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Egg Powder Market, Size, Global Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis

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    Report

  • 150 Pages
  • February 2024
  • Region: Global
  • Renub Research
  • ID: 5411853

The global egg powder market is projected to be valued at around US$ 2,236.89 Million by 2030. Egg powder, a flexible culinary aspect, is a dehydrated form of eggs. It offers convenience and prolonged shelf life, produced by spray-drying complete eggs or separated additives like yolks or whites. This powdered shape keeps the nutritional value of fresh eggs, offering essential proteins, vitamins, and minerals. Widely used in baking, cooking, and food processing, egg powder eliminates the need for refrigeration, making it a sensible choice for both domestic and business applications. Its prolonged shelf life and clean storage make it a valuable staple in catastrophe relief efforts and for the ones searching for a dependable supply of incredible protein.

Moreover, egg powder, a practical alternative to fresh eggs, boasts extended shelf life, permitting storage without refrigeration - an asset for bakeries, restaurants, and households dealing with egg shortages. It is a dependable protein, nutrition, and mineral supply particularly beneficial in areas with restrained egg access. Its versatility complements baked goods, scrambled eggs, and diverse dishes. Notably, egg powder contributes critical choline for brain health. This dehydrated form aligns with comfort, nutritional value, and resilience for the duration of storage. It is a treasured culinary component for diverse programs, from everyday cooking to catastrophe relief efforts.

Global Egg Powder Market is projected to expand at a CAGR of 4.83% between 2024 to 2030

Rising disposable earnings drive customers' willingness to buy convenient and nutritious food. This trend fuels a surge in demand for egg powder, valued for its affordability and protein-rich content. The escalating reputation of gluten-free and vegan diets, in addition, boosts its enchantment, as egg powder aligns seamlessly with these dietary choices. Recognized as a naturally gluten-free and vegan factor, it caters to the evolving tastes of people adhering to these lifestyles. The intersection of convenience, nutritional advantages, and alignment with nutritional trends positions egg powder as a sought-after choice in the present-day food market.

Also, modern spray dryers with superior atomization and temperature manipulation yield finer, more soluble egg powder, improved baking performance, and very last product textures. Although costlier, freeze-drying preserves egg proteins, perfect for nutrition bars and toddler formulation. Incorporating functional elements like lipid or carbohydrate encapsulation extends shelf life. Enzymes and components enhance precise functionalities, addressing whipping potential and allergenicity. Advanced approaches like pre-cooked egg powders and customized particle sizes fit diverse applications. Innovations in active packaging and managed atmosphere storage similarly expand shelf life and enhance safety. These improvements highlight the dynamic and growth-oriented nature of the evolving egg powder market. Hence, the worth of the Global Egg Powder Market was US$ 1,607.83 Million in 2023.

Besides, egg powder's recognition in the Asia Pacific meets urban needs for convenient, shelf-stable ingredients. With over 4.5 billion residents (60% of the worldwide population), the vicinity propels vast demand for egg products, specifically powder. Further, China and India's rapid urbanization and rising incomes power the need for convenient foods, favoring egg powder and growing prosperity drives this egg powder industry. An expanding middle class increases disposable earnings, leading to multiplied purchases of packaged meals with egg powder. Adopting Western-style trends, visible in bakery and comfort foods, intensifies reliance on egg powder, contemplated in the popularity of rapid-food chains and Western supermarkets. Key players like Shandong Bright Dairy & Foodstuffs Group, Shandong Ruyi Egg Products Co., Ltd., and Jiangsu Golden Eggs Group dominate the egg powder market in China.

