canada Parmesan Cheese Market by Nature
7.1.5.2.4 Canada Parmesan Cheese Market by End User
7.1.5.3 Mexico Parmesan Cheese Market
7.1.5.3.1 Mexico Parmesan Cheese Market by Type
7.1.5.3.2 Mexico Parmesan Cheese Market by Category
7.1.5.3.3 Mexico Parmesan Cheese Market by Nature
7.1.5.3.4 Mexico Parmesan Cheese Market by End User
7.1.5.4 Rest of North America Parmesan Cheese Market
7.1.5.4.1 Rest of North America Parmesan Cheese Market by Type
7.1.5.4.2 Rest of North America Parmesan Cheese Market by Category
7.1.5.4.3 Rest of North America Parmesan Cheese Market by Nature
7.1.5.4.4 Rest of North America Parmesan Cheese Market by End User
7.2 Europe Parmesan Cheese Market
7.2.1 Europe Parmesan Cheese Market by Type
7.2.1.1 Europe Powdered Market by Country
7.2.1.2 Europe Wheels Market by Country
7.2.1.3 Europe Shredded Market by Country
7.2.1.4 Europe Grated Market by Country
7.2.2 Europe Parmesan Cheese Market by Category
7.2.2.1 Europe Conventional Market by Country
7.2.2.2 Europe Organic Market by Country
7.2.3 Europe Parmesan Cheese Market by Nature
7.2.3.1 Europe Dairy Market by Country
7.2.3.2 Europe Vegan Market by Country
7.2.4 Europe Parmesan Cheese Market by End User
7.2.4.1 Europe Food Processing Market by Country
7.2.4.2 Europe Food Service Market by Country
7.2.4.3 Europe Food Retail Market by Country
7.2.5 Europe Parmesan Cheese Market by Country
7.2.5.1 Germany Parmesan Cheese Market
7.2.5.1.1 Germany Parmesan Cheese Market by Type
7.2.5.1.2 Germany Parmesan Cheese Market by Category
7.2.5.1.3 Germany Parmesan Cheese Market by Nature
7.2.5.1.4 Germany Parmesan Cheese Market by End User
7.2.5.2 UK Parmesan Cheese Market
7.2.5.2.1 UK Parmesan Cheese Market by Type
7.2.5.2.2 UK Parmesan Cheese Market by Category
7.2.5.2.3 UK Parmesan Cheese Market by Nature
7.2.5.2.4 UK Parmesan Cheese Market by End User
7.2.5.3 France Parmesan Cheese Market
7.2.5.3.1 France Parmesan Cheese Market by Type
7.2.5.3.2 France Parmesan Cheese Market by Category
7.2.5.3.3 France Parmesan Cheese Market by Nature
7.2.5.3.4 France Parmesan Cheese Market by End User
7.2.5.4 Russia Parmesan Cheese Market
7.2.5.4.1 Russia Parmesan Cheese Market by Type
7.2.5.4.2 Russia Parmesan Cheese Market by Category
7.2.5.4.3 Russia Parmesan Cheese Market by Nature
7.2.5.4.4 Russia Parmesan Cheese Market by End User
7.2.5.5 Spain Parmesan Cheese Market
7.2.5.5.1 Spain Parmesan Cheese Market by Type
7.2.5.5.2 Spain Parmesan Cheese Market by Category
7.2.5.5.3 Spain Parmesan Cheese Market by Nature
7.2.5.5.4 Spain Parmesan Cheese Market by End User
7.2.5.6 Italy Parmesan Cheese Market
7.2.5.6.1 Italy Parmesan Cheese Market by Type
7.2.5.6.2 Italy Parmesan Cheese Market by Category
7.2.5.6.3 Italy Parmesan Cheese Market by Nature
7.2.5.6.4 Italy Parmesan Cheese Market by End User
7.2.5.7 Rest of Europe Parmesan Cheese Market
7.2.5.7.1 Rest of Europe Parmesan Cheese Market by Type
7.2.5.7.2 Rest of Europe Parmesan Cheese Market by Category
7.2.5.7.3 Rest of Europe Parmesan Cheese Market by Nature
7.2.5.7.4 Rest of Europe Parmesan Cheese Market by End User
7.3 Asia Pacific Parmesan Cheese Market
7.3.1 Asia Pacific Parmesan Cheese Market by Type
