Key regions: India, United States, Russia, South Korea, Japan
The Eggs Market in Central & Western Europe is experiencing minimal growth due to factors such as increasing awareness of healthy eating habits and the convenience of online shopping for dairy products. This trend is impacting the market's growth rate, but it is still expected to see steady growth in the coming years.
Customer preferences: Consumers in Central & Western Europe are increasingly opting for free-range and organic eggs, driven by rising awareness of animal welfare and sustainability. Additionally, there is a growing demand for protein-rich breakfast options, leading to a rise in the consumption of egg-based dishes like omelets and frittatas. This trend is further supported by the increasing popularity of flexitarian and plant-based diets, where eggs are seen as a versatile and nutritious source of protein.
Trends in the market: In Central & Western Europe, the Eggs Market of the Dairy Products & Eggs Market within The Food market is experiencing a shift towards healthier and more sustainable options. This trend is driven by increasing consumer awareness of the environmental and health impacts of conventional egg production methods. As a result, there is a growing demand for free-range, organic, and cage-free eggs. This trend is expected to continue, with potential implications for industry stakeholders to adapt their production methods and marketing strategies to meet changing consumer preferences.
Local special circumstances: In Central & Western Europe, the Eggs Market of the Dairy Products & Eggs Market within The Food market is influenced by various factors. For instance, the region has a high demand for organic and free-range eggs due to increasing health consciousness among consumers. Additionally, strict regulations on animal welfare and food safety standards drive the production and consumption of eggs. Furthermore, the region's climate and geography play a crucial role in egg production, with colder countries having a shorter laying season and relying on imports. These factors create a unique market dynamic for eggs in Central & Western Europe.
Underlying macroeconomic factors: The Eggs Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by macroeconomic factors such as consumer purchasing power, economic stability, and government policies. Countries with strong economic growth and stable political environments tend to have higher demand for eggs and other dairy products due to increased disposable income and consumer spending. Additionally, government initiatives to promote healthy eating habits and support local agriculture can also impact the performance of the Eggs Market. On the other hand, economic downturns and unstable political climates can lead to reduced demand for dairy products and eggs, affecting market growth.
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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