Dairy Products & Eggs - Europe | Statista Market Forecast

Revenue in the Dairy Products & Eggs market amounts to US$300.50bn in 2024. The market is expected to grow annually by 5.86% (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$356.10 are generated in 2024.
In the Dairy Products & Eggs market, volume is expected to amount to 89.09bn kg by 2029. The Dairy Products & Eggs market is expected to show a volume growth of 1.9% in 2025.0.
The average volume per person in the Dairy Products & Eggs market is expected to amount to 96.4kg 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 Europe is experiencing minimal growth due to various factors such as increasing health consciousness, convenience of online services, and adoption of digital technologies. These factors are impacting the growth rate of the overall market, including sub-markets such as Milk, Yogurt, Cheese, and more.

Customer preferences: Consumers in Europe are becoming more health-conscious and are seeking dairy products and eggs that are free from additives and hormones. This trend is driven by a growing awareness of the potential negative effects of these additives on one's health. Additionally, there is a growing demand for organic and locally-sourced dairy and eggs, as consumers prioritize sustainability and supporting local farmers. This shift towards healthier and more sustainable options is also reflected in the increase in sales of plant-based dairy alternatives.

Trends in the market: In Europe, the Dairy Products & Eggs Market within The Food market is experiencing a surge in demand for plant-based alternatives, driven by a growing focus on health and sustainability. Additionally, there is an increasing trend of incorporating functional ingredients, such as probiotics, into dairy products for added health benefits. This trajectory is significant as it reflects changing consumer preferences and has the potential to disrupt traditional dairy producers. Industry stakeholders must adapt to these trends and innovate in order to remain competitive in this evolving market.

Local special circumstances: In Europe, the Dairy Products & Eggs Market is heavily influenced by the region's long history and tradition of dairy farming. This has led to a high demand for locally-produced, high-quality dairy products, such as cheese and yogurt. Additionally, strict regulations regarding food safety and animal welfare have shaped the market, with consumers preferring products from trusted, reputable sources. The European Union also plays a significant role in the market, with policies and subsidies that support and protect the dairy industry. These factors, along with the region's diverse culinary culture, create a unique and highly competitive market for dairy products and eggs.

Underlying macroeconomic factors: The Dairy Products & Eggs Market in Europe is heavily influenced by macroeconomic factors such as economic growth, consumer spending, and government policies. With the increasing demand for dairy and egg products in the region, countries with strong economic growth and high levels of consumer spending are experiencing higher market growth. Additionally, government policies, such as subsidies for dairy farmers and trade agreements, play a significant role in shaping the market landscape. The rise in health consciousness and the growing trend of vegetarianism and veganism are also impacting the demand for dairy and egg alternatives, further influencing market performance.

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.