Dairy Products & Eggs - Eastern Asia

Revenue in the Dairy Products & Eggs market amounts to US$222.50bn in 2024. The market is expected to grow annually by 7.68% (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$136.10 are generated in 2024.
In the Dairy Products & Eggs market, volume is expected to amount to 71.40bn kg by 2029. The Dairy Products & Eggs market is expected to show a volume growth of 5.6% in 2025.0.
The average volume per person in the Dairy Products & Eggs market is expected to amount to 34.1kg 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 Eastern Asia is facing minimal growth due to factors such as increasing competition from milk substitutes, changing consumer preferences, and slow adoption of digital technologies. Despite rising health awareness, the convenience of online services has not been fully embraced in this market. However, the demand for traditional dairy products such as milk, yogurt, cheese, and eggs remains steady, with potential for growth in the future.

Customer preferences: The Dairy Products & Eggs Market in Eastern Asia has seen a rise in demand for organic and plant-based dairy alternatives, driven by increasing health consciousness and ethical considerations. Additionally, there has been a growing preference for locally sourced and sustainable dairy products, reflecting a shift towards supporting local businesses and reducing environmental impact. This trend is further reinforced by the rising popularity of flexitarian and vegan diets, particularly among younger generations who prioritize health and sustainability in their food choices.

Trends in the market: In Eastern Asia, the Dairy Products & Eggs Market is experiencing a shift towards healthier options, with a growing demand for organic and plant-based products. This is driven by an increasing awareness of the health benefits of these products, as well as concerns over environmental sustainability. In addition, there is a trend towards premium and artisanal dairy products, as consumers seek out unique and high-quality options. This trajectory is significant as it reflects changing consumer preferences and presents opportunities for industry stakeholders to innovate and cater to these emerging trends. However, it also poses challenges for traditional dairy producers who may need to adapt their practices to meet these changing demands.

Local special circumstances: In Eastern Asia, the Dairy Products & Eggs Market is heavily influenced by cultural dietary preferences and traditions, as well as strict regulations on food safety and quality. For example, in China, dairy consumption has traditionally been low due to a prevalence of lactose intolerance. However, with an increasing interest in Western diets and a growing middle class, there has been a rise in demand for dairy products. Additionally, Japan has strict regulations on dairy production and imports, leading to a reliance on domestically produced dairy. These unique factors heavily influence market dynamics in the region.

Underlying macroeconomic factors: The Dairy Products & Eggs Market within The Food market in Eastern Asia is significantly impacted by macroeconomic factors such as consumer spending power, population growth, and government policies. As the region experiences rapid economic growth and urbanization, there is an increasing demand for dairy products and eggs, especially in emerging markets like China and India. Additionally, changing dietary patterns and a growing awareness of the health benefits of these products are also driving market growth. However, trade tensions and fluctuations in commodity prices can pose challenges for market players.

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.