The global Egg Powder market reached a value of about USD 1761 million in 2021. The industry is projected to grow at a CAGR of around 5.58% in the forecast period of 2022-2027 to reach a value of about USD 2474 million by 2027.
The global Egg Powder industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The various properties of the product are primarily driving the market's growth. The Asia Pacific is the highest category spender by region, driving the demand for the Egg Powder industry.
Bird Eggs that have been entirely dried are known as powdered eggs. Dried egg goods include whole egg powder, egg yolk powder, egg albumen powder, egg powder mix, and egg powder mixtures. It has a high protein content, is minimal in carbohydrate, fat, and cholesterol, and produces little waste. The Egg Powder industry report comprises segments by Type (Whole Egg Powder, Yolk Egg Powder, White Egg Powder), End-Use (Bakery, Sauces, Dressings and Mixes, and Others (Desserts, Dietary Supplements, Pharma, etc.)), and Region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).
The Asia Pacific holds a significant share in the industry as the egg powder market in China is expected to grow owing to rising awareness of the egg powder health advantages and the implementation of a wholesome way of life. Furthermore, higher personal disposable income and a growing population will assist the country's market growth. China is expected to make significant contributions to the East Asian egg powder market due to their economies' excellent development potential.
The market for the product is being propelled by the properties of its longer shelf life and mobility. The shelf life of egg powder is 5 to 10 years when put in storage in a sealed vessel. It is non-perishable, can be readily transported, and does not require refrigeration, unlike actual eggs, which have a greater risk of shattering. Hence, the product's following advantages will likely boost the market's expansion further. Furthermore, the rising demand for healthy, nutritious, and low-fat foods propels the egg powder industry forward. Other factors such as changing lifestyles, more significant health consciousness, and rising demand for food and beverage consumption because of an ever-growing population and increasing personal disposable income are augmenting the market's development.
However, the risk of contamination in the product is likely to hamper the industry's growth.
The global Egg Powder industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Egg Powder regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
The yolk and albumen are separated after breaking the eggs and removing the outer shell. In the case of whole egg powder, this step is skipped. The combination, or each component, is filtered and held at 4 degrees Celsius in storage tanks before being pasteurised for 8-10 minutes in the tube heater at 65 degrees Celsius. It is then dried in a spray dryer to produce egg powder, which is packaged according to the ultimate usage.
The industry is witnessing demand as Egg powder is currently in high demand in personal care goods, cosmetics, animal feed, and pet food items. In addition, the demand growth in the worldwide egg powder market has also been boosted by effective promotional campaigns and marketing strategies. Also, emerging countries such as Brazil, Argentina, Chile, and others worldwide have seen a significant change in consumption habits away from carbohydrate-based meals (such as grains, cereals, and rice) and food items based on protein (such as hens, fish, meat). This shift is predicted to increase demand for egg powder in Latin America, resulting in a growth of the region’s animal feed sector and increasing egg powder demand.
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
Egg powder manufacturers employ product variety and innovation to gain significant market revenue. Moreover, several changes have benefited enterprises’ advancements in the egg powder market, with manufacturers focusing on innovative and inventive egg powder tastes.
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Egg Market Overview
8.1 Key Industry Highlights
8.2 Global Egg Historical Market (2017-2021)
8.3 Global Egg Market Forecast (2022-2027)
8.4 Global Egg Market by End Use
8.5 Global Egg Market by Region
9 Global Egg Powder Market Analysis
9.1 Key Industry Highlights
9.2 Global Egg Powder Historical Market (2017-2021)
9.3 Global Egg Powder Market Forecast (2022-2027)
9.4 Global Egg Powder Market by Type
9.4.1 Whole Egg Powder
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
9.4.2 Yolk Egg Powder
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
9.4.3 White Egg Powder
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
9.5 Global Egg Powder Market by End Use
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
9.5.2 Sauces, Dressings and Mixes
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
9.5.3 Others (Desserts, Dietary Supplements, Pharma, etc.)
9.6 Global Egg Powder Market by Region
9.6.1 Market Share
188.8.131.52 North America
184.108.40.206 Asia Pacific
220.127.116.11 Latin America
18.104.22.168 Middle East and Africa
10 Regional Analysis
10.1 North America
10.1.1 Historical Trend (2017-2021)
10.1.2 Forecast Trend (2022-2027)
10.1.3 Breakup by Country
10.1.3.1 United States of America
10.2.1 Historical Trend (2017-2021)
10.2.2 Forecast Trend (2022-2027)
10.2.3 Breakup by Country
10.2.3.1 United Kingdom
10.3 Asia Pacific
10.3.1 Historical Trend (2017-2021)
10.3.2 Forecast Trend (2022-2027)
10.3.3 Breakup by Country
10.4 Latin America
10.4.1 Historical Trend (2017-2021)
10.4.2 Forecast Trend (2022-2027)
10.4.3 Breakup by Country
10.5 Middle East and Africa
10.5.1 Historical Trend (2017-2021)
10.5.2 Forecast Trend (2022-2027)
10.5.3 Breakup by Country
10.5.3.1 Saudi Arabia
10.5.3.2 United Arab Emirates
10.5.3.4 South Africa
11 Market Dynamics
11.1 SWOT Analysis
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Manufacturing Process
13.1 Detailed Process Flow
13.2 Operations Involved
13.3 Mass Balance
14 Project Requirements and Cost Involved
14.1 Land Requirement and Expenditures
14.2 Construction Requirements and Expenditures
14.3 Plant Machinery
14.4 Plant Layout
14.5 Machinery Pictures
14.6 Raw Material Requirements and Expenditures
14.7 Raw Material and Final Product Pictures
14.8 Packaging Requirements and Expenditures
14.9 Transportation Requirements and Expenditures
14.10 Utility Requirements
14.11 Manpower Requirements and Expenditures
14.12 Other Capital Investments
15 Loans and Financial Assistance
16 Project Economics
16.1 Capital Cost of the Project
16.2 Techno-Economic Parameters
16.3 Product Pricing
16.4 Income Projections
16.5 Expenditure Projections
16.6 Taxation and Depreciation
16.7 Financial Analysis
16.8 Profit Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players’ Market Share
17.3 Company Profiles
17.3.1 Sanovo Technology Group
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
17.3.2 Eurovo Srl
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
17.3.3 Kewpie Corporation
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
17.3.4 TM Ovostar
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
18 Industry Events and Developments
The global Egg Powder market size was valued at USD 1761 million in 2021.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 5.58%.
The significant demand for the product in various industries is one of the essential drivers of the Egg Powder market growth.
Sanovo Technology Group, Eurovo Srl, Kewpie Corporation, TM Ovostar, Pulviver, and Others are some of the major players in the market.
The Asia Pacific region of the Egg Powder industry holds a significant share in the market.
The global Egg Powder market attained a value of USD 1761 million in 2021, driven by its properties having a longer shelf life and mobility. Other factors such as changing lifestyles, more significant health consciousness, and rising demand for food and beverage consumption because of an ever-growing population and increasing personal disposable income are augmenting the market's development. Aided by the growing demand for the product in personal care goods, cosmetics, animal feed, and pet food items, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 5.58%. The market is projected to reach USD 2474 million by 2027. Some of the leading players in the industry are Sanovo Technology Group, Eurovo Srl, Kewpie Corporation, TM Ovostar, Pulviver, and Others.
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