Global Processed Eggs Market Size, Share, and COVID-19 Impact Analysis, By Type (Dried, Liquid, and Frozen), By End-use (Food processing and manufacturing, Food services, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

Industry: Food & Beverages

RELEASE DATE Mar 2024
REPORT ID SI3822
PAGES 200
REPORT FORMAT PathSoft

Global Processed Eggs Market Insights Forecasts to 2033

  • The Global Processed Eggs Market Size was Valued at USD 35.1 Billion in 2023.
  • The Market Size is Growing at a CAGR of 3.91% from 2023 to 2033.
  • The Worldwide Processed Eggs Market Size is Expected to Reach USD 51.5 Billion by 2033.
  • Asia-Pacific is expected to Grow the fastest during the forecast period.

 

Global Processed Eggs Market

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The Global Processed Eggs Market Size is Expected to Reach USD 51.5 Billion by 2033, at a CAGR of 3.91% during the forecast period 2023 to 2033.

 

Processed egg is the processed form of egg yolk and egg white part of the egg. According to the Commission Regulation EC No.853/2004, processed egg products are defined as ‘the processed products resulting from the processing of eggs, or various components or mixtures of eggs, or from the further processing of such processed products’. The procedure of processed egg manufacturing involves the removal of egg shells, and handling liquid egg product (filtration, blending, and mixing), followed by cooling, pasteurizing, drying/freezing, and packaging & storage. The widespread application of processed eggs in baked products, confectionery, sauces, dressings, spreads, and personal care products led to growth opportunity for global processed egg market. To meet the nutritional needs of human societies, eggs have been used as a source of essential nutrients, thus broadens scope of applications. It is a low-cholesterol, high-protein variety and allergy-friendly food product that is beneficial for fitness enthusiasts and health-conscious individuals. These processed egg products are available in liquid, frozen, and dried forms. Recent research is focusing on alternative stabilization technology as egg products are prone to bacterial decontamination easily due to high heat sensitivity.  These egg products can be used for individuals who are allergic to wheat protein. However, the rising adoption of a vegan diet, affecting the market growth of processed egg products.

 

Report Coverage

This research report categorizes the market for global processed egg market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global processed egg market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the global processed egg market.

 

Global Processed Eggs Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 35.1 Billion
Forecast Period:2023 - 2033
Forecast Period CAGR 2023 - 2033 :3.91%
2033 Value Projection:USD 51.5 Billion
Historical Data for:2019 - 2022
No. of Pages:200
Tables, Charts & Figures:110
Segments covered:By Type, By End-use, By Region
Companies covered:: Cal-Marine Foods Inc., Actini Group, Avril SCA, Igreca S. A., Interovo Egg Group B.V., Rose Acre Farms, Ballas Egg Products Corporation, Rembrandt Enterprises Inc., Bouwhuis Enthoven BV, Sanovo Technology Group, Moba B.V., Tyson Foods Inc., SKM Egg Products Exports, Dakota Layers, Glon Group, Others, and
Pitfalls & Challenges:COVID-19 Empact, Challenges, Future, Growth, & Analysis

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Driving Factors

The growing consumer preference towards innovative and new varieties of food products such as bakery products demands for processed egg products. Changing lifestyle of people, increasing demand for comfort food is fulfilled by processed eggs with additional nutritional values. Egg protein can be replaceable with wheat protein as it provides potential health benefits similar to wheat protein powder. Egg white protein is considered a healthy product providing extra protein for the obesity concerned individuals neglecting unnecessary cravings. People have started eating healthy food to lower the risk of getting chronic diseases such as cancer and cardiac conditions in their sedentary lifestyle, thus increasing demand for protein supplements in the form of egg protein. Hence, these factors are responsible for driving the global processed egg market. 

 

Restraining Factors        

Realization of abundant health benefits, ethical values and environmental sustainability associated with veganism among the people led to the adoption of a vegan lifestyle, which in turn hindering the growth of the processed egg market. The availability of processed egg-substituted products such as yogurt, non-fat dried milk, and vegetable oils hinders the global processed egg market. 

 

Market Segmentation

The global processed egg market share is classified into type and end-user.

By Type Insights

  • The dried egg product segment dominates the market with the largest revenue share over the forecast period.

