Parmigiano Reggiano: Record of 3.2 Billion Euros in Consumption in 2024

During the annual press conference at Palazzo Giureconsulti in Milan, the Parmigiano Reggiano Consortium reported its 2024 performance results. 

Despite a challenging geopolitical environment, uncertainty in international markets and concerns over increasing trade restrictions, overall, the turnover at consumption reached a historic high of 3.2 billion Euros compared to 3.05 billion in 2023, with an increase of 4.9%. Total sales volumes grew by 9.2% supported by a strong performance in the domestic market (+5.2%) and even more so in exports (+13.7%).

Producer prices also increased. In 2024, the average price for 12-month matured Parmigiano Reggiano rose to €11.0/kg, up 9% from €10.13/kg in 2023. For 24-month matured cheese, the price climbed to €12.5/kg with a 5% increase over the previous year's €11.90/kg.

For the Consortium one key takeaway from 2024 is clear: the future of Parmigiano Reggiano lies in international markets. Exports now account for 48.7% (72,440 tons), almost half of total sales, with a +13.7% growth. 

The five main international markets showed strong performances: USA (+13.4%), France (+9.1%), Germany (+13.3%), UK (+17.8%) and Canada (+24.5%). Growth was also recorded in Japan (+6.1%), the leading Asian market, and Australia (+28.2%). With 28.4 million Euros invested in marketing and communication, Parmigiano Reggiano confirmed the process started years ago to become a true global iconic brand, ready to meet the challenges posed by extremely large markets, where the large number of imitation products creates great confusion for customers. The Consortium is working to enhance the PDO distinctiveness, providing consumers with more information on its characteristics: maturation, origin, production process and taste, all elements that give the opportunity to stand out from competitors.

Overall, production remained stable compared to 2023: 4.079 million wheels vs 4.014 million in 2023 (+1.62%). As for the provinces in the area of production, Parma was the largest producer (1.362.226 wheels vs 1.350.415, +0.87%), followed by Reggio Emilia (1.217.128 wheels vs 1.217.380, -0.02%), Modena (877.874 wheels vs 860.971, +1.96), Mantua (507.631 wheels vs 476.361, +6.56) and Bologna (114.389 wheels vs 109.173, +4.77%).

“2024 was a challenging year for Parmigiano Reggiano, yet it ended with record results: turnover at consumption reached an all-time high of €3.2 billion, total sales volume rose by 9.2%, domestic sales increased by 5.2%, and most notably, exports grew by 13.7%,” Nicola Bertinelli, President of the Consortium, told That's Food and Drink.  She went on to tell us: “Looking ahead, we must increasingly invest in international market growth.

"With exports now nearing half of total sales at 48.7%, creating space in foreign markets is a necessity.  The United States,  our top international market, plays a crucial role in this context. The news of increased tariffs on Parmigiano Reggiano is disappointing, but as a premium product, price increases do not automatically reduce demand.  

"We aim to pursue diplomatic solutions to explain why such tariffs are unreasonable for a product that does not directly compete with American parmesan cheese.  We need to engage in meaningful dialogue —not on a bilateral level, but through the European Union— to avoid counterproductive trade wars.”

We are experiencing a time of great change, driven by ongoing conflicts, trade restrictions, and a shift in consumer values. Today's consumers seek products that feature authenticity and heritage—values embodied by Parmigiano Reggiano. Our goal is to make Parmigiano Reggiano not just a cheese, but a lifestyle, a true icon of Italian craftsmanship. The Consortium is ready to meet the challenges ahead.”

Parma Ham Invests in Sustainability and Ecological Transition

Following Parma Ham's two-year investment in sustainability, its producers can optimise performance whilst at the same time reducing their environmental impact.

The Parma Ham Consortium reports that it is strengthening its commitment to the sustainability of its producers by activating participation in the Made Green in Italy scheme for Parma Ham. 

The culmination of an initiative launched back in 2022; the programme achieves the stated goal of defining an environmental policy that supports Parma Ham producers by optimising their sustainability. 

