China Layer Industry Research and Investment Analysis Report（2017-2018）

In 2017, China’s layer industry experienced H7N9 epidemic situation and industrial cycle. Egg prices once dropped to 4yuan/kg, the lowest price in recent ten years, and then rebounded to more than 8yuan/kg in September. Drastic fluctuations in prices will drive transformation and upgrading of layer industry in scale and business mode. (1) The degree of scale raising of layer is increasing. Farmers suffered great losses in the first half of 2017, and some small and medium-sized farms exited from the market for weak raising technology and capital strength. In addition, the state scaled up implement of breeding-prohibiting and breeding-restricting policies, a large number of small farmers were forced to give up raising, which led to slight decline in layer inventory. The degree of scale raising of layer (with more than 10,000 layer on hand) reached 51.6% in 2016, and is expected to increase further in 2017. The proportion of farms each with 30,000-50,000 layers on hand will rise further, and the share of enterprises each with an inventory of 500,000 layers will increase significantly. (2) Large enterprises and social capital enter into layer industry on a large scale, and brand egg enterprises make expansion rapidly. In 2017, dozens of layer farms each with annual inventory of over 1 million layers were built. CP Group has expanded its overall capacity of layer raising to about 20 million birds and plans to finish 20 three-million-layers whole industrial chain projects in five years, and then its layer inventory will reach 80 million birds. Relying on golden chicken poverty alleviation mode, DQY expands capacity rapidly, and it layer inventory has passed 10 million birds in 2017. When all projects reach designed capacities in 2019, DQY’s layer inventory will reach 53 million birds, then DQY will be among the list of top 3 egg products enterprises. The market share of regional brands such as Sun Daily Farm, Hongxuan Agriculture, Gegeda, Hubei Shendan Healthy Food Co., Ltd., Liujiang Ecological Animal Husbandry, Rongda, Yang’s Agriculture and others is increasing stably. (3) Raising mode is diversified. Currently, small and medium-sized farmers are the main part of layer raising, accounting for about 70%-80% of the market share. It’s predicted that individual farmers will gradually turn to “cooperative + farmer” mode, at the same time, “integrated operation” mode and “company + farmer” mode will develop rapidly. The report will make in-depth research on the development trend of domestic layer industry and the operation models of major enterprises and conclude the investment trends of domestic enterprises and capital to assist enterprises, capital and insiders to grasp the moving tendency and investment opportunities and determine suitable development mode and resources needing integration.

Part One Analysis and forecast on global egg market: egg production grows slowly and the proportion of deep processing is high in developed countries
1.1 Changes in global egg production and distribution of regional production: egg production grows slowly
1.1.1 Position of eggs in poultry eggs
1.1.2 Global egg production grows slowly
1.1.3 Higher concentration of global egg production
1.1.4 Forecast on future changes in global egg production
1.2 Global imports and exports of eggs: eggs trade is frequent in EU business cycle
1.2.1 Changes in global export volume and export price of eggs
1.2.2 Concentration ratio of exporting countries and changes in export volume of major countries
1.2.3 Concentration ratio of major importing countries and changes in their import volume
1.2.4 Forecast on changes in imports and exports of eggs in the future
1.3 Global egg consumption: There are great differences among different regions
1.3.1 Changes in egg consumption in different regions and countries
1.3.2 Forecast on changes in global egg consumption
1.4 Egg industry of major egg producing countries and their development modes
1.4.1 Analysis of egg industry in the United State
1.4.1.1 Stable egg production
1.4.1.2 Higher proportion of deep processing of eggs
1.4.1.3 Development mode: High concentration of integrated egg enterprises
1.4.2 Egg industry and its development modes in EU
1.4.2.1 Stable egg production
1.4.2.2 Higher proportion of deep processing of eggs
1.4.2.3 Development mode: family farm + integrated enterprise
1.4.3 Egg industry and its development modes in Japan
1.4.3.1 Stable egg production
1.4.3.2 Higher proportion of deep processing of eggs
1.4.3.3 Development mode: mainly family farm
1.5 Large-scale international eggs enterprises
1.5.1 American Cal-Maine Foods
1.5.1.1 Production capacity and layout
1.5.1.2 Business mode
1.5.1.3 Circulation mode
1.5.2 Japanese ISE EGG
1.5.2.1 Production capacity and layout
1.5.2.2 Business mode
1.5.2.3 Circulation mode
1.5.3 Noble Foods, UK
1.5.3.1 Production capacity and layout
1.5.3.2 Business mode
1.5.3.3 Circulation mode
 
