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Key regions: Spain, Canada, United Kingdom, United States, Philippines
The Dairy Products & Eggs market in Croatia is seeing minimal growth, influenced by factors such as changing consumer preferences, rising health concerns, and the convenience of online shopping. This growth is also impacted by the sub-markets within The Food market, such as Milk, Yogurt, Cheese, and Eggs, as well as substitutes for these products.
Customer preferences: As health and wellness continue to be top priorities for consumers in Croatia, there has been a noticeable increase in demand for organic and locally sourced dairy products and eggs. This trend is fueled by a growing awareness of the benefits of sustainable and ethical food choices. Additionally, a rising interest in plant-based alternatives to dairy has been observed, driven by concerns about animal welfare and environmental impact. This reflects a shift towards more conscious and mindful consumption habits in the country.
Trends in the market: In Croatia, the Dairy Products & Eggs Market is experiencing a shift towards organic and locally sourced products, as consumers become more health-conscious and environmentally aware. This trend is also driven by the increasing popularity of plant-based diets. As a result, there is a growing demand for specialty dairy products such as goat and sheep milk, as well as for free-range eggs. This trend is expected to continue as consumers prioritize sustainability and ethical consumption, presenting opportunities for industry stakeholders to differentiate their products and cater to evolving consumer preferences.
Local special circumstances: In Croatia, the Dairy Products & Eggs Market is heavily influenced by the country's geographical location and cultural traditions. The fertile land and favorable climate make it a prime location for dairy farming, resulting in a wide variety of high-quality dairy products. Additionally, the strong cultural connection to agriculture and traditional cuisine drives demand for locally produced dairy and egg products. Furthermore, strict regulatory standards ensure the safety and quality of these products, giving consumers confidence in their purchases. This unique combination of factors creates a strong and stable market for dairy and eggs in Croatia.
Underlying macroeconomic factors: The Dairy Products & Eggs Market in Croatia is impacted by various macroeconomic factors, including global economic trends, national economic health, fiscal policies, and other financial indicators. For instance, the market is influenced by the country's GDP growth, inflation rates, and consumer spending. Additionally, changes in trade policies and regulations can also impact market performance, as well as fluctuations in exchange rates and interest rates. Moreover, the increasing demand for healthy and natural food products is driving the growth of the market in Croatia, as consumers are becoming more health-conscious and are willing to pay a premium for high-quality dairy and egg products. Furthermore, the rising number of lactose-intolerant individuals and the growing trend of veganism are also driving the demand for alternative dairy products in the country.
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.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)