Market Overview:
The Global Processed Egg Market size is expected to grow from USD 22.46 billion in 2022 to USD 30.64 billion by 2030, at a CAGR of 3.95% during the forecast period (2023-2030).
Eggs have long been a staple in cuisines all over the world due to their significant contribution to many areas of the contemporary food industry, especially baking. Lecithin, along with many other vital nutrients and bioactive ingredients, is abundant in eggs. The liquid product (egg yolk and egg white) is separated from the eggshells to create processed eggs, which are suitable for a variety of uses.
Top Key Players in the Processed Egg Market:
Interovo Egg Group B.V.(Netherland), Browns Mill Farm (U.S.), Dakota Layers (U.S.), Pelbo S.P.A.(Italy), OVO-Tech (Poland), Debel Food Products (U.S.), Sanovo Technology Group (Denmark), Dwise Ltd (U.K.), Glon Group (France), Gruppo Eurovo(Italy), Bouwhuis Enthovan B.V. (Netherlands), Igreca S.A.(France), MOBA B.V. (Netherland), Nabati Foods Global Inc. (US), Actini Group (France), Buckeye Egg Farm LP(U.S.), Eat JUST Inc. (US), and Other Major Players.
Market Dynamics and Factors for the Processed Egg Market:
Drivers:
Increasing Demand for Convenience Food
The egg processing industry is geared towards convenience, ease of use, and preservation of processed eggs. Convenience foods are becoming more popular as urban populations increase and people's lifestyles become busier. The need to break the shell and separate the different components of the egg is eliminated for processed eggs. In addition, processed eggs are processed and pasteurized more efficiently due to technical improvements, ensuring safety, reduced risk of contamination, and longer storage times. Processed eggs are also commonly used in sports and bodybuilding as a source of high-quality protein.
Opportunities:
Egg White and Yolk Powder Business Investment Opportunities
In the food industry, egg powder is consumed excessively, especially in industrialized countries such as Europe, the United States, and Japan. The egg powder factory in India is on its way to the US Monetary and Industrial Reconstruction Commission (BIFR). The Indians started exporting this product about three years ago. India's demand for egg powder has skyrocketed. When a new business owner has an eye on high-quality raw materials, they will be able to create a savvy market. The production of egg powder is an important aspect of egg consumption.
Segmentation Analysis of the Processed Egg Market:
By product type, the liquid egg segment is expected to dominate the market. Liquid egg product is mostly used as an egg substitute. And also, no fat, cholesterol, and low calories with all the protein.
By Application, bakery is likely to dominate in this area. Due to bakery product manufacturers increasingly, demanding egg products with unique characteristics and properties to meet special requirements, there may be a trend toward establishing special arrangements to ensure users have an adequate supply of products with the desired characteristics at all times.
Regional Analysis of the Processed Egg Market:
Europe is expected to dominate the market during the forecast period. About 80% of the world's imports of liquid egg products came from Europe, followed by Asia and North America. Germany is the world's largest importer of processed egg products, making up 15% of all imports, according to the Observatory of Economic Complexity (OEC). In the rest of the world, the United Kingdom (12%), France (6.3%), and Belgium-Luxembourg (6.3%) in Europe (4.6%) are the top importers of processed egg products.
Key Industry Development:
In August 2021, Nabati Foods Global Inc. launched Nabati Plant Eggz™, its plant-based liquid egg product, in the United States. A plant-based food technology company offering whole, natural, plant-based foods for health-conscious consumers. The product is available online at Nabati.ca for $6.99 (USD) and is also available as part of VegNews' deal of the week. The deal includes two bottles of Nabati Plant Eggz™ and two bags of Nabati Cheeze (one mozzarella style and one cheddar style), which can be purchased for USD 15 and includes free shipping in the U.S.
In January 2020, a company that applies cutting-edge science and technology to manufacture healthier, more sustainable foods declared the second-quarter availability of a new JUST Egg offering such as perfect on top of toast, a fluffy, folded egg, inside breakfast sandwiches, or as a plant-based, protein-packed addition to any meal.
For this report, Introspective Market Research has segmented the Aviation Fuel Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
