Egg Products Market: Global Industry Analysis And Forecast (2023-2029)

Egg Products Market size was valued at US$ 26.96 Bn. in 2022 and the total Egg Products revenue is expected to grow at 7.8% from 2023 to 2029, reaching nearly US$ 45.61 Bn.
Egg Products Market Overview:
The "Egg Products" refers to eggs that have been separated from their shells for processing at "breaker factories." Breaking eggs, filtering, mixing, stabilizing, blending, pasteurizing, cooling, freezing, drying, and packaging are all part of the egg production process. Egg products are increasing in popularity in the food service industry. This is because they are easy to use and give cost savings in terms of labor, storage, and portion control. In terms of nutritional content and most functional qualities, frozen, refrigerated liquid, and dry egg products are comparable to shell eggs.To know about the Research Methodology :- Request Free Sample Report

They are scrambled, baked into omelets, or used in egg dishes or other dishes like mayonnaise or ice cream. Pasteurized egg products are used by food processors because they are convenient and easy to handle and store. Because egg products are pasteurized, institutional food service operators including fast food restaurants, restaurants, hospitals, and nursing homes utilize them to assure food safety.

Report Scope:

The report investigates the Egg Products market's drivers, limitations, prospects, and barriers. The data provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2022. The MMR report includes recommendations for investors based on a thorough examination of the Egg Products market's contemporary competitive scenario.

The report also includes data on the recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and major & localized market players, changes in market regulations, and strategic market growth analysis. Bottom-Up Approach is used to analyze the secondary and primary data. Secondary data is been collected from the nationalized and global data sources, major market players’ annual and financial reports, press releases, etc. The primary data has been collected through interviews, surveys, experienced and skilled professional opinions, etc.
Egg Products Market Dynamics:
Processed Eggs and Egg Products are majorly used as a source of high-quality protein.

Eggs are a low-carbohydrate, low-calorie, and low-cost protein source. With only 70 calories, one egg contains 6 to 8 grams of protein. Eggs are a complete protein with a high concentration of essential vitamins and minerals. Because eggs contain all nine necessary amino acids, they are considered a complete source of high-quality protein.

High-quality proteins contribute significantly to muscle synthesis and maintenance, as well as indirectly to blood glucose management, resulting in increased power, strength, and energy. Because eggs are a nutrient-dense source of leucine and other EAAs, these protein-related advantages may be beneficial to active persons who consume eggs regularly as part of a diverse, balanced diet. These factors are increasing the demand for Egg and Egg products in the market and driving the growth of the market.

Higher consumption of egg products is disadvantageous for cardiovascular patients.

The yolks of eggs are heavy in cholesterol, which is why they were often considered harmful. Cholesterol is a waxy chemical that is found in egg and egg products. It is also created by in human body. Several controlled studies have given the result as eggs are a risk factor for heart disease. Dietary cholesterol is not recommended in the most recent dietary recommendations. They do, however, remind out that many meals rich in cholesterol, such as fatty meats, are also high in saturated fat. Because of the cholesterol level in eggs, the relation between egg consumption and cardiovascular disease risk is growing in cardiovascular patients.

Increasing use of Egg and Egg Products in new and novel products.

Thanks to its wide applications in various industries, Egg and Egg Products are widely used in the preparations of new and novel food items such as processed eggs and healthcare products. This brings a lucrative opportunity for the market during the forecast period. Eggs include a variety of vitamins and minerals, including vitamin A, vitamin E, and selenium, all of which operate as vital antioxidants in maintaining eye health, and retina function, and combating degenerative eyesight as you age.

Eggs are high in the antioxidants lutein and zeaxanthin, which help to reduce the risk of certain eye illnesses such as cataracts and age-related macular degeneration. According to studies, these antioxidants are also efficiently absorbed by the body from eggs than from other plant sources. These characteristics of the egg permit its use in the healthcare industry. It also finds opportunities in the food & beverage sector as a handy form of an ingredient for quick manufacture of dishes needing egg and egg components, since it substantially reduces manual labor.

The increasing population of vegans across the world threatened market growth.

Vegans do not consume animal or animal-derived products such as beef, meat, fish, shellfish, eggs, honey, and dairy products like cheese. Vegetarian diets are becoming increasingly popular. A vegetarian diet is connected with various health benefits due to its greater fiber, folic acid, vitamins like C and E, potassium, magnesium, and many phytochemicals, as well as a higher unsaturated fat content. Vegan diets feature less saturated fat and cholesterol and higher dietary fiber than other vegetarian diets. Vegans are thinner, have lower serum cholesterol, and have lower blood pressure, which lowers their risk of heart disease. However, avoiding all animal products raises the danger of some nutritional deficits.
Egg Products Market Segment Analysis:
By Segment, the Dried Egg Products segment is expected to dominate the Egg Product Market at the end of the forecast period. A dried egg product is made from a liquid egg product that has had the water removed by a drying process, resulting in a powder or granulated product. At room temperature, dried egg powder is kept, stored, and transported without refrigeration. The product is relatively stable and has a long shelf life. This product can be used as a substitute for fresh eggs in bakery products such as cakes, ice creams, cookies, doughnuts, and sauces.

In addition, it offers superior emulsifying properties as compared to ordinary egg yolk powder. There is sufficient opportunity for an egg powder production factory with sufficient capacity. Whole egg powder is used in hotels, hospitals, restaurants, and military establishments, among other places. Moreover, the transportation of these dried egg products is relatively convenient, with no fear of damage or breakage, low-cost transit, etc. these factors are driving the growth of the dried egg product segment during the forecast period.

