Global Egg Yolk Powders Market Forecast 2022-2027
The Global Egg Yolk Powders Market size is estimated to reach $394.1 million by 2027. Furthermore, it is poised to grow at a CAGR of 3.1% over the forecast period of 2022-2027. Spray dehydrated egg yolks are used to make egg yolk powder. It is used in compositions when emulsifying abilities, color, texture, and mouthfeel are important. Egg yolk powder's coagulating and emulsifier properties make it a great addition to mayonnaise, salad dressings, cakes, doughnuts, sweet dough, noodles, and other meals. The powder is all-natural and free of preservatives and additives, with a long shelf life and ready-to-use properties. These characteristics make it a good fit for the food processing industry followed by a favorable protein supplement. Along with its longer shelf life and mobility, egg yolk powder has become more popular as a substitute for whole eggs, particularly in the domestic and foodservice industries. This encourages the market to expand. The perception of eggs as a non-vegetarian meal has shifted, and vegetarians are increasingly accepting of eggs. As a result, the use of egg yolk powder is increasing, which manufacturers can see as an opportunity for additional growth and expansion. The high expenses of producing egg powder, on the other hand, may slow the market's expansion. In addition, making egg powder is a time-consuming operation. The lack of necessary infrastructural amenities in growing and developing economies is poised to stymie Global Egg Yolk Powders industry expansion.
Global Egg Yolk Powders Market Report Coverage
The report: “Global Egg Yolk Powders Market Forecast (2022-2027)", by Industry ARC covers an in-depth analysis of the following segments of the Global Egg Yolk Powders Industry.
By Product Type – Organic Egg Yolk Powder, Pastured Egg Yolk Powder, and Free-Range Egg Yolk Powder.
By Application – Bakery & Confectionery, Noodles & Mayonnaise, Salad Dressing, Meat & Fish, Dietary Supplements, Pharma and Others.
By End-Use Industry – Food Industry, Nutraceuticals & Pharmaceuticals, HoReCa, 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 owing to the increasing demand for global egg yolk powders accounted for the highest revenue share in 2021. The market value of egg powder will continue to rise as more people become aware of the advantages of egg powder over ordinary eggs, such as its longer shelf life.
- During the forecast period 2022-2027, the market value of egg yolk powder is anticipated to continue to rise as more people are demanding protein-rich diet options with longer self-life.
- A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Global Egg Yolk Powders Market Report.
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Global Egg Yolk Powders Market. The top 10- Global Egg Yolk Powders Market companies’ are-
- Modernist Pantry LLC.
- Dutch Egg Powder Solutions
- Venkys India
- Ovobrand S.A.
- Australian Egg Co.,
- Groward Group
- Senel BV
- Imperovo Foods
- Rembrandt Enterprises
- Snuk Foods
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 May 2019, Deb El Food Products acquired Sparboe Farms' egg processing business in New Hampton, Iowa. This acquisition is expected to help the company achieve its goal of being a world-class and trusted provider of high-quality egg products, with a team of experienced employees who are passionate about customer service, quality-assured products, safety, and great value.
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