Egg White Powder products dominate the global egg powder market due to their versatile applications and health-conscious consumer preferences

By product types, the global egg powder market is fragmented into Whole Egg Powder, Egg White Powder, and Egg Yolk Powder. Renowned for being fat-free and protein-rich, egg white powder is a sought-after component in the fitness and wellbeing industry. Its use in protein dietary supplements, sports activities nutrition, and nutritional products aligns with the growing demand for purposeful ingredients. Moreover, egg white powder's role in diverse culinary programs, including baking and cooking, contributes to its tremendous reputation; with purchasers increasingly prioritizing healthful existence, the nutritional profile, comfort, and diverse software of egg white powder position it as a critical player in the thriving worldwide egg powder market.

Food and beverage applications dominate the global egg powder market due to their wide-ranging versatility and compatibility in culinary formulations

By Application, the global egg powder market is categorized into Food & Beverages, Personal Care, and Others. Egg powder's convenience and extended shelf life prove integral in diverse food processing sectors. It is critical in bakery products, confectioneries, pasta, and sauces, enhancing texture, flavor, and dietary content. In beverage applications, specifically protein shakes and smoothies, egg powder's high protein content caters to the developing need for nutritious and functional drinks. The incidence of ready-to-consume and comfort meals also propels the dominance of food and beverage applications, making egg powder a crucial component in the dynamic and increasing worldwide market.

The market for egg powder is expanding worldwide, with the United States leading the way

By country, the Global Egg Powder Market is broken up into United States, Canada, Germany, United Kingdom, France, Italy, Spain, Switzerland, Japan, China, India, South Korea, Indonesia, Australia, Mexico, Brazil, Argentina, Saudi Arabia, United Arab Emirates, South Africa, and Rest of world. The United States egg powder market thrives because of fitness trends, convenience, and innovation. Rising demand for protein-rich supplements and functional food presents growth possibilities. The US, influenced by health and fitness tendencies, has a giant market for egg powder. Also, the prevalence of lactose intolerance propels its use in protein bars and lactose-free options. Egg powder's convenience and extended shelf life, a boon for busy customers, align with worldwide options. Technological improvements in egg powder processing through US organizations beautify functionality, fostering product improvement and market growth in this dynamic and evolving enterprise.

Competitive Landscape

Ovo Star Union N.V., Kewpie Egg Corporation, Venky’s, Weyco Group Inc., Ovobel Foods, and SKM EGG products are the leading global egg powder market businesses.

The report titled “Global Egg Powder Market By Product Types (Whole Egg Powder, Egg White Powder, and Egg Yolk Powder), Application (Food & Beverages, Personal Care, and Others), Country (United States, Canada, Germany, United Kingdom, France, Italy, Spain, Switzerland, Japan, China, India, South Korea, Indonesia, Australia, Mexico, Brazil, Argentina, Saudi Arabia, United Arab Emirates, South Africa, and Rest of world), Companies Analysis (Ovo Star Union N.V., Kewpie Egg Corporation, Venky’s, Weyco Group Inc., Ovobel Foods, and SKM EGG products)" provides a complete study of Global Egg Powder Industry.

Product Types - Global Egg Powder Market breakup in 3 viewpoints:

1. Whole Egg Powder
2. Egg White Powder
3. Egg Yolk Powder

Applications - Global Egg Powder Market breakup in 3 viewpoints:

1. Food & Beverages
2. Personal Care
3. Others

Country - Global Egg Powder Market Breakup in 21 viewpoints:

1. North America
1.1 United States
1.2 Canada

2. Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Spain
2.6 Switzerland

3. Asia Pacific
3.1 Japan
3.2 China
3.3 India
3.4 South Korea
3.5 Indonesia
3.6 Australia

4. Latin America
4.1 Mexico
4.2 Brazil
4.3 Argentina

5. Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 South Africa

6. Rest of World

All the Key players have been covered from 3 Viewpoints:

  • Overview
  • Recent Developments
  • Revenue Analysis

Companies Analysis:

