The Cage-Free Eggs Market, in turn, is impacted by a number of factors that, in general, shape the Industry’s progression and dynamics. A popular reason for the growth of this market is that consumer consciousness and desire to see ethical treatment of animals and their welfare has improved. The conventional cage treatment of laying hens has been the subject of increasing concerns, which has prompted most producers and suppliers to turn to cage-free eggs. As a result, customers choose eggs that come from farms where more room is available for hens and they can perform their natural behaviors. Thereby, demand for cage-free eggs grows at a fast pace.
Market trends and people's food choices also have an influential impact on expanding the Cage-Free Eggs market. Today, consumers are becoming more conscious about their health and food sourcing, and, as a result, they desire products that align with their conviction. Cage-free ones are regarded as a more ethical and eco-friendly, hence, boosting market demand of such kind of product. As the craving for transparency has been another factor that has played a fundamental role in the spread of cage-free eggs, consumers move towards making well-informed options about the origin of their food.
The Cage-Free eggs market is predicted to record a CAGR of 5.96% by 2030 and present an industry-size of USD 7.2 billion. This forecast indicates that a balanced growth will pave the way, bringing to focus the market's importance and expansion in the given period.
Market competition where Cage-Free Eggs Market dynamic is be a key element. Compelled by growing customer requests for cage-free eggs, manufacturers and sellers are coming up with measures to honour the demand. Companies are debuting their pledges to go cage-free and are also adapting their labeling for traceability about these products. However, there is an existent competition from various certifications, e.g. organic and free-range, broadening the scene as well as providing the customers with more cage-free egg products they can choose from.
Regulatory factors as well as industry standards assist in the market for cage-free eggs. Similarly, governments together with organizations provide regulations and standards on the welfare of animals and practiced cage-free farming. After all, meeting these standards is not only about the legal requirements but also about the whole process for building trust among consumers. The compliance or even exceeding of the required regulations is a crucial aspect of producers concerning themselves with for the egg market.
Report Attribute/Metric | Details |
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Market Size Value In 2023 | USD 5.2 Billion |
Growth Rate | 5.96% (2023-2030) |
Cage Free Eggs Market Size was valued at USD 5 billion in 2022. The cage free eggs market industry is projected to grow from USD 5.2 Billion in 2023 to USD 7.2 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.96% during the forecast period (2023 - 2030). Increasing demand for animal goods and the government's increased pressure on manufacturers to transition to cage-free egg production are the key market drivers enhancing the market growth.Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Cage Free Eggs Market Trends
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.
Cage Free Eggs Market Segment Insights
Cage Free Eggs Colour Insights
The cage free eggs market segmentation, based on Colour, includes white and brown. The white egg is dominating the cage-free egg market, owing to less interest in nutrition and lower costs. Furthermore, due to the short development time, white eggs are produced in massive quantities. In any event, there is a significant demand in the poultry industry for earthy colored shading eggs, which are high in omega-3 unsaturated fats, which assist maintain up body cholesterol levels.
Figure 2: Cage Free Eggs Market, by colour, 2022 & 2030 (USD billion)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Cage Free Eggs Size Insights
The cage free eggs market segmentation, based on size, includes small, medium, large and others. Yet, customers are primarily interested in larger egg sizes, and as a result, larger size eggs are dominating the cage free egg industry, due to their rising regular consumption and use in bakery goods. Furthermore, the component of the massive egg is expected to be appealing to customers within the projected time range.
Cage Free Eggs Distribution Channel Insights
The cage free eggs market data has been bifurcated by distribution channel into two segments: store-based and non-store-based. Nonetheless, the store-based distribution channel is dominating the market, and purchasers are primarily buying from the store.
Cage Free Eggs Regional Insights
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, MRFR 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 cage free eggs market held the largest market share, and the US cage free eggs market 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 market held the largest market share, and the Indian cage free eggs market was the fastest growing market in the Asia-Pacific region.
Cage Free Eggs Key Market Players& Competitive Insights
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.
Key Companies in the cage free eggs market includes
Cage Free Eggs Industry Developments
In January 2019, Michigan's legislative leader rejected SB 600, a plan for cage-free eggs that would have forced a delay in establishing cage-free hen principles from 2022 to 2030.
In September 2021, NestFresh recently expanded its pasture-raised egg line, as well as a selection of hard-boiled eggs. Organic grass-raised eggs, GMO-free grass-raised eggs, and soy-free grass-raised eggs are sold in 12-packs of plastic or paste. Hard-boiled organic eggs come in a six-unit bag, and cage-free hard-boiled eggs come in packs of two, 12/2, six, and eight. The most recent additions to the NestFresh product line have been designed to meet the needs of consumers looking for a healthier way to enjoy their favourite NestFresh eggs more comfortably, as snack options or meal solutions.
Cage Free Eggs Market Segmentation
Cage Free Eggs colour Outlook
Cage Free Eggs size Outlook
Cage Free Eggs distribution Channel Outlook
Cage Free Eggs Regional Outlook
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