Eggs Are a $10 Billion ‘Low-Margin Industry,' Says Analyst. Here's Who Profits

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Eggs are a $10 billion industry. With prices, more than doubling in 2022, the largest producer, Cal-Maine Foods, increased its revenue by 32% in 2022 from 2021.

"It's a testament to the fact that they haven't had any [bird flu] outbreaks, how good they've been at biosecurity in their facilities," said Peter Galbo, a food and beverage analyst for."This is a very experienced, very deep management team that's been in this industry for a long time."

The second largest producer is Rose Acre Farms, with about 7% market share, followed by Versova Holdings and Hillandale Farms with just more than 5% each, and Michael Foods with 3.5%, according to

 

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Of course they did. Just another of the bullshit “inflation” lies

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