Definition:
The Dairy Products and Eggs market covers eggs and dairy products which play a major role in the daily diet of many consumers. The market includes milk substitutes, milk, products made from mammal’s milk or milk components, and eggs that are harvested from domesticated animals for human consumption, such as chickens, ducks, or quails.
Structure:
The market consists of 8 different submarkets:
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), and 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 Dairy Products & Eggs market in Pakistan is seeing slow growth due to factors such as limited consumer awareness, lack of availability in certain regions, and competition from substitutes like plant-based milk and yogurt. Despite this, the market is expected to experience moderate growth as more consumers prioritize health and wellness, leading to increased demand for these products.
Customer preferences: With the rise of health consciousness and the growing trend towards plant-based diets, the demand for non-dairy milk alternatives has significantly increased in Pakistan. This shift is largely driven by cultural and religious factors, as many Pakistanis follow a vegetarian or vegan diet for religious or ethical reasons. Additionally, the increasing prevalence of lactose intolerance among the population has also contributed to the popularity of dairy-free options. This trend is expected to continue as more consumers prioritize health and ethical considerations in their food choices.
Trends in the market: In Pakistan, the Dairy Products & Eggs Market within The Food market is experiencing a surge in demand for organic and locally sourced products. This trend is being driven by consumers' increasing awareness of the health and environmental benefits of consuming organic foods. As a result, there has been a rise in the number of small-scale dairy farms and egg producers, as well as an increase in distribution channels for these products. This trend is expected to continue, with potential implications for industry stakeholders such as increased competition and the need for sustainable sourcing practices.
Local special circumstances: In Pakistan, the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's large agricultural sector and its traditional preference for dairy consumption. This has resulted in a strong supply chain for dairy products, with a wide range of locally produced options available. Additionally, regulatory factors such as government subsidies for dairy farmers and import restrictions on certain dairy products play a significant role in shaping the market. The country's growing middle class and increasing health consciousness are also driving the demand for high-quality and organic dairy products, leading to an expansion of premium dairy brands in the market.
Underlying macroeconomic factors: The Dairy Products & Eggs Market within The Food market in Pakistan is influenced by macroeconomic factors such as import and export policies, inflation rates, and government initiatives to promote the growth of the agricultural sector. The country's agricultural sector has been facing challenges due to climate change and water scarcity, which has impacted the production and availability of dairy products and eggs. However, the government's efforts to increase investment in the sector and improve infrastructure are expected to drive market growth. Additionally, the growing population and rising disposable income in the country are contributing to the demand for these products, further fueling market growth.
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