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:
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.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Dairy Products & Eggs market in Czechia has seen a slight growth rate, influenced by factors such as increasing health consciousness among consumers, technological advancements in the industry, and the availability of online services. The market is expected to continue growing as demand for milk, yogurt, cheese, and other dairy products remains consistent, and alternatives such as milk substitutes, yogurt substitutes, and cheese substitutes gain popularity.
Customer preferences: With a growing emphasis on health and wellness, Czech consumers are increasingly turning to alternative dairy products and eggs. This includes plant-based options such as almond milk and vegan eggs, which cater to the rising demand for vegetarian and vegan diets. In addition, there has been a shift towards locally sourced and organic dairy and egg products, as consumers prioritize sustainability and ethical production practices. This trend is also driven by an increasing awareness of the environmental impact of traditional dairy and egg farming methods.
Trends in the market: In Czechia, the Dairy Products & Eggs Market within The Food market is experiencing a trend towards healthier and more sustainable options. Consumers are increasingly seeking out organic and locally-sourced dairy and egg products, as well as plant-based alternatives. This trend is expected to continue, with a focus on transparency and ethical production methods. It could have significant implications for industry stakeholders, as they may need to adapt their production and marketing strategies to meet the growing demand for sustainable and ethical products.
Local special circumstances: In Czechia, the Dairy Products & Eggs Market is heavily influenced by the country's rich dairy farming tradition and strong preference for high-quality, locally-sourced products. This is reflected in the strict regulations and labeling requirements for dairy products, ensuring their authenticity and origin. Additionally, the country's central location in Europe allows for easy distribution and export of dairy products to neighboring countries. The market is also impacted by the popularity of traditional Czech dishes, such as fried cheese and dumplings, which heavily feature dairy products as main ingredients.
Underlying macroeconomic factors: The Dairy Products & Eggs Market within The Food market in Czechia is heavily influenced by macroeconomic factors such as the country's economic stability, consumer purchasing power, and government regulations. With a growing economy and rising disposable incomes, the demand for dairy and egg products is expected to increase. Additionally, the government's support for the agriculture sector, including subsidies for dairy farmers and investment in modernizing dairy production, is expected to drive market growth. However, factors such as fluctuating milk prices and changing dietary preferences may pose challenges to market growth. Overall, the Dairy Products & Eggs Market in Czechia is expected to benefit from the country's stable economy and supportive government policies.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights