Key regions: China, South Korea, Russia, United Kingdom, India
The cheese market in Gabon has seen moderate growth due to factors such as rising demand for dairy products, increasing health consciousness, and convenience of online services. However, subdued growth rate is impacted by supply chain challenges and limited infrastructure for dairy production.
Customer preferences: The growing popularity of plant-based and vegan diets in Gabon has led to a rise in demand for dairy-free cheese alternatives. This trend is driven by concerns for animal welfare, environmental sustainability, and health benefits. Additionally, consumers are increasingly seeking out artisanal and locally produced cheeses, reflecting a preference for supporting small-scale and sustainable food systems.
Trends in the market: In Gabon, there is a growing trend of incorporating cheese into traditional dishes, resulting in an increased demand for different types of cheese. This trend is expected to continue, as consumers become more health-conscious and seek out high-protein and low-carb options. Furthermore, the rise of e-commerce and online grocery shopping is expected to contribute to the growth of the cheese market, as it provides convenience and accessibility for consumers. Additionally, the government's efforts to promote the dairy industry and increase self-sufficiency in dairy production is expected to further drive the growth of the cheese market. These trends present significant opportunities for industry stakeholders to expand their product offerings and reach a wider consumer base.
Local special circumstances: In Gabon, the Cheese Market of the Dairy Products & Eggs Market is heavily influenced by the country's tropical climate and the resulting limited production of dairy products. This leads to a higher demand for imported cheese from neighboring countries, driving up prices. Additionally, Gabon's cultural preference for fresh, locally sourced food limits the popularity of processed cheese. The government's strict regulations on food imports also play a significant role in shaping the market dynamics.
Underlying macroeconomic factors: The growth of the Cheese Market of the Dairy Products & Eggs Market within The Food market is also influenced by macroeconomic factors such as global economic trends, national economic health, and fiscal policies. Countries with stable economies and favorable fiscal policies are likely to experience higher demand for cheese products. Additionally, increasing disposable incomes and changing food preferences are driving the growth of the cheese market in Gabon. The growing population and urbanization in the country also play a significant role in the increasing demand for cheese, as people are increasingly looking for convenient and ready-to-eat food options.
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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