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2024

Egg Powder Market

Egg Powder Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by End User, by Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: Samriddhi Chauhan | Roshan Deshmukh
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Egg Powder Market Research, 2032

The global Egg Powder Market Size was valued at $923.7 million in 2022, and is projected to reach $1.5 billion by 2032, growing at a CAGR of 5.1% from 2023 to 2032.

Egg Powder Market

Egg powder is a fully dehydrated egg. It is made using a spray drying process, such as how powdered milk is made. Egg powder has a similar texture to milk powder and retains most of the nutrients found in fresh eggs, such as calcium and protein.

The growth in demand for convenient and long shelf-life ingredients stands as a pivotal driver propelling the egg powder market. In an era marked by hectic lifestyles and change in consumer preferences, there is a pronounced shift toward ingredients that offer both convenience and extended product longevity. Egg powder, derived from dehydrated eggs, perfectly aligns with this demand, providing a stable alternative to fresh eggs that are easy to store and transport. This characteristic is particularly advantageous for manufacturers across diverse industries, including food & beverage, as it enhances the efficiency of production processes and minimizes the challenges associated with perishability.

Consumers, seeking flexibility in their culinary activities and a reduction in food waste, are increasingly turning to egg powder as a versatile solution. The convenience of having a readily available egg ingredient without the constraints of refrigeration fosters its integration into a wide array of food formulations, ranging from baked goods to processed food. As a result, the growth in preference for ingredients that offer both convenience and prolonged shelf life is a compelling force driving the expansion of the egg powder market on a global scale.

Furthermore, the rise in awareness of the nutritional benefits of egg powder constitutes a pivotal driver propelling its market growth. Eggs, in their dehydrated form, have increasingly been recognized as a nutrient-rich source, packed with high-quality protein, essential vitamins, and minerals. Consumers have become more health-conscious, actively seeking products that align with their nutritional goals. Egg powder, being a concentrated and versatile source of nutrients, caters to this demand, especially in regions where awareness of a protein-rich diet has gained prominence.

The awareness of nutritional benefits of egg powder extends beyond protein content, encompassing essential vitamins such as B12, riboflavin, and minerals such as iron and zinc. This knowledge positions egg powder as a wholesome ingredient in a variety of food formulations, meeting the dietary needs of health-conscious consumers.  The recognition of egg powder as a nutritionally dense and convenient option is expected to continue driving its market growth in diverse culinary applications as dietary preferences evolve and consumers prioritize functional foods.

In addition, the growth in demand for protein supplements stands out as a pivotal driver propelling the egg powder market. Consumers have actively sought protein-rich dietary options, driving the popularity of protein supplements with an increase in emphasis on health and fitness. Egg powder, particularly egg white powder, has gained prominence as a natural and high-quality protein source. Its low-fat content and complete amino acid profile make it an attractive choice for individuals focused on muscle development, weight management, and overall well-being.

 The egg powder market benefits from being a versatile ingredient in protein supplements, protein bars, and shakes as fitness trends continue to influence dietary choices. The convenience of incorporating egg powder into these formulations aligns with the on-the-go lifestyle of modern consumers. This trend is expected to persist as health-conscious individuals increasingly recognize the nutritional value and efficacy of egg powder as a key component in meeting their protein intake goals.

However, there are some significant restraints affecting the egg powder market one among them is the vulnerability of its supply chain and the associated price volatility. Factors such as seasonal variations in egg production, disease outbreaks impacting poultry farms, and fluctuations in feed prices can disrupt the steady supply of eggs, consequently influencing the cost of egg powder production. These uncertainties can pose challenges for market players in maintaining a consistent and cost-effective supply, impacting their ability to meet market demands. In addition, global factors, such as weather-related events or geopolitical issues affecting trade, can further contribute to the unpredictability of the egg powder supply chain, making it a notable constraint for industry stakeholders.

Furthermore, while egg powder is a versatile ingredient, some individuals may have allergies to egg proteins, limiting the potential consumer base. The prevalence of allergens and the need for clear labeling in food products pose challenges for manufacturers to address diverse dietary requirements. Moreover, the increase in popularity of plant-based alternatives among consumers following vegetarian or vegan diets poses a constraint, as egg powder, being an animal-derived product, may not align with the preferences of this growing demographic. Navigating these allergenic and dietary considerations requires strategic product development and effective communication to ensure market inclusivity and compliance with evolving consumer preferences.

