The GMI Research forecasts that the global egg powder market is witnessing an upsurge in demand over the forecast period starting from 2020 till 2027. This is mainly due to the rising disposable income, growing adoption of a healthy lifestyle, increasing health concerns, and the strong demand for healthy food products among consumers.
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Egg powder is the powder form of regular eggs, which is generated by the dehydrating method or spray drying. This process helps to raise the shelf life of the product compared to regular eggs. Egg powder is available in a versatile product range such as egg yolk powder, whole egg powder, and egg albumen powder. Egg powders are used in several end-use products such as food and beverage products, cosmetic products, and personal care, among others.
The major factor fuelling the growth of the global egg powder market include the rising application of egg powder in bakery, dairy, confectionery, and other food products. The growing disposable income, growing health concerns, increasing adoption of a healthy lifestyle, and the strong demand for healthy food products among consumers are some other factors propelling the growth of the market. Rising demand for egg powder in personal care and cosmetic products will further surge the growth of the global egg powder market. The egg powder provides various advantages such as abundant nutritional value, longer shelf life, and need less storage. All these factors are anticipated to energize the demand of the global egg powder market during the forecast period. The increasing fitness trend among the young population is further boosting the market growth. Major players are investing in numerous marking and promotion strategies to raise awareness among consumers, which is projected to contribute to market growth. On the other hand, the high risk of contamination regarding egg & egg powder and variations in the price of raw materials will hinder the growth of the global egg powder market.
Based on the Type, the whole egg powder segment is projected to grow at a higher CAGR during the forecast period due to the increasing usage of whole egg powder in baking cake and the rising egg powder consumption over the forecast period.
Key Players of the Global Egg Powder Market:
• Ovostar Union N.V.
• Adriaan Goede BV
• Rose Acre Farms
• Rembrandt Enterprises Inc.
• Pulviver
• Wulro BV
• Agroholding Avangard
• Deb-El Foods
• Sanovo Egg Group
• Ovobel Foods Limited
Market Segmentation:
Global Egg Powder Market Report Segment by Type:
• Whole Egg Powder
• Egg Yolk Powder
• Egg Albumen Powder
Global Egg Powder Market Report Segment by End-Use:
• Food & Beverages
o Bakery
o Dairy & Frozen Desserts
o Beverages
o Functional Food & Beverages
o Others
• Personal Care & Cosmetics
• Nutraceuticals & Pharma
• Animal Feed & Pet Food
Global Egg Powder Market Report Segment by Region:
• North America
o United States of America
o Canada
• Asia Pacific
o China
o Japan
o India
o Rest of APAC
• Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
• RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, be it small and medium enterprises or large organization. Our research team helps the clients to understand the importance and impact of the market dynamics. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use both internal and external databases to cull out relevant information about the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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