Egg Incubator Market Size Worth $168.58 Million By 2032 | CAGR: 7.6%

The global egg incubator market size is expected to reach USD 168.58 million by 2032, according to a new study by Polaris Market Research. The report “Egg Incubator Market Share, Size, Trends, Industry Analysis Report, By Incubator Type (Chicken, Goose, Duck, Turkey, and Others); By Application; By Power Source; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Rising penetration for egg incubators in both poultry farms and poultry breeding companies due to their numerous benefits, including increased hatch rates, enhanced efficiency, better egg handling, and optimal environment for embryo development, driving the global market growth. In addition, growing people's awareness about the potential benefits of eggs and growing inclination towards a balanced and healthy diet has fuelled the consumption of eggs; thereby, the demand for egg incubators also rises to increase production and meet demand.

• For instance, according to a report by Mailyard Futures, the production of eggs in China stood at around 31 million tons in 2022, with a self-sufficiency rate of 100%. The country’s monthly number of egg-laying hens has reached 1.1 Bn in 1st Quarter of 2023.

Egg incubators have emerged as an indispensable tool for the modern poultry farming industry because they provide a well-controlled and optimal environment for egg production and also unlock the potential of higher hatch success rates. Additionally, successful egg incubation also allows farmers to gradually increase the size of flocks, which leads to higher autonomy and self-sufficiency, opening new avenues for growth and revenue generation.

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Furthermore, companies are increasingly focusing on the development of innovative egg incubators that are equipped with advanced features and capabilities, including automation features, better temperature & humidity control, and remote monitoring & management. The growing focus of players on improving hatchery efficiency by providing precise control over environmental conditions further contributes to the market growth.

• For instance, in April 2023, Altamar announced the launch of a new modular system focused on tilapia hatcheries. This system uses acrylic incubators and a dedicated reception tank connected to a fully integrated system. Also, it includes a micro-screen drum filter, high-dose UV disinfection, titanium heat pump, and degassing that optimizes the hatchery operation.

Egg Incubator Market Report Highlights

• The chicken segment accounted for the largest share due to rising demand for chicken eggs due to their high protein content and low cost compared to others.
• The poultry farms segment led the market, which is attributed to the increased adoption of egg incubators by poultry farmers as they help them improve product efficiency.
• The renewable segment will grow at the highest pace, owing to increased awareness about environmental sustainability that led to the adoption of renewable-powered incubators.
• North America dominated the global market on account of rising consumption and production of eggs as a high-protein source and improvements in the poultry sector.
• The key market players include Brinsea Products Inc., FIEM srl, GQF Manufacturing Company Inc., ProCon & Grumbach automatic systems GmbH & Ko.KG, and Others.

Polaris Market Research has segmented the egg incubator market report based on incubator type, application, power source, and region:

Egg Incubator, Incubator Type Outlook (Revenue - USD Million, 2024 - 2032)

• Chicken
• Duck
• Goose
• Turkey
• Others

Egg Incubator, Application Outlook (Revenue - USD Million, 2024 - 2032)

• Poultry Farms
• Poultry Breeding Companies

Egg Incubator, Power Source Outlook (Revenue - USD Million, 2024 - 2032)

• Renewable
• Non-renewable

Egg Incubator, Regional Outlook (Revenue - USD Million, 2024 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Europe

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Australia
• Rest of Asia Pacific

• Latin America

• Argentina
• Brazil
• Mexico
• Rest of Latin America

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa
• Rest of MEA

Egg Incubator Market Report Scope