1. Ovo Star Union N.V.
2. Kewpie Egg Corporation
3. Venky’s
4. Weyco Group Inc.
5. Ovobel Foods
6. SKM EGG products

Table of Contents


1. Introduction2. Research Methodology3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Egg Powder Market
6. Market Share - Global Egg Powder Market
6.1 By Products Type
6.2 By Application
6.3 By Countries
7. Products Type - Global Egg Powder Market
7.1 Whole Egg Powder
7.2 Egg White Powder
7.3 Egg Yolk Powder
8. Application -Global Egg Powder Market
8.1 Food & Beverages
8.2 Personal Care
8.3 Others
9. Countries - Global Egg Powder Market
9.1 North America
9.1.1 United States
9.1.2 Canada
9.2 Europe
9.2.1 Germany
9.2.2 United Kingdom
9.2.3 France
9.2.4 Italy
9.2.5 Spain
9.2.6 Switzerland
9.3 Asia Pacific
9.3.1 Japan
9.3.2 China
9.3.3 India
9.3.4 South Korea
9.3.5 Indonesia
9.3.6 Australia
9.4 Latin America
9.4.1 Mexico
9.4.2 Brazil
9.4.3 Argentina
9.5 Middle East & Africa
9.5.1 Saudi Arabia
9.5.2 United Arab Emirates
9.5.3 South Africa
9.6 Rest of World
10. Porter’s Five Forces - Global Egg Powder Market
10.1 Bargaining Power of Buyer
10.2 Bargaining Power of Supplier
10.3 Threat of New Entrants
10.4 Rivalry among Existing Competitors
10.5 Threat of Substitute Products
11. SWOT Analysis - Global Egg Powder Market
11.1 Strengths
11.2 Weaknesses
11.3 Opportunities
11.4 Threats
12. Key Players Analysis
12.1 Ovostar Union N.V.
12.1.1 Overviews
12.1.2 Recent Developments
12.1.3 Revenues
12.2 Kewpie Egg Corporation
12.2.1 Overviews
12.2.2 Recent Developments
12.2.3 Revenues
12.3 Venkys
12.3.1 Overviews
12.3.2 Recent Developments
12.3.3 Revenues
12.4 Weyco Group Inc
12.4.1 Overviews
12.4.2 Recent Developments
12.4.3 Revenues
12.5 Ovobel Foods
12.5.1 Overviews
12.5.2 Recent Developments
12.5.3 Revenues
12.6 SKM EGG products
12.6.1 Overviews
12.6.2 Recent Developments
12.6.3 Revenues
List of Figures
Figure-01: Global - Egg Powder Market (Million US$), 2019 - 2023
Figure-02: Global - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-03: Products Type - Whole Egg Powder Market (Million US$), 2019 - 2023
Figure-04: Products Type - Forecast for Whole Egg Powder Market (Million US$), 2024 - 2030
Figure-05: Products Type - Egg White Powder Market (Million US$), 2019 - 2023
Figure-06: Products Type - Forecast for Egg White Powder Market (Million US$), 2024 - 2030
Figure-07: Products Type - Egg Yolk Powder Market (Million US$), 2019 - 2023
Figure-08: Products Type - Forecast for Egg Yolk Powder Market (Million US$), 2024 - 2030
Figure-09: Application - Food & Beverages Market (Million US$), 2019 - 2023
Figure-10: Application - Forecast for Food & Beverages Market (Million US$), 2024 - 2030
Figure-11: Application - Personal Care Market (Million US$), 2019 - 2023
Figure-12: Application - Forecast for Personal Care Market (Million US$), 2024 - 2030
Figure-13: Application - Others Market (Million US$), 2019 - 2023
Figure-14: Application - Forecast for Others Market (Million US$), 2024 - 2030
Figure-15: United States - Egg Powder Market (Million US$), 2019 - 2023
Figure-16: United States - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-17: Canada - Egg Powder Market (Million US$), 2019 - 2023
Figure-18: Canada - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-19: Germany - Egg Powder Market (Million US$), 2019 - 2023
Figure-20: Germany - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-21: United Kingdom - Egg Powder Market (Million US$), 2019 - 2023
Figure-22: United Kingdom - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-23: France - Egg Powder Market (Million US$), 2019 - 2023
Figure-24: France - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-25: Italy - Egg Powder Market (Million US$), 2019 - 2023
Figure-26: Italy - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-27: Spain - Egg Powder Market (Million US$), 2019 - 2023