The Parma PDO protection body collaborated with highly qualified partners of recognised authority: the Politecnico di Milano who led the implementation of the project, Enersem who developed the software and research, and CSQA, who championed the verification of the project.

Over the course of over two years, the partners calculated the environmental footprint of Parma Ham by applying the Product Environmental Footprint (PEF) methodology, a tool made available by the European Commission to Parma Ham and other products to assess the environmental impact of Parma Ham production. 

This research was made possible thanks to the involvement and active participation of producers under the Prosciutto di Parma Consortium (validated by the CSQA Certification Body).

As a result, the Consortium was qualified to activate the Made Green in Italy scheme for Parma Ham. The Ministry of Environment and Energy Security (MASE) created this national certification scheme to evaluate the environmental footprint of Made in Italy products and recognize those of high environmental quality. Participation in the scheme is voluntary.

During the project a software was created for calculating and reducing environmental footprints, technology used to optimise the performance of the entire production cycle. Producers can receive customised improvement indications which will aid in reducing their environmental footprint, as well as a report on their environmental performance. 

Alessandro Utini, President of the Parma Ham Consortium told That's Food and Drink: "The value of a product as unique as Parma Ham is also measured by its consistency with consumer needs and with the challenges of a rapidly changing world. The indissoluble bond that our Protected Designation of Origin has with its territory strengthens our commitment to minimise the impact generated by our production, which is why we are particularly proud to have conducted this project together with the Politecnico di Milano, Enersem and CSQA.”

For more information, please visit www.prosciuttodiparma.com or follow Parma Ham on Twitter and Instagram. 

What is the likely impact that President Donald Trump would have on the food and drink industry?

With the U.S. presidential election now conceded to Donald Trump, a new spotlight is on how his administration may shape the food industry. 

Particularly noteworthy is Trump’s alliance with Robert F. Kennedy Jr. (RFK Jr.), an outspoken advocate for reducing ultra-processed foods, cutting chemical additives, and promoting a “natural” food agenda. 

Here, we'll explore what this alignment could mean for the future of the American, and by extension, the global, food industry.

RFK Jr.’s Vision: A Shift to “Natural” Foods

RFK Jr. has gained a reputation as a staunch critic of conventional agricultural practices, especially those reliant on synthetic pesticides, additives, and highly processed foods. He argues these contribute to widespread health issues, including chronic disease and metabolic disorders. 

By promoting what he calls “clean food,” Kennedy envisions a system that moves away from pesticide-intensive farming and food additives and leans heavily on whole foods.

Trump has signalled a willingness to give Kennedy a prominent role in health and food policy, declaring his intention to “let [Kennedy] go wild on food and health” policy. If this relationship solidifies, Kennedy could play an influential role in reshaping regulatory frameworks and could push for significant policy changes in the U.S. Department of Agriculture (USDA) and Food and Drug Administration (FDA). 

This could include restrictions on commonly used food ingredients, seed oils, and certain pesticides, with a strong emphasis on moving away from ultra-processed foods​

A Potentially Disruptive Shift for Big Agribusiness

If Kennedy assumes control over food-related agencies, the impact on American agribusiness could be profound. During his first term, Trump’s administration relaxed many regulations, making it easier for agribusinesses to use chemicals and genetically modified crops. 

For instance, Trump’s Environmental Protection Agency (EPA) previously rejected petitions to ban chlorpyrifos, a pesticide with known neurological risks, and rolled back other environmental protections in support of productivity and lower costs in agriculture​

Kennedy’s approach, however, could take a hard turn from these policies. His advocacy includes stricter controls over pesticides and a ban on seed oils—both widely used in the industry. 

Many food lobbyists and industry representatives have already begun voicing concerns, fearing that a regulatory overhaul would increase costs, complicate production, and disrupt established agribusiness practices. Such changes would likely lead to higher prices across food sectors, impacting not only the U.S. market but also international trade and export prices.

Public Health Implications and Consumer Choice

Kennedy’s policies could appeal to growing consumer interest in “natural” foods and healthier eating habits. His agenda aligns with global trends toward transparency in food production, organic ingredients, and reductions in processed food consumption. 

