Parmesan cheese market seen reaching $31.55 billion by 2035

The global Parmesan cheese market is projected to nearly double from 2025 to 2035 as premium dairy demand, international cooking, and foodservice use expand. Market Research Future said the category should grow across retail, online, and industrial channels, with Asia-Pacific emerging as a key growth region.

Why it matters: - Parmesan cheese is moving from a niche Italian specialty to a mainstream global ingredient. - Rising demand for premium, authentic, and convenient dairy products is expanding sales across households, restaurants, and food manufacturers. - The market is also benefiting from broader use in processed foods, ready meals, and foodservice menus.

What happened: - Market Research Future said the global Parmesan Cheese Market was valued at USD 16.72 billion in 2025. - The firm projects the market will reach USD 31.55 billion by 2035. - That outlook implies a 6.55% compound annual growth rate from 2026 to 2035. - The report said Parmesan cheese is seeing broader adoption in pasta, salads, bakery products, snacks, sauces, and gourmet recipes. - The report was distributed July 9, 2026. - A free sample report is available here.

The details: - Premiumization is a key demand driver, with consumers paying more for quality, authenticity, and flavor. - Home cooking trends are increasing demand for grated, shredded, and powdered Parmesan formats. - Food delivery growth and restaurant expansion are lifting commercial demand for Parmesan as a finishing ingredient. - Western-style cuisine adoption in emerging markets is widening the customer base. - Digital food content, including cooking videos, food blogs, and social media, is boosting awareness of cheese varieties and uses. - Supermarkets, specialty stores, hypermarkets, and online grocery platforms are improving access to Parmesan products. - E-commerce is helping imported and premium cheese products reach more buyers. - Food makers are using Parmesan in packaged meals, frozen foods, sauces, snacks, and convenience products. - Product formats now include blocks, grated cheese, shredded cheese, and powder forms. - Block Parmesan remains tied to traditional preparation and fresh grating. - Grated and shredded versions are gaining share because they are easier to use. - Powdered Parmesan is seeing use in seasoning and processed food applications because of shelf life and ease of handling. - Dairy Parmesan remains the dominant source segment because of established production methods and consumer acceptance. - Vegan Parmesan-style products are entering the market as plant-based eating grows. - Producers are also emphasizing sustainability through sourcing, packaging, and production changes. - On-trade distribution covers restaurants, hotels, cafes, catering services, and foodservice operators. - The on-trade segment is projected to grow at a 6.16% CAGR. - Off-trade channels include supermarkets, grocery stores, specialty stores, and online retail. - The report names Lactalis, Kraft Heinz, Saputo, BelGioioso, Zanetti, Ambrosi, Emmi, Agriform, Sargento, and Granarolo as key companies in the market.

Between the lines: - The market is being shaped by two forces at once: consumers want premium, authentic products, and they also want more convenience. - That combination is pushing manufacturers toward value-added formats and broader retail availability. - Plant-based alternatives are not replacing Parmesan, but they are creating a new competitive lane. - Regional growth suggests established cheese markets still matter, but future volume gains may come more from Asia-Pacific and other developing markets.

What's next: - Manufacturers are likely to keep expanding product formats and packaging aimed at home cooks and foodservice buyers. - Online retail and organized grocery chains should remain important distribution channels. - Companies that combine authenticity, consistent quality, and convenience are positioned to benefit most through 2035. - The Asia-Pacific market is expected to grow at a 5.31% CAGR, making it a key expansion region. - Latin America and the Middle East & Africa are also expected to post gradual gains as premium dairy demand rises.

The bottom line: - Parmesan cheese is evolving into a global growth category, not just a specialty import, with premium demand and convenience driving the next decade of expansion.