Market Outlook
According to the report the global egg powder market attained a value of USD 1,347.6 million in 2022. Aided by the growing demand for convenient protein sources, the market is projected to further grow at a CAGR of 6.9% between 2023 and 2028 to reach a value of USD 2,054.1 million by 2028.
Eggs that have been entirely dried are known as powdered eggs. These are typically produced via spray drying, similar to powdered milk. The lower weight per volume of the same whole egg and the extended shelf life of powdered eggs over fresh eggs are their key advantages. Egg powder is easy to use, non-perishable, doesn't need refrigeration, and can be conveniently carried.
Due to the rising need for packaged and storable food, egg powder consumption has greatly expanded. They reduce the possibility of spoiling and, when kept in a cold, dry atmosphere, can last for an extended period of time. Egg powders are also easy to mix with other ingredients. One of the primary factors driving the egg powder market expansion is the rising demand for confectionery food items due to rapid urbanisation, an increase in the working population, and rising consumer spending power.
Additionally, the use of egg powder in desserts, cookies, and other useful bakery recipes is being positively influenced by the rising health consciousness among people along with the benefits of eating eggs, which include promoting weight loss, encouraging the growth of nerve cells, and strengthening teeth and bones. Egg powder is sold in a variety of types to accommodate different dietary preferences and tastes. Since they are less expensive, food makers and restaurants prefer powdered eggs than fresh ones.
Egg powders are also useful in regions or circumstances when it is difficult to find fresh eggs. The demand for egg powder has increased as a result of the fact that it is lactose-free and a great substitute for protein powders made from dairy for those who have a dairy allergy, thereby aiding the egg powder market growth. Most protein powders are based on whey and casein, both of which are derived from dairy, making them unsuitable for those who are allergic to dairy.
Furthermore, egg protein powder is used in the personal care sector to make shampoos and conditioners because it reduces dryness and damage to the hair by hydrating and shielding hair from heat and pollution damage. Along with other personal care products, egg powder is used to create moisturisers, sunscreen, and face cleansers. Accordingly, the egg powder market is expected to be driven in the coming years by an increase in cosmetic and personal care spending due to the rise in the number of working women.
Market Segmentation
The market can be divided on the basis of type, end use, and region.Market Breakup by Type
- Whole Egg Powder
- Egg Yolk Powder
- Egg White Powder
Market Segmentation by End Use
- Bakery
- Sauces, Dressings and Mixes
- Others (Desserts, Dietary Supplements, Pharma, etc)
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
This report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global egg powder market companies. Some of the major key players explored in the report by the publisher are as follows:- Sanovo Technology Group
- Eurovo Srl
- Kewpie Corporation
- TM Ovostar
- Pulviver
- Others
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Egg Market Overview
8.1 Key Industry Highlights
8.2 Global Egg Historical Market (2018-2022)
8.3 Global Egg Market Forecast (2023-2028)
8.4 Global Egg Market by End Use
8.5 Global Egg Market by Region
9 Global Egg Powder Market Analysis
9.1 Key Industry Highlights
9.2 Global Egg Powder Historical Market (2018-2022)
9.3 Global Egg Powder Market Forecast (2023-2028)
9.4 Global Egg Powder Market by Type
9.4.1 Whole Egg Powder
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2022)
9.4.1.3 Forecast Trend (2023-2028)
9.4.2 Egg Yolk Powder
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2022)
9.4.2.3 Forecast Trend (2023-2028)
9.4.3 Egg White Powder
9.4.3.1 Market Share
9.4.3.2 Historical Trend (2018-2022)
9.4.3.3 Forecast Trend (2023-2028)
9.5 Global Egg Powder Market by End Use
9.5.1 Bakery
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2018-2022)
9.5.1.3 Forecast Trend (2023-2028)
9.5.2 Sauces, Dressings and Mixes
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2018-2022)
9.5.2.3 Forecast Trend (2023-2028)
9.5.3 Others (Desserts, Dietary Supplements, Pharma, etc.)
9.6 Global Egg Powder Market by Region
9.6.1 Market Share
9.6.1.1 North America
9.6.1.2 Europe
9.6.1.3 Asia Pacific
9.6.1.4 Latin America
9.6.1.5 Middle East and Africa
10 Regional Analysis
10.1 North America
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.1.3 Breakup by Country
10.1.3.1 United States of America
10.1.3.2 Canada
10.2 Europe
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.2.3 Breakup by Country
10.2.3.1 United Kingdom
10.2.3.2 Germany
10.2.3.3 France
10.2.3.4 Italy
10.2.3.5 Others
10.3 Asia Pacific
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.3.3 Breakup by Country
10.3.3.1 China
10.3.3.2 Japan
10.3.3.3 India
10.3.3.4 ASEAN
10.3.3.5 Australia
10.3.3.6 Others
10.4 Latin America
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.4.3 Breakup by Country
10.4.3.1 Brazil
10.4.3.2 Argentina
10.4.3.3 Mexico
10.4.3.4 Others
10.5 Middle East and Africa
10.5.1 Historical Trend (2018-2022)
10.5.2 Forecast Trend (2023-2028)
10.5.3 Breakup by Country
10.5.3.1 Saudi Arabia
10.5.3.2 United Arab Emirates
10.5.3.3 Nigeria
10.5.3.4 South Africa
10.5.3.5 Egypt
10.5.3.6 Turkey
10.5.3.7 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Manufacturing Process
13.1 Detailed Process Flow
13.2 Operations Involved
13.3 Mass Balance
14 Project Requirements and Cost Involved
14.1 Land Requirement and Expenditures
14.2 Construction Requirements and Expenditures
14.3 Machinery Pictures
14.4 Raw Material Requirements and Expenditures
14.5 Packaging Requirements and Expenditures
14.6 Transportation Requirements and Expenditures
14.7 Utility Requirements
14.8 Manpower Requirements and Expenditures
14.9 Other Capital Investments
15 Loans and Financial Assistance
16 Project Economics
16.1 Capital Cost of the Project
16.2 Techno-Economic Parameters
16.3 Product Pricing
16.4 Income Projections
16.5 Expenditure Projections
16.6 Taxation and Depreciation
16.7 Financial Analysis
16.8 Profit Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Sanovo Technology Group
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Eurovo Srl
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Kewpie Corporation
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 TM Ovostar
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Pulviver
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
Companies Mentioned
- Sanovo Technology Group
- Eurovo Srl
- Kewpie Corporation
- TM Ovostar
- Pulviver
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 193 |
| Published | May 2022 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 1474.6 Million |
| Forecasted Market Value ( USD | $ 2054.1 Million |
| Compound Annual Growth Rate | 6.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
