Cheese - Greece | Statista Market Forecast

Cheese - Greece

Greece

Highlights

Revenue in the Cheese market amounts to US$1.60bn in 2024. The market is expected to grow annually by 4.65% (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$155.20 are generated in 2024.
In the Cheese market, volume is expected to amount to 103.80m kg by 2029. The Cheese market is expected to show a volume growth of 1.2% in 2025.0.
The average volume per person in the Cheese market is expected to amount to 9.5kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Cheese Market in Greece has seen steady growth in the Dairy Products & Eggs Market of The Food market. Despite minimal growth, factors such as increasing health consciousness and the convenience of online services have impacted this market.

Customer preferences: As the Greek population continues to age, there has been a growing trend towards healthier eating habits, leading to an increased demand for low-fat and organic cheese products. Additionally, there has been a rise in the popularity of traditional Greek cheeses, such as feta and halloumi, due to their perceived health benefits and cultural significance. This shift towards healthier and more authentic options has also been reflected in the rise of artisanal cheese producers, catering to the growing demand for locally-sourced and high-quality cheese products.

Trends in the market: In Greece, the Cheese Market within the Dairy Products & Eggs Market is experiencing a surge in demand for artisanal and specialty cheeses. This trend is driven by consumers' increasing interest in unique and high-quality products. Additionally, there is a growing focus on health and wellness, leading to a rise in demand for organic and natural cheese options. These trends are expected to continue, with a shift towards sustainable and environmentally-friendly production methods. This presents opportunities for industry stakeholders to diversify their product offerings and cater to changing consumer preferences.

Local special circumstances: In Greece, the Cheese Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's rich history and culture of cheese-making. Greek cheeses like feta, halloumi, and kefalotyri are known for their unique textures and flavors, and are often made using traditional methods passed down through generations. Additionally, strict regulations ensure the quality and authenticity of these cheeses, contributing to their popularity both domestically and internationally. This cultural significance and regulatory framework set Greece's Cheese Market apart from other markets in the Dairy Products & Eggs Market, making it a unique and thriving industry.

Underlying macroeconomic factors: The Cheese Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and financial indicators. For instance, countries with stable economic conditions and favorable fiscal policies are likely to experience higher demand for cheese products. In contrast, regions with economic instability and uncertain fiscal policies may witness a decline in the cheese market. Moreover, the increasing preference for healthy, protein-rich diets and the growing trend of veganism are also shaping the cheese market in Greece. These trends are driven by global concerns over health and wellness, which are reflected in the food choices of consumers.

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.