Press Release

Global Egg Powder Market Anticipated to Touch USD 3.92 billion Market Size by 2030

The Global Egg Powder Market size is projected to grow at a CAGR of around 4.5% during the forecast period 2024-30, and the market size is expected to touch USD 3.92 billion by 2030, cites MarkNtel Advisors in the recent research report. The increased acceptance of egg powder in the bread and confectionary industries is attributed to market expansion. The growing popularity of baked goods among consumers, owing to a wide variety of products such as pastries, rolls, muffins, breads, and so on, needs the use of egg powder in their manufacturing. Due to the convenience of eating, bakery and confectionery foods are widely consumed over the world.

Egg powder consistency and ability to improve the texture and structure of food products, it is consumed in the making of bakery products. Unlike fresh eggs, powdered eggs have a longer shelf life and are easier to store and transport, which positively contributes to their market expansion across the globe.

Furthermore, the widespread use of egg powder in the personal care and cosmetics industries is propelling market expansion. With the growing trend of health and well-being, as well as the growing number of appearance-conscious customers around the world, the personal care and cosmetic sector is booming. Egg powder prevents damage and dryness to hair as it provides hydration and prevents pollution damage which makes it a suitable option for personal care products such as shampoos and conditioners. It is also used in many skin care products such as sunscreen, and face cleansers among others.

Thus, the rising adoption of egg powder in the personal care and cosmetic industry owing to high protein content and easy application is augmenting the market growth, further states the research report, “Global Egg Powder Market Analysis, 2024.”

‘Whole Egg Powder’ Segment Expected to Dominate Global Egg Powder Market

Whole egg powder is expected to have the largest market share throughout the forecast period, owing to its adaptability and consistent composition of egg yolk and egg albumin, which ensures uniformity in flavor, color, and texture in the final product, as well as increased demand in the food industry. The whole egg powder offers the convenience of a whole egg without the need for refrigeration or each egg shattering.

Whole egg powder contains the nutritional profile of a fresh egg to some extent, making it ideal for end-user industries such as food, including bakeries, confectioneries, and ready-to-eat meal manufacturers, who can now efficiently incorporate the goodness of whole eggs into their products. Whole egg powder offers the benefits of yolk and albumin and the functions of foaming, gelling, and emulsifying when blended with formulations, making it suited for end users such as food, personal care, and pharmaceutical makers. The growing use of whole egg powder as a replacement for fresh eggs is likely to fuel expansion in this area of the Global Egg Powder Market.

North America is Anticipated to Account for a Prominent Market Share

The North America region is expected to play a significant role in the egg powder market due to the increasing focus of consumers on maintaining healthy and active lifestyles, which include a well-balanced diet and regular exercise. In North America, the rapid acceptance of egg protein in dietary supplements among consumers is one of the major factors supporting the market growth since 2021. Due to this, egg protein is gaining popularity due to its affordability, ease of processing, and high nutritional value, which resulted in escalating market growth during the historical years.

Moreover, North America has a substantial population of individuals who are lactose intolerant, which can make meeting daily protein intake requirements challenging. In this context, egg powder serves as an excellent protein source, and North American consumers are increasingly embracing egg protein as a part of their daily dietary intake. The combination of consumer acceptance, a growing emphasis on healthy living, and the need for alternative protein sources is expected to fuel the demand for egg powder in North America in the coming years. This trend reflects a shift towards recognizing egg powder as a valuable and accessible source of protein, addressing the dietary preferences and requirements of the region's consumers, further anticipated to enhance the market growth during 2024-2030.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market players, Avangardco, ?? Ovostar, SKM Egg Products, IGRECA, Bouwhuis Enthoven, Eurovo, Ag Foods, Venkys, Farm Pride, Kewpie Corporation, Pulviver, Interovo Egg Group BV, Adriaan Goede BV, Wabash Valley, Rose Acre Farms, Wulvro BV, and others are looking forward to strengthening their market position.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the globe?
4. How has the industry been evolving in terms of geography & solution adoption?
5. How has the competition been shaping across various regions?
6. How have the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2019-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?