Market Insights Consumer Food Dairy Products & Eggs

Other Dairy Products & Eggs - Algeria

Algeria

Revenue in the Other Dairy Products & Eggs market amounts to €0.91bn in 2024. The market is expected to grow annually by 9.31% (CAGR 2024-2029).
In global comparison, most revenue is generated in India (€45bn in 2024).
In relation to total population figures, per person revenues of €19.56 are generated in 2024.
In the Other Dairy Products & Eggs market, volume is expected to amount to 238.00m kg by 2029. The Other Dairy Products & Eggs market is expected to show a volume growth of 1.3% in 2025.
The average volume per person in the Other Dairy Products & Eggs market is expected to amount to 4.8kg in 2024.

Key regions: Japan, Philippines, United Kingdom, India, South Korea

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Analyst Opinion

The Other Dairy Products & Eggs Market in Algeria is experiencing subdued growth, influenced by factors like changing consumer preferences and increasing competition. Despite this, the market is expected to expand due to rising demand for healthy and convenient food options.

Customer preferences: The increasing prevalence of lactose intolerance and dairy allergies among consumers has led to a rise in demand for alternative dairy products, such as plant-based milk and dairy-free yogurts. This shift in preference is also influenced by a growing trend towards plant-based diets and ethical concerns about animal welfare. As a result, companies are expanding their product offerings to cater to this segment of the market.

Trends in the market: In Algeria, the Other Dairy Products & Eggs Market within the Dairy Products & Eggs Market of The Food market is witnessing a shift towards healthier and functional dairy products, such as yogurt and probiotic drinks. This trend is driven by increasing consumer awareness of the benefits of these products for gut health. Additionally, there is a growing demand for plant-based alternatives in the market, as more consumers are opting for dairy-free options. This trend is expected to continue, with potential implications for industry stakeholders to innovate and diversify their product offerings to meet changing consumer preferences.

Local special circumstances: In Algeria, the Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market is heavily influenced by cultural and religious factors. The majority of the population follows Islam, which prohibits the consumption of pork and alcohol. This has led to a higher demand for non-pork and non-alcoholic dairy products, such as camel milk and goat cheese, in the market. Additionally, the Algerian government heavily regulates the import and sale of dairy products, creating a unique market environment for local and international dairy companies.

Underlying macroeconomic factors: The Other Dairy Products & Eggs Market in Algeria is heavily influenced by macroeconomic factors such as consumer spending power, government policies, and international trade agreements. The country's economic health and stability play a significant role in determining market performance, as fluctuations in GDP growth, inflation rates, and exchange rates can impact consumer purchasing power and overall demand for dairy products. Additionally, policies related to food safety and import/export regulations can also affect the market, as they may restrict or facilitate the flow of dairy products in and out of the country. In recent years, Algeria's government has implemented fiscal policies to support domestic production of dairy products and reduce reliance on imports, which has positively influenced the growth of the Other Dairy Products & Eggs Market. However, continued improvements in the country's economic and regulatory environment will be crucial for sustained market growth in the future.

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.