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Dairy Products & Eggs - Denmark

Denmark
  • Revenue in the Dairy Products & Eggs market amounts to US$3.21bn in 2024. The market is expected to grow annually by 6.04% (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$540.90 are generated in 2024.
  • In the Dairy Products & Eggs market, volume is expected to amount to 864.40m kg by 2029. The Dairy Products & Eggs market is expected to show a volume growth of 3.1% in 2025.0.
  • The average volume per person in the Dairy Products & Eggs market is expected to amount to 127.3kg 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.

In-Scope

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

Out-Of-Scope

  • Baby Food
  • Out-of-home consumption
Dairy Products & Eggs: market data & analysis - Cover

Market Insights report

Dairy Products & Eggs: market data & analysis

Study Details

    Revenue

    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

    Volume

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Price

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Sales Channels

    Most recent update: Nov 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Dairy Products & Eggs market in Denmark is experiencing minimal growth, influenced by factors such as consumer health awareness, increasing adoption of digital technologies, and convenience offered by online services. Despite the sub-markets of Milk, Yogurt, Cheese, and more, the overall market is impacted by changing consumer preferences and competition from milk and yogurt substitutes. This trend may continue to affect the market's growth rate in the future.

    Customer preferences:
    Consumers in Denmark are increasingly opting for plant-based dairy alternatives, driven by a growing awareness of the health and environmental benefits of such products. This trend is further fueled by a rise in flexitarianism and veganism, as well as a growing demand for lactose-free options. In addition, there has been a shift towards locally sourced and organic dairy and egg products, reflecting a preference for sustainable and ethical food choices.

    Trends in the market:
    In Denmark, the Dairy Products & Eggs Market within The Food market is seeing a rise in demand for organic and sustainable options. Consumers are increasingly concerned about animal welfare and the environmental impact of dairy production. This trend is expected to continue, with companies investing in sustainable practices and offering more plant-based alternatives. This shift towards ethical and sustainable consumption has potential implications for industry stakeholders, who may need to adapt their production and marketing strategies to cater to this growing consumer demand.

    Local special circumstances:
    In Denmark, the Dairy Products & Eggs market is heavily influenced by its strong dairy farming industry and the country's focus on sustainable agriculture. This has led to a high demand for organic and locally sourced dairy products, with many consumers willing to pay a premium for these products. Additionally, Denmark has strict regulations on animal welfare and food safety, which has helped to build consumer trust in the quality of dairy products. These factors contribute to a unique market dynamic, with a strong emphasis on sustainability and high-quality products.

    Underlying macroeconomic factors:
    The Dairy Products & Eggs Market in Denmark is greatly impacted by macroeconomic factors such as trade policies, consumer preferences, and government subsidies. With a strong focus on sustainability and organic production, Denmark has established itself as a leader in the global dairy industry. Additionally, the country's stable economy and high disposable income levels have contributed to the growth of the Dairy Products & Eggs Market. However, fluctuations in global dairy prices and changing consumer preferences towards plant-based alternatives could potentially hinder market growth.

    Methodology

    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.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Explore more high-quality data on related topic

    Global dairy industry - statistics & facts

    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.
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