Dairy Products & Eggs - Greece | Statista Market Forecast

Revenue in the Dairy Products & Eggs market amounts to US$4.12bn in 2024. The market is expected to grow annually by 3.93% (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$400.10 are generated in 2024.
In the Dairy Products & Eggs market, volume is expected to amount to 790.40m kg by 2029. The Dairy Products & Eggs market is expected to show a volume growth of 1.8% in 2025.0.
The average volume per person in the Dairy Products & Eggs market is expected to amount to 70.8kg 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 Greece has seen minimal growth due to factors such as changing consumer preferences towards healthier alternatives and the rise of substitutes. Despite this, increasing health awareness and the convenience of online services may drive future growth in this market.

Customer preferences: Consumers in Greece are increasingly turning towards organic and locally-sourced dairy products and eggs, as they prioritize sustainable and healthier food options. This trend is driven by a growing awareness of the environmental impact of food production and a desire for more natural and less processed foods. Additionally, there is a growing demand for plant-based dairy alternatives, as more consumers are adopting a flexitarian or vegan diet. These shifts in consumer preferences are also influenced by the younger generation's focus on health and wellness, as well as the increasing availability of these products in supermarkets and specialty stores.

Trends in the market: In Greece, the Dairy Products & Eggs Market within The Food market is experiencing a growing trend of organic and locally-sourced products. This trend is driven by a rising consumer demand for healthier and more sustainable options. Industry stakeholders are responding by investing in new technologies and production methods to meet this demand. Additionally, there is an increasing focus on product transparency and traceability, as consumers become more conscious about the source and quality of their food. This trend is expected to continue, presenting opportunities for industry players to differentiate themselves and tap into a growing market segment.

Local special circumstances: In Greece, the Dairy Products & Eggs market is influenced by the country's strong agricultural sector and traditional food culture. The demand for locally produced, high-quality dairy and egg products is high, and consumers prioritize products that are free from additives and hormones. Additionally, strict regulations and subsidies for the dairy industry have resulted in a highly competitive market. The cultural preference for dairy and egg-based dishes, such as feta cheese and omelets, also drives market growth.

Underlying macroeconomic factors: The Dairy Products & Eggs Market within The Food market in Greece is heavily impacted by macroeconomic factors such as economic stability, consumer income levels, and government policies related to trade and agriculture. The recent economic crisis in Greece has resulted in a decrease in consumer spending, leading to a decline in demand for dairy products and eggs. However, the country's efforts to improve its economic standing and attract foreign investment have led to the implementation of policies aimed at promoting agriculture and boosting the local dairy industry. Additionally, the growing health consciousness among consumers and increasing demand for high-quality dairy products and eggs are expected to drive market growth in the coming years.

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.