Egg Powder Market Forecast, 2022-2027
The Egg Powder Market size is estimated to reach $2,647 million by 2027. Furthermore, it is poised to grow at a CAGR of 4.8% over the forecast period of 2022-2027. Egg powder is made from whole eggs that have been dried out or dried in a shower. Spray drying is a method of delivering a dry powder egg by swiftly heating it with hot gas just like powdered milk. The lack of hydration is resolved by removing the water content from the raw eggs at a high temperature, ensuring that none of the components are lost. This cycle aids in providing the item with a longer period of practical usability. The term "egg powder" refers to a powder made from dried-out bird eggs. It's also known as dried egg things, and it's made up of whole egg powder, egg yolk powder, egg whites powder, egg powder blend, or a combination of egg powder. Egg powder is currently in high demand in personal care goods, cosmetics, and animal feed and pet food products owing to a high-protein diet. Egg powder also acts as a lactose-free option that aids in the supply of critical nutrients for body growth and development. Amidst lockdowns, company closures, and travel boycotts, the Coronavirus epidemic has harmed ventures and economies in a number of countries. This very certainly has an influence on the food and beverage business, as well as the production network. In addition, the overall inventive work and fabricating processes exercises are estimated to have an impact on the growth of the global egg powder market.
Egg Powder Market Report Coverage
The report: “Egg Powder Market Forecast (2022-2027)", by Industry ARC covers an in-depth analysis of the following segments of the Egg Powder Industry.
By Product Type – Whole Egg Powder, Egg Yolk Powder, Egg Albumen Powder, Egg Powder Mix, and Others.
By End-Use Industry – Food Industry, Personal Care & Cosmetics, Nutraceuticals & Pharmaceuticals, Animal Feed, and Pet Food, Household and Others.
By Distribution Channel – Supermarket/Hypermarket, Specialty Stores, Online Stores, and Others.
By Geography- North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), and Rest of the World (the Middle East, and Africa).
Key Takeaways
- Geographically, North America will continue to be a significant regional market for egg powder manufacturers owing to the substantial presence of the egg and egg-based goods industry.
- During the forecast period 2022-2027, attributable to growing awareness of healthy lifestyles and nutritious food around the world, the food and beverage, and dietary supplement businesses have seen tremendous expansion in recent years.
- A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Global Egg Powder Market Report.
Egg Powder Market Challenges
The risk of contamination could stifle the worldwide egg powder market's expansion
Pertaining to the significant risk of contamination connected with eggs and egg powder, the worldwide egg powder market has been slow to grow. There is always the potential of contamination in eggs due to poor hygienic conditions, which could affect the quality of eggs and processed egg products. Over the projected period, this factor is anticipated to stifle the growth of the egg powder market, particularly in the Asia Pacific. Furthermore, there are price changes in basic supplies. Increased prices of agricultural grains used as hen feed in the region have resulted in an increase in the price of egg powder production, thereby excluding low-income families from the consumer chain.
Egg Powder Industry Outlook
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Egg Powder Market. The top 10- Global Egg Powder Market companies’ are-
- Sanovo Group
- Weko Group
- Eurovo S.R.L
- Rembrandt Enterprises Inc.
- Rose Acre Farms, Inc.
- Kewpie Egg Corporation
- TM Ovostar
- Pulviver
- Ovostar Union N.V.
- Adriaan Goede BV
Recent Developments
- In June 2021, Michael Foods Inc., a manufacturer, and distributor of foodservice products and ingredients has acquired Eggs Processor Henningsen Foods. Dehydrated eggs and meats are produced by the recently acquired company and are utilized in sports nutrition products, sauces, dressings, noodles, pet feeds, and food additives. Michael Foods Inc's food ingredient clients will benefit directly from the acquisition of Henningsen Foods' skills and product line.
- In April 2019, Quevos introduced a new snack range of egg protein-fortified chips. The product also contains natural flavoring and nutritional products such as avocado oil, chia seeds, and prebiotic fiber. Furthermore, it is available in various flavors such as barbecue, cracked black pepper, cheddar omelet, and rancheros. It will help the company to get a unique selling point in the market thereby boosting regional egg protein powder market share.
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