North America Eggs Market, By Product Type (Shell Egg, Processed Eggs), Source (Plant Based Egg, Animal Based Egg), Category (Conventional and Organic), Packaging Type (Trays, Boxes & Carton, Cans, Bottles, Pouches, Others), Specialty (Gluten Free, Low Cholesterol, High Protein, and Others), End User (Retail/Household, Food Service Sector), Distribution Channel (Store Based Retailer and Non-Store Based Retailer (Online)), Country (U.S, Canada, Mexico) Industry Trends and Forecast to 2028
Market Analysis and Insights: North America Eggs Market
Eggs market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 5.2% in the forecast period of 2021 to 2028 and expected to reach USD 20,352.07 million by 2028. Increasing number of food chains and restaurants is a driving factor for the market growth.
Egg is a good source of protein and a very energy-dense with nutrients. Nowadays, people are becoming more aware of the health benefits of protein-rich foods which are expected to boost their demand in the market. Egg has several applications and usage in various foodservice sectors. Thus, the high nutrient content of these eggs is attracting health-conscious consumers towards healthy protein option.
Increasing number of health conscious consumers and increasing vegan population are is expected to drive the market’s growth. Also, the growth of fast food and restaurant chains and increasing digitalization in egg supply is expected to drive the market’s growth. However, the risk of disease transfer from animal egg sources, food allergens associated with conventional eggs may restrain the market growth. The opportunity for growth in the market is increasing automation in poultry and processing industry. Some factors that challenge the market growth are high investment cost in poultry business.
This eggs market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
North America Eggs Market Scope and Market Size
Eggs market is segmented on basis of product type, source, category, packaging type, specialty, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the North America eggs market is segmented into shell egg, processed eggs. In 2021, the shell egg segment is expected to dominate the egg market due to various popularity and usages of shells eggs in the market.
- On the basis of source, the North America eggs market is segmented into plant based egg, animal based egg. In 2021, the animal based egg segment is expected to dominate the egg market due to the greater content of protein in the animal eggs.
- On the basis of category, the North America eggs market is segmented into conventional and organic. In 2021, the conventional segment is expected to dominate the egg market due to the cheaper price of conventional eggs.
- On the basis of packaging type, the North America eggs market is segmented into trays, boxes & carton, cans, bottles, pouches, others. In 2021, the trays segment is expected to dominate the egg market due as it prevents the eggs from breaking easily.
- On the basis of specialty, the North America eggs market is segmented into gluten free, low cholesterol, high protein and others. In 2021, the high protein segment is expected to dominate the egg market due to the consumer willingness to buy high protein foods such as eggs.
- On the basis of end user, the North America eggs market is segmented into retail/household, food service sector. In 2021, the retail/household segment is expected to dominate the egg market due to the growing application in the retail segment.
- On the basis of distribution channel, the North America eggs market is segmented into store based retailer and non-store based retailer (online). In 2021, the store based retailer segment is expected to dominate the plant-based egg market due to the convenience offered.
Eggs Market Country Level Analysis
Eggs market is analysed and market size information is provided by type, source, category, packaging type, specialty, end user and distribution channel as referenced above.
The countries covered in eggs market report are U.S, Canada, and Mexico.
U.S. dominates the North America eggs market due to growth of fast food and restaurant chain in the region.
The shell eggs segment is dominating in all the regions due to its growing usage and applications of shells eggs. U.S. is expected to dominate because of growing vegan population, Canada is dominating due to growing fast food restaurant chains, and Mexico is dominating due to growing trend of high protein diet in 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 new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rising Consumption of Eggs in the Laboratories for New Experiments
Eggs market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in eggs and changes in regulatory scenarios with their support for the eggs market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Eggs Market Share Analysis
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, North America presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to eggs market.
The major players covered in the report are Rose Acre Farms, Cal-Maine Foods, Inc. Charoen Pokphand Foods PCL, Versova, Rembrandt Foods, Hillandale Farms, Michael Foods, Inc. , Bachoco, Daybreak Foods, Inc., Calvary Egg., Sparboe, Mantiqueira Group, Herbruck's Poultry Ranch, Inc, Eat Just, Inc., Vegg, Bob’s Red Mill Natural Foods, , Nabati, and Atlantic Natural Foods among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many collaborations are also initiated by the companies worldwide which are also accelerating the growth of eggs market.
For instance,
- In December 2020, Rose Acre Farms collaborated with Benson Hill, a food tech company unlocking nature’s genetic diversity with its leading food innovation engine. This collaboration has helped the company to expand processing capacity and build out supply chain infrastructure
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for eggs through expanded range of size.
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