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According to the report, the global paneer market reached a value of US$ 8.7 Billion in 2021. 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. This report provides historical volume, value and price trends of paneer during 2016-2021 and forecasts till 2027.
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 (2016-2021) and future (2022-2027) 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. Looking forward, IMARC Group expects the market to reach US$ 13.6 Billion by 2027, exhibiting at a CAGR of 7.87% during 2022-2027.
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.
The global paneer market reached a value of US$ 8.7 Billion in 2021.
According to the estimates by IMARC Group, the global paneer market is expected to exhibit at a CAGR of 7.87% during 2022-2027.
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 Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF), Parag Milk Foods Ltd., Mother Dairy Fruit & Vegetable Pvt Ltd., Bhilwara Zila Dugdh Utpadak Sahkari Sangh Limited and VRS Foods Limited.
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