Paneer Market Research Report 2023-2028: Growth, Top Companies Share, Size, and Forecast

IMARC Group has recently released a new research study titled "Paneer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

How big is the paneer market?

The global paneer market size reached US$ 9.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 14.5 Billion by 2028, exhibiting a growth rate (CAGR) of 7.6% during 2023-2028. 

Paneer refers to a fresh cheese, made by curdling heated milk with food acids such as lemon juice or vinegar. The process involves several steps, including the boiling of milk, the addition of the curdling agent, and finally, straining and pressing the resultant curd into solid blocks. This creates a product with unique culinary value, positioning paneer as an integral part of the global dairy products market.

Report Sample: https://www.imarcgroup.com/indian-cheese-market/requestsample

Market Trends and Growth Drivers:

The rising trend towards the consumption of protein-rich foods and the growing popularity of Indian cuisine globally are key elements propelling the growth of the paneer market worldwide. In line with this trend, paneer is increasingly recognized as an essential ingredient in various dishes, significantly influencing market growth.

Moreover, advancements in dairy processing technology have enabled the production of paneer with diverse textures and fat contents, further driving market growth. The emphasis on healthful eating, sustainability, and food safety is escalating the demand for paneer, as it aligns with these principles. This aspect, coupled with increasing consumer awareness regarding the nutritional benefits of paneer, is bolstering market growth.

Additionally, the rising demand from diverse sectors, including restaurants, supermarkets, and households for innovative and quality dairy solutions, is accelerating market expansion. Furthermore, the need for compliance with regulations pertaining to food safety, quality standards, and environmental sustainability is fuelling the market's growth. The potential economic benefits of efficient paneer production, due to its high demand and culinary appeal, are fostering further demand.

The global food and dairy landscape, together with governmental policies supporting sustainable farming practices and high-quality products, is creating a positive market outlook.

Other factors, such as investments in research for developing innovative paneer production methods, and the emergence of companies specialising in paneer production technology, are boosting market growth on a global scale.

Who are the key players operating in the industry?

Leading industry players are:

• Amul [Gujarat Cooperative Milk Marketing Federation (GCMMF)]
• Parag Milk Foods Ltd.
• Mother Dairy Fruits & Vegetables Pvt Limited
• Saras (Rajasthan Cooperative Dairy Federation Ltd.)
• VRS Foods Limited

Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=709&flag=C

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.