Press release
Egg Protein Market to Hit USD 1.8 Bn by 2029; High Usage in Bodybuilding Products and Sports Nutrition to Bring Extensive Growth
Revenue in the egg protein market from the sports nutrition sector is anticipated to be the highest, reaching a value of ~US$ 419.8 million by 2027. Due to the growing number of diet-conscious consumers, manufacturers in the egg protein market are developing egg white protein powders with interesting flavors such as chocolate, vanilla, and strawberry. Since flavored egg protein products are projected for high growth during the forecast period, companies are introducing egg protein powders that complement the paleo diet of these health-conscious consumers and athletes.Get a Sample Copy of the Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=50814
Egg proteins perform a plethora of functions such as binding, thickening, leavening, emulsifying, preservatives, crystallization, and others. This aspect will have a profound impact on the growth trajectory of the egg protein market. The overwhelming use of egg protein in protein and nutritional bars, breakfast cereals, infant nutrition, pharmaceutical products, dairy, desserts, dressings, sauces, spreads, sports nutrition, functional beverages, meat analogs, and others will help in expanding the growth structure of the global market.
Egg Protein Market: Competitive Landscape
All the key players such as Cargill Inc., Kewpie Corporation, Davisco Foods International, Inc., in the egg protein market, are mainly focusing on the acquisition of regional players to strengthen their presence or establish partnerships to develop new products.
A few companies are also going for the expansion of their production facilities.
Tier I players include
Cargill Inc.
Kewpie Corporation
Davisco Foods International, Inc.
Rose Acre Farms, etc.,
High Protein Usage in Bodybuilding and Sports Products to Bring Surge in Demand
Consistent protein supply is necessary for the overall growth of the muscles. Proteins assist in repairing damaged muscle tissues and also support in muscle mass building. Egg protein is being preferred by many fitness freaks due to its advantages such as presence of all essential amino acids and high solubility. All these factors bode well for the growth of the egg protein market.
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Popularity of Egg Protein Fortification and Standardization to Invite Extensive Growth
The growing popularity of protein fortification among a considerable chunk of the global populace will add value to the growth trajectory of the egg protein market. Fortification of egg protein is leading to positive results as it helps in addressing crucial protein deficiency issues among many individuals. Furthermore, the utilization of egg protein standardization to enhance consistency, uniformity, taste, and texture will bring immense growth prospects for the global market.
Infant Nutrition to Expand Extensively in Asia Pacific, Eventually Boosting Growth Prospects of Egg Protein Market
The demand for baby food formulas has increased substantially over the years. The increasing young population in countries like India, Indonesia, and China, and the rising working women numbers in these countries is pushing for high adoption of infant nutrition. Some infant nutrition products contain egg protein. Hence, all these factors ultimately contribute to the growth of the egg protein market.
Global Egg Protein Market Segmentation
Egg Protein Market by Flavor
Regular
Flavored
Egg Protein Market by End Use
Bakery and Confectionery
Protein and Nutritional Bars
Breakfast Cereals
Functional Beverages
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Microbial Fermentation a Cost-effective Option for Mass Production of Egg Protein
The fermentation process via modified yeast is emerging as a greener and cost-effective option for manufacturers in the egg protein market. Manufacturers are adopting the animal-free approach to manufacture egg protein products, which is otherwise an expensive affair using factory farming methods.
As consumers are opting for vegan diets, the commercialization of egg proteins delivers a complete vegan protein source, enhanced with the unique functionality of animal protein. As such, food giants are teaming up to develop egg protein using synthetic biology techniques in the egg protein market. For instance, in April 2019, Clara Foods - a San Francisco-based startup, announced its Series B financing with Ingredion - a leading global ingredients solution company, to manufacture and formulate animal-free egg proteins.
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