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Other Dairy Products & Eggs - Cameroon

Cameroon
  • Revenue in the Other Dairy Products & Eggs market amounts to US$671.30m in 2024. The market is expected to grow annually by 7.41% (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$22.84 are generated in 2024.
  • In the Other Dairy Products & Eggs market, volume is expected to amount to 195.80m kg by 2029. The Other Dairy Products & Eggs market is expected to show a volume growth of 5.0% in 2025.0.
  • The average volume per person in the Other Dairy Products & Eggs market is expected to amount to 5.4kg 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 Cameroon has seen minimal growth, impacted by factors such as limited consumer awareness and access to digital technologies. However, rising health consciousness and the convenience of online services may drive future growth.

Customer preferences:
As consumers in Cameroon become more health-conscious, there is a growing demand for alternative dairy products such as plant-based milk and dairy-free yogurts. This trend is driven by the prevalence of lactose intolerance and the desire for more sustainable and ethical food options. Additionally, the rising popularity of veganism and flexitarianism is further fueling the demand for non-dairy alternatives in the Other Dairy Products & Eggs Market.

Trends in the market:
In Cameroon, the Other Dairy Products & Eggs Market is experiencing a rise in demand for organic and locally-sourced products, as consumers are becoming more health-conscious and environmentally aware. This trend is expected to continue, with a growing number of dairy farmers and producers adopting sustainable and ethical practices. Additionally, there is a growing preference for alternative dairy products, such as plant-based milks and non-dairy yogurts, which cater to the increasing number of lactose-intolerant and vegan consumers. These trends present opportunities for industry stakeholders to diversify their offerings and tap into a growing market segment. However, it also poses challenges for traditional dairy producers, who may need to adapt their strategies to stay competitive in the evolving market.

Local special circumstances:
In Cameroon, the Other Dairy Products & Eggs Market is heavily influenced by the country's traditional dairy production methods and cultural preferences for certain types of dairy products. Additionally, the government has implemented strict regulations on dairy imports, leading to a reliance on locally produced dairy. This has created a unique market dynamic, with a strong emphasis on locally sourced and traditional dairy products such as fermented milk and cheese. These factors set the Other Dairy Products & Eggs Market in Cameroon apart from other markets, shaping consumer preferences and driving demand for specific dairy products.

Underlying macroeconomic factors:
The Other Dairy Products & Eggs Market within The Food market in Cameroon is influenced by various macroeconomic factors. Global economic trends play a significant role in shaping the market, with shifts in demand and supply impacting prices and trade patterns. Additionally, the country's national economic health, including GDP growth, inflation rates, and consumer spending, affects the purchasing power of consumers and their demand for dairy products and eggs. Fiscal policies, such as taxes and subsidies, also have a direct impact on market performance, as do other financial indicators like exchange rates and interest rates. These factors together shape the market landscape and influence the growth and profitability of the Other Dairy Products & Eggs Market in Cameroon.

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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