CATEGORY

Eggs

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Category Alerts


CATEGORY ALERTS

Bird flu takes a hit on the egg price

February 16, 2023
alert level: High
CATEGORY ALERTS

The Sri Lankan government temporarily approves the import of eggs from India.

February 16, 2023
alert level: Medium
CATEGORY ALERTS

Malaysian egg shortage fuel Indian exports

January 23, 2023
alert level: Medium

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Eggs Market Monitoring Dashboard


Price Trend
3.47
Mar-24
USD/Dozen
History Forecast

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Eggs Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Eggs category is 2.50%

Payment Terms

(in days)

The industry average payment terms in Eggs category for the current quarter is 100.0 days

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Engagement Model

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Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Eggs market report transcript


    Eggs Global Market Outlook:

    • The global production and consumption of egg is expected to grow at a CAGR of 4 percent during 2022–2026. Rise in demand is driven by increased protein consumption globally and growing demand for cage-free eggs. Further, recovering demand from the HoReCa and retail sector post-pandemic will strengthen the market

    Porter's Analysis on Eggs

    The market is driven by fundamental factors; thus the supplier and buyer powers are medium. Developed countries have consolidated supplier base whereas the supplier base is becoming consolidated in the developing countries

    Supplier Power

    • The bargaining power of egg products suppliers is medium

    • Smaller farms will be unable to compete with larger businesses

    • Large supermarket chains require formalized distribution channels with the ability to supply regionally and nationally

    Barriers to New Entrants

    • The shell egg production industry remains highly fragmented

    • Except top five suppliers, every supplier is trying to augment its market share leading to potential consolidation in the near future

    Intensity of Rivalry

    • The shell egg production industry remains highly fragmented

    • Except top five suppliers, every supplier is trying to augment its market share leading to potential consolidation in the near future

    Threat of Substitutes

    • There is a low threat of substitution for ingredients

    • This is because eggs have unique qualities and applications that can not be carried out by substitutes

    • Furthermore, the price difference between close substitutes is too wide, hence it is unlikely to replace in those processes anyway

    • Plant based eggs may pose a little threat, but no major threats are being seen for the next two years

    Buyer Power

    • The bargaining power of egg products buyers is medium

    • Food business operators ensure that suppliers are offering safety, security, and traceability

    • They also ensure that all the guidelines laid out by USDA in the egg product inspection process are being followed

    Cost Structure Analysis : Eggs

    • The feed, housing and equipment costs constitute the major cost, followed by operating cost, consisting of maintenance, livestock expense, insurances, and taxes

    • Components, like labor, machinery, packaging, and transportation, vary with specific products (like dried/frozen/yolk/albumen products)

    • Adverse weather conditions in the pasture lands influence the feed cost causing prices to trend high

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