Cheese - Western Asia

  • Western Asia
  • Revenue in the Cheese market amounts to US$3.92bn in 2024. The market is expected to grow annually by 6.77% (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$17.71 are generated in 2024.
  • In the Cheese market, volume is expected to amount to 0.40bn kg by 2029. The Cheese market is expected to show a volume growth of 4.1% in 2025.
  • The average volume per person in the Cheese market is expected to amount to 1.5kg in 2024.

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

 
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Analyst Opinion

The Cheese Market in Western Asia has shown minimal growth due to factors such as changing consumer preferences and fluctuating milk prices. Despite this, the market is expected to grow steadily in the coming years due to increasing demand for dairy products and the convenience of online shopping.

Customer preferences:
With the rise of health consciousness and changing dietary preferences, there has been a growing demand for plant-based cheese alternatives in the Dairy Products & Eggs Market within The Food market in Western Asia. This trend is fueled by a surge in veganism and lactose intolerance, as well as shifting cultural norms towards more sustainable and ethical food choices. As a result, companies are increasingly offering a variety of plant-based cheese options to cater to this growing market.

Trends in the market:
In Western Asia, the Cheese Market of the Dairy Products & Eggs Market within The Food market is experiencing a surge in demand for healthier and artisanal cheese options. Consumers are seeking out organic and locally sourced cheese varieties, leading to an increase in small-scale cheese producers. This trend is significant as it reflects a shift towards more sustainable and ethical food choices. It also presents opportunities for industry stakeholders to diversify their product offerings and tap into the growing demand for premium and specialty cheese.

Local special circumstances:
In Western Asia, the Cheese Market of the Dairy Products & Eggs Market within The Food market is influenced by the region's cultural preferences for dairy products. Cheese is a staple in Middle Eastern cuisine and is often used in traditional dishes like halloumi and feta. Additionally, strict halal and kosher regulations in the region require specific production and labeling of cheese, shaping consumer choices. The market is also affected by the region's geography, with countries like Iran and Turkey being major producers and exporters of cheese.

Underlying macroeconomic factors:
The Cheese Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by macroeconomic factors such as consumer spending, income levels, and trade policies. Countries with strong economic growth and rising disposable incomes are expected to experience higher demand for cheese products, especially in emerging markets. On the other hand, trade policies and tariffs can significantly impact the import and export of cheese, affecting market dynamics. Moreover, increasing health consciousness and changing dietary preferences are also shaping the cheese market, with consumers seeking healthier and natural options.

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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