7.3.1.1 Asia Pacific Powdered Market by Country
7.3.1.2 Asia Pacific Wheels Market by Country
7.3.1.3 Asia Pacific Shredded Market by Country
7.3.1.4 Asia Pacific Grated Market by Country
7.3.2 Asia Pacific Parmesan Cheese Market by Category
7.3.2.1 Asia Pacific Conventional Market by Country
7.3.2.2 Asia Pacific Organic Market by Country
7.3.3 Asia Pacific Parmesan Cheese Market by Nature
7.3.3.1 Asia Pacific Dairy Market by Country
7.3.3.2 Asia Pacific Vegan Market by Country
7.3.4 Asia Pacific Parmesan Cheese Market by End User
7.3.4.1 Asia Pacific Food Processing Market by Country
7.3.4.2 Asia Pacific Food Service Market by Country
7.3.4.3 Asia Pacific Food Retail Market by Country
7.3.5 Asia Pacific Parmesan Cheese Market by Country
7.3.5.1 China Parmesan Cheese Market
7.3.5.1.1 China Parmesan Cheese Market by Type
7.3.5.1.2 China Parmesan Cheese Market by Category
7.3.5.1.3 China Parmesan Cheese Market by Nature
7.3.5.1.4 China Parmesan Cheese Market by End User
7.3.5.2 Japan Parmesan Cheese Market
7.3.5.2.1 Japan Parmesan Cheese Market by Type
7.3.5.2.2 Japan Parmesan Cheese Market by Category
7.3.5.2.3 Japan Parmesan Cheese Market by Nature
7.3.5.2.4 Japan Parmesan Cheese Market by End User
7.3.5.3 India Parmesan Cheese Market
7.3.5.3.1 India Parmesan Cheese Market by Type
7.3.5.3.2 India Parmesan Cheese Market by Category
7.3.5.3.3 India Parmesan Cheese Market by Nature
7.3.5.3.4 India Parmesan Cheese Market by End User
7.3.5.4 South Korea Parmesan Cheese Market
7.3.5.4.1 South Korea Parmesan Cheese Market by Type
7.3.5.4.2 South Korea Parmesan Cheese Market by Category
7.3.5.4.3 South Korea Parmesan Cheese Market by Nature
7.3.5.4.4 South Korea Parmesan Cheese Market by End User
7.3.5.5 Singapore Parmesan Cheese Market
7.3.5.5.1 Singapore Parmesan Cheese Market by Type
7.3.5.5.2 Singapore Parmesan Cheese Market by Category
7.3.5.5.3 Singapore Parmesan Cheese Market by Nature
7.3.5.5.4 Singapore Parmesan Cheese Market by End User
7.3.5.6 Malaysia Parmesan Cheese Market
7.3.5.6.1 Malaysia Parmesan Cheese Market by Type
7.3.5.6.2 Malaysia Parmesan Cheese Market by Category
7.3.5.6.3 Malaysia Parmesan Cheese Market by Nature
7.3.5.6.4 Malaysia Parmesan Cheese Market by End User
7.3.5.7 Rest of Asia Pacific Parmesan Cheese Market
7.3.5.7.1 Rest of Asia Pacific Parmesan Cheese Market by Type
7.3.5.7.2 Rest of Asia Pacific Parmesan Cheese Market by Category
7.3.5.7.3 Rest of Asia Pacific Parmesan Cheese Market by Nature
7.3.5.7.4 Rest of Asia Pacific Parmesan Cheese Market by End User
7.4 LAMEA Parmesan Cheese Market
7.4.1 LAMEA Parmesan Cheese Market by Type
7.4.1.1 LAMEA Powdered Market by Country
7.4.1.2 LAMEA Wheels Market by Country
7.4.1.3 LAMEA Shredded Market by Country
7.4.1.4 LAMEA Grated Market by Country
7.4.2 LAMEA Parmesan Cheese Market by Category
7.4.2.1 LAMEA Conventional Market by Country
7.4.2.2 LAMEA Organic Market by Country
7.4.3 LAMEA Parmesan Cheese Market by Nature
7.4.3.1 LAMEA Dairy Market by Country
7.4.3.2 LAMEA Vegan Market by Country
7.4.4 LAMEA Parmesan Cheese Market by End User
7.4.4.1 LAMEA Food Processing Market by Country
