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.
American Express signed a partnership with Vietnam JSC Bank for Industry & Trade (Vietinbank) in 2021 to increase acceptance of its cards in Vietnam. However, charge cards are not issued in Vietnam and there is unlikely to be any significant demand…
Cheese is expected to register moderate volume growth in Azerbaijan in 2024. Soft cheese still accounts for most volume sales, followed by hard cheese. However, spreadable cheese is expected to register the highest volume growth, though from a low…
Both retail current value and volume sales of cheese are expected to continue to see double-digit declines in China in 2024. Falling sales are primarily being driven by the sharp drop in sales of cheese sticks seen within processed cheese (excl…
Retail value sales of cheese in Hong Kong declined in the first half of 2024, primarily driven by a decrease in the overall unit price due to a heightened price war among players. While raw material and energy costs have stabilised compared to the…
Retail demand for cheese in India continued to grow in 2023, as major players introduced new variants and expanded their ranges to cater for different consumption occasions. There is increasing demand for Western breakfasts among urban households,…
Cheese is expected to see an especially strong performance in Indonesia in 2024 as consumers embrace its versatility, not only as an ingredient in pastries and savoury dishes, but also in desserts. At the same time, the expanding variety of cheese…
During 2023, cheese experienced its highest ever annual increase in the average unit price, with a double-digit growth rate. This was due to a surge in the cost of imported raw materials for cheese. Major manufacturers had to revise cheese prices…
While cheese is seeing a healthy retail value performance in Kazakhstan in 2024, supported by high prices, retail volume sales achieve only small growth. It is noted that cheese has a long way to go to reach its potential in the country, and that…
Cheese in Malaysia is projected to see moderate retail current value growth over 2024, although this is due to price hikes as retail volume sales fall strongly across the board. Nonetheless, cheese has gained popularity through perceived nutritional…
The use of cheese in various culinary applications is experiencing a significant rise in Pakistan in 2024, largely driven by the growing popularity of Western cuisine and fusion dishes. Cheeses such as mozzarella, cheddar, and feta are becoming…