Report Overview

Growing awareness about the health benefits of eggs and their affordability are expected to boost the growth of Russia Eggs Market during the forecast period between 2024 and 2030.

Russia Eggs Market - Industry Trends & Forecast Report, 2030

Russia Eggs Market size was estimated to be worth USD 3.38 billion in 2023. During the forecast period between 2024 and 2030, Russia Eggs Market size is projected to grow at a CAGR of 7.30%, reaching a value of USD 5.37 billion by 2030. Major growth factors for Russia Eggs Market include increasing health consciousness among consumers along with the affordability of eggs. In addition, the high production rate of eggs in the country and the growing development of animal-friendly egg-producing techniques further contribute to the growth of Russia eggs market.

Eggs – Overview

Eggs are a nutritious and versatile food. They are a great source of vital vitamins, minerals, and high-quality protein. Egg protein contributes to the upkeep and repair of bodily structures, particularly muscle. The vitamins and minerals included in eggs are essential for the proper operation of the neurological system and the brain. While egg whites are particularly well-known for having high protein content, the yolk has a higher protein content per gram. They are a common breakfast, lunch, dinner, or snack food, and those who are seeking to gain muscle should consume several of them every day since they contain high-quality protein.

Russia Eggs Market

Growth Drivers

Growing Health Consciousness among Consumers

The Russian market is witnessing a substantial surge in the demand for eggs, especially in the post-pandemic era due to growing health consciousness among consumers. Eggs are nutritionally rich and offers various health benefits, such as lowering the risk of cardiovascular diseases and stroke as it increases “good” cholesterol levels. They are also a good source of protein, essential omega-3 fatty acids and various fat-soluble vitamins, including vitamin A, D, and E. The consumption of eggs are also considered good for eye health as well as better weight management and immune system, which is directly fueling the eggs consumption in Russia, driving its overall market growth.

Challenges

Growing Popularity of Veganism

Veganism is gaining significant popularity in Russia, particularly among younger generations. The increasing consciousness towards animal welfare and growing prevalence of various animal-borne diseases is triggering the market shift towards plant-based diet only. The growing availability of vegan options and launches of vegan products by food companies are anticipated to boost the adoption of vegan lifestyle in Russia as well. As a result, the demand for eggs is projected to witness significant decline during the forecast period, affecting the overall market growth.

Impact of Escalating Geopolitical Tensions on Russia Eggs Market

Intensifying geopolitical tensions could affect the growth of Russia Eggs Market. Russia is one of the leading importers of eggs. However, Russia's invasion of Ukraine resulted in various sanctions against the country, which disrupted the supply of eggs, resulting in lower availability and increased prices. In addition, the demand for eggs in the food service sector also plummeted as tourism in the country suffered. Russia witnessed a 96.1% drop in tourism in 2022 compared to pre-pandemic and invasion of Ukraine levels, as reported by Al Arabiya. The fluctuations in prices of eggs and subsequent inflation post the geopolitical tensions affected the consumption patterns of Russians, marking a shift towards other cheaper protein sources, limiting the growth of the eggs market.

Russia Eggs Market

Segmental Coverage

Russia Eggs Market – By Product Type

By product type, Russia Eggs Market is segmented into cage-free, free-range, shell egg, and processed eggs. The shell egg segment holds the largest share of Russia Eggs Market. Shell eggs are affordable and are considered a significant source of vitamins, minerals, proteins, and fats. However, free-range eggs are projected to witness high CAGR during the forecast period as they are produced from hens that have access to the outdoor environment. Consumers are increasingly demanding eggs sourced with ethical practices, which is influencing the demand for free-range eggs.

Russia Eggs Market – By Packaging Type

Based on packaging type, Russia Eggs Market is segmented into trays, boxes & cartons, cans, bottles, pouches, and others. The boxes & carton packaging holds the largest share of Russia Eggs Market. Cartons are considered the most suitable packaging type for eggs as they provide high protection to eggs as well as prevent strong odors and flavors from seeping through the tiny pores of eggs while refrigerated. Furthermore, cartons are primarily made of polystyrene, which is easily available and can be shaped in different sizes and designs.

Russia Eggs Market – By End User

On the basis of end user, Russia Eggs Market is segmented into retail/household and food service sectors. The retail/household segment accounts for the highest market share owing to high per capita egg consumption in Russia. The country entered the top ten countries in the world in 2022 with the highest egg consumption with 308 eggs per capita per year. The easy and inexpensive availability of eggs and use of eggs in various traditional Russian cuisines, such as Olivier salad propels the household demand for eggs in the country. They are also used as a key ingredient, particularly in bakery products owing to their versatility and are used for various purposes, such as binding, coating, and glazing, which fuels its market growth.

Competitive Landscape

Russia Eggs Market is intensely competitive, as a number of companies are competing to gain a significant market share. Key players in the market include Ruzovo, Agrokompleks Ptitsevodstvo, Avian Technologies, Agro-Belogorie, Varakasino Poultry Plant, Poultry Factory Severnaya, Kuzbass Poultry Factory, and Sh Pjsc Belorechensk. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Product Type

• Cage-Free

• Free-Range

• Shell Egg

• Processed Eggs

By Category

• Conventional

• Organic

By Packaging Type

• Trays

• Boxes & Carton

• Cans

• Bottles

• Pouches

• Others

By End User

• Retail/Household

• Food Service Sector

By Distribution Channel

• Online

• Offline