Egg Market (2023 To 2032) - Industry Analysis, Size, Share, Growth, Trends and Forecast

As per The Business Research Company's Egg Opportunities And Strategies Market Report 2023, The global egg market grew from $188,275 million in 2017 to $253,299 million in 2022 at a compound annual growth rate (CAGR) of 6.1%. The market is expected to grow from $253,299 million in 2022 to $380,268 million in 2027 at a CAGR of 8.5%, and to $599,205 million in 2032 at a CAGR of 9.5%.

The increasing demand and consumption of animal proteins is driving the egg market in the forecast period. The global increase in protein consumption for mass gain, strength gain and weight loss, as well as a growing understanding of balanced diets, is increasing the demand for animal proteins, such as egg, which is a great source of protein. For example, according to the Organization for Economic Co-operation and Development (OECD), a France-based intergovernmental organization, global meat consumption was 14.244 kilograms per capita in 2022 and is forecasted to increase to 14.438 kilograms per capita in 2029. Therefore, the increasing demand and consumption of animal proteins will drive the growth of the egg market.

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Specialty eggs are gaining popularity in the egg market. Major players in the market are focusing on producing specialty eggs to stay competitive in the market. Specialty eggs are organic or cage-free that have a different eggshell color, such as olive, blue or dark brown. For example, in January 2022, Dutch Farms, a US-based farm that provides wholesome dairy, deli, meat and bakery products, introduced its specialty egg line expansion. Dutch Farms sells specialty eggs from chickens raised in different types of housing or fed diets intended to boost the nutritional content of the eggs.

The top opportunities in the egg market by type will arise in the hen segment, which will gain $116,688.79 million of global annual sales by 2027. The top growth potential in the egg market by end-use application will arise in the retail/household segment, which will gain $91,353.32 million of global annual sales by 2027. The top growth potential in the egg market by product will arise in the conventional segment, which will gain $103,136.96 million of global annual sales by 2027. The top growth potential in the egg market by sales channel will arise in the offline segment, which will gain $118,845.37 million of global annual sales by 2027. The egg market size will gain the most in Brazil at $18,769.50 million.

Egg Market Segmentation:
The Egg market is segmented by type, By End-Use Application , By Product and By Sales Channel of traders.

By Type -
a) Hen
b) Other Birds

By End-Use Application -
a) Food Processing Industry
b) Food Service Providers
c) Retail/Household.

By Product -
d) Conventional
e) Other Products

By Sales Channel -
a) Online
b) Offline

Major players in the Egg market include Cal-Maine Foods, Inc, Post Holdings, Inc., Rose Acre Farms, Inc., Marubeni, PPB Group Bhd

The regions covered in the global Egg market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The latest report from The Business Research Company, 'Global Egg Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Egg Market Report Table Of Content
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
24. Key Mergers And Acquisitions
25. Market Background: Animal Produce Market
26. Opportunities And Strategies
27. Egg Market, Conclusions And Recommendations
28. Appendix

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