The global egg market size is expected to grow from $226.37 billion in 2021 to $250.7 billion in 2022 at a compound annual growth rate (CAGR) of 10.7%. The global eggs market size is expected to grow to $374.05 billion in 2026 at a CAGR of 10.5%.
What is the Global Egg Market?
The egg market consists of the sale of raw eggs by entities (organizations, sole traders, and partnerships) that produce raw eggs, including poultry farms and other entities which breed, and/or hatch, and/or raise hens and other birds. The market size in this market is valued at farm gate prices. The egg market includes eggs from hens, ducks, geese, quails, and other birds. This market excludes sales of bird meat and processed eggs. This market also excludes the proceeds from the captive (internal) consumption of the eggs for further processing.
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What drives the Global Egg Market?
Technological advances are expected to drive the market during the forecast period. Egg market practices are expected to increase the use of new poultry and egg storage technologies. Companies involved in the egg market are also expected to integrate big data analytics, IoT, robotics, and other technologies into their practices. For instance, farmers have started using robots for egg packaging to increase productivity. These technological developments are expected to drive the egg market forward.
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https://www.thebusinessresearchcompany.com/report/egg-global-market-reportGlobal Egg Market Segments
The global egg market is segmented:
By Type: Hen, Other Birds
By Application: Food and Beverage, Bakery, Snacks, Meat, Others
By Product: Shell Eggs, Specialty Eggs
By Distribution Channel: B2B, B2C
By Geography: The regions covered in the egg global market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Egg Global Market Report 2022provides market size and growth forecasts for the egg global market, egg global market share, egg market segments and geographies, egg market competitive landscape including leading competitors’ revenues, profiles and market shares. The egg global market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Egg Industry Playersinclude Cal-Maine Foods Inc, Post Holdings Inc., Marubeni, Rose Acre Farms Inc., Rembrandt Enterprises Inc., AvangardCo Investments Public Limited, Ovostar Union NV, PPB Group Bhd, and ISE Foods Inc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.