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Egg Products Market Set to Reach US$ 26.94 Billion by 2033, Fueled by Growing Health Consciousnes

03-01-2024 05:04 AM CET | Food & Beverage

Press release from: Fact.MR

Egg Products Market Set to Reach US$ 26.94 Billion by 2033, Fueled

By the end of 2033, the global egg products market (卵製品市場)is expected to have grown from its current size of US$ 13.07 billion to US$ 26.94 billion. Over the next ten years, it is anticipated that global sales of egg products would rise at a faster rate of 7.5% CAGR than the historical CAGR of 4.7% (2018 to 2022).

Because of its great nutritional content and versatility in a variety of recipes and food preparations, egg products are becoming more and more popular globally. Over the ensuing years, it is also projected that rising demand for bakery and confectionery goods will support market expansion and, in particular, increase demand for chilled liquid eggs.

Download a Sample Copy Of Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=7058

Eggs have long been a staple in diets worldwide, valued for their versatility, nutritional richness, and affordability. However, with changing consumer preferences and lifestyle trends, the egg industry is experiencing a significant evolution, giving rise to the flourishing Egg Products Market. This market, characterized by a diverse range of processed egg offerings, is poised for remarkable growth as it adapts to meet the demands of modern consumers.

Competitive Landscape:

Elite providers of egg products (계란 제품 시장)are concentrating on breaking into new markets by broadening the scope of their operations with novel products and other alluring approaches.

In March 2023, Charoen Pokphand Foods Public Company Limited (CP Foods) made history by announcing that it was prepared to send its first export consignment of frozen pasteurized liquid whole eggs from Thailand to Japan. CP Foods is the first Thai company to accomplish this achievement. The business intended to grow into more foreign markets.

The Evolution of Egg Products

Traditionally, eggs were consumed primarily in their whole form. However, advancements in food processing techniques have led to the development of a wide array of egg products, including liquid eggs, powdered eggs, and various forms of egg derivatives such as egg whites and yolks. These products offer convenience, extended shelf life, and versatility in culinary applications, catering to the needs of busy consumers and foodservice establishments alike.

Key Companies Profiled:
• Tyson Foods Inc.
• Daiya Foods Inc.
• Rembrandt Enterprises Inc.
• Noble Foods Ltd.
• Michael Foods Inc.
• The Kraft Heinz Company
• SKM Egg Products Export
• Andros
• Ningbo Jiangbei Dexi Foods Co. Ltd.
• Barry Farms
• Hy-Line International
• Pilgrim's Pride Corporation
• Tree Of Life Inc.
• Venkys India

Health Consciousness Driving Demand

One of the primary drivers behind the growth of the Egg Products Market(Marché des produits à base d'œufs) is the increasing emphasis on health and wellness among consumers. Eggs are recognized for their high protein content, essential vitamins, and minerals, making them a favored choice for individuals seeking nutritious food options. Moreover, the popularity of high-protein diets and the growing awareness of the health benefits associated with egg consumption have further fueled demand for egg products.

Diverse Applications Across Industries

The versatility of egg products (Markt für Eierprodukte) extends beyond the realm of home cooking, with applications spanning various industries. In the foodservice sector, liquid eggs and powdered eggs are widely used in commercial kitchens for baking, cooking, and food preparation. Similarly, in the food manufacturing industry, egg derivatives serve as key ingredients in a multitude of products, including baked goods, pasta, sauces, and dressings.

Moreover, the cosmetic and pharmaceutical industries utilize egg-derived proteins for their emulsifying, foaming, and binding properties in skincare products, hair care formulations, and pharmaceutical preparations. This diverse range of applications underscores the significance of egg products as essential ingredients in numerous consumer goods and industrial processes.

Read More: https://www.factmr.com/report/egg-products-market

Market Outlook and Future Trends

The Egg Products Market is poised for continued expansion in the coming years, driven by factors such as increasing consumer demand for convenient and nutritious food options, advancements in food processing technologies, and the expanding applications of egg derivatives across industries. Market analysts project that the market will surpass significant valuation milestones in the near future, fueled by sustained innovation and evolving consumer preferences.

Furthermore, emerging trends such as plant-based egg alternatives and fortified egg products are expected to shape the future of the market, catering to the preferences of health-conscious consumers and addressing sustainability concerns. As the Egg Products Market continues to evolve, opportunities abound for industry players to innovate, differentiate, and capture a larger share of this dynamic and thriving market.

Key Segments of Egg Products Industry Research:

• By Product Type :
o Frozen
 Whole Eggs
 Egg White
 Egg Yolks
o Refrigerated Liquid
 Whole Eggs
 Egg White
 Egg Yolks
o Dried
 Whole Eggs
 Egg White
 Egg Yolks
o Specialty Egg Products

• By Target Group :
o Food Processing Industry
 Bakery & Confectionery
 Creamy Sauces
 Ice Cream & Frozen Desserts
 Mayonnaise
 Noodles & Pasta
 Salad Dressings
 Others
o Food Service Providers
o Retail/Household
 Convenience Stores
 Discount Stores
 Grocery Stores
 Modern Trade
 Online Retail
 Specialty Food/Sports Stores
 Wholesalers
 Other Sales Channels

• By Region :
o North America
o Latin America
o Europe
o APAC
o MEA

In conclusion, the Egg Products Market stands at the intersection of tradition and innovation, offering a diverse range of processed egg offerings that cater to the evolving needs and preferences of consumers and industries worldwide. With its nutritional richness, versatility, and wide-ranging applications, egg products are poised to remain a cornerstone of the global food and agriculture industry for years to come. As the market continues to grow and evolve, it presents exciting opportunities for businesses to capitalize on emerging trends, drive innovation, and meet the demands of a rapidly changing marketplace.

Top Related Reports in the industry:
Edible Insects for Animal Feed Market (飼料市場向けの食用昆虫) https://www.factmr.com/report/edible-insects-for-animal-feed-market
Food Grade Gellan Gum Market (食品グレードのジェランガム市場) https://www.factmr.com/report/food-grade-gellan-gum-market
Food Grade Xanthan Gum Market (食品グレードのキサンタンガム市場) https://www.factmr.com/report/food-grade-xanthan-gum-market

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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. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

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