The Global Egg Processing Market size is expected to reach $52 billion by 2031, rising at a market growth of 4.9% CAGR during the forecast period. In the year 2023, the market attained a volume of 5,587.2 kilo tonnes, experiencing a growth of 13.1% (2020-2023).
Eggs play a crucial role in baking, providing structure, moisture, leavening, and richness to baked goods such as cakes, cookies, pastries, and bread. Thus, the bakery & confectionery segment acquired $4,822.8 million revenue in 2023. Also, the US market consumed 196.6 kilo tonnes of eggs in bakery & confectionery segment in 2023. Their unique protein composition enables them to bind ingredients and trap air during baking, resulting in desirable textures and crumb structures.
Processed egg products offer convenience to consumers by eliminating the need to crack and separate eggs, saving time and effort in meal preparation. Pre-cooked egg products such as boiled eggs and omelet slices are convenient for ready-to-eat meals and food service applications. Hence, increasing demand for processed egg products drives the market's growth.
Additionally, With the expansion of the global processed food industry, there’s an increasing demand for innovative and diverse food products. In conclusion, the expansion of the global food processing industry is propelling the market's growth.
However, Egg production is subject to seasonal fluctuations influenced by temperature, daylight hours, and bird physiology. Inconsistent egg quality can pose challenges for egg processing companies in maintaining product consistency, meeting quality standards, and ensuring customer satisfaction. Hence, seasonal variability in egg production is hampering the market's growth.
Eggs play a crucial role in baking, providing structure, moisture, leavening, and richness to baked goods such as cakes, cookies, pastries, and bread. Thus, the bakery & confectionery segment acquired $4,822.8 million revenue in 2023. Also, the US market consumed 196.6 kilo tonnes of eggs in bakery & confectionery segment in 2023. Their unique protein composition enables them to bind ingredients and trap air during baking, resulting in desirable textures and crumb structures.
Processed egg products offer convenience to consumers by eliminating the need to crack and separate eggs, saving time and effort in meal preparation. Pre-cooked egg products such as boiled eggs and omelet slices are convenient for ready-to-eat meals and food service applications. Hence, increasing demand for processed egg products drives the market's growth.
Additionally, With the expansion of the global processed food industry, there’s an increasing demand for innovative and diverse food products. In conclusion, the expansion of the global food processing industry is propelling the market's growth.
However, Egg production is subject to seasonal fluctuations influenced by temperature, daylight hours, and bird physiology. Inconsistent egg quality can pose challenges for egg processing companies in maintaining product consistency, meeting quality standards, and ensuring customer satisfaction. Hence, seasonal variability in egg production is hampering the market's growth.
By Nature Analysis
Based on nature, the market is categorized into organic egg products and inorganic egg products. The inorganic egg products segment procured 74.1% revenue share in the market in 2023. In terms of volume, the inorganic egg products segment would consume 7,378.3 kilo tonnes of eggs by 2031. Inorganic egg products are typically more widely available and accessible.By Product Analysis
Based on product, the market is divided into dried egg products, liquid egg products, and frozen egg products. The dried egg products segment attained a 38% revenue share in the market in 2023. In terms of volume, the dried egg products segment would consume 2,535.4 kilo tonnes of eggs by 2031. Dried egg products have a significantly longer shelf life, making them an attractive option for consumers and food manufacturers.
By End-Use Analysis
On the basis of end-use, the market is segmented into food processing & manufacturing, food service, and retail. In 2023, the food processing & manufacturing segment recorded the maximum 44% revenue share in the market. In terms of volume, the food processing & manufacturing segment would consume 4,161.7 kilo tonnes of eggs by 2031. Eggs are incredibly versatile ingredients that can be used in a wide range of food products across the food processing industry.By Food Processing & Manufacturing Analysis
The food processing & manufacturing segment is further subdivided into processed foods & ready meals, bakery & confectionery, dietary supplements, and others. In 2023, the processed foods & ready meals segment acquired 18% revenue share in the market. In terms of volume, the processed foods & ready meals segment would consume 1,682.4 kilo tonnes of eggs by 2031. Eggs contribute to the texture, flavor, and sensory appeal of processed foods and ready meals.By Regional Analysis
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America region gained 34% revenue share in the market in 2023. In terms of volume, North America region would consume 3,016.0 kilo tonnes of eggs by 2031. North America has a large population that consumes significantly more eggs and egg-based products.List of Key Companies Profiled
- Rose Acre Farms, Inc.
- Interovo Egg Group BV
- Igreca SAS
- Wabash Valley Produce
- Rembrandt Enterprises, Inc.
- Avril Group
- Eurovo Srl
- Bouwhuis Enthoven BV
- Kewpie Corporation
- Taiyo International (Taiyo Kagaku Corporation)
Market Report Segmentation
By Nature (Volume, Kilo Tonnes, USD Billion, 2020-2031)- Inorganic Egg Products
- Organic Egg Products
- Liquid Egg Products
- Dried Egg Products
- Frozen Egg Products
- Food Processing & Manufacturing
- Processed Foods & Ready Meals
- Bakery & Confectionary
- Dietary Supplements
- Others
- Food Service
- Retail
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Global Egg Processing Market by Nature
Chapter 5. Global Egg Processing Market by Product
Chapter 6. Global Egg Processing Market by End-Use
Chapter 7. Global Egg Processing Market by Region
Chapter 8. Company Profiles
Companies Mentioned
- Rose Acre Farms, Inc.
- Interovo Egg Group BV
- Igreca SAS
- Wabash Valley Produce
- Rembrandt Enterprises, Inc.
- Avril Group
- Eurovo Srl
- Bouwhuis Enthoven BV
- Kewpie Corporation
- Taiyo International (Taiyo Kagaku Corporation)
Methodology
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