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Impact of COVID-19 on Egg Ingredients Market: Exploring Industry Analysis, Trends, Growth Rate, Status and Outlook by 2024

08-11-2020 04:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Impact of COVID-19 on Egg Ingredients Market: Exploring

The egg ingredient market has been witnessing significant growth lately. The surge is attributed to rising awareness about health benefits among people. Also, rising concern pertaining to the use of chemical additives in food and beverage is one of the key reasons people are shifting towards natural options. It is recommended by nutritionists, as well.

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In the last decade, food consumption behaviours of individuals have witnessed a dramatic shift. They are more inclined towards consumption of food items, which are rich source of proteins and vitamins. Egg, being a rich source of protein, has occupied secure position in the food list.

In addition, consumption of egg proteins as body building supplement is fuelling the growth of global egg ingredients market.

Rising incidence of health issues such as obesity, blood pressure and diabetes are entailing people to switch to a healthier diet and maintain a healthy lifestyle. In line, researches prove that including egg in meal can help feel energetic the entire day. Also, it reduces calorie intake for the day. This statement is proven by a research. Consumption of eggs inhibits release of ghrelin. The hormone is known to contribute to hunger, hence, a person feels full and tend to eat less.

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An egg contains approximately 70 calories wherein egg white has a biological value of around 100. This signifies that nitrogen from eggs can be entirely utilized by the body.

Egg proteins exhibit unique biological activities. Hyper-immunized hens are considered as economic source of specific type of immunoglobulin. The immunoglobulin present in the egg are effective in prevention of infections caused by viruses and bacteria. Thus, people are including egg in their diet as a step towards preventive care.

On the other hand, production of egg is taking a toll on climatic condition. Hence, people are shifting towards vegan substitute of egg proteins. Pea protein, soy proteins and other plant proteins are replacing egg proteins. This is anticipated as a major barrier in the growth of egg protein market in forthcoming years.

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Introduction

Proteins are basically building blocks of body tissue, and are also known as polymers of amino acids which are combined together by peptide bonds and act as a fuel for human body. Protein plays a significant part in living entities by contributing in every process within cells. Protein ingredients are broadly used for health and wellness, food and beverages, snacks and etc.

Egg proteins are is a source of biologically active peptides and contain high nutritional value and have unique biological activities with a suitable balance of essential amino acids which are necessary for building muscles and for repairing cells and tissues in the body. Egg white and egg yolk contains more than 90 % of protein and the remaining parts like egg shell and egg shell membranes contain other remaining amount of protein.

Egg protein contain unique biological activities. Hyper-immunized hens can give a suitable and economic source of particular immunoglobulin in their yolks that have been found to be effective in preventing many bacteria and viruses infections.

Eggs are very healthy to maintain effective health some of the research proves that, by adding eggs in breakfast meal can make you feel full and energetic and also helps to reduce calorie intake for the day. By eating eggs in morning reduce ghrelin (a hormone that contributes to hunger, due to which person feel satisfied and eat less). An average egg contain 70 calories and Egg white has a biological value of 100 which means that all the nitrogen from eggs can be used by the body.

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Egg Ingredients Market: Drivers and Restraints

The factors driving the egg ingredients market are high nutritional value of egg protein, increasing focus towards preventive care consumers are rapidly shifting towards consumption of dietary supplements, which include animal protein.

Demand and preference for egg ingredients is increasing, owing to rising awareness regarding health benefits offered by natural ingredients, as well as concerns regarding source of ingredient and quality. Increasing concern regarding side effects of chemicals and synthetic additives used in food and beverages is fuelling demand for natural alternatives like egg ingredients in the market, increasing demand of body building supplements in the market also fuel the growth of egg ingredients/protein market globally.

Increasing incidence of health issues such as obesity, diabetes and blood pressure, consumers are more inclined towards maintaining a healthy lifestyle, for instance, according to the Centers for Disease Control and Prevention, from 2009 to 2010, around 50% of adults in the U.S. consume dietary supplements. Various gyms, diet centers and fitness centers promote consumption of healthy food, dietary supplements, energy drinks and bars, and other health products, which is further influencing and driving demand for dietary supplements. However, availability of various alternatives for egg ingredients in the market like plant proteins such as soy protein, pea protein, and etc. acting as a major barrier for egg ingredients/protein market.

Egg Ingredients Market: Regional Outlook

Geographically, the global egg ingredients market rapidly growing with growing demand in dairy products and dietary supplements. Global egg ingredients market can be divided by major regions which include North America, Latin America, Europe, Asia Pacific, Middle East and Africa.

Egg Ingredients Market: Key Players

Some of the key participating players in this market are as follows Avangardco, SANOVO TECHNOLOGY GROUP, Bioseutica, Rembrandt Enterprises, DAVA Foods, IGRECA, Interovo Egg Group BV, Bouwhuis-Enthoven, Michael Foods, Inc., Eurovo Group, Rose Acre Farms, Wulro, SOVIMO and others.

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