Subscribe Login
DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
Fresh Produce

Parmesan Sales Up 15%, Grana Padano Sees 8% Growth

Packaged Parmigiano Reggiano sales grew by 15.1% year-on-year in the first nine months of 2020, according to data from the Parmigiano Reggiano Consortium

The price of Parmigiano Reggiano has risen 30% since June, while production increased by 5% between January to September 2020. 

In the first half of 2020, overall sales of Parmigiano Reggiano increased by 5.1% in Italy and 11.9% in foreign markets.

Data from Borsa Merci Parma suggests that the price of 12-month seasoned cheese increased from €7.55/kg in June 2020 to the current €10.00/kg, the Consortium added.

Grana Padano

Sales of Grana Padano DOP in Italy increased by 7.9% in the nine months of September 2020 to claim a 47.4% market share with Trentingrana, according to a report from the Grana Padano Consortium.

This growth was largely driven by the grated cheese segment (+12.3%), which now accounts for almost a third of Grana Padano DOP sales (31.1%).

It gained ground in supermarkets and discount stores (+11%), with the most significant growth recorded in South Italy (+11%), which now accounts for 30.9% of sales.

Data also revealed growth in exports (+3.75% in January-July 2020) and production (+4.7% in 2019 and +5.44% in Q1 2020).

Hard Cheese

Overall sales of hard cheese in the retail channel grew by just 0.9% between January to September 2020. 

The segment saw a 20.2% decline in market share as a result of challenges in out-of-home consumption due to the pandemic.

© 2020 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. Click subscribe to sign up to ESM: The European Supermarket Magazine.

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our Terms & Conditions and Privacy Policy
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days