Market Size of Global Packaged Parmesan Cheese Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 2.30 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Parmesan Cheese Market Analysis
The global packaged Parmesan cheese market is projected to grow at a CAGR of 2.3% during the forecast period (2020-2025).
- The consumer's preference for cheese powder with additional nutritional benefits such as low fat content, free of carbs as well as less/no lactose content are some of the major factors has resulted in an increasing demand for packaged Parmesan cheese across the globe.
- The popularity of Parmesan cheese will continue to grow, and that more consumers may trend towards shredded Parmesan cheese primarily because of its rich flavor and functionality (melting) attributes in food items such as pizza and pasta. Thus the companies engaged in manufacturing of grated Parmesan cheese market will continue to enjoy strong sales in the market during the forecast period.