
Poultry Eggs Market By Egg Type (Shell Eggs, Processed Eggs, By Production Method (Conventional Eggs, Cage-Free Eggs, Free-Range Eggs, Organic Eggs, Omega-3 Enriched Eggs), By Distribution Channel (Retail Stores, Specialty Stores, Online Retail), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033
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Aug 2024
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This report was compiled by Research Team Research team of over 50 passionate professionals leverages advanced research methodologies and analytical expertise to deliver insightful, data-driven market intelligence that empowers businesses across diverse industries to make strategic, well-informed Correspondence Research Team Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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Report Overview
The Global Poultry Eggs Market was valued at USD 283.62 Bn in 2023. It is expected to reach USD 427.6 Bn by 2033, with a CAGR of 4.3% during the forecast period from 2024 to 2033.
The Poultry Eggs Market encompasses the production, distribution, and sale of eggs derived from various poultry, primarily chickens. This market is driven by consumer demand for eggs as a staple food, along with their use in a wide range of food products. Factors such as production cycles, feed costs, and disease outbreaks significantly impact market dynamics. The market is influenced by trends in organic and free-range egg production, consumer preferences for ethically produced eggs, and fluctuating egg prices due to supply chain disruptions and changes in hen populations.
The Poultry Eggs Market is a vital segment of the global food industry, characterized by its sensitivity to various production and market dynamics. The production cycle plays a critical role, with hens typically beginning to lay eggs at 16-21 weeks of age and reaching peak production within their first year. However, economic considerations often lead to the culling of hens around 72 weeks, as their egg production efficiency declines.
The market has been particularly volatile due to recent bird flu outbreaks, which have significantly impacted the U.S. egg-laying hen population. This reduction in supply has led to a marked increase in egg prices, with the cost of a dozen eggs peaking at a 10.2% year-over-year increase. Such fluctuations highlight the market's vulnerability to disease outbreaks and other supply chain disruptions.
In addition to these challenges, consumer preferences are increasingly shifting towards organic, free-range, and ethically produced eggs, driving changes in production practices. Producers are adapting to meet these demands, focusing on sustainable and humane practices to attract a growing segment of health-conscious and ethically-minded consumers.
The poultry eggs market is shaped by a combination of production efficiencies, disease management, and evolving consumer preferences. Companies that can navigate these challenges and align their practices with market trends are well-positioned to succeed in this dynamic and essential market.
Key Takeaways
- By Egg Type: Shell Eggs dominate with 70% of the market, widely consumed in households and food services.
- By Production Method: Conventional Eggs account for 40%, reflecting traditional farming practices.
- By Distribution Channel: Retail Stores hold 45%, providing easy access to consumers.
- Regional Dominance: Asia Pacific commands a 60% market share, driven by high egg consumption and production in the region.
- Growth Opportunity: Expanding into organic and free-range egg production can cater to health-conscious consumers and drive market growth.
Driving factors
Rising Global Demand for Affordable and High-Protein Foods
The increasing global demand for affordable and high-protein foods is a significant driver of the Poultry Eggs Market. As consumers seek cost-effective sources of protein, eggs have become an indispensable staple due to their affordability and nutritional value. Eggs provide a high-quality protein that is easily accessible to a wide range of consumers, making them a preferred choice in both developed and developing regions.
This trend is particularly pronounced in countries with lower income levels, where eggs serve as a vital protein supplements source, contributing to food security and dietary needs. The affordability and accessibility of eggs are key factors propelling the market's growth as they meet the rising global demand for protein-rich foods.
Growth in Population and Urbanization Driving Egg Consumption
The rapid growth in global population and urbanization is another crucial factor driving the expansion of the Poultry Eggs Market. As urban areas expand and populations increase, there is a corresponding rise in the demand for convenient and readily available food options. Eggs, with their versatility and ease of preparation, are increasingly consumed in urban households, catering to the fast-paced lifestyle of city dwellers.
The expanding middle class in emerging economies is driving higher consumption of eggs, both as a daily dietary staple and as an ingredient in various processed foods. The combination of population growth and urbanization is leading to sustained demand for eggs, contributing to market growth.
Increasing Awareness of the Nutritional Benefits of Eggs
The growing awareness of the nutritional benefits of eggs is significantly influencing the Poultry Eggs Market. Eggs are recognized as a rich source of essential nutrients, including vitamins, minerals, and high-quality protein, which are crucial for maintaining overall health. Public health campaigns and educational initiatives promoting the consumption of eggs as part of a balanced diet are contributing to increased consumer demand.
