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Dairy Products & Eggs - Haiti

Haiti
  • Revenue in the Dairy Products & Eggs market amounts to US$385.80m in 2024. The market is expected to grow annually by 12.19% (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$32.51 are generated in 2024.
  • In the Dairy Products & Eggs market, volume is expected to amount to 90.54m kg by 2029. The Dairy Products & Eggs market is expected to show a volume growth of 4.8% in 2025.0.
  • The average volume per person in the Dairy Products & Eggs market is expected to amount to 6.1kg 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.

In-Scope

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

Out-Of-Scope

  • Baby Food
  • Out-of-home consumption
Dairy Products & Eggs: market data & analysis - Cover

Market Insights report

Dairy Products & Eggs: market data & analysis

Study Details

    Revenue

    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

    Volume

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Price

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Sales Channels

    Most recent update: Nov 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Dairy Products & Eggs market in Haiti is experiencing mild growth, driven by factors such as increasing health awareness, convenience of online services, and rising adoption of digital technologies. These factors impact sub-markets such as Milk, Yogurt, Cheese, and Eggs, as well as substitutes like Milk Substitutes, Yogurt Substitutes, and Cheese Substitutes. The market's growth rate is influenced by the country's economic and social conditions, as well as local consumption patterns.

    Customer preferences:
    Consumers in Haiti are increasingly turning towards locally-sourced dairy products and eggs, as they prioritize supporting local farmers and businesses. This trend is driven by a growing awareness of the benefits of buying locally, such as fresher and more nutritious products. Additionally, there is a growing preference for organic and sustainable options, as consumers become more health-conscious and environmentally conscious. This has led to a rise in demand for organic and free-range dairy and eggs, as well as a shift towards alternative, plant-based options like almond milk and vegan cheese.

    Trends in the market:
    In Haiti, the Dairy Products & Eggs Market within The Food market is experiencing a surge in demand for organic and locally sourced products. This trend is driven by increasing awareness of the benefits of sustainable and ethical food production, as well as a desire to support local farmers and businesses. This trajectory is significant as it represents a shift towards more conscious consumer choices and a potential opportunity for industry stakeholders to capitalize on this growing demand. However, it also poses challenges for smaller producers who may struggle to meet the standards and certifications required for organic products. Additionally, the reliance on imported dairy products may limit the potential growth of this trend.

    Local special circumstances:
    In Haiti, the Dairy Products & Eggs Market faces unique challenges due to the country's geography and socio-economic factors. The mountainous terrain and lack of infrastructure make it difficult for farmers to transport their products, resulting in higher prices for consumers. Additionally, cultural preferences for freshly produced goods limit the demand for processed dairy products. The market is also affected by government regulations, such as import restrictions and currency fluctuations. These factors contribute to a volatile and unpredictable market, making it challenging for businesses to operate and innovate.

    Underlying macroeconomic factors:
    The Dairy Products & Eggs Market within The Food market in Haiti is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other financial indicators. Haiti's economy has been struggling with high levels of poverty and unemployment, which directly impacts the purchasing power of consumers and their ability to afford dairy products and eggs. Additionally, fluctuations in global dairy prices and trade policies also play a significant role in the market's performance. The government's fiscal policies, such as taxes and subsidies, can also impact the production and pricing of dairy products and eggs in the country. Moreover, Haiti's vulnerability to natural disasters and political instability can also affect the market's stability and growth.

    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.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Explore more high-quality data on related topic

    Global dairy industry - statistics & facts

    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.
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