Eggs - Haiti

  • Haiti
  • Revenue in the Eggs market amounts to US$30.50m in 2024. The market is expected to grow annually by 8.61% (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$2.59 are generated in 2024.
  • In the Eggs market, volume is expected to amount to 7.22m kg by 2029. The Eggs market is expected to show a volume growth of 1.8% in 2025.
  • The average volume per person in the Eggs market is expected to amount to 0.6kg in 2024.

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

 
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Analyst Opinion

The Eggs Market in Haiti has been experiencing minimal growth in the Dairy Products & Eggs Market within The Food market. This can be attributed to factors such as limited access to technology, low health awareness, and challenges in distribution.

Customer preferences:
Consumers in Haiti are becoming more health-conscious, leading to a growing demand for organic and locally sourced eggs. This trend is driven by a cultural preference for natural and sustainable food options, as well as an increasing awareness of the health benefits of organic products. Additionally, as the country's population becomes more urbanized and time-pressed, there is a rising demand for convenient and healthy on-the-go food options, making eggs a popular choice due to their high protein and nutrient content.

Trends in the market:
In Haiti, the Dairy Products & Eggs Market is experiencing a surge in demand for protein-rich foods, leading to an increase in the consumption of eggs. This trend is expected to continue as the country's economy continues to grow and more consumers become health-conscious. Additionally, there is a growing emphasis on sustainable and ethical food production, which has led to an increase in free-range and organic egg sales. This trend is significant as it reflects a shift towards healthier and more environmentally-friendly food choices. Industry stakeholders should take note of this trend and adapt their production and marketing strategies accordingly to capitalize on this growing market.

Local special circumstances:
In Haiti, the Eggs Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's geographical location. Being an island nation, Haiti relies heavily on imports for its food supply, making it vulnerable to fluctuations in global prices. Additionally, the country's cultural preference for fresh and unprocessed foods has led to a limited demand for dairy products, including eggs. Furthermore, the regulatory environment in Haiti is still developing, resulting in challenges for market players to navigate and establish a stable presence in the Eggs Market.

Underlying macroeconomic factors:
The Eggs Market of the Dairy Products & Eggs Market within The Food market in Haiti is influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other relevant financial indicators. Haiti's economy has faced challenges in recent years, including high inflation, political instability, and natural disasters. These factors have had a significant impact on the country's overall economic performance and can also affect the demand for eggs in the market. Additionally, Haiti's agricultural sector, which includes the production of dairy products and eggs, has been hindered by limited access to credit, infrastructure, and technology. These factors can limit the growth of the Eggs Market in Haiti and impact the overall performance of the Dairy Products & Eggs Market in the country.

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.

Overview

  • Revenue
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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