7.4.4.2 LAMEA Food Service Market by Country
7.4.4.3 LAMEA Food Retail Market by Country
7.4.5 LAMEA Parmesan Cheese Market by Country
7.4.5.1 Brazil Parmesan Cheese Market
7.4.5.1.1 Brazil Parmesan Cheese Market by Type
7.4.5.1.2 Brazil Parmesan Cheese Market by Category
7.4.5.1.3 Brazil Parmesan Cheese Market by Nature
7.4.5.1.4 Brazil Parmesan Cheese Market by End User
7.4.5.2 Argentina Parmesan Cheese Market
7.4.5.2.1 Argentina Parmesan Cheese Market by Type
7.4.5.2.2 Argentina Parmesan Cheese Market by Category
7.4.5.2.3 Argentina Parmesan Cheese Market by Nature
7.4.5.2.4 Argentina Parmesan Cheese Market by End User
7.4.5.3 UAE Parmesan Cheese Market
7.4.5.3.1 UAE Parmesan Cheese Market by Type
7.4.5.3.2 UAE Parmesan Cheese Market by Category
7.4.5.3.3 UAE Parmesan Cheese Market by Nature
7.4.5.3.4 UAE Parmesan Cheese Market by End User
7.4.5.4 Saudi Arabia Parmesan Cheese Market
7.4.5.4.1 Saudi Arabia Parmesan Cheese Market by Type
7.4.5.4.2 Saudi Arabia Parmesan Cheese Market by Category
7.4.5.4.3 Saudi Arabia Parmesan Cheese Market by Nature
7.4.5.4.4 Saudi Arabia Parmesan Cheese Market by End User
7.4.5.5 South Africa Parmesan Cheese Market
7.4.5.5.1 South Africa Parmesan Cheese Market by Type
7.4.5.5.2 South Africa Parmesan Cheese Market by Category
7.4.5.5.3 South Africa Parmesan Cheese Market by Nature
7.4.5.5.4 South Africa Parmesan Cheese Market by End User
7.4.5.6 Nigeria Parmesan Cheese Market
7.4.5.6.1 Nigeria Parmesan Cheese Market by Type
7.4.5.6.2 Nigeria Parmesan Cheese Market by Category
7.4.5.6.3 Nigeria Parmesan Cheese Market by Nature
7.4.5.6.4 Nigeria Parmesan Cheese Market by End User
7.4.5.7 Rest of LAMEA Parmesan Cheese Market
7.4.5.7.1 Rest of LAMEA Parmesan Cheese Market by Type
7.4.5.7.2 Rest of LAMEA Parmesan Cheese Market by Category
7.4.5.7.3 Rest of LAMEA Parmesan Cheese Market by Nature
7.4.5.7.4 Rest of LAMEA Parmesan Cheese Market by End User

Chapter 8. Company Profiles
8.1 Kerry Group PLC
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.5.2 Acquisition and Mergers:
8.2 The Kroger Co.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Recent strategies and developments:
8.2.3.1 Partnerships, Collaborations, and Agreements:
8.3 The Kraft Heinz Company
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expense
8.4 Lactalis Group
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Acquisition and Mergers:
8.5 BelGioioso Cheese, Inc.
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Product Launches and Product Expansions:
8.5.2.2 Acquisition and Mergers:
8.6 All American Foods, Inc. (US Foods)
8.6.1 Company Overview
8.7 Bluegrass Ingredients, Inc.
8.7.1 Company Overview
8.8 Caseificio Sepertino s.n.c
8.8.1 Company Overview
8.9 Lactosan A/S (Thornico A/S)
8.9.1 Company Overview
8.10. Organic Valley
8.10.1 Company Overview

Companies Mentioned

  • Lactalis Group
  • Organic Valley
  • The Kraft Heinz Company
  • The Kroger Co.
  • Lactosan A/S (Thornico A/S)
  • Kerry Group PLC
  • BelGioioso Cheese, Inc.
  • Caseificio Sepertino s.n.c
  • All American Foods, Inc.
  • Bluegrass Ingredients, Inc.

Methodology

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