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Egg Powder Market Size is Expected to Reach US$ 2,474 Million by 2027, Growing at a CAGR of 5.58%

10-04-2022 06:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Egg Powder Market Size is Expected to Reach US$ 2,474 Million by 2027, Growing at a CAGR of 5.58%

Egg Powder Market Size is Expected to Reach US$ 2,474 Million by 2027, Growing at a CAGR of 5.58%

According to IMARC Group latest published report, titled "Egg Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," that the global egg powder market size reached US$1,761 Million in 2021. Looking forward, the market expects to reach US$2,474 Million by 2027, exhibiting at a CAGR of 5.58% during 2022-2027.

Egg powder is obtained by completely dehydrating fresh eggs via the spray drying method. This process not only increases the shelf life of the product but also reduces the weight per volume of whole eggs while preserving the nutritional content. Due to its dry form, egg powder can be conveniently transported over long distances, as it does not require refrigeration and experience breakage. As a result, egg powder is increasingly being used in several applications ranging from food to cosmetic industries.

Competitive landscape

Some of the major players operating in the industry include

Sonova Holding AG (SOON.SW),
Weko Group,
Eurovo S.R.L,
Rembrandt Enterprises Inc (RBDE), Inc.,
Rose Acre Farms, Inc.,
KEWPIE Egg Corporation.

Request for a sample copy of this report:https://www.imarcgroup.com/egg-powder-market/requestsample

Egg Powder Market Trends:

Over the past few years, the egg powder market has been propelled by significant demand from health-conscious consumers. Their consumption patterns have shifted from a carbohydrate-rich to a protein-rich diet, which has bolstered the demand for egg powder. Besides this, the proliferating food industry is also contributing to the growth of the market, as egg powder is widely used in bakeries and confectioneries due to its long shelf life and negligible product waste.

Moreover, its exceptional binding properties also make it a preferred choice over fresh eggs. Furthermore, egg powder is increasingly being used in natural personal care products, which are witnessing a high demand due to the rising self-care and wellness trends. Additionally, market players are introducing value-added products, such as high gel and whip egg yolk powder, which possess excellent binding properties. As these variants can be easily mixed with other food ingredients, they are gaining widespread preference among consumers.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/egg-powder-market

Key Insights from the report:

On the basis of types, the market has been segregated into whole, yolk and white egg powder. At present, whole egg powder represents the most popular product type owing to its wide applications in the food industry.

Based on end-uses, the egg powder market has been divided into bakery; sauces, dressings and mixes; and others (desserts, dietary supplements, pharma, etc.). Currently, bakery accounts for the majority of the market share.

Region-wise, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, Latin America, and Others. Amongst these, Europe is the leading market for egg powder, holding the largest share.

Related reports:

Egg Powder Market In India - https://www.imarcgroup.com/india-egg-powder-market

Asia Pacific Egg Powder Market: https://www.imarcgroup.com/asia-pacific-egg-powder-market

Europe Egg Powder Market: https://www.imarcgroup.com/europe-egg-powder-market

GCC Egg Powder Market: https://www.imarcgroup.com/gcc-egg-powder-market

United States Egg Powder Market: https://www.imarcgroup.com/united-states-egg-powder-market

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Website: https://www.imarcgroup.com
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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