Global Powdered Egg Yolk Market, By, Product (Organic Powdered Egg Yolk, Pastured Powdered Egg Yolk, Free-Range Powdered Egg Yolk), Distribution Channel (Supermarket/Hypermarket, Specialty Stores, Online Retail, Others), End Users (Food Industry, Nutraceuticals and Pharmaceuticals, HoReCa, Household, Others), 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 : Global Powdered Egg Yolk Market
Powdered egg yolk market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 6.00% in the forecast period of 2021 to 2028. The increase in demand for powdered egg yolk from the food industry is escalating the growth of powdered egg yolk market.
Powdered egg yolk refers to powdered food ingredient which is made of spray dried pasteurized egg yolks or from spray dried pasteurized eggs. The product is extensively used in the formulation process where characteristics such as texture, mouth feel, emulsifying properties and color are pivotal. Powdered egg yolk is considered an ideal ingredient in food processing industry due to its properties including natural type, long shelf life, ready to use and absence of additives and preservatives.
The increase in demand for powdered egg yolk as an alternative to the eggs owning to various features of the product such as ease in transportation and shipping and longer shelf life and the high consumption of egg yolk powder in the food and beverage industry are the major factors driving the powdered egg yolk market growth. The adoption of protein-rich egg yolk powder in lifestyle of people across the globe, easy availability of the nutritional source and the high usage of powdered egg yolk in the products such as dairy, nutraceutical, meat, bakery, dressings, confectionery, and other accelerate the market growth. The rise in demand for egg yolk powder from the sports and nutritional supplements sector due to the product’s rich protein content, branched amino acid concentration and nutritional value and the increasing usage with other natural ingredients including whey protein, almond milk and traditional dairy products in order to improve digestive feasibility and enhance the nutritional profile influence the egg yolk powder market. Additionally, rapid urbanization, rise in the standard of living of people and growing population positively affect the powdered egg yolk market. Furthermore, the growing popularity of dietetic nutrition, awareness regarding healthy lifestyle, acceptance of egg products by vegetarian population and the expansion of the animal feed industry extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, the increase in cost of production due to the hike in prices of agricultural grains that are used as feed for the hens and the fluctuation in the cost of raw materials are factors expected to obstruct the market growth. Concerns associated with the risk of contamination due to poor hygienic conditions and increase in egg allergens among the consumers are projected to challenge the powdered egg yolk market in the forecast period of 2021-2028.
This powdered egg yolk market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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 powdered egg yolk market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Powdered Egg Yolk Market Scope and Market Size
Powdered egg yolk market is segmented on the basis of product, distribution channel and end users. The growth among segments helps you analyze 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 product, the powdered egg yolk market is segmented into organic powdered egg yolk, pastured powdered egg yolk and free-range powdered egg yolk.
- On the basis of distribution channel, the powdered egg yolk market is segmented into supermarket/hypermarket, specialty stores, online retail and others.
- On the basis of end users, the powdered egg yolk market is segmented into food industry, nutraceuticals and pharmaceuticals, HoReCa, household and others. Food industry is further segmented into bakery, confectionery, snacks and ready-to-cook, ready meals, meat and fish products, salads, sauces and dressings, dairy products and others.
Global Powdered Egg Yolk Market Country Level Analysis
Powdered egg yolk market is analyzed and market size, volume information is provided by country, product, distribution channel and end users as referenced above.
The countries covered in the powdered egg yolk market report are the 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).
North America is expected to witness the highest CAGR in the forecast period of 2021 to 2028 due to the increase in marketing expenditure and rise in adoption of powdered egg yolk in the dietary supplement industry because of its features such as high nutritional value, economical efficacy and easy processing in the region.
The country section of the powdered egg yolk 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 Powdered Egg Yolk Market Share Analysis
Powdered egg yolk 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 powdered egg yolk market.
The major players covered in the powdered egg yolk market report are Modernist Pantry, LLC, Venkys India, Ovobrand S.A., Australian Egg Co., Visos teises saugomos, Senel BV, SNUK FOODS, Imperovo Foods, Rembrandt Foods, Bouwhuis Enthoven, Adriaan Goede BV, Rose Acre Farms, OVOSTAR UNION, Pulviver, wulro, Agroholding Avangard, SANOVO TECHNOLOGY GROUP, Ovobel Foods Limited., Igreca, Derovo Group, Ballas Egg., Interovo Egg Group BV, Farm Pride 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.
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