Press release
Dried Egg Market is Forecasted to Reach US$ 5.35 Billion at 8.3% CAGR by 2033
According to Fact.MR, the global dried egg market is valued at US$ 2.41 billion in 2023 and is anticipated to reach a valuation of US$ 5.35 billion by 2033-end. Worldwide consumption of dried eggs is projected to surge at 8.3% CAGR over the next ten years.Dried eggs are made from fresh eggs or eggs that have been partially dehydrated using a drying technique like vacuum drying or spray drying. They typically have a much longer shelf life than fresh eggs, which is a key factor that could support the development of the dried egg industry in the upcoming years.
Dried eggs are quickly becoming a mainstay in both commercial and domestic kitchens, which is expected to increase demand for them globally in the coming years.
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Competitive landscape:
Top-tier dried egg suppliers are making efforts to expand their business in new regions and markets to gain a competitive advantage over other market players and improve revenue generation capacity as well.
• In June 2022, Ise Foods, Japan's leading egg producer, launched its operations in the Indian market. The company is selling its products in India through a joint venture named Ise-Suzuki Egg India Pvt. Ltd.
Market Drivers:
1. Longer Shelf Life and Convenience: Dried eggs offer a longer shelf life compared to fresh eggs, making them a convenient and stable alternative for consumers and food manufacturers. The extended shelf life reduces the risk of spoilage and waste, making dried eggs an attractive option for various applications.
2. Food Processing and Bakery Industry: The food processing and bakery sectors are major consumers of dried eggs. Dried egg products are widely used as functional ingredients in the production of bakery goods, pasta, noodles, and other processed food items.
3. Extended Applications in Food Products: Dried eggs are versatile and find application in various food products, including sauces, dressings, soups, confectionery, and ready-to-eat meals. Their ability to serve as a binding and emulsifying agent contributes to their widespread use in the food industry.
4. Food Safety and Quality Assurance: Dried eggs are pasteurized during the drying process, reducing the risk of foodborne illnesses associated with raw eggs. This aspect enhances food safety and quality assurance, attracting consumers and food manufacturers concerned about food safety.
5. Convenience and Portability: Dried eggs are lightweight and easy to transport, making them a convenient option for food manufacturers in terms of storage and shipping. For consumers, dried egg products offer convenience and ease of use, especially in situations where access to fresh eggs is limited.
6. Vegan and Allergen-Free Alternatives: For consumers with egg allergies or those following a vegan lifestyle, dried egg replacers offer a viable option to replace eggs in recipes and food products without compromising on texture and structure.
7. Extended Applications in the Pet Food Industry: Dried egg products are also used as nutritional supplements in the pet food industry. They provide essential nutrients, such as protein and amino acids, for pets' overall health and well-being.
Key Segments Covered in Dried Egg Industry Research:
• By Product Type :
• Whole Eggs
• Egg White
• Egg Yolks
• By End-use Application :
• 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
• Grocery Stores
• Modern Trade
• Online Retail
• Specialty Food/Sports Stores
• Wholesalers
• Other Sales Channels
• By Region :
• North America
• Latin America
• Europe
• APAC
• MEA
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How will be insights and market estimations provided in the Fact.MR report on the Demand of Dried Egg make a difference?
• The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
• The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
• The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
• Provides scrutiny of the industry trends that have shaped recent government policies
• Provides an account of major breakthroughs in all segments that might change the course of the market considerably
• Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Dried Egg Market
• Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
• Evaluates the role of various stages of funding on new growth avenues in key regional markets
Contact:
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United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
About Fact.MR
we are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year.
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