Bounty Fresh, the country’s top egg producer, is optimistic about the egg industry in the Philippines amid the rising number of Filipino consumers.
“I have been always bullish in egg industry because of the growing number of our population and the Philippine consumption of eggs is among the lowest in Asia. That is why we want to create awareness that eggs are good to our health,” Edwin Chen, managing director of Bounty Farms Inc., said over the weekend.
Data from the Philippine Statistics Authority showed that the country’s population reached 100.98 million as of August 2015. Chen said the annual per capita egg consumption in the country remained low at about 100 eggs.
“We want to correct the misconception that eggs are bad for the health because of the cholesterol,” Chen said.
He said that an egg has 187 mg of cholesterol, way below the recommended limit of 300 mg per day, or only 200 mg if one has diabetes or heart disease. Chen said the company was looking at increasing its production in the next few years by helping small layer farms nationwide.