Part Two   Analysis and forecast on China’s layer industry
2.1 Position of eggs in poultry eggs
2.2 China’s layer breeder raising: over capacity and lower raising benefit
2.2.1 Relevant policies for layer breeder raising
2.2.2 Changes in inventory of layer breeders (GG breeder and parental breeder)
2.2.2.1 Import volume of GG layer breeders
2.2.2.2 Inventory of GG layer breeders under production
2.2.2.3 Inventory of parental layer breeder under production
2.2.3 Market size and raising benefit of layer breeder (GG breeder and parental breeder)
2.2.4 Large-scale layer breeder raising enterprises and their market shares (GG breeder and parental breeder)
2.2.5 Forecast on layer breeder raising trend in the future
2.3 Layer raising in China: limited growth space in production and significant cyclical fluctuation in raising benefit
2.3.1 Relevant policies for layer raising
2.3.2 Changes in layer inventory and egg production
2.3.3 Market size and raising benefit of layers
2.3.4 Scale structure of layer raising
2.3.5 Regional distribution of layer raising
2.3.6 Large-scale layer raising enterprises and their inventories
2.3.7 Forecast on layer raising trend in the future
2.4 Egg deep processing in China: Extremely low proportion of deep processing, low utilization rate of capacity
2.4.1 Relevant policies for egg deep processing industry
2.4.2 Characteristics of egg deep processing industry
2.4.3 Market size and cost benefit of egg deep processing industry
2.4.4 Main deep processing enterprises (OVODAN, Egg Biology and Jilin Jinyi Egg Products Co. Ltd.)
2.4.5 Forecast on the development trend of egg deep processing industry in the future
2.5 China’s egg export is lack of competitiveness, and mainly for Hong Kong and Macao 
2.5.1 Egg export policies
2.5.2 Egg export scale and characteristics
2.5.3 Major exporting enterprises and changes in their export volume
2.5.4 Forecast on future export trend of eggs
2.6 China’s egg consumption: per capita consumption is high and total consumption tends to be stable
2.6.1 Characteristics of egg consumption
2.6.2 Factory price, wholesale price and retail price of eggs
2.6.3 Egg consumption and changes in per capita egg consumption
2.6.4 Egg consumption channels
2.6.5 Forecast on changes in future egg consumption
2.7 Egg circulation in China: wholesale market is the main part
2.7.1 Egg circulation policies
2.7.2 Egg circulation modes
2.8 Circulation of eliminated chicken: they mainly are sold directly and only a small part are used for processing
2.8.1 Circulation policies for eliminated chicken
2.8.2 Prices of eliminated chicken
2.8.3 Circulation characteristics of eliminated chicken
2.9 China’s egg supply and demand balance sheet
 
Part Three  Analysis of China’s major egg enterprises
3.1 Huadu Yukou Poultry
3.1.1 Basic profile
3.1.2 Business models
3.1.3 Key competitive factors
3.1.4 Investment trend
3.1.5 Analysis of operating situation
3.2 Huayu Agricultural Science and Technology Co., Ltd.
3.3 Xiao Ming Agriculture and Animal Husbandry Co., LTD.
3.4 CP Group
3.5 DQY Ecological
3.6 Sun Daily Farm
3.7 Liujiang Animal Husbandry
3.8 Rongda Poultry
3.9 Tenge Industry Co., Ltd.
3.10 ShunBao Agriculture
3.11 Jinjin Agriculture and Animal Husbandry
3.12 Chengke Farming
3.13 Hongxuan Agriculture
3.14 OVODAN
 
Part Four Analysis of Investment in China’s egg industry
4.1 Comprehensive analysis of investment projects in China’s egg industry in 2017: including investment enterprises, investment mode, investment region and investment amount
4.2 Analysis of investment prospect of China’s egg industrial chain
 