Eggs are increasingly being incorporated into specialized diets, such as those focusing on muscle building or weight management, further driving their popularity. This heightened awareness of the health benefits of eggs is leading to greater consumption across various demographics, supporting the market's expansion.
Restraining Factors
Concerns Over Animal Welfare and Ethical Farming Practices
One of the significant restraining factors for the Poultry Eggs Market is the growing concern over animal welfare and ethical farming practices. Consumers are increasingly aware of and sensitive to the conditions in which laying hens are raised, with many advocating for more humane treatment of animals.
This shift in consumer preferences is driving demand for cage-free, free-range, and organic eggs, which often come at a higher cost due to the more ethical farming practices involved. The pressure to adopt these practices can lead to increased production costs for farmers, potentially affecting profit margins and market prices. Additionally, negative publicity surrounding unethical farming practices can lead to consumer backlash, further restraining market growth.
Competition from Plant-Based Protein Alternatives
The rising popularity of plant-based protein alternatives poses another challenge to the Poultry Eggs Market. As more consumers adopt vegetarian or vegan diets, or simply seek to reduce their consumption of animal products, plant-based alternatives to eggs are gaining traction. These alternatives, often marketed as healthier, more sustainable, and cruelty-free, are appealing to a growing segment of consumers who prioritize ethical and environmental considerations in their food choices.
The increasing availability and variety of plant-based protein products are intensifying competition within the protein market, potentially limiting the growth of traditional egg consumption. This shift in consumer behavior could hinder the expansion of the Poultry Eggs Market, particularly in regions where plant-based diets are becoming more mainstream.
By Egg Type
Shell eggs dominate the market with a 70% share by egg type. In 2023, Shell Eggs held a dominant market position in the By Egg Type segment of the Poultry Eggs Market, capturing more than a 70% share. Shell eggs continue to be the most preferred and widely consumed form of poultry eggs globally, largely due to their natural form, freshness, and versatility in various culinary applications. The convenience of purchasing shell eggs directly from retail outlets, coupled with consumer preference for whole, unprocessed food products, has significantly contributed to their market dominance. Additionally, shell eggs are a staple in households, driving consistent demand across diverse demographics.
The strong preference for shell eggs is further reinforced by the expanding trend of home cooking and baking, especially post-pandemic, where consumers are more inclined to use fresh ingredients. This trend is expected to sustain the leading market position of shell eggs in the coming years.
By Production Method
Conventional eggs account for 40% of the market by production method. In 2023, Conventional Eggs held a dominant market position in the By Production Method segment of the Poultry Eggs Market, capturing more than a 40% share. Conventional eggs, produced through traditional caged farming methods, remain the most consumed category despite growing interest in alternative production methods. The affordability, wide availability, and well-established supply chain infrastructure of conventional eggs make them the go-to choice for cost-conscious consumers and large-scale foodservice operations.
While the market for cage-free, organic, and enriched eggs is growing due to increasing consumer awareness of animal welfare and health benefits, conventional eggs continue to dominate due to their lower price point and broad acceptance in both developed and emerging markets.
By Distribution Channel
Retail stores are the primary distribution channel, holding a 45% share. In 2023, Retail Stores held a dominant market position in the By Distribution Channel segment of the Poultry Eggs Market, capturing more than a 45% share. Retail stores, including supermarkets and hypermarkets, are the primary distribution channels for poultry eggs, offering consumers easy access to a wide variety of egg types. The convenience of purchasing eggs along with other groceries in a single trip, combined with the ability to choose from different brands and grades, drives the dominance of retail stores in this market segment.
The role of retail stores in the distribution of poultry eggs is further supported by the trust consumers place in established grocery chains for the quality and safety of fresh food products. While online retail is gaining traction, particularly in urban areas, retail stores remain the preferred choice for purchasing eggs due to their accessibility and the immediacy of obtaining fresh products.
Key Market Segments
By Egg Type
- Shell Eggs
- Processed Eggs
By Production Method
- Conventional Eggs
- Cage-Free Eggs
- Free-Range Eggs
- Organic Eggs
- Omega-3 Enriched Eggs
By Distribution Channel
- Retail Stores
- Specialty Stores
- Online Retail
Growth Opportunity
Development of Fortified and Specialty Eggs
A key opportunity for the Poultry Eggs Market in 2024 lies in the development and commercialization of fortified and specialty eggs, such as omega-3 enriched eggs. As consumers become more health-conscious and seek functional foods that offer added nutritional benefits, the demand for eggs enriched with essential nutrients like omega-3 fatty acids, vitamins, and antioxidants is expected to rise. These specialty eggs cater to consumers looking to enhance their diet without significant changes to their eating habits.
