Top 20 Countries with Highest Egg Consumption

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In this article, we will be covering the top 20 countries with highest egg consumption per capita. If you want to skip our detailed analysis of the egg industry and consumption trends, go directly to the Top 5 Countries with Highest Egg Consumption.

Eggs are a popular source of protein and essential nutrients, contributing to their popularity in the international market. The size of the global egg industry was valued at $213.13 billion in 2020. Moving forward, the industry is expected to expand from $248.49 billion in 2022 to $374.89 billion in 2027. This growth trajectory assumes a compound annual growth rate (CAGR) of 8.57% during the forecasted period. The global surge in the price of commodities following the Russia-Ukraine conflict in February 2022 had a noticeable impact on the egg industry, leading to increased prices. However, advancements in egg storage technology and the development of new poultry breeds are expected to boost production and foster industry growth in the future, leading to a rise in egg consumption worldwide.

In 2020, the Asia Pacific region held approximately 64% share of the global egg industry. This dominance can be attributed to the high population in the region and the widespread consumption of eggs as a dietary staple. Following closely, North America emerged as the second largest region in the industry, with a 14% share of the market. During the period between 2022 to 2032, North American countries are expected to drive the demand in the industry. Among the North American countries, Mexico eats the most eggs per person, with an egg consumption per capita of 397 in 2020. Globally, the country with the highest average egg consumption per person per day is in Asia, with an average of more than 420 eggs per year.

Some of the leading companies contributing to the rising demand for eggs include The Kraft Heinz Company (NASDAQ:KHC), McDonald’s Corporation (NYSE:MCD), and Tyson Foods, Inc. (NYSE:TSN). One of the most prominent egg producers in the US is the Jackson, Mississippi-based Cal-Maine Foods, Inc. (NASDAQ:CALM). The company specializes in the production, grading, packaging, and distribution of fresh shell eggs in the US. It is considered the world’s biggest egg producer, with a flock of 44.3 million layers under its holding. CALM shares were trading as high as $65 at the end of 2022, however, Cal-Maine Foods stock significantly underperformed the market this year as the stock is currently hovering around $49. Meanwhile, St. Louis, Missouri-based Post Holdings, Inc. (NYSE:POST) is also not far behind in the industry as it owns and operates Michael Foods, a subsidiary that is a leading producer and distributor of value-added egg products. Michael Foods specializes in the production of eggs and egg products for both food service and retail markets.