Key regions: Japan, Philippines, United Kingdom, India, South Korea
The Other Dairy Products & Eggs Market in Egypt is experiencing minimal growth, influenced by factors such as consumer preferences for traditional products and limited access to digital technologies. Despite this, rising health awareness is driving demand for healthier dairy options.
Customer preferences: The Egyptian market for other dairy products and eggs has seen a rise in demand for organic and locally-sourced options. This trend is driven by a growing awareness of the health benefits of these products, as well as a desire to support local farmers and reduce the environmental impact of food production. Additionally, there has been a shift towards alternative dairy options, such as plant-based milks and dairy-free products, as consumers become more health-conscious and environmentally aware.
Trends in the market: In Egypt, the Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market is experiencing a shift towards healthier options, with a growing demand for organic and plant-based dairy products. This trend is expected to continue as consumers become more health-conscious and prioritize sustainable and ethical food choices. Additionally, there is a rising preference for locally sourced dairy products, as well as an increase in online sales of dairy products. These trends suggest opportunities for industry players to innovate and cater to changing consumer preferences.
Local special circumstances: In Egypt, the Other Dairy Products & Eggs Market is heavily influenced by the country's cultural preference for dairy products and eggs. These products are a staple in the Egyptian diet and are often consumed in large quantities daily. Additionally, stringent regulations on imports have led to a reliance on locally produced dairy and egg products, creating a unique market environment. The market is also influenced by the country's large population, which drives high demand for these products. Furthermore, traditional dairy and egg production methods are still prevalent in Egypt, adding to the distinct character of the market.
Underlying macroeconomic factors: The Other Dairy Products & Eggs Market within The Food market in Egypt is influenced by macroeconomic factors such as economic stability, government policies, and consumer spending habits. The country's strong economic growth and significant investments in the food industry have led to a growing demand for dairy products and eggs. Additionally, the rising health consciousness among consumers and increasing disposable income are driving the demand for healthier dairy products and eggs. Furthermore, government initiatives to promote the consumption of dairy products and eggs, along with the growing population and urbanization, are expected to further boost market growth in Egypt.
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.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
