Egg Powder Market Report 2019-2024 | Industry Key Players: Sanovo Group, Weko Group, Eurovo S.R.L

Global Egg Powder Market Research Report and Forecast 2024

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Global Egg Powder Market Overview: According to the latest report by IMARC Group, titled “ Egg Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024�, the global egg powder market reached a volume of around 197,552 Tons in 2018. Powdered eggs are fully dehydrated eggs processed by the spray drying method. The major advantages of egg powder over fresh eggs are the extended shelf-life and reduced weight per volume of whole eggs. Moreover, egg powder can be easily transported from one location to another, without the requirement of refrigeration an risking an y breakage. In addition to this, egg powder is highly convenient to use owing to its dry powdered from which leads to negligible product wastage an generate no residue after usage.

Due to these advantages, along with its easy storage and exceptional binding properties, egg powder is gradually replacing fresh eggs in the food industry across the globe.

Egg Powder Market Trends In recent years, a change in the consumption patterns of consumers has been witnessed owing to the rising health consciousness among them. They are now preferring protein-rich food products over carbohydrate-rich food which has augmented the sales of egg powder .

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157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2011

2012

2013

2014

2015

2016

2017

2018

In Billion US$

in Billion US$

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180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

Further, poultry production is insufficient for the population in some countries of the Middle East and Africa. As a result, they are largely dependent on imported egg powder to meet the local demand.

Looking forward, the market volume is projected to reach 251,076 Tons by 2024, at a CAGR of 4% during 2019-2024.

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Additionally, as the demand for egg yolk powder is increasing at a faster pace in comparison with whole egg powder, manufactures are offering value-added variants of egg yolk powder. For instance, they have introduced high gel and high whip egg yolk powders which possess excellent binding properties, and thus can be easily mixed with other food ingredients.

Market Segmentation by Type • • •

Whole Egg Powder Yolk Egg Powder White Egg Powder

On the basis of types, the market has been segregated into whole, yolk and white egg powder, At present, whole egg powder represent the most popular product type owing to its wide application in the food industry.

Market Segmentation by End-Users • •

Bakery Sauces, Dressings and Mixes

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Report Description •

Others (Desserts, Dietary Supplements, Pharma, etc.)

Based on end-uses, the egg powder market has been divided into bakery; sauces, dressings and mixes; and others (desserts, dietary supplements, pharma, etc.). Currently, bakery accounts for the majority of the market share.

Market Segmentation by Region • • • • •

Asia-Pacific Europe North America Middle East and Africa Latin America

Region-wise, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, Latin America, and Others. Amongst these, Europe is the leading market for egg powder, holding the largest share.

For more information, click here: https://www.imarcgroup.com/egg-powder-market

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Report Description Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players.

• • • • • •

Sanovo Group Weko Group Eurovo S.R.L Rembrandt Enterprises, Inc. Rose Acre Farms, Inc. KEWPIE Egg Corporation

Browse Related Report Protein Ingredients Market Report: https://www.imarcgroup.com/protein-ingredients-market Whey Protein (Powder and Concentrate) Market Report: https://www.imarcgroup.com/whey-protein-powder-and-concentrate-market

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