Egg Processing Market Growth Accelerated by Increased Demand for Processed Egg Products

 

Egg processing involves breaking whole shell eggs and then separating the yolks from the whites or mixing them together. Processed egg products offer advantages like convenience, long shelf life, and consistency in measurements for recipes. There is growing demand for processed egg products from foodservice providers and food manufacturers due to changing lifestyles and busy schedules. The global Egg Processing Market is estimated to be valued at US$ 51.9 Bn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The growth in the egg processing market is being accelerated by the increased demand for processed egg products. There is a rising working population who prefer consuming ready-to-cook or ready-to-eat food products due to their fast-paced lifestyle. Processed egg products provide convenient and time-saving alternatives to cooking eggs from scratch. Furthermore, egg processors are launching healthier product variants made with cage-free eggs, no added preservatives, and extra nutrition to cater to consumer demand. For example, egg processors are offering high protein, low cholesterol, omega-3 enhanced, plant-based, and organic egg product varieties. This wide range of product innovations is fueling the sales of processed egg products globally.

Segment Analysis
The global egg processing market is dominated by liquid egg products sub segment. Liquid egg products accounts for over 60% of market share owing to higher demand for liquid egg products from foodservice industry and bakeries. Liquid egg products such as egg yolks and egg albumin allows easy use in applications and preparation of wide range of food products. Hence liquid egg products sub segment is the fastest growing segment in the global egg processing market.

Key Takeaways
The global egg processing market is expected to witness high growth.

Regional analysis: Asia Pacific dominates the global egg processing market owing to higher consumption of processed eggs in countries like China and India. Key players operating in the Asia Pacific are focusing on expanding their geographical presence to leverage lucrative opportunities 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. These players are focusing on adopting partnership and collaboration strategies to enhance their product portfolios and market shares.

Comments

Post a Comment

Popular posts from this blog

Blowing Agents in Action: Enhancing Sustainability and Performance in Modern Engineering

Image
  Blowing Agents: Unleashing the Power of Expansion in Materials Blowing agents are a remarkable class of chemical compounds that play a pivotal role in various industries, revolutionizing the way materials are manufactured and utilized. These agents are essential additives employed to induce controlled expansion in materials, leading to the creation of diverse products with unique properties and applications. From lightweight foams in packaging to insulating materials and beyond, blowing agents have become indispensable in modern manufacturing processes. 1. Understanding Blowing Agents: Blowing agents are substances designed to generate gas when subjected to specific conditions, such as heat, pressure, or chemical reactions. The produced gas forms bubbles within the material matrix, resulting in a cellular structure with reduced density. This cellular structure not only imparts lightness to the material but also enhances its thermal and acoustic insulation properties. 2. Versatil...
Read more

Multi-Depth Corrugated Box Market Trends 2023 - Industry Insights, Competition Analysis, Growth Rate and Forecast by 2030

Image
  A multi-depth corrugated box is a type of shipping or storage box that has the ability to be adjusted to different depths, allowing for greater flexibility and efficiency in packaging and shipping. This type of box is made of corrugated cardboard, which consists of a fluted layer sandwiched between two flat layers. Multi-depth corrugated boxes are typically made with a series of perforations or scores that allow the box to be easily adjusted to different depths. For example, a box with a height of 10 inches might have perforations at 2-inch intervals, allowing it to be adjusted to a depth of 2 inches, 4 inches, 6 inches, 8 inches, or 10 inches, depending on the specific needs of the user. The advantages of using multi-depth corrugated boxes include reduced inventory costs, improved packing efficiency, and better use of storage space. By using a single box that can be adjusted to different depths, businesses can reduce the number of different box sizes they need to stock and simp...
Read more

Acid Pickling Roll Market Growth Accelerated by Adoption of Anti-Rust Acid Pickle Rolls

Image
  Acid pickle rolls help remove scale, rust or oxide films from metallic surfaces and accurately prepare them for subsequent processing such as coating or plating to improve corrosion resistance. The demand for acid pickling rolls have increased in various end-use industries such as automotive, oil & gas, marine, energy, and general engineering to enhance product durability. The global Acid Pickling Roll Market is estimated to be valued at US$ 1,167 Mn in 2023 and is expected to exhibit a CAGR of 3.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing adoption of anti-rust acid pickling rolls to increase product lifespan across various corrosion prone industrial applications has accelerated the growth of the acid pickling roll market. Acid pickling rolls equipped with advanced rust removal properties efficiently prepare metallic surfaces and ensure long term corrosion protection. Major mar...
Read more