Contact
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 17:00 h (SGT)
Lun - Ven, 10:00 - 18:00 h (JST)
Lun - Ven, 9:00 - 18:00 h (GMT)
Lun - Ven, 9:00 - 18:00 h (EST)
Key regions: Japan, Philippines, United Kingdom, India, South Korea
The Other Dairy Products & Eggs Market in Norway is facing a negligible growth rate, with factors such as changing consumer preferences and increased competition impacting this trend. However, the convenience of online shopping and the growing trend towards healthy eating may drive growth in the future.
Customer preferences: Consumers in Norway are increasingly opting for dairy-free and plant-based alternatives such as oat milk and tofu as they become more health-conscious and environmentally aware. This trend is also driven by a growing interest in vegan and vegetarian diets. Additionally, there is a demand for organic and locally sourced dairy products as consumers prioritize sustainability and support for local farmers.
Trends in the market: In Norway, the Other Dairy Products & Eggs Market of the Dairy Products & Eggs Market within The Food market is experiencing a shift towards plant-based alternatives. This trend is driven by increasing health and environmental concerns, as well as the rise of vegan and flexitarian diets. Companies in the industry are responding by expanding their product offerings to include more dairy-free and egg-free options. This trend is expected to continue, with the global plant-based dairy market projected to reach $35.6 billion by 2026. This presents opportunities for industry stakeholders to capitalize on this growing demand for alternative dairy products. However, it also poses challenges for traditional dairy producers, who may need to adapt their business models to stay relevant in the changing market landscape. Additionally, stricter regulations on animal welfare and sustainability may also impact the production and marketing of traditional dairy and egg products in Norway.
Local special circumstances: In Norway, the Other Dairy Products & Eggs Market is heavily influenced by the country's strong dairy culture and high demand for organic and locally sourced products. Additionally, strict regulations on food production and labeling have led to a high level of consumer trust and preference for Norwegian dairy products. This, coupled with the country's high disposable income and health-conscious population, has resulted in a thriving market for specialty dairy products such as organic milk and artisanal cheese.
Underlying macroeconomic factors: The Other Dairy Products & Eggs Market in Norway is greatly influenced by macroeconomic factors such as population growth, consumer preferences, and government policies. The country's strong economic growth, stable political environment, and high purchasing power of consumers have contributed to the steady demand for dairy products and eggs. Additionally, Norway's focus on sustainability and animal welfare has led to the implementation of strict regulations and standards for dairy production, ensuring high-quality products for consumers. Furthermore, the growing health consciousness among consumers has led to an increasing demand for organic and plant-based dairy alternatives, driving the growth of the market in Norway.
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.Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 18:00 h (EST)
Lun - Ven, 9:00 - 17:00 h (SGT)
Lun - Ven, 10:00 - 18:00 h (JST)
Lun - Ven, 9:00 - 18:00 h (GMT)
Lun - Ven, 9:00 - 18:00 h (EST)