Enjoy complimentary customisation on priority with our Enterprise License!
The egg protein market share is expected to increase to USD 7.95 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.05%.
This egg protein market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers egg protein market segmentation by type (whole egg protein, egg yolk protein, and egg white protein) and geography (North America, APAC, Europe, South America, and Middle East and Africa). The egg protein market report also offers information on several market vendors, including Designer Wellness Inc., EUROVO Srl, Farm Pride Foods Ltd., GF Ovodry Spa, HiMedia Laboratories Pvt. Ltd., IGRECA, Interovo Egg Group BV, Jiangsu Kangde Eggs Co. Ltd., Kewpie Corp., Lodewijckx NV, Merck KGaA, NOW Health Group Inc., Rembrandt Foods, Rose Acre Farms, Symrise AG, Taiyo Kagaku Co. Ltd., Ukrlandfarming PLC, Van Beek Group BV, VH Group, and Wulro Food Group BV among others.
Download the Free Report Sample to Unlock the Egg Protein Market Size for the Forecast Period and Other Important Statistics
The health benefits of egg protein is notably driving the egg protein market growth, although factors such as stringent regulations 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 protein industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Egg Protein Market Driver
One of the key factors driving the global egg protein industry growth is the health benefits of egg protein. Egg protein is a protein powder that is equally affordable, effective, and tasty. Some benefits the egg protein include are the following:
The market for dietary supplement products is growing owing to rising consumer interest in leading a healthy and active lifestyle and focusing on preventative healthcare. Thus, rising consumer expenditure on nutritional supplements and increasing production and consumption of dietary supplements will propel market growth.
Key Egg Protein Market Trend
Favorable increase in sports and fitness activities is one of the key egg protein market trends that is expected to impact the industry positively in the forecast period. Many people opt for daily exercises owing to increasing work schedules, the prevalence of health issues, and surging awareness of healthy lifestyles. Regular playing and working out helps burn calories and stay fit, thereby helping in preventing many health issues. As egg protein powder is considered complete, thus it helps them gain muscle mass quickly. The world obesity rates are increasing, and consumers are becoming increasingly conscious and taking precautionary health measures such as enrolling in sports academies and fitness clubs. Thus, the growing awareness of a healthy lifestyle will support the market growth in the forecast years.
Key Egg Protein Market Challenge
One of the key challenges to the global egg protein industry growth is the stringent regulations that pertain to permits and import-export regulations, product labeling, and product launches and expiry dates. In the US, it is the FDA, while in the European Union, it is the European Food Safety Authority (EFSA), and in India, it is the Food Safety and Standards Authority of India (FSSAI). For example, in the US, the manufacture and sale of dairy products, including eggs, must undergo strict documentation and registration. The import of dairy products must comply with the APHIS and US FDAs requirements, and such products cannot be imported without the prior approval of the US FDA. Other factors such as the differences in the rules and standards make it difficult for vendors to trade internationally, which may also hinder the market growth during the forecast period.
This egg protein 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.
Technavio categorizes the global egg protein market 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 protein market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the egg protein market encompasses successful business strategies deployed by the key vendors. The egg protein market is fragmented and the vendors are deploying growth strategies such as investments in R&D and marketing to compete in the market.
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 protein 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.
Our report provides extensive information on the value chain analysis for the egg protein 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.
For more insights on the market share of various regions Request for a FREE sample now!
40% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for egg protein in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The increase in consumers' awareness about the benefits of leading healthy and active lifestyles, eating well, and exercising regularly will facilitate the egg protein market growth in APAC 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
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 which, there was an increase in home delivery services for food and beverage products by e-commerce portals that helped in maintaining the demand for egg protein in the region. In 2021, the regional government started the vaccination drive and also lifted lockdowns and travel restrictions, which resulted in the resumption of offline stores and online delivery of foods gradually. Such trends are expected to boost the growth of the regional egg protein market during the forecast period.
To gain further insights on the market contribution of various segments Request for a FREE sample
The egg protein market share growth by the whole egg protein segment will be significant during the forecast period. Egg protein powder can be used in place of eggs in baking recipes on a gram-for-gram basis, or 1/4 cup of egg protein powder can be used in place of one entire egg. Whole egg protein is considered complete since it contains all essential amino acids in sufficient amounts to suit the body's needs, and it is similar to whey and other animal-based proteins in this regard. These advantages will boost whole egg protein consumption and, as a result, market growth in the forecast years.
This report provides an accurate prediction of the contribution of all the segments to the growth of the egg protein market size and actionable market insights on post COVID-19 impact on each segment.
Egg Protein Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.05% |
Market growth 2022-2026 |
$ 7.95 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.19 |
Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 40% |
Key consumer countries |
US, Canada, China, India, and France |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Designer Wellness Inc., EUROVO Srl, Farm Pride Foods Ltd., GF Ovodry Spa, HiMedia Laboratories Pvt. Ltd., IGRECA, Interovo Egg Group BV, Jiangsu Kangde Eggs Co. Ltd., Kewpie Corp., Lodewijckx NV, Merck KGaA, NOW Health Group Inc., Rembrandt Foods, Rose Acre Farms, Symrise AG, Taiyo Kagaku Co. Ltd., Ukrlandfarming PLC, Van Beek Group BV, VH Group, and Wulro Food Group BV |
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 |
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. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.