Processed Egg Market is expected to grow at a CAGR of 3.7% during the forecast period of 2018 to 2023| Dominant Players - CAL-MAINE FOODS Inc, MOBA B.V., ROSE ACRE FARMS, BALLAS, DAYBREAK FOODS, PULVIVER, HONEYVILLE, DR. OETKER, amongst others

Market Analysis:

North America to Dominate the Market
The North American region dominated the market for processed egg in 2015. In the Asia-Pacific region, factors such as population growth, rapid urbanization, and awareness about the nutritional benefits of processed egg products are contributing to the growth of the market. The demand for products made with processed egg is growing rapidly in developing countries such as China and India.

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Eggs have been a valuable source of food in cuisines across the world and bird eggs are one of the most versatile ingredients used in cooking. They play an important role in many branches of the modern food industry, especially in baking, as their particular chemical makeup acts as glue in many important baking reactions. Convenience and ease of use and storage of processed eggs drive the egg processing market. Due to increasing urban population and busy lifestyles, there is an increasing demand for this convenience food. Moreover, due to technological advancements, processed eggs are more efficiently treated and pasteurized, hence assuring safety, reduced risk of contamination, and extended shelf life. Processed eggs are available as whole eggs, whites, yolks, and various blends. Liquid egg makes up the largest market share with its wide range of applications in various industries, followed by dried (powdered) egg which has the longest storage life compared to any other form of the product.

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Market Segments:
Processed Egg Market is segmented by:
1. Product Type: Liquid Egg, Frozen Egg, Dried Egg, Others
2. Application: Bakery, Dairy Products, Confectionery, Ready-to Eat, Nutritional Supplement, Others
3. Source: Chicken Egg, Duck Egg, Quail Egg, Others
4. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Eggs are easily found in almost every grocery and meat store at a low price and due to ease of availably, it is a major restraint in the market. The raise in vegan food trends and the plea for humane treatment of animals over the recent years have increased the use of egg substitutes in the market, serving as a restraint in the processed egg market.

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