Global Egg Powder Market, By Types (Whole Egg Powder, Egg Yolk Powder, Egg Albumin Powder and Egg Powder Mix), Application (Bakery and Confectionery, Noodles and Pasta, Mayonnaise and Salad Dressing, Meat and Fish and Others), Distribution Channel (Direct Distribution Channel and Indirect Distribution Channel), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Egg Powder Market
Data Bridge Market Research analyses that the global egg powder market will project a CAGR of 4.8% for the forecast period of 2021-2028. Rising consumption of food and beverages owing to the ever-rising population and increasing personal disposable income is a major factor attributable to the growth of egg powder market.
Egg powder is similar to eggs in terms of nutritional content, which means it offers similar benefits, however is available in dehydrated form. Since egg powder is available in dehydrated form, it is highly convenient in handling as compared to regular eggs. Egg powder is high in protein, low in carbohydrate, fat and cholesterol and also generates low wastage. Egg powder is the best option for those look for low calorie and high protein diet. Powdered eggs are made using spray drying which is a similar process used in milk powder processing.
Rising demand for healthier, nutritional and low fat food is a major factor fostering the growth of egg powder market. Changing lifestyle, rising health consciousness and rising demand for the consumption of food and beverages as a result of ever-rising population and rising personal disposable income are some other factors acting as market growth determinants. Rising awareness regarding the befits of egg powder over regular eggs such as extended shelf life will further induce growth in its market value. Rising demand for convenient functional food will further create lucrative growth opportunities for the egg powder market.
However, high costs involved in the production of egg powder will hamper the market growth rate. Also, the production of egg powder is a time consuming process. Lack of required infrastructural facilities in developing and under developing economies will further derail the market growth rate.
This egg powder market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on egg powder market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Egg Powder Market Scope and Market Size
The egg powder market is segmented on the basis of types, application and distributional channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of types, the egg powder market is segmented into whole egg powder (WEP), egg yolk powder (EYP), egg albumin powder (EAP) and egg powder mix (EPM).
- On the basis of application, the egg powder market is segmented into bakery and confectionery, noodles and pasta, mayonnaise and salad dressing, meat and fish and others.
- On the basis of distribution channel, the egg powder market is segmented into direct distribution channel and indirect distribution channel. Indirect Distribution Channel segment is sub-segmented into hypermarket/ supermarket, convenience stores, online and others. Convenience stores are further sub-segmented into departmental stores and food and drink specialty stores.
Egg Powder Market Country Level Analysis
The egg powder market is analyses and market size, volume information is provided by country, types, application and distribution channel as referenced above.
The countries covered in the egg powder market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA)
Asia-Pacific is also set to project the highest growth rate during the forecast period. This means that the region will score the highest compound annual growth rate for the forecast period. This is because of the rising adoption of healthier lifestyle, rising awareness about the benefits of egg powder and rising demand for healthier and low caloric food items. Rising population and rising personal disposable income are some other indirect market growth determinants. India and China will emerge as the major contributors for this region. This is because of the lucrative growth potential exhibited by these developing economies.
The country section of the egg powder market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Egg Powder Market Share Analysis
The egg powder market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to egg powder market.
The major players covered in the egg powder market report are SKMEgg.com, Pulviver, Adriaan Goede BV, OVOSTAR UNION, Farm Pride., Interovo Egg Group BV, Ballas Egg., Derovo Group, Oskaloosa Foods, IGRECA, Bouwhuis Enthoven, Venkys India, SANOVO TECHNOLOGY GROUP, Deb El Food Products LLC, Agroholding Avangard, wulro.com, Rembrandt Enterprises., Adriaan Goede BV, EUROVO Srl and Kewpie Corporation among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.