Key regions: Spain, Canada, United Kingdom, United States, Philippines
The Dairy Products & Eggs Market in Jordan has seen a steady growth rate due to factors such as increasing health consciousness among consumers, availability of online services for dairy products, and the use of dairy substitutes. However, the market's growth is hindered by challenges such as lack of technological infrastructure and limited options for milk, yogurt, and cheese substitutes.
Customer preferences: In recent years, there has been a noticeable increase in demand for organic and locally-sourced dairy products and eggs in Jordan. This trend is largely influenced by a growing health consciousness among consumers, as well as a desire for more sustainable and ethical food options. Additionally, there has been a rise in popularity of plant-based alternatives to traditional dairy products, driven by a growing vegan and vegetarian population in the country. This shift towards more mindful and conscientious food choices is expected to continue shaping the Dairy Products & Eggs Market within The Food market in Jordan.
Trends in the market: In Jordan, the Dairy Products & Eggs Market within The Food market is seeing a surge in demand for organic and locally-sourced products. This trend is driven by a growing awareness of health and environmental concerns, as well as a desire to support local farmers. This trajectory is expected to continue, with consumers willing to pay a premium for these products. Industry stakeholders should focus on promoting sustainability and transparency in their production processes to capitalize on this trend. Additionally, digital platforms for online ordering and delivery are gaining popularity, providing opportunities for producers to reach a wider customer base and improve their distribution channels.
Local special circumstances: In Jordan, the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's geographical location and cultural traditions. The hot and arid climate makes dairy products and eggs a staple in the local diet, leading to a high demand for these products. Additionally, the country's strict regulations on food safety and quality standards ensure that consumers have access to safe and healthy dairy and egg products. Cultural traditions also play a significant role, with dairy and eggs being popular ingredients in traditional dishes and celebrations. This unique blend of geographical, cultural, and regulatory factors contributes to the dynamics of the Dairy Products & Eggs Market in Jordan.
Underlying macroeconomic factors: The Dairy Products & Eggs Market in Jordan is heavily influenced by macroeconomic factors such as global economic trends, national economic health, and fiscal policies. As the country continues to experience economic growth and stability, there is a growing demand for dairy products and eggs. Additionally, Jordan's government has implemented policies to support the agricultural sector, which has greatly benefited the Dairy Products & Eggs Market. The market is also impacted by the growing trend of health-conscious consumers, leading to an increased demand for organic and healthy dairy and egg products. Furthermore, the rise in tourism and hospitality industry in Jordan has also contributed to the growth of the market, with a higher demand for dairy and egg products in hotels and restaurants.
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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