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Cheese Substitutes - Lithuania

Lithuania
  • Revenue in the Cheese Substitutes market amounts to US$716.60k in 2024. The market is expected to grow annually by 12.35% (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$0.27 are generated in 2024.
  • In the Cheese Substitutes market, volume is expected to amount to 49.47k kg by 2029. The Cheese Substitutes market is expected to show a volume growth of 10.8% in 2025.0.
  • The average volume per person in the Cheese Substitutes market is expected to amount to 0.0kg in 2024.

Definition:

Cheese substitutes, also known as dairy-free or non-dairy cheese alternatives, are products designed to mimic the texture, flavor, and functionality of traditional dairy cheese without using any animal-derived ingredients. These substitutes are primarily targeted at vegans, lactose-intolerant individuals, those with dairy allergies, and/or anyone seeking to reduce their consumption of animal products. Cheese substitutes can be made from a variety of plant-based ingredients, such as nuts (e.g., almonds and cashews), soy, coconut, or nutritional yeast. These ingredients are often processed and blended to create a creamy and cheese-like product.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram). The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

For more information on the displayed data, click the info button on the right side of each box.

In-Scope

  • Cashew cheese, almond cheese, macadamia cheese, soy milk cheese, coconut oil cheese, potato starch cheese, tapioca starch cheese, pea protein cheese
  • Vegan sliced cheese
  • Vegan grated cheese
  • Vegan cream cheese
  • Vegan mozzarella and other similar vegan cheeses

Out-Of-Scope

  • Milk Substitutes
  • Yogurt Substitutes
  • Curdled Milk Substitutes
  • Out-of-home consumption

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Volume

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Price

Most recent update: Sep 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Sep 2024

Source: Statista Market Insights

Analyst Opinion

The Cheese Substitutes Market in Lithuania is experiencing subdued growth due to various factors, including changing dietary preferences and lack of awareness among consumers. However, the convenience offered by online shopping and increasing health consciousness may drive growth in the future.

Customer preferences:
As consumers become more health-conscious, the demand for plant-based cheese substitutes is on the rise in Lithuania. This shift can be attributed to the growing trend of veganism and lactose intolerance. Additionally, convenience and environmental concerns are also driving the popularity of cheese alternatives, as they are often perceived as healthier and more sustainable options. This trend is expected to continue as consumers prioritize their health and the planet.

Trends in the market:
In Lithuania, the Cheese Substitutes Market within the Dairy Products & Eggs Market is witnessing a rise in demand for plant-based alternatives, driven by increasing health and environmental concerns. This trend is expected to continue, with more consumers opting for dairy-free options. As a result, industry stakeholders are investing in research and development to improve the taste and texture of these substitutes. Additionally, there is a growing trend of using social media and influencer marketing to promote these products, which is expected to further drive their popularity. This shift towards cheese substitutes has significant implications for traditional dairy industry players, who may need to adapt their strategies to cater to this emerging market segment.

Local special circumstances:
In Lithuania, the Cheese Substitutes Market of the Dairy Products & Eggs Market within The Food market is influenced by the country's strong dairy industry and traditional cheese consumption habits. However, with a growing trend towards plant-based diets, there is a rising demand for cheese substitutes made from alternative ingredients such as soy, nuts, and seeds. Additionally, the country's strict regulations on food labeling and quality control play a significant role in shaping the market, ensuring that consumers have access to safe and accurately labeled products.

Underlying macroeconomic factors:
The Cheese Substitutes Market of the Dairy Products & Eggs Market within The Food market in Lithuania is heavily influenced by macroeconomic factors such as economic growth, consumer spending, and government policies. As a small open economy, Lithuania's market performance is greatly affected by global economic trends. The country's stable economic growth and low inflation rate have contributed to the increasing demand for cheese substitutes in the market. The government's support for the dairy industry and its efforts to promote healthy food consumption have also played a significant role in the growth of the market. Furthermore, the rising health consciousness among consumers and the growing trend of veganism have led to a higher demand for cheese substitutes, driving market growth in Lithuania.

Methodology

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.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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