Dairy Products & Eggs - EMEA | Statista Market Forecast

Revenue in the Dairy Products & Eggs market amounts to US$443.40bn in 2024. The market is expected to grow annually by 7.01% (CAGR 2024-2029).
In global comparison, most revenue is generated India (US$173bn in 2024).
In relation to total population figures, per person revenues of US$181.60 are generated in 2024.
In the Dairy Products & Eggs market, volume is expected to amount to 140.90bn kg by 2029. The Dairy Products & Eggs market is expected to show a volume growth of 2.6% in 2025.0.
The average volume per person in the Dairy Products & Eggs market is expected to amount to 51.1kg in 2024.

Definition:

The Dairy Products and Eggs market covers eggs and dairy products which play a major role in the daily diet of many consumers. The market includes milk substitutes, milk, products made from mammal’s milk or milk components, and eggs that are harvested from domesticated animals for human consumption, such as chickens, ducks, or quails.

Structure:

The market consists of 8 different submarkets:

The Milk market covers fresh milk that is defined as an animal product containing proteins, lactose, fats, and water.
The Milk substitutes market covers all types of plant-based milk, such as soya, almond, oat, rice, coconut, spelt, and other. “Other” includes hazelnut, soya/rice blend, buckwheat, cashew, pea, millet, lupine, hemp, quinoa, flax seed, grain, etc.
The Yogurt market covers products that are made when milk is fermented by bacteria.
The Cheese market covers solid products obtained by coagulating milk.
Yogurt substitutes cover non-dairy alternatives to traditional yogurt
Cheese substitutes cover non-dairy alternatives to traditional cheese
The Eggs market covers chicken eggs.
The Other Dairy Products & Eggs market covers other products made from milk or milk components and other types of edible 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), and 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.

Fresh milk
Yogurt
Cheese
Eggs
preserved and powdered milk, cream, curd, yogurt drinks
Milk substitutes

Baby Food
Out-of-home consumption

The Dairy Products & Eggs market in EMEA is seeing moderate growth, driven by factors such as increasing consumer demand for healthier options, rising health consciousness, and the convenience of online purchasing. Sub-markets such as Milk and Yogurt are experiencing a steady growth rate, while Cheese and Other Dairy Products & Eggs are facing challenges due to changing dietary trends. The market for Milk Substitutes, Yogurt Substitutes, and Cheese Substitutes is also expected to grow as more consumers opt for plant-based alternatives. These factors, along with the minimal growth rate, are impacting the overall market in EMEA.

Customer preferences: In the EMEA region, there has been a growing trend towards plant-based and vegan diets, driven by an increasing awareness of health and sustainability. This has resulted in a rise in demand for dairy-free and egg-free alternatives, such as plant-based milk and egg substitutes. Furthermore, the rise of flexitarian and vegetarian lifestyles has also contributed to the growth of this market segment. As a result, food companies are investing in research and development to innovate and cater to the changing consumer preferences.

Trends in the market: In EMEA's Dairy Products & Eggs Market, the current trend is a growing demand for organic and plant-based alternatives. This trend is driven by increasing health consciousness and ethical concerns surrounding animal agriculture. As a result, companies are investing in research and development to create innovative products that cater to this demand. Additionally, there is a rising focus on sustainability and reducing the carbon footprint of the industry, leading to the adoption of eco-friendly practices and packaging. These trends have significant implications for industry stakeholders, as they must adapt to changing consumer preferences and embrace sustainable practices to remain competitive in the market. Failure to do so could result in losing market share to more environmentally conscious competitors.

Local special circumstances: In EMEA, the Dairy Products & Eggs Market within The Food market is influenced by various unique factors. In Europe, the market is heavily regulated with strict food safety standards, leading to a high demand for organic and locally sourced dairy products. In the Middle East, cultural preferences for fresh dairy products have resulted in a thriving market for camel milk. In Africa, limited access to refrigeration has led to a preference for shelf-stable dairy products, such as powdered milk. These local factors greatly shape market dynamics and consumer preferences in the region.

Underlying macroeconomic factors: The growth of the Dairy Products & Eggs Market within The Food market in EMEA is influenced by macroeconomic factors such as global economic trends, national economic health, and fiscal policies. For instance, countries with a stable and growing economy are likely to experience higher demand for dairy products and eggs, as consumers have more disposable income. Furthermore, government policies and subsidies can also impact the market, as they can either stimulate or hinder production and consumption. Additionally, the increasing health consciousness among consumers and the growing demand for protein-rich diets are also driving the market growth for dairy products and eggs 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.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

The first evidence of dairy consumption dates back over six thousand years, and today dairy products are enjoyed all over the world. Over the past couple millennia there has been an incredible amount of creativity and innovation when it comes to processing, fermenting, and consuming dairy products. In 2022, the value of the dairy market worldwide was estimated to be about 893 billion U.S. dollars, which is projected to grow to 1,243 billion dollars by 2028.