Global Egg Market Size, Drivers, Trends, Opportunities And Strategies – Includes Egg Market Outlook
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Technological advances are expected to drive innovation in egg manufacturing, thus driving the market during the forecast period.
The global egg market is expected to grow from $248.49 billion in 2022 to $270.08 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The egg market is expected to grow to $374.89 billion in 2027 at a CAGR of 8.5%.
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Global Egg Market Segments Include:
- By Type: Hen, Other Birds
- By Application: Food & Beverage, Bakery, Snacks, Meat, Other Applications
- By Product: Shell Eggs, Specialty Eggs
- By Distribution Channel: B2B, B2C
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global egg market in 2021.
Major Market Players in the egg market include Cal-Maine Foods Inc., Post Holdings Inc., Marubeni, Rose Acre Farms Inc., Rembrandt Enterprises Inc., AvangardCo Investments Public Limited, Ovostar Union NV.
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 Global Market Report 2023 provides a egg market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The egg market forecast analyzes egg market size, egg market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Egg refers to a hard-shelled reproductive body produced by birds, used for human consumption.
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