Market Insights Consumer Food Dairy Products & Eggs

Eggs - Bangladesh

Bangladesh

Revenue in the Eggs market amounts to US$2.42bn in 2024. The market is expected to grow annually by 10.68% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (US$22,500m in 2024).
In relation to total population figures, per person revenues of US$13.87 are generated in 2024.
In the Eggs market, volume is expected to amount to 1.33bn kg by 2029. The Eggs market is expected to show a volume growth of 6.0% in 2025.
The average volume per person in the Eggs market is expected to amount to 5.5kg in 2024.

Key regions: India, United States, Russia, South Korea, Japan

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Analyst Opinion

The Eggs Market in the Dairy Products & Eggs Market of The Food market in Bangladesh has seen a slow growth rate due to factors such as limited consumer awareness, lack of technological advancements, and limited access to online services. However, with increasing health consciousness and government initiatives, the market is expected to experience gradual growth.

Customer preferences: As the demand for healthier food options continues to rise in Bangladesh, there has been a noticeable shift towards organic and free-range eggs. This trend is driven by concerns over food safety and ethical sourcing, as well as a growing preference for natural and sustainable products. Additionally, with the rise of health-conscious millennials, there has been an increase in demand for specialty eggs such as omega-3 enriched and cage-free eggs.

Trends in the market: In Bangladesh, the Dairy Products & Eggs Market is experiencing a surge in demand for organic and locally sourced eggs, driven by rising health consciousness and a preference for sustainable food options. Additionally, the market is witnessing a trend of incorporating eggs into convenience foods and snacks, catering to the busy urban lifestyle. These trends are expected to continue, with potential implications for industry stakeholders such as the need for efficient supply chains and marketing strategies to target health-conscious consumers and capitalize on the growing demand for convenience foods.

Local special circumstances: In Bangladesh, the Dairy Products & Eggs Market is heavily influenced by the country's agricultural landscape and cultural preference for dairy-based products. The majority of the population relies on small-scale, rural dairy farms, creating a fragmented market with limited industrialization. Additionally, the Muslim-majority population's religious restrictions on pork consumption make eggs a popular source of protein, leading to a high demand for poultry. This unique combination of factors creates a strong market for local dairy and egg producers, while also presenting challenges for large-scale international companies looking to enter the market.

Underlying macroeconomic factors: The Eggs Market of the Dairy Products & Eggs Market within The Food market in Bangladesh is heavily influenced by macroeconomic factors such as technological advancements, regulatory support, and investment in food infrastructure. Countries with strong investment in food production technology and efficient regulatory systems are experiencing faster market growth compared to regions with limited technological advancements and regulatory challenges. Additionally, the increasing population and rising disposable income in Bangladesh are driving the demand for high-quality and affordable eggs, further boosting 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.