Cage Free Eggs Market

Government's increased pressure on manufacturers to switch to cage-free egg production is also boosting market growth.

Over the past ten years, there has been a marked rise in concern for animal welfare. Many businesses are launching initiatives for farm animal welfare because of animal organizations establishing themselves and mounting campaigns against poultry and egg producers. After egg producers teamed up with animal welfare groups, the market for cage-free eggs in Europe saw a significant increase.

It has been observed that hens' lifestyles have an impact on their health and change the nutritional value of their eggs. According to studies, cage-free eggs are tastier than traditional cage-reared eggs because they have larger, deep orange yolks that are known to have higher fatty acid levels without affecting cholesterol levels. Thus, driving the market CAGR.

Comparatively to developing and underdeveloped markets, Europe has a relatively high level of animal welfare sensitivity. Despite the higher cost of producing and maintaining cage-free eggs, large producers are compelled to meet retailer demand. Because of this demand, producers have chosen cage-free egg production over traditional caged production. The cage free eggs market revenue is expanding as a result of increased government pressure on producers to switch to the production of cage-free eggs.

The Global Cage Free Eggs Market Industry experiences a notable surge in consumer demand for ethically produced food products. As awareness regarding animal welfare increases, consumers are increasingly opting for cage-free eggs, which are perceived as a more humane alternative to conventional eggs. This shift is reflected in purchasing behaviors, with many retailers reporting a significant rise in sales of cage-free eggs. In 2024, the market is projected to reach 5.67 USD Billion, indicating a robust growth trajectory. The growing preference for ethical sourcing among consumers is likely to drive further expansion in the Global Cage Free Eggs Market Industry.

By Region, the study provides the market insights into North America, Europe, Asia-Pacific, and Rest of the World. During the period of 2022 to 2030, the market for cage-free eggs is anticipated to be dominated by the European market, where people are becoming more aware of the advantages of natural varieties, will come in a close second. Consumer preferences in Europe are shifting in favour of egg varieties that produce more yolks, which is leading to faster growth. The market is anticipated to grow further based on the health advantages as European consumers continue to demand thick, vivid orange yolks.

Increased government initiatives in North America and Europe to boost the poultry industry can lead to robust market demand.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3:  CAGE FREE EGGS MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

North America cage free eggs market accounts for the second-largest market share. Because of rising customer awareness about ethically sourced food, as well as animal welfare concerns, manufacturers are shifting away from caged chicken production and toward cage-free egg farming methods. Further, the Canada market of cage free eggs held the largest market share, and the US cage free eggs industry was the fastest growing market in the region.

The Asia-Pacific Cage Free Eggs Market is expected to grow at the fastest CAGR from 2022 to 2030. As a result of rising demand, innovative products, and rising disposable income. Moreover, China’s cage free eggs industry held the largest market share, and the Indian market for cage free eggs was the fastest growing market in the Asia-Pacific region.

Leading market players are spending a lot of money on R&D to increase their product lines, which will help the cage free eggs market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the cage free eggs business must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

One of the primary business strategies adopted by manufacturers in the cage free eggs sector to benefit clients and expand the market sector is to manufacture locally to reduce operating costs. In recent years, cage free eggs business has provided medicine with some of the most significant benefits. The cage free eggs inustry major player such as Cal-Maine Foods Inc. (U.S.), Kuramochi Sangyo Co. Ltd. (Japan), Midwest Poultry Services L.P.(U.S.), Weaver Brothers Inc. (U.S.) and others are working to expand the market demand by investing in research and development activities.

Unilever plc is a multinational British consumer goods corporation headquartered in London, England. Food, condiments, bottled water, baby food, soft drink, ice cream, instant coffee, cleaning agents, energy drink, toothpaste, pet food, pharmaceutical and consumer healthcare products, tea, breakfast cereals, beauty products, and personal care are all products manufactured by Unilever. Unilever is the world's largest soap manufacturer, with products sold in over 190 countries. Unilever is divided into three segments: Meals and Drinks, Home Care, and Beauty & Personal Care. It has R&D centers in China, India, the Netherlands, the United Kingdom, and the United States.

In November 2021, Unilever has stated that by 2030, it intends to source 100% cage-free eggs from around the world. In addition to the company's current commitment to transition all of its European and North American supply chains to 100% cage-free eggs, an updated timeline for its commitment was revealed.

Charoen Pokphand Foods Public Company Limited, part of the Charoen Pokphand Group, is a Thai agro-industrial and food conglomerate. It is the world's largest producer of feed and shrimp, as well as a top three producer of chicken and pork. Roughly 64% of its revenue comes from international operations, 30% from its home market of Thailand, and 6% from export operations. It recently paid $1 billion for Bellisio Foods, one of the top frozen food suppliers in the United States, as well as Westbridge Foods, a major British chicken manufacturer with a revenue of more than £340 million.

In July 2020, Charon Pokphand Foods (CP Foods), a Thai agribusiness conglomerate, has announced plans to double cage egg production to 10 million in order to promote ethical food choices in Thailand and its export markets. The company began cage-free production at its laying hen farm in Saraburi province, operating in a controlled environment to ensure high biosecurity and avoid contamination.