Key regions: Canada, South Korea, United Kingdom, Japan, Philippines
The Cheese Substitutes Market in Jordan has seen slow growth, influenced by factors such as low consumer awareness and limited availability of substitutes. However, with increasing health consciousness and convenience of online services, the market is expected to experience growth in the near future.
Customer preferences: As consumer awareness about the environmental and ethical impact of traditional dairy products grows, there is a rising demand for plant-based cheese substitutes in Jordan. This trend is driven by a shift towards healthier and more sustainable dietary choices, especially among younger demographics. Additionally, the increasing availability and variety of vegan cheese alternatives cater to the dietary needs and preferences of consumers with lactose intolerance or dairy allergies.
Trends in the market: In Jordan, the Cheese Substitutes Market within the Dairy Products & Eggs Market is experiencing a growing demand for plant-based alternatives due to increasing health consciousness and dietary restrictions. This trend is expected to continue, with a focus on incorporating more natural and organic ingredients in these substitutes. Additionally, there is a rise in online purchasing and delivery of these products, making it easier for consumers to access them. These trends are significant as they cater to the changing preferences of consumers and have the potential to impact traditional dairy product manufacturers. Industry stakeholders should consider investing in research and development to meet the demand for healthier and more sustainable alternatives.
Local special circumstances: In Jordan, the Cheese Substitutes Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's cultural preferences for dairy products. Due to religious dietary restrictions, there is a high demand for Halal-certified cheese substitutes. Additionally, the government's efforts to increase self-sufficiency in the dairy industry have led to regulations favoring locally-produced substitutes, limiting the market for international brands. The small size of the market also results in limited product innovation and variety compared to larger markets.
Underlying macroeconomic factors: The Cheese Substitutes Market in Jordan is impacted by several macroeconomic factors, including global economic trends, national economic health, fiscal policies, and other financial indicators. The market is heavily influenced by the country's economic conditions, with strong growth expected in the coming years due to increasing demand for healthier and more sustainable food options. Jordan's favorable regulatory environment and government support for dairy alternatives have also contributed to the growth of the market. Moreover, the rising prevalence of lactose intolerance and growing health consciousness among consumers are driving the demand for cheese substitutes in the country.
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.
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