According to the recent report by IMARC Group, titled “Egg Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global egg powder market size reached US$ 1,859.6 Million in 2022. Egg powder is obtained by completely dehydrating fresh eggs via the spray drying method. This process not only increases the shelf life of the product but also reduces the weight per volume of whole eggs while preserving the nutritional content. Due to its dry form, egg powder can be conveniently transported over long distances, as it does not require refrigeration and experience breakage. As a result, egg powder is increasingly being used in several applications ranging from food to cosmetic industries.
Egg Powder Market Trends:
Over the past few years, the egg powder market has been propelled by significant demand from health-conscious consumers. Their consumption patterns have shifted from a carbohydrate-rich to a protein-rich diet, which has bolstered the demand for egg powder. Besides this, the proliferating food industry is also contributing to the growth of the market, as egg powder is widely used in bakeries and confectioneries due to its long shelf life and negligible product waste. Moreover, its exceptional binding properties also make it a preferred choice over fresh eggs. Furthermore, egg powder is increasingly being used in natural personal care products, which are witnessing a high demand due to the rising self-care and wellness trends. Additionally, market players are introducing value-added products, such as high gel and whip egg yolk powder, which possess excellent binding properties. As these variants can be easily mixed with other food ingredients, they are gaining widespread preference among consumers. On account of these factors, the egg powder market is expected to exhibit a CAGR of 4.5% during 2023-2028.
- Based on the type, whole egg powder represents the most popular segment in the market. The other major segments are egg yolk and egg white powder.
- On the basis of the end use, the market has been categorized into bakery; sauces, dressings and mixes; and others (desserts, dietary supplements, pharma, etc.). Among these, the bakery segment holds the leading position in the market.
- Region-wise, North America exhibits a clear dominance in the market, holding the largest market share. Other regions are Europe, Asia Pacific, Middle East and Africa, and Latin America.
- The competitive landscape of the market has been analyzed in the report, with some of the key players being WEKO Eiproducten BV, Rose Acre Farms, Inc., Sanovo Technology Group, Eurovo S.R.L., Kewpie Egg Corporation, Rembrandt Enterprises Inc.
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