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.
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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
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Other Dairy Products & Eggs market in Bahrain has seen minimal growth due to factors such as low consumer awareness and limited adoption of digital technologies. Convenience of online health services has not been a major driver for this market's growth.
Customer preferences: Consumers in Bahrain are showing a growing interest in organic and locally-sourced dairy products, driven by a desire for healthier and more sustainable options. This trend is further supported by a growing awareness of the environmental impact of conventional dairy farming and the benefits of consuming hormone-free and antibiotic-free products. As a result, dairy producers are increasingly incorporating organic and sustainable practices into their production processes to cater to this changing consumer preference.
Trends in the market: In Bahrain, the Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market is experiencing a trend towards healthier and eco-friendly options. There is a growing demand for plant-based dairy alternatives, such as almond milk and tofu, as consumers become more health-conscious and environmentally aware. This trend is expected to continue as the government promotes sustainable food production and consumption. Industry stakeholders should focus on developing and promoting these products to cater to the changing preferences of consumers. This shift towards a more sustainable and health-focused market has the potential to create new opportunities for growth and innovation in the industry.
Local special circumstances: In Bahrain, the Other Dairy Products & Eggs Market is heavily influenced by the country's cultural and religious practices. As a Muslim-majority nation, there is a high demand for halal-certified dairy products and eggs. Additionally, Bahrain's small size and limited agricultural resources make it reliant on imports, leading to a unique mix of international and local dairy products. The market is also influenced by the country's growing health-conscious population, leading to a demand for organic and low-fat dairy options.
Underlying macroeconomic factors: The growth of the Other Dairy Products & Eggs market is also influenced by macroeconomic factors such as consumer spending power, government policies, and trade agreements. Countries with strong economic growth, supportive policies for the dairy industry, and favorable trade agreements are experiencing higher market growth compared to regions with economic instability and restrictive trade policies. Additionally, rising health consciousness and growing demand for protein-rich diets are driving the demand for other dairy products and eggs, particularly in developing countries.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights