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.
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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
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Other Dairy Products & Eggs Market in Niger has seen a subdued growth rate due to factors such as limited consumer awareness, lack of infrastructure, and low purchasing power. However, with increasing investments in digital technologies and rising health consciousness, the market is expected to witness steady growth in the coming years.
Customer preferences: The Other Dairy Products & Eggs Market in Niger has seen a rise in demand for plant-based and lactose-free dairy alternatives, driven by a growing number of individuals with lactose intolerance and those following vegan diets. This trend is also reflected in the global market, as consumers become more health-conscious and environmentally aware, seeking alternatives to traditional dairy products. Additionally, there is a growing preference for locally sourced and sustainable dairy products, as consumers prioritize ethical and transparent food production practices.
Trends in the market: In Niger, the Other Dairy Products & Eggs Market is seeing a rise in demand for locally sourced, organic dairy products. This trend is driven by a growing interest in sustainable and healthy food options, and is expected to continue in the coming years. As a result, industry stakeholders are investing in production and distribution infrastructure to meet this demand. Additionally, there is a shift towards incorporating more traditional dairy products, such as camel milk, into the market. This trend is significant as it promotes the use of local resources and supports small-scale dairy farmers. It also has potential implications for the overall dairy industry in Niger, as it may lead to a diversification of products and increased competition.
Local special circumstances: In Niger, the Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's predominantly pastoral economy. This has led to a strong demand for dairy products, particularly milk, as a source of nutrition and income. Additionally, the country's largely rural population and limited infrastructure make it challenging for traditional dairy products to reach all regions. As a result, there is a growing market for alternative dairy products, such as powdered milk and yogurt, that have a longer shelf life and are easier to distribute. The local culture and dietary preferences also play a significant role in shaping the demand for specific dairy products, with a preference for fermented and sour dairy products over fresh milk. Lastly, regulatory factors, such as import restrictions and subsidies for local dairy production, also impact the dynamics of the Other Dairy Products & Eggs Market in Niger.
Underlying macroeconomic factors: The Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market in Niger is affected by various macroeconomic factors such as economic growth, consumer spending, and government policies. The country's economic growth and stability play a crucial role in the market's performance, with higher economic growth leading to increased consumer spending and demand for dairy products and eggs. Additionally, government policies and regulations related to food safety and import/export restrictions also impact market dynamics. Furthermore, factors such as changing dietary habits, rising disposable income, and increasing health consciousness among consumers are driving the demand for other dairy products and eggs in Niger.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights