The non-processed cheese market in Luxembourg showed growth and fluctuations over recent years. By 2023, the value stood at 108.59 Euros per capita. The market experienced substantial growth between 2018 and 2020, peaking in 2020 at 116.97 Euros per capita. However, the subsequent years saw a decline, with a decrease of 2.1% from 2021 to 2023. Over the last five years, the compound annual growth rate (CAGR) is approximately 3.53%.
Future trends to watch for:
- Consumer preferences shifting towards niche and artisanal cheese varieties could drive market value.
- Impact of global economic conditions on luxury food items, including gourmet cheeses.
- Sustainability and locally-produced cheese could gain increasing attention.
How does Luxembourg rank in Non-Processed Cheese Market Size Value Per Capita?
| # | 22 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 154.04 | 2023 | View data | ||
| 2 | 2 Finland | 134.78 | 2023 | View data | ||
| 3 | 3 France | 126.62 | 2023 | View data | ||
| 4 | 4 Sweden | 125.04 | 2023 | View data | ||
| 5 | 5 Austria | 113.83 | 2023 | View data | ||
| 6 | 6 Greece | 110.3 | 2023 | View data | ||
| 7 | 7 Luxembourg | 108.59 | 2023 | |||
| 8 | 8 Denmark | 105.94 | 2023 | View data | ||
| 9 | 9 Estonia | 82.73 | 2023 | View data | ||
