Global Parmesan Cheese Market: Industry Analysis and Forecast (2021-2027) by Application, Type, Distribution Channel and Region

Global Parmesan Cheese Market size was valued at US$ 14.5 Bn. in 2019 and the total revenue is expected to grow at 3.0% through 2021 to 2027, reaching nearly US$ 19.0 Bn. Global Parmesan Cheese Market To know about the Research Methodology :- Request Free Sample Report 2019 is considered as a base year to forecast the market from 2019 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed specially with the impact of lockdown by region.

Global Parmesan Cheese Market Overview:

The global Parmesan cheese market is expected to grow at a CAGR of 3.0% during the forecast period. The market size of the global parmesan cheese market was valued at USD 15.0 Bn. in 2020, and it is expected to reach USD 19.0 Bn. by 2027. Parmesan cheese is a hard, granular, dry cheese produced from the milk of a cow. It has a long shelf life and straw-colored interior with a good flavour. Parmesan cheese is aged at least 12 to 36 months. Parmesan cheese is used & produced across the world. There are different flavors involved in parmesan cheese which are responsible for market growth. Due to coronavirus, the parmesan cheese market has seen a huge loss as the lockdown was imposed worldwide, strict restrictions in hotels/supermarkets/restaurants, disruptions of international supply chains, and international borders were closed badly affected the growth of the Parmesan cheese market.

Global Parmesan Cheese Market Dynamics:

The main driving factors of parmesan cheese are increasing consumer’s inclination towards fast food products, rising awareness towards different cheese flavors, rapidly changing lifestyles across the globe. Also, parmesan cheese provides various health benefits & prevents diseases. Parmesan cheese has a rich source of protein, calcium, vitamins- B6 & B12 make strong growth of the parmesan cheese market. Increasing preference towards cheese-based products makes manufacturers eager to launch new products & invest more in the food & beverage industry. Casein allergy, swelling, itching, obesity are the restraint factor for the parmesan cheese market. Also, some alternatives are available, such as cottage cheese, mozzarella, and soft goat’s cheese, which can hamper the parmesan cheese market. Price sensitivity is also the restraint for the growth of the parmesan cheese market. The rising inclination of consumers towards fast food products & convenience foods manufacturers are ready to promote parmesan cheese market by introducing new products/flavors, spending more time on R&D of the cheese market. Rising demand for tasty cheese, delicious flavors- fruity, nutty, savory, and sharp and sauces will drive the parmesan market in coming years.

Key Trends:

Increasing consumption of packaged cheese foods by consumers is the new trend of the parmesan cheese market. Growing units of store-based channels such as supermarkets in urban areas increase the demand for packaged foods. Another trend is the rising popularity & demand for cheese powder among consumers owing to its fresh, natural ingredients and authentic flavors. Grated parmesan cheese is the best form of parmesan cheese among consumers because it is used in pasta, soups.

Global Parmesan Cheese Market Segment Analysis:

The global parmesan cheese market is divided in main three types Application, Type, Distribution Channel. Based on Application, the global parmesan cheese market is sub-segmented into four types’ bakery and confectionery, sweet & savory snacks, sauces, dressings. In 2019, Sweets & Savory Snacks segments held the largest market share, xx%. Owing to changing lifestyle of consumers, changes taste & preference towards sweets and snacks products. The growing demand for sweets & snacks in developing countries like India & some Asian countries is driving the parmesan cheese market. However, the Sauce segment is expected to grow faster than other segments during the forecast period. Factors attributing to the segment's growth are sauce in pasta, pizza & vegetable at a high level. Global Parmesan Cheese Market 1 Based on Type, the global parmesan cheese market is sub-segmented into three type’s cheese blocks, grated parmesan cheese, powder. Grated parmesan cheese held the largest market share, xx% of the parmesan cheese market in 2019. Owing to the rising demand for grated parmesan cheese, it is ready-to-use fat, a rich source of nutrition and protein. According to the MMR report, grated parmesan cheese was most eaten in the U.S. in 2020. 194.0 Mn. Consumers preferred grated parmesan cheese in 2020. Based on Distribution Channel, the global parmesan cheese market is bifurcated into three types’ supermarket/hypermarket, convenience store, and online retail. The store-based distribution channel such as hypermarket & supermarket is dominating the highest market share xx% of the parmesan cheese market in 2019. Consumers prefer store-based channels due to easy access to the product, discounts/offers, etc. However, the online retail segment is anticipated to grow rapidly during the forecast period.

