GLobal Automatic Egg Incubator/Hatcher Market to Witness Contraction, as Uncertainty Looms Following Global Coronavirus Outbreak

Automatic Egg Incubator/Hatcher Introduction

• An automatic egg incubator/hatcher is a machine which provides a controlled environment for incubation of eggs. It is used to create an artificial environment to keep the eggs warm and for the fetus to grow inside without the presence of the mother to provide the conditions for growth and hatching.
• An automatic egg incubator/hatcher is used for artificial hatching of eggs by automatically regulating the temperature and humidity of the machine. It works on the principle of avian incubation.
• An automatic egg incubator/hatcher can be used in chicken farmhouses or processing plants. An automatic egg incubator/hatcher machine has the ability to improve the hatchability of eggs.
• The global automatic egg incubator/hatcher market is predicted to expand at a rapid pace during the forecast period owing to increased demand for eggs and processed food.

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Automatic Egg Incubator/Hatcher Dynamics

Key Drivers of the Automatic Egg Incubator/Hatcher Market

• Rising penetration of automatic egg incubators/hatchers in poultry farms and poultry breeding companies due to their benefits is anticipated to fuel their demand.
• Regulations laid down by governments to promote consumption of protein rich diets is further anticipated to boost the market in the near future.
• Rise in the population and growing consumption of processed food is anticipated to surge the demand for eggs. This in turn is expected to increase the demand for automatic egg incubators/hatchers in the upcoming years.
• Increase in demand for eggs is expected to increase the need for hens. This is projected to boost the demand for automatic egg incubators/hatchers to increase the population of hens.
• Rise in demand for chicken meat is expected to propel the demand for automatic egg incubators/hatchers in the next few years. This is primarily because chicken meat is comparatively cheaper compared to other meat.
• Factors that influence the demand for chicken are the increasing disposable income, improving consumer dietary preferences, rising population, and price economics. This is expected to create new opportunities for automatic egg incubator/hatcher manufacturers.

Key Restraints of the Automatic Egg Incubator/Hatcher Market

• The high cost of the machine is expected to restrain the automatic egg incubator/hatcher market across the globe. The cost of raw materials required for manufacturing egg incubator/hatcher equipment is also high.
• Additionally, increasing cost of power and energy required for the operation of egg incubators/hatchers is also another key factor anticipated to hamper the market during the forecast period.

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North America to Hold Major Share of the Automatic Egg Incubator/Hatcher Market

• North America dominated the global automatic egg incubator/hatcher market, accounting for significant share. The U.S. is the key market in North America due to high demand for automatic egg incubators/hatchers from poultry farms and poultry breeding companies.
• The U.S., China, and Brazil are the major chicken meat consumers, producers, and traders across the globe.
• In Asia Pacific, China and India are the largest producers of eggs. Europe is the second largest producer of eggs. The automatic egg incubator/hatcher market in Asia Pacific is projected to expand at a rapid pace.

Key Players Operating in the Global Automatic Egg Incubator/Hatcher Market

Some local, regional, and international players in the market manufacture automatic egg incubators/hatchers. Hence, the market is fairly consolidated, and intensity of competition is high among these players. Rapid technological advancements have led to a threat of substitution in the automatic egg incubator/hatcher market. Some of the players are focused on manufacturing solar-based egg incubators, for instance, Lifeway Solar Devices Pvt. Ltd., an India based company has developed a solar-based egg incubator in partnership with the Indian Institute of Technology, Madras. Key players operating in the global automatic egg incubator/hatcher market include:

• Rcom
• Corti
• G.Q.F. Manufacturing
• Bala Industries and Entertainment Pvt. Ltd.
• Petersime
• Jamesway Incubator Company Inc.
• Surehatch Incubators
• Brinsea Products Inc.
• Yesem Technologies
• MS Broedmachines

Automatic Egg Incubator/Hatcher Market: Research Scope

Automatic Egg Incubator/Hatcher Market Segmentation – by Product Type

• Small Egg Incubator/Hatcher
• Medium Egg Incubator/Hatcher
• Large Egg Incubator/Hatcher

Automatic Egg Incubator/Hatcher Market Segmentation – by Incubator Type

• Chicken Egg Incubator
• Duck Egg Incubator
• Goose Egg Incubator
• Turkey Egg Incubator

Automatic Egg Incubator/Hatcher Market Segmentation – by Application

• Poultry Farms
• Poultry Breeding Companies

Automatic Egg Incubator/Hatcher Market Segmentation – by Distribution Channel

• Direct Sales (OEM)
• Indirect Sales
  • Distributor
  • Wholesaler
• Online Retail

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