If implemented, his ideas could lead to a stronger regulatory focus on labelling, potentially highlighting additives or synthetic chemicals and encouraging consumers to choose less processed, more nutritious options.

However, critics argue that such policies might oversimplify complex food science and could limit consumer choice by reducing affordable, accessible food options. For instance, restrictions on certain preservatives and additives could impact the shelf life of various products, making it harder to supply foods with long distribution times, especially in rural or lower-income areas. 

The debate over balancing health-focused policies with economic and practical considerations will likely be a hot topic if Kennedy’s views shape U.S. food policy​

An Uncertain Path Ahead?

While Kennedy’s impact could be extensive, it remains uncertain how much of his agenda would survive potential internal conflicts or legislative resistance. Trump’s alliance with Kennedy, though enthusiastic, might be tested as his pro-business leanings clash with Kennedy’s stricter approach to corporate influence and chemical use in food. Trump has indicated that he may try to keep Kennedy away from environmental regulatory roles, which suggests he may impose boundaries on Kennedy’s influence over food and agricultural policy​

In summary, a Trump-Kennedy administration could push the food industry toward a cleaner, less chemical-intensive future—at least in theory. But practical challenges, industry pushback, and potential costs to consumers mean that any transformation would face considerable hurdles. For now, consumers and businesses alike will have to wait and see if the “Make America Healthy Again” movement can transform rhetoric into reality.

(That's Food and Drink brings this article to the attention of our readers as a matter of public interest.)

Food producers should take Foodsteps

Foodsteps, a top food sustainability platform, has announced the launch of its Scope 3 Assessments to help food businesses meet rigorous sustainability reporting standards more easily and affordably. 

With new sustainability regulations like the Corporate Sustainability Reporting Directive (CSRD), California's Climate Corporate Data Accountability Act (SB253), and the IFRS S2 requiring detailed emissions reporting across Scopes 1, 2, and 3, food companies face mounting pressure to ensure transparency in their environmental impact.

Research shows up to 95% of a food company’s carbon footprint comes from Scope 3 emissions (related to supply chain activities). 

Foodsteps offers an industry-leading solution designed specifically at the food industry. The assessments give food companies granular carbon measurements that meet reporting requirements while also providing actionable insights for targeted decarbonisation.

Stephanie Pereira, Climate & Environment Impact Analyst at Compass Group UK&I, emphasised the impact of Foodsteps’ services: “Foodsteps analysed 1.7 million rows of food and beverage data with Compass. The insights from Foodsteps contributed to the development of Compass' Transition Plan, which is aligned to the goals of the UK government’s Transition Plan Taskforce. 

"Based on this successful experience, we partnered with Foodsteps once again to measure our FY24 food and beverage data. By working with Foodsteps on Scope 3 Assessments and recipe measurement, Compass has made evidence-based ingredient choices and utilised menu modelling to inform decisions, empowering stakeholders to drive change within their sectors.”

Foodsteps’ Scope 3 Assessments simplify regulatory compliance, such as with the CSRD, by reducing costs and enhancing data accuracy. Backed by a robust database of over 40,000 emissions factors and expert support from in-house data scientists, Foodsteps delivers reliable Scope 3 data tailored to the food industry. Beyond compliance, its assessments reveal emissions hotspots in supply chains, enabling businesses to make targeted reductions and rely less on costly offsets. Trusted by brands like KFC, Ella’s Kitchen, and Compass Group, Foodsteps has proven success in elevating sustainability credentials for leading food businesses.

Foodsteps Founder and Director, Anya Doherty said, “Decarbonising our food systems requires significant work, and Scope 3 data is key to unlocking this potential. With increasing regulatory demands for precise supply chain reporting, the food and beverage industry urgently needs accurate, comprehensive data. Foodsteps is proud to bring to market the first purpose-built solution for the food industry to tackle the complex but necessary exercise of measuring and reporting on Scope 3 emissions.”

With the launch of Scope 3 Assessments, Foodsteps supports food businesses in navigating sustainability reporting mandates while actively advancing decarbonisation goals. Food companies are encouraged to explore how Foodsteps’ assessments can ease regulatory burdens and build long-term value at www.foodsteps.earth.