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Other Dairy Products & Eggs - Zimbabwe

Zimbabwe
  • Revenue in the Other Dairy Products & Eggs market amounts to US$555.80m in 2024. The market is expected to grow annually by 12.72% (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$32.66 are generated in 2024.
  • In the Other Dairy Products & Eggs market, volume is expected to amount to 135.70m kg by 2029. The Other Dairy Products & Eggs market is expected to show a volume growth of 3.6% in 2025.0.
  • The average volume per person in the Other Dairy Products & Eggs market is expected to amount to 6.9kg 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 Zimbabwe is experiencing mild growth due to factors like increasing demand for digital technologies, growing health consciousness, and the convenience of online services. These factors are driving the market's growth rate.

Customer preferences:
The Other Dairy Products & Eggs Market in Zimbabwe has seen a rise in demand for plant-based alternatives, such as soy and almond milk, as consumers become more health-conscious and environmentally aware. This trend is also fueled by the growing popularity of vegan and vegetarian diets. Additionally, there is a growing preference for locally sourced and organic dairy products, reflecting a shift towards sustainable and ethical consumption practices. The market is also witnessing a rise in demand for free-range and cage-free eggs, as consumers prioritize animal welfare and natural production methods.

Trends in the market:
In Zimbabwe, there is a growing trend of incorporating traditional dairy products and eggs into modern food products, such as yogurts and pasteurized eggs. This trend is driven by consumers' increasing demand for healthy and natural food options. As a result, there is a shift towards sustainable and ethically sourced dairy products and eggs, as well as a push for more transparency in the production process. This trend is significant for industry stakeholders as it presents opportunities for market growth, but also poses challenges in terms of meeting consumer demands and ensuring quality control. Additionally, this trend has implications for the overall food market in Zimbabwe, as it reflects a shift towards more conscious and mindful consumption habits.

Local special circumstances:
In Zimbabwe, the Other Dairy Products & Eggs Market is influenced by the country's economic struggles and resulting inflation. This has led to a rise in demand for more affordable dairy alternatives, such as soy milk and plant-based egg substitutes. Additionally, cultural preferences for traditional fermented dairy products, like maas and amasi, play a significant role in shaping the market. Government regulations on dairy imports also impact the availability and pricing of these products in Zimbabwe.

Underlying macroeconomic factors:
The Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market in Zimbabwe is heavily influenced by macroeconomic factors such as economic stability, government policies, and consumer spending. The country's economic health plays a crucial role in determining the demand for dairy products and eggs, as it directly impacts the purchasing power of consumers. Moreover, fiscal policies, such as taxation and subsidies, can also influence the production and distribution of dairy products and eggs. Furthermore, global economic trends, such as fluctuations in commodity prices and trade policies, can also have a significant impact on the market's performance.

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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