Cheese - Sweden

  • Sweden
  • Revenue in the Cheese market amounts to US$2.62bn in 2024. The market is expected to grow annually by 8.83% (CAGR 2024-2029).
  • In global comparison, most revenue is generated in the United States (US$32,020m in 2024).
  • In relation to total population figures, per person revenues of US$245.40 are generated in 2024.
  • In the Cheese market, volume is expected to amount to 265.80m kg by 2029. The Cheese market is expected to show a volume growth of 3.6% in 2025.
  • The average volume per person in the Cheese market is expected to amount to 20.3kg in 2024.

Key regions: China, South Korea, Russia, United Kingdom, India

 
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Analyst Opinion

The Cheese market within the Dairy Products & Eggs Market in Sweden has seen a subdued growth rate, impacted by factors such as changing consumer preferences, increasing health consciousness, and the convenience of online shopping. Despite this, the market is still experiencing significant growth due to the rising demand for high-quality, locally produced cheeses.

Customer preferences:
In Sweden, there has been a growing trend towards plant-based and sustainable food options, leading to a rise in demand for vegan and lactose-free cheese alternatives. This shift in consumer preferences is driven by a cultural focus on health and wellness, as well as concerns for the environment and animal welfare. Additionally, there has been an increase in demand for artisanal and locally produced cheeses, reflecting a preference for high-quality and ethically sourced dairy products. This trend is further fueled by a growing interest in supporting small-scale and independent producers.

Trends in the market:
In Sweden, the Cheese Market of the Dairy Products & Eggs Market within The Food market is seeing an increase in demand for organic and sustainably-produced cheese. This trend is driven by consumer preferences for healthier and ethically-produced food options. Additionally, there is a growing interest in artisanal and specialty cheeses, as well as a rise in online sales channels for cheese products. These trends are expected to continue in the coming years, presenting opportunities for industry stakeholders to diversify their product offerings and tap into the growing market for premium and sustainable cheese products.

Local special circumstances:
In Sweden, the Cheese Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's strong dairy culture and high demand for organic and sustainable products. This has led to the development of niche cheese markets, such as artisanal and plant-based cheeses, catering to the health-conscious and environmentally conscious consumers. Additionally, Sweden's strict regulations on animal welfare and food labeling have also shaped the market, driving consumers towards locally produced and ethically sourced cheeses.

Underlying macroeconomic factors:
The Cheese Market within the Dairy Products & Eggs Market in Sweden is impacted by various macroeconomic factors. The country's strong economic health and stable fiscal policies create a favorable business environment for the food industry. Additionally, the increasing demand for organic and natural food products has fueled the growth of the cheese market in Sweden. Moreover, the government's support for sustainable agriculture and food production has encouraged the development of innovative and high-quality cheese products. Furthermore, the growing health consciousness among consumers and the increasing trend of plant-based diets have also contributed to the market's growth. These factors, combined with the country's high per capita income and strong consumer spending, are expected to continue driving the growth of the cheese market in Sweden.

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.

Overview

  • Revenue
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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