Egg Powder Market Size Forecast Report 2024-2030

• Posted by Renub Research Oct 30 Filed in Arts & Culture #Egg Powder Market  16 views
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  Egg Powder Market Outlook

  The Global Egg Powder Market is projected to reach approximately $2,236.89 million by 2030, as reported by Renub Research. Egg powder, a versatile culinary ingredient, is a dehydrated form of eggs that offers convenience and extended shelf life. It is produced through spray-drying whole eggs or separated components like yolks or whites. This powdered form retains the nutritional benefits of fresh eggs, providing essential proteins, vitamins, and minerals. Widely utilized in baking, cooking, and food processing, egg powder eliminates the need for refrigeration, making it an ideal choice for both home kitchens and commercial operations. Its long shelf life and easy storage make it a valuable resource in disaster relief efforts and for those seeking a reliable source of high-quality protein.

  Furthermore, egg powder serves as a practical substitute for fresh eggs, boasting an extended shelf life that allows for storage without refrigeration. This feature is particularly beneficial for bakeries, restaurants, and households facing egg shortages. It is a dependable source of protein, nutrients, and minerals, especially in regions with limited access to fresh eggs. Its versatility enhances a variety of dishes, including baked goods and scrambled eggs, while also providing critical choline for brain health. This dehydrated form aligns with the needs for convenience, nutrition, and resilience during storage, making it a valuable ingredient across various culinary applications.

  The global egg powder market is expected to grow at a CAGR of 4.83% from 2024 to 2030. Rising disposable incomes are increasing consumers' willingness to purchase convenient and nutritious foods, fueling demand for egg powder, which is appreciated for its affordability and protein-rich content. The growing popularity of gluten-free and vegan diets further enhances its appeal, as egg powder is a naturally gluten-free and vegan ingredient that caters to evolving dietary preferences. The convergence of convenience, nutritional benefits, and alignment with current dietary trends positions egg powder as a favored choice in today's food market.

  Additionally, advancements in spray drying technology, featuring improved atomization and temperature control, are yielding finer, more soluble egg powder that enhances baking performance and final product texture. Although more expensive, freeze-drying techniques preserve egg proteins, making them ideal for nutrition bars and infant formulas. Incorporating functional elements like lipid or carbohydrate encapsulation can extend shelf life, while enzymes improve specific functionalities, addressing issues such as whipping capability and allergenicity. Innovations like pre-cooked egg powders and tailored particle sizes cater to diverse applications, while advancements in active packaging and controlled atmosphere storage further enhance product longevity and safety. These developments underscore the dynamic and growth-oriented nature of the evolving egg powder market, which was valued at $1,607.83 million in 2023.

  Asia Pacific Egg Power Market

  The popularity of egg powder in the Asia Pacific region reflects urban needs for convenient, shelf-stable ingredients. With over 4.5 billion residents, accounting for 60% of the global population, this region drives significant demand for egg products, particularly egg powder. Rapid urbanization and rising incomes in countries like China and India are increasing the need for convenient foods, thereby boosting the egg powder market. An expanding middle class is leading to higher disposable incomes, resulting in increased purchases of packaged foods that incorporate egg powder. The adoption of Western-style trends, evident in the rise of bakery and convenience foods, intensifies reliance on egg powder, particularly in the popularity of fast-food chains and Western supermarkets. Key players such as Shandong Bright Dairy & Foodstuffs Group, Shandong Ruyi Egg Products Co., Ltd., and Jiangsu Golden Eggs Group are prominent in the egg powder market in China.

  Market Segmentation

  Egg White Powder products dominate the global egg powder market due to their versatile applications and appeal to health-conscious consumers. The market is segmented into Whole Egg Powder, Egg White Powder, and Egg Yolk Powder. Egg white powder is especially sought after in the fitness and wellness industries because it is fat-free and high in protein. Its use in protein supplements, sports nutrition, and health products aligns with the growing demand for functional ingredients. Additionally, its applications in various culinary settings, including baking and cooking, further enhance its popularity as consumers increasingly prioritize healthy lifestyles.

  Food and Beverage Applications are the leading segment in the global egg powder market due to their versatility and compatibility in culinary formulations. Egg powder's convenience and long shelf life are essential in many food processing sectors. It plays a critical role in bakery products, confections, pasta, and sauces by enhancing texture, flavor, and nutritional value. In beverage applications, particularly in protein shakes and smoothies, the high protein content of egg powder meets the rising demand for nutritious and functional drinks. The growth of ready-to-eat and convenience meals further propels the prominence of food and beverage applications, making egg powder a vital ingredient in the dynamic global market.

  Regional Insights

  The United States leads the egg powder market, driven by health trends, convenience, and innovation. The rising demand for protein-rich supplements and functional foods presents significant growth opportunities. Influenced by health and fitness trends, the U.S. market for egg powder is substantial. Additionally, the prevalence of lactose intolerance boosts its use in protein bars and lactose-free products. The convenience and long shelf life of egg powder align well with global consumer preferences. Technological advancements in egg powder processing among U.S. companies enhance functionality, fostering product development and market growth in this dynamic sector.

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  Competitive Landscape

  Key players in the global egg powder market include Ovo Star Union N.V., Kewpie Egg Corporation, Venky’s, Weyco Group Inc., Ovobel Foods, and SKM EGG Products.

   

  Product Types – Global Egg Powder Market breakup in 3 viewpoints:

  1.    Whole Egg Powder

  2.    Egg White Powder

  3.    Egg Yolk Powder

   

   

  Applications – Global Egg Powder Market breakup in 3 viewpoints:

   

  1.    Food & Beverages

  2.    Personal Care

  3.    Others

   

   

  Country – Global Egg Powder Market Breakup in 21 viewpoints:

  1.    North America

   

  1.1    United States

  1.2    Canada

   

  2.    Europe

   

  2.1    Germany

  2.2    United Kingdom

  2.3    France

  2.4    Italy

  2.5    Spain

  2.6    Switzerland

   

  3.    Asia Pacific

   

  3.1    Japan

  3.2    China

  3.3    India

  3.4    South Korea

  3.5    Indonesia

  3.6    Australia

   

  4.    Latin America

   

  4.1    Mexico

  4.2    Brazil

  4.3    Argentina

   

  5.    Middle East & Africa

   

  5.1    Saudi Arabia

  5.2    United Arab Emirates

  5.3    South Africa

   

  6.    Rest of World

   

   

  All the Key players have been covered from 3 Viewpoints:

  •   Overview

  •   Recent Developments

  •   Revenue Analysis

   

   

  Companies Analysis:

  1.    Ovo Star Union N.V.

  2.    Kewpie Egg Corporation

  3.    Venky’s

  4.    Weyco Group Inc.

  5.    Ovobel Foods

  6.    SKM EGG products

   

  About the Company:

  
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