In 2023, China's cheese consumption stood at 191.0 thousand metric tons. The forecast for 2024 through 2028 indicates a steady consumption of 191.0 thousand metric tons annually, suggesting no year-on-year growth. With no recorded annual changes from 2024 to 2028, the CAGR over this period is expected to be 0%, highlighting a plateau in consumption levels.
Future trends to watch for:
- Potential shifts in consumer dietary preferences towards Western-style diets, which may spur increased cheese consumption.
- Changes in domestic production capabilities or import regulations affecting supply.
- Marketing efforts or product innovation by cheese producers targeting Chinese consumers.
- Economic factors such as income growth affecting buying power and dietary choices.