Paneer Market Size, Share, Trends, Growth & Forecast to 2019-2024

Global Paneer Market Research Report and Forecast 2024

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Report Description Global Paneer Market Overview:

The latest report by IMARC Group, titled " Paneer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024�, finds that the global paneer market reached a volume of around 1.8 Million Tons in 2018, exhibiting a CAGR of 6.1% during 2011-2018. Paneer refers to a fresh, non-melting and unsalted white cheese which does not require aging or culturing. It is obtained by coagulating milk with a vegetable-derived acid and is characterized by a spongy and cohesive body with a close-knit texture and sweetish-acidic flavor. Paneer is rich in proteins, minerals, fats, iron, potassium, calcium and magnesium owing to which its consumption on a regular basis strengthens bones, maintains blood sugar levels and fluid balance, improves digestion, and helps in weight loss. Apart from this, as paneer is a coagulated form of casein which is a slow-digesting protein, it releases energy gradually. Owing to the numerous health benefits offered by paneer, it is preferred by athletes, bodybuilders, sprinters and other sports enthusiasts.

Global Paneer Market Trends Due to the presence of varied nutrients in paneer like riboflavin, zinc, selenium, pantothenic acid, thiamine, phosphorus and vitamin B12, it aids in enhancing metabolism, regulating blood pressure, forming cartilages and strengthening the immune system.

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157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2011

2012

2013

2014

2015

2016

2017

2018

In Billion US$

in Billion US$

Report Description

180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

As paneer is an extremely versatile ingredient, has an easy preparation process and saves cooking time, it is gaining traction globally. Looking forward, the global paneer market is anticipated to grow at a CAGR of 5.8% during 2019-2024, reaching a volume of 2.5 Million Tons by 2024.

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Due to these benefits, a growing number of health-conscious consumers is favoring paneer over its alternatives, thereby triggering the growth of the market across the globe. Moreover, owing to hectic lifestyles and altering food habits, the working population is shifting towards easy-to-prepare food products.

Key Market Segmentation: Market Segmentation by Region • • •

Asia Pacific North America Europe

On a geographical front, the global paneer market has been categorized into Asia Pacific, North America and Europe. Amongst these, Asia Pacific represents the leading market for paneer, accounting for the majority of the global share. This can be mainly attributed to the large-scale utilization of paneer in the preparation of numerous traditional food items across the region. Additionally, paneer is consumed as a substitute for meat products in countries like India owing to a huge vegetarian population.

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For more information, click here: https://www.imarcgroup.com/indian-cheese-market Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • • •

Amul Parag Milks Foods Mother Dairy Saras VRS Foods

Browse Related Report Paneer Market In India: https://www.imarcgroup.com/paneer-market-india Cheese Market Report: https://www.imarcgroup.com/cheese-manufacturing-plant

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