Eggs - Mauritius | Statista Market Forecast

The Eggs Market in Mauritius has seen a slow growth rate due to factors such as limited consumer awareness and traditional buying habits. Despite this, the market is expected to see steady growth in the coming years as digital technologies and online services become more widely adopted.

Customer preferences: As health and wellness become more prominent concerns for consumers, there is a growing demand for organic and free-range eggs in Mauritius. This shift towards healthier and more sustainable options is driven by increasing awareness of the negative impacts of conventional egg production on animal welfare and the environment. Furthermore, the rise of flexitarian and plant-based diets has also led to a growing demand for plant-based egg alternatives, such as tofu and chickpea flour. This trend is expected to continue as consumers prioritize health and ethical considerations in their food choices.

Trends in the market: In Mauritius, the Eggs Market of the Dairy Products & Eggs Market within The Food market is experiencing a shift towards organic and free-range eggs, as consumers become more health-conscious and aware of animal welfare. This trend is expected to continue as the government promotes sustainable farming practices and consumers demand transparency in food production. The rise of e-commerce platforms is also driving the growth of the Eggs Market, making it easier for consumers to access a variety of egg products. This presents opportunities for industry stakeholders to tap into the growing demand for healthier and ethically-produced eggs.

Local special circumstances: In Mauritius, the Eggs Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the island's small size and dependence on tourism and imported goods. The country's unique cultural blend of Indian, African, Chinese, and European influences also plays a role in consumer preferences. Additionally, strict government regulations on food imports and production, such as mandatory pasteurization and labeling requirements, create a barrier for foreign competitors. Due to these factors, the Eggs Market in Mauritius is dominated by local suppliers, making it a highly competitive market for international companies to enter.

Underlying macroeconomic factors: The Eggs Market of the Dairy Products & Eggs Market within The Food market in Mauritius is influenced by various macroeconomic factors. These include global economic trends, national economic health, fiscal policies, and other financial indicators that impact market performance. For instance, the market may experience growth due to favorable economic conditions, such as increasing consumer disposable income and overall economic stability. On the other hand, economic downturns and financial instability may result in a decline in market demand. Moreover, government policies, such as trade agreements and import/export regulations, can also significantly impact the market's performance. Overall, the market's growth is closely tied to the country's economic performance and policies.

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.