Europe Eggs Market, By Type (Animal Based Egg (Shell Egg and Processed Egg)), Type (Plant Based Egg (Full Plant, Egg Yolk, and White Egg)), Category (Conventional and Organic), End User (Retail/Household and Food Service Sectors), Distribution Channel (Store-Based Retailer and Non-Store Retailer) - Industry Trends and Forecast to 2030.
Europe Eggs Market Analysis and Insights
Eggs are a great source of nutrients, including vitamin B2, fewer amounts of fats and cholesterol, and high amounts of protein. They are a source of cholesterol and fat-soluble vitamins A, D, and E. These nutrients keep the body healthy. The presence of vitamin D in eggs helps the bones stay strong. Vitamin D is essential for calcium absorption and maintains optimum bone health. Therefore, eggs play an important role in preventing osteoporosis. In addition, a protein-rich diet has become very important for a healthy body.
An increasing number of health-conscious consumers and the vegan population are expected to drive the market’s growth. Also, the increasing number of product launches by manufacturers is expected to drive the market’s growth. However, the risk of disease transfer from animal egg sources and food allergens associated with conventional eggs may restrain the market growth.
The demand for eggs is increasing, for which manufacturers are now more focused, and they are involved in the new product launch, promotion, awards, certification, and event participation in the market. These decisions are ultimately enhancing the growth of the market.
Data Bridge Market Research analyses that the Europe animal-based eggs market will grow at a CAGR of 5.2% during the forecast period of 2023 to 2030. Europe plant-based eggs market is projected to register a CAGR of 58.9% in the forecast period of 2023 to 2030.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in Million and Pricing in USD
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Segments Covered
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Type (Animal Based Egg (Shell Egg and Processed Egg)), Type (Plant Based Egg (Full Plant, Egg Yolk, and White Egg)), Category (Conventional and Organic), End User (Retail/Household and Food Service Sectors), Distribution Channel (Store-Based Retailer and Non-Store Retailer)
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Regions Covered
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Belgium, Netherlands, Germany, France, Spain, Italy, U.K., and the Rest of Europe
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Market Players Covered
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Eat Just, Inc.(U.S), Alternative Foods (England), Crackd (U.K.), Noble Foods (U.K.), EUREDEN (France), Charoen Pokphand PCL(Thailand), Agroholding Avangard (Ukraine), Neggst Foods GmbH (Germany), Plant B (Netherlands), Perfeggt (Germany), Farmers Eggs (Slovakia), JSC Sinyavinskaya Poultry Farm (Russia), CULTURED FOODS (Poland), Follow Your Heart (California), Van Beek Group (Netherlands), Veronesi Holding S.p.A (Italy)., TM Ovostar (Ukraine), Groward Group (Lithuania), SKM BEST EGGS (India), and Rembrandt Foods (U.S.), among others.
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Market Definition
Eggs are a good source of protein and are very energy-dense with nutrients. Nowadays, people are becoming more aware of the health benefits of protein-rich foods, which is expected to boost their demand in the market. Eggs have several applications and usage in various foodservice sectors. Thus, the high nutrient content of these eggs is attracting health-conscious consumers towards healthy protein options.
Europe Eggs Market Dynamics
Drivers
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Multiple health benefits of eggs
The eggs are considered as the most nutritious food owing to their high protein content and minerals present among them. Eggs are packed with nutrients such as protein, vitamins (A, D, E, and B12), and minerals (iron, phosphorus, and selenium), all of which are essential for optimal health. In addition, eggs contain two antioxidants, lutein, and zeaxanthin, which are beneficial for eye health and can reduce the risk of age-related macular degeneration and cataracts. The rising trend of eating healthy and the increasing health conscious consumers in the region is expected to drive the growth of the Europe eggs market. Moreover, the multiple health benefits of eggs is further augmenting the market growth.
For instance,
- In December 2022, according to an article published in healthline, a single large egg contains 8% of DV vitamin A, 6% of DV folate, pantothenic acid, riboflavin, phosphorous, and selenium. Eggs also contain 78 calories, 6 grams of protein, and 5 grams of fat
- In August 2022, according to healthyfy me, one large egg has 187 mg of cholesterol, making it one of the highest cholesterol-containing foods. A moderate quantity of fat (5 grams) in an egg contains monounsaturated and polyunsaturated fat. The good fat content in eggs reduces the risk of heart disease
Hence, the multiple health benefits associated with the regular consumption of eggs is expected to drive the growth of the market. In addition, the egg is a rich source of protein, vitamins, minerals, calcium, and other beneficial nutrients, which lures a large number of health conscious consumers towards it which is further augmenting the market growth.
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Increasing vegan, vegetarian, and flexitarian population
There has been an upsurge in demand for plant based and vegan food products among consumers. The increasing health awareness and environmental benefits of plant based diets have led consumers to shift towards vegan options. The consumers preferring vegan substitutes and plant-based egg products are likely to drive the demand in the Europe egg market. Moreover, the plenty of options available in the plant-based egg is further augmenting the growth of the market. The rising concern towards the environment and increasing vegan population in the region is expected to drive the growth of the Europe eggs market.
For instance,
- In November 2021, according to vegansociety, 2.7 million UK households have a vegan or vegetarian residing there, while 10.5 million households replaced meat-based meals with vegan or vegetarian alternatives at least once per week. 40 percent of those polled claimed it was better for their health, and 31 percent claimed it was more environmentally friendly
According to google trends, the U.K. was the most popular country for veganism in 2019, as 42% of the U.K. population converted to vegan in 2018
Hence, the rising trend of veganism and consumers preferring plant-based eggs in the region is expected to drive the growth of the Europe plant-based eggs market, ultimately driving the growth of the Europe eggs market.
