Press release
Frozen Egg Market May See a Big Move In 2032| Research by Future Market Insights, Inc.
The global frozen egg market is expected to reach a market valuation of US$ 3.8 Bn by the year 2022, accelerating with a CAGR of 6.7% by 2022-2032. Frozen egg sales currently account for about ~6.2% of the global egg market in terms of value.Frozen egg products are becoming increasingly popular in the catering industry. Private cafeterias in colleges, healthcare facilities, and commercial enterprises are observing how frozen egg products can be used to replace daily meals. Parallel to the ever-changing landscape of the food and beverage industries, consumers' proclivity for frozen products is changing. In the near future, it is expected that a large consumer base will gravitate toward less perishable egg-based products instead of fresh eggs.
The growing consumer preference for foods that require little preparation and serve quickly has reduced the demand for fresh egg items in institutional food services. Simultaneously, sales for frozen egg products in food service services has increased, especially among working professionals who prefer frozen eggs, especially frozen egg whites.
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Key Takeaways from Market Study
The frozen eggs market is estimated to expand at CAGRs of 6.7% over the forecasted period
The Europe frozen eggs market is currently holding around 26.2% of value share in 2022.
Among product types in the frozen eggs market, the whole eggs account for around 60% of market share, followed by egg white types.
China holds more than 55.3% of market share in East Asia and expected to grow with 9.3% over forecast period
Germany, France, Italy, Spain, UK are key consumers of frozen eggs in European Country.
"Manufacturers of frozen eggs products would achieve impressive growth by targeting the functional food and beverages industry. Demand for Immunity boosting products has been on the rise following COVID-19 outbreak. These products are playing crucial role in one's life, hence targeting that segment of functionality will impact the market positively", says a Future Market Insights analyst.
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Competitive Landscape
Key manufacturers are also evolving with recyclable wrapping solutions in order to meet ecofriendly rules plus to gain traction of consumers. Technological invention in packaging approaches can lift product sales expressively, as it develops product quality to a superior extent.
NestFresh, a leader in local, humane, and sustainable eggs, acquired New Barn Organics in 2021, expanded its presence into the globe of feasible and humane food.
NestFresh, the chief in processed eggs, demonstrated its categorization leadership once more in 2020 with the introduction of a brand's new EGG POP.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global Frozen eggs market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
Frozen Egg Market by Category
By Product Type, Frozen Egg Market is segmented as:
Whole Eggs
Egg Whites
Egg Yolk
By End-use Application, Frozen Egg Market is segmented as:
Food Processing Industry
Bakery & Confectionery
Creamy Sauces
Ice-cream & Frozen Desserts
Mayonnaise
Noodles & Pasta
Salad Dressings
Others
Food Service Providers
Retail/Household
Convenience Stores
Discount Stores
Modern Trade
Grocery Stores
Online Retail
Specialty Stores
Wholesalers
Other Sales Channel
By Region, Frozen Egg Market is segmented as:
North America
Latin America
Europe
East Asia
South Asia
Oceania
The Middle East and Africa
The report covers exhaustive analysis on:
How big is the frozen egg market?
What is the anticipated market value of the frozen egg market by 2032 end?
What is the frozen egg market outlook?
Which region is expected to drive the demand for the frozen egg market?
Who are the key players operating in the market?
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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