Egg Processing Market Growth Accelerated by Automation

 

Egg processing involves sorting, grading, packing and refrigerating of eggs. It provides benefits like standardized sizing, grading for quality, and longer shelf life. The need for processed and packaged eggs is rising due to changing consumer lifestyles and busy schedules. The global Egg Processing Market is estimated to be valued at US$ 51.9 Bn in 2024 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
Automation is one of the key trends boosting growth in the egg processing market. Automated equipment enables efficient sorting, grading, cracking and separation of eggs from shells at high speeds with minimal human intervention. This improves productivity and consistency in quality. Automated solutions integrate technologies like machine vision and artificial intelligence for accurate detection of flaws or cracks in eggshells. They are easy to operate and help minimize wastage. Growing adoption of automated equipment is expected to drive faster throughput and help cater to rising demand for processed eggs in the forecast period.

Segment Analysis
The global egg processing market is dominated by the liquid egg sub-segment owing to its widespread applications in food processing industries such as bakery, confectionery and beverages. Liquid eggs are separated into whole eggs, egg yolks and egg whites which provides convenience of use in various food formulations for different purposes. The liquid form offers processing advantages and ease of transport over shell eggs.

Key Takeaways

The global egg processing market is expected to witness high growth over the forecast period. The market size is projected to reach US$ 51.9 Billion by 2024 from US$ 32.6 Billion in 2019, registering a CAGR of 5.8% during 2019-2024

The Asia Pacific region dominated the egg processing market in 2019 and is expected to be the fastest growing region during the forecast period. The high growth can be attributed to increasing population, rising disposable incomes and shifting dietary preferences in Asia Pacific countries such as India and China. Rapid growth of food processing and food service industries in Asia is further expected to drive the demand for processed egg products in the region.

Key players operating in the egg processing market are Avril, Cal-Maine Foods, Inc., Eurovo S.R.L., Lactosan-Sanovo Holding A/S, Moba B.V., and ACTINI GROUP. Leading players are focusing on capacity expansions and acquisitions to strengthen their market position and capture larger shares in different regions globally.

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