Cheese - China

  • China
  • Revenue in the Cheese market amounts to €14.97bn in 2024. The market is expected to grow annually by 8.85% (CAGR 2024-2029).
  • In global comparison, most revenue is generated in the United States (€29,380m in 2024).
  • In relation to total population figures, per person revenues of €10.45 are generated in 2024.
  • In the Cheese market, volume is expected to amount to 0.95bn kg by 2029. The Cheese market is expected to show a volume growth of 8.3% in 2025.
  • The average volume per person in the Cheese market is expected to amount to 0.5kg in 2024.

Key regions: China, South Korea, Russia, United Kingdom, India

 
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Analyst Opinion

The Cheese Market in China is facing subdued growth due to various factors such as changing consumer preferences and economic slowdown. Despite this, the market is still experiencing growth driven by the convenience and variety of online purchasing options.

Customer preferences:
As Chinese consumers become more health-conscious, there has been a noticeable increase in demand for plant-based and lactose-free cheese options. This shift is driven by concerns over lactose intolerance and environmental sustainability. Additionally, there is a growing trend towards premium and artisanal cheese products, as consumers seek more unique and high-quality options for their meals and snacking. This trend is also fueled by the rising disposable incomes of Chinese consumers and their increasing exposure to Western cuisines.

Trends in the market:
In China, the Cheese Market of the Dairy Products & Eggs Market within The Food market is experiencing a shift towards healthier, plant-based options. This trend is largely driven by the increasing health consciousness among consumers, as well as concerns over the environmental impact of dairy production. As a result, there has been a rise in the demand for dairy-free cheese alternatives, such as tofu-based cheese and nut-based cheese. This trend is expected to continue in the future, as more consumers seek out sustainable and healthier food options. This shift has significant implications for industry stakeholders, as they will need to adapt their production and marketing strategies to cater to this growing demand. Additionally, this trend presents opportunities for new market entrants to capitalize on the rising popularity of plant-based dairy alternatives in China.

Local special circumstances:
In China, the Cheese Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's growing economy and changing dietary habits. As the middle class continues to grow, there is an increasing demand for Western-style diets and dairy products. However, China's strict regulations on food imports and safety standards have posed challenges for foreign companies trying to enter the market. Additionally, the country's large geographical size and diverse regional cuisines also impact the types and flavors of cheese that are popular in different regions.

Underlying macroeconomic factors:
The Cheese Market of the Dairy Products & Eggs Market within The Food market is strongly impacted by macroeconomic factors in China. The country's economic growth and development have led to a significant increase in the demand for cheese, as a result of growing urbanization, rising disposable incomes, and changing dietary preferences. Moreover, the Chinese government's efforts to promote domestic dairy production and reduce import dependency have positively influenced the cheese market. However, other factors such as trade tensions, fluctuating exchange rates, and changing consumer behaviors can also impact the performance of the market in China.

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.

Vue d’ensemble

  • Revenue
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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