Press Release

Poultry Eggs Market to Grow with a CAGR of 5.6% Globally through to 2028

Rising disposable incomes, increasing urbanization, and a growing demand for protein-rich foods are factors driving the Global Poultry Eggs market in the forecast period 2024-2028.

 

According to TechSci Research report, “Global Poultry Eggs Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Poultry Eggs Market stood at USD 84.6 million in 2022 and is anticipated to grow with a CAGR of 5.6% in the forecast period, 2024-2028. This growth is being driven by rising disposable incomes, increasing urbanization, and a growing demand for protein-rich foods.

As disposable incomes rise, consumers are more willing to spend money on high-quality, nutritious foods. This is driving demand for poultry eggs, which are a relatively affordable source of protein. Urbanization is leading to a shift in dietary patterns, with consumers increasingly consuming processed and convenience foods. This is driving demand for egg products, such as liquid eggs and dried eggs. There is a growing demand for protein-rich foods, as consumers become more aware of the importance of protein for health and well-being. This is driving demand for poultry eggs, which are a high-quality source of protein.

 

Browse over 26 market data Figures spread through 183 Pages and an in-depth TOC on "Global Poultry Eggs Market

 

There is a growing trend towards the development of new egg products, such as liquid eggs, dried eggs, and egg-based snacks. These products are more convenient for consumers and have a longer shelf life. There is a growing focus on sustainability in the poultry eggs industry. This is leading to the development of more environmentally friendly farming practices and the use of recycled packaging materials. E-commerce is becoming increasingly popular for the purchase of poultry eggs. This is providing consumers with greater convenience and choice. The global poultry eggs market is expected to continue to grow in the years to come, driven by the factors mentioned above. The market is expected to be supported by rising disposable incomes, increasing urbanization, and a growing demand for protein-rich foods. However, the market will also face challenges from outbreaks of avian influenza, concerns about animal welfare, and increased competition from alternative protein sources.

The drivers of the poultry eggs market are multifaceted, encompassing factors related to demographics, health consciousness, technological advancements, culinary trends, and economic considerations. The interplay of these drivers creates a dynamic environment that continues to shape the growth and evolution of the poultry eggs market on a global scale. The poultry eggs market is dynamic, with evolving consumer preferences and trends shaping the industry. From specialty and functional eggs to sustainable practices and technological advancements, these trends reflect the industry's adaptability to meet the changing demands of a diverse and conscious consumer base. Producers, retailers, and stakeholders in the poultry eggs market will continue to explore innovative solutions to stay competitive and address emerging consumer needs.

As the global population continues to increase, there is a corresponding rise in the demand for food, including protein sources like eggs. Eggs are a cost-effective and widely available protein option, making them a staple in diets worldwide. Increased awareness of the nutritional benefits of eggs, including being a rich source of high-quality protein, vitamins, and minerals, has contributed to growing consumer demand. Scientific studies highlighting the positive impact of eggs on health have reinforced their status as a nutritious food choice. With a growing focus on health and wellness, consumers are seeking nutritious and wholesome food options. Eggs, known for their nutritional density, appeal to health-conscious individuals looking to incorporate protein-rich and nutrient-dense foods into their diets. Ongoing culinary trends and innovations, such as the development of new egg-based products and recipes, contribute to the sustained interest and demand for eggs. Creative applications in the food industry, including the incorporation of eggs into convenient and ready-to-eat products, attract consumers looking for diverse and interesting food options.

The Global Poultry Eggs Market is segmented into type, application, distribution channel, regional distribution, and company.

Based on type, Shell eggs are the most dominating type of egg, accounting for largest global egg production. This is due to their versatility, affordability, and long shelf life. Shell eggs can be used in a wide variety of dishes, from simple scrambled eggs to elaborate cakes and pastries. They are also a relatively inexpensive source of protein and other nutrients.

Based on region, Asia-Pacific is the dominating region in the global poultry eggs market, accounting for largest global consumption. This is due to several factors, including large population, rising disposable incomes, growing urbanization. Asia-Pacific is the most populous region in the world, with over 60% of the global population.

 

Major companies operating in Global Poultry Eggs Market are:

  • Cal Maine Foods Inc.
  • Charoen Pokphand Foods PCL
  • Granja Yabuta
  • ISE FOODS Inc.
  • Proteina Animal SA DE CV
  • Rose Acre Farms
  • Suguna Foods Pvt. Ltd.
  • Trillium Farm Holdings LLC
  • Ukrlandfarming PLC
  • Agroholding Avangard

 

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“The poultry eggs market is experiencing robust growth driven by factors such as increasing global population, rising consumer awareness of the nutritional benefits of eggs, and the versatility of eggs in various culinary applications. Emerging trends like the demand for specialty and functional eggs, sustainability initiatives, and technological advancements further contribute to market expansion. Additionally, the shift towards online retail channels and the development of innovative egg-based products enhance accessibility and meet evolving consumer preferences. This collective momentum positions the poultry eggs market for sustained growth, offering opportunities for producers and stakeholders to capitalize on the diverse dynamics shaping the industry.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Poultry Eggs Market Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Shell Eggs, Specialty Eggs, Processed Egg Products), By Application (Household, Commercial), By Distribution Channel (Departmental stores, Specialty Stores, Online, Others), By Region, By Competition, 2018-2028”, has evaluated the future growth potential of Global Poultry Eggs Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Poultry Eggs Market.

 

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Poultry Eggs Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Shell Eggs, Specialty Eggs, Processed Egg Products), By Application (Household, Commercial), By Distribution Channel (Departmental stores, Specialty Stores, Online, Others), By Region, By Competition 2018-2028

Consumer Goods and Retail | Nov, 2023

Rising disposable incomes, increasing urbanization, and a growing demand for protein-rich foods are factors driving the Global Poultry Eggs market in the forecast period 2024-2028x

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