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:
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.
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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 EU-27 Dairy Products & Eggs Market is experiencing minimal growth, influenced by factors such as consumer preference for alternative plant-based milk and yogurt substitutes, increasing health concerns about traditional dairy products, and the availability of online shopping for dairy products. However, cheese and egg markets show steady growth due to their versatile use in various cuisines and increasing demand for protein-rich food.
Customer preferences: As consumers become more health-conscious and environmentally aware, there is a growing demand for sustainable and plant-based alternatives in the Dairy Products & Eggs Market. This trend is driven by cultural shifts towards reducing meat consumption and concerns about animal welfare. Additionally, the rise of flexitarian and vegan lifestyles has led to an increase in the availability and variety of dairy-free and plant-based dairy products. This shift towards sustainable and ethical food choices is expected to continue in the coming years.
Trends in the market: In the EU-27, the Dairy Products & Eggs Market is experiencing a shift towards plant-based alternatives, with a growing number of consumers opting for vegan and vegetarian options. This trend is driven by increasing concerns about animal welfare, environmental sustainability, and health benefits. Additionally, there is a rise in demand for organic and locally sourced dairy products, reflecting a preference for clean and sustainable food options. These trends have significant implications for industry stakeholders, as they must adapt to changing consumer preferences and invest in innovative products to stay competitive in the market.
Local special circumstances: In France, the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's rich culinary culture and strong preference for high-quality, locally sourced products. This has led to a strong demand for premium dairy and egg products, with a focus on traditional production methods and artisanal brands. Additionally, strict regulations on food safety and labeling have shaped consumer trust and shaped the competitive landscape, with smaller, family-owned businesses thriving in this market.
Underlying macroeconomic factors: The Dairy Products & Eggs Market within The Food market in EU-27 is heavily influenced by macroeconomic factors such as consumer spending, trade policies, and government subsidies. Countries with strong economic growth and consumer purchasing power, as well as those with favorable trade agreements and policies, typically experience higher demand for dairy products and eggs. Additionally, government subsidies for dairy farmers and producers can impact market performance, as they can affect the availability and pricing of these products. Moreover, global economic trends, such as changes in population demographics and shifts in dietary preferences, can also shape the demand for dairy products and eggs in the EU-27 market.
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