Overview
The global Parmesan cheese market is experiencing steady growth, driven by increasing demand for premium, aged dairy products. The market is projected to reach USD 26.6 billion by 2034, growing from USD 14.6 billion in 2024, at a CAGR of 6.2% between 2025 and 2034. Europe remains the most influential region, holding a 49.2% share, equivalent to USD 7.1 billion, supported by a strong culinary heritage and established production standards.
Parmesan cheese is a hard, aged cow’s milk cheese known for its granular texture, intense umami flavor, and long shelf life. It is widely used across home cooking, restaurants, and food manufacturing, particularly in pasta dishes, soups, salads, and grated applications, where small amounts deliver strong taste.
Market growth is strongly linked to increasing consumer interest in premium foods and home-cooked Italian cuisine. Shoppers prefer ingredients that offer versatility, longer storage life, and bold flavor profiles, positioning Parmesan as a staple in modern kitchens.
Innovation is also reshaping the category. Alternative cheese startups are gaining momentum, supported by USD 12 million in seed funding for plant-based cheese launches in U.S. cities, €5 million raised in Italy for fermented vegan cheese development, and USD 17 million in Series A funding to scale solid-state fermentation platforms. Premium branding presents further opportunity, reinforced by high-profile lifestyle trends and European support, including a €20 million EU bank deal backing plant-based food expansion.
Top Key Players in the Market
The Kraft Heinz CompanySargento FoodsZanetti S.p.A.BertinelliFonterra Co-operative Group LimitedArla Foods ambaFrieslandCampinaSaputo Inc.Organic ValleySAVENCIA SA1. The Kraft Heinz Company
The Kraft Heinz Company is a global food and beverage manufacturer with a strong portfolio across sauces, condiments, cheese, meals, and packaged foods. The company operates across multiple continents and serves both retail and foodservice customers, leveraging well-established brands and large-scale manufacturing.
Its strategy focuses on brand renovation, product innovation, and improving operational efficiency. Kraft Heinz continues to strengthen its cheese and dairy presence through product upgrades and value-added formats that align with modern cooking habits. Sustainability, responsible sourcing, and long-term brand equity remain central to its global growth approach.
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HeadquartersChicago, Illinois & Pittsburgh, PennsylvaniaCEOCarlos Abrams-RiveraFounded2015Business TypeFood & Beverage ManufacturerKey ProductsCheese, sauces, meals, condimentsRevenueUSD 26 billion (approx.)Global Presence40+ countriesEmployees~37,000Market PositionGlobal packaged food leaderOwnershipPublic company2. Sargento Foods
Sargento Foods is a family-owned American cheese company recognized for its focus on natural cheese products. The company pioneered pre-packaged sliced and shredded cheese and remains closely associated with quality, consistency, and consumer trust in the U.S. retail market.
Its portfolio includes shredded, sliced, and snack cheeses that serve both households and foodservice operators. Sargento maintains a strong emphasis on innovation, employee culture, and long-term brand values.
HeadquartersPlymouth, Wisconsin, USAFounded1953FounderLeonard A. GentineOwnershipFamily-ownedProductsShredded, sliced, snack cheesesRevenueUSD 1.7 billion (approx.)Employees2,500+Manufacturing Sites5 facilitiesPrimary MarketUnited StatesIndustry FocusNatural cheese3. Zanetti S.p.A.
Zanetti S.p.A. is one of Italy’s largest producers of hard cheeses, particularly Grana Padano and Parmigiano Reggiano. The company blends traditional Italian cheesemaking with modern processing and large-scale export
capabilities.
With a strong international footprint, Zanetti supplies premium Italian cheeses to global retail and foodservice markets. Its focus on protected designation cheeses reinforces its leadership in authentic Italian dairy products.
HeadquartersItalyBusiness TypeFamily-owned dairy companyKey ProductsGrana Padano, Parmigiano ReggianoExport Markets110+ countriesTurnover~EUR 750 millionMilk Processing6,100 hl/dayMaturation Capacity1 million cheese wheelsGenerations5th generation family businessMarket PositionLeading Italian cheese exporterSpecializationPDO cheeses4. Bertinelli
Caseificio Bertinelli is an artisanal Parmigiano Reggiano producer with roots dating back more than a century. The company operates under strict traditional methods while integrating sustainable agriculture and animal
welfare practices.
Bertinelli focuses on premium, long-aged Parmigiano Reggiano targeted at gourmet and specialty markets. Its brand is closely tied to authenticity, traceability, and environmental responsibility.
