The Europe Parmesan Cheese Market would witness market growth of 4.1% CAGR during the forecast period (2022-2028).
Parmesan is regarded as safe for pregnant women to consume. Parmigiano-Reggiano is also available in varieties that are Halal-certified and Kosher-certified, enabling people with dietary restrictions to take advantage of the cheese's flavor and health advantages. Parmesan can be a "wonderful supplement" to any well-rounded, balanced diet, even though it shouldn't be a large part of the diet.
Because they offer a quick snack service, bakeries and the foods they create are becoming increasingly popular worldwide. The demand for cheese snacks has increased due to more bakeries providing savory food options to their customers and their sweet offerings. The products that bakeries sell are tailored to the tastes of their customers. A recent increase in the popularity of eating gourmet cheese as a snack has led to a favorable market shift in favor of the product.
The hospitality sector is expanding in the Europe region. The area's large population and high level of disposable money are to blame. People also prefer ready-to-eat food items as a result of their hectic lifestyles. Supermarkets assist in increasing the availability of food products while also meeting consumer demand. The demand for snacks has increased as a result. Local big and small companies also contribute to the market's expansion. The region's populace is eager to try out novel baked snacks, which benefits the region's baking business. To manage and meet demand, the baking industry is erecting industrial ovens on a massive scale. All of them are anticipated to help the local parmesan cheese market expand.
The Germany market dominated the Europe Parmesan Cheese Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,699.3 million by 2028. The UK market is anticipated to grow at a CAGR of 3.2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 4.9% during (2022 - 2028).
Based on Type, the market is segmented into Powdered, Wheels, Shredded, and Grated. Based on Category, the market is segmented into Conventional and Organic. Based on Nature, the market is segmented into Dairy and Vegan. Based on End User, the market is segmented into Food Processing, Food Service, and Food Retail. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Parmesan Cheese Market will Hit $20 Billion by 2028, at a CAGR of 4.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Lactalis Group, Organic Valley, The Kraft Heinz Company, The Kroger Co., Lactosan A/S (Thornico A/S), Kerry Group PLC, BelGioioso Cheese, Inc., Caseificio Sepertino s.n.c, All American Foods, Inc., and Bluegrass Ingredients, Inc.
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