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 Northern Africa is experiencing minimal growth due to factors such as low consumer awareness, limited access to technology, and traditional eating habits. Despite this, the market is slowly expanding as more consumers become health-conscious and seek convenience in online dairy and egg products.
Customer preferences: Consumers in Northern Africa are increasingly incorporating plant-based dairy alternatives into their diets, driven by health consciousness and ethical concerns. This trend is particularly evident among younger demographics, who are actively seeking out dairy-free options. Additionally, the rising popularity of veganism and lactose intolerance has also contributed to the growth of the Other Dairy Products & Eggs Market in the region. This shift in consumer preferences is expected to continue as more individuals adopt flexitarian and plant-based diets for health and environmental reasons.
Trends in the market: In Northern Africa, there is a growing trend of consuming more dairy products and eggs, especially within the urban population. This is a result of increasing disposable income, changing dietary habits, and the perception of dairy and eggs as healthy and nutritious options. This trend is expected to continue in the coming years, with a projected growth in dairy and egg consumption. This presents opportunities for industry stakeholders to expand their presence in this region, particularly by offering innovative and value-added dairy and egg products to meet the evolving consumer preferences. However, challenges such as limited access to technology and lack of infrastructure in rural areas may hinder the growth of this trend. To address these challenges, companies can invest in digital solutions to reach a wider customer base and improve supply chain efficiency.
Local special circumstances: In Northern Africa, the Other Dairy Products & Eggs Market is heavily influenced by the region's traditional food culture, where dairy products and eggs play a significant role in daily meals. Additionally, strict regulations on imported dairy products have created a demand for locally produced dairy products and eggs. This has led to the emergence of small-scale dairy farms and egg producers, contributing to the region's economy. Furthermore, the hot and arid climate in Northern Africa has led to the development of unique dairy products and eggs, such as camel milk and ostrich eggs, catering to the local taste preferences.
Underlying macroeconomic factors: The Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market is greatly impacted by macroeconomic factors. The global economic trends play a crucial role, as regions with stronger economies tend to have higher demand for dairy products and eggs. National economic health also plays a significant role, as countries with stable economies and higher disposable incomes are more likely to purchase these products. Fiscal policies, such as taxes and subsidies, also have a direct impact on market performance. Other relevant financial indicators, such as currency exchange rates and inflation, can also greatly influence the market.
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