Retail Intelligence Mini Report: Cheese

Market Trends: Tridge’s Top 20 cheese products analysis for Jan-25 highlighted significant price differences across countries. The average price per 100 grams (g) varied, from a low of USD 1.26 in the United States (US) to a high of USD 5.27 in Japan. Notably, Japan recorded the highest individual price at USD 14.80/100g, while France had the lowest at USD 0.09/100g. China's average cheese price stood at USD 2.69/100g, considerably higher than the US average of USD 1.26/100g. Meanwhile, Germany and France reported higher average prices with USD 3.88/100g and USD 4.01/100g, respectively. The significant price disparities, both between and within countries, suggest a broad range of cheese types and quality levels in the global market.

Noteworthy Products: In Germany, Cheesepop Popped Cheddar Cheese (20g x 12) stood out for its unique texture and flavor. Available in a range of delicious cheese varieties like cheddar, gouda, emmental, ang goat, Cheesepop Popped Cheese caters to consumers looking for innovative and convenient cheese-based snacks, aligning with the growing demand for natural and on-the-go options in the market.

Industry News: According to the Food and Agriculture Organization (FAO), the dairy price index averaged 142.94 points in Jan-25, marking a 2.36% increase from Dec-24 and a significant 20.43% year-on-year (YoY) rise. The global cheese price index reached 142.01 points, reflecting a 7.6% increase from Dec-24 and a 26.18% YoY surge. This upward trend in the cheese price index is driven by strong global import demand, coupled with a gradual recovery in production and robust domestic retail sales in key cheese-producing countries.