Other Livestock Products - Switzerland

  • Switzerland
  • Gross production value in Other Livestock Products market is projected to amount to US$5.53bn in 2024. An annual growth rate of 1.16% is expected (CAGR 2024-2028), resulting in gross production value of US$5.79bn in 2028.
  • The import value in Other Livestock Products market is projected to amount to US$111.2m in 2024. An annual growth rate of 2.30% is expected (CAGR 2024–2028).
  • The export value in Other Livestock Products market is projected to amount to US$2.9m in 2024. An annual growth rate of -14.21% is expected (CAGR 2024–2028).

Key regions: United Kingdom, Germany, United States, Spain, Italy

 
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Analyst Opinion

The Other Livestock Products market in Switzerland has been experiencing some interesting developments in recent years.

Customer preferences:
Swiss consumers are increasingly interested in locally sourced and sustainable food products. This trend has been driving demand for Other Livestock Products that are produced in Switzerland and adhere to high animal welfare standards. Additionally, there is a growing interest in alternative protein sources, such as insect-based products, which has led to the emergence of new companies and products in the market.

Trends in the market:
One major trend in the Other Livestock Products market in Switzerland is the increasing popularity of goat and sheep milk products. These products are seen as healthier alternatives to cow milk, and are also more sustainable as goats and sheep require less land and resources to produce milk. Another trend is the rise of niche products, such as exotic meats and specialty cheeses, which cater to the demand for unique and high-quality food products. Finally, there has been a shift towards online sales channels, as consumers are increasingly turning to e-commerce platforms to purchase food products.

Local special circumstances:
Switzerland is known for its strict regulations and high standards for food production. This has created a market for premium food products that are produced locally and adhere to these standards. Additionally, the country's mountainous terrain makes it difficult to produce certain types of food, which has led to the development of niche products that are well-suited to the local environment.

Underlying macroeconomic factors:
Switzerland has a strong economy and high levels of disposable income, which has created a market for premium food products. Additionally, the country's tourism industry has been driving demand for local and unique food products, as visitors are interested in experiencing the local cuisine. Finally, the Swiss government has been supportive of sustainable food production and has provided funding and incentives for companies that adhere to high environmental and animal welfare standards.

Methodology

Data coverage:

The data encompasses B2B. Figures are based on the value of gross production in the agriculture market, which values of production are calculated by multiplying gross production by output prices at the farm gate.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market. As a basis for evaluating markets, we use resources from the Statista platform as well as annual financial reports of the market-leading companies and industry associations, third-party studies and reports, national statistical offices, international institutions, 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.

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 S-curve function and exponential trend smoothing are well suited for forecasting agriculture products due to the non-linear growth of this market, especially because of the direct impact of climate change on the market.

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.

Overview

  • Revenue
  • Trade
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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