The Refrigerated Liquid Egg Products segment is expected to grow substantially during the forecast period. Refrigerated liquid egg products have grown in popularity, particularly in the food service sector because Liquid eggs are made from whole eggs that have been separated into whites and yolks. These goods include liquid egg whites, liquid egg yolks, and different whites and yolks combinations. Bulk tank trucks, smaller portable tanks or "totes," paper cartons, hermetically sealed polyethylene bags, lacquer-coated tins, and plastic pails are some of the packaging options for liquid egg products. Increasing demand for liquid egg products eventually increases demand for these packaging products.



By Application, the Food Processing Industry segment held the largest market share of the Egg Products market in 2022 and is expected to maintain its dominance at the end of the forecast period. Eggs are an important function in food preparation, providing structure and texture to many well-known foods. Eggs are utilized as the "glue" in recipes to help bind ingredients together. This adhesive, for example, aids cooks in the preparation of burgers. They are also commonly used as a coating for fried foods, either alone or in combination with flour or breadcrumbs to form a seal around the components. Eggs can also be used to make a glaze. Before baking, a beaten egg is spread on top of bread and pastries such as sausage rolls to create a golden, lustrous glaze. Eggs are used to thicken a wide range of meals, including custards, sauces, and soups. When whisked, eggs may trap air, lightening mixes and assisting them to rise. When baking cakes, mousses, soufflés, and meringues, this is critical. Due to these wide applications of Egg and Egg products, the demand is increasing rapidly, and hence, the growth of these segments is increasing.
Egg Products Market Regional Insights:
The Asia-Pacific region held the largest market share of xx% for the Egg Product market in 2022 and is expected to maintain its dominance throughout the forecast period. In terms of both production and consumption, Asia Pacific dominates the global egg market. With a dense population and eggs being important to many Asian diets (China and Japan are all in the top three largest egg consumers globally), the area would continue to be a major market influencer. Egg products are utilized in ice cream and frozen desserts since the demand for these items is increasing in developing countries.

China is the undisputed leader, accounting for half of the global production, and consumption is expected to accelerate as the government recommends that Chinese children consume one egg each day. The Chinese market has seen new business model changes throughout the years, which may be ascribed to shifting customer preferences in the nation. Personal care items, for example, for consumers and higher-end customers, are in significant demand in the country.



The North American market is expected to grow significantly during the forecast period because, In comparison to other markets, the growth rates of the processed egg market in North America are continuous. In addition, Because of product innovation in the North American egg processed food market, a diverse range of egg processed food items is now available. Due to their low cost and nutritional content, processed eggs are becoming increasingly popular among North American consumers. Nevertheless, due to the hectic lifestyles of North American populations, they are seeking meals that meet their health needs while being simple to prepare. Such concern also increases the demand for egg-processed foods in North American countries.

In the European market, the market for liquid eggs is expected to increase significantly. Demand for fluids eggs in the country is anticipated to increase due to a growing preference for healthy diets and protein-rich processed foods made with high-quality liquid eggs amongst the consumers. The booming business of bakeries in the United Kingdom is driving market growth in the region, as big bakeries that specialize in bread manufacture have been obliged to extend their product lines in the United Kingdom, resulting in increased demand for egg products. Smaller specialty bakeries, on the other hand, have grown and proven to be client favorites. Additionally, Due to increased consumer health awareness about healthy eating habits, Mexico has the greatest share of the Latin American liquid egg market, followed by Brazil.

The objective of the report is to present a comprehensive analysis of the Egg Products market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Egg Products market dynamics, and structure by analyzing the market segments and projecting the Egg Products market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Egg Products market make the report investor’s guide.
Egg Products Market Scope: Inquire before buying



Egg Products Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 26.96 Bn.


Forecast Period 2023 to 2029 CAGR:
7.8 %
Market Size in 2029:
US $ 45.61 Bn.


 Segments Covered:
by Type
Dried
Frozen
Refrigerated Liquid
Specialty Egg Products


by Product
Liquid Egg White
Liquid Egg Yolk
Whole Liquid Eggs
Liquid Egg Blends


by Application
Food Processing Industry
 Bakery & Confectionery
 Creamy Sauces
 Ice Cream & Frozen Desserts
 Mayonnaise
 Noodles & Pasta
 Salad Dressings
 Others
Food Service Providers
Retail/Household
Convenience Stores
 Discount Stores
 Grocery Stores
 Modern Trade
 Online Retail
 Specialty Food/Sports Stores
 Wholesalers
 Other Sales Channels



Egg Products Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Egg Products Market, Key Players are
1. Tyson Foods, Inc.
2. Rembrandt Enterprises, Inc.
3. Michael Foods Inc.
4.SKM Egg Products Export
5. Andros
6. Daiya Foods Inc.
7. The Kraft Heinz Company
8. Ningbo Jiangbei Dexi Foods Co. Ltd.
9. Barry Farms
10. Hy-Line International
11. Noble Foods Ltd
12. Pilgrim's Pride Corporation
13. Tree Of Life Inc.
14. Venkys India
15. Others

FAQs:

1. Which is the potential market for Egg Products in terms of the region?
Ans. The Asia-Pacific is the potential market for Egg Products in terms of region.

2. What are the opportunities for new market entrants?
Ans. Increasing usage of Egg and Egg Products in new and novel food products.

3. What is expected to drive the growth of the Egg Products market in the forecast period?
Ans. A major driver in the Egg Products market is that Processed Eggs and Egg Products are majorly used as a source of high-quality protein.

4. What is the projected market size & growth rate of the Egg Products Market?
Ans. Egg Products Market size was valued at US$ 26.96 Bn. in 2022 and the total Egg Products revenue is expected to grow at 7.8% from 2022 to 2029, reaching nearly US$ 45.61 Bn.

5. What segments are covered in the Egg Products Market report?
Ans. The segments covered are Type, Product, Application and, Region.