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Sales Of Liquid Egg Is Expected To Reach A Valuation Of US$ 9 Billion By The End Of 2033

01-23-2023 10:54 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

The market for liquid eggs is anticipated to reach US$ 4.8 billion by 2021. The market is anticipated to expand at a positive 6% CAGR under a strong demand outlook, reaching a valuation of US$ 8.7 Bn by 2031. Rich quantities of protein, iron, phosphorus, and vitamins A and D can be found in liquid eggs. Liquid eggs are widely used in the foodservice, nutritional supplement, and pharmaceutical industries because they are practical and affordable.

Players in the market will have more opportunity to introduce innovations as long as the demand for liquid eggs keeps rising. For instance, certain market participants are providing creative packaging options, increased product quality, offers for quantity customization, and exceptional hygiene and cleanliness, all driven by the growing emphasis on sustainability.

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Liquid eggs are largely being used in the foodservice industry owing to overall convenience they offer as key ingredient or as replacement of traditional eggs. Using liquid eggs eliminates the time consumed in shelling eggs while offering quality assurance, safety, and convenience through premeasured containers. These factors are expected to guarantee market growth through the course of the forecast period.

High nutrient content in liquid eggs is driving their adoption in pharmaceuticals, cosmetics, skincare products, and animal feed. As per Fact.MR, demand for cage-free eggs is anticipated to rise at a significant pace over the course of the assessment period.

Fact.MR's regional analysis projects the U.S. to dominate the North America liquid egg market. The presence of a robust foodservice industry, coupled with government issued dietary guidelines, highlighting the importance of protein consumption, will augment market growth throughout the assessment period.

"Improvements in product offerings in terms of packaging, quality, and hygiene, along with increasing focus on organic animal-derived ingredients in the food and pharmaceutical sector will continue fueling liquid egg demand through the forthcoming years," says the Fact.MR analysis.
Key Takeaways from Liquid Egg Market Analysis:
• Sales of cage-free liquid eggs are anticipated to rise at a 7.5% CAGR, accounting for 43.7% of the total market share by 2031.
• Based on product type, the liquid egg white segment is poised to grow at a 6.7% CAGR.
• Applications of liquid eggs will continue to rise in pharmaceutical industry, growing at a 7.4% CAGR through 2031.
• B2C sales channel is anticipated to be the leading segment, owing to easy availability and a wider customer reach.
• The U.S. is projected to lead the North American liquid egg market, expanding at a 4.1% CAGR.
• China will emerge as a lucrative market, with sales of liquid eggs surging at a robust 8.9% CAGR.
• Sales of liquid eggs are projected to grow at a 9.6% CAGR, placing India one of the top producers of liquid eggs in the world.
• The U.K. is expected to witness high demand for liquid eggs, with growth projects at 5% through 2031.
• Owing to the presence of emerging market players, Germany is expected to witness an uptick in liquid eggs demand, growing at a 2.5% CAGR.

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Growth Drivers:
• Growing awareness regarding protein consumption in emerging economies will boost sales of liquid eggs.
• Sustainable packaging options and product innovations will surge demand for liquid eggs.
• Expansion of pharmaceuticals, food service, packaged food, and cosmetics industry will propel liquid eggs sales.

Competitive Landscape
Top players operating in the global liquid egg market are focusing on research and development to improve their product portfolios. Apart from this, strategic collaborations, mergers, and acquisitions will emerge as prominent growth strategies among key players.

For instance, in May 2021, Cal Main acquired shares of River Valley Egg Farm. River valley is a joint venture between Rose Acre Farms and Cal-Maine Foods. Through this acquisition, Cal-Maine is aiming to improve its product offerings and expand its global footprint.

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Leading Players in the Liquid Egg Market Include:
• Cal Maine
• Ovostar Union
• Kewpie Corporation
• Michael Foods Inc.
• Sysco Corporation
• Cargill Inc.
• Nest Fresh Eggs Inc.
• Global Food Group Inc.
• Bumble Hole Foods
• Rose Acre Farms

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