Global Egg Powder Market Report and Forecast 2023-2028
December 15, 2022
Expert Market Research
193
PDF
Global Egg Powder Market Report and Forecast 2023-2028
Abstract Global Egg Powder Market Report and Forecast 2023-2028
Market Outlook According to the report by Expert Market Research (EMR), 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 The EMR 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 Expert Market Research are as follows: •Sanovo Technology Group •Eurovo Srl •Kewpie Corporation •TM Ovostar •Pulviver •Others
Content Table of Contents
1 Preface 2 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
Global Egg Powder Market Report and Forecast 2023-2028
Market Outlook According to the report by Expert Market Research (EMR), 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 The EMR 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 Expert Market Research are as follows: •Sanovo Technology Group •Eurovo Srl •Kewpie Corporation •TM Ovostar •Pulviver •Others
Table of Contents
1 Preface 2 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