Cheese

Per capita cheese consumption in Uruguay is among the highest in Latin America and the world, due to its long tradition of cheese production. After a soft contraction in 2022, retail volume sales is expected to achieve positive growth in 2023.…

While current value sales of cheese is expected to grow in 2023, constant value sales are expected to fall. This weak performance is reflected in the economy, which contracted in the first half of 2023. An unpopular government, bad weather, high…

Overall demand for cheese in Mexico continues to grow, through both foodservice and retail channels. Packaged hard cheese is one of the stronger performers, surpassed only by soft cheese. It is notable how packaged cheese has been gaining consumers’…

Cheese is expected to be one of the strongest performing dairy products in 2023, with double-digit value growth, as well as healthy volume growth. Lower-income buyers continue to consume unpackaged soft cheese (usually unbranded), which is available…

Queso fresco (fresh cheese) is the most consumer cheese in Ecuador. In this category, the participation of the informal industry is very pronounced as cheese consumption is very regional. Each area is accustomed to the type of cheese that is produced…

Cheese is expected to register moderate current value and volume growth. However, inflation is still an issue and consumers are expected to continue to be highly price sensitive and prioritise value for money. This price sensitivity is expected to…

Current value sales are expected to increase, along with a slight increase in volume sales. While there is still economic uncertainty, as a result of rising inflation, the growth in inflation is expected to ease. That being said, consumers are…

Cheese prices in Colombia witnessed volatility over the review period due to rising production costs, reduced labour supply, and adverse weather conditions in some regions. The weaker profitability in cheese can be linked to reduced milk production…

Chile is considered one of the countries with the highest cheese consumption rates in the region, amounting to 9.2 kgs per capita. In recent years, cheese consumption has grown significantly nationwide. This increase is due both to the development of…

Amongst the key categories within dairy, cheese stands out as one of the primary products derived from pure milk. Given its significance in the dairy chain, this category has been one of the most affected by significant structural changes imposed on…

In 2024, the cheese industry in Bolivia faces significant challenges due to an overproduction of milk, prompting producers to turn to cheese-making as a means to utilise the excess milk. Although cheese consumption continues to grow, this increase is…

The cost of raw milk in Argentina soared well above general inflation rates in 2024, negatively affecting cheese production costs. Consequently, cheese became too expensive for many Argentinians, negatively impacting demand. Many local consumers…