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Global Egg Incubator Market: Overview
Egg incubator is a device which provides a controlled environment for incubation of eggs. An elop sustainable products, driving growth in demand.
Global Egg Incubator Market: Segmentation
The global egg incubator market can be segmented on the basis of egg incubator size i.e. small, medium and large egg incubator. On the basis of incubator type , the egg incubator market is segmented as chicken egg incubator, duck egg incubator, goose egg incubator, turkey egg incubator and others. On the basis of application , the egg incubator market can be segmented as poultry farms and poultry breeding companies. On the basis of power source, the global egg incubator market can be segmented into renewable and non-renewable and on the basis of geography, the egg incubator market can be segmented as North America, Latin America , Europe, Japan, Asia Pacific ex. Japan (APEJ) and Middle East & Africa (MEA).
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Global Egg Incubator: Market Overview
The world-wide poultry meat production and consumption is on a rise and is highly concentrated and diverse. Chicken is produced globally, whereas turkey is majorly produced in North America and Europe. On the contrary , duck and goose are majorly produced in Asia. This creates a diversified demand for egg incubators with varied capacities. During the long term forecast, the proportion of world鈥檚 poultry meat production in developing economies is set to increase by an average of 3.6% per year until 2025. Rising disposable incomes, divergence of diets and growing population are major growth drivers.
This will push the need for more hens, which will indirectly influence the demand for egg incubators. A number of manufacturers are shifting towards renewable sources of energy like the use of a solar powered egg incubator. Lifeway Solar Devices Pvt. Ltd. , an India-based company has developed a solar-based egg incubator in collaboration with the Indian Institutes of Technology, Madras. The equipment runs on solar energy and has an efficiency of around 90% for hatching chicken eggs. Such innovations for sustainable products will prevail in the egg incubator market.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends , macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. Ruth Bellamy
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