The growing awareness of the health benefits associated with omega-3 fatty acids, particularly in heart and brain health, is driving this trend. Producers who can effectively market and distribute these fortified eggs are poised to capture a larger share of the market, tapping into the premium segment of health-focused consumers.
Expansion in Organic and Free-Range Egg Production
The expansion of organic and free-range egg production represents another substantial growth opportunity in the Poultry Eggs Market. As concerns over animal welfare and the environmental impact of conventional egg farming intensify, consumers are increasingly willing to pay a premium for eggs produced under more humane and sustainable conditions. The organic and free-range segments of the market are expected to grow as more consumers prioritize ethical sourcing and environmental sustainability in their purchasing decisions.
This trend is particularly strong in developed markets, where regulatory frameworks support the labeling and marketing of organic and free-range products. Producers who invest in these more ethical farming practices and can meet the demand for sustainably produced eggs will be well-positioned to benefit from this expanding market segment.
Latest Trends
Growing Popularity of Cage-Free and Pasture-Raised Eggs
One of the most prominent trends in the Poultry Eggs Market for 2024 is the increasing consumer preference for cage-free and pasture-raised eggs. As awareness of animal welfare issues continues to grow, more consumers are seeking eggs produced under humane conditions. Cage-free and pasture-raised eggs, which allow hens greater freedom of movement and access to natural environments, are becoming more popular, particularly in developed markets.
Retailers and food service providers are responding to this demand by expanding their offerings of these premium egg products. This trend not only reflects a shift in consumer values but also presents opportunities for producers who can meet the demand for ethically sourced eggs. As this segment of the market grows, it is likely to influence pricing and production practices across the industry.
Adoption of Sustainable Farming Practices and Traceability Systems
Another key trend shaping the Poultry Eggs Market in 2024 is the increasing adoption of sustainable farming practices and traceability systems. Consumers are becoming more concerned about the environmental impact of their food choices and are demanding greater transparency regarding the origins of their food. In response, egg producers are implementing more sustainable farming methods, such as reducing water and energy usage, minimizing waste, and adopting regenerative agriculture practices.
The integration of traceability systems, which allow consumers to track the journey of their eggs from farm to table, is becoming more prevalent. These systems not only build consumer trust but also enable producers to differentiate their products in a competitive market. As sustainability and transparency become central to consumer purchasing decisions, these practices are expected to play a critical role in shaping the future of the Poultry Eggs Market.
Regional Analysis
Asia Pacific leads the market with a 60% share.
In 2023, Asia Pacific held a dominant position in the Poultry Eggs Market, capturing more than a 60% share. This leadership is driven by the region's large population, high egg consumption per capita, and significant production capabilities. Countries such as China, India, and Indonesia are among the world's largest producers and consumers of poultry eggs, owing to their massive populations and the cultural importance of eggs in daily diets.Asia Pacific's dominance is also attributed to the region's rapid urbanization and the increasing demand for affordable and protein-rich foods. As disposable incomes rise, there is a growing shift toward more nutritious and protein-packed food options, with eggs being a primary source. China, as the largest producer and consumer of eggs globally, plays a pivotal role in the region's market dominance. The country's extensive poultry farming operations and government initiatives to improve food security and agricultural efficiency further bolster its leading position.
The Asia Pacific region has seen significant investments in modern poultry farming techniques, including cage-free and organic egg production, to meet the rising demand for higher-quality and ethically produced eggs. This trend is particularly strong in urban areas where consumers are more health-conscious and willing to pay a premium for eggs produced under better welfare standards.
Key Regions and Countries
North America
- US
- Canada
- Mexico
Western Europe
- Germany
- France
- The UK
- Spain
- Italy
- Portugal
- Ireland
- Austria
- Switzerland
- Benelux
- Nordic
- Rest of Western Europe
Eastern Europe
- Russia
- Poland
- The Czech Republic
- Greece
- Rest of Eastern Europe
APAC
- China
- Japan
- South Korea
- India
- Australia & New Zealand
- Indonesia
- Malaysia
- Philippines
- Singapore
- Thailand
- Vietnam
- Rest of APAC
Latin America
- Brazil
- Colombia
- Chile
- Argentina
- Costa Rica
- Rest of Latin America
Middle East & Africa
- Algeria
- Egypt
- Israel
- Kuwait
- Nigeria
- Saudi Arabia
- South Africa
- Turkey
- United Arab Emirates
- Rest of MEA
Key Players Analysis
In 2024, the global Poultry Eggs market is expected to experience steady growth, driven by increasing global population and rising demand for protein-rich diets. Cal-Maine Foods, Inc., as one of the largest producers of eggs in the United States, is likely to maintain its dominant position through its extensive production capabilities and focus on operational efficiency. The company's strategic acquisitions and vertical integration are expected to further strengthen its market leadership.
