1 / 21

Egg Market Evolution in the Mediterranean Basin

Egg Market Evolution in the Mediterranean Basin. Dr. Thomas Elam, President, FarmEcon LLC. Data sources:. Egg production statistics are from FAO ProdStat database Population data to 2050 are from UN population studies GDP statistics are from World Bank, World Development Indicators database

george-allison
Download Presentation

Egg Market Evolution in the Mediterranean Basin

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Egg Market Evolution in the Mediterranean Basin Dr. Thomas Elam, President, FarmEcon LLC

  2. Data sources: • Egg production statistics are from FAO ProdStat database • Population data to 2050 are from UN population studies • GDP statistics are from World Bank, World Development Indicators database • U.S. egg feed costs are from USDA feed ingredient prices, FarmEcon costing formula • All data projections except population are from FarmEcon LLC

  3. Meeting Growing Global Food Demand • Most significant long run challenge facing food producers • World’s population projected to hit about 9 billion by 2050 • Increasing incomes: demand for animal-based products increases faster than population. • Recent global egg production growth averaged about 2.2% per annum • 2014-2050 conservative 2% average per annum egg demand growth • Need about 100 million tons of egg production to meet potential 2050 demand • Meeting potential demand, while producing a safe, environmentally responsible, welfare friendly egg supply is going to be a major challenge • Up to the people in this room, and others like you around the world, to make it possible. • Opportunities to bring hen productivity up in middle income areas of the world • Doing so would go a long way toward meeting increasing food demand with minimal environmental impact.

  4. Mediterranean Egg Industry Prospects

  5. The Global Scenario

  6. Today $0.38

  7. Meeting Growing Global Food Demand • Global egg sector is a dynamic, growing, food source • Per capita consumption benefiting from income growth, especially in Asia and Africa. • The Mediterranean Basin region is sharing in this growth • But compared to the global industry not fully benefiting from income growth • Within the region a very wide range of economic and political situations, production systems, demand growth, and regulatory regimes • Yet, many common issues facing egg producers across the entire area • Hen productivity in many low productivity countries are a major opportunity to meet 2050 potential demand with minimal increase in hen numbers • Increased hen productivity would also effectively address many of the other major issues identified above.

More Related