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Other Dairy Products & Eggs - Americas

Americas
  • Revenue in the Other Dairy Products & Eggs market amounts to US$33.34bn in 2024. The market is expected to grow annually by 6.82% (CAGR 2024-2029).
  • In global comparison, most revenue is generated India (US$49bn in 2024).
  • In relation to total population figures, per person revenues of US$32.79 are generated in 2024.
  • In the Other Dairy Products & Eggs market, volume is expected to amount to 10.28bn kg by 2029. The Other Dairy Products & Eggs market is expected to show a volume growth of 4.6% in 2025.0.
  • The average volume per person in the Other Dairy Products & Eggs market is expected to amount to 8.5kg in 2024.

Definition:

The Other Dairy Products & Eggs market covers other products made from animal's milk as well as other types of edible eggs besides chicken 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), 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 next of each box.

In-Scope

  • Preserved and powdered milk
  • Cream
  • Butter milk, condensed milk
  • Curd
  • Yogurt drinks
  • Fortified milk, probiotic milk drinks
  • Quail eggs, Duck eggs, other bird eggs

Out-Of-Scope

  • Milk
  • Yogurt
  • Cheese
  • Chicken eggs

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Volume

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Price

Most recent update: Sep 2024

Source: Statista Market Insights

Sales Channels

Most recent update: Nov 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Sep 2024

Source: Statista Market Insights

Analyst Opinion

The Other Dairy Products & Eggs Market in the Americas region is witnessing minimal growth due to various factors such as changing consumer preferences, fluctuating prices of raw materials, and increasing competition. Despite this, the market is expected to grow steadily in the coming years with the rising demand for healthier and more diverse dairy products.

Customer preferences:
The Other Dairy Products & Eggs Market is experiencing a rise in demand for plant-based alternatives, as consumers become more health-conscious and environmentally aware. This trend is particularly evident in the Americas, where there is a growing preference for vegan and vegetarian diets. Additionally, there has been an increase in demand for organic and all-natural dairy products, as consumers prioritize clean labeling and sustainable sourcing practices. This shift towards more conscious and ethical consumption is expected to continue driving growth in the market.

Trends in the market:
In the Americas, there is a growing demand for plant-based dairy alternatives, such as almond milk and soy milk, as consumers become more health-conscious and environmentally aware. In addition, there is a trend towards premium and specialty dairy products, such as artisanal cheeses and organic eggs. These trends are expected to continue, driven by consumer preferences for healthier and more sustainable options. This presents opportunities for industry stakeholders to diversify their product offerings and tap into new markets. However, this may also pose challenges for traditional dairy producers, who may need to adapt their production methods and marketing strategies to remain competitive in the changing landscape of the Other Dairy Products & Eggs Market.

Local special circumstances:
In the Americas, the Other Dairy Products & Eggs Market is heavily influenced by the region's diverse cultural and geographical factors. In Mexico, for example, the market is driven by the country's rich history and tradition of dairy consumption, leading to a wide variety of traditional dairy products. In Canada, on the other hand, the market is heavily regulated, with strict standards for dairy production and distribution. These unique factors shape the market dynamics and consumer preferences in the region.

Underlying macroeconomic factors:
The Americas and Other Dairy Products & Eggs Market within the Dairy Products & Eggs Market of The Food market is influenced by various macroeconomic factors. For instance, global economic trends play a crucial role in shaping the market, as countries with strong economic growth are likely to have higher demand for dairy products and eggs. Additionally, national economic health, fiscal policies, and other relevant financial indicators such as consumer spending, inflation, and GDP growth also impact market performance. Furthermore, factors such as changing dietary preferences, increasing health consciousness, and rising disposable incomes are driving the growth of the Other Dairy Products & Eggs Market in the region.

Methodology

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.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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