Global Paneer Market Size To Exceed USD 20.8 Billion By 2035 | CAGR Of 6.23%

Global Paneer Market Size To Exceed USD 20.8 Billion By 2035

According to a research report published by Spherical Insights & Consulting, The Global Paneer Market Size is Expected To Grow from USD 10.7 Billion in 2024 to USD 20.8 Billion by 2035, at a CAGR of 6.23% during the forecast period 2025-2035. 

Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the"Global Paneer Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Fresh Paneer, Frozen Paneer, and Flavored Paneer), By Application (Household, Food Service Industry, and Food Processing Industry) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035. " Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/paneer-market          

The Global Paneer Market Size refers to the worldwide trade and consumption of paneer, a fresh, non-melting cheese valued for its high protein and versatility in various cuisines. It is expanding as consumers increasingly prefer plant-based and protein-rich foods, vegetarian and flexitarian diets, and convenient packaged products, while modern retail and foodservice channels drive availability and demand. Rising disposable incomes and the globalization of Indian cuisine further support market growth. However, the market faces challenges such as short shelf life due to perishability, limited cold-chain infrastructure, fluctuating milk prices, high production and logistics costs, and quality and regulatory issues that can restrain wider expansion.

The fresh paneer segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.   

Based on the product type, the paneer market is divided into fresh paneer, frozen paneer, flavored paneer. Among these, the fresh paneer segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Consumers drive the segment with preference for natural dairy, traditional dish use, household and restaurant demand, and organized retail accessibility.

The household segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.      

Based on the application, the paneer market is divided into household, food service industry, and food processing industry. Among these, the household applications segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The high paneer consumption in India drives production, while its convenience, nutrition, and health benefits are increasing household demand in global markets influenced by Indian cuisine.      

Asia Pacific is expected to hold the majority share of the global Paneer market during the forecast period.

Asia Pacific is expected to hold the majority share of the global paneer market during the forecast period. The regional growth due to high dairy consumption, large vegetarian population, strong cultural preference for paneer, and expanding foodservice and retail sectors.

North America is anticipated to grow at the fastest pace in the global paneer market during the forecast period. The growing Indian diaspora, the increasing trend of ethnic cuisines, the health-conscious consumers' protein demand, and the availability of these products through the regular retail outlets are the factors that drive the market.

Major vendors in the global paneer market are Amul, Mother Dairy, Parag Milk Foods, Gujarat Cooperative Milk Marketing Federation (GCMMF), Nandini (Karnataka Cooperative Milk Producers Federation), Britannia Industries, Nestlé, Hatsun Agro Product Ltd, Verka (Punjab State Cooperative Milk Producers Federation), VRS Foods Limited (Paras), Kwality Limited, Heritage Foods Limited, Milky Mist, Dairy Craft, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development 

• In June 2025, Chennai-based start-up Roll Baby Roll gained traction by incorporating global food trends, including bold fusion flavors and Korean-inspired ingredients, modernizing its kathi rolls, and expanding its presence in the quick-service sector.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the paneer market based on the below-mentioned segments: 

Global Paneer Market, By Product Type

• Fresh Paneer
• Frozen Paneer
• Flavored Paneer

Global Paneer Market, By Application

• Household
• Food Service Industry
• Food Processing Industry

Global Paneer Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa