Dairy Products & Eggs - Togo | Statista Market Forecast

Revenue in the Dairy Products & Eggs market amounts to US$239.20m in 2024. The market is expected to grow annually by 7.02% (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$25.83 are generated in 2024.
In the Dairy Products & Eggs market, volume is expected to amount to 116.00m kg by 2029. The Dairy Products & Eggs market is expected to show a volume growth of 3.8% in 2025.0.
The average volume per person in the Dairy Products & Eggs market is expected to amount to 10.4kg 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 Togo has been experiencing minimal growth, influenced by factors such as fluctuating consumer demand, limited availability of resources, and the emergence of substitutes. However, with increasing health consciousness and technological advancements, there is potential for growth in this market in the near future.

Customer preferences: With the rise in health consciousness and awareness, consumers in Togo are increasingly opting for organic and locally sourced dairy products and eggs. This trend is driven by a growing preference for natural and sustainable food options. Additionally, there is a shift towards plant-based alternatives, such as almond milk and tofu, as more consumers are adopting vegetarian and vegan diets. This shift is also influenced by cultural and religious beliefs, as well as the rising concerns over animal welfare and environmental sustainability.

Trends in the market: In Togo, the Dairy Products & Eggs Market within The Food market is experiencing a shift towards organic and local products, driven by increasing consumer demand for healthier and more sustainable options. This trend is expected to continue, with the government and industry stakeholders promoting and investing in the development of domestic dairy production. This could have significant implications for importers of dairy products, who may face increased competition and a decline in demand. Additionally, there is a growing focus on food safety and traceability, leading to the adoption of new technologies in the production and distribution of dairy products and eggs. Overall, these trends indicate a shift towards a more diverse and competitive market, presenting both challenges and opportunities for industry players.

Local special circumstances: In Togo, the Dairy Products & Eggs Market within The Food market is heavily influenced by the country's agricultural landscape and traditional food culture. Togo's fertile soil and favorable climate make it a prime location for dairy farming, resulting in a strong local supply of milk and eggs. Additionally, Togolese cuisine heavily relies on dairy and egg-based dishes, creating a strong demand for these products. Regulatory factors, such as import restrictions on dairy and egg products, also play a significant role in shaping the market dynamics in Togo.

Underlying macroeconomic factors: The Dairy Products & Eggs Market in Togo is heavily influenced by macroeconomic factors such as global economic trends, national economic health, and fiscal policies. With a growing economy and increasing disposable income, the demand for dairy products and eggs is expected to rise in the country. Additionally, favorable government regulations and investments in the agriculture sector are also contributing to the growth of the market. However, challenges such as limited infrastructure and access to technology may hinder market growth. Furthermore, the increasing population and changing dietary preferences in Togo are also driving the demand for dairy products and eggs, creating opportunities for market expansion.

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.