The valuation of the global parmesan cheese market is US$ 16.7 billion in 2022. Worldwide sales of parmesan cheese are estimated to increase to a value of US$ 22.1 billion by 2032-end, increasing at a CAGR of 2.8% between 2022 and 2032.
Parmesan cheese generally refers to hard and granular cheese that is produced from cow milk. This cheese is considered a rich source of protein and fat, which makes it more suitable for people who lack these nutrients. In addition, copper, vitamins B6 and B12, zinc, phosphorus, vitamin A, and calcium are some vital content that is present in parmesan cheese.
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Competitive Landscape
Some of the noticeable initiatives that are taken by industry players are as follows:
- Stella Cheese, in January 2022, announced that the brand is returning to its roots for the reintroduction of two beloved classics which stood against the test of time: Grana Padano and PDO-certified Parmigiano Reggiano cheeses. These products are imported from northern Italy.
Key Companies Profiled:
- Aar Kay Food Products Ltd.
- Saputo Inc.
- BelGioioso Cheese Inc.
- Organic Valley
- Kerry Group PLC
- The Kraft Heinz Company
- Panos Brands LLC
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Segmentation of Parmesan Cheese Industry Research
- By Product:
- Processed
- Unprocessed
- By Application:
- Bakery & Confectionery
- Snacks & Cereals
- Ready Meals
- Sweet & Savory Snacks
- Sauces, Dressings, Dips, and Condiments
- Other Applications
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Questionnaire answered in the Parmesan Cheese Market report include:
- How the market for Parmesan Cheese has grown?
- What is the present and future outlook of the global Parmesan Cheese on the basis of region?
- What are the challenges and opportunities for the Parmesan Cheese?
- Why the consumption of Parmesan Cheese highest in region?
- In which year segment is expected to overtake segment?
What makes Fact.MR report stand out from others?
- Fact.MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Parmesan Cheese market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.
- Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Parmesan Cheese market, thus, making it different and special from other reports.
- Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
- Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Parmesan Cheese market and assists to create strategies to overcome the obstacles that may hinder the growth of the Parmesan Cheese market.
- Leverage: The Parmesan Cheese market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
- Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
- Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Parmesan Cheese market.
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