What is Global Egg Protein Market?
The Global Egg Protein Market is a comprehensive study of the current trends, growth indicators, and market dynamics of the egg protein industry. This market involves the production and distribution of various types of egg proteins, including whole egg powder, egg white powder, and egg yolk powder. These products are derived from eggs and are processed into a powdered form for ease of use and extended shelf life. The global market for egg proteins is vast and diverse, with numerous applications in various sectors such as food and beverage, health and wellness, and animal feed. The market is driven by the increasing demand for high-quality protein sources in the food and beverage industry, coupled with the growing awareness about the health benefits of egg proteins. However, the market also faces several challenges such as high production costs and stringent regulations regarding animal welfare and food safety. Despite these challenges, the Global Egg Protein Market is expected to witness significant growth in the coming years, driven by the increasing demand for protein-rich foods and the growing popularity of health and wellness trends.
Whole Egg Powder, Egg White Powder, Egg Yolk Powder in the Global Egg Protein Market:
The Global Egg Protein Market is segmented into three main types: Whole Egg Powder, Egg White Powder, and Egg Yolk Powder. Whole Egg Powder is the most common type, accounting for about 40% of the global market. This product is made by drying whole eggs and then grinding them into a fine powder. It is widely used in the food and beverage industry due to its high protein content and versatility. Egg White Powder is another important type of egg protein, which is made by separating the egg whites from the yolks and then drying and grinding them into a powder. This product is particularly popular in the health and wellness sector due to its high protein content and low fat and cholesterol levels. Egg Yolk Powder is made by separating the egg yolks from the whites and then drying and grinding them into a powder. This product is rich in vitamins and minerals and is often used in the food and beverage industry as a natural emulsifier.
Bakery, Meat Product, Ice Cream, Others in the Global Egg Protein Market:
The Global Egg Protein Market finds its application in various sectors such as Bakery, Meat Product, Ice Cream, and Others. The Bakery sector is the largest consumer of egg proteins, accounting for about 45% of the global market. Egg proteins are widely used in the bakery industry due to their ability to provide structure, volume, and texture to baked goods. They also act as a natural emulsifier, helping to blend ingredients together and improve the overall quality of the product. The Meat Product sector is another significant consumer of egg proteins, where they are used as a binding agent to hold the meat together and improve its texture. In the Ice Cream sector, egg proteins are used to enhance the creaminess and smoothness of the product. Other applications of egg proteins include their use in dietary supplements, animal feed, and cosmetics.
Global Egg Protein Market Outlook:
The Global Egg Protein Market, valued at US$ 1094.3 million in 2022, is projected to reach a value of US$ 1199.2 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 1.3% during the forecast period from 2023 to 2029. The market is dominated by the top 3 players, who collectively hold about 20% of the global market share. The market is primarily driven by the Whole Egg Powder segment, which accounts for about 40% of the total market. The Bakery sector is the largest consumer of egg proteins, accounting for about 45% of the global market. This data provides a clear picture of the current state of the Global Egg Protein Market and its potential growth prospects in the coming years.
| Report Metric | Details |
| Report Name | Egg Protein Market |
| Accounted market size in 2023 | US$ 1094.3 million |
| Forecasted market size in 2030 | US$ 1199.2 million |
| CAGR | 1.3% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Avangardco, Sanovo, IGRECA, Interovo, Bouwhuis Enthoven, BNLfood, Post Holdings, Eurovo Group, Rose Acre Farms, VH Group, Wulro, A.G. Foods, Farm Pride, GF Ovodry, Adriaan Goede, SOVIMO HELLAS, Rembrandt, DEB EL FOOD, Lodewijckx Group, Kewpie, Dalian Lvxue, Jinlin Houde, Kangde Biological, Dalian Hanovo Foods, Etam Biological Polytron Technologies |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
