Market Insights Consumer Food Dairy Products & Eggs

Cheese Substitutes - Switzerland

Switzerland

Revenue in the Cheese Substitutes market amounts to €17.31m in 2024. The market is expected to grow annually by 7.31% (CAGR 2024-2029).
In global comparison, most revenue is generated in the United States (€228m in 2024).
In relation to total population figures, per person revenues of €1.94 are generated in 2024.
In the Cheese Substitutes market, volume is expected to amount to 0.71m kg by 2029. The Cheese Substitutes market is expected to show a volume growth of 8.1% in 2025.
The average volume per person in the Cheese Substitutes market is expected to amount to 0.1kg in 2024.

Key regions: Canada, South Korea, United Kingdom, Japan, Philippines

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Cheese Substitutes Market in Switzerland has seen subdued growth, influenced by factors such as consumer preference for traditional dairy products and limited availability of high-quality substitutes. Despite this, the market continues to experience growth due to increasing health awareness and the convenience of online shopping.

Customer preferences: As consumers become more health-conscious, there has been a growing demand for plant-based cheese substitutes in Switzerland. This trend is driven by the increasing popularity of vegan and vegetarian diets, as well as concerns about the environmental impact of traditional dairy production. Additionally, the rise of lactose intolerance and dairy allergies has also contributed to the growing demand for cheese alternatives. This shift towards plant-based options reflects a cultural shift towards more sustainable and ethical food choices.

Trends in the market: In Switzerland, the Cheese Substitutes Market within the Dairy Products & Eggs Market is experiencing a surge in demand for plant-based alternatives, driven by the increasing popularity of vegan and flexitarian diets. This trend is expected to continue as consumers become more health-conscious and environmentally aware. Industry stakeholders are responding by expanding their product portfolios to include more dairy-free options and investing in research and development for innovative plant-based ingredients. This trajectory towards more sustainable and healthier food choices has the potential to reshape the traditional dairy industry in Switzerland and create new opportunities for growth and innovation.

Local special circumstances: In Switzerland, the Cheese Substitutes Market is influenced by the country's long-standing tradition of dairy production and consumption. However, the market is also facing increasing demand for plant-based alternatives, driven by the trend towards healthier and more environmentally sustainable diets. Switzerland's strict regulations on food labeling and production also play a significant role in shaping the market, ensuring high quality and standards for both traditional and alternative cheese products. Moreover, the country's high disposable income and preference for premium products also create a niche market for artisanal and niche cheese substitutes.

Underlying macroeconomic factors: The Cheese Substitutes Market in Switzerland is heavily influenced by macroeconomic factors such as the country's stable economic health, favorable fiscal policies, and strong investment in the food industry. Switzerland's strong economy and high per capita income have led to a growing demand for high-quality food products, including dairy alternatives. Additionally, the country's strict regulations on food safety and labeling have created a favorable environment for the growth of the Cheese Substitutes Market. Furthermore, the increasing health consciousness and growing vegan population in Switzerland are also driving the demand for cheese substitutes, as they offer a healthier and ethical alternative to traditional dairy products. Overall, Switzerland's stable and progressive economy, along with favorable regulatory and consumer trends, are expected to continue driving the growth of the Cheese Substitutes Market in the country.

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.