The Egg by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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https://www.thebusinessresearchcompany.com/report/egg-global-market-report
According to The Business Research Company’s Egg, The egg market size has grown strongly in recent years. It will grow from $269.48 billion in 2023 to $289.9 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to surge in demand for confectionery and bakery products, rise in awareness about health and fitness, and rise in disposable income.
The egg market size is expected to see strong growth in the next few years. It will grow to $386.75 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to increasing demand and consumption of animal proteins, rise in global population, and favorable initiatives. Major trends in the forecast period include producing carbon-neutral eggs, increasing investments, focus on strategic partnerships, producing specialty eggs, and adopting and developing egg analyzers.
The growing demand for processed eggs is expected to boost the growth of the eggs market going forward. An egg is a hard-shelled reproductive body produced by a bird or domestic chicken that is used as food in addition to a primary component for baked goods. Processed eggs refer to products made from eggs or egg mixes. These processed egg products are pasteurized to kill salmonella and other pathogens, making them a safer alternative to fresh eggs and providing excellent protein sources. For instance, in April 2022, according to statistics published by Department for Environment Food & Rural Affairs, a UK government department, the number of eggs purchased by UK egg processors totaled 1,113 thousand cases (equivalent to 24.4 thousand tonnes) in Q3 2021, a 22% rise over the same period in 2020 and a return to pre-2020 levels. In Q3 2021, liquid eggs accounted for 72% of total output; compared to the same quarter of 2020, total output increased by 19% in Q3 2021. Therefore, the growing demand for processed eggs is driving the growth of the processed eggs market.
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The egg market covered in this report is segmented –
1) By Type: Hen, Other Birds.
2) By Product Into: Conventional, Other Products
3) By Sales Channel : Online, Offline
4) By End-Use Application: Food Processing Industry, Food Service Providers, Retail/Household
Immune modulators are being increasingly used in animal production as they enable producers to move towards antibiotic-free animal agriculture. Immune modulators are a class of drugs that activate or boost an animal’s immune system to better control the development of diseases in animals and their transmission to humans. Companies involved in this industry often use antibiotics for growth promotion and therapeutic reasons. However, due to pressure from consumer groups and rights activists, these companies are turning towards these modulators, which protect consumers’ health. According to a report by the Pew Charitable Trusts, Immune modulators are effective against a broad range of pathogens as they energise the immunity system in a way that is less dependent on the pathogen causing infection.”” Furthermore, a broad range of antibiotic alternatives have been developed for various implementations. In chickens, egg-yolk antibodies used in immune modulators have remarkably reduced the risk of necrotic enteritis. The efficacy of the same antibodies in swine enables the prevention of diarrhoea caused by a variety of pathogens. In the USA, an immune modulator was developed to prevent udder infections in dairy cows after birth and recently received approval from the Food and Drug Administration (FDA).
The egg market report table of contents includes:
1. Executive Summary
2. Egg Market Characteristics
3. Egg Product/Service Analysis -Product/Service Examples
4. Egg Market Trends And Strategies
5. Egg Market – Macro Economic Scenario
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26. Germany Egg Market
27. France Egg Market
28. Italy Egg Market
29. Spain Egg Market
30. Austria Egg Market
Top Major Players:
- Cal-Maine Foods, Inc
- Post Holdings, Inc
- Rose Acre Farms, Inc
- Marubeni
- PPB Group Bhd
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