Cheese will register moderate constant value and volume growth over the forecast period. Soft cheese which is produced locally will register higher growth, as consumers continue to be price sensitive, as the war in Ukraine leads to further inflation and economic uncertainty.
There is expected to be some increased production of hard and semi-hard cheese in Azerbaijan over the forecast period, as trade with key partners such as Russia, Ukraine and Belarus continue to be disrupted due to the war in Ukraine. For instance, the company Atena has plans to produce hard cheese such as Gouda, Edam and Mozzarella locally.
Cheese will look to ensure a healthy positioning by adding fortified benefits such as added vitamins or minerals. Players may also look to differentiate themselves from the competition by introducing novelties such as different flavours.
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This is the aggregation of hard, soft, spreadable and processed cheese (excl spreadable). Note: Non-dairy cheese substitutes are excluded from this category and tracked under plant-based cheese.See All of Our Definitions
This report originates from Passport, our Cheese research and analysis database.
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