The global processed eggs market size is expected to reach USD 36.8 billion by 2030, according to a new study by Polaris Market Research. The report “Processed Eggs Market Share, Size, Trends, Industry Analysis Report, By Product Type (Dried Egg Products, Liquid Egg Products, and Frozen Egg Products); By Application; By Region; Segment Forecast, 2022-2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing urban population and busy consumer lifestyles coupled with the ease and convenience of storage and use of processed eggs are major factors propelling the growth of the global market. In the last few decades, consumers are more willing to spend on convenience foods since they do not have much time to prepare food at home and capabilities of processed eggs to eliminate the need for breaking shells and separate manually several components of an egg, which is likely to foster the demand and growth of the market extensively during the forecast period.
As per the rising demand for processed eggs across the globe from various industries including bakery & confectionery, food processing, and sports sector has resulted in growing egg production and several production facilities, especially in countries with large burden populations such as China and India. For instance, egg production in china was estimated around 34.1 million metric tons in 2021 a significant rise from 28.3 million metric tons in the year of 2011, and likely to witness rapid growth over the course of the projected period.
Have Questions? Request a sample or make an Inquiry before buying this report by clicking the link below: https://www.polarismarketresearch.com/industry-analysis/processed-eggs-market/request-for-sample
Moreover, a rise in the adoption of egg products in the sports and bodybuilding sector along with increasing health awareness and consciousness among global consumers are expected to have a positive impact on market growth. For instance, according to a report published by National Poultry Producers Association, annual per capita consumption of egg products in Mexico was 409 eggs per person in 2021 an increase from 380 eggs in 2017.
Convenience food products have grown rapidly and gained high popularity as the urban population grows around the world and the necessity of breaking shells and separating different components of the egg is eliminated with the rise of processed eggs. Moreover, processed eggs are efficiently treated, reducing contamination, and longer shelf life and are commonly used in bodybuilding & fitness as a high protein source, which is anticipated to boost the adoption of the market at a significant growth rate.
Processed Eggs Market Report Highlights
- Dried egg products segment accounted for a substantial part of the global revenue share which is accelerated by longer shelf life and high usage of these products as a substitute for fresh eggs in several bakery products
- Bakery & Confectionery segment held the largest market share in 2021 owing to the growing popularity of various online shopping platforms and social media campaigns across the globe
- North America dominated the processed eggs market with a holding of significant market share on account of the availability of a diverse range of processed egg products, rising prevalence of hectic lifestyles
- The global players include Rose Acre Farms, Ballas Egg Products, Rembrandt Enterprise, Interovo Egg Group, and Cal Mine Foods.
Polaris Market Research has segmented the processed eggs market report based on product type, application, and region:
Processed Eggs, Product Type Outlook (Revenue – USD Billion, 2018 – 2030)
- Dried Egg Products
- Liquid Egg Products
- Frozen Egg Products
Processed Eggs, Application Outlook (Revenue – USD Billion, 2018 – 2030)
- Bakery & Confectionery
- Food Processing
- Dairy Production
- Ready to Eat
- Soups and Sauces
Processed Eggs, Regional Outlook (Revenue – USD Billion, 2018 – 2030)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa