Dairy Products & Eggs - Worldwide

Worldwide

Revenue in the Dairy Products & Eggs market amounts to €1,070.00bn in 2024. The market is expected to grow annually by 7.39% (CAGR 2024-2028).
In global comparison, most revenue is generated in India (€158bn in 2024).
In relation to total population figures, per person revenues of €138.10 are generated in 2024.
In the Dairy Products & Eggs market, volume is expected to amount to 494.40bn kg by 2028. The Dairy Products & Eggs market is expected to show a volume growth of 3.2% in 2025.
The average volume per person in the Dairy Products & Eggs market is expected to amount to 56.4kg in 2024.

Key regions: Spain, China, Canada, India, Philippines

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The Dairy Products & Eggs segment has experienced gradual growth over the past few years, with COVID-19 having a moderate impact on this segment. The global market is predicted to show a continuous increase over the next couple of years. Per capita consumption is expected to be much higher in low- and lower-income countries. India, Pakistan, and some African countries, for example, are projected to experience a strong increase in demand in the coming years.

Population growth and increases in income have led to a rise in demand. Another important factor that drives consumption is regional preferences. When it comes to the Dairy Products & Eggs segment, it is important to consider some of its main challenges and uncertainties. These include animal diseases, the rising input costs, and macroeconomic developments, such as inflationary pressure and logistics bottlenecks.

Sustainability also has a major influence on this segment, and as a result, vegan diets and plant-based products are expected to promote consumption and offer consumers with more alternatives. Additionally, organic products are a major trend in this segment. Given inflationary pressures, private-label products are also becoming increasingly popular.

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.