Growing cage-free egg market driven by ethical, sustainable, and healthy food preferences
From GlobeNewswire: 2025-01-08 10:30:00
The global Cage-Free Egg Market is set to reach US$ 5.79 billion in 2024, with a projected 4.5% CAGR from 2024 to 2034. This growth is driven by gastronomic trends, ethical consumption, and health concerns, as cage-free eggs offer enhanced nutrition and animal welfare benefits, appealing to environmentally conscious consumers.
Ethical considerations are influencing consumer choices towards cage-free eggs due to their versatility in various applications. Large corporations and restaurants are increasingly adopting cage-free egg procurement, expanding market availability and catering to a wider consumer base. This shift is reshaping the egg industry and consumer preferences globally.
The global cage-free egg market is expected to reach US$ 8.97 billion by 2034, with the East Asia market reaching US$ 2.26 billion. In the United States, the market is estimated to be valued at US$ 1.39 billion by 2034, with China projected to hold a 70% market share. Sales of large cage-free eggs are expected to hit US$ 2.35 billion in 2024.
Precision feeding technology is enhancing the nutritional profile of cage-free eggs, attracting health-conscious consumers. Genetic advancements in hen breeding are improving production and animal welfare, while sustainable packaging options are appealing to eco-conscious consumers. These innovations are driving growth and consumer acceptance in the cage-free egg industry.
Leading players in the Cage-Free Egg Industry include Avril Group, Cal-Maine Foods, Inc., Eggland’s Best, LLC, and many more. Companies are focusing on introducing new product lines and acquisitions to meet evolving consumer demands and market trends. For example, Cal-Maine Foods, Inc. acquired ISE America Inc. in 2024 to expand its cage-free egg production capabilities.
In conclusion, the Cage-Free Egg Market is witnessing significant growth driven by consumer preferences for ethical, sustainable, and healthy food choices. With innovative technologies and market strategies, the industry is poised for further expansion and consumer acceptance in the coming years.
Read more at GlobeNewswire: Cage-Free Egg Market Projected to Grow at a 4.5% CAGR,