Global Egg Powder Market Insights Forecasts to 2033

• The Global Egg Powder Market Size was Valued at USD 970.8 Million in 2023
• The Market Size is Growing at a CAGR of 4.9% from 2023 to 2033
• The Worldwide Egg Powder Market Size is Expected to Reach USD 1566.4 Million by 2033
• North America Market is expected to grow the fastest during the forecast period

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The Global Egg Powder Market Size is Anticipated to Exceed USD 1566.4 Million by 2033, Growing at a CAGR of 4.9% from 2023 to 2033.

 

Market Overview

A powdered egg is a completely dehydrated egg. The majority of powdered eggs, like powdered milk, are produced using spray drying. Egg powder is comparably similar to milk powder and retains most of the nutrients found in fresh eggs, such as calcium and protein. The egg powder is also known as dried egg products that include whole egg powder, egg yolk powder, egg albumen powder, and egg powder mix or a blend of egg powder. Consumers seeking culinary variety and reduced food waste are increasingly turning to egg powder as a diverse answer. The ease of having an egg ingredient readily available without the limits of refrigeration stimulates its integration into a wide range of food formulations, from baked items to processed foods. As a result, growing preference for ingredients that provide both convenience and long shelf life is a powerful driver propelling the worldwide egg powder market forward. Egg powder offers nutritional benefits beyond protein, including vitamins and minerals, making it a wholesome ingredient in food formulations, driving market growth as dietary preferences evolve. Egg powder is currently in high demand for personal care goods, cosmetics, animal feed, and pet food products because of the high protein diet. It has the used as a nutrient supplement for body build and development.

 

Report Coverage

This research report categorizes the market for the global egg powder market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global egg powder market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global egg powder market.

 

Driving Factors

Egg powder is becoming increasingly popular as a protein supplement among athletes and gym lovers. Increasing the demand for convenient and long shelf-life ingredients is boosting the global egg powder market during the forecast period. Increasing demand for gluten-free and allergen-free food products leads to a high rate of adoption of the products in a wide range of food products. The pet food industry is experiencing steady growth and increased demand for premium nutrition, leading to innovative formulations prioritizing animal health and nutrition, and accelerating market expansion. The egg powder market is experiencing growth due to increasing demand for healthier, nutritional, and low-fat food. Factors such as changing lifestyles, health consciousness, and increasing population and disposable income contribute to market growth. Awareness of egg powder's benefits, such as extended shelf life, and the need for convenient functional food also contribute to increasing the market value. Hence, these factors are significant growth of the global egg powder market during the forecast period.

 

Restraining Factors

The egg powder market faces supply chain vulnerabilities and price volatility due to seasonal variations, disease outbreaks, and feed price fluctuations during the forecast period. These uncertainties affect market players' ability to maintain consistent and cost-effective supply, while global factors like weather and geopolitical issues further complicate the supply chain to restrain market growth. Hence, these factors might hamper the market growth of the global egg powder market during the forecast period.

 

Market Segmentation

The global egg powder market share is classified into type, distribution channel, and end use.

• The whole egg powder segment is expected to hold the largest share of the global egg powder market during the forecast period.

Based on the type, the global egg powder market is divided into egg yolk powder, whole egg powder, and egg albumen powder. Among these, the whole egg powder segment is expected to hold the largest share of the global egg powder market during the forecast period. The segmental growth can be attributed to whole egg powder is in high demand in a variety of applications, including the bakery and confectionery industries. Whole egg powder's dominance indicates its versatility, shelf-stability, and nutritional value, establishing it as a major player in the global market.

 

• The hypermarkets/supermarkets segment is expected to hold the largest share of the global egg powder market during the forecast period.   

Based on the distribution channel, the global egg powder market is divided into specialty stores, business to business, hypermarkets / supermarkets, and online sales channels. Among these, the hypermarket / supermarket segment is expected to hold the largest share of the global egg powder market during the forecast period. The growth can be attributable to the convenience of one-stop shopping improves their appeal. Supermarkets and hypermarkets efficiently address this demand by allowing people to purchase a variety of products, including egg powder.

 

• The bakery segment is expected to hold the largest share of the global egg powder market during the forecast period.   

Based on the end use, the global egg powder market is divided into bakery, sauces, dressings and mixes, and others. Among these, the bakery segment is expected to hold the largest share of the global egg powder market during the forecast period. The growth can be attributable to the increasing demand for bakery products is boosting the market. This powder offers a convenient, long-lasting alternative to fresh eggs in bakery industries, ensuring consistent quality and reliable performance, eliminating concerns about availability and storage constraints.

 

Regional Segment Analysis of the Global Egg Powder Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• Latin America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

Asia-Pacific is anticipated to hold the largest share of the global egg powder market over the predicted timeframe.

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Asia-Pacific is anticipated to hold the largest share of the global egg powder market over the predicted timeframe. The regional growth can be attributed to the Asia-Pacific region being home to a significant proportion of the world's population, which drives up demand for a variety of food products, including egg powder.  A growing knowledge of the nutritional benefits of eggs, combined with a preference for easy and shelf-stable food options, has boosted regional egg powder market demand. In this region strong and reliable source for processing into powder form. The region's increasing demand for egg powder is driven by consumers' preference for easy, shelf-stable food options and their growing understanding of egg nutritional benefits. Adopting western-style trends in bakery and comfort meals increases egg powder dependency, as seen in fast-food outlets and western supermarkets.

 

North America is expected to grow at the fastest pace in the global egg powder market during the forecast period. The growth can be attributed to North America's expanding food processing and ready-to-eat meal industries are major consumers of this powder, offering a convenient and nutritious alternative to fresh eggs, enhancing nutritional content and texture in a wide range of products. Also, increasing the awareness of gluten-free and allergen-free diets leads to adoption of the various food formulations.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global egg powder market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of overall competition within the market.

 

List of Key Companies  

• Ovostar Union N.V.
• Bouwhuis Enthoven
• Avangardco
• Eurovo Group
• Weko Group
• IGRECA
• Pulviver
• A.G. Foods
• Farm Pride
• Sanovo Group
• Venkys
• Rembrandt Enterprises Inc.
• Jiangsu Kangde Egg Industry Co., Ltd.
• Kewpie
• Interovo Egg Group BV
• Others

 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 

Recent Developments

• In July 2023, Adequate Food launched a product combination of 500g of egg yolk powder and 500g of egg white meringue powder. This new solution is smooth, versatile, simple to use, nourishing, and suitable for all ages. It contains precisely specified quantities of powdered egg white and yolk for endless baking possibilities, making it ideal for both home bakers and professional chefs. The company also claims to have utilize cutting-edge technology to create beautiful, fluffy meringues.

 

• In July 2022, Symrise AG announced sustainable egg proteins and enhanced the global circular food chain, aiming to create added value in the pet food sector.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global egg powder market based on the below-mentioned segments: 

 

Global Egg Powder Market, By Type

• Egg Yolk Powder
• Whole Egg Powder
• Egg Albumen Powder

 

Global Egg Powder Market, By Distribution Channel

• Specialty Stores
• Business to Business
• Hypermarkets/Supermarkets
• Online Sales Channel

 

Global Egg Powder Market, By End Use

• Bakery
• Sauces
• Dressings & Mixes
• Others

 

Global Egg Powder Market, By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa