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Other Dairy Products & Eggs - Southern Africa

Southern Africa
  • Revenue in the Other Dairy Products & Eggs market amounts to US$2.20bn in 2024. The market is expected to grow annually by 7.72% (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$31.36 are generated in 2024.
  • In the Other Dairy Products & Eggs market, volume is expected to amount to 552.60m kg by 2029. The Other Dairy Products & Eggs market is expected to show a volume growth of 3.1% in 2025.0.
  • The average volume per person in the Other Dairy Products & Eggs market is expected to amount to 6.8kg 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 Southern Africa is experiencing minimal growth, influenced by factors such as limited consumer awareness and availability of alternatives. However, with increasing health consciousness and technological advancements, the market is expected to witness gradual growth.

Customer preferences:
One notable trend in the Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market is the increasing demand for plant-based alternatives, driven by a growing focus on health and sustainability. This shift is influenced by cultural preferences for vegetarian and vegan diets, as well as concerns about the environmental impact of traditional dairy farming. As a result, companies are introducing a variety of dairy-free options, such as almond milk and soy-based products, to cater to this evolving consumer preference.

Trends in the market:
In Southern Africa, the Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market is experiencing an increase in demand for plant-based dairy alternatives. This trend is driven by consumer concerns for animal welfare and environmental sustainability. Additionally, there is a growing interest in functional dairy products, such as probiotic yogurt and fortified milk, as consumers become more health-conscious. These trends are expected to continue, with potential implications for industry stakeholders, including the need for innovation and diversification of product offerings to cater to changing consumer preferences.

Local special circumstances:
In Southern Africa, the Other Dairy Products & Eggs Market within the Dairy Products & Eggs Market of The Food market is heavily influenced by the region's diverse cultural and geographical landscape. The market is driven by a growing demand for locally sourced, organic dairy products, as well as regulatory initiatives promoting sustainable farming practices. Additionally, the market is shaped by the unique tastes and preferences of Southern African consumers, leading to a wide variety of dairy and egg products available in the market.

Underlying macroeconomic factors:
The Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other financial indicators. Countries with strong economic growth, stable fiscal policies, and favorable regulatory environments tend to experience higher market growth compared to those with economic uncertainties and regulatory challenges. Additionally, the demand for dairy products and eggs is closely tied to income levels and consumer spending, making economic stability and growth crucial for market performance. Furthermore, factors such as population growth, urbanization, and changing dietary preferences also impact the demand for dairy products and eggs in the given country.

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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