Dairy Products & Eggs - Malawi | Statista Market Forecast

Revenue in the Dairy Products & Eggs market amounts to US$618.60m in 2024. The market is expected to grow annually by 7.38% (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$28.81 are generated in 2024.
In the Dairy Products & Eggs market, volume is expected to amount to 194.70m kg by 2029. The Dairy Products & Eggs market is expected to show a volume growth of 1.2% in 2025.0.
The average volume per person in the Dairy Products & Eggs market is expected to amount to 8.6kg 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 Malawi is experiencing minimal growth, influenced by factors such as limited access to technology, low consumer health awareness, and the prevalence of traditional food practices. These factors have hindered the adoption of digital technologies and online services, resulting in slower growth compared to other food markets in the country. However, with increasing efforts to promote digital literacy and modernize the food industry, there is potential for future growth in this market.

Customer preferences: There has been a growing preference for locally sourced and organic dairy products and eggs in Malawi. This trend is driven by a desire for healthier and more sustainable food options, as well as a cultural emphasis on traditional and natural ingredients. Additionally, with an increasing awareness of food allergies and intolerances, there has been a rise in demand for dairy and egg alternatives made from plant-based ingredients. This shift towards more mindful and conscious consumption is expected to continue in the coming years.

Trends in the market: In Malawi, the Dairy Products & Eggs Market within The Food market is experiencing a shift towards more sustainable and organic products. This trend is driven by increasing consumer awareness and demand for healthier and ethically produced food options. As a result, industry stakeholders are investing in sustainable farming practices and certifications, as well as expanding their product lines to meet this growing demand. This trajectory is significant as it not only addresses consumer concerns, but also has potential implications for the industry's long-term sustainability and competitiveness in the global market.

Local special circumstances: In Malawi, the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's agricultural sector, which accounts for a significant portion of the country's GDP. The market is also impacted by the country's geographical landscape, with limited arable land and a high dependence on rain-fed agriculture. Additionally, cultural factors play a role in shaping consumer preferences, with dairy and egg products being a staple in the local diet. Regulatory policies, such as import restrictions and subsidies, also have a significant impact on market dynamics.

Underlying macroeconomic factors: The Dairy Products & Eggs Market in Malawi is heavily influenced by macroeconomic factors such as global economic trends, national economic health, and fiscal policies. The market is affected by fluctuations in global demand for dairy and eggs, as well as changes in exchange rates and international trade policies. Additionally, the performance of the agricultural sector, which is a major contributor to Malawi's economy, has a direct impact on the production and supply of dairy products and eggs in the country. Strong economic growth and stable fiscal policies are crucial for the sustained growth of the market, as they provide a conducive environment for investment and innovation. Furthermore, government initiatives to support the agriculture sector and promote sustainable farming practices also play a significant role in shaping the market's 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.