Egg powder Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029
Egg powder Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029
Report Digest
Global Egg powder Market: Overview
Egg powder refers to fully dehydrated eggs. This powder is made utilizing the method of spray drying in the fashion that is similar to how powdered milk is made. Diminished weight per volume of whole egg equivalent and prolonged shelf life are two benefits of the product, which are likely to support growth of the global egg powder market in the years to come.
Egg protein is considered a multifunctional ingredient that is used in the making of various beverage and food products. Egg powder is improved with protein, bioactive, and amino acids that helps in the formation of bones and muscles. In addition to that, egg protein also plays the role of a gelling, foaming, thickening, and an emulsifier agent in various beverage and food products. In addition to that, egg powder is easy to digest, easily available, has neutral taste, and is economical. As such, egg powder is useful in many nutritious food preparations, which is likely to amplify growth opportunities for the global egg powder market over the period of forecast, from 2019 to 2029.
The global egg powder market has been segmented based on application, and region. The thorough analysis of the market comes with the main purpose of offering stakeholders with a clear view of the global egg powder market.
Global Egg powder Market: Notable Developments
The global egg powder market has come across some major developments over the last few years. One of such developments that have played an important role in influencing the course of the market is mentioned below:
- In October 2018, US-based Designer Protein, LLC launched a new range of egg protein powders, branded as Totally Egg Protein. This new product comes with all the essential nutrients found in an egg. In addition, it also comes with naturally occurring phosphatidyserine and lecithin phosphatidycholine, thereby supporting nervous and cellular health. This newly launched product is likely to assist the company flourish in the egg protein sector.
Some prominent market players of the global egg powder market are
- Sharrets Nutritions LLP
- Sanovo Technology Group
- Rembrandt Enterprises
- Rose Acre Farms
- Designer Protein, LLC
- GF Ovodry S.P.A.
Global Egg powder Market: Growth Drivers
Demand for Lightweight Aluminum Components to Support Growth of the Market
The growth of the global egg powder market is expected to be driven by the rising need for packaged and storable food items. Egg powder comes with no extra mass or weight per volume of one whole egg, which is likely to support growth of the global egg powder market over the tenure of assessment, from 2020 to 2030. In addition, the demand for dehydrated and fresh eggs within the egg protein market is likely to emerge as another growth factor for the global egg powder market.
In addition, egg powder comes with prolonged shelf life, which makes it fit for consumption even after a long period of time. Egg powder comes with a shelf life of 5 to 10 years and when it is stored in an airtight container, it is non-perishable. Aggressive marketing strategies and innovative brand positioning is likely to support expansion of the global egg powder market over the forecast period, from 2019 to 2029.
Global Egg powder Market: Regional Outlook
North America is one of the dominant regions in the global egg powder market and is expected to retain its position in the market over the period of assessment. Increased consumption of egg protein in dietary supplement due to its reasonable pricing is estimated to bolster growth of the market in North America. In addition, rising need for products with egg protein from athletics is expected to shoot up the demand for egg powder in North America.
The global egg powder market is segmented as:
Application
- Dietary Supplements
- Bakery Products
- Meat Products
- Ice Creams
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