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Egg Protein Market Worth $38.9 Billion in 2026- Exclusive Research Report by AMR

07-23-2022 08:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Egg Protein Market

Egg Protein Market

The growth of the egg proteins market is driven by increase in consumption in preparation of food products such as bakery, confectionery, snack products, processed meat, and seafood products. Furthermore, the demand is propelled by surge in need for nutritional food in the market. Owing to increase in awareness about the benefits offered by nutritional and health food products, consumers are shifting their focus toward healthy diets and are increasing their intake of protein to gain extra nutrition from the egg-based protein supplements, which significantly contributes toward the global egg protein market growth.

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The global egg proteins market size was valued at $26,587.1 million in 2018, and is anticipated to reach $ 38,905.9 million by 2026, with a CAGR of 4.8% during the forecast period. The market is expected to exhibit an incremental revenue opportunity of $12,300 million from 2018 to 2026.

Egg proteins such as egg white protein, whole egg protein, and egg yolk protein are widely consumed across industries such as nutrition, food & beverages, personal care, cosmetics, feed, and textiles. Their versatility and multifunctionalities such as texturizing, gelling, binding, foaming, and thickening have resulted in their worldwide adoption across these industries.

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Surge in awareness among consumers regarding the health benefits of consumption of protein supplements and protein-based food products is expected to drive the growth of egg proteins market in the near future.

The key players profiled in this report include Cargill, Kewpie Corporation, Rose Acre Farms, Rembrandt foods, Bouwhuis Enthoven Wulro BV, Igreca, Sanovo Egg Group, Interovo Egg Group BV, and Dalian Hanovo Foods Co., Ltd.

Key findings of the study

By type, the egg yolk protein segment is estimated to witness the fastest growth, registering a CAGR of 5.9% during the forecast period.
In 2018, by application, the food & beverage segment held the highest share, accounts 47.59% of the global egg proteins market share.
In 2018, Germany was the most prominent market in the Europe, and is expected to grow at a significant CAGR throughout the forecast period.

Read More: https://www.alliedmarketresearch.com/egg-protein-market-A06008

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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