Proteina Animal SA (PROAN) and Rose Acre Farms are anticipated to continue their strong presence in the Latin American and North American markets, respectively. These companies' emphasis on sustainability and animal welfare, combined with their large-scale production facilities, positions them well to meet the growing consumer demand for high-quality eggs. Charoen Pokphand Group (CP Group), with its significant presence in Asia, is expected to benefit from the rising demand for eggs in emerging markets, leveraging its diversified business operations and strong brand recognition.
European players such as ISE Foods and Versova Holdings are expected to focus on expanding their organic and free-range egg offerings, catering to the increasing consumer demand for ethically produced food. Meanwhile, Kazi Farms Group and Granja Mantiqueira are likely to continue their growth in the Asian and South American markets by investing in modern production technologies and expanding their distribution networks. As the market evolves, companies that prioritize innovation, sustainability, and animal welfare are expected to capture significant market share.
Market Key Players
- Cal-Maine Foods, Inc.
- Proteina Animal SA (PROAN)
- Rose Acre Farms
- Charoen Pokphand Group (CP Group)
- ISE Foods
- Versova Holdings
- Arab Company for Livestock Development (ACOLID)
- Daybreak Foods
- Kazi Farms Group
- Rembrandt Enterprises
- Michael Foods
- Granja Mantiqueira
- AvangardCo
- Avril Group
- Agroholding Avangard
Recent Development
- In March 2024, Charoen Pokphand Group (CP Group) launched a new line of organic eggs, targeting a 25% increase in market share within the premium egg segment.
- In January 2024, Cal-Maine Foods, Inc. expanded its production facilities in the southern United States, increasing egg production capacity by 30% to meet rising consumer demand.
Report Scope
Report Features Description Market Value (2023) USD 283.62 Bn Forecast Revenue (2033) USD 427.6 Bn CAGR (2024-2033) 4.3% Base Year for Estimation 2023 Historic Period 2018-2023 Forecast Period 2024-2033 Report Coverage Revenue Forecast, Market Dynamics, Competitive Landscape, Recent Developments Segments Covered By Egg Type (Shell Eggs, Processed Eggs, By Production Method (Conventional Eggs, Cage-Free Eggs, Free-Range Eggs, Organic Eggs, Omega-3 Enriched Eggs), By Distribution Channel (Retail Stores, Specialty Stores, Online Retail) Regional Analysis North America - The US, Canada, & Mexico; Western Europe - Germany, France, The UK, Spain, Italy, Portugal, Ireland, Austria, Switzerland, Benelux, Nordic, & Rest of Western Europe; Eastern Europe - Russia, Poland, The Czech Republic, Greece, & Rest of Eastern Europe; APAC - China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, & Rest of APAC; Latin America - Brazil, Colombia, Chile, Argentina, Costa Rica, & Rest of Latin America; Middle East & Africa - Algeria, Egypt, Israel, Kuwait, Nigeria, Saudi Arabia, South Africa, Turkey, United Arab Emirates, & Rest of MEA Competitive Landscape Cal-Maine Foods, Inc., Proteina Animal SA (PROAN), Rose Acre Farms, Charoen Pokphand Group (CP Group), ISE Foods, Versova Holdings, Arab Company for Livestock Development (ACOLID), Daybreak Foods, Kazi Farms Group, Rembrandt Enterprises, Michael Foods, Granja Mantiqueira, AvangardCo, Avril Group, Agroholding Avangard Customization Scope Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements. Purchase Options We have three licenses to opt for: Single User License, Multi-User License (Up to 5 Users), Corporate Use License (Unlimited User and Printable PDF) -
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- Cal-Maine Foods, Inc.
- Proteina Animal SA (PROAN)
- Rose Acre Farms
- Charoen Pokphand Group (CP Group)
- ISE Foods
- Versova Holdings
- Arab Company for Livestock Development (ACOLID)
- Daybreak Foods
- Kazi Farms Group
- Rembrandt Enterprises
- Michael Foods
- Granja Mantiqueira
- AvangardCo
- Avril Group
- Agroholding Avangard