According to the new market research report by IMARC Group, The global egg powder market size reached US$ 1,859.6 Million in 2022. Looking forward, the market expected to reach US$ 2,506.3 Million by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.
Egg powder is obtained by completely dehydrating fresh eggs via the spray drying method. This process not only increases the shelf life of the product but also reduces the weight per volume of whole eggs while preserving the nutritional content. Due to its dry form, egg powder can be conveniently transported over long distances, as it does not require refrigeration and experience breakage. As a result, egg powder is increasingly being used in several applications ranging from food to cosmetic industries.
Request for a sample copy of this report: https://www.imarcgroup.com/egg-powder-market/requestsample
Some of the major players operating in the industry include
- Sonova Holding AG (SOON.SW),
- Weko Group,
- Eurovo S.R.L,
- Rembrandt Enterprises Inc (RBDE), Inc.,
- Rose Acre Farms, Inc.,
- KEWPIE Egg Corporation.
Egg Powder Market Trends/ Drivers, restraints, and opportunities-
Over the past few years, the egg powder market has been propelled by significant demand from health-conscious consumers. Their consumption patterns have shifted from a carbohydrate-rich to a protein-rich diet, which has bolstered the demand for egg powder. Besides this, the proliferating food industry is also contributing to the growth of the market, as egg powder is widely used in bakeries and confectioneries due to its long shelf life and negligible product waste.
Moreover, its exceptional binding properties also make it a preferred choice over fresh eggs. Furthermore, egg powder is increasingly being used in natural personal care products, which are witnessing a high demand due to the rising self-care and wellness trends. Additionally, market players are introducing value-added products, such as high gel and whip egg yolk powder, which possess excellent binding properties. As these variants can be easily mixed with other food ingredients, they are gaining widespread preference among consumers.
Ask An Analyst – https://www.imarcgroup.com/request?type=report&id=958&flag=C
Key Insights from the report:
On the basis of types, the market has been segregated into whole, yolk and white egg powder. At present, whole egg powder represents the most popular product type owing to its wide applications in the food industry.
Based on end-uses, the egg powder market has been divided into bakery; sauces, dressings and mixes; and others (desserts, dietary supplements, pharma, etc.). Currently, bakery accounts for the majority of the market share.
Region-wise, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, Latin America, and Others. Amongst these, Europe is the leading market for egg powder, holding the largest share.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
30 N Gould St
Sheridan, WY 82801
Email: [email protected]
Follow us on twitter: @imarcglobal