Global Parmesan Cheese Market Regional Insights:

North America region held the largest market share of the global parmesan cheese market in 2019, due to rising demand for cheese-based products, changing consumer lifestyle & taste, and launching different cheese flavors responsible for propelling the market growth. United States accounts 25% share of the global parmesan cheese market and is estimated to reach USD 3.8 Bn. in 2021. However, China is forecasted to grow at a CAGR of 3.5% and reach 1.5 Bn. during the forecast period. Also, some important markets for parmesan cheese, such as Japan, Canada & Germany, are expected to grow at a CAGR of 1.5%, 2.0%, and 2.5%, respectively, by the analysis period. Global Parmesan Cheese Market 2 The objective of the report is to present a comprehensive analysis of the global Parmesan Cheese market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Parmesan Cheese market dynamics, structure by analyzing the market segments and project the global Parmesan Cheese market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Parmesan Cheese market make the report investor’s guide.

Global Parmesan Cheese Market Scope: Inquire before buying

Global Parmesan Cheese Market 3

Global Parmesan Cheese Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Global Parmesan Cheese Market Key Players

Kane grade ltd. • Bluegrass dairy & foods • Commercial creamery • Kraft foods group • Bright dairy & food • Lactosan A/S • All American foods • Kerry group plc • Aar kay food products • Archer daniels midland • Saputo cheese • Sargento foods • Cheese merchants of America • Ambrosi s.p.a • Bertinelli

Frequently Asked Questions:

