Other Dairy Products & Eggs - Bosnia and Herzegovina

Revenue in the Other Dairy Products & Eggs market amounts to US$138.30m in 2024. The market is expected to grow annually by 3.82% (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$43.30 are generated in 2024.
In the Other Dairy Products & Eggs market, volume is expected to amount to 30.93m kg by 2029. The Other Dairy Products & Eggs market is expected to show a volume growth of 1.4% in 2025.0.
The average volume per person in the Other Dairy Products & Eggs market is expected to amount to 9.0kg 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.

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

Milk
Yogurt
Cheese
Chicken eggs

The Other Dairy Products & Eggs Market in Bosnia and Herzegovina is experiencing negligible growth, impacted by various factors such as low consumer awareness and limited access to digital technologies. Convenience and health awareness are still driving growth, but at a slow pace.

Customer preferences: With the growing trend of health-consciousness in Bosnia and Herzegovina, consumers are gravitating towards organic and locally-sourced dairy products and eggs. This is driven by a desire for sustainable and healthy options, as well as a connection to traditional farming methods. Additionally, the rise of e-commerce and online shopping has made it easier for consumers to access these specialty products, further fueling the growth of the Other Dairy Products & Eggs Market.

Trends in the market: In Bosnia and Herzegovina, the Other Dairy Products & Eggs Market is experiencing a shift towards more sustainable and organic dairy products. This trend is driven by increasing consumer demand for healthier and environmentally-friendly options. Additionally, there is a rise in the use of technology in the production and distribution of dairy products, such as the use of digital platforms for tracking product quality and supply chain management. These trends are significant for industry stakeholders as they provide opportunities for growth and differentiation in a competitive market. However, they also present challenges, such as the need for investment in technology and adapting to changing consumer preferences. Overall, these trends are expected to drive the growth of the Other Dairy Products & Eggs Market in Bosnia and Herzegovina and shape the future of the industry.

Local special circumstances: In Bosnia and Herzegovina, the Other Dairy Products & Eggs Market is heavily influenced by the country's rich dairy farming tradition and the use of traditional methods in production. This has led to a strong demand for locally-sourced, artisanal dairy products. Additionally, the country's strict regulations on food safety and labeling have resulted in a high level of consumer trust in dairy products, leading to a thriving market for premium and organic products. Furthermore, Bosnia and Herzegovina's geographical location and cultural influences have also led to a diverse range of dairy products, including specialty cheeses and fermented milk drinks.

Underlying macroeconomic factors: The Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market in Bosnia and Herzegovina is heavily impacted by macroeconomic factors. The country's national economic health, as well as fiscal policies and other financial indicators, play a crucial role in the performance of this market. Additionally, global economic trends can also have a significant influence on the demand and supply of other dairy products and eggs in Bosnia and Herzegovina. Factors such as inflation rates, consumer spending patterns, and government regulations can all affect the growth and profitability of this market in the country.

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.