Figure Contents
Figure 1，Global poultry egg production, 2010-2017
Figure 2，Global egg production, 2010-2017
Figure 3，Distribution of global egg production, 2017
Figure 4，Global export volume and export price of eggs
Figure 5，Global distribution of egg exporting countries
Figure 6，Global distribution of egg importing countries
Figure 7，Egg consumption of some countries
Figure 8，Egg consumption in different regions
Figure 9，Global consumption of eggs
Figure 10，Egg production in the US
Figure 11，Concentration ratio of egg enterprises in the US
Figure 12，Egg industry model in the US
Figure 13，Egg production in EU
Figure 14，Egg inventory structure in EU
Figure 15，Main egg industry models in EU
Figure 16，Egg production in Japan
Figure 17，Egg inventory structure in Japan
Figure 15，Main egg industry models in Japan
Figure 16，Production distribution of Cal-Maine Foods
Figure 17，Business model of Cal-Maine Foods
Figure 18，Circulation pattern of Cal-Maine Foods
Figure 19，Production distribution of ISE egg
Figure 20，Business model of ISE egg
Figure 21，Circulation pattern of ISE egg
Figure 22，Production distribution of Noble Foods
Figure 23，Business model of Noble Foods
Figure 24，Circulation pattern of Noble Foods
Figure 25，Imports of GG layer breeders
Figure 26，Inventory of GG layer breeders under production
Figure 27，Inventory of parental layer breeders under production
Figure 28，Raising benefit of GG layer breeders
Figure 29，Proportion of inventory of large-scale GG layer breeders enterprises
Figure 30，Proportion of inventory of large scale parental layer breeder enterprises
Figure 31，Layer inventory and changes in egg production, 2010-2017
Figure 32，Layer raising benefit
Figure 33，Layer raising scale structure
Figure 34，Large-scale layer raising enterprises and their inventory
Figure 35，Changes in factory price, wholesale price and retail price of eggs
Figure 36，Changes in egg consumption and per capita egg consumption
Figure 37，Prices of eliminated chicken
Figure 38，Sales volume of chicks of Huadu Yukou Poultry
Figure 39，Business model of Huadu Yukou Poultry
Figure 40，Operating situation of Huadu Yukou Poultry
Figure 41，Sales volume of chicks of Huayu Agricultural Science and Technology Co., Ltd.
Figure 42，Business model of Huayu Agricultural Science and Technology Co., Ltd.
Figure 43，Operating situation of Huayu Agricultural Science and Technology Co., Ltd.
Figure 44，Sales volume of chicks of Xiao Ming Agriculture and Animal Husbandry
Figure 45，Business model of Xiao Ming Agriculture and Animal Husbandry
Figure 46，Operating situation of Xiao Ming Agriculture and Animal Husbandry
Figure 47，Layer inventory and egg production of CP Group
Figure 48，Business model of CP Group
Figure 49，Layer inventory and egg production of DQY Ecological
Figure 50，Layer business model of DQY Ecological
Figure 51，Operating situation of DQY Ecological
Figure 52，Layer inventory and egg production of Sun Daily Farm
Figure 53，Layer business model of Sun Daily Farm
Figure 54，Operating situation of Sun Daily Farm
Figure 55，Layer inventory and egg production of Liujiang Animal Husbandry
Figure 56，Layer business model of Liujiang Animal Husbandry
Figure 57，Operating situation of Liujiang Animal Husbandry
Figure 58，Layer inventory and egg production of Rongda Poultry
Figure 59，Layer business model of Rongda Poultry
Figure 60，Operating situation of Rongda Poultry
Figure 61，Layer inventory and egg production of Tenge Industry Co., Ltd.
Figure 62，Layer business model of Tenge Industry Co., Ltd.
Figure 63，Operating situation of Tenge Industry Co., Ltd.
Figure 64，Layer inventory and egg production of ShunBao Agriculture
Figure 65，Layer business model of ShunBao Agriculture
Figure 66，Operating situation of ShunBao Agriculture
Figure 67，Layer inventory and egg production of Jinjin Agriculture and Animal Husbandry
Figure 68，Layer business model of Jinjin Agriculture and Animal Husbandry
Figure 69，Operating situation of Jinjin Agriculture and Animal Husbandry
Figure 70，Layer inventory and egg production of Chengke Farming
Figure 71，Layer business model of Chengke Farming
Figure 72，Operating situation of Chengke Farming
Figure 73，Layer inventory and egg production of Hongxuan Agriculture
Figure 74，Layer business model of Hongxuan Agriculture
Figure 75，Business model of OVODAN
Figure 76，Operating situation of OVODAN
 
Table Contents
Table 1，Relevant policies for breeder raising
Table 2，Introduction of GG layer breeders of China’s major enterprises in 2017
Table 3，Relevant policies for layer raising
Table 4，Layer raising mode in the future
Table 5，Relevant policies for egg deep processing
Table 6，Product category of egg deep processing
Table 7，Relevant policies for egg circulation
Table 8，Egg circulation mode
Table 9，Relevant policies for eliminated chicken circulation
Table 10，Table China egg supply and demand balance sheet
Table 11，Basic profile of Huadu Yukou Poultry
Table 12，Investment trend of Huadu Yukou Poultry
Table 13，Basic profile of Huayu Agricultural Science and Technology Co., Ltd.
Table 14，Investment trend of Huayu Agricultural Science and Technology Co., Ltd.
Table 15，Basic profile of Xiao Ming Agriculture and Animal Husbandry
Table 16，Investment trend of Xiao Ming Agriculture and Animal Husbandry
Table 17，Basic profile of layer business department of CP Group
Table 18，Investment trend of layer business department of CP Group
Table 19，Basic profile of DQY Ecological
Table 20，Investment trend of DQY Ecological
Table 21，Basic profile of Sun Daily Farm
Table 22，Investment trend of Sun Daily Farm
Table 23，Basic profile of Liujiang Animal Husbandry
Table 24，Investment trend of Liujiang Animal Husbandry
Table 25，Basic profile of Rongda Poultry
Table 26，Investment trend of Rongda Poultry
Table 27，Basic profile of Tenge Industry Co., Ltd.
Table 28，Investment trend of Tenge Industry Co., Ltd.
Table 29，Basic profile of ShunBao Agriculture
Table 30，Investment trend of ShunBao Agriculture
Table 31，Basic profile of Jinjin Agriculture and Animal Husbandry
Table 32，Investment trend of Jinjin Agriculture and Animal Husbandry
Table 33，Basic profile of Chengke Farming
Table 34，Investment trend of Chengke Farming
Table 35，Basic profile of Hongxuan Agriculture
Table 36，Investment trend of Hongxuan Agriculture
Table 37，Basic profile of OVODAN
Table 38，Investment trend of OVODAN
Table 39，Summary of investment projects in China’s layer industry in 2017