About Parmesan Cheese
Parmigiano cheese is a hard-Italian cheese, that is manufactured from skimmed, unpasteurized cow’s milk. These cheese industries are gaining major demand in Italy because of rise in adoption of fast foods. The businesses operating in this industry are concentrating more towards on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focus on maintaining sustainable development.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The businesses are exploring the market in new counties by accepting various market growth strategies such as mergers & acquisitions, expansions, investments, new product launches and collaborations as their strategies. The market players are exploring new areas through growths and acquisitions across the globe to benefit competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Parmesan Cheese market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
SAVIOLA (Italy), Land O' Lakes, Inc. (United States), Kraft Heinz Company (United States), ADM (United States), Lactosan A/S (Denmark), Aarkay Food Products Ltd. (India), All American Foods (United States), Commercial Creamery Company (United States), Kanegrade Limited (United Kingdom) and Dairy Farmers of America (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Sartori (United States), Global Advice Srl (Italy) and Grande Cheese Company (United States).
Segmentation Overview
AMA Research has segmented the market of Global Parmesan Cheese market by , Application (Bakery and Confectionery, Sweet and Savoury Snacks, Sauces, Dressings, Dips and Other Applications) and Region.
On the basis of geography, the market of Parmesan Cheese has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Cheese Blocks will boost the Parmesan Cheese market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. Online Retail will boost the Parmesan Cheese market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Material, the sub-segment i.e. Plastic Packaging will boost the Parmesan Cheese market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development in Packaging Techniques
Market Growth Drivers:
Increasing Demand for Convenience Food and Growing Fast Food Industry
Challenges:
Rising Awareness Regarding the Ill-Health Effects of Cheese
Restraints:
Labelling Regulations
Opportunities:
Rising Awareness About Cheese Powder and Development in Processed Food Industries
Market Leaders and their expansionary development strategies
In December 2021, Lactalis Canada adds Kraft Heinz’s Grated cheese business to its growing portfolio as part of the Group’s U.S. affiliate completing its acquisition of Kraft Heinz’s Natural, Grated, Cultured and Specialty cheese businesses in the United States and entire international cheese business outside North America.
In Jan 2020, The Parmigiano Reggiano Consortium announced the agreement with Whole Foods to enhance their presence of Parmigiano Reggiano more than 500 stores across the United States, Canada, and the United Kingdom. Through this initiative the company enhance its distribution channels and gain major market share.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, Parmesan Cheese Manufacturers, Suppliers, and Distributors, Raw Materials Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.