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.