Understand the cultural and socioeconomic influences that shape i...
Understand the cultural and socioeconomic influences that shape industry demand throughout Asia-Pacific, with local insight, market statistics and analysis ranging from strategic regional overview to in-depth coverage by country or city.
Though cheese is expected to register double-digit current value growth, volume sales are expected to fall slightly. Kazakhstan has strong trade links with Russia in particular and its war in Ukraine is negatively impacting the Kazak economy and…
The dominant category in both retail volume and value terms, processed cheese (excluding spreadable), is being developed by significant new product development towards the end of the review period. The domestic foodservice operator QSR Trading Sdn…
The rapid urbanisation across all regions of Pakistan is fuelling growth of cheese in 2023, alongside the increasing interest in Western lifestyles and diets, which is largely due to the increasing exposure to social media among affluent urban…
In 2023, the High Court of Singapore ruled that the term “Parmesan” is a translation of the Italian term “Parmigiano Reggiano”. According to the ruling, only Parmigiano Reggiano DOP (Denominazione di Origine Protetta) cheese produced in a particular…
In 2023, cheese in South Korea is expected to continue to thrive in retail current value terms, building on the positive growth observed in the previous year. However, a notable opposite trend has emerged in volume terms, as all cheese categories…
Similar to butter, the demand for cheese began to wane in the latter half of 2022. Consumers reverted to their habits of dining out, leading to a decreased inclination to cook and bake at home.
As cheese in not typically a main ingredient in Thai cuisine, tourism is an integral factor towards sales and, thus, cheese was affected by the event of the COVID-19 pandemic due to the lack of tourism during this time. As such, cheese manufacturers…
Despite continued inflationary pressures, cheese continued to exhibit a robust performance in retail volume terms in 2023. As the cost of cheese was prohibitive for some consumers, economy-priced spreadable and processed offerings, such as Cheese…
Cheese is expected to be one of the weaker dairy performers in 2023, with more muted volume growth. Hard cheese in particular performs badly and is expected to register a fall in volume sales, with soft, more affordable soft cheese continuing to…
Like butter and spreads, cheese remains one of the smaller categories within dairy products and alternatives in Vietnam, as it is not traditionally used in the local cuisine. A low level of awareness amongst the local population is also evident due…
The briefing introduces the Cities Households Necessities Spending Index. The index ranks 1,075 cities by household expenditure on non-discretionary items, namely food, housing, and clothing and footwear. This analysis focuses on 160 major cities.…
After the pandemic resulted in declining sales in China in both 2020 and 2022, the macroeconomic challenges this country was experiencing meant sales continued falling in 2023. With China being the region’s biggest market, this was impacting the…
Dairy products and alternatives are witnessing significant growth in current value terms, due to inflation and higher production costs, which is placing upward pressure on retail prices. Consumer price sensitivity remains strong with a high…
In 2023, the dairy industry has recovered from the COVID-19 pandemic, however, now new challenges are being seen due to international inflation due to the rapidly increasing oil and fuel prices. This is resulting in lower-income consumers to…
In 2023, baby food is performing well and returning to normal after the disturbances caused by the COVID-19 pandemic since 2020. The main reason for this is due to the fast rebound of the domestic economy, as well as ongoing urbanisation. Likewise,…
Retail current value sales of dairy products and alternatives in China in 2024 are projected to continue the downwards trend observed in the previous year, with an anticipated decline in the mid-single digits, with retail volume sales also set to…
Retail volume sales of dairy products and alternatives in Hong Kong showed a slight resurgence in 2022 as the pandemic subsided, and this is set to continue in 2023, benefiting from the restoration of local consumption and the return of tourists.…
India remains the largest producer of milk in the world. The impact of high inflation on cattle feed in 2023 resulted in a hike in procurement costs for milk. In turn, major players hiked up their prices to end consumers, but demand for dairy…
Dairy products and alternatives in Indonesia has experienced positive growth in recent years, primarily driven by increased health and wellness awareness among local consumers who believe consuming more dairy is good for gut health and generally…
In 2024, dairy products and alternatives in Japan is expected to see moderate growth in current value terms, due to increases in unit prices resulting from price revisions in 2023. Dairy products and alternatives experienced significant value growth…