The Poultry Eggs Market is being driven by Rise in global egg consumption and production
The Poultry Eggs Market is expected to grow at a CAGR of 6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 94.5 billion. The global poultry eggs market is experiencing significant growth due to the introduction of new products by both regional and international players. Successful new product launches serve multiple purposes for companies, including increasing revenue, expanding consumer bases, and boosting market shares. For instance, Cal-Maine Foods, Inc. launched new products in September 2023, contributing to the market's growth and providing the company with a competitive edge. New product launches are a strategic move to meet evolving consumer demands and stay ahead of competitors in the dynamic poultry eggs market.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
211 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
Market growth 2025-2029 |
USD 94.5 billion |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
5.2 |
Key countries |
China, US, India, Indonesia, Brazil, Canada, Japan, Australia, Germany, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Poultry Eggs Market encompasses various aspects of egg production, from embryonic development to hatching rates and chick mortality. Feed conversion ratio, laying cycle, and peak production are key performance indicators. Egg quality is assessed through egg shell strength, egg yolk and white quality, preservation, storage, and shelf life. Food safety protocols, egg traceability, and labeling requirements ensure consumer confidence. Marketing strategies, branding, and consumer education promote health benefits. Alternative protein sources, such as plant-based and egg substitutes, challenge the industry. Associations and technology advancements drive innovation.
The global poultry eggs market encompasses businesses engaged in the production and packaging of eggs from broiler and layer breeders. Market size is determined by the consolidated revenue of these entities. Technavio's analysis excludes equipment manufacturers and producers of packaged beverages. Market expansion will be influenced by factors such as the health benefits linked to consumption of cage-free systems, free-range systems, pastured poultry, and hen housing providing minimally processed eggs rich in nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
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