Key Market Trends & Insights
- Europe region dominated the global parmesan cheese market with the largest revenue share of 43% in 2024.
- Based on product type, the grated parmesan cheese segment dominated the parmesan cheese industry in 2024.
- By source, the cow’s milk segment held the largest share.
- By distribution channel, the supermarkets/hypermarkets segment was dominant.
Parmesan Cheese Market Trends
Innovations in plant-based and vegan cheese alternatives
The global market is witnessing significant shifts due to consumer demand for healthier and sustainable alternatives. Innovations in plant-based and vegan cheese products are reshaping the competitive landscape, attracting health-conscious and environmentally aware consumers. Manufacturers are exploring diverse ingredients such as nuts, oats, and coconut to replicate traditional Parmesan's taste and texture while offering lactose-free and low-cholesterol options.
List of key players in Parmesan Cheese Market
- Parmalat S.p.A.
- Groupe Lactalis
- Kraft Heinz Company
- Saputo Inc.
- Bel Group
- Lactalis American Group
- Dairy Farmers of America
- Granarolo S.p.A.
- Glanbia plc
- Frico B.V.
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Parmesan Cheese Market Segmentations
By Product Type (2021-2033)
- Grated Parmesan Cheese
- Powdered Parmesan Cheese
- Block/Slab Parmesan Cheese
By Source (2021-2033)
- Cow’s Milk
- Buffalo’s Milk
- Goat’s Milk
- Plant-based Milk
By Distribution Channel (2021-2033)
- Supermarkets/Hypermarkets
- Specialty Stores/Cheese Shops
- Online Retail/E-commerce
- Others
By Region (2021-2033)
- North America
- Europe
- APAC
- Middle East and Africa
- LATAM
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