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The Egg Processing Equipment Market size is estimated to grow by USD 95.85 million from 2022 to 2027 and the market’s growth momentum will accelerate at a CAGR of 3.32%. The growth of the market depends on several factors such as the reduced risk of contamination, the wide range of applications of egg in various industries, and the government support driving the increase in egg production.
It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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Our analysis of the life cycle of the market indicates a movement from the innovator’s stage to the laggard’s stage. The report illustrates the lifecycle of the market, focusing on the adoption rates of the major countries including the US, Canada, China, Japan, and France. Technavio has included key purchase criteria, adoption rates, adoption lifecycles, and drivers of price sensitivity to help companies evaluate and develop growth strategies from 2022 to 2027.
Global Market Customer Landscape
The innovative features and user interfaces are notably driving the market growth, although factors such as growing demand for the shift in consumer preferences toward vegan food may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Driver
Significant Trend
Major Challenge
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Actini - The company offers Ovocompact, Ovoline, and Ovoflash. Also, The company designs, manufactures, and installs equipment for flow heat treatment used in the food-processing and biopharmaceutical industries.
Khalidmajeed - The company provides a variety of equipment such as centrifuges and filters, pasteurization lines, and storage and filling lines. The company provides a diverse range of solutions for poultry, silos for feed mills, and flour mills.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market players, including:
The report offers, clients a deeper understanding of the market and its players through a combined qualitative and quantitative analysis of the vendors. The analysis classifies vendors into categories based on their business approach, including pure-play, category-focused, industry-focused, and diversified. Vendors are specially categorized into dominant, leading, strong, tentative, and weak to understand the dos and don’ts of business which in turn can help a client make the best decision.
The market share growth by the liquid egg product segment will be significant during the forecast period. The liquid egg products segment showed a gradual increase in market share with USD 212.55 million in 2017 and continued to grow by 2021. Liquid egg products are becoming increasingly popular in many food service establishments. Liquid egg products include liquid egg whites, liquid egg yolks, and various blends of egg whites and yolks. These products are also used as ingredients in food products such as confectioneries, cakes, mayonnaise, desserts, ice cream, puddings, meringues, and others.
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Liquid egg products usually have a shelf life of 2-6 days. Ultra-pasteurization and aseptic packaging are used to extend the shelf life of liquid egg products. Salt is also added to increase the shelf life as salt acts as a preservative. Sugar is also added for processing liquid egg products, as sugar helps retain moisture and prevent crystallization. One of the other benefits of liquid egg products is that they require less storage space than fresh eggs; they require 60% less storage space than fresh eggs. Furthermore, our report provides a brief analysis of the historical and forecast market share and their segments along with the reasons for growth from 2017 to 2027.
North America is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The US is one of the largest egg-producing nations in the world. Some of the states in the US where eggs are produced are Iowa, Ohio, Indiana, Pennsylvania, Texas, Georgia, and others. The increase in egg production in countries like the US, Canada, and Mexico and the rise in the number of egg processing plants are driving the market.
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the market growth and trends opportunities from 2017 to 2027.
The market is witnessing growth due to the increasing demand for processed egg like liquid eggs and frozen egg whites in the food industry. As the global population grows and urbanization accelerates, there is a greater need for efficient packaging and processing solutions to meet the demand for ready-to-eat (RTE) meals.
To keep up with demand, companies are investing in advanced egg breaking and separating machines to streamline production processes. These machines are essential for handling raw eggs and processing them into various processed eggs. Additionally, advancements in breeding techniques have led to the development of specialized bird breeds that are highly productive, further contributing to the efficiency of egg production.
As the industry evolves, there is a focus on quality and sustainable solutions. Expert management practices combined with technological advancements ensure that the egg processing industry can meet the demands of a growing market while maintaining high standards of quality and efficiency.
Egg Processing Equipment Market Scope |
|
Report Coverage |
Details |
Page number |
165 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.32% |
Market growth 2023-2027 |
USD 95.85 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
2.2 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 34% |
Key countries |
US, Canada, China, Japan, and France |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
ACTINI SAS, Big Dutchman AG, Dion Ltd., Egg Machine, EUROVO Srl, Interovo Egg Group BV, Khalid Majeed Group of Co., Midwest BRD Inc., Moba Group B.V., OVO TECH Sp. z o.o., Ovobel Foods Ltd., OVOCONCEPT, Sanovo Technology Group, SPX FLOW Inc., SSP Pvt. Ltd., Van Beek Group BV, Zenyer Egg Machinery Co. Ltd., and Zhengzhou Allance Trading Co. Ltd. |
Market dynamics |
Parent market analysis, Market forecasting, 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 the market forecast period |
Customization purview |
If our market research report has not include the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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