Key regions: India, United States, Russia, South Korea, Japan
The Eggs Market in the Dairy Products & Eggs Market within The Food market in EMEA is seeing minimal growth, due to factors such as stagnant consumer demand and limited innovation. Despite this, the market is still driven by convenience and health awareness among consumers.
Customer preferences: As consumers become more health-conscious, there is a growing demand for organic and free-range eggs in the EMEA region. This trend is driven by concerns over animal welfare and the desire for natural, unprocessed food products. As a result, there has been a rise in small-scale, local egg producers who offer a more ethical and sustainable alternative to factory-farmed eggs. Additionally, the popularity of plant-based diets and the rise of flexitarianism have also contributed to the increased demand for eggs from free-range and organic sources.
Trends in the market: In EMEA, the Eggs Market of the Dairy Products & Eggs Market within The Food market is experiencing a shift towards consumer demand for organic and free-range eggs. This trend is driven by increasing awareness of animal welfare and health concerns. In addition, there is a growing demand for innovative egg-based products, such as protein bars and shakes. These trends are expected to continue, with potential implications for industry stakeholders including the need for sustainable and ethically-sourced egg production and the need for product diversification to meet evolving consumer preferences.
Local special circumstances: In the EMEA region, the Eggs Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by cultural and regulatory factors. For instance, in countries like France and Italy, where eggs are a staple in the cuisine, there is a strong demand for high-quality, organic eggs. In contrast, in countries like Saudi Arabia and the UAE, where there is a large Muslim population, the market for halal-certified eggs is seeing significant growth. Additionally, strict regulations on animal welfare and food safety standards in Europe have a significant impact on production and pricing in the market.
Underlying macroeconomic factors: The Eggs Market of the Dairy Products & Eggs Market within The Food market is heavily impacted by macroeconomic factors such as consumer spending, trade policies, and economic growth. Countries with strong economic growth and high consumer spending are likely to experience increased demand for eggs, while those with sluggish economies may see a decline in demand. Additionally, trade policies and regulations on imports and exports can also affect the availability and pricing of eggs in the market. Moreover, fluctuations in exchange rates and inflation rates can impact the cost of production and ultimately the price of eggs for consumers. These factors must be carefully monitored and managed in order to maintain a stable and competitive Eggs Market in EMEA.
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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