Egg powder Market is valued at ~USD 1Billion in 2018 and expected to reach ~USD 2 Billion by 2028 with the CAGR of 4.80% over the forecast period.
Increase in demand for powdered eggs in bakeries and rising need for powdered eggs in cosmetics and personal care products are the major factors stimulating the growth of the global Egg powder market.
Fresh eggs are rich in protein and are eaten to repair muscles and build muscles. Egg powder is made from completely dehydrated eggs. By making eggs in powder form, they can be more easily mixed with other liquids and foods. Egg powders have various advantages, for example, they have a longer shelf life, less storage space, rich nutrition and less bacterial contamination. The physical form of egg powder is also very easy to use, as its physical form causes little or no waste of product and does not produce residues like shelled eggs after use. Egg powder also has multiple uses, such as egg white powder, egg yolk powder, whole egg powder and eggshell powder. These diverse product lines can meet the different needs of people. Egg white powder is rich in protein, while egg yolk powder contains a lot of egg fat. People who choose a low-calorie, high-protein diet can easily beat egg white powder without the laborious separation of egg yolk and egg white. In the food industry, baking and confectionery are the main areas of increasing demand, followed by meat products, sauces and seasonings.
Global Egg powder market is segmented on the basis of product type, applications and region. On the basis of product type, the market is segmented into egg albumin powder, whole egg powder, egg yolk powder and egg powder mix. On the basis of applications, the market is segmented into noodles & pasta, mayonnaise & salad dressing, bakery industry, meat & fish, confectionery and others.
The regions covered in this Egg powder market report are North America, Europe, Asia-Pacific and Rest of the World. Based on the country level, market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key players of the Egg powder market are,
SKM Egg Products Export
Rembrandt Enterprises Inc.
Rose Acre Farms, Inc.
Adriaan Goede BV
Kewpie Egg Corporation
Ovostar Union N.V
Global Egg powder Market Dynamics-
The growth in demand for powdered eggs in bakeries and confectionery and the growth in demand for powdered eggs in cosmetics and personal care products are the main factors that should stimulate the global egg powder market during the forecasted period. In addition, the growing trend in physical fitness, healthy lifestyles, increasing consumer attention to health and increased disposable income are other factors that should support the growth of the global egg powder market. According to Ordernova, sales of cakes and cupcakes in retail bakeries have average annual growth of 7.2% is forecast by 2021. According to data from the American Egg Board (AEB), on the consumer side, eggs are a comfort basic foods appear in 94% of the country's cuisines. in terms of manufacturing, the egg ingredients provides more than 20 features with ordinary people and unique ingredients used to create the gold standard cakes, muffins, cookies, cheesecakes and more hot products. However, the high cost of powdered egg products and strict government regulations related to product approval are the main factors hampering the growth of the egg powder market to some extent. The use of powdered eggs in the baking industry should offer considerable growth opportunities in the coming years.
North America is expected to Witness a Fastest Growth in the Global Egg powder Market
North America is the leaded currently and is expected to remain dominant in future in the global Egg powder market due to the presence of large operators, a high disposable income and the growing demand for packaged food in the United States and Canada in the region. In addition, awareness of the health of individuals in the region is increasing and the adoption of healthy lifestyles is becoming more widespread. The output value of the North American baking industry is approximately US $ 32 billion, second only to Europe. According to the Food and Health Survey, Americans eat 31% more packaged food than fresh food. In terms of income, the European market should represent the second largest share of the world market for powdered eggs. Due to the high consumption of powdered eggs and the growth of the retail sector in countries like India and China in the region, the market for powdered eggs in Asia-Pacific is expected to grow faster over the next decade. Due to the high production in the region, manufacturers are focusing on processing eggs into powdered eggs to meet the growing demand from the food
Key Benefits for Global Egg powder Market Report–
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
By product type: Egg Albumin Powder, Whole Egg Powder, Egg Yolk Powder, Egg Powder Mix
By Application: Noodles & Pasta, Mayonnaise & Salad Dressing, Bakery Industry, Meat & Fish, Confectionery, Others
Regional & Country Analysis
• Rest of Europe
• South Korea
• Rest Of APAC
• Rest of South America
Middle East and Africa
• Saudi Arabia
• South Africa
• Rest Of MEA
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