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Other Dairy Products & Eggs - CIS

CIS
  • Revenue in the Other Dairy Products & Eggs market amounts to US$10.71bn in 2024. The market is expected to grow annually by 6.81% (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$44.12 are generated in 2024.
  • In the Other Dairy Products & Eggs market, volume is expected to amount to 2.29bn kg by 2029. The Other Dairy Products & Eggs market is expected to show a volume growth of 2.5% 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 CIS has seen modest growth due to factors such as changing consumer preferences and increasing competition. Despite this, the market is expected to continue expanding in the coming years, driven by rising health consciousness and the convenience of online services.

Customer preferences:
The Other Dairy Products & Eggs Market within the Dairy Products & Eggs Market of The Food market is experiencing a rise in demand for plant-based dairy alternatives, as more consumers are adopting flexitarian and vegan diets. This trend is driven by growing health and environmental concerns, as well as the availability of a wider range of high-quality and tasty non-dairy options. Additionally, there has been a shift towards sustainable and ethical food choices, with consumers seeking out products that align with their values.

Trends in the market:
In the CIS region, the Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market is experiencing a surge in demand for plant-based dairy alternatives. This trend is driven by increasing health consciousness and dietary restrictions, as well as growing concerns about animal welfare and sustainability. As a result, companies are expanding their product lines to include a variety of dairy-free options, such as almond milk, soy yogurt, and coconut-based cheese. This trend is expected to continue, with forecasted growth in the plant-based dairy market, presenting opportunities for industry stakeholders to tap into this growing market and diversify their offerings.

Local special circumstances:
In the CIS region, the Other Dairy Products & Eggs Market is influenced by the unique cultural preference for fermented dairy products, such as kefir and yogurt. This has led to a surge in demand for probiotic and functional dairy products, driving market growth. Moreover, stringent regulations on food safety and quality have created a competitive landscape, with manufacturers investing in advanced technologies for production and processing. These factors set the CIS market apart from others, shaping consumer behavior and market dynamics.

Underlying macroeconomic factors:
The Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other financial indicators. Countries with stable economies and favorable fiscal policies tend to experience higher market growth due to increased consumer spending and investment in the dairy industry. Additionally, changes in global demand for dairy products and fluctuations in international trade policies can also impact the performance of the market in a given country. Furthermore, factors such as population growth and changing dietary preferences also play a significant role in shaping the demand for other dairy products and eggs.

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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