diff --git a/datafusion-cli/src/functions.rs b/datafusion-cli/src/functions.rs
index 3ec446c51583..4a5df19dff30 100644
--- a/datafusion-cli/src/functions.rs
+++ b/datafusion-cli/src/functions.rs
@@ -540,7 +540,11 @@ impl TableFunctionImpl for MetadataCacheFunc {
         let mut hits_arr = vec![];
         let mut extra_arr = vec![];
 
-        let cached_entries = self.cache_manager.get_file_metadata_cache().list_entries();
+        let cached_entries = self
+            .cache_manager
+            .get_file_metadata_cache()
+            .expect("Default metadata cache should be present")
+            .list_entries();
 
         for (path, entry) in cached_entries {
             path_arr.push(path.to_string());
diff --git a/datafusion-examples/examples/benchmark.rs b/datafusion-examples/examples/benchmark.rs
new file mode 100644
index 000000000000..d265323b856e
--- /dev/null
+++ b/datafusion-examples/examples/benchmark.rs
@@ -0,0 +1,68 @@
+use datafusion::execution::cache::cache_manager::CacheManagerConfig;
+use datafusion::execution::cache::cache_unit::{
+    DefaultFileStatisticsCache, DefaultFilesMetadataCache,
+};
+use datafusion::execution::runtime_env::RuntimeEnvBuilder;
+use datafusion::prelude::{ParquetReadOptions, SessionConfig, SessionContext};
+use futures::future::join_all;
+use std::env;
+use std::sync::Arc;
+use std::time::Instant;
+
+#[tokio::main]
+async fn main() {
+    let args: Vec<String> = env::args().collect();
+    println!("Program path: {}", &args[0]);
+    println!("Arguments: {:?}", &args[1..]);
+
+    let metadata_cache = Arc::new(DefaultFilesMetadataCache::new(10737418240));
+    let cache = Arc::new(DefaultFileStatisticsCache::default());
+
+    let tasks: Vec<_> = (0..10).map(|i| {
+        let cache_option = args[1].clone();
+        let metadata_cache = metadata_cache.clone();
+        let cache = cache.clone();
+
+        tokio::spawn(async move {
+            let mut cache_manager_config = CacheManagerConfig::default();
+            if cache_option.contains("metadata_cache") {
+                println!("Adding metadata cache");
+                cache_manager_config = cache_manager_config.with_file_metadata_cache(Some(metadata_cache));
+            }
+            if cache_option.contains("statistics_cache") {
+                println!("Adding statistics cache");
+                cache_manager_config = cache_manager_config.with_files_statistics_cache(Some(cache));
+            }
+
+            let rt_builder = RuntimeEnvBuilder::new()
+                .with_cache_manager(cache_manager_config).build().expect("Expected the runtime to be created");
+
+            let mut sessionConfig = SessionConfig::default();
+            let config_options = sessionConfig.options_mut();
+            //config_options.execution.target_partitions = 1;
+
+            let ctx = SessionContext::new_with_config_rt(sessionConfig, Arc::new(rt_builder));
+            let query = "EXPLAIN SELECT SUM(\"AdvEngineID\"), COUNT(*), AVG(\"ResolutionWidth\") FROM hits";
+
+            ctx.register_parquet("hits", "/Users/abandeji/Public/workplace/datafusion/datafusion-examples/resources/hits.parquet", ParquetReadOptions::default()).await.unwrap();
+            let cache_enabled = ctx.runtime_env().cache_manager.get_file_metadata_cache();
+            println!("Cache enabled: {:?}", cache_enabled);
+
+            println!("Thread {} starting", i);
+            for j in 0..100 {
+                let timer = Instant::now();
+                let df = ctx
+                    .sql(query)
+                    .await.unwrap();
+
+                df.to_string().await.unwrap();
+
+                let time_taken = timer.elapsed().as_millis();
+                println!("Time Taken: {}", time_taken);
+            }
+            println!("Thread {} completed", i);
+        })
+    }).collect();
+
+    join_all(tasks).await;
+}
diff --git a/datafusion/core/src/datasource/file_format/parquet.rs b/datafusion/core/src/datasource/file_format/parquet.rs
index 088c4408fff5..36e52d76d270 100644
--- a/datafusion/core/src/datasource/file_format/parquet.rs
+++ b/datafusion/core/src/datasource/file_format/parquet.rs
@@ -197,7 +197,7 @@ mod tests {
         let file_metadata_cache =
             ctx.runtime_env().cache_manager.get_file_metadata_cache();
         let stats = DFParquetMetadata::new(&store, &meta[0])
-            .with_file_metadata_cache(Some(Arc::clone(&file_metadata_cache)))
+            .with_file_metadata_cache(file_metadata_cache.as_ref().map(Arc::clone))
             .fetch_statistics(&schema)
             .await?;
 
