Allied Market Research

2024

Eggs And Egg Products Market

Eggs and Egg Products Market Size, Share, Competitive Landscape and Trend Analysis Report by Product Type (Whole Egg, Egg Powder, Liquid Egg, Egg White, Frozen Egg, Egg Yolk, Others), by End Use Industry (Food and Beverage, Personal Care and Cosmetics, Animal Feed, Pharmaceutical, Food Service, Others) by Category (Conventional, Organic) : Global Opportunity Analysis and Industry Forecast, 2022-2032

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Author's: | Roshan Deshmukh
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Eggs and egg product is a range of food products derived from eggs, which can be broadly categorized into three types: shell eggs, liquid eggs, and processed egg products. Shell eggs refer to eggs sold in their natural form, with the shell intact. Liquid eggs are eggs that have been processed and packaged in liquid form, while processed egg products include various forms of egg powders, such as egg white powder, egg yolk powder, and whole egg powder. Eggs and egg products are widely used in the food industry due to their high protein content, versatility, and cost-effectiveness. The food industry uses these products in a range of applications, including bakery products, confectionery, dairy products, and other food products. Eggs and egg product is also widely used in food processing due to their unique emulsifying and binding properties, which help improve the texture, stability, and consistency of food products.
The global market for eggs and egg products is expected to continue growing in the coming years, driven by several factors such as increasing demand for high-protein food products, changing dietary habits, and rising health consciousness among consumers. For instance, in the U.S., the Department of Agriculture (USDA) reported that the per capita consumption of eggs in the country increased from 258.2 to 289.2 eggs per year between 2010 and 2019 and in the year 2020, it was 279.1 eggs per person per year The USDA also noted that the demand for liquid eggs and egg products in the U.S. food service sector has been steadily increasing due to their convenience, longer shelf life, and ease of use in food processing. The market is highly competitive, with several established and emerging players competing for market share. Companies in the industry are constantly innovating to develop new and improved egg products that meet consumer demand for healthier and more sustainable food options.
Despite its growth potential, The eggs and egg products industry is facing several challenges, including fluctuating egg prices, changing regulations related to animal welfare and food safety, and increasing competition from alternative sources of protein. For instance, according to the latest USDA data from February 2023, the wholesale price for a dozen grade A large eggs in the U.S. is averaging around $1.09, up from $0.91 in January 2022. This variability in egg prices can make it challenging for producers to forecast revenue and manage costs. Moreover, Governments globally continue to introduce new regulations and standards to protect animal welfare and ensure food safety. In the U.S., the FDA's Egg Safety Rule requires that egg producers implement measures to prevent Salmonella contamination, such as testing, refrigeration, and sanitation protocols. Meanwhile, increasing demand for plant-based alternatives to traditional animal products is affecting the egg industry's competitiveness. In the U.S., the plant-based egg market's retail sales grew by 18% in 2021, according to a report by the Good Food Institute.
However, The growing demand for free-from, organic, and plant-based products is creating an opportunity for innovation and market expansion in the eggs and egg products industry. As consumers become more health conscious and environmentally aware, they are increasingly seeking out alternatives to traditional eggs and egg products that are free from allergens, hormones, antibiotics, and other specific ingredients. This trend is leading to the development of new products in the industry, such as plant-based egg substitutes and organic or antibiotic-free eggs, which offer consumers more options for healthier and more sustainable food choices.
The use of new technology and production methods, such as automation and precision farming, is revolutionizing the eggs and egg products market by improving efficiency and reducing costs for producers. Major players in the eggs and egg products industry are adopting advanced technology and innovative production methods such as robotics and precision farming to improve efficiency, reduce costs, and minimize environmental impact. These investments are expected to drive further innovation and market expansion in the industry, as producers seek to meet growing consumer demand for healthier and more sustainable food options.
Key development and new launches of the eggs and egg products market.
  • In 2022, UK-based Noble Foods launched a high-protein egg snack, "Egg Bite", aimed at the health-conscious snacking market.
  • In 2021, French egg producer, Matines, signed a partnership agreement with French agri-tech firm, InnovaFeed, to produce insect-based animal feed, improving the sustainability of egg production.
  • In 2020, Nestle launched its plant-based egg substitute, "Vegan Sunny Side Up", made from mung beans and developed by its subsidiary, Sweet Earth.
  • In 2019, American egg producer, Cal-Maine Foods, acquired all the assets of Featherland Egg Farms, Inc., expanding its operations in Texas and Oklahoma.

