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Egg Powder Market to Reflect Impressive Growth Rate by 2024

Egg Powder Market to Reflect Impressive Growth Rate by 2024

Egg powder market is further segmented on the basis of region as, Latin America, North America, Europe, Middle East and Africa and Asia Pacific. World’s largest egg powdered products net exporters are India, China, Argentina, U.S. and Canada. In regional segments Asia Pacific market possess significant potential as China and Japan consumes egg and its products in huge quantity. Asia Pacific is followed by Latin America and Europe.

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Lactose free is also a factor anticipated to drive market of egg powder as it becomes ideal for consumers who cannot have dairy products owed to lactose intolerance. Egg powder also contains low carbohydrate, resulting in weight loss goals, which increases its demand in the market. Egg powder are low in saturated fat which drives its demand in the market. Egg powder can be stored for a span of 5-10 years and need not be refrigerated thus, driving its demand in the market.

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The market of egg powder is anticipated to be driven by various factors such as economical, easy to store, convenient and easy to use. Egg powder because of its unique composition, have longer shelf life when compared with whole eggs, can be shipped easily from one place to another, they have low weight per volume, egg powder purchase is more economical and they require low storage space.

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Key global market players manufacturing egg powder for different applications include, EGGWAY, PIERMEN B.V., Ovobel Foods Limited, Henryson Foods International Limited, Rose Acre Farms, Sunspray Food Ingredients (Pty) Ltd, Noble Egg Innovations, Rembrandt Enterprises and others.

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