1. What would be the parmesan cheese market CCAGR during the forecast period (2021-2027)? Ans: Parmesan cheese market CAGR would be 3.0%. 2. What would be the parmesan market valuation by 2027? Ans: Parmesan market valuation would be USD 19.0 Bn. 3. Which region has highest growth rate in parmesan market? Ans: Asia Pacific is the growing at the highest CAGR during the forecast period. 4. What are the key driving factors in the parmesan cheese market? Ans: The key driving factors of parmesan cheese market are increasing consumer preference towards convenience & fast food products, increasing disposable income, emerging countries like India & China population is becoming much aware towards fast food products, increasing urbanization across the globe. 5. Which region has largest share in parmesan cheese market? Ans: North America holds largest share in 2020.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Parmesan Cheese Market Size, by Market Value (US$ Bn.) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Parmesan Cheese Market 3.4. Geographical Snapshot of the Parmesan Cheese Market, By Manufacturer share 4. Global Parmesan Cheese Market Overview, 2019-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Parmesan Cheese Market 5. Supply Side and Demand Side Indicators 6. Global Parmesan Cheese Market Analysis and Forecast, 2019-2027 6.1. Global Parmesan Cheese Market Size & Y-o-Y Growth Analysis. 7. Global Parmesan Cheese Market Analysis and Forecasts, 2019-2027 7.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 7.1.1. Bakery & Confectionery 7.1.2. Sweet & Savory snacks 7.1.3. Sauces 7.1.4. Dressings 7.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 7.2.1. Cheese Blocks 7.2.2. Grated Parmesan Cheese 7.2.3. Powder 7.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 7.3.1. Supermarket/Hypermarket 7.3.2. Convenience store 7.3.3. Online retail 8. Global Parmesan Cheese Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Parmesan Cheese Market Analysis and Forecasts, 2019-2027 9.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 9.1.1. Bakery & Confectionery 9.1.2. Sweet & Savory snacks 9.1.3. Sauces 9.1.4. Dressings 9.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 9.2.1. Cheese Blocks 9.2.2. Grated Parmesan Cheese 9.2.3. Powder 9.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 9.3.1. Supermarket/Hypermarket 9.3.2. Convenience store 9.3.3. Online retail 10. North America Parmesan Cheese Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Parmesan Cheese Market Analysis and Forecasts, 2019-2027 11.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 11.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 11.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 12. Canada Parmesan Cheese Market Analysis and Forecasts, 2019-2027 12.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 12.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 12.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 13. Mexico Parmesan Cheese Market Analysis and Forecasts, 2019-2027 13.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 13.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 13.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 14. Europe Parmesan Cheese Market Analysis and Forecasts, 2019-2027 14.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 14.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 14.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 15. Europe Parmesan Cheese Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Parmesan Cheese Market Analysis and Forecasts, 2019-2027 16.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 16.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 16.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 17. France Parmesan Cheese Market Analysis and Forecasts, 2019-2027 17.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 17.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 17.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 18. Germany Parmesan Cheese Market Analysis and Forecasts, 2019-2027 18.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 18.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 18.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 19. Italy Parmesan Cheese Market Analysis and Forecasts, 2019-2027 19.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 19.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 19.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 20. Spain Parmesan Cheese Market Analysis and Forecasts, 2019-2027 20.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 20.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 20.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 21. Sweden Parmesan Cheese Market Analysis and Forecasts, 2019-2027 21.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 21.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 21.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 22. CIS Countries Parmesan Cheese Market Analysis and Forecasts, 2019-2027 22.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 22.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 22.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 23. Rest of Europe Parmesan Cheese Market Analysis and Forecasts, 2019-2027 23.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 23.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 23.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 24. Asia Pacific Parmesan Cheese Market Analysis and Forecasts, 2019-2027 24.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 24.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 24.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 25. Asia Pacific Parmesan Cheese Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Parmesan Cheese Market Analysis and Forecasts, 2019-2027 26.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 26.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 26.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 27. India Parmesan Cheese Market Analysis and Forecasts, 2019-2027 27.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 27.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 27.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 28. Japan Parmesan Cheese Market Analysis and Forecasts, 2019-2027 28.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 28.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 28.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 29. South Korea Parmesan Cheese Market Analysis and Forecasts, 2019-2027 29.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 29.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 29.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 30. Australia Parmesan Cheese Market Analysis and Forecasts, 2019-2027 30.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 30.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 30.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 31. ASEAN Parmesan Cheese Market Analysis and Forecasts, 2019-2027 31.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 31.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 31.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 32. Rest of Asia Pacific Parmesan Cheese Market Analysis and Forecasts, 2019-2027 32.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 32.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 32.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 33. Middle East Africa Parmesan Cheese Market Analysis and Forecasts, 2019-2027 33.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 33.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 33.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 34. Middle East Africa Parmesan Cheese Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Parmesan Cheese Market Analysis and Forecasts, 2019-2027 35.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 35.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 35.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 36. GCC Countries Parmesan Cheese Market Analysis and Forecasts, 2019-2027 36.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 36.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 36.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 37. Egypt Parmesan Cheese Market Analysis and Forecasts, 2019-2027 37.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 37.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 37.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 38. Nigeria Parmesan Cheese Market Analysis and Forecasts, 2019-2027 38.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 38.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 38.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 39. Rest of ME&A Parmesan Cheese Market Analysis and Forecasts, 2019-2027 39.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 39.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 39.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 40. South America Parmesan Cheese Market Analysis and Forecasts, 2019-2027 40.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 40.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 40.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 41. South America Parmesan Cheese Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Parmesan Cheese Market Analysis and Forecasts, 2019-2027 42.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 42.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 42.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 43. Argentina Parmesan Cheese Market Analysis and Forecasts, 2019-2027 43.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 43.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 43.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 44. Rest of South America Parmesan Cheese Market Analysis and Forecasts, 2019-2027 44.1. Market Size (Value) Estimates & Forecast By Application, 2019-2027 44.2. Market Size (Value) Estimates & Forecast By Type, 2019-2027 44.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Parmesan Cheese Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Kane grade ltd. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Bluegrass dairy & foods 45.3.3. Commercial creamery 45.3.4. Kraft foods group 45.3.5. Bright dairy & food 45.3.6. Lactosan a/s 45.3.7. All Americans foods 45.3.8. Kerry group plc 45.3.9. Aar kay food products 45.3.10. Archer daniels midland 45.3.11. Saputo cheese 45.3.12. Sargento foods 45.3.13. Cheese merchants of Americca 45.3.14. Ambrosi s.p.a 45.3.15. Bertinelli 46. Primary Key Insights

About This Report

Report ID 113714
Category Food & Beverages
Published Date July 2021
Updated Date
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