Egg Powder Market Trends, Size, Share & Forecast
Egg Powder Market
The Egg Powder Market is predicted to reach USD 1583 million by 2027, exhibiting a CAGR of 4.3% over the forecast period (2020-2027).
The factors driving the growth of Egg Powder Market includes growing demand for dairy and confectionary food products, rising consumers inclination towards adopting healthy lifestyles and increasing number of fitness centers and gyms around the world. According to the report published by Statista, the Global Dairy Market was valued around USD 871 billion in 2021 and is projected to reach USD 1,128 billion by the end of 2026, which will boost the Global Egg Powder Market in the approaching years. Moreover, the increasing application of egg powder in the cosmetic and pet food products, expansion of the Animal Feed Industry, High shelf-life of egg powder and rising awareness about the benefits of consuming white eggs, are some of the additional factors supplementing the Egg Powder Market size. In addition, the growing concerns about food-borne illnesses associated with the consumption of raw eggs, rise in the launch of innovative products, increasing investments by the leading players on research and development and rapid urbanization, are further contributing to the market growth.
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However, the growth of Egg Powder Market is hindered owing to variations in the prices of raw materials.
The leaden players operating in the acre are Pulviver, Wulro BV, Agroholding Avangard, Adriaan Goede BV, Rose Acre Farms, Rembrandt Enterprises Inc., Ovostar Union N.V., Deb-El Foods, Sanovo Egg Group, and Ovobel Foods Limited, among others.
Type: Segment Analysis
Based on Type, the Whole Egg Powder segment is expected to expand at a remarkable CAGR during the forecast period attributed to its increasing use in baking cakes and increasing awareness about the nutritional benefits of whole egg powders.
End Use: Segment Analysis
Based on End Use, the Bakery segment is estimated to capture the largest market share over the forecast period. The increasing use of egg powders in the bakeries because it requires less storage space, easy to transport along with its high shelf-life features, are some of the factors responsible for the segment’s growth.
Regional: Segment Analysis
Based on Region, the North American region is anticipated to hold the highest market share during the forecast period. Rise in the number of bakeries, increasing demand for packaged food products, easy avail ability of egg powders on online platforms, growing emphasis on adopting healthier lifestyle, high per capita incomes and improved living standards, are some of the important factors augmenting the market growth in North America.
Market Segmentation
Global Egg Powder Market by Type
Whole Egg Powder
Egg Yolk Powder
Egg Albumen Powder
Global Egg Powder Market by End Use
Food & BeveragesBakery
Dairy & Frozen Desserts
Beverages
Functional Food & Beverages
Others
Personal Care & Cosmetics
Nutraceuticals & Pharma
Animal Feed & Pet Food
Global Egg Powder Market by Region
Asia PacificChina
Japan
India
Rest of APAC
North AmericaUnited States of America
Canada
EuropeUnited Kingdom
Germany
France
Spain
Rest of Europe
RoWBrazil
South Africa
Saudi Arabia
UAE
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