Cheese Substitutes - CIS

CIS

Highlights

Revenue in the Cheese Substitutes market amounts to US$29.44m in 2024. The market is expected to grow annually by 6.98% (CAGR 2024-2029).
In global comparison, most revenue is generated United States (US$248m in 2024).
In relation to total population figures, per person revenues of US$0.12 are generated in 2024.
In the Cheese Substitutes market, volume is expected to amount to 2.35m kg by 2029. The Cheese Substitutes market is expected to show a volume growth of 5.2% in 2025.0.
The average volume per person in the Cheese Substitutes market is expected to amount to 0.0kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Cheese Substitutes market in CIS is experiencing minimal growth, impacted by various factors such as increasing health consciousness and the convenience of online alternatives. This market is part of the larger Dairy Products & Eggs market in the Food industry, which is seeing a slow but steady increase in demand.

Customer preferences: As consumer awareness and interest in sustainable and plant-based diets continue to grow, there has been a rise in demand for cheese substitutes made from alternative ingredients such as nuts, soy, and coconut. This trend is driven by a growing number of individuals looking for healthier and environmentally-friendly options, as well as those with dietary restrictions such as lactose intolerance. Additionally, the rise of flexitarianism, where individuals choose to reduce their meat and dairy consumption, has also contributed to the increasing popularity of cheese substitutes.

Trends in the market: In the CIS and Cheese Substitutes Market of the Dairy Products & Eggs Market, there is a noticeable trend towards plant-based cheese substitutes, driven by the increasing demand for vegan and vegetarian options. This trend is expected to continue in the coming years, with consumers becoming more health-conscious and environmentally aware. Additionally, there is a growing trend towards clean-label and natural cheese substitutes, as consumers seek out products with simpler and more transparent ingredient lists. This shift in consumer preferences presents opportunities for industry stakeholders to innovate and diversify their product offerings, meeting the changing demands of the market.

Local special circumstances: In the CIS region, the Cheese Substitutes Market of the Dairy Products & Eggs Market is heavily influenced by the region's rich history of dairy consumption and traditional cheese-making techniques. This has resulted in a market that values artisanal and locally sourced products, with a focus on natural and organic ingredients. Additionally, stringent regulations and import restrictions on dairy products have led to a market dominated by domestic players, creating a unique competitive landscape. These factors, combined with a growing demand for healthier and plant-based alternatives, are driving the growth of the CIS Cheese Substitutes Market.

Underlying macroeconomic factors: The Cheese Substitutes Market in the CIS region is heavily impacted by macroeconomic factors such as trade policies, consumer purchasing power, and government subsidies. Countries with stable economies and a growing middle class, such as Russia and Kazakhstan, are experiencing higher demand for cheese substitutes due to changing dietary preferences and health concerns. On the other hand, countries with economic instability, such as Ukraine and Belarus, are facing challenges in this market due to limited consumer spending and fluctuating exchange rates. Additionally, government support for the dairy industry and import/export regulations also play a significant role in shaping the market landscape in this region.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.