Dairy Products & Eggs - Costa Rica

Revenue in the Dairy Products & Eggs market amounts to US$1.07bn in 2024. The market is expected to grow annually by 5.08% (CAGR 2024-2029).
In global comparison, most revenue is generated India (US$173bn in 2024).
In relation to total population figures, per person revenues of US$203.30 are generated in 2024.
In the Dairy Products & Eggs market, volume is expected to amount to 518.90m kg by 2029. The Dairy Products & Eggs market is expected to show a volume growth of 2.9% in 2025.0.
The average volume per person in the Dairy Products & Eggs market is expected to amount to 86.3kg in 2024.

Definition:

The Dairy Products and Eggs market covers eggs and dairy products which play a major role in the daily diet of many consumers. The market includes milk substitutes, milk, products made from mammal’s milk or milk components, and eggs that are harvested from domesticated animals for human consumption, such as chickens, ducks, or quails.

Structure:

The market consists of 8 different submarkets:

The Milk market covers fresh milk that is defined as an animal product containing proteins, lactose, fats, and water.
The Milk substitutes market covers all types of plant-based milk, such as soya, almond, oat, rice, coconut, spelt, and other. “Other” includes hazelnut, soya/rice blend, buckwheat, cashew, pea, millet, lupine, hemp, quinoa, flax seed, grain, etc.
The Yogurt market covers products that are made when milk is fermented by bacteria.
The Cheese market covers solid products obtained by coagulating milk.
Yogurt substitutes cover non-dairy alternatives to traditional yogurt
Cheese substitutes cover non-dairy alternatives to traditional cheese
The Eggs market covers chicken eggs.
The Other Dairy Products & Eggs market covers other products made from milk or milk components and other types of edible eggs.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), and sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

For more information on the displayed data, click the info button on the right side of each box.

Fresh milk
Yogurt
Cheese
Eggs
preserved and powdered milk, cream, curd, yogurt drinks
Milk substitutes

Baby Food
Out-of-home consumption

The Dairy Products & Eggs market in Costa Rica is experiencing minimal growth, influenced by factors such as the increasing popularity of milk substitutes and yogurt substitutes, as well as consumer health awareness and the convenience of online shopping. Other sub-markets, such as cheese and eggs, also contribute to the overall growth. However, the slow growth rate may be impacted by economic factors and fluctuating consumer preferences.

Customer preferences: Consumers in Costa Rica are becoming more health-conscious, driving the demand for organic and natural dairy products and eggs. This trend is also influenced by the growing popularity of plant-based diets, with many individuals opting for dairy alternatives. Additionally, the rise in lactose intolerance and food allergies has led to a demand for lactose-free and allergen-free options in the dairy and egg market. As a result, manufacturers are increasingly focusing on product innovation to cater to these evolving consumer preferences.

Trends in the market: In Costa Rica, there is a growing demand for organic and locally sourced dairy products and eggs, driven by consumer preferences for healthier and more sustainable options. This trend is expected to continue, with the government promoting sustainable agriculture and supporting small-scale farmers. This presents opportunities for industry stakeholders to expand their product offerings and cater to the growing demand for these products. Additionally, there is a trend towards value-added dairy products, such as lactose-free and probiotic products, which offer potential for higher profit margins. With increasing health consciousness and a focus on sustainability, these trends are likely to have a significant impact on the Dairy Products & Eggs Market in Costa Rica.

Local special circumstances: In Costa Rica, the Dairy Products & Eggs Market is heavily influenced by the country's tropical climate and rich agricultural resources. This allows for a diverse range of dairy and egg products to be produced and consumed locally, such as fresh cheeses, yogurts, and free-range eggs. Additionally, the country's strong farming traditions and focus on sustainable farming practices contribute to the high quality and authenticity of these products. Moreover, the government's strict regulations on food safety and animal welfare ensure the production of safe and ethical dairy and egg products, making them highly trusted by consumers. These unique factors create a competitive advantage for the Dairy Products & Eggs Market in Costa Rica, driving its growth and success within The Food market.

Underlying macroeconomic factors: The Dairy Products & Eggs Market in Costa Rica is impacted by various macroeconomic factors, including global economic trends, national economic health, fiscal policies, and other relevant financial indicators. For instance, the country's GDP growth, inflation rate, and unemployment rate can significantly influence the demand for dairy products and eggs. Moreover, changes in consumer spending patterns, trade policies, and currency exchange rates can also affect market performance. In recent years, Costa Rica has experienced stable economic growth and low inflation, which has positively impacted the purchasing power of consumers and contributed to the growth of the dairy products and eggs market. Additionally, the country's favorable regulatory environment and investments in the agriculture sector have supported the production and export of dairy products and eggs, leading to increased market growth. However, challenges such as rising production costs and environmental concerns related to dairy farming may hinder the market's growth in the future.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

The first evidence of dairy consumption dates back over six thousand years, and today dairy products are enjoyed all over the world. Over the past couple millennia there has been an incredible amount of creativity and innovation when it comes to processing, fermenting, and consuming dairy products. In 2022, the value of the dairy market worldwide was estimated to be about 893 billion U.S. dollars, which is projected to grow to 1,243 billion dollars by 2028.