The Egg Global Market Report 2023 by The Business Research Company, provides egg market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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In accordance with The Business Research Company’s comprehensive analysis in the Egg Global Market Report for the year 2023, there is a projected expansion of market size from $248.49 billion in 2022 to a noteworthy $270.08 billion in 2023, demonstrating an impressive Compound Annual Growth Rate (CAGR) of 8.7%. However, the global economic rebound from the COVID-19 pandemic has faced disruptions, particularly due to the Russia-Ukraine conflict. This geopolitical tension has prompted economic sanctions on numerous nations, a surge in commodity prices, and widespread supply chain disruptions, thereby instigating inflation across diverse sectors. This confluence of events has significantly impacted markets on a global scale. Looking ahead, the forecast anticipates the market size of the global egg market to ascend to $374.89 billion by 2027, maintaining a commendable CAGR of 8.5%.
Technological advances are expected to drive the egg market during the forecast period. New poultry and egg storage technologies are expected to increase the use of new poultry and egg technologies. Companies involved in the egg market are also expected to integrate big data analytics, IoT, robotics, and other technologies into their practices.
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The egg market is segmented:
1) By Type: Hen, Other Birds
2) By Application: Food & Beverage, Bakery, Snacks, Meat, Other Applications
3) By Product: Shell Eggs, Specialty Eggs
4) By Distribution Channel: B2B, B2C
Top 5 Major Players:
Within the realm of animal production, immune modulators have witnessed a notable surge in adoption as they facilitate a shift towards antibiotic-free animal agriculture. These modulators, classified as drugs, play a pivotal role in activating or enhancing an animal’s immune system. This heightened immune response enables better control over disease development in animals and curtails the risk of transmission to humans. Companies engaged in this sector traditionally resort to antibiotics for growth promotion and therapeutic purposes. However, under the growing influence of consumer groups and advocacy organizations, these companies are pivoting towards immune modulators to safeguard consumer health. A report by the Pew Charitable Trusts underscores the efficacy of immune modulators, asserting that they are effective against a broad spectrum of pathogens, energizing the immune system in a manner less contingent on the specific pathogen causing infection.
Moreover, a diverse array of antibiotic alternatives has been innovatively developed for various applications. Noteworthy successes include the application of egg-yolk antibodies in immune modulators for chickens, substantially reducing the risk of necrotic enteritis. In swine, these antibodies prove instrumental in preventing diarrhoea caused by a myriad of pathogens. Notably, in the United States, an immune modulator designed to prevent udder infections in dairy cows postpartum has recently garnered approval from the Food and Drug Administration (FDA). This marks a pivotal stride in advancing the realms of animal health and welfare.
The egg market report table of contents includes:
1. Executive Summary
2. Report Structure
3. Egg Market Characteristics
4. Egg Market Product Analysis
5. Egg Market Supply Chain
…..
21. Key Mergers And Acquisitions In The Egg Market
22. Market Background: Animal Produce Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
List Of Tables:
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Egg Market, 2022, By Region, Value ($ Billion)
Table 4: Global Egg Market, 2017-2022, 2022-2027F, 2032F, Historic And Forecast, By Region
Table 5: Global Egg Market, Growth And Market Share Comparison, By Region
….
Table 175: Rose Acre Farms Inc. Financial Performance
Table 176: Rembrandt Enterprises Inc. Financial Performance
Table 177: Global Egg Market In 2027- Growth Countries
Table 178: Global Egg Market In 2027- Growth Segments
Table 179: Global Egg Market In 2027- Growth Strategies
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