Egg Powder Market Soars as Consumers Seek Shelf-Stable Food Solutions
The global egg powder market is experiencing remarkable growth as consumers and food manufacturers increasingly turn to egg powder for its versatility, longer shelf life, and nutritional benefits. The wide range of applications, including dietary supplements, bakery products, pet food, and baby food, has created significant opportunities for this market. Notably, egg powder eliminates the risk of egg breakage while retaining the nutritional value of cage-free eggs.
Egg powder, primarily produced through spray drying technology, offers functional properties such as thickening, emulsification, foaming, and moisturizing. It is a common poultry product known for its extended shelf life, ease of handling, and high microbial safety, making it storable for up to 5-7 years.
Export-Friendly and Space-Efficient Choice
One of the key drivers of the global demand for egg powder is its suitability for export due to easy transportability. Egg powder also boasts advantages over traditional eggs, including smaller storage space requirements and reduced need for refrigeration. Fairfield Market Research predicts that these factors, combined, will fuel the demand for egg powder between 2021 and 2025.
Rising Demand Amid Bird Flu Concerns
In recent years, the threat of bird flu has led to egg shortages and price fluctuations in several countries. The need for culling to contain outbreaks drastically reduced the supply of eggs and chicken products. This phenomenon, particularly evident in India, one of the world’s leading egg producers, led to a 15% drop in egg prices in 2020.
Europe also experienced significant disruptions, with countries like France, the Netherlands, Germany, and Belgium culling hundreds of thousands of chickens. The UAE imposed temporary bans on the import of live birds and eggs. These supply disruptions prompted a shift toward the use of powdered eggs, as food processors sought to maintain consistency and safety in their products. Analysts expect this shift to contribute significantly to the revenue generated by the egg powder market in the forecast period.
Bakery Industry’s Dependence on Egg Powder
The global egg powder market is segmented by product type, end use, sales channel, and region. Whole egg powder, egg yolk powder, and egg albumen powder are the primary product types, with the whole egg powder segment accounting for a substantial share. The bakery industry remains a significant driver of revenue, with strong demand for egg powder in bakery products, sauces, dressings, and baby food.
Diverse End-Use Applications
The market’s end-use segments encompass food, cosmetics, dietary supplements, animal feed and pet food, household, and HoReCa (Hotels, Restaurants, Cafes). Among these, the food segment stands out, driven by the extensive use of egg powder in bakery products, sauces, dressings, and baby food. The animal and pet food segment is also expected to grow favorably as pet diets gain attention with increased awareness and disposable incomes, driving the consumption of protein-fortified animal feed and pet food.
Asia Pacific Emerges as Growth Leader
While the U.S., UK, China, India, and Japan are major egg powder manufacturing hubs, Europe remains the leading global consumer. However, Europe’s growth is expected to be slower due to the rise of plant-based protein substitutes in response to the expanding vegan population. In contrast, Asia Pacific is poised for significant value growth, with countries like India experiencing rapid growth in poultry products. The growing bakery industry in the region is a key driver of egg powder market growth, as it relies on egg powder for desired product texture and structure.
Key Players
Prominent players in the global egg powder market include SKM egg products, Ovostar Union N.V., Wulro Food Group (Dutch Egg Powder Solution), Pulviver, Igreca, Eggway, The VH group (Venkys), Sanovo Egg Group, Oskaloosa Foods, and Ovobel Foods Limited.
The global egg powder market is on an upward trajectory, driven by its versatility, convenience, and ability to meet consumer demands for longer shelf life and functional food products.
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 – By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) https://www.fairfieldmarketresearch.com/report/egg-powder-market
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