Opportunity
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Rising automation and technologies in egg production and processing
The increasing demand for high quality poultry products with high nutrition contents, longer shelf life, as well as the flexibility to utilize one equipment to manufacture several products has led to automation in the egg production and processing industry.
Considerable growth in software technology and computer hardware have led to automation in the manufacturing processes in the food industry. Automation has helped the poultry industry to increase productivity, palatability, quality, and profitability. Thus, automation in the egg processing industry is projected to be a lucrative opportunity to increase the productivity of producing eggs and eggs products by minimizing wastage.
Automatic control tools with computer integrated manufacturing, expert systems, and flexible manufacturing systems help improve the quality of the final products, which is expected to create opportunities in the Europe eggs market.
For instance,
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In November 2022, according to nexocode, AI (artificial intelligence) tools has been developed in order to maintain the hatching and grading systems of eggs with less time consumption. The device can operate in real-time or batch mode, selecting the eggs with the best likelihood of hatching while eliminating those with a poor chance of success. This drastically decreases waste and increases hatchery efficiency
Thus, developments in automation in the egg production and processing industry by robotics and artificial intelligence tools is expected to create an opportunity for the growth of the Europe eggs market.
Restraint/Challenge
- Risk of disease transfer and rising allergies from animal-based eggs
Eggs from animal sources attract various kinds of disease or allergies in spite of various health benefits. If the animal from which the egg is sourced is affected with a disease or allergy, there are higher chances of transmission of that disease or allergy to the person consuming that egg or its product.
Salmonella interitidis is mostly caused by zoonotic salmonellosis and is associated with poultry and eggs. Moreover, fresh eggs with intact shells may be contaminated with S. Enteritidis, and such eggs can be potentially hazardous if consumed raw or undercooked. There are few studies reported that tested for salmonella contamination.
For instance,
The UK's Food Standards Agency (FSA) conducted a survey of Salmonella contamination of UK-produced shell eggs in which nine samples (0.34%) were found to be contaminated with Salmonella, which is equivalent to approximately one in every 290 boxes of six eggs
Hence, the risk of disease transfer from animal sources and developing egg allergies among consumers can be a major restraint in the growth of the Europe eggs market.
Post COVID-19 Impact on Europe Eggs Market
COVID-19 has affected the market to some extent. Due to the lockdown, the trade of eggs and egg products across the world was severely affected due to quarantine measures, influencing the market. Due to the change in many mandates and regulations, manufacturers can design and launch new products in the market, which will help the market's growth.
Recent Developments
- In May 2021, Eat Just, Inc. announced that the company plans to launch its vegan egg in Europe by the end of the year. It will help the company expand its products to European countries and meet the demand for vegan foods
- In July 2021, Alternative Foods announced the launch of a new range of baked snack bars, including Brownie, Flapjack, Millionaire, and Tiffin bars. All these products use its aquafaba egg alternative in it. It has helped the company to meet the increasing demand for plant-based convenience snacks
Europe Eggs Market Scope
Europe animal based eggs market is segmented into four notable segments based on egg type, category, end-user, and distribution channel. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Type (Animal Based)
- Shell Egg
- Processed Eggs
On the basis of egg type, the Europe animal based eggs market is segmented into the animal based egg and plant based egg.
Type (Plant Based)
- Full Egg
- Egg Yolk
- White Egg
On the basis of egg type, the Europe plant based eggs market is segmented into the full egg, egg yolk and white egg.
Category
- Organic
- Conventional
On the basis of category, the Europe animal based eggs market is segmented into conventional and organic.
End-User
- Retail/Household
- Food Service Sectors
On the basis of end-user, the Europe animal based eggs market is segmented into retail/household and food service sectors.
Distribution Channel
- Store-based retailer
- Non-store retailer
On the basis of distribution channel, the Europe animal based eggs market is segmented into store based retailer and non-store retailer.
Europe Eggs Market Regional Analysis/Insights
Europe eggs market is analyzed, and market size insights and trends are provided based on as referenced above.
The countries covered in the Europe eggs market report are Germany, Belgium, France, Spain, Italy, U.K., the Netherlands, and the Rest of Europe.
U.K. is expected to dominate the Europe eggs market in terms of market share and market revenue. It is estimated to maintain its dominance during the forecast period due to the growing surge for printable self-adhesive vinyl films in various industries and growing consumer demand from end users.
The region section of the report also provides individual market-impacting factors and changes in regulations in the market that impact the current and future trends of the market. Data points, such as new and replacement sales, country demographics, disease epidemiology, and import-export tariffs, are some of the major pointers used to forecast the market scenario for individual countries. In addition, the presence and availability of regional brands and their challenges faced due to high competition from local and domestic brands, and the impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Eggs Market Share Analysis
The Europe eggs market competitive landscape provides details about the competitors. Details include company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points are only related to the company’s focus on the Europe eggs market.
Some of the major players operating in the Europe eggs market are Eat Just, Inc., Alternative Foods, Crackd, Noble Foods, EUREDEN, Charoen Pokphand PCL, Agroholding Avangard, Neggst Foods GmbH, Plant B, Perfeggt, Farmers Eggs, JSC Sinyavinskaya Poultry Farm, CULTURED FOODS, Follow Your Heart, Van Beek Group, Veronesi Holding S.p.A., TM Ovostar, Groward Group, SKM BEST EGGS, and Rembrandt Foods among others.
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