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Other Dairy Products & Eggs - Myanmar

Myanmar
  • Revenue in the Other Dairy Products & Eggs market amounts to US$638.20m in 2024. The market is expected to grow annually by 11.29% (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$11.61 are generated in 2024.
  • In the Other Dairy Products & Eggs market, volume is expected to amount to 203.60m kg by 2029. The Other Dairy Products & Eggs market is expected to show a volume growth of 2.8% in 2025.0.
  • The average volume per person in the Other Dairy Products & Eggs market is expected to amount to 3.1kg 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 Myanmar is experiencing subdued growth due to various factors, such as lack of consumer awareness and limited adoption of digital technologies. However, with increasing health consciousness and convenience of online services, growth is expected in the future.

Customer preferences:
As consumers become more health-conscious, there is a growing demand for plant-based dairy alternatives in Myanmar's Other Dairy Products & Eggs Market. This trend is shaped by cultural influences and changing dietary preferences, particularly among younger demographics. Additionally, the rise of vegetarian and vegan lifestyles has also contributed to the increasing popularity of dairy-free options in the market.

Trends in the market:
In Myanmar, the demand for Other Dairy Products & Eggs is increasing as consumers become more health-conscious and look for alternative sources of protein. This trend is driven by the growing awareness of the health benefits of dairy products and the availability of a variety of dairy alternatives. Additionally, the rise of e-commerce and online grocery shopping has made it easier for consumers to access dairy products and eggs, further fueling the market's growth. This trend is expected to continue, creating opportunities for industry stakeholders to expand their product offerings and tap into the growing demand for dairy products and eggs in Myanmar.

Local special circumstances:
In Myanmar, the Other Dairy Products & Eggs Market is heavily influenced by the country's agrarian economy and traditional food culture. The majority of dairy products and eggs are locally produced and consumed, with limited imports. Additionally, the recent economic and political reforms have led to an increase in disposable income and a growing middle class, leading to a shift towards more Western dietary preferences and an increase in demand for premium dairy products and eggs. Despite these changes, the lack of modern infrastructure and distribution channels pose challenges for market growth.

Underlying macroeconomic factors:
The Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market in Myanmar is also influenced by macroeconomic factors such as global trade policies, consumer spending patterns, and government initiatives to boost the agriculture and food industries. As the country continues to open up to foreign investments and trade, the demand for dairy products and eggs is expected to increase. In addition, the rising disposable income and changing dietary preferences of the population are driving the demand for healthier and protein-rich food options, including dairy products and eggs. Government initiatives to improve food safety and food security are also expected to positively impact the 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

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