Milk - Uzbekistan | Statista Market Forecast

Revenue in the Milk market amounts to US$238.40m in 2024. The market is expected to grow annually by 4.75% (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$6.68 are generated in 2024.
In the Milk market, volume is expected to amount to 775.10m kg by 2029. The Milk market is expected to show a volume growth of 0.6% in 2025.0.
The average volume per person in the Milk market is expected to amount to 21.1kg in 2024.

Definition:

Milk is defined as a protein- and fat-rich opaque white or creamy-colored fluid. This combination of nutrients can also be milked from other animals such as sheep and goats, but from an economic perspective, cow's milk remains the world's most important dairy product.

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.

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Regular fresh milk
Full-fat milk, reduced-fat milk, low-fat milk, skimmed milk, semi-skimmed milk
Regular pasteurized milk, ultra-pasteurized (UHT) milk, raw milk
Flavored milk, barista milk
Lactose-free milk

Preserved and powdered milk
Yogurt drinks
Non-dairy milk substitutes
Out-of-home consumption

The Milk Market in Uzbekistan has seen minimal growth due to factors such as low consumer awareness, limited access to technology, and traditional preferences for fresh milk. However, with increasing health consciousness and the rise of online milk delivery services, the market is expected to experience slow but steady growth in the coming years.

Customer preferences: The growing demand for organic and locally-sourced dairy products is a notable trend in the Milk Market of the Dairy Products & Eggs Market within The Food market in Uzbekistan. This shift in consumer preferences is driven by a desire for healthier and more sustainable options, influenced by cultural values and rising awareness of the benefits of organic farming practices. Additionally, an increasing number of consumers are opting for plant-based dairy alternatives, reflecting a growing interest in vegetarian and vegan diets. These shifts in consumer preferences are likely to continue shaping the dairy market in Uzbekistan in the coming years.

Trends in the market: In Uzbekistan, the Milk Market of the Dairy Products & Eggs Market within The Food market is experiencing a shift towards organic and natural products, driven by increasing health consciousness among consumers. This trend is expected to continue as consumers prioritize transparency and sustainability in their food choices. Additionally, there is a growing demand for dairy alternatives, such as plant-based milk, as a result of changing dietary preferences. These trends have significant implications for industry stakeholders, as they will need to adapt to changing consumer preferences and invest in new product lines to remain competitive in the market.

Local special circumstances: In Uzbekistan, the Milk Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's geographical location and cultural preferences. Being a landlocked country, Uzbekistan relies heavily on imports from neighboring countries for its dairy products. However, the government's focus on promoting local production has led to the growth of domestic dairy farms. The traditional Uzbek cuisine, which heavily features dairy products, also drives the demand for milk in the market. Furthermore, strict government regulations on imports and quality control ensure the safety and reliability of locally produced milk, making it a preferred choice among consumers.

Underlying macroeconomic factors: The Milk Market of the Dairy Products & Eggs Market within The Food market in Uzbekistan is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other relevant financial indicators. The country's economic growth and stability, as well as its trade policies and regulations, play a significant role in shaping the performance of the market. Additionally, market growth is also impacted by factors such as consumer spending patterns, inflation rates, and foreign investment in the country's dairy industry. Furthermore, the increasing demand for dairy products and eggs, driven by a growing population and changing dietary preferences, also contributes to the market's growth.

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.