Egg Market Report 2024: Size, Share, Growth, Trends, Forecast 2033

The new report published by The Business Research Company, titled Egg Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, 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 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%.

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Rising Egg For Processed Egg Are Anticipated To Drive The Expansion Of The Egg Market
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.

Rising Use Of Immune Modulators In Animal Agriculture For Egg Market
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 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

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Major companies operating in the egg market report are Cal-Maine Foods, Inc, Post Holdings, Inc., Rose Acre Farms, Inc., Marubeni, PPB Group Bhd, Ovostar Union NV, Rembrandt Enterprises, Inc., Hillendale Farms, Kreider Farms, Hanwei Group, Royal De Wajidsons, Bhavani Agro Farms, Ise-Suzuki Egg India Pvt. Ltd, Ayur Egg, Abhi Eggs, Laohekou Zhide Hens Breeding Specialty Cooperative, Jiangsu Lihua Animal Husbandry Co Ltd, Guangdong Shuncheng Animal Husbandry Co Ltd, Australian Eggs Limited, Lohmann & Co, Aktiengesellschaft, Gräfendorfer® Poultry, Micarna, Favorite Poultry Ltd, Moy Park, Societa Agricola La Pellegrina SpA, FANIN SPAn, Sinyavskaya Poultry Farm, Prioskolye, Bohr Poultry, Rusgrain Holding, Roskar, Oka Poultry, Agrosoyuz, Versova Holdings LLP, Daybreak Foods, Michael Foods, Center Fresh Group, MPS Egg Farms, Prairie Star Farms, Mantiqueira, Redondos SA, Don Pollo Tropical S.A.C, Ghcorp S.A.C, Ponedoras S.A.C, Al Jazira Poultry Farm (L.L.C.), Al Ain Farms For Livestock Production, Al Ain Poultry Farm, Arab Company For Poultry Production, Fairooz Foodstuff Trading LLC, National Chick Ltd, Prime Eggs And Wholesalers (Pty) Ltd, Eggs-R-Easy South Africa (Pty) Ltd, Eggbert Eggs (Pty) Ltd, Harttov Nigeria Limited, BrytFarms Nig. LTD

Contents of the report:
1. Executive Summary
2. Egg Market Report Structure
3. Egg Market Trends And Strategies
4. Egg Market - Macro Economic Scenario
5. Egg Market Size And Growth
…..
27. Egg Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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