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 Chad is experiencing subdued growth due to factors such as limited access to technology and low health awareness. However, rising demand for convenient online services may drive growth in the future.
Customer preferences: The rising health consciousness among consumers in Chad has led to a shift towards organic and natural dairy products and eggs. This trend is driven by the growing awareness of the health benefits of these products and concerns over the use of hormones and antibiotics in conventional dairy farming. Additionally, there is a growing demand for dairy alternatives, such as plant-based milk and vegan eggs, driven by the rise in vegan and lactose-intolerant populations.
Trends in the market: In Chad, the Other Dairy Products & Eggs Market is experiencing a shift towards more sustainable and ethical production practices. This trend is driven by increasing consumer awareness of the environmental and social impacts of dairy and egg production. Companies are adopting methods such as pasture-raised eggs and organic dairy products, as well as investing in renewable energy sources for their farms. These changes not only benefit the environment, but also provide a marketing advantage for companies as consumers become more conscious of their purchasing decisions. This trend is expected to continue, with potential implications for industry stakeholders including increased competition and the need for transparency in production methods.
Local special circumstances: In Chad, the Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market is heavily affected by the country's arid climate, which limits the production and availability of dairy products. Additionally, cultural preferences for traditional dairy products like fermented milk and butter have a significant impact on the market. Regulatory barriers also hinder the import and export of dairy products, creating a unique market environment. These factors contribute to the dominance of local dairy producers and a limited range of products available in the market.
Underlying macroeconomic factors: The Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market is affected by various macroeconomic factors in Chad. Firstly, global economic trends play a crucial role in the market's performance, as the country heavily relies on imports for dairy and egg products. Any fluctuations in global prices can directly impact the market's supply and demand dynamics. Additionally, Chad's economy heavily depends on the agricultural sector, which contributes to around 45% of the country's GDP. Therefore, any changes in the national economic health, such as droughts or natural disasters, can significantly impact the production and availability of dairy and egg products in the market. Furthermore, fiscal policies, such as taxes and subsidies, can also influence the market, as they can affect the cost of production and ultimately the prices of dairy and egg products. Other relevant financial indicators, such as inflation rates and currency exchange rates, can also impact consumer purchasing power and, consequently, market demand.
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