Market Overview:
The global paneer market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the global paneer market can be attributed to the increasing demand for paneer across different applications such as bakery & confectionery, sweet & savory snacks, sauces, dressings, dips and condiments, ready meals and others. In addition, rising disposable income of consumers coupled with changing food habits is also propelling the growth of the global paneer market. On the basis of type, soft paneer dominates the global panner market followed by semi-soft panner and medium-hard panner respectively. On account on application wise Bakery & Confectionery segment dominates followed by Sweet & Savory Snacks Segment whereas Sauces Dressing Dip and Condiments are growing rapidly in terms of value share over last few years .
Product Definition:
Paneer is a type of cheese that is made from cow's milk. It has a high protein content and a low fat content. It is used in many Indian dishes, such as curries and pakoras.
Soft Paneer:
Soft paneer is a fresh form of cheese which is made by heating the milk to 38 degrees centigrade, then adding an acid such as vinegar or lemon juice and Lastly mixing it with salt. The final product has a softer texture than regular cheese. It's taste and flavor are milder than that of hard cheese.
Semi-soft Paneer:
Semi-soft Paneer is a type of cheese that has been made using milk and contains less calcium than hard cheese. It can be used in many dishes like soups, salads, sandwiches or even as an ingredient in the main course. Semi-soft paneer is widely consumed by people across the globe due to its taste and health benefits.
Application Insights:
Bakery & confectionery accounted for a revenue share of more than 50% in 2017. Paneer is an excellent source of calcium, vitamin B6, and vitamin D. It is also a good source of protein and low in calories which makes it suitable for making various types of cakes, pastries, cookies, and muffins. These products are added to numerous beverages such as smoothies to increase their nutritional value along with taste resulting in increased demand from the bakery & confectionery segment.
Paneer finds its major application in sauces where it acts as a base ingredient owing to its neutral flavor profile that can be enhanced by adding various ingredients such as cream cheese or butterfat-based oils along with herbs and spices creating an exceptional range of flavorsome sauces that appeal across all regions globally.
Regional Analysis:
Europe dominated the global market in 2017 owing to high demand for cheese products from countries, such as Germany, U.K., and France. The region is expected to witness significant growth over the forecast period due to increasing consumption of dairy products among consumers. Asia Pacific is projected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 on account of rising product demand in India and China owing to its nutritional value along with easy availability at an affordable price. Moreover, increased production coupled with growing exports will drive the APAC regional market further.
The Middle East & Africa region is anticipatedto grow significantly overthe forecast period owingTo its abundant supplyof milk protein which has led it toprofit exporters across Europe.
Growth Factors:
- Increasing demand for paneer in the global food industry as a low-fat, high-protein alternative to meat and cheese.
- Rising income levels of consumers in developing countries, who are increasingly able to afford dairy products like paneer.
- Growing popularity of Indian cuisine around the world, which features many dishes made with paneer cheese.
- Increased investment by dairy processors in modernizing their production facilities to meet rising demand for paneer cheese worldwide. 5) Expansion of retail distribution networks for selling Indian specialty cheeses like paneer, which is helping to increase consumption among mainstream consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Paneer Market Research Report
By Type
Soft Paneer, Semi-soft Paneer, Medium-hard Paneer, Hard Paneer
By Application
Bakery & Confectionery, Sweet & Savory Snacks, Sauces, Dressings, Dips, and Condiments, Ready Meals, Other
By Companies
Arla Foods, Bongrain, Devondale Murray Goulburn, Fonterra, Leprino Foods, Friesland Campina, Groupe Lactalis, Almarai, Calabro Cheese Corporation, Bega Cheese, Bletsoe Cheese, Brunkow Cheese Factory, Burnett Dairy, Cady Cheese Factory, Dupont Cheese, Emmi, Hook'S Cheese Company, Kraft, Mother Dairy, Parag Milk Foods, Saputo, Sargento Foods, Beijing Sanyuan, Yili, Mengniu Dairy, Bright Dairy, Inner Mongolia Licheng, Knight Dairy, Shandong Tianjiao Biotech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Paneer Market Report Segments:
The global Paneer market is segmented on the basis of:
Types
Soft Paneer, Semi-soft Paneer, Medium-hard Paneer, Hard Paneer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bakery & Confectionery, Sweet & Savory Snacks, Sauces, Dressings, Dips, and Condiments, Ready Meals, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arla Foods
- Bongrain
- Devondale Murray Goulburn
- Fonterra
- Leprino Foods
- Friesland Campina
- Groupe Lactalis
- Almarai
- Calabro Cheese Corporation
- Bega Cheese
- Bletsoe Cheese
- Brunkow Cheese Factory
- Burnett Dairy
- Cady Cheese Factory
- Dupont Cheese
- Emmi
- Hook'S Cheese Company
- Kraft
- Mother Dairy
- Parag Milk Foods
- Saputo
- Sargento Foods
- Beijing Sanyuan
- Yili
- Mengniu Dairy
- Bright Dairy
- Inner Mongolia Licheng
- Knight Dairy
- Shandong Tianjiao Biotech
Highlights of The Paneer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Soft Paneer
- Semi-soft Paneer
- Medium-hard Paneer
- Hard Paneer
- By Application:
- Bakery & Confectionery
- Sweet & Savory Snacks
- Sauces, Dressings, Dips, and Condiments
- Ready Meals
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Paneer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Paneer is a type of cheese made from the milk of cows, buffaloes, or goats.
