Egg Ingredients Market worth $17.04 billion by 2030, growing at a CAGR of 5.18% - Exclusive Report by 360iResearch

The "Egg Ingredients Market by Product (Egg White Peptide, Egg Yolk Lecithin, Eggshell Membrane), Form (Liquid, Solid), End-Use - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Egg Ingredients Market to grow from USD 11.96 billion in 2023 to USD 17.04 billion by 2030, at a CAGR of 5.18%.

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Egg ingredients refer to processed or convenience products derived from eggs used in food manufacturing and culinary applications. These ingredients include whole egg products, egg whites, egg yolks, and various processed egg forms such as powdered, liquid, and frozen. They are utilized for their functional properties, including emulsification, coagulation, foaming, and maintaining moisture, in various food products. Additionally, egg ingredients are valued for their nutritional content, offering a source of high-quality protein, vitamins, and minerals. Rising consumer demand for convenience foods has led to increased use of egg ingredients in these products, and favorable government policies related to food safety and egg production standards contribute to market growth. However, fluctuations in egg prices due to feed costs or avian flu outbreaks can impact the market's stability. Nevertheless, innovations in egg processing technology, leading to more sustainable and efficient production methods and growth in the functional food sector, focusing on protein-enhanced and immunity-boosting products, are anticipated to create potential opportunities for market growth.

Form: Burgeoning adoption of solid egg ingredients owing to their flexibility in usage

The liquid form of egg ingredients is one of the primary categories used in various food processing and food service industries. Liquid egg products include whole eggs, egg whites, and egg yolks in a liquid state, often pasteurized for safety and extended shelf life. Liquid egg ingredients are preferred for convenience, ease of use, and consistency. Liquid egg ingredients eliminate the need for cracking and separating eggs, thus saving time and reducing waste. Food manufacturers prioritize liquid eggs for large-scale food preparations where quick blending into recipes is necessary. Solid egg ingredients include dried or powdered eggs, used for their long shelf life and convenience in storage and transportation. Solid egg ingredients are preferred when storage capabilities are limited and extended shelf life is necessary. They are used extensively in camping foods, military rations, baking mixes, and other non-perishable food items. Unlike their liquid counterparts, solid egg ingredients do not require refrigeration, making them convenient for transport and storage in various climates. They provide flexibility in usage, particularly for manufacturers who seek to control the intensity of the egg flavor by adjusting the reconstitution ratios.

End-Use: Evolving usage of egg ingredients in food and beverage sector

The inclusion of egg ingredients in cosmetics is driven by the need for natural and protein-rich additives to enhance the quality of skincare and beauty products. Egg albumen is lauded for its skin-tightening properties, while egg yolk offers moisturizing benefits due to its fatty acid content. The cosmetics industry prioritizes these properties to cater to the growing demand for natural and gentle cosmetic formulations. The food and beverage sector is the primary consumer of egg ingredients, leveraging their functional properties such as emulsification, coagulation, and foaming in various applications ranging from baked goods, sauces and dressings. There is a need-based preference for different forms of egg ingredients such as whole eggs, yolks, whites, powders, and specialized preparations to suit specific food processing requirements. Egg ingredients in the pharmaceutical industry are often associated with vaccine production, specifically flu vaccines, where egg proteins are necessary for cultivating certain virus strains. The preference here is based on the requirement for high-purity and well-characterized ingredients to comply with stringent pharmaceutical standards.

Product: Increasing use of egg white peptide owing to their potential health benefits

Egg white peptide is derived from egg whites and hydrolyzed to create small chains of amino acids called peptides, which have been recognized for their potential health benefits, including improving blood pressure, reducing inflammation, and aiding in recovery after exercise. The preference for egg white peptide arises in the nutraceutical, cosmetic, and food and beverage industries as consumers seek natural and health-supportive ingredients. Egg yolk lecithin is a lipid that naturally occurs in egg yolks, featuring a high concentration of phospholipids beneficial for their emulsifying properties and their role in maintaining cell membrane integrity. Need-based preference for egg yolk lecithin includes its vast application in the food industry, particularly in bakery and confectionery, for its emulsion-forming abilities, in dietary supplements and pharmaceuticals where it's utilized for its potential cognitive health benefits. The eggshell membrane is the transparent film lining eggshells, known for its content of collagen, elastin, and other beneficial proteins. It is primarily sought after for its use in dietary supplements due to its joint health benefits, including relieving joint pain and reducing stiffness. The cosmetic industry also expresses interest due to its skin health benefits. The aging population and the growing need for natural health products drive the preference for eggshell membranes.

