Egg Powder Market Size 2022-2026
The egg powder market share is expected to increase to 58.87 thousand tons units from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.63%.
The egg powder market is seeing growth driven by increasing protein intake awareness and food innovation trends. As high-quality protein sources gain popularity, plant-based protein alternatives and dairy-free alternatives are emerging as substitutes. This shift caters to those with protein allergies, food sensitivities, or following a lactose intolerance diet. With the rise in processed food consumption, egg powder is being incorporated into convenient ingredients for healthy baking, bakery recipes, and sugar-free snacks.
What will the Egg Powder Market Size be During the Forecast Period?
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The low-fat diet trend and sustainable living focus, the market has also seen demand for vegan cosmetics and natural beauty products. As wholesale suppliers adapt to feed price fluctuations and production costs, iron supplementation and whey protein continue to be popular in the growing health and wellness space. The rise of online grocery shopping further fuels the demand for these functional ingredients and gluten-free recipes.
Egg Powder Market Dynamic
The rise in the production of eggs contributes to an increase in egg processing, which is notably driving the egg powder market growth, although factors such as the risk of contamination may hinder the market growth may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the egg powder industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Egg Powder Market Driver
One of the key factors driving the global egg powder market growth is the rise in the production of eggs, which contributes to an increase in egg processing. Egg powder is a powder produced from fully dehydrated bird eggs. It is also referred to as dried egg products, which include whole egg powder, egg yolk powder, egg albumen powder, egg powder mix, or an egg powder blend. Bakery and confectioneries are the key food sector segments with the highest demand, followed by meat products and sauces and dressings. The food category accounts for a sizable revenue share of the global egg powder market and is expected to develop rapidly during the forecast period.
Key Egg Powder Market Trends
Growing emphasis on online retailing of egg powder is one of the key egg powder market trends that is expected to impact the industry positively in the forecast period. Compared with traditional retail stores such as department stores, online stores selling egg powder offer additional discounts and easy delivery options for consumers. Moreover, online retail stores offer enhanced visibility of egg powders provided by various vendors, along with the description and reviews of each product. The convenience of choosing egg powders offered by multiple vendors from a single platform is encouraging consumers to purchase egg powder online. For example, online stores that offer egg powder are Amazon.com, Inc. (Amazon) and HealthKart.com (HealthKart). Therefore, the increase in sales through online channels is expected to support the growth of the global egg powder market during the forecast period.
Key Egg Powder Market Challenge
One of the key challenges to the global egg powder market growth is the risk of contamination. Because of unhygienic circumstances, there is always a possibility of contamination in eggs, which might lower the quality of eggs and processed egg products. It also reveals that changes in raw material prices have a negative impact. Increased costs of agricultural grains used as hen feed in the region have led to an increase in the prices of egg powder manufacturing, which has disconnected low-income households from the consumer chain. Over the forecast period, such factors are expected to hinder the growth of the egg powder market, particularly in APAC.
This egg powder market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Who are the Major Egg Powder Market Vendors?
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- Adriaan Goede BV
- Caneggs
- Derovo Group
- Ovobel Foods Ltd.
- Prime One Capital LLC
- Rembrandt Foods
- SKM EGG Products Exports India Ltd.
- UkrLandFarming
- Van Beek Group BV
- Wulro Food Group BV
This statistical study of the egg powder market encompasses successful business strategies deployed by the key vendors. The egg powder market is fragmented and the vendors are deploying growth strategies such as M&A to compete in the market.
Product Insights and News
- Adriaan Goede BV - The company offers whole egg powder that is used as an ingredient in bakery, sauces, and pasta. The product is also suitable as an ingredient for dry mixes
- Adriaan Goede BV - Under the unified segment, the company offers products such as whole egg liquid, egg yolk liquid, whole egg powder, protein liquid.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The egg powder market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Parent Market Analysis
Technavio categorizes the global egg powder as a part of the global packaged foods and meats market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the egg powder market during the forecast period.
Egg Powder Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the egg powder market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Which are the Key Regions for Egg Powder Market?
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40% of the market's growth will originate from APAC during the forecast period. Japan and China are the key markets for egg powder in APAC. Market growth in this region will be faster than the growth of the market in other regions.
North America is another potential market for gg powders. The significant increase in the demand for egg powder among foodservice establishments in countries such as the US will facilitate the egg powder market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In the first half of 2020, the outbreak of COVID-19 negatively impacted the economy of various countries in the region. The rise in the number of COVID-19 cases led to the implementation of nationwide lockdowns to contain the spread of the disease. Due to lockdowns, home delivery services for food and beverage products by e-commerce portals helped in maintaining the demand for egg powder in the region. In Q1 2021, the regional government started the vaccination program and also lifted the lockdowns and travel restrictions, which resulted in the resumption of offline stores and online delivery of foods gradually. Such factors are expected to boost the growth of the egg powder market during the forecast period.
What are the Revenue-generating Product Segments in the Egg Powder Market?
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The egg powder market share growth by the whole egg powder segment will be significant during the forecast period. Whole egg powder provides more benefits than frozen whole eggs as it contains comparatively low moisture content. Similarly, the crude fats, crude proteins, and pH level of whole egg powder are high when compared with frozen whole eggs. These benefits will increase the consumption of whole egg powder and, in turn, drive market growth in the coming years.
This report provides an accurate prediction of the contribution of all the segments to the growth of the egg powder market size and actionable market insights on post COVID-19 impact on each segment.
Market Research Overview
The demand for powdered ingredients, especially from poultry farms, has been rising due to their nutritional benefits and long shelf-life. Zinc and other essential vitamins are increasingly added to functional foods and food & beverage products, catering to a health-conscious audience. As consumers prioritize nutrient-rich options, protein powder and protein bars have gained popularity, aligning with the growing fitness trend. In response to dietary choices like lactose-free and plant-based alternatives, manufacturers are innovating with powder production processes like spray drying to maintain high-quality standards.
Price volatility and feed prices fluctuations have affected supply chains, making it crucial for companies to explore food alternatives that are both cost-effective and environmentally friendly. Healthy bakery products, including fat-free and healthy bakery items, are meeting the growing demand for low-fat and weight management solutions. As consumers embrace natural ingredients and dried products, the market for bakery products and other food items continues to evolve.
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Egg Powder Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.63% |
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Market growth 2022-2026 |
58.87 th tons units |
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Market structure |
Fragmented |
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YoY growth (%) |
4.27 |
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Regional analysis |
North America, APAC, Europe, MEA, and South America |
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Performing market contribution |
APAC at 40% |
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Key consumer countries |
US, Japan, China, Canada, and France |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Adriaan Goede BV, Caneggs, Derovo Group, Ovobel Foods Ltd., Prime One Capital LLC, Rembrandt Foods, SKM EGG Products Exports India Ltd., UkrLandFarming, Van Beek Group BV, and Wulro Food Group BV |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Egg Powder Market Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive egg powder market growth during the next five years
- Precise estimation of the egg powder market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the egg powder industry across North America, APAC, Europe, MEA, and South America
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of egg powder market vendors
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