Segmental

The egg powder market is segmented on the basis of type, end user, distribution channel and region. On the basis of type, the market is segmented into whole egg powder, egg yolk powder, and egg albumen powder. On the basis of end user, the market is segmented into food & beverage, nutraceutical, pharmaceutical, personal care cosmetics, and animal feed. Based on distribution channel, it is categorized into hypermarkets/supermarkets, specialty stores, online sales channel, and business to business. Based on region, the market is categorized into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa

By Type

Egg Powder Market by Type

Based on type, the whole egg powder segment dominated the global market in the year 2022 and is likely to remain dominant during the forecast period. This is attributed to the versatility of whole egg powder makes it a preferred choice in various applications, especially in the bakery and confectionery industry, contributing to its widespread demand. In addition, the stability of whole egg powder during storage and transportation enhances its appeal, addressing logistical challenges in the supply chain. The segment's robust growth is further fueled by the rising demand for nutritious and convenient food products, aligning with consumer preferences for healthier options. Overall, the whole egg powder's dominance reflects its adaptability, shelf-stability, and nutritional value, positioning it as a key player in the global market landscape.

By End User

Egg Powder Market by End User

Based on end user, the food & beverage segment dominated the global market in the year 2022 and is likely to remain dominant during the forecast period. This dominance can be attributed to several key factors. Firstly, the rising consumer demand for convenient and nutritionally enriched food products fueled the adoption of egg powder by the food & beverage industry. Secondly, the versatility of egg powder in various culinary applications, ranging from bakery to savory dishes, contributed to its widespread utilization by food and beverage manufacturers. Additionally, the ease of storage and longer shelf life of egg powder align with the industry's need for efficient and cost-effective ingredients.

Moreover, the COVID-19 pandemic, while impacting the market overall, highlighted the importance of food safety and longer shelf life, further boosting the preference for egg powder in the food & beverage sector. As the industry continues to evolve, the food & beverage segment is poised to maintain its dominance, driven by the continual innovation of egg powder applications, meeting consumer demands for both convenience and nutrition.

By Distribution Channel

Egg Powder Market by Distribution Channel

Based on distribution channel, the hypermarkets/supermarkets segment dominated the global market in the year 2022 and is likely to remain dominant during the forecast period. The prevalence of hypermarkets and supermarkets can be attributed to several factors. Firstly, these retail giants offer a diverse range of food products, attracting a vast consumer base. The convenience of one-stop shopping further enhances their appeal. Secondly, the egg powder market witnessed increased demand due to its versatile applications in various culinary preparations, bakery items, and processed foods. Hypermarkets and supermarkets efficiently cater to this demand by providing a platform for consumers to access a wide array of products, including egg powder.

Moreover, these establishments often collaborate with multiple suppliers, ensuring a consistent and diverse supply of egg powder. The COVID-19 pandemic further emphasized the significance of reliable and easily accessible distribution channels, prompting consumers to prefer established retail outlets. The dominance of hypermarkets/supermarkets reflects the consumer preference for convenient and well-stocked retail spaces, influencing the market dynamics and positioning this segment as a key player in the global egg powder distribution landscape.

By Region

Egg Powder Market by Region

Based on region, the Asia-Pacific region dominated the global market in the year 2022 and is likely to remain dominant during the forecast period. The Asia-Pacific region houses a substantial portion of the world's population, leading to increased demand for diverse food products, including egg powder. Additionally, a growing awareness of the nutritional benefits of eggs, coupled with a rising inclination toward convenient and shelf-stable food options, has fueled the Egg Powder Market Demand in the region.

Furthermore, the Asia-Pacific region boasts a robust agricultural sector, providing a steady and reliable source of eggs for processing into powder form. The region's economic Egg Powder Market Growth and development have also contributed to increased consumer purchasing power, driving the consumption of value-added food products like egg powder.

Amidst the challenges posed by the COVID-19 pandemic, the Asia-Pacific region demonstrated resilience in maintaining its dominance in the egg powder market, showcasing the adaptability and strength of its food industry. As a result, the Egg Powder Market Forecast suggests a continued stronghold of the Asia-Pacific region in the global egg powder market, underlining its pivotal role in shaping the industry landscape.