@@ -208,7 +208,7 @@ mod tests {
         assert_eq!(c2_stats.null_count, Precision::Exact(3));
 
         let stats = DFParquetMetadata::new(&store, &meta[1])
-            .with_file_metadata_cache(Some(Arc::clone(&file_metadata_cache)))
+            .with_file_metadata_cache(file_metadata_cache.as_ref().map(Arc::clone))
             .fetch_statistics(&schema)
             .await?;
 
@@ -391,8 +391,8 @@ mod tests {
         df_meta.fetch_metadata().await?;
         assert_eq!(store.request_count(), 2);
 
-        let df_meta =
-            df_meta.with_file_metadata_cache(Some(Arc::clone(&file_metadata_cache)));
+        let df_meta = df_meta
+            .with_file_metadata_cache(file_metadata_cache.as_ref().map(Arc::clone));
 
         // Increases by 3 because cache has no entries yet
         df_meta.fetch_metadata().await?;
@@ -422,8 +422,8 @@ mod tests {
         assert_eq!(store.request_count(), 10);
 
         // No increase, cache being used
-        let df_meta =
-            df_meta.with_file_metadata_cache(Some(Arc::clone(&file_metadata_cache)));
+        let df_meta = df_meta
+            .with_file_metadata_cache(file_metadata_cache.as_ref().map(Arc::clone));
         let stats = df_meta.fetch_statistics(&schema).await?;
         assert_eq!(store.request_count(), 10);
 
@@ -450,8 +450,8 @@ mod tests {
         let ctx = session.state();
         let file_metadata_cache =
             ctx.runtime_env().cache_manager.get_file_metadata_cache();
-        let df_meta =
-            df_meta.with_file_metadata_cache(Some(Arc::clone(&file_metadata_cache)));
+        let df_meta = df_meta
+            .with_file_metadata_cache(file_metadata_cache.as_ref().map(Arc::clone));
         // Increases by 1 because cache has no entries yet and new session context
         df_meta.fetch_metadata().await?;
         assert_eq!(store.request_count(), 2);
@@ -475,8 +475,8 @@ mod tests {
         let schema = format.infer_schema(&ctx, &store.upcast(), &meta).await?;
         assert_eq!(store.request_count(), 4);
         // No increase, cache being used
-        let df_meta =
-            df_meta.with_file_metadata_cache(Some(Arc::clone(&file_metadata_cache)));
+        let df_meta = df_meta
+            .with_file_metadata_cache(file_metadata_cache.as_ref().map(Arc::clone));
         let stats = df_meta.fetch_statistics(&schema).await?;
         assert_eq!(store.request_count(), 4);
 
@@ -499,8 +499,8 @@ mod tests {
         assert_eq!(store.request_count(), 1);
 
         // No increase because cache has an entry
-        let df_meta =
-            df_meta.with_file_metadata_cache(Some(Arc::clone(&file_metadata_cache)));
+        let df_meta = df_meta
+            .with_file_metadata_cache(file_metadata_cache.as_ref().map(Arc::clone));
         df_meta.fetch_metadata().await?;
         assert_eq!(store.request_count(), 1);
 
@@ -557,7 +557,7 @@ mod tests {
         let file_metadata_cache =
             state.runtime_env().cache_manager.get_file_metadata_cache();
         let stats = DFParquetMetadata::new(store.as_ref(), &files[0])
-            .with_file_metadata_cache(Some(Arc::clone(&file_metadata_cache)))
+            .with_file_metadata_cache(file_metadata_cache.as_ref().map(Arc::clone))
             .fetch_statistics(&schema)
             .await?;
         assert_eq!(stats.num_rows, Precision::Exact(4));
@@ -635,7 +635,7 @@ mod tests {
         let file_metadata_cache =
             state.runtime_env().cache_manager.get_file_metadata_cache();
         let stats = DFParquetMetadata::new(store.as_ref(), &files[0])
-            .with_file_metadata_cache(Some(Arc::clone(&file_metadata_cache)))
+            .with_file_metadata_cache(file_metadata_cache.as_ref().map(Arc::clone))
             .fetch_statistics(&schema)
             .await?;
         assert_eq!(store.request_count(), 6);
@@ -664,7 +664,7 @@ mod tests {
 