Regional Insights:

In the Americas, the United States stands out as a significant consumer of egg ingredients. It is primarily driven by health-conscious consumers and a robust food industry integrating egg components for nutritional benefits. Furthermore, customer purchasing behavior in these regions is heavily influenced by stringent food safety regulations and a preference for clean-label, sustainable produce. Innovative research, such as the development of high-omega-3 eggs, and initiatives to promote cage-free eggs exemplify the advance toward more specialized egg products. EU countries strongly prefer food safety and traceability, mainly due to the strict regulatory framework governing the food industry. This region witnesses a high demand for pasteurized egg ingredients, focusing on minimizing the risk of salmonella and other contaminants. Consumer behavior indicates a lean towards organic and free-range eggs, reflecting awareness of animal welfare issues. Recent investments and research in the EU aim to improve egg production sustainability and develop alternative protein sources to supplement traditional egg ingredients. The egg ingredients market is expanding in the Asia Pacific region due to an increasing population and rising incomes, which facilitate more protein-rich diets. Furthermore, countries in this region are conducting egg ingredient research to enhance functionality and shelf-life. The purchasing behavior across these countries is marked by value for money and demand for convenient, ready-to-use products. On the other hand, the Middle East and African countries are showcasing an increasing consumption of processed foods, thus driving the need for egg ingredients in this sector. Furthermore, in both these countries, consumer needs are increased by the rise in quick-service restaurants and a younger demographic. Research and investment within EMEA focus on improving the cold chain infrastructure to manage the egg ingredient supply chain effectively.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Egg Ingredients Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Egg Ingredients Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Egg Ingredients Market, highlighting leading vendors and their innovative profiles. These include A.G. Foods Limited, Avangard by UkrLandFarming, Bouwhuis Enthoven by Van Beek Group, Deb EL Food, Dutch Egg Powder Solutions by Wulro B.V, EPS S.P.A., Eurovo Group, Farm Pride, IGRECA France, Interovo Egg Group B.V., Jiangsu Kangde Eggs Co., Ltd., Kewpie Corporation, M&D Prize Foods Pte Ltd., Merck KGaA, Oskaloosa Foods, OVOBEST Eiprodukte GmbH & Co. KG, Peggs India by Raja Farms Pvt. Ltd., Pulviver, ReadyWise, Rembrandt Foods, Rose Acre Farms, Sanovo Technology Group, Taj Agro International, Venky's India Ltd., and ТМ Ovostar.

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Market Segmentation & Coverage:

This research report categorizes the Egg Ingredients Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Egg White Peptide, Egg Yolk Lecithin, and Eggshell Membrane. The Eggshell Membrane is projected to witness significant market share during forecast period.

Based on Form, market is studied across Liquid and Solid. The Solid is projected to witness significant market share during forecast period.

Based on End-Use, market is studied across Cosmetics, Food & Beverage, and Pharmaceuticals. The Pharmaceuticals is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 37.38% in 2023, followed by Americas.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Egg Ingredients Market, by Product
7. Egg Ingredients Market, by Form
8. Egg Ingredients Market, by End-Use
9. Americas Egg Ingredients Market
10. Asia-Pacific Egg Ingredients Market
11. Europe, Middle East & Africa Egg Ingredients Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Egg Ingredients Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Egg Ingredients Market?
3. What is the competitive strategic window for opportunities in the Egg Ingredients Market?
4. What are the technology trends and regulatory frameworks in the Egg Ingredients Market?
5. What is the market share of the leading vendors in the Egg Ingredients Market?
6. What modes and strategic moves are considered suitable for entering the Egg Ingredients Market?

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