Paneer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032

Paneer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A709
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Market Overview:

The global paneer market size reached US$ 10.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 18.1 Billion by 2032, exhibiting a growth rate (CAGR) of 6.5% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 10.1 Billion
Market Forecast in 2032
US$ 18.1 Billion
Market Growth Rate 2024-2032 6.5%


Fusion of inter-regional tastes and cuisines, penetration of paneer in western fast-foods, growing population and changing dietary habits currently represent some of the key factors driving the global demand of this product.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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On a regional level, the report has analyzed the paneer market in the following regions – Asia, Europe, North America and Others. According to the report, Asia is currently the biggest market of paneer. For each of the regions, this report provides both historical (2018-2023) and future (2024-2032) trends in the paneer market. Other important market engineering aspects such as the competitive landscape, margin analysis, import and export, porters five forces analysis, value chain analysis, etc. have also been thoroughly evaluated in this report.

The report also provides a detailed technical insight on setting up and operating a paneer manufacturing plant. This includes the manufacturing process, machinery requirements, land requirements, labour requirements, packaging requirements, transportation requirements, power requirements, incomes, expenditures, profit margins, NPV, IRR, etc. In order to provide a clearer picture, the report has also presented this information in the form of a dynamic excel model where users can analyse the entire information and also change various inputs according to their requirements.

The study, which has been done by one of the world’s leading research and advisory firms, covers all the requisite aspects of the global paneer industry. This ranges from macro overview of the market to micro details of the industry performance, manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the paneer industry in any manner.

Key Questions Answered in This Report

The global paneer market reached a value of US$ 10.1 Billion in 2023.

According to the estimates by IMARC Group, the global paneer market is expected to exhibit at a CAGR of 6.5% during 2024-2032.

Paneer helps in enhancing metabolism, regulating blood pressure, forming cartilages and increasing immunity. Due to increasing health consciousness and changing dietary patterns, the demand for paneer is escalating worldwide.

The increasing utilization of paneer in western fast-foods and fusion cuisines is acting as one of the major trends in the global paneer market.

Due to the spread of the coronavirus disease (COVID-19), consumer focus has shifted toward nutritious vegetarian food items, such as paneer. However, disruptions in supply chains have resulted in unmet consumer demand.

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.), and VRS Foods Limited

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Paneer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032
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