Egg and Egg Products Market - Global Industry Growth 2024
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The report throws light on the competitive dynamics in the market by profiling key players and their winning strategies. It presents an array of graphics centered on the market size, its key segments, and dominant players. SWOT analysis, which studies the strengths, weaknesses, opportunities, and threats, has been leveraged in order to derive a better understanding of the market. Using all the information, the report makes projections for market growth from 2016 to 2024.
Eggs are a rich source of protein and have undergone a makeover of sorts in the past decade. Supermarkets these days are flooded with varieties of eggs touting special health benefits. Alongside eggs, the market for egg products has also developed significantly. Edible products manufactured from various components and blends of eggs are labelled as egg products. They can be complemented by other food products or additives and can be found in different forms such as frozen, crystallized, deep-frozen, concentrated, liquid, and solid with a three-week-long shelf life.
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The TMR report states that the U.S., China, India, Indonesia, Brazil, Japan, France, and Mexico together produce almost 70% of the eggs. Among them, China producing 36% of eggs and Latin America about 11%. Based on the types of egg products, the report segments the market into pasteurized liquid white, pasteurized liquid yolk, pasteurized liquid egg, hardboiled egg, dehydrated yolk, dehydrated egg, dehydrated white, and ready-to-cook meals with egg as their main ingredient.
The TMR report reveals that the global market for eggs and egg products has had a stellar showing in terms of sales and revenue so far. With a rapidly rising middle class population in the developing economies of Asia, namely India and China, and their purchasing power on the rise, the per capita consumption of eggs has seen a significant growth in the last few years. Moving forward, TMR expects steady growth in the market on the heels of enhanced technologies and tools improving the safety and quality of eggs. In order to satiate the burgeoning world population’s nutritional needs as well as palate with various preferences, new entrants are fast venturing into the market with unique offerings.
By geography, the TMR report segments the global egg and egg products market into North America, Europe, Asia Pacific, and Rest of the World. Asia is the leading market due to a high consumption of eggs in China and India. Some of the prominent players in the report are Ningbo Jiangbei Dexi Foods Co. Ltd., Cal-Maine Foods, Inc., Land O'Lakes, Inc., Noble Foods Ltd, and Tyson Foods, Inc.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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