An economist might suggest letting a few producers fail, so supply shrinks, prices rises, and the remaining producers become more profitable. In fact, that same logic might apply to some other industries as well.
Yes, perfect competition is divinity sprit of free market, market adjust itself guided by divine invisible hand. Government should not intervene a such divine hand. Should stands as a regulator and observer. It should not creeping into free market interfering, alarming bell for future parmigiano cheese industry. Any way I am not a daily product eater so it doesn’t worry me whether cheese industry exist or not. An economic point of view, visible hand threatening the industry longevity
