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Other Dairy Products & Eggs - Iraq

Iraq
  • Revenue in the Other Dairy Products & Eggs market amounts to US$1.83bn in 2024. The market is expected to grow annually by 5.13% (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$39.31 are generated in 2024.
  • In the Other Dairy Products & Eggs market, volume is expected to amount to 641.50m kg by 2029. The Other Dairy Products & Eggs market is expected to show a volume growth of 6.3% in 2025.0.
  • The average volume per person in the Other Dairy Products & Eggs market is expected to amount to 11.3kg 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 Iraq is experiencing minimal growth due to various factors, such as limited consumer awareness and accessibility to digital technologies, as well as traditional dietary preferences. Despite this, increasing health consciousness and the convenience of online services are driving some growth in the market.

Customer preferences:
The Other Dairy Products & Eggs Market within the Dairy Products & Eggs Market is experiencing a rise in demand for dairy alternatives, driven by a growing preference for plant-based diets. This trend is influenced by cultural shifts towards sustainable and ethical consumption, as well as health concerns related to animal products. Additionally, the market is seeing an increase in demand for organic and locally sourced dairy products, reflecting a shift towards healthier and more environmentally friendly options.

Trends in the market:
In the Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market, there is a noticeable trend towards plant-based dairy alternatives, driven by increasing health and environmental concerns. This trend is expected to continue as consumers become more health-conscious and demand for sustainable products rises. This could potentially impact traditional dairy producers, who may have to adapt to meet changing consumer preferences. Additionally, the rise of online grocery shopping and home delivery services could provide new opportunities for the dairy industry to reach a larger market.

Local special circumstances:
In Iraq, the Other Dairy Products & Eggs Market is influenced by the country's hot and dry climate, which makes it challenging for dairy production. This has led to a higher demand for imported dairy products. Additionally, cultural preferences for certain dairy products, such as labneh and jameed, have created a niche market for traditional dairy products. Regulatory factors, such as import restrictions and government subsidies, also play a significant role in shaping the market dynamics.

Underlying macroeconomic factors:
The Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market is impacted by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other relevant financial indicators. Countries with strong economic growth and stable fiscal policies are likely to experience higher demand for other dairy products and eggs, as consumers have more disposable income to spend on these products. In addition, favorable trade policies and foreign investments can also contribute to market growth by increasing access to international markets and improving supply chain efficiency. However, regions with economic instability and weak regulatory environments may face challenges in market growth due to limited consumer spending and market volatility. Furthermore, the increasing focus on healthy and sustainable food choices is also influencing market performance, as consumers are seeking out dairy and egg products that are ethically sourced and environmentally friendly. This trend is expected to continue driving market growth in the coming years.

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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