Skip to main content
  1. Market Insights
  2. Consumer
  3. Food
  4. Dairy Products & Eggs

Other Dairy Products & Eggs - Equatorial Guinea

Equatorial Guinea
  • Revenue in the Other Dairy Products & Eggs market amounts to US$165.40m in 2024. The market is expected to grow annually by 10.21% (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$94.24 are generated in 2024.
  • In the Other Dairy Products & Eggs market, volume is expected to amount to 49.53m kg by 2029. The Other Dairy Products & Eggs market is expected to show a volume growth of 7.0% in 2025.0.
  • The average volume per person in the Other Dairy Products & Eggs market is expected to amount to 19.9kg 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 Equatorial Guinea is experiencing subdued growth due to factors such as limited consumer awareness and lack of access to digital technologies. Despite this, the market is expected to grow gradually, driven by increasing health consciousness and convenience of online services.

Customer preferences:
Consumers in Equatorial Guinea are increasingly looking for healthier and more convenient dairy alternatives, leading to a rise in demand for plant-based milk and dairy-free yogurt. This trend is fueled by a growing awareness of lactose intolerance and a desire for more sustainable and ethical food choices. Additionally, the emergence of veganism and flexitarianism in the country is also contributing to the shift towards plant-based dairy products.

Trends in the market:
In Equatorial Guinea, the Other Dairy Products & Eggs Market within the Dairy Products & Eggs Market is experiencing a shift towards healthier options, such as organic and plant-based dairy alternatives. This trend is driven by increasing health consciousness among consumers and a growing demand for sustainable and ethically-sourced products. For industry stakeholders, this presents an opportunity to tap into a niche market and diversify their product offerings. However, it also poses a challenge to traditional dairy producers who may need to adapt their operations to meet these changing consumer preferences. As the trend towards healthier and more sustainable options continues to gain momentum, it is crucial for industry players to stay ahead of the curve and innovate to remain competitive in the market.

Local special circumstances:
In Equatorial Guinea, the Other Dairy Products & Eggs Market is heavily influenced by the country's unique geographical and cultural factors. As a small, primarily rural nation, traditional dairy farming methods and locally sourced ingredients play a significant role in the production of dairy products and eggs. Additionally, government regulations and limited access to imported goods create a demand for locally produced dairy products, making the market less reliant on international trade. These factors contribute to a distinct market dynamic compared to other countries in the region.

Underlying macroeconomic factors:
The Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market market in Equatorial Guinea is influenced by various macroeconomic factors. These include the country's economic health, global economic trends, fiscal policies, and other relevant financial indicators. With a growing economy and favorable regulatory environment, Equatorial Guinea is experiencing a steady increase in demand for dairy products and eggs. The increasing population and rising disposable income are also contributing to the growth of this market. However, limited healthcare funding and regulatory challenges may hinder market growth in the country. As the global population continues to age and chronic diseases become increasingly prevalent, the demand for dairy products and eggs is expected to rise, further driving market growth.

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

Contact

Get in touch with us. We are happy to help.