Press release
Egg Processing Market: Progressive Growth, Market Value, and Emerging Trends through 2025
Egg Processing Market
What Is The Projected Market Size Of The Global Egg Processing Market And Its Growth Rate?
The Egg Processing Market size has seen a sustained rise over the years due to increasing egg consumption and industrialization of poultry farming.
•2024 Market Size: $29.26 billion
•2025 Market Size: $30.23 billion (3.3% CAGR)
•2029 Projected Market Size: $35.37 billion (4.0% CAGR)
The growth is attributed to sustainable egg production practices, customized product solutions, and the globalization of food supply chains.
What Is Driving The Growth In The Egg Processing Market?
The increase in the demand for ready-to-eat and convenience foods is significantly contributing to the growth of the Egg Processing Market. These types of foods have gained popularity as time savings and convenience have become more important to consumers. In fact, the rise in the ready meals market, a subcategory of ready-to-eat foods, has seen a significant increase. Figures published by Agriculture and Agri-Food Canada in April 2024 show that the price of these meals increased from $6,362.2 million in 2022 to $6,633.65 million in 2023, clearly demonstrating the rising demand for ready-to-eat and convenience food.
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Who Are the Key Players Driving Egg Processing Market Growth?
The significant contributors to the growth of the Egg Processing Market include:
•Cargill Inc.
•Arla Foods Ingredients Group P/S
•DuPont de Nemours Inc.
•Kerry Group plc.
•Glanbia PLC
•Puratos Group
•Cal-Maine Foods Inc.
What Are The Key Trends In The Egg Processing Market?
Notable trends in the Egg Processing Market include:
•Technological integration in processing
•Advancements in packaging solutions
•Investment in research and development
•Collaborations in the food industry
•Online retail and direct-to-consumer channels
What Are The Segments Of The Global Egg Processing Market?
1) By Product Form: Whole Egg, Egg Yolk, Egg White
2) By Product Type: Dried Egg Products, Liquid Egg Products, Frozen Egg Products
3) By Application: Bakery And Confectionery, Dairy Products, Ready-To-Eat, Soups And Sauces, Other Applications
Which Region Leads The Egg Processing Market?
In 2024, North America held the largest share of the global Egg Processing Market. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Egg Processing Market Global Market Report?
- Market Size Analysis: Analyze the Egg Processing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Egg Processing Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Egg Processing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Egg Processing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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