Dairy Products & Eggs - Northern Europe

Revenue in the Dairy Products & Eggs market amounts to US$20.26bn in 2024. The market is expected to grow annually by 6.11% (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$598.00 are generated in 2024.
In the Dairy Products & Eggs market, volume is expected to amount to 5.49bn kg by 2029. The Dairy Products & Eggs market is expected to show a volume growth of 2.6% in 2025.0.
The average volume per person in the Dairy Products & Eggs market is expected to amount to 142.9kg 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 Northern Europe has been experiencing minimal growth due to factors such as changing dietary preferences, increasing health concerns, and the rise of plant-based alternatives. Despite this slow growth rate, the convenience and variety offered by these products continue to drive their adoption among consumers.

Customer preferences: Consumers in Northern Europe are increasingly opting for plant-based dairy alternatives, driven by concerns around animal welfare and sustainability. This trend is further fueled by the rise of flexitarian and vegan diets, as well as the growing availability of innovative non-dairy products. Additionally, there is a shift towards purchasing locally-sourced and organic dairy products, as consumers prioritize supporting local farmers and reducing their environmental footprint. These preferences are also influenced by the region's strong focus on health and wellness, with consumers seeking healthier and more ethical food options.

Trends in the market: In Northern Europe, the Dairy Products & Eggs Market is experiencing a surge in demand for organic and plant-based options, driven by consumer preferences for healthier and more sustainable choices. This trend is expected to continue as more consumers prioritize health and environmental concerns. Additionally, there is a growing trend of using e-commerce platforms for purchasing dairy and egg products, providing convenience and accessibility for customers. These trends have significant implications for industry stakeholders, as companies will need to adapt their production and marketing strategies to meet changing consumer demands. Furthermore, the rise of e-commerce presents opportunities for companies to reach new markets and increase sales.

Local special circumstances: In Northern Europe, the Dairy Products & Eggs Market is heavily influenced by the region's cold climate and strong dairy farming traditions. The availability of fresh, high-quality milk and eggs plays a significant role in shaping the market, with a strong emphasis on organic and locally sourced products. Additionally, strict government regulations and consumer preferences for natural, healthy food choices drive the demand for dairy and egg products in this market. This unique combination of factors creates a competitive landscape and drives innovation in product development and marketing strategies.

Underlying macroeconomic factors: The Dairy Products & Eggs Market within The Food market in Northern Europe is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other financial indicators. Countries with stable economies and favorable fiscal policies tend to have a higher demand for dairy and egg products, leading to market growth. Additionally, technological advancements in the production and distribution of these products play a significant role in market performance. The increasing awareness of the health benefits of dairy and eggs, along with the rising trend of plant-based alternatives, also impact market dynamics.

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.