Some of the major companies in the paneer market are Arla Foods, Bongrain, Devondale Murray Goulburn, Fonterra, Leprino Foods, Friesland Campina, Groupe Lactalis, Almarai, Calabro Cheese Corporation, Bega Cheese, Bletsoe Cheese, Brunkow Cheese Factory, Burnett Dairy, Cady Cheese Factory, Dupont Cheese, Emmi, Hook'S Cheese Company, Kraft, Mother Dairy, Parag Milk Foods, Saputo, Sargento Foods, Beijing Sanyuan, Yili, Mengniu Dairy, Bright Dairy, Inner Mongolia Licheng, Knight Dairy, Shandong Tianjiao Biotech.
The paneer market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Paneer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Paneer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Paneer Market - Supply Chain
4.5. Global Paneer Market Forecast
4.5.1. Paneer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Paneer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Paneer Market Absolute $ Opportunity
5. Global Paneer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Paneer Market Size and Volume Forecast by Type
5.3.1. Soft Paneer
5.3.2. Semi-soft Paneer
5.3.3. Medium-hard Paneer
5.3.4. Hard Paneer
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Paneer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Paneer Market Size and Volume Forecast by Application
6.3.1. Bakery & Confectionery
6.3.2. Sweet & Savory Snacks
6.3.3. Sauces, Dressings, Dips, and Condiments
6.3.4. Ready Meals
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Paneer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Paneer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Paneer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Paneer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Paneer Demand Share Forecast, 2019-2029
9. North America Paneer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Paneer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Paneer Market Size and Volume Forecast by Application
9.4.1. Bakery & Confectionery
9.4.2. Sweet & Savory Snacks
9.4.3. Sauces, Dressings, Dips, and Condiments
9.4.4. Ready Meals
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Paneer Market Size and Volume Forecast by Type
9.7.1. Soft Paneer
9.7.2. Semi-soft Paneer
9.7.3. Medium-hard Paneer
9.7.4. Hard Paneer
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Paneer Demand Share Forecast, 2019-2029
10. Latin America Paneer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Paneer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Paneer Market Size and Volume Forecast by Application
10.4.1. Bakery & Confectionery
10.4.2. Sweet & Savory Snacks
10.4.3. Sauces, Dressings, Dips, and Condiments
10.4.4. Ready Meals
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Paneer Market Size and Volume Forecast by Type
10.7.1. Soft Paneer
10.7.2. Semi-soft Paneer
10.7.3. Medium-hard Paneer
10.7.4. Hard Paneer
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Paneer Demand Share Forecast, 2019-2029
11. Europe Paneer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Paneer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Paneer Market Size and Volume Forecast by Application
11.4.1. Bakery & Confectionery
11.4.2. Sweet & Savory Snacks
11.4.3. Sauces, Dressings, Dips, and Condiments
11.4.4. Ready Meals
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Paneer Market Size and Volume Forecast by Type
11.7.1. Soft Paneer
11.7.2. Semi-soft Paneer
11.7.3. Medium-hard Paneer
11.7.4. Hard Paneer
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
1110. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Paneer Demand Share, 2019-2029
12. Asia Pacific Paneer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Paneer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Paneer Market Size and Volume Forecast by Application
12.4.1. Bakery & Confectionery
12.4.2. Sweet & Savory Snacks
12.4.3. Sauces, Dressings, Dips, and Condiments
12.4.4. Ready Meals
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Paneer Market Size and Volume Forecast by Type
12.7.1. Soft Paneer
12.7.2. Semi-soft Paneer
12.7.3. Medium-hard Paneer
12.7.4. Hard Paneer
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Paneer Demand Share, 2019-2029
13. Middle East & Africa Paneer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Paneer Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Paneer Market Size and Volume Forecast by Application
13.4.1. Bakery & Confectionery
13.4.2. Sweet & Savory Snacks
13.4.3. Sauces, Dressings, Dips, and Condiments
13.4.4. Ready Meals
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Paneer Market Size and Volume Forecast by Type
13.7.1. Soft Paneer
13.7.2. Semi-soft Paneer
13.7.3. Medium-hard Paneer
13.7.4. Hard Paneer
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Paneer Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Paneer Market: Market Share Analysis
14.2. Paneer Distributors and Customers
14.3. Paneer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arla Foods
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bongrain
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Devondale Murray Goulburn
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fonterra
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Leprino Foods
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Friesland Campina
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Groupe Lactalis
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Almarai
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Calabro Cheese Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Bega Cheese
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bletsoe Cheese
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Brunkow Cheese Factory
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Burnett Dairy
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Cady Cheese Factory
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Dupont Cheese
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Emmi
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Hook'S Cheese Company
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Kraft
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Mother Dairy
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Parag Milk Foods
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook