Market Insights Consumer Food Dairy Products & Eggs

Cheese - Estonia

Estonia

Revenue in the Cheese market amounts to €229.80m in 2024. The market is expected to grow annually by 9.70% (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 €168.90 are generated in 2024.
In the Cheese market, volume is expected to amount to 43.99m kg by 2029. The Cheese market is expected to show a volume growth of 3.0% in 2025.
The average volume per person in the Cheese market is expected to amount to 26.1kg in 2024.

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

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The Cheese Market in Estonia's Dairy Products & Eggs Market has seen subdued growth due to factors such as limited consumer awareness and lack of technological advancements. Despite this, convenience offered by online services and increasing health consciousness are driving growth.

Customer preferences: The demand for artisanal and locally produced cheeses has been on the rise in Estonia, as consumers are increasingly valuing high-quality and sustainable food products. This trend is driven by a growing interest in supporting local businesses and reducing the environmental impact of food production. Additionally, there has been a surge in demand for dairy-free and plant-based cheese alternatives, as more individuals are adopting vegetarian and vegan diets. This shift towards healthier and more environmentally conscious food choices is expected to continue in the coming years.

Trends in the market: In Estonia, the Cheese Market of the Dairy Products & Eggs Market within The Food market has seen a shift towards healthier and more sustainable options, such as organic and plant-based cheeses. This trend is expected to continue, as consumers become more health-conscious and environmentally aware. Additionally, there has been an increase in online sales of cheese, as e-commerce becomes more popular in the country. This could potentially lead to a decrease in traditional brick-and-mortar cheese shops, but also opens up opportunities for new online marketplaces and delivery services. Overall, these trends highlight the importance of innovation and adapting to changing consumer preferences in the cheese market in Estonia.

Local special circumstances: In Estonia, the Cheese Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's strong dairy tradition and the use of high-quality local milk. Additionally, the market is shaped by the country's strong focus on organic and sustainable food production, driven by consumer demand for healthy and environmentally-friendly products. The small size of the market also allows for niche, artisanal cheese producers to thrive, catering to the growing demand for unique and high-quality cheese products.

Underlying macroeconomic factors: The Cheese Market of the Dairy Products & Eggs Market within The Food market in Estonia is influenced by several macroeconomic factors. The country's stable economic growth, coupled with favorable fiscal policies and a strong investment in the food sector, have contributed to the market's growth. Additionally, the increasing trend of healthy and sustainable food choices has led to a rise in demand for dairy products, including cheese. Furthermore, Estonia's membership in the European Union has opened up opportunities for export, leading to the diversification of the market and increased competition. Lastly, the current trend of rising disposable income and changing consumer preferences towards premium and organic cheese products have also positively impacted the market growth.

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.