Dairy Products & Eggs - Laos | Statista Market Forecast

Revenue in the Dairy Products & Eggs market amounts to US$489.70m in 2024. The market is expected to grow annually by 6.25% (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$63.29 are generated in 2024.
In the Dairy Products & Eggs market, volume is expected to amount to 251.10m kg by 2029. The Dairy Products & Eggs market is expected to show a volume growth of 3.1% in 2025.0.
The average volume per person in the Dairy Products & Eggs market is expected to amount to 28.0kg 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 Laos has seen minimal growth in recent years due to a combination of factors. The increasing adoption of digital technologies has not yet fully reached this market, and there is a lack of health awareness among consumers. Additionally, the convenience offered by online health services is not as readily available in the Dairy Products & Eggs market, leading to slower growth compared to other markets within the Food industry in Laos. However, efforts to promote and educate consumers on the benefits of dairy and egg products, as well as the introduction of substitutes, may contribute to future growth in this market.

Customer preferences: Consumers in Laos are increasingly opting for organic and locally sourced dairy products and eggs, reflecting a growing concern for sustainable and ethical food choices. This trend is particularly evident among younger generations who are more attuned to environmental and social issues. As a result, there has been a rise in demand for products that are free from hormones, antibiotics, and other additives. Additionally, there is a growing preference for plant-based alternatives to traditional dairy products, indicating a shift towards a more health-conscious and environmentally friendly diet.

Trends in the market: In Laos, the Dairy Products & Eggs Market is experiencing a rise in consumer demand for organic and locally-sourced products. This trend is driven by a growing awareness of the health benefits of organic foods and a desire to support local farmers and businesses. Additionally, there is a growing trend of incorporating non-dairy alternatives, such as soy and almond milk, into the market. These trends are significant as they reflect a shift towards healthier and more sustainable food choices. For industry stakeholders, this presents an opportunity to tap into the increasing demand for organic and alternative dairy products. However, it also poses a challenge to traditional dairy producers to adapt to changing consumer preferences. Ultimately, the trajectory of these trends suggests a continued growth in the demand for organic and non-dairy products in the Dairy Products & Eggs Market in Laos.

Local special circumstances: In Laos, the Dairy Products & Eggs market is heavily influenced by the country's agricultural landscape and traditional food preferences. With a large rural population, there is a high demand for locally produced dairy and egg products. Additionally, the government's focus on promoting sustainable farming practices has led to a rise in organic and free-range products in the market. Cultural factors such as the preference for fresh and unprocessed food also play a significant role in shaping the market. Regulatory policies promoting food safety and quality further differentiate the market from others.

Underlying macroeconomic factors: The Dairy Products & Eggs Market within The Food market in Laos is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other relevant financial indicators. The market's performance is directly impacted by the stability of the country's economy and its ability to attract investment. Regions with strong economic growth and stable policies are experiencing a higher demand for dairy products and eggs, as consumers have more disposable income to spend on these products. Additionally, the increasing urbanization and changing dietary preferences in Laos have also contributed to the growth of the 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.

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.