On the basis of type, the processed egg market is segmented into dried egg products, liquid egg products and frozen egg products. Among these, the dried egg segment is dominating the market with the largest revenue share over the forecast period. Dried egg products have more advantageous factors over other product types due to their ease of transportation, handling, and storage. The powder form always has longer shelf life than other forms of products, because it is microbiologically safe. In addition, the shelf life can be extended up to a year when refrigerated. Dried egg product reconstitute easily by mixing with water, and has same nutritional value and functional properties as fresh egg yolks.

 

By End-use

  • The food industry segment is witnessing significant CAGR growth over the forecast period.

On the basis of end-user, the global processed egg market is segmented into food processing and manufacturing, food services and retail. Among these, the food processing and manufacturing segment is witnessing significant growth over the forecast period. Food processing and manufacturing is further bifurcated into processed food and ready meals, bakery and confectionary, dietary supplements and others. Processed egg products has widespread application in food industry such as baking, pasta production, sauces and dressings, which in turn escalates the demand for processed eggs. Consumer preference towards variety of protein-rich food products propel the global processed egg market. There is a rise in the sales of processed eggs in the beverage industry as well.

 

Regional Insights

North America dominates the market with the largest market share over the forecast period.

 

Global Processed Eggs Market

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North America is dominating the market with the largest market share over the forecast period. This is because the consumer are inclining towards the protein rich and health beneficiary products. The beneficiary effects of egg on skin and hair increasing market growth of processed egg in personal care and cosmetic industry. There is diverse range of processed egg products available in North America. Furthermore, the rising prevalence of hectic lifestyles and the growing number of consumers seeking meals that meet their health needs, combined with the thriving business of bakeries in the United States, are expected to significantly contribute to regional market growth.

 

Asia-Pacific is expected to grow the fastest during the forecast period. Consumers of Asia-Pacific region prone to adopt healthy lifestyle, thus inclining towards health beneficiary products. Awareness about the health beneficiary effects of egg protein increasing demand for processed egg products. The rising population, rapid urbanization and increasing awareness about the nutritional aspects of processed eggs in Asia-Pacific region escalating the global processed egg market. Furthermore, an increasing number of sports person and athletes from China, Japan and India, increasing demand for protein rich healthy products that led to processed egg market.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global processed egg market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market

 

List of Key Market Players

  • Cal-Marine Foods Inc.
  • Actini Group
  • Avril SCA
  • Igreca S. A.
  • Interovo Egg Group B.V.
  • Rose Acre Farms
  • Ballas Egg Products Corporation
  • Rembrandt Enterprises Inc.
  • Bouwhuis Enthoven BV
  • Sanovo Technology Group
  • Moba B.V.
  • Tyson Foods Inc.
  • SKM Egg Products Exports
  • Dakota Layers
  • Glon Group
  • Others

 

Recent Developments

  • In October 2021, Cal-Maine invests in specialty egg products venture MeadowCreek Foods, LLC., a new egg product manufacturing company. The new entity focuses on hard-cooked and extended shelf-life egg products.
  • In July 2022, Strategic alliance between Ovotrack and SANOVO. SANOVO Technology Group decided and agreed with the management of Ovotrack on a strategic investment in Ovotrack Holding BV, global supplier of traceability and inventory management solutions for egg grading centers, processing plants and hatcheries.  

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the global processed egg market based on the below-mentioned segments:

 

Processed Egg Market, Type Analysis

  • Dried egg products
  • Liquid egg products
  • Frozen egg products

 

Processed Egg Market, End-use Analysis

  • Food processing and manufacturing
  • Food services
  • Retail

 

Processed Egg Market, Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1.What is the market size of the Global Processed Egg Market?
    The Global Processed Egg Market is expected to grow from USD 35.1 Billion in 2023 to USD 51.5 Billion by 2033, at a CAGR of 3.91% during the forecast period 2023-2033.
  • 2.Which region is dominating the Global Processed Egg market?
    North America is dominating the Global Processed Egg market.
  • 3.Which are the key companies in the market?
    Cal-Marine Foods Inc., Actini Group, Avril SCA, Igreca S. A., Interovo Egg Group B.V., Rose Acre Farms, Ballas Egg Products Corporation, Rembrandt Enterprises Inc., Bouwhuis Enthoven BV, Sanovo Technology Group, Moba B.V., Tyson Foods Inc., SKM Egg Products Exports, Dakota Layers, Glon Group and Others.

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