Egg Powder Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis
MarkNtel Advisors recently published a detailed industry analysis of the Global Egg Powder. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Egg Powder Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Egg Powder Market size is estimated to touch USD 3.92 billion by 2030 and anticipated to grow at a CAGR of around 4.5% during the forecast period, i.e., 2024-30.
What are the major Driver the Global Egg Powder industry?
Escalating Demand for Egg Powder from Bakery and Confectionary Industry – There has been a significant rise in demand for bakery and confectionary goods such as cakes, pastries, cookies, waffles, chocolates, toffee, muffins, etc. among consumers. This is due to the changing lifestyle and high demand for convenience food across the globe. The fast-paced lifestyles of consumers have led to the higher adoption of bakery goods as they are considered ready-to-eat and go-to foods. In addition, different exotic fruit flavors and various claims such as clean labels, free from additives, made from whole grains, etc. further surge the growth of bakery and confectionary products among consumers across the globe.
In bakery product consumption, the preference of consumers is constantly evolving towards healthy, high protein, and low sugar products which has surged the demand for egg powder as a protein source. For Instance, in 2022, more than 53% of bakery products consumers prefer high-protein bakery products globally. Thus the ability of egg powder to provide a high amount of protein content to bakery and confectionery goods in addition to stability and texture has led to the rising adoption of egg powder in the bakery & confectionary industry. The rising demand for egg powder for high-quality product manufacturing is expected to augment the Egg Powder Market growth in forthcoming years.
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What segments define the Global Egg Powder from 2024 to 2030? How do these segments contribute to market dynamics and growth?
- By Type
- Whole Egg Powder- Market Size & Forecast 2019-2030, (Million Tons)
- Egg Yolk Powder- Market Size & Forecast 2019-2030, (Million Tons)
- Egg Albumin Powder- Market Size & Forecast 2019-2030, (Million Tons)
- Egg Powder Mix- Market Size & Forecast 2019-2030, (Million Tons)
According to report, Out of them all, whole egg powder is anticipated to hold a major share of the market in the forecast period, owing to its versatility, consistent composition and rising demand in the food industry.
- By End User
- Commercial- Market Size & Forecast 2019-2030, (Million Tons)
- Food & Beverages- Market Size & Forecast 2019-2030, (Million Tons)
- Bakery & Confectionary Products- Market Size & Forecast 2019-2030, (Million Tons)
- Sauces, Dressings & Mixes- Market Size & Forecast 2019-2030, (Million Tons)
- Meat Products- Market Size & Forecast 2019-2030, (Million Tons)
- Others (Noodles, Pasta, Desserts, etc.) - Market Size & Forecast 2019-2030, (Million Tons)
- Personal Care & Cosmetics- Market Size & Forecast 2019-2030, (Million Tons)
- Nutraceuticals & Pharmaceuticals- Market Size & Forecast 2019-2030, (Million Tons)
- Others (Animal Feed & Pet Food)- Market Size & Forecast 2019-2030, (Million Tons)
- Residential- Market Size & Forecast 2019-2030, (Million Tons)
According to report, Based on the end-user the commercial segment witnessed substantial growth in the Global Egg Powder Market during 2019-2030.
- By Distribution Channel
- Online Sales Channel- Market Size & Forecast 2019-2030, (Million Tons)
- Company Website- Market Size & Forecast 2019-2030, (Million Tons)
- E-commerce Platform- Market Size & Forecast 2019-2030, (Million Tons)
- Offline Sales Channel- Market Size & Forecast 2019-2030, (Million Tons)
- Supermarkets/Hypermarkets- Market Size & Forecast 2019-2030, (Million Tons)
- Departmental Stores - Market Size & Forecast 2019-2030, (Million Tons)
- Convenience Stores- Market Size & Forecast 2019-2030, (Million Tons)
- Other Sales Channel- Market Size & Forecast 2019-2030, (Million Tons)
Explore the Complete Global Egg Powder Analysis Report –
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Geographical Analysis: Global Egg Powder
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Egg Powder Share & Competitive Landscape:
The Egg Powder Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Egg Powder are:
- Avangardco
- Ovostar
- SKM Egg Products
- IGRECA
- Bouwhuis Enthoven
- Eurovo
- Ag Foods
- Venkys
- Farm Pride
- Kewpie Corporation
- Pulviver
- Interovo Egg Group BV
- Adriaan Goede BV
- Wabash Valley
- Rose Acre Farms
- Wulvro BV
Global Egg Powder Industry Recent Developments
- 2022: Symrise, announced the acquisition of Schaffelaarbos, a company that produces sustainable egg proteins used as ingredients in pet food. Through this acquisition, the company aims to become a leading player in egg valorization, providing sustainable proteins to the pet food industry with a contribution to a positive circular food system globally.
Questions Addressed in this Study
1.What factors are driving the Global Egg Powder growth?
2.How is the Global Egg Powder expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Egg Powder?
4.What is the current size of the Global Egg Powder, and how is it projected to change in the future?
6.What is the future outlook for the Global Egg Powder in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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