The Global Processed Egg market size was valued at USD 29.20 billion in 2020 and is anticipated to expand at a significant CAGR during the forecast period 2021–2028. Growth of the market is attributed to increasing population, increasing awareness towards healthy diet, rapid development in food and beverage sectors, and increasing demand for egg products in developing countries.
The processed egg products system includes filtering, freezing & drying, mixing, packaging, blending, breaking eggs, pasteurizing, cooling, and stabilizing. Egg products include yolks, whole eggs, whites, and different pasteurized and processed blends. Processed egg product have different uses such as freeze-dried scrambled eggs, pre-peeled eggs, and pre-peeled hard-boiled eggs. The product also comes with major diversity of frozen products such as quiche, French toast, precooked scrambled eggs, omelets, and precooked fried eggs.
The covid-19 pandemic affected the demand and supply of the global processed egg market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
The report on the global processed egg market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Processed Egg Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018-2019 |
Forecast Period |
2021-2028 |
Segmentation |
Types[Frozen Egg, Dried Egg, Liquid Egg, and Others], Applications [Nutritional Supplements, Dairy Products, Convenience Foods, Bakery, Confectionery, Ready-to-Eat Food, and Others] |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East and Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players covered in the Report |
Dr. Oetker, Eurovo s.r.l., Pulviver, Ballas Egg, Cal-Maine Foods, Inc., Interovo Egg Group BV, Daybreak Foods, Rose Acre Farms, Honeyville, Inc., Avril SCA, ACTINI GROUP, MOBA B.V., Igreca S.A., SANOVO TECHNOLOGY A/S, and Rembrandt Enterprises, Inc. |
Based on applications, the global processed egg market is fragmented into nutritional supplements, dairy products, convenience foods, bakery, confectionery, ready-to-eat food, and others. The convenience food segment accounts for a key share of the market. Growth of the market is attributed to increasing consumer awareness, rising urban population, and sprots people consuming egg products. However, the ready-to-eat food segment is anticipated to expand at a rapid pace during the forecast period due to factors such as improved standard of living, busy lifestyle, and increasing demand for convenience food.
On the basis of types, the global processed egg market is segmented into frozen egg, dried egg, liquid egg, and others. The liquid egg segment accounts for a key share of the market. Growth of the market is attributed to increasing disposable income, increasing awareness towards healthy diet, and improved economic stability. However, the dried egg segment is anticipated to expand at a rapid pace due to factors such as technological advancement in egg processing and increasing consumer desirability towards processed foods.
On the basis of region, the global processed egg market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East and Africa. The market of Asia Pacific is anticipated to expand at a high CAGR during the forecast period due to rapid development in food and bakery sectors and extended shelf-life of processed egg products. The market of North America is estimated to hold major market share due to increasing consumption of prepared food, reduced risk of contamination, and increasing consumer awareness.
Segments Covered in the Report
The global processed egg market has been segmented on the basis of
Types
Applications
Region
Key Players
Key players competing in the global processed egg market include Dr. Oetker, Eurovo s.r.l., Pulviver, Ballas Egg, Cal-Maine Foods, Inc., Interovo Egg Group BV, Daybreak Foods, Rose Acre Farms, Honeyville, Inc., Avril SCA, ACTINI GROUP, MOBA B.V., Igreca S.A., SANOVO TECHNOLOGY A/S, and Rembrandt Enterprises, Inc.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and rise their production line of the business in the coming years.
Some other reports from this category!