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Global Egg Processing Market Projected to Grow at 4% CAGR, Reaching $35.36 Billion by 2029
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Will the Egg Processing Industry Market Size Be by 2025?
The expansion of the egg processing industry has been constant in the past few years. The market size is expected to increase from $29.26 billion in 2024 to $30.23 billion in 2025, with a compound annual growth rate (CAGR) of 3.3%. The historical growth is due to factors such as the rise in egg consumption, the industrial growth of poultry farming, increasing consumer demand for protein, the implementation of food safety regulations, the expansion of ready-to-eat market, along with overall economic growth and urbanization.
What's the Long-Term Growth Forecast for the Egg Processing Market Size Through 2029?
The scale of the egg processing market is anticipated to undergo consistent expansion in the coming years, reaching a size of $35.37 billion in 2029 with a compound annual growth rate (CAGR) of 4.0%. Sustainable egg production methods, tailored product solutions, government-backed nutrition initiatives, plant-based alternatives, and globalization of food supply chains are among the factors anticipated to drive growth throughout the forecast period. Additionally, the integration of technology in processing, improved packaging solutions, research and development investments, collaborations within the food industry, and the emergence of online retail and direct-to-consumer channels are seen as major trends set to shape the industry across the forecast period.
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What Are the Key Growth Drivers Fueling the Egg Processing Market Expansion?
The escalation in preference for ready-to-eat and convenience foods is fueling the expansion of the egg processing market. These are shelf-stable products designed for the consumer's convenience. The consumption of ready-to-eat foods has seen a notable upswing as factors like convenience and saving time have gained prominence. Egg processing plays a key role in the creation of specialty egg products, which are sold as convenience foods directly to consumers or eateries. For example, as per the data published by Agriculture and Agri-Food Canada, a government agency in Canada, in April 2024, the sales of ready meals, a type of ready-to-eat food, amounted to $3.19 billion (Can$4.4 billion) in 2023. The price of these ready meals, which was $6,362.2 million (Can$ 8,773.6 million) in 2022, surged to $6,633.65 million (Can$9,147.9 million). Hence, it is clear that the growing preference for ready-to-eat and convenience foods acts as a significant propellant for the egg processing market.
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What Are the Key Trends Driving Egg Processing Market Growth?
The rising trend in the egg processing market is driven by technological advancements. To enhance yield and produce superior egg products, major corporations active in this market are incorporating cutting-edge technologies and attempting to outpace their competitors. For example, Sanovo, a renowned egg processing firm based in Denmark, introduced the HatchPerformance Line in November 2022, which is an exclusive solution for handling delicate, fertile eggs. This line includes three primary modules that can be further customized. The central components - an electronic egg grader, an egg packer, and a trolley loader, unite to deliver the highest quality egg supply thus boosting hatchability rates. This comprehensive system allows breeder farmers to dodge direct contact with the fertilized eggs, thereby reducing the risk of contamination affecting the embryo or spreading to other eggs.
How Is the Egg Processing Market Segmented?
The egg processing market covered in this report is segmented -
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
Subsegments:
1) By Whole Egg: Liquid Whole Egg, Dried Whole Egg, Frozen Whole Egg
2) By Egg Yolk: Liquid Egg Yolk, Dried Egg Yolk, Frozen Egg Yolk
3) By Egg White: Liquid Egg White, Dried Egg White, Frozen Egg White
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Which Companies Are Leading the Charge in Egg Processing Market Innovation?
Major companies operating in the egg processing market are Cargill Inc., Arla Foods Ingredients Group P/S, DuPont de Nemours Inc., Kerry Group plc., Glanbia PLC, Puratos Group, Cal-Maine Foods Inc., Rose Acre Farms Inc., Rembrandt Enterprises Inc., Michael Foods Inc., Hickman's Family Farms Inc., Daybreak Foods Inc., Sauder's Eggs, Hillandale Farms, Sparboe Farms Inc., Weaver Brothers Inc., Herbruck's Poultry Ranch, Trillium Farm Holdings LLC, Centrum Valley Farms LLP, Avril SCA, Bouwhuis Enthovan BV, Eurovo SRL, Igreca SA, Interovo Egg Group BV, Moba BV, Ovobel Foods Limited, Sanovo Engineering AS, Pelbo SPA
Which Regions Are Leading the Global Egg Processing Market in Revenue?
North America was the largest region in the egg processing market share in 2024. The regions covered in the egg processing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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