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Dairy Products & Eggs - Timor-Leste

Timor-Leste
  • Revenue in the Dairy Products & Eggs market amounts to US$35.66m in 2024. The market is expected to grow annually by 10.32% (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$25.85 are generated in 2024.
  • In the Dairy Products & Eggs market, volume is expected to amount to 47.12m kg by 2029. The Dairy Products & Eggs market is expected to show a volume growth of 8.9% in 2025.0.
  • The average volume per person in the Dairy Products & Eggs market is expected to amount to 22.9kg 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.

In-Scope

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

Out-Of-Scope

  • Baby Food
  • Out-of-home consumption
Dairy Products & Eggs: market data & analysis - Cover

Market Insights report

Dairy Products & Eggs: market data & analysis

Study Details

    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 Dairy Products & Eggs market in Timor-Leste has been experiencing subdued growth due to factors such as limited access to technology, low health awareness, and a preference for traditional food options. However, with increasing availability of milk substitutes and yogurt substitutes, the market is expected to see moderate growth in the coming years.

    Customer preferences:
    Consumers in Timor-Leste are showing an increased interest in dairy alternatives, such as plant-based milks and yogurts, driven by health and environmental concerns. This trend is also fueled by a growing number of individuals opting for vegan or vegetarian diets. Additionally, there is a rising demand for locally sourced and organic dairy products, reflecting a shift towards more sustainable and natural food choices.

    Trends in the market:
    In Timor-Leste, the Dairy Products & Eggs Market is experiencing a rising demand for organic and locally-sourced products, driven by a growing awareness of health and sustainability. This trend is expected to continue as consumers become more health-conscious and seek out alternative options. Additionally, there is a growing trend towards online grocery shopping, which presents opportunities for industry stakeholders to expand their reach and tap into new markets. This shift towards e-commerce also offers convenience for consumers, potentially leading to increased sales and revenue for the Dairy Products & Eggs Market in Timor-Leste.

    Local special circumstances:
    In Timor-Leste, the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's agricultural landscape and cultural practices of dairy consumption. Due to the country's mountainous terrain, transportation of dairy products can be challenging, resulting in higher prices and limited availability. Additionally, the local preference for fresh, locally-sourced dairy products over imported ones further impacts market dynamics. The government's regulations on dairy production and import also play a significant role in shaping the market.

    Underlying macroeconomic factors:
    The Dairy Products & Eggs Market in Timor-Leste is impacted by macroeconomic factors such as the country's economic growth, government policies, and global market trends. With the rising population and increasing demand for dairy products and eggs, Timor-Leste has seen an increase in investments in the agriculture sector and a boost in its overall economic health. However, challenges such as limited infrastructure and resources have hindered the market's growth potential. The global trend towards healthier and more sustainable food options has also influenced the demand for dairy products and eggs in Timor-Leste, leading to an increase in production and innovation in the market.

    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.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Explore more high-quality data on related topic

    Global dairy industry - statistics & facts

    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.
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