Global egg powder market report 2019
GLOBAL - The global egg powder market reached a volume of around 197,552 Tons in 2018, growing at a compound annual growth rate (CAGR) of around 4.5 percent during 2011-2018.
28 February 2019
3 minute read
By: One of the major factors driving the global demand of egg powder is its long shelf life and portability. Egg powder has a shelf-life of 5 to 10 years and is non-perishable, when stored in an air-tight container. It can easily be transported and does not require refrigeration, unlike real eggs which have high chances of cracking. Apart from providing the same amount of protein as regular eggs, it is also lactose free, low in carbohydrate, cholesterol and fat, and also offers reduced weight per volume as compared to whole egg.
Egg powder is also highly convenient to use because of its physical form which leads to low to no product wastage and generates no residue after usage. Egg powders are also available in a versatile product range such as egg white powder, egg yolk powder, whole egg powder and egg shell powder. These varied product ranges cater to different needs. Egg white powder is rich in protein content whereas egg yolk powder contains the bulk of the egg's fat. Someone opting for a low-calorie, high-protein diet can consume egg white powder without separating egg yolks from egg whites.
Catalysed by its numerous benefits, egg powder has become a crucial element in countless applications of the food industry due to its exceptional binding and emulsion capabilities.
Looking forward, the global egg powder market is expected to reach a volume of around 251,076 Tons by 2024, exhibiting a CAGR of 4 percent during 2019-2024.
Market Summary:
- Based on the type, the global egg powder market has been segmented into whole egg powder, yolk egg powder and white egg powder. Whole egg powder currently represents the largest segment.
- Region-wise, the global egg powder market has been segmented into Europe, Asia-Pacific, North America, Middle East & Africa, and Latin America. Amongst these, Europe represented the biggest market.
- On the basis of end-use, bakeries represented the largest application segment for egg powder, followed by sauces, dressings & mixes.
- Some of the key players in the industry include - Sanovo Group, Weko Group, Eurovo S.R.L., Rembrandt Enterprises Inc., Rose Acre Farms, Inc., Kewpie Egg Corporation, etc.
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Ryan Johnson
Ryan worked in conservation from 2008 to 2017, during which time he operated a rainbow trout hatchery and helped to maintain public and protected green spaces in Canada for the Toronto and Region Conservation Authority. As editor of The Poultry Site, he now writes about challenges and opportunities in agriculture across the globe.
