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 Switzerland is experiencing slow growth due to factors such as changing consumer preferences and the rise of alternative plant-based products. Despite negligible growth, digital advancements and health consciousness continue to drive the market.
Customer preferences: The trend towards plant-based diets is gaining traction in Switzerland, with consumers showing a growing preference for dairy-free options such as almond milk, coconut yogurt, and tofu-based products. This shift is driven by health concerns, ethical considerations, and environmental awareness. Additionally, there is a growing demand for lactose-free dairy products, catering to individuals with lactose intolerance.
Trends in the market: In Switzerland, the Other Dairy Products & Eggs Market is experiencing a rise in demand for organic and plant-based dairy alternatives, driven by health and environmental concerns. This trend is expected to continue as consumers become more health-conscious and environmentally aware. Additionally, there is a growing trend of premiumization, with consumers willing to pay more for high-quality and specialty dairy products such as artisanal cheeses and free-range eggs. These trends present opportunities for industry players to innovate and diversify their product offerings to meet evolving consumer preferences. However, they also pose challenges for traditional dairy producers who may need to adapt their production methods and business models to stay competitive in the market.
Local special circumstances: In Switzerland, the Other Dairy Products & Eggs market is heavily influenced by the country's strong tradition and demand for high-quality dairy products. The strict regulations for production and labeling of dairy products also contribute to the market's dynamics. Additionally, Switzerland's geographical location and cultural preferences for certain dairy products, such as cheese and yogurt, shape the market's offerings and consumption patterns. These factors create a unique market for dairy products, setting it apart from other markets in the Food industry.
Underlying macroeconomic factors: The Other Dairy Products & Eggs Market within the Dairy Products & Eggs Market of The Food market in Switzerland is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and financial indicators. The stability of the Swiss economy, low inflation rates, and favorable regulatory environment have created a conducive market for dairy products and eggs. Additionally, the increasing health consciousness among consumers and the growing demand for organic and natural dairy products have driven the growth of this market in Switzerland. Furthermore, the country's high disposable income and a well-developed distribution network have also contributed to the success of this 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