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Egg Ingredients Market worth $17.04 billion by 2030, growing at a CAGR of 5.18% - Exclusive Report by 360iResearch
Egg Ingredients Market | 360iResearch
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.
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.
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 Liquid is projected to witness significant market share during forecast period.
Based on End-Use, market is studied across Cosmetics, Food & Beverage, and Pharmaceuticals. The Food & Beverage 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.
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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.
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
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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