         // No increase in request count because cache is not empty
         let stats = DFParquetMetadata::new(store.as_ref(), &files[1])
-            .with_file_metadata_cache(Some(Arc::clone(&file_metadata_cache)))
+            .with_file_metadata_cache(file_metadata_cache.as_ref().map(Arc::clone))
             .fetch_statistics(&schema)
             .await?;
         assert_eq!(store.request_count(), 6);
diff --git a/datafusion/core/tests/sql/runtime_config.rs b/datafusion/core/tests/sql/runtime_config.rs
index 9627d7bccdb0..6afe6d39a31a 100644
--- a/datafusion/core/tests/sql/runtime_config.rs
+++ b/datafusion/core/tests/sql/runtime_config.rs
@@ -220,6 +220,7 @@ async fn test_test_metadata_cache_limit() {
             .runtime_env()
             .cache_manager
             .get_file_metadata_cache()
+            .expect("Default metadata cache should be present")
             .cache_limit()
     };
 
diff --git a/datafusion/datasource-parquet/src/file_format.rs b/datafusion/datasource-parquet/src/file_format.rs
index 963c1d77950c..b18b1b4cfd19 100644
--- a/datafusion/datasource-parquet/src/file_format.rs
+++ b/datafusion/datasource-parquet/src/file_format.rs
@@ -386,7 +386,9 @@ impl FileFormat for ParquetFormat {
                 let result = DFParquetMetadata::new(store.as_ref(), object)
                     .with_metadata_size_hint(self.metadata_size_hint())
                     .with_decryption_properties(file_decryption_properties.as_ref())
-                    .with_file_metadata_cache(Some(Arc::clone(&file_metadata_cache)))
+                    .with_file_metadata_cache(
+                        file_metadata_cache.as_ref().map(Arc::clone),
+                    )
                     .with_coerce_int96(coerce_int96)
                     .fetch_schema_with_location()
                     .await?;
@@ -447,7 +449,7 @@ impl FileFormat for ParquetFormat {
         DFParquetMetadata::new(store, object)
             .with_metadata_size_hint(self.metadata_size_hint())
             .with_decryption_properties(file_decryption_properties.as_ref())
-            .with_file_metadata_cache(Some(file_metadata_cache))
+            .with_file_metadata_cache(file_metadata_cache)
             .fetch_statistics(&table_schema)
             .await
     }
diff --git a/datafusion/datasource-parquet/src/reader.rs b/datafusion/datasource-parquet/src/reader.rs
index d0c008ad35cf..d8618cc6119a 100644
--- a/datafusion/datasource-parquet/src/reader.rs
+++ b/datafusion/datasource-parquet/src/reader.rs
@@ -165,13 +165,13 @@ impl ParquetFileReaderFactory for DefaultParquetFileReaderFactory {
 #[derive(Debug)]
 pub struct CachedParquetFileReaderFactory {
     store: Arc<dyn ObjectStore>,
-    metadata_cache: Arc<dyn FileMetadataCache>,
+    metadata_cache: Option<Arc<dyn FileMetadataCache>>,
 }
 
 impl CachedParquetFileReaderFactory {
     pub fn new(
         store: Arc<dyn ObjectStore>,
-        metadata_cache: Arc<dyn FileMetadataCache>,
+        metadata_cache: Option<Arc<dyn FileMetadataCache>>,
     ) -> Self {
         Self {
             store,
@@ -208,7 +208,7 @@ impl ParquetFileReaderFactory for CachedParquetFileReaderFactory {
             inner,
             file_metrics,
             file_meta,
-            metadata_cache: Arc::clone(&self.metadata_cache),
+            metadata_cache: self.metadata_cache.as_ref().map(Arc::clone),
             metadata_size_hint,
         }))
     }
@@ -222,7 +222,7 @@ pub struct CachedParquetFileReader {
     store: Arc<dyn ObjectStore>,
     pub inner: ParquetObjectReader,
     file_meta: FileMeta,
-    metadata_cache: Arc<dyn FileMetadataCache>,
+    metadata_cache: Option<Arc<dyn FileMetadataCache>>,
     metadata_size_hint: Option<usize>,
 }
 
