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Egg Handling and Packaging Machines Market Report Overview:
The global egg handling and packaging machines market size was USD 672.6 million in 2022 & the market is expected to reach USD 885.27 million in 2031, exhibiting a CAGR of 3.1% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with the egg handling and packaging machines market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
The market is booming in recent times, as it is proving to be a convenient and cost-effective way for producers of all sizes to quickly and efficiently handle and package eggs. These machines are designed to safely handle and package eggs, with a range of automation features that can quickly palletize, weigh and label eggs for maximum efficiency. As such, it can be used in many ways, such as to repack, sort, and grade eggs, or even package eggs in custom-printed cartons. Egg handling and packaging machines are becoming increasingly popular and are being used to meet the demands of a growing market, providing producers with an efficient solution to their egg-related packaging needs.
The market is growing rapidly due to the increasing demand from large-scale poultry producers and farmers globally. These machines provide an efficient and automated packaging process and are designed to handle and package eggs safely. Automation of the process helps in reducing labor costs and associated risks, improving accuracy and hygiene standards, and also reducing waste. This is driving the overall egg handling and packaging machines market growth. Furthermore, these machines are equipped with advanced features such as weight sorters, inspection systems, high gun applicator systems, and robotic arms. These features offer automated operations and minimize errors while enhancing the speed of the packaging process. Therefore, the increasing demand for the egg packaging machine will continue to drive the market in the coming years.
COVID-19 Impact: Order Volume decreased during the pandemic, hampered market growth
The world has been going through a tough time due to the pandemic of COVID-19, and its impacts have been felt across different industries, including the egg handling and packaging machine market. Manufacturers of machines have had to face decreased order volumes. On the other hand, the increased number of online customers and the rising demand for micro-processing have opened up new opportunities for companies in this market. Despite the current situation, the market outlook for egg handling and packaging machines looks encouraging. The technological advances in automation and improvements in product quality are expected to drive growth in this sector. Furthermore, the introduction of innovative packaging solutions, such as modified atmosphere packaging, is expected to boost the demand for the machine. As the demand for food items increases in the current market, egg handling and packaging machines will remain an important factor in the industry.
Latest Trends
"Increased Demand Driven by Automation, Tracking and AI Technologies"
The egg handling and packaging machines market growth has been experiencing increased demand over the past few years, with various new products and technologies being launched. Advanced automation technologies, advanced tracking and monitoring, and AI-enabled packaging machines are some of the new products being launched. Leading players are now focusing on providing better efficiency, better performance, and higher production speeds, allowing customers to reduce costs and optimize operations. Additionally, some new players have also entered the market, providing innovative solutions and reducing human involvement in the process. All of these developments are contributing to the growth of the market.
Egg Handling and Packaging Machines Market Segmentation:
- By Type Analysis
According to type, the market can be segmented into Egg Packaging Machines, Egg Grading Machines, Egg Washing Machines, Egg Detector
- By Application Analysis
Based on application, the market can be divided into Chicken Farm, Egg Processing Factory
Driving Factors:
"Increased Focus on Safety, Hygiene, and Cleanliness Propelling Growth"
Growing concerns over the safety, hygiene, and cleanliness of the eggs are factors driving the egg handling and packaging machines market growth. With rapid urbanization, consumers are now more conscious about food safety and are willing to pay a premium for food that meets their expectations. Consequently, companies are investing in better packaging and handling machines for eggs and egg products. Also, technological advancements have led to the development of efficient and user-friendly packaging machines which have given rise to the market demand.
"Growing Demand for Convenient and Ready-to-Eat Products Driven by Eco-Friendly Packaging "
Growing demand for convenience and ready-to-eat products is also expected to spur the growth of this market. Companies are introducing egg products such as processed meals and snacks, ready-to-cook options, etc., which are driving the industry's growth. Furthermore, with rising environmental concerns, companies are now more reliant on eco-friendly packaging materials and recyclable materials to package the eggs, hence, propelling the demand for machines.
Restraining Factors:
"Rising Labor Costs and Animal Welfare Regulations Prove Hindrances to Market Growth"
The egg handling and packaging machines market has seen enormous growth in recent years, with high levels of demand for products, services, and technologies to manage egg production. However, one-factor restraining growth and potential demand for these products is the rising cost of labor, which is pushing up production costs and making it difficult for companies to invest in more sophisticated systems. Additionally, laws and regulations pertaining to animal welfare further restrict the market. Despite these challenges, the market is expected to grow at a healthy rate in the years to come, thanks to the improved automation of the sector and the increasing attention paid to animal welfare. As such, the market is expected to remain strong in the foreseeable future.
Egg Handling and Packaging Machines Market Regional Insights:
"North America Leading the Market, Owing to the Technological Advancements"
The global egg handling and packaging machines market is expected to witness robust growth over the forecast period due to the growing demand from the food and beverages industry. North America is a leading region in the market with a majority share, driven by the rising demand for natural and processed food products. Additionally, the entire industry is benefitting from the recent technological advancements, thereby aiding the market's growth. Moreover, the increasing population coupled with an array of technological developments are further driving the market in the region. As manufacturers are continuing to invest in the research and development of technologically advanced egg packaging systems, the global market is expected to expand significantly.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
LIST OF TOP EGG HANDLING AND PACKAGING MACHINES COMPANIES
- MOBA
- Sanovo Group
- NABEL
- Prinzen
- Kyowa Machinery
- Seyang
- Plasson Do Brasil
- ZENYER
- Mintai
- Sime-Tek
- VÖLKER GmbH
- EggTec
- Yamasa
Report Coverage:
This report examines an understanding of the market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.
Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.
This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 672.6 Million in 2022 |
Market Size Value By |
US$ 885.27 Million by 2031 |
Growth Rate |
CAGR of 3.1% from 2022 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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What are the driving factors of the egg handling and packaging machines market?
The driving factors of the egg handling and packaging machines market are increased consumption, technological advancements, better production efficiency, and reduction of labor costs.
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Which are the top companies operating in the egg handling and packaging machines market?
Top companies operating in the egg handling and packaging machines market include Stockmarq, GP Pak, GEA Group, Oshikiri Enterprises, and UCP Equipment.
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Which is the leading region in the egg handling and packaging machines market?
North America is the leading region in the egg handling and packaging machines market.