Market for parmesan cheese is growing in Italy

Published 2023년 5월 22일

Tridge summary

The Fact.MR report forecasts that the Parmesan cheese market will grow to USD 22.1 billion by 2032, with a 2.8% increase in demand. The cheese's suitability for people with lactose intolerance, its longer shelf life, and its increasing offering in packaged forms are contributing to this growth. However, the market is competitive with new entrants planning to start new ventures and plans to set up larger production facilities in the next ten years. This article also promotes the Dairy Farm trade journal, which provides in-depth industry news and insights.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the latest published report by market research firm Fact.MR, the Parmesan cheese market will grow to USD 22.1 billion by the end of 2032. Demand is expected to increase by 2.8 percent. At the end of 2021, the production of Parmesan cheese reached about 163.7 thousand tons in the country. Parmesan cheese contains a negligible amount of lactose, making the product suitable for people with lactose intolerance. The home consumption of this type of cheese is likely to increase in the coming years. In addition, the cheese is increasingly offered packaged. The longer shelf life also contributes to strengthening demand on the world market. The market for this cheese is competitive as new entrants have plans to start new ventures. Furthermore, positive news regarding the large-scale production of this cheese and plans to set up larger production facilities in the next ten years. Do you want to read the whole article? Or the best articles and reports at home on the mat? With a ...

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