Definition:
The eggs market covers only chicken eggs.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.
For more information on the displayed data, click the info button on the right side of each box.Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Eggs Market in Northern Europe is experiencing minimal growth due to various factors such as low consumer demand, limited technological advancements, and strict regulations on egg production. However, increasing health consciousness and the convenience of online egg purchasing may contribute to future growth.
Customer preferences: As more consumers prioritize sustainability and ethical consumption, there has been a growing demand for free-range and organic eggs in Northern Europe. This trend is driven by cultural values and a desire for transparency in food production. Additionally, the rise of flexitarian and plant-based diets has led to an increased interest in alternative egg products, such as vegan egg substitutes, in this region.
Trends in the market: In Northern Europe, the Eggs Market of the Dairy Products & Eggs Market within The Food market is experiencing a surge in demand for organic and free-range eggs, as consumers become more health-conscious and environmentally aware. This trend is driven by the increasing popularity of plant-based diets and the desire for sustainable food choices. As a result, the market is seeing a rise in niche products, such as organic and pasture-raised eggs, as well as an increase in online sales channels. This trend is expected to continue, as consumers become more mindful of the source and production methods of their food. For industry stakeholders, this trend presents opportunities for innovation and differentiation, as well as the need to ensure transparency and traceability in their supply chain.
Local special circumstances: In Northern Europe, the Eggs Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the region's strong farming tradition and strict regulations on food production. This has led to a high demand for organic and free-range eggs, as consumers prioritize animal welfare and sustainable farming practices. Additionally, the region's colder climate and shorter daylight hours have resulted in a shorter laying period for hens, leading to a higher price for eggs. Furthermore, the growing trend of plant-based diets in countries like Sweden and Denmark has created a niche market for egg alternatives made from plant-based ingredients. These unique local factors have shaped the Eggs Market in Northern Europe and continue to drive its growth and evolution.
Underlying macroeconomic factors: The Eggs Market of the Dairy Products & Eggs Market within The Food market is impacted by various macroeconomic factors in Northern Europe. These include global economic trends, national economic health, fiscal policies, and financial indicators. Countries with strong economic growth and stable fiscal policies, such as Denmark and Sweden, are expected to experience higher demand for eggs due to increased consumer purchasing power. On the other hand, countries with slower economic growth and weaker fiscal policies, like Finland and Iceland, may see slower market growth. Additionally, changing consumer preferences, increasing health consciousness, and the rise of plant-based alternatives are also influencing the market in Northern Europe.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights