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Egg Protein Market Size Surpass $38.90 Billion & Expected to Witness Healthy Growth At CAGR of 4.8% Through 2026

04-04-2023 12:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Egg Protein Market

Egg Protein Market

Allied Market Research recently published a report, titled, "Egg Protein Market by Type (Egg White Protein, Whole Egg Protein, and Egg Yolk Protein), Application (Food & Beverages, Nutrition, Personal Care & Cosmetics, Feed, and Others), and Form (Solid and Liquid): Global Opportunity Analysis and Industry Forecast, 2019-2026". According to the report, the global egg protein industry was pegged at $28.03 billion in 2019 and is projected to reach $38.90 billion by 2026, growing at a CAGR of 4.8% from 2019 to 2026.

Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/6373

Driving factors for the market

Consumer awareness regarding healthy diet, and rise in demand for proteins as nutritional and functional ingredients have boosted the growth of the global egg protein market. However, surge in demand for plant-based proteins hampers the market. On the contrary, innovations in products and introduction of protein supplements in the untapped markets are expected to create lucrative opportunities in the near future.

Key Players Are:

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.

Regional Analysis:

Europe, followed by North America, dominated the market

The global egg protein market across Europe, followed by North America, held the largest share in 2019, contributing to more than one-third of the market. However, the market across the Asia-Pacific region is expected to manifest the fastest CAGR of 6.3% during the forecast period, due to the development of the food & beverage industry and increase in awareness about nutritional supplements among consumers.

Procure Complete Report (224 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/f3f0112152994b3c10288a2b59a39b87

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.

Reason to Buy:

✅ Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Egg Protein Market.
✅ Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
✅ The key findings and recommendations highlight crucial progressive industry trends in the Egg Protein Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
✅ Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
✅ Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.
✅ Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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Based on type, the egg white protein held the largest share in 2019, contributing to more than half of the global egg protein market, owing to increase in adoption of protein ingredients in nutritional foods and cosmetics products. However, the egg yolk protein segment is expected to portray the fastest CAGR of 5.9% during the forecast period, owing to its multi-functionalities such as thickening, leavening, binding, preservatives/antimicrobial, emulsifying, and crystallization.

Browse Similar Reports:

Grass fed Protein Market - https://www.alliedmarketresearch.com/grass-fed-protein-market-A16599

U.S. and Australia Egg Protein Market - https://www.alliedmarketresearch.com/us-and-australia-egg-protein-market-A31557

Seaweed Protein Market - https://www.alliedmarketresearch.com/seaweed-protein-market-A16894

Fish Protein Market - https://www.alliedmarketresearch.com/fish-protein-market

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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 domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. 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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