Parmesan Cheese Market 2025-2033

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The global parmesan cheese market size was valued at USD 16.16 billion in 2024 and is projected to grow from USD 16.82 billion in 2025 to reach USD 23.14 billion by 2033, growing at a CAGR of 4.07% during the forecast period (2025–2033). The growing use of Parmesan in fast food

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

  1. Parmalat S.p.A.
  2. Groupe Lactalis
  3. Kraft Heinz Company
  4. Saputo Inc.
  5. Bel Group
  6. Lactalis American Group
  7. Dairy Farmers of America
  8. Granarolo S.p.A.
  9. Glanbia plc
  10. 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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