Definition:
Cheese market covers products made of milk's curd, which has been removed from the whey and has been coagulated, squeezed, and typically matured. The Cheese market includes all types of cheese such as hard, soft, and semi-hard cheese, blue cheese, cottage cheese, and cream cheese.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. 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.
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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
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Cheese market in CIS is facing subdued growth, impacted by factors like changing consumer preferences and economic instability. However, the convenience and health benefits offered by cheese consumption continue to drive market growth within the broader Dairy Products & Eggs Market in The Food market.
Customer preferences: With the growing awareness about animal welfare and environmental sustainability, consumers are showing a preference for plant-based cheese options. This trend is also influenced by the rise of veganism and lactose intolerance, as well as the availability of a variety of dairy-free cheese alternatives. Brands are responding by introducing innovative and flavorful plant-based cheese products to cater to this niche market segment.
Trends in the market: In the CIS region, the Cheese Market of the Dairy Products & Eggs Market within The Food market is experiencing a shift towards more artisanal and premium cheeses. This trend is driven by consumers' increasing focus on quality and authenticity, as well as their willingness to pay a premium for unique and high-quality products. At the same time, there is a growing demand for plant-based alternatives to traditional cheese, driven by health and environmental concerns. This trend is expected to continue in the coming years, posing both challenges and opportunities for industry stakeholders. In order to stay competitive, companies will need to invest in innovation and product diversification, while also addressing sustainability and health concerns.
Local special circumstances: In CIS countries, the Cheese Market of the Dairy Products & Eggs Market within The Food market is influenced by a strong demand for traditional, locally-sourced cheeses. Consumers in these countries have a strong preference for artisanal and organic products, leading to a growing market for small-scale cheese producers. Additionally, strict government regulations on imported dairy products have created a unique market for domestic cheese producers, driving innovation and competition in the market. This local emphasis on traditional and high-quality cheese production sets the CIS cheese market apart from others in the region.
Underlying macroeconomic factors: The Cheese Market of the Dairy Products & Eggs Market within The Food market is greatly influenced by macroeconomic factors such as consumer spending, disposable income, and food trends. Countries with a healthy economy and high levels of disposable income tend to have a higher demand for premium cheese products. In addition, changing consumer preferences and food trends towards healthier and natural products have also contributed to the growth of the Cheese Market. Moreover, increasing investments in the dairy industry and supportive government policies have further propelled the market growth. These factors indicate a positive outlook for the Cheese Market in the CIS 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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights