Global Eggs Market – Industry Trends and Forecast to 2031

Eggs Market Analysis and Size

The eggs market continues to witness innovations with new launches and applications. From advanced packaging technologies ensuring freshness to novel egg-based products such as protein-rich snacks and gourmet dishes, the industry is diversifying rapidly. These developments reflect a growing consumer demand for convenient, nutritious, and versatile egg products.

Data Bridge Market Research analyses that the global eggs market, which was USD 241.09 billion in 2023, is expected to reach USD 402 billion by 2031, at a CAGR of 6.60% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation      

Market Definition

Eggs are a versatile and nutritious food. They are a rich source of high-quality protein, essential vitamins, and minerals. Whether boiled, fried, or scrambled, eggs are a popular and affordable dietary staple. Their unique combination of taste and nutritional value makes them a common choice of ingredient in various culinary dishes worldwide.

Global Eggs Market Dynamics

Drivers

• Health Consciousness Among Consumer

Growing health consciousness is fueling demand for eggs, valued for their rich protein content and essential nutrients. Recognized as a vital dietary component, eggs are embraced for their role in fostering overall well-being. This trend reflects a shift towards healthier eating habits, driving increased consumption of eggs as a nutritious and versatile food option.

• Rising Demand for Convenience Foods

The surge in demand for convenience foods is propelled by hectic lifestyles and evolving dietary choices. Consumers, seeking quick and nutritious options, drive market growth for pre-packaged boiled or scrambled eggs. This trend reflects a preference for time-saving, easy solutions, shaping the trajectory of the convenience food market.

Opportunities

• Growing Population Leads to Growing Demand

Global population growth drives increased demand for eggs as an affordable and accessible protein source. With rising numbers, eggs become a staple in diverse diets, meeting nutritional needs for a growing populace. This demand underscores the importance of egg production and distribution in sustaining global food security and supporting the dietary requirements of a expanding population.

• Stringent Regulations for Food Safety and Quality Standards

Stringent regulations and standards governing egg production, handling, and labeling are pivotal in shaping the market. Growing consumer concerns about food safety drive an increased demand for eggs from certified sources. Adherence to these standards assures consumers of the quality and safety of eggs, influencing purchasing decisions in the ever-evolving egg market.

Restraints/Challenges

• Price Volatility for Consumer and Producer

Price volatility due to fluctuating feed costs destabilizes the egg market, leading to unpredictable prices for producers and consumers equally. This uncertainty disrupts financial planning, undermines profitability for producers, and creates inconsistency in egg affordability for consumers, ultimately hindering market stability and growth.    

• Disease Outbreaks in Poultry

Disease outbreaks, notably avian influenza, pose a significant challenge to the egg market. These events can result in widespread supply shortages due to mass culling of infected poultry, leading to elevated values. The unpredictability and severity of such outbreaks create market instability, impacting both producers and consumers negatively, undermining the overall stability and profitability of the egg industry.

This global eggs market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global eggs market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

• In June 2022, ISE Food Inc., a prominent Japanese egg producer, expands into India, launching its products in various retail channels. The move targets the growing Indian egg market, displaying the company's commitment to meeting diverse consumer demands and expanding its global presence
• In July 2021, Alternative Foods launches a new range of baked snack bars, including Brownie, Flapjack, Millionaire, and Tiffin bars. These products highlight the company's aquafaba egg alternative, catering to consumers seeking plant-based options and promoting sustainability in the snack industry
• In May 2021, Eat Just, Inc. announces plans to launch its vegan egg to European markets by year-end. With a focus on expanding product offerings and meeting the rising demand for vegan food choices, the move underscores the company's commitment to innovation and global accessibility

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Eggs Market Scope

The global eggs market is segmented on the basis of product type, source, category, packaging type, speciality, end user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Cage-Free
• Free-Range
• Shell Egg
• Processed Eggs
  • Dried
  • Liquid
  • Frozen

 Source

• Animal Based Egg
  • Hens
  • Other Birds

 Category

• Conventional
• Organic

 Packaging Type

• Trays
• Boxes and Carton
• Cans
• Bottles
• Pouches
• Others

 Specialty

• Gluten Free
• Low Cholesterol
• High Protein
• Others

End User

• Retail/Household
• Food Service Sector

 Distribution Channel

• Online
  • E-commerce
• Offline
  • Supermarkets
  • Grocery Store

Global Eggs Market Regional Analysis/Insights

The global eggs market is analysed and market size insights and trends are provided by country, product type, source, category, packaging type, speciality, end user and distribution channel as referenced above.

The countries covered in the global eggs market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

Asia-Pacific is expected to dominate the eggs market with China leading the region, driven by the rising health consciousness among its populace. This trend underscores a growing preference for nutritious food options, bolstering the demand for eggs across various demographics.

North America is expected to witness significant growth in the eggs market from 2024 to 2031, driven by the expansion of fast food and restaurant chains. This trend reflects evolving consumer preferences and increased demand for egg-based dishes across the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Global Eggs Market Share Analysis

The global eggs market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global eggs market.

Some of the major players operating in the global eggs market are:

• Rose Acre Farms, Inc. (U.S.)
• Cal-Maine Foods, Inc. (U.S.)
• Charoen Pokphand Foods PCL (Thailand)
• Rembrandt Foods (U.S.)
• Hillandale Farms (U.S.)
• Michael Foods, Inc. (U.S.)
• Kazi Farms Group (Bangladesh)
• Bachoco Corporate (Mexico)
• Daybreak Foods, Inc. (U.S.)
• Sparboe (U.S.)
• Grupo Mantiqueira (Brazil) Herbruck's Poultry Ranch, Inc. (U.S.)
• Eat Just, Inc. (U.S.)
• Bob’s Red Mill Natural Foods (U.S.)
• Atlantic Natural Foods (U.S.)

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