Key Market Indicators
Cheese consumption is expected to reach 63.1 million kilograms by 2026. This is an increase of 0.8% year on year, compared to the 1.1% growth in demand. France, the UK and Germany held the second, third and fourth positions in this ranking, respectively. Meanwhile, Latvian cheese production is projected to grow to 72.8 thousand metric tons by 2026. This is a CAGR of 2.7% year on year from 2021. Since 1997, Latvian cheese production has increased by 5.4% year on year. The country ranked 48th in 2021, with Brazil coming in ahead at 61.9 thousand metric tons. Germany, France and Italy took the second, third and fourth spots in this ranking, respectively.
