Cheese - Burundi | Statista Market Forecast

Cheese - Burundi

Burundi

Highlights

Revenue in the Cheese market amounts to US$1.48m in 2024. The market is expected to grow annually by 6.25% (CAGR 2024-2029).
In global comparison, most revenue is generated United States (US$32bn in 2024).
In relation to total population figures, per person revenues of US$0.11 are generated in 2024.
In the Cheese market, volume is expected to amount to 177.20k kg by 2029. The Cheese market is expected to show a volume growth of 2.0% in 2025.0.
The average volume per person in the Cheese market is expected to amount to 0.0kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Cheese Market in Burundi is seeing minimal growth driven by factors such as changing consumer preferences, increasing health consciousness, and the convenience of online services. This growth is impacted by various economic and social factors in the country.

Customer preferences: As Burundi's dairy industry continues to grow, consumers are gravitating towards locally produced cheese, reflecting a desire for fresh and authentic products. This trend is also driven by a growing preference for traditional and artisanal foods, as well as a desire to support local businesses. Additionally, there is a shift towards healthier and more natural options, with organic and lactose-free cheese gaining popularity among health-conscious consumers.

Trends in the market: In Burundi, the Cheese Market of the Dairy Products & Eggs Market within The Food market is experiencing a shift towards healthier and more sustainable options. This trend is driven by consumer demand for organic and locally sourced cheese products. Additionally, there is a growing preference for plant-based cheeses, as more consumers are seeking alternatives to dairy. These trends are significant as they indicate a shift towards more conscious consumption habits and have the potential to drive innovation and competition among industry stakeholders. As the market continues to evolve, there may be opportunities for new players to enter and for established companies to adapt their products to meet changing consumer preferences.

Local special circumstances: In Burundi, the Cheese Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's geographical and cultural factors. Being a landlocked country, Burundi relies heavily on imported dairy products, making the cheese market highly competitive. Additionally, traditional cheese-making techniques passed down through generations have a significant impact on the types of cheeses available in the market. The country's regulatory environment also plays a role in shaping the cheese market, with strict regulations on food safety and hygiene standards. These factors contribute to the unique dynamics of the cheese market in Burundi, setting it apart from other markets.

Underlying macroeconomic factors: The Cheese Market of the Dairy Products & Eggs Market within The Food market in Burundi is heavily influenced by macroeconomic factors, such as the country's overall economic health, global trade policies, and investment in the agricultural sector. Burundi's economy heavily relies on the agricultural sector, making it susceptible to external factors such as climate change and fluctuating commodity prices. Additionally, the country's political stability and access to resources also impact the Cheese Market, with unstable political conditions and limited resources hindering market growth. The rising demand for dairy products and eggs in the global market has also placed pressure on Burundi's dairy sector, requiring the government to implement policies that promote sustainable and efficient production.

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.