Global Poultry Eggs Market 2019-2023
About this market
The expansion of retail landscape will foster the adoption of poultry eggs market growth in the forthcoming years. Egg and egg products including shell eggs, specialty eggs, and processed egg products are sold by large organized retailers including Walmart and Tesco. Organized retailers are offering convenience and value for money as critical selection parameters for consumers, thus, creating significant market demand for poultry eggs during the forecast period. Technavio’s analysts have predicted that the poultry eggs market will register a CAGR of over 4% by 2023.
Rise in global egg consumption
One of the growth drivers of the global poultry eggs market is the rise in global egg consumption. Health-consciousness about protein intake has led to an increase in consumption of eggs and egg products.
Increasing popularity of vegan diets
One of the challenges in the growth of the global poultry eggs market is the increasing popularity of vegan diets. Consumers are opting for vegan diets primarily due to health benefits such as the reduced risk of obesity and improved heart health.
For the detailed list of factors that will drive and challenge the growth of the poultry eggs market during 019-2023, view our report.
The market appears to be highly fragmented with the presence of several market players. Vendors in the global poultry eggs market are focusing on launching new products as it helps in increasing their market shares and expanding their consumer base. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Technavio Announces the Publication of its Research Report – Global Poultry Eggs Market 2019-2023
Technavio recognizes the following companies as the key players in the global poultry eggs market: Agroholding Avangard, Cal-Maine Foods, ISE FOODS, Proteina Animal, S.A. DE C.V. (PROAN), and Rose Acre Farms.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the increase in strategic alliances.”
According to the report, one of the major drivers for this market is the awareness campaigns about health benefits of eggs.
Further, the report states that one of the major factors hindering the growth of this market is the increasing popularity of vegan diets.
Proteina Animal, S.A. DE C.V. (PROAN)
Rose Acre Farms
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