Press release
Dried Egg Market Survey Detailed Analysis and Forecast 2024-2031
Dried Egg Market Size, Share & Trends Analysis Report By Product (Whole Eggs, Egg Whites, Egg Yolk, Dried Egg Mixtures, Organic Whole Egg), By End-Use, By Distribution Channel, By Region, And By Segment Forecasts, 2024-2031.Dried Egg Market" in terms of revenue was estimated to be worth $2.39 billion in 2023 and is poised to reach $4.44 billion by 2031, growing at a CAGR of 8.17% from 2024 to 2031 according to a new report by InsightAce Analytic.
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Latest Drivers Restraint and Opportunities Market Snapshot:
The following are the primary obstacles to the dried egg market 's expansion:
• Missing infrastructure facilities
• rules on product safety and quality
• High cost
Key factors influencing the global dried egg market are:
• Raising awareness about health and wellness
• Increasing interest in practical, time-saving foods
• Increasing disposable income
Future expansion opportunities for the global dried egg market include:
• Increasing in the purchase of pre-packaged foods
• Ingenious recipes relating to eggs
• Modern eating habits
Market Analysis:
Whole eggs or specific egg components desiccated through vacuum or spray drying are examples of dried eggs. The global demand for dried eggs is anticipated to increase in the future years as they become a staple in both commercial and residential kitchens. Dried eggs are more prevalent than fresh ones due to their prolonged shelf life, reduced storage space volume, ease of digestion, and lower cost. This is a significant factor that could support the market for dried eggs, as dried eggs have a significantly extended shelf life than fresh eggs.
List of Prominent Players in the Dried Egg Market:
• Ballas Egg Products Corp.,
• Ovovita,
• OvaInnovations,
• Nutrios (Symrise Pet Food),
• GePro poultry protein mbH & Co.KG,
• HENNINGSEN FOODS,
• Interovo Egg Group Bv,
• Sanovo Technology A/S,
• Agroholding Avangard,
• Kewpie Corporation,
• Rose Acre Farms,
• Rembrandt Enterprises,
• Michael Foods, Inc.,
• Consuma Ltd,
• Ovostar Union V,
• Modernist Pantry,
• Manshi,
• Adriaan Goede BV,
• Texas Natural,
• Supply,
• Henningsen Foods,
• Derovo,
• Igreca,
• Bouwhuis Enthoven,
• Pulviver,
• Wulro Bv
• Venky's(India) Limited
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Recent Developments:
• In January 2024, We are delighted to introduce the Case Packer CoFlex, SANOVO TECHNOLOGY GROUP's case packaging solution for grading and packing stations. CoFlex, an acronym for "Collaborative Robot and Flexibility," is a new addition to our lineup that is specifically designed to address the demand for adaptable end-of-lane packaging solutions. This product is a valuable addition to our already impressive Case Packer Twin collection.
• In October 2023, Post Holdings, a distributor and manufacturer of consumer-packaged products, has disclosed its plans to expand its Michael Foods facility in Norwalk, Iowa.
• In March 2023, Henningsen Foods introduced a new dried whole-egg bead called Eggsentials. An increase in nutritional value was the impetus for releasing the new product.
Dried Egg Market Dynamics:
Market Drivers: Raising Awareness about Health and Wellness
The desiccated egg industry is expanding as a result of the increasing demand for low-fat, nutritious, and nutrient-dense meals. Market growth is further influenced by the demand for food and drink, increased health consciousness, and changing lifestyles, which are a result of population growth and disposable income. Egg powder's market value is bolstered by its extended shelf life, which is a significant advantage over ordinary eggs. The future of the dried egg market is promising due to the increasing demand for functional, portable, and convenient consumables.
Challenges: High cost
The industry's expansion is anticipated to be impeded by the exorbitant costs of producing desiccated eggs. Producing dried eggs from home is also a tedious process. The market's expansion is also impeded by the absence of essential infrastructure in developing and underdeveloped economies. The market's expansion is significantly threatened by the growing prevalence of plant-based diets and their influence on the frequency of animal disease outbreaks.
The demand for desiccated eggs may decrease as vegan and plant-based egg products become more prevalent.
North America is Expected to Grow with the Highest CAGR During the Forecast Period
The desiccated egg market in North America is anticipated to experience a substantial revenue share and a rapid compound annual growth rate (CAGR) in the near future. This is due to the increasing number of individuals who are seeking to lead healthier lives, are becoming aware of the advantages of egg powder, and are seeking food that is both nutritious and low in caloric. An increasing population and disposable income are additional indirect factors that influence market expansion.
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Segmentation of Dried Egg Market-
By Product-
• Whole Eggs
• Egg Whites
• Egg Yolk
• Dried Egg Mixtures
• Organic Whole Egg
By Distribution Channel
• Direct Distribution Channel
• Indirect Distribution Channel
• Hypermarket/ Supermarket
• Convenience Stores (Departmental Stores, Food & Drink Specialty Stores)
• Online
• Others (Specialty Stores And Others)
By End-use Application-
• Food Ingredients
• Bakery
• Confectionery
• Snacks & Ready-To-Cook
• Meat Products
• Sauces & Dressings
• Dairy
• Others (Beverages & Other Food Products)
• Personal Care & Cosmetics
• Nutraceuticals & Pharma
• Animal Feed & Pet Food
• Horoeka
• Household
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
Details insights on this market: https://www.insightaceanalytic.com/report/global-dried-egg-market-/1395
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