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 Europe is experiencing minimal growth, influenced by factors such as changing consumer preferences and increasing competition. However, the market is still driven by the convenience and health benefits offered by these products.
Customer preferences: In Northern Europe, there has been a growing trend towards plant-based dairy alternatives, driven by concerns over the environmental impact of traditional dairy production. This has led to an increase in sales of non-dairy milk and other plant-based dairy products, such as almond milk and soy yogurt. Additionally, there has been a rise in demand for organic and free-range eggs, as consumers become more conscious of animal welfare and sustainability. This shift towards more ethical and sustainable food choices is also reflected in the growing popularity of vegan and vegetarian diets in the region.
Trends in the market: In Northern Europe, there is a growing demand for plant-based dairy alternatives, such as oat milk and almond milk, driven by health and sustainability concerns. This trend is expected to continue as consumers become more conscious of their food choices and seek out healthier options. Additionally, the rise of flexitarian and vegan diets is also contributing to the growth of the non-dairy market. This shift towards plant-based dairy products has significant implications for industry stakeholders, who may need to adapt their product offerings and marketing strategies to cater to this emerging trend.
Local special circumstances: In Northern Europe, the Other Dairy Products & Eggs Market is heavily influenced by the region's strong focus on sustainability and organic farming. This has led to a rise in demand for locally sourced and environmentally friendly dairy products, such as grass-fed milk and free-range eggs. Additionally, strict regulations on animal welfare and food safety have shaped consumer preferences and purchasing decisions, making Northern Europe a unique market for dairy products and eggs.
Underlying macroeconomic factors: The Other Dairy Products & Eggs Market within The Food market is influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and financial indicators. Countries with strong economic growth and investments in the food industry are experiencing faster market growth compared to regions with economic challenges and limited investments in the food sector. Additionally, the growing demand for healthy and nutritious food options due to the increasing health consciousness among consumers is driving the demand for other dairy products and eggs in Northern Europe and other regions.
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