Key regions: Spain, Canada, United Kingdom, United States, Philippines
The Dairy Products & Eggs market in the D-A-CH region is experiencing minimal growth, influenced by factors such as changing consumer preferences, increasing health consciousness, and the availability of substitutes. While the sub-markets of Milk, Yogurt, and Cheese have shown steady growth, the market for Eggs and Other Dairy Products has been impacted by the rise of plant-based substitutes. However, with the growing demand for healthier and sustainable options, the market is expected to see a gradual increase in the coming years.
Customer preferences: Consumers in the D-A-CH region are showing a growing interest in plant-based dairy alternatives, driven by health and sustainability concerns. This trend is also fueled by the increasing number of individuals following vegan or flexitarian diets. In addition, there is a rising demand for organic and locally sourced dairy products, as consumers prioritize transparency and ethical sourcing in their food choices. These preferences are also reflected in the growing popularity of ethically certified dairy brands and products.
Trends in the market: In the D-A-CH region, there is a growing demand for organic and sustainably produced dairy products and eggs. This trend is driven by consumer concerns about animal welfare and the environmental impact of conventional farming practices. As a result, there has been an increase in the adoption of certification schemes and labels for organic and free-range products. This trend is expected to continue, with more consumers willing to pay a premium for ethically produced dairy and egg products. This presents opportunities for industry stakeholders to capitalize on this trend by offering more sustainable options and promoting transparency in their production processes. However, it also poses challenges for traditional dairy and egg producers to adapt to these changing consumer preferences and compete with new entrants in the market.
Local special circumstances: In D-A-CH, the Dairy Products & Eggs Market within The Food market is heavily influenced by the region's strong agricultural heritage and strict regulations on food production and safety. This has resulted in a high demand for locally sourced and organic dairy and egg products. In addition, the market is also driven by the growing trend towards healthy and sustainable food choices, leading to a rise in plant-based alternatives. Germany, Austria, and Switzerland have their own unique cultural preferences and consumption patterns, further shaping the dynamics of the Dairy Products & Eggs Market within The Food market.
Underlying macroeconomic factors: The Dairy Products & Eggs Market within The Food market is impacted by various macroeconomic factors, such as global economic trends, national economic health, fiscal policies, and financial indicators. For example, countries with strong economic growth and stable political environments are expected to have a higher demand for dairy products and eggs. Additionally, factors such as population growth, urbanization, and changing dietary preferences also play a role in the market growth. Moreover, government regulations and policies related to food safety and labeling can impact consumer confidence and purchasing decisions. Furthermore, fluctuations in commodity prices and currency exchange rates can also affect the production and pricing of dairy products and eggs.
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)