Segment overview:
By product type: The eggs and egg products market is segmented into whole egg, egg powder, liquid egg, egg white, frozen egg, egg yolk, and others. Egg powder is the dominating product type in the eggs and egg product market. Egg powder is widely used as an ingredient in various food products due to its long shelf life and easy handling. Egg powder is also a popular choice for food manufacturers because it is less expensive than liquid eggs and has a longer shelf life. On the other hand, the fastest-growing product type is liquid eggs, which are increasingly used in the food service industry and as an ingredient in various food products. This is mainly due to the convenience of liquid eggs and their ability to be easily measured and mixed with other ingredients. In addition, liquid eggs are a popular choice for consumers who are looking for an easy and quick source of protein.
By end-user industry: The eggs and egg products market is divided into food & beverage, personal care and cosmetics, animal feed, pharmaceutical, food service, and others. The food and beverage industry is the dominant end-user of eggs and egg products, accounting for the majority of the market share. This is due to the widespread use of eggs as a key ingredient in various food products, including baked goods, confectionery, and breakfast items. However, other industries such as personal care and cosmetics, animal feed, pharmaceutical, and food service are also significant players in the market, with increasing demand for eggs and egg products in these sectors.
By category: The eggs and egg products market is segmented into conventional and organic. Conventional eggs and egg products currently dominate the market. Conventional eggs are produced by hens that are often housed in large-scale commercial farms and fed a diet that includes conventionally grown grains and other ingredients. These eggs may also be treated with antibiotics and hormones to prevent disease and promote growth.
Although, the organic egg market has been growing in recent years as consumers become more concerned about animal welfare and the environmental impact of food production. Organic eggs are produced by hens that are fed an organic diet consisting of non-GMO grains and are not treated with antibiotics or hormones. These hens are also typically raised in smaller, more humane conditions.
By region: The Asia-Pacific region is currently the dominating region in the eggs and egg products market due to the high consumption of eggs and processed egg products in countries like China and India. However, the fastest-growing region in the market North America is driven by factors such as increasing demand for organic and free-range eggs, the rising popularity of plant-based egg substitutes, and growing awareness of the health benefits of eggs as a high-protein food source. In addition, the growing trend of home cooking and baking during the COVID-19 pandemic has also contributed to the growth of the eggs and egg products market in North America.
Competitive analysis and profiles of the major players in the eyebrow pencil market, such as Barry Farms, Cal-Maine Foods, Inc., Charoen Pokphand PCL, Global Eggs Corporation, Hy-Line International, Keggfarms Pvt. Ltd., Land O’Lakes, Inc., L.H. Gray & Son Ltd., Michael Foods, Inc., Noble Foods Ltd., Rembrandt Foods, Rose Acre Farms, Tyson Foods, Inc., and  Venky's (India) Ltd.

Eggs and Egg Products Market Report Highlights

Aspects Details
Eggs and Egg Products Market By Product Type
By Product Type
  • Whole Egg
  • Egg Powder
  • Liquid Egg
  • Egg White
  • Frozen Egg
  • Egg Yolk
  • Others
Eggs and Egg Products Market By End Use Industry
By End Use Industry
  • Food and Beverage
  • Personal Care and Cosmetics
  • Animal Feed
  • Pharmaceutical
  • Food Service
  • Others
Eggs and Egg Products Market By Category
By Category
  • Conventional
  • Organic
Eggs and Egg Products Market By Region
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Key Market Players
Key Market Players

Cal-Maine Foods, Inc., Rose Acre Farms, KEGGFARMS Pvt. Ltd., Tyson Foods, Inc., L.H. Gray & Son Limited, Rembrandt Foods, Charoen Pokphand PCL, Hy-Line, Venky's (India) Ltd, Michael Foods, Inc.

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Eggs and Egg Products Market

Global Opportunity Analysis and Industry Forecast, 2022-2032