Dairy Products & Eggs - Taiwan | Statista Market Forecast

Revenue in the Dairy Products & Eggs market amounts to US$6.36bn in 2024. The market is expected to grow annually by 4.11% (CAGR 2024-2029).
In global comparison, most revenue is generated India (US$173bn in 2024).
In relation to total population figures, per person revenues of US$265.40 are generated in 2024.
In the Dairy Products & Eggs market, volume is expected to amount to 3.72bn kg by 2029. The Dairy Products & Eggs market is expected to show a volume growth of 4.2% in 2025.0.
The average volume per person in the Dairy Products & Eggs market is expected to amount to 129.2kg in 2024.

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:

The Milk market covers fresh milk that is defined as an animal product containing proteins, lactose, fats, and water.
The Milk substitutes market covers all types of plant-based milk, such as soya, almond, oat, rice, coconut, spelt, and other. “Other” includes hazelnut, soya/rice blend, buckwheat, cashew, pea, millet, lupine, hemp, quinoa, flax seed, grain, etc.
The Yogurt market covers products that are made when milk is fermented by bacteria.
The Cheese market covers solid products obtained by coagulating milk.
Yogurt substitutes cover non-dairy alternatives to traditional yogurt
Cheese substitutes cover non-dairy alternatives to traditional cheese
The Eggs market covers chicken eggs.
The Other Dairy Products & Eggs market covers other products made from milk or milk components and other types of edible 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), 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.

For more information on the displayed data, click the info button on the right side of each box.

Fresh milk
Yogurt
Cheese
Eggs
preserved and powdered milk, cream, curd, yogurt drinks
Milk substitutes

Baby Food
Out-of-home consumption

The Dairy Products & Eggs Market in Taiwan has been experiencing slow growth due to increasing competition, rising health concerns, and a shift towards plant-based alternatives. However, the convenience and variety offered by online shopping platforms are driving the market forward. The Milk and Yogurt sub-markets are the top contributors to this growth, while Cheese and Eggs have seen a decline in demand. The growth rate of this market is expected to remain stagnant due to consumer preferences for healthier options and the availability of substitutes.

Customer preferences: Consumers in Taiwan are increasingly turning towards plant-based and alternative dairy products, driven by a growing interest in health and sustainability. This shift is also influenced by cultural preferences for vegetarian and vegan diets. Additionally, the rise of e-commerce and online grocery shopping has made it easier for consumers to access a wider range of dairy-free options, further fueling the demand for non-dairy alternatives. This trend is expected to continue as consumers become more health-conscious and environmentally aware.

Trends in the market: In Taiwan, the Dairy Products & Eggs Market within The Food market is experiencing a shift towards healthier and sustainable options. Consumers are increasingly seeking out organic and plant-based dairy products, as well as free-range eggs. This trend is driven by growing awareness of health and environmental concerns. As a result, there is a rise in the number of dairy and egg producers adopting sustainable and ethical practices to meet consumer demand. This trend is expected to continue, with potential implications for industry stakeholders such as manufacturers, retailers, and consumers.

Local special circumstances: In Taiwan, the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's strong agricultural sector and its focus on producing high-quality, safe, and sustainable food products. The government has implemented strict regulations and quality control measures, resulting in a high level of consumer trust and confidence in locally produced dairy and egg products. Additionally, the Taiwanese culture places a strong emphasis on fresh and natural foods, leading to a demand for locally sourced and organic dairy and egg products.

Underlying macroeconomic factors: The Dairy Products & Eggs Market within The Food market in Taiwan is impacted by various macroeconomic factors such as the country's economic growth, government policies, and global economic trends. The rising disposable income and changing dietary preferences in Taiwan have led to an increased demand for dairy products and eggs. Furthermore, the government's focus on promoting healthy eating habits and investing in the development of the agricultural sector has also contributed to the growth of this market. Additionally, global trends such as the increasing popularity of vegetarian and plant-based diets have also influenced the market, with a growing demand for dairy alternatives.

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.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

The first evidence of dairy consumption dates back over six thousand years, and today dairy products are enjoyed all over the world. Over the past couple millennia there has been an incredible amount of creativity and innovation when it comes to processing, fermenting, and consuming dairy products. In 2022, the value of the dairy market worldwide was estimated to be about 893 billion U.S. dollars, which is projected to grow to 1,243 billion dollars by 2028.