The global egg powder market size reached US$1,761 Million in 2021. Looking forward, the market expects to reach US$2,474 Million by 2027, exhibiting at a CAGR of 5.58% during 2022-2027.
Egg powder is obtained by completely dehydrating fresh eggs via the spray drying method. This process not only increases the shelf life of the product but also reduces the weight per volume of whole eggs while preserving the nutritional content. Due to its dry form, egg powder can be conveniently transported over long distances, as it does not require refrigeration and experience breakage. As a result, egg powder is increasingly being used in several applications ranging from food to cosmetic industries.
Competitive landscape
Some of the major players operating in the industry include
- Sonova Holding AG (SOON.SW),
- Weko Group,
- Eurovo S.R.L,
- Rembrandt Enterprises Inc (RBDE), Inc.,
- Rose Acre Farms, Inc.,
- KEWPIE Egg Corporation.
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Egg Powder Market Trends:
Over the past few years, the egg powder market has been propelled by significant demand from health-conscious consumers. Their consumption patterns have shifted from a carbohydrate-rich to a protein-rich diet, which has bolstered the demand for egg powder. Besides this, the proliferating food industry is also contributing to the growth of the market, as egg powder is widely used in bakeries and confectioneries due to its long shelf life and negligible product waste.
Moreover, its exceptional binding properties also make it a preferred choice over fresh eggs. Furthermore, egg powder is increasingly being used in natural personal care products, which are witnessing a high demand due to the rising self-care and wellness trends. Additionally, market players are introducing value-added products, such as high gel and whip egg yolk powder, which possess excellent binding properties. As these variants can be easily mixed with other food ingredients, they are gaining widespread preference among consumers.
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Key Insights from the report:
On the basis of types, the market has been segregated into whole, yolk and white egg powder. At present, whole egg powder represents the most popular product type owing to its wide applications in the food industry.
Based on end-uses, the egg powder market has been divided into bakery; sauces, dressings and mixes; and others (desserts, dietary supplements, pharma, etc.). Currently, bakery accounts for the majority of the market share.
Region-wise, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, Latin America, and Others. Amongst these, Europe is the leading market for egg powder, holding the largest share.
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