Chicken Egg Production in the US
The Chicken Egg Production industry experienced volatility over the five years to 2018. Movements in industry revenue are mostly tied to the price of eggs, which exhibited large fluctuations and ultimate decline during the period. This industry exhibited strong growth through 2015, as the price of eggs steadily rose. High prices were largely caused by an outbreak of highly pathogenic avian influenza (HPAI), which spread throughout farms at the end of 2014 and continued into 2015. However, when laying hen numbers began to rise again, the price of eggs fell sharply, and revenue fell in line. Furthermore, the price of feed, a major source of food for laying hens, has also been extremely volatile over the past five years, leading to turbulent profitability. Over the five years to 2023, the industry is expected decline in line with an expected decline in the selling price of eggs, though industry participation is still expected to rise along with rising demand for eggs overall.
This industry primarily raises chickens for egg production. The eggs produced may be sold for use as table eggs or hatching eggs.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.