Egg Yolk Powder Market to Witness Heavy Growth Prospects via Manufacturing Sector up to 2025
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There is rise in the demand for food products with natural ingredients owing to the increase in awareness for healthy products among individuals. Egg yolk powder is used in several food products such as mayonnaise, ice cream, cakes, donuts, and others, due to its exceptional binding and emulsion capabilities. This ultimately brings a positive impact on the egg yolk powder market due to the increase in its application across the food processing industry. The demand for egg yolk powder has increased as an alternative to whole eggs especially in the household and food service industry owing to its longer shelf life and portability. This fosters the growth of the market.
The misconception of eggs being a non-vegetarian food category has now changed and eggs are being widely accepted by vegetarians. Due to this, the consumption of egg yolk powder witnesses' growth and thereby can be viewed as an opportunity by the manufacturers for further growth and expansion.
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The market is segmented based on type, distribution channel, end use and region. Based on type, it is categorized into Organic egg yolk powder, Pastured egg yolk powder and Free-Range egg yolk powder. Based on distribution channel, it is bifurcated into online retail, supermarket/hypermarket, specialty stores, and others. Based on end use, it is classified into food industry, baking industry, nutraceuticals, household, and others. Based on region, it is studied across North America, Asia-Pacific, Europe, and LAMEA.
The key players in the market include Modernist Pantry, LLC., Dutch Egg Powder Solutions, Venkys India, Ovobrand S.A., Australian Egg Co., Groward Group, Senel BV, Imperovo Foods, Rembrandt Enterprises, and Snuk Foods.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an in-depth analysis of the current trends, drivers, and dynamics of the egg yolk powder market to elucidate the prevailing opportunities and tap the investment pockets.
It offers qualitative trends as well as quantitative analysis of the global market from 2018 to 2025 to assist stakeholders to understand the market scenario.
In-depth analysis of the key segments demonstrates the type of egg yolk powder and its applications.
Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
Key market players are profiled to understand the competitive outlook of the market.
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