Figure-28: Spain - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-29: Switzerland - Egg Powder Market (Million US$), 2019 - 2023
Figure-30: Switzerland - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-31: Japan - Egg Powder Market (Million US$), 2019 - 2023
Figure-32: Japan - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-33: China - Egg Powder Market (Million US$), 2019 - 2023
Figure-34: China - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-35: India - Egg Powder Market (Million US$), 2019 - 2023
Figure-36: India - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-37: South Korea - Egg Powder Market (Million US$), 2019 - 2023
Figure-38: South Korea - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-39: Indonesia - Egg Powder Market (Million US$), 2019 - 2023
Figure-40: Indonesia - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-41: Australia - Egg Powder Market (Million US$), 2019 - 2023
Figure-42: Australia - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-43: Mexico - Egg Powder Market (Million US$), 2019 - 2023
Figure-44: Mexico - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-45: Brazil - Egg Powder Market (Million US$), 2019 - 2023
Figure-46: Brazil - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-47: Argentina - Egg Powder Market (Million US$), 2019 - 2023
Figure-48: Argentina - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-49: Saudi Arabia - Egg Powder Market (Million US$), 2019 - 2023
Figure-50: Saudi Arabia - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-51: United Arab Emirates - Egg Powder Market (Million US$), 2019 - 2023
Figure-52: United Arab Emirates - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-53: South Africa - Egg Powder Market (Million US$), 2019 - 2023
Figure-54: South Africa - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-55: Rest of World - Egg Powder Market (Million US$), 2019 - 2023
Figure-56: Rest of World - Forecast for Egg Powder Market (Million US$), 2024 - 2030
Figure-57: Ovostar Union N.V. - Global Revenue (Million US$), 2019 - 2023
Figure-58: Ovostar Union N.V. - Forecast for Global Revenue (Million US$), 2024 - 2030
Figure-59: Kewpie Egg Corporation - Global Revenue (Million US$), 2019 - 2023
Figure-60: Kewpie Egg Corporation - Forecast for Global Revenue (Million US$), 2024 - 2030
Figure-61: Venkys - Global Revenue (Million US$), 2019 - 2023
Figure-62: Venkys - Forecast for Global Revenue (Million US$), 2024 - 2030
Figure-63: Weyco Group Inc - Global Revenue (Million US$), 2019 - 2023
Figure-64: Weyco Group Inc - Forecast for Global Revenue (Million US$), 2024 - 2030
Figure-65: Ovobel Foods - Global Revenue (Million US$), 2019 - 2023
Figure-66: Ovobel Foods - Forecast for Global Revenue (Million US$), 2024 - 2030
Figure-67: SKM EGG products - Global Revenue (Million US$), 2019 - 2023
Figure-68: SKM EGG products - Forecast for Global Revenue (Million US$), 2024 - 2030
List of Tables
Table-01: Global - Egg Powder Market Share by Products Type (Percent), 2019 - 2023
Table-02: Global - Forecast for Egg Powder Market Share by Products Type (Percent), 2024 - 2030
Table-03: Global - Egg Powder Market Share by Application (Percent), 2019 - 2023
Table-04: Global - Forecast for Egg Powder Market Share by Application (Percent), 2024 - 2030
Table-05: Global - Egg Powder Market Share by Countries (Percent), 2019 - 2023
Table-06: Global - Forecast for Egg Powder Market Share by Countries (Percent), 2024 - 2030

Companies Mentioned

  • Ovo Star Union N.V.
  • Kewpie Egg Corporation
  • Venky’s
  • Weyco Group Inc.
  • Ovobel Foods
  • SKM EGG products

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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