@@ -253,7 +253,7 @@ impl AsyncFileReader for CachedParquetFileReader {
         #[allow(unused_variables)] options: Option<&'a ArrowReaderOptions>,
     ) -> BoxFuture<'a, parquet::errors::Result<Arc<ParquetMetaData>>> {
         let file_meta = self.file_meta.clone();
-        let metadata_cache = Arc::clone(&self.metadata_cache);
+        let metadata_cache = self.metadata_cache.as_ref().map(Arc::clone);
 
         async move {
             #[cfg(feature = "parquet_encryption")]
@@ -265,7 +265,7 @@ impl AsyncFileReader for CachedParquetFileReader {
 
             DFParquetMetadata::new(&self.store, &file_meta.object_meta)
                 .with_decryption_properties(file_decryption_properties)
-                .with_file_metadata_cache(Some(Arc::clone(&metadata_cache)))
+                .with_file_metadata_cache(metadata_cache)
                 .with_metadata_size_hint(self.metadata_size_hint)
                 .fetch_metadata()
                 .await
diff --git a/datafusion/execution/src/cache/cache_manager.rs b/datafusion/execution/src/cache/cache_manager.rs
index 3e0f4065d13f..80fac27d1531 100644
--- a/datafusion/execution/src/cache/cache_manager.rs
+++ b/datafusion/execution/src/cache/cache_manager.rs
@@ -15,7 +15,6 @@
 // specific language governing permissions and limitations
 // under the License.
 
-use crate::cache::cache_unit::DefaultFilesMetadataCache;
 use crate::cache::CacheAccessor;
 use datafusion_common::{Result, Statistics};
 use object_store::path::Path;
@@ -132,7 +131,7 @@ impl Debug for dyn FileMetadataCache {
 pub struct CacheManager {
     file_statistic_cache: Option<FileStatisticsCache>,
     list_files_cache: Option<ListFilesCache>,
-    file_metadata_cache: Arc<dyn FileMetadataCache>,
+    file_metadata_cache: Option<Arc<dyn FileMetadataCache>>,
 }
 
 impl CacheManager {
@@ -142,16 +141,12 @@ impl CacheManager {
 
         let list_files_cache = config.list_files_cache.as_ref().map(Arc::clone);
 
-        let file_metadata_cache = config
-            .file_metadata_cache
-            .as_ref()
-            .map(Arc::clone)
-            .unwrap_or_else(|| {
-                Arc::new(DefaultFilesMetadataCache::new(config.metadata_cache_limit))
-            });
+        let file_metadata_cache = config.file_metadata_cache.as_ref().map(Arc::clone);
 
-        // the cache memory limit might have changed, ensure the limit is updated
-        file_metadata_cache.update_cache_limit(config.metadata_cache_limit);
+        // Update cache limit if cache exists
+        if let Some(ref cache) = file_metadata_cache {
+            cache.update_cache_limit(config.metadata_cache_limit);
+        }
 
         Ok(Arc::new(CacheManager {
             file_statistic_cache,
@@ -171,13 +166,15 @@ impl CacheManager {
     }
 
     /// Get the file embedded metadata cache.
-    pub fn get_file_metadata_cache(&self) -> Arc<dyn FileMetadataCache> {
-        Arc::clone(&self.file_metadata_cache)
+    pub fn get_file_metadata_cache(&self) -> Option<Arc<dyn FileMetadataCache>> {
+        self.file_metadata_cache.as_ref().map(Arc::clone)
     }
 
     /// Get the limit of the file embedded metadata cache.
     pub fn get_metadata_cache_limit(&self) -> usize {
-        self.file_metadata_cache.cache_limit()
+        self.file_metadata_cache
+            .as_ref()
+            .map_or(0, |cache| cache.cache_limit())
     }
 }
 
diff --git a/datafusion/execution/src/runtime_env.rs b/datafusion/execution/src/runtime_env.rs
index db045a8b7e8a..609ace1f3b90 100644
--- a/datafusion/execution/src/runtime_env.rs
+++ b/datafusion/execution/src/runtime_env.rs
@@ -331,9 +331,7 @@ impl RuntimeEnvBuilder {
                 .cache_manager
                 .get_file_statistic_cache(),
             list_files_cache: runtime_env.cache_manager.get_list_files_cache(),
-            file_metadata_cache: Some(
-                runtime_env.cache_manager.get_file_metadata_cache(),
-            ),
+            file_metadata_cache: runtime_env.cache_manager.get_file_metadata_cache(),
             metadata_cache_limit: runtime_env.cache_manager.get_metadata_cache_limit(),
         };