Milk - Czechia | Statista Market Forecast

Milk - Czechia

Czechia

Highlights

Revenue in the Milk market amounts to US$715.60m in 2024. The market is expected to grow annually by 7.28% (CAGR 2024-2029).
In global comparison, most revenue is generated India (US$71bn in 2024).
In relation to total population figures, per person revenues of US$68.12 are generated in 2024.
In the Milk market, volume is expected to amount to 824.10m kg by 2029. The Milk market is expected to show a volume growth of 3.5% in 2025.0.
The average volume per person in the Milk market is expected to amount to 66.7kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Milk Market in Czechia has seen minimal growth due to factors such as changing consumer preferences, increasing competition, and fluctuating prices. Despite these challenges, the market is expected to grow steadily in the coming years, driven by technological advancements and growing health consciousness among consumers.

Customer preferences: In Czechia, the Milk Market of the Dairy Products & Eggs Market within The Food market is experiencing a growing preference for organic and locally sourced milk products. This trend is driven by the increasing emphasis on sustainable and eco-friendly consumption practices. Additionally, there is a rise in demand for plant-based milk alternatives, as more individuals adopt vegan and vegetarian diets. These shifts reflect a cultural shift towards more conscious and health-conscious consumer choices.

Trends in the market: In Czechia, the Milk Market of the Dairy Products & Eggs Market within The Food market is experiencing a growing trend of organic and sustainable dairy production. This is driven by increasing consumer demand for environmentally-friendly and ethically-sourced products. As a result, dairy producers are investing in sustainable practices and certifications, such as organic and free-range farming. This trend is expected to continue as consumers become more conscious of their food choices and the impact on the environment. Industry stakeholders should consider incorporating sustainable practices to meet consumer demand and stay competitive in the market.

Local special circumstances: In Czechia, the Milk Market of the Dairy Products & Eggs Market is heavily influenced by the country's strong dairy farming tradition and its geographical location in Central Europe. The market is dominated by local producers who prioritize quality and sustainability. Additionally, strict regulations and labeling requirements ensure transparency and trust in the market. These factors contribute to the high demand for locally sourced and organic milk products, as well as the growing popularity of specialty products, such as goat and sheep milk.

Underlying macroeconomic factors: The Milk Market of the Dairy Products & Eggs Market within The Food market in Czechia is primarily influenced by macroeconomic factors such as consumer demand, government policies, and global market trends. The country's stable economic growth and increasing disposable income of consumers have contributed to the rise in demand for high-quality dairy products. Additionally, the government's support for the dairy industry, through subsidies and favorable policies, has also boosted market growth. Furthermore, the growing trend of health-consciousness among consumers and the increasing popularity of organic and natural products have driven the demand for healthier dairy options, leading to the growth of the milk market in Czechia.

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.