Market Insights Consumer Food Dairy Products & Eggs

Eggs - Zambia

Zambia

Revenue in the Eggs market amounts to US$42.67m in 2024. The market is expected to grow annually by 5.87% (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$2.02 are generated in 2024.
In the Eggs market, volume is expected to amount to 29.36m kg by 2029. The Eggs market is expected to show a volume growth of 3.2% in 2025.
The average volume per person in the Eggs market is expected to amount to 1.2kg in 2024.

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

Market

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Analyst Opinion

The Eggs Market in Zambia, within the Dairy Products & Eggs Market of The Food market, is experiencing negligible growth. This is due to factors such as low consumer awareness and limited access to digital technologies. However, the convenience of online services may drive growth in the future.

Customer preferences: Consumers in Zambia are increasingly looking for affordable and nutritious food options, leading to a growing demand for eggs as a staple source of protein. This trend is further fueled by the country's rising population and urbanization, as well as the shift towards healthier eating habits. Additionally, with the growing middle class, there is an increasing preference for organic and free-range eggs, indicating a shift towards more sustainable and ethical food choices.

Trends in the market: In Zambia, the Eggs Market of the Dairy Products & Eggs Market within The Food market is experiencing a shift towards locally-sourced and organic eggs. This trend is driven by increasing consumer demand for healthier and more sustainable food options. It also presents opportunities for local farmers to enter the market and cater to this growing demand. However, this trend may also pose challenges for larger egg producers who rely on imported eggs. As such, industry stakeholders need to adapt their production and distribution strategies to remain competitive in the evolving market.

Local special circumstances: In Zambia, the Eggs Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's geographical location and cultural preferences. Being a landlocked country, Zambia relies heavily on local production for its egg supply, resulting in a high demand for domestic eggs. Additionally, traditional Zambian cuisine heavily incorporates eggs, leading to a strong cultural preference for this product. The regulatory landscape also plays a role, as the government has implemented policies to support local egg production and limit imports. These factors contribute to a unique market dynamic in Zambia's Eggs Market.

Underlying macroeconomic factors: The Eggs Market of the Dairy Products & Eggs Market within The Food market in Zambia is strongly influenced by macroeconomic factors such as economic growth, consumer purchasing power, and government policies. As the country's economy continues to grow, consumers have more disposable income to spend on high-quality dairy and egg products. Additionally, government initiatives to promote the dairy and egg industry, such as subsidies and tax incentives, have further stimulated market growth. However, fluctuations in global commodity prices and currency exchange rates can also impact market performance, as Zambia heavily relies on imports for its dairy and egg products.

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.