HeadquartersNoceto, ItalyFounded1895Business TypeFamily-owned artisanal dairyProductsParmigiano ReggianoProduction StyleTraditional & artisanalKey FocusSustainability & qualityMarket SegmentPremium cheeseCertificationsPDO compliantCore StrengthHeritage productionExport OrientationYes5. Fonterra Co-operative Group Limited
Fonterra is a New Zealand-based dairy cooperative owned by thousands of farmer shareholders. It plays a major role in global dairy trade, supplying ingredients, consumer dairy products, and cheese to markets worldwide.
The cooperative model allows Fonterra to control quality from farm to finished product. Its cheese portfolio supports both consumer and industrial applications across Asia, Oceania, and the Americas.
HeadquartersAuckland, New ZealandFounded2001OwnershipFarmer-owned cooperativeProductsCheese, milk, dairy ingredientsRevenueUSD 26 billion (approx.)Global RankTop global dairy exporterExport Share~30% of global dairy exportsKey BrandsAnchor, MainlandMarket Reach100+ marketsBusiness ModelIntegrated dairy supply chain6. Arla Foods amba
Arla Foods is a European farmer-owned dairy cooperative producing milk, cheese, butter, and dairy nutrition products. The company is well known for combining scale with sustainability-driven dairy farming.
Arla’s cheese portfolio serves both everyday consumption and premium segments. Its climate-focused farming programs strengthen its long-term competitiveness in environmentally conscious markets.
HeadquartersViby, DenmarkOwnershipFarmer-owned cooperativeProductsCheese, milk, butterRevenueEUR 13+ billionFarmer Members8,000+Market Reach100+ countriesSustainability ProgramFarmAhead™Key FocusLow-carbon dairyBusiness ModelCooperativeIndustry PositionLeading European dairy group7. FrieslandCampina
FrieslandCampina is a Dutch dairy cooperative with more than a century of history. The company produces a wide range of consumer and nutrition-focused dairy products for global markets.
Its cheese and dairy offerings are supported by strong farmer integration and long-term sustainability initiatives aimed at ensuring consistent milk quality and supply security.
HeadquartersAmersfoort, NetherlandsOwnershipDairy cooperativeFounded1871ProductsCheese, dairy nutritionRevenueEUR 13 billion (approx.)Member Farms14,000+Global ReachWorldwideKey BrandsDutch Lady, FrisoCore StrengthNutrition & dairy expertiseBusiness FocusValue-added dairy8. Saputo Inc.
Saputo Inc. is a Canada-based multinational dairy processor with operations across North America, Europe, Australia, and South America. The company has grown through strategic acquisitions and organic expansion. Saputo’s cheese business spans mozzarella, cheddar, specialty, and ingredient cheeses, serving both consumer and foodservice markets with a strong global manufacturing network.
HeadquartersMontreal, CanadaFounded1954FounderGiuseppe SaputoProductsCheese, milk, dairy ingredientsRevenueCAD 18+ billionGlobal RankTop 10 dairy processorsMarkets Served5 continentsBusiness ModelIntegrated dairy processingCore StrengthCheese manufacturingOwnershipPublic company9. Organic Valley
Organic Valley is a U.S. farmer-owned cooperative specializing in certified organic dairy and food products. The cooperative supports small-scale farmers while promoting organic and regenerative agricultural practices. Its cheese offerings focus on clean-label, organic positioning and appeal strongly to health-conscious and sustainability-driven consumers.
HeadquartersLa Farge, Wisconsin, USAFounded1988OwnershipFarmer-owned cooperativeProductsOrganic cheese, milk, butterMarket FocusOrganic foodsFarmer Members1,600+CertificationUSDA OrganicCore StrengthOrganic dairy leadershipBusiness ModelCooperativeSustainability FocusRenewable energy & organic farming10. Savencia SA
Savencia SA is a France-based global dairy group specializing in high-value cheese and dairy specialties. The company operates through a decentralized model that supports local brands and regional expertise. Savencia’s cheese portfolio spans premium, specialty, and functional segments, reinforcing its position as one of the world’s largest cheese producers.
HeadquartersViroflay, FranceFounded1956Business TypePublic companyProductsCheese, dairy specialtiesRevenueEUR 7.1 billionGlobal RankTop 5 cheese producersCountries Present120+Employees21,000+Core FocusPremium & specialty dairyBusiness ModelDecentralized operationsConclusion
Parmesan cheese continues to hold a strong position in global food culture due to its rich flavor, long shelf life, and wide culinary versatility. Its ability to enhance taste with small quantities makes it a preferred choice for both home cooking and professional kitchens. Growing interest in premium ingredients, traditional cheese-making, and Italian-style cuisine supports steady demand across regions.
At the same time, innovation in packaging, aging techniques, and alternative formulations is helping the category evolve with modern food trends. As consumers increasingly value quality, authenticity, and functionality in everyday ingredients, Parmesan cheese remains a timeless and reliable staple within the global cheese landscape.
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