Dairy Products and Alternatives

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…

Following high double-digit price growth in 2022, the slight price decrease in 2023 positively influenced the retail volume growth of this market. However, cheese remains a product that is considered a non-basic food item by many, and as such, it is…

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…

2023 saw rising demand for premium cheese brands with a clear health and wellness positioning as Irish consumers became increasingly interested in products that can help them to improve their dietary intake. The desire to improve one’s diet to…

The government has removed customs taxes for certain imported cheeses, such as soft cheeses with a fat percentage over 5%. Previously, these cheeses were taxed at ILS8.04-13.21 per kg. The customs tax is mainly set to be removed in two stages. Half…

The market for cheese in Italy is projected to see only modest growth retail volume terms in 2024. Despite a significant reduction in inflation compared to previous years, consumers are still grappling with elevated prices which has resulted in more…

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…

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…

In 2023, cheese is expected to register double-digit current value growth, though volume growth is expected to be minimal, as inflation persists. In addition, there is shortages of local raw milk due to drought conditions, and local producers are…