Competition Analysis

The players operating in the global malted milk market have adopted various developmental strategies to increase their Egg Powder Market Share, gain profitability, and remain competitive in the market. The key players included in the Egg Powder Industry analysis are Kewpie Corporation, Sanovo Technology Group, Pulviver, Ovostar Union N.V., Rembrandt Foods, Adriaan Goede BV, Bouwhuis Enthoven BV, Ovodan, SKM Egg Products Export (India) Ltd., Eurovo Group,   Ovobel Foods Limited, and Actini Group.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the egg powder market analysis from 2022 to 2032 to identify the prevailing egg powder market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the egg powder market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global egg powder market trends, key players, market segments, application areas, and market growth strategies.

Egg Powder Market Report Highlights

Aspects Details
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Market Size By 2032

USD 1.5 billion

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Growth Rate

CAGR of 5.1%

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Forecast period

2022 - 2032

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Report Pages

300

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By Type
  • Whole Egg Powder
  • Egg Yolk Powder
  • Egg Albumen Powder
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By End User
  • Food and Beverage
  • Nutraceutical
  • Pharmaceutical
  • Personal Care and Cosmetics
  • Animal Feed
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By Distribution Channel
  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Online Sales Channel
  • Business to Business
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (UK, Germany, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, India, Japan, South Korea, Australia, Rest of Asia-Pacific)
  • Latin America  (Brazil, Argentina, Rest of Latin America)
  • Middle East and Africa  (South Africa, Saudi Arabia, Rest of Middle East And Africa)
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Key Market Players

H&B Oil Center Company, Kewpie Corporation, The Kerfoot Group Limited, Innisfree, The Good Scents Company, K.K Enterprisers, Organic Pure Oil, The Jojoba Company, Sunrise Agriland Development and Research Private Limited, Au Natural Organics

Key Market Players

Ballas Egg Products Corporation, Oskaloosa Food Products, Kewpie Corp., IGRECA, Eierhandel Wulro B.V., Farm Pride Food Ltd., Bouwhuis Enthoven BV, Deb-EL Foods, Adriaan Goede BV, Pulviver, EGGWAY International Asia Pvt. Ltd.

Analyst Review

The global egg powder market has witnessed substantial growth, driven by a myriad of factors that range from the rising consumer demand for convenient and shelf-stable food products to the increase in awareness of the nutritional benefits associated with eggs.  It presents both challenges and opportunities for stakeholders across the supply chain as the market continues to evolve.

One prominent trend shaping the egg powder market is the growth in popularity of egg-based products in the food industry. The versatility of egg powder in various applications, including bakery, confectionery, and ready-to-eat meals, is fueling its adoption among food manufacturers. In addition, the surge in demand for protein-rich diets has positioned egg powder as an attractive ingredient, given its high protein content and ease of incorporation into diverse recipes.

Despite the promising growth, the egg powder market faces challenges such as price volatility and supply chain disruptions. Fluctuations in egg prices, influenced by factors such as avian influenza outbreaks and feed costs, impact the production costs of egg powder. Moreover, the supply chain is vulnerable to geopolitical and environmental factors, leading to potential disruptions in the availability of raw materials.

Innovations in processing technologies have opened new avenues for market players. Advanced drying techniques, such as spray drying and freeze drying, contribute to improved product quality and extended shelf life. In addition, the rise in trend of plant-based alternatives presents an opportunity for egg powder manufacturers to explore innovative formulations that cater to the growing segment of health-conscious and environmentally aware consumers.

Author Name(s) : Samriddhi Chauhan | Roshan Deshmukh
Frequently Asked Questions?

The global egg powder market was valued at $923.7 million in 2022, and is projected to reach $1.5 billion by 2032, growing at a CAGR of 5.1% from 2023 to 2032.

The egg powder market is type, end user, distribution channel and region. 2023-2032 would be the forecast period in the market report.

The whole egg powder segment held the largest market share in 2022, and the strawberry segment is expected to grow at the fastest rate during the forecast period. $923.7 million is the market value of the egg powder market in 2022.

The egg powder market is analyzed across North America, Europe, Asia-Pacific, LA and MEA. 2022 is the base year calculated in the Egg powder market report.

The top companies that hold the market share are Kewpie Corporation, Sanovo Technology Group, Pulviver, Ovostar Union N.V., Rembrandt Foods, Adriaan Goede BV, Bouwhuis Enthoven BV, Ovodan.

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Egg Powder Market

Global Opportunity Analysis and Industry Forecast, 2023-2032