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Egg Processing Market Size, Share, Forecast, & Trends Analysis by Product Type (Liquid Egg, Dried Egg, Frozen Egg), Nature (Organic), End Use (Food Industry {Bakery & Confectionery, Dairy, Ready-to-eat Meals}, Foodservice, Retail) - Global Forecast to 2031
Report ID: MRFB - 1041437 Pages: 175 Dec-2024 Formats*: PDF Category: Food and Beverages Delivery: 24 to 72 Hours Download Free Sample ReportKey factors driving the growth of this market include the rising demand for processed foods, increasing health consciousness, and growing demand for egg-based products. Additionally, the increasing preference for sustainability, as well as advancements in egg processing technology, are expected to create significant opportunities for market players. Moreover, the rising demand for premium and specialty products is a prominent trend in the egg processing market.
The busy lifestyle of modern consumers, combined with a growing population, changing food consumption patterns, rising disposable income, and a fast-paced lifestyle, is driving the demand for the convenience offered by processed foods. Processed eggs, available in liquid, dried, and frozen forms, offer significant advantages over whole eggs for food manufacturers, commercial kitchens, and consumers. As modern consumers increasingly prioritize convenience, the consumption of processed foods continues to rise. According to the USDA, out of the 93.1 billion eggs consumed in 2022, approximately 30% were sold as egg products (liquid, dried, and frozen eggs) to food service providers and as ingredients in processed foods in the U.S.
Moreover, many consumers are willing to spend more on convenience foods that require little to no preparation compared to cooking from scratch. Processed eggs eliminate time-consuming tasks such as cracking, separating, or cooking eggs, thus simplifying food production. For instance, in the food service industry, processed eggs are easier to handle and store, which reduces labor costs and food waste. Products like scrambled eggs, omelettes, and baked goods can be prepared quickly with processed eggs, enhancing efficiency and consistency in food preparation. Additionally, processed eggs have a longer shelf life than fresh eggs, reducing the risk of spoilage and ensuring a more reliable supply chain. Therefore, the increasing preference for processed, convenient, and high-quality foods is propelling the growth of the egg processing market.
Eggs are rich in protein and essential vitamins, providing numerous health benefits and making them a staple in the daily diet of many consumers. This growing awareness has led to an increased demand for prepared egg products, which offer the convenience of easy consumption without compromising nutritional value. Eggs have gained recognition as nutrient-dense foods packed with high-quality protein and important nutrients such as choline and selenium. Liquid, dried, and frozen egg products provide a safe alternative to shell eggs, minimizing the risk of contamination without sacrificing nutritional content. This assurance of safety is particularly crucial in the food service industry, where the use of processed eggs helps mitigate health risks, such as those associated with Salmonella.
Furthermore, processed eggs offer a quick and efficient way to incorporate protein, vitamins, and minerals into diets, especially in meal options like smoothies, protein bars, and ready-to-eat meals. With the rise of protein-focused diets, including keto, paleo, and fitness regimens, eggs are viewed as a valuable source of lean protein. Processed egg products align with these dietary preferences. Many processed eggs are free from artificial additives or preservatives, making them popular among health-conscious consumers seeking natural and minimally processed foods. Additionally, products like omega-3-enriched or organic eggs are gaining popularity among those who prioritize health and sustainability, further boosting demand for processed eggs.
Technological innovations such as advanced pasteurization, automation in sorting and packaging, and improved refrigeration systems have significantly enhanced product safety, shelf life, and production efficiency. For instance, pasteurization ensures that liquid egg products carry a reduced risk of foodborne illness while offering greater convenience for both consumers and food manufacturers. Automation in processing plants has streamlined operations, reduced labor costs, and improved scalability. These advancements have made egg-based products more versatile, accessible, and safer, driving high consumer demand and supporting market growth worldwide. As a result, the egg processing industry is well-positioned for continued growth and innovation.
Based on product type, the egg processing market is segmented into liquid eggs, dried eggs, frozen eggs, and other egg products. In 2024, the liquid eggs segment is expected to account for the largest share of the egg processing market. This segment’s large market share can be attributed to the benefits offered by liquid eggs, such as ease of handling, enhanced safety, operational efficiency, and versatility. Liquid eggs are widely used in various applications, including baking, food manufacturing, and ready-to-eat foods. They provide a convenient, time-saving alternative to traditional shelled eggs, meeting the needs of busy consumers and food service providers. Available in forms such as whole eggs, egg whites, egg yolks, and sugared or salted whole eggs, liquid egg products offer flexibility for a range of culinary uses.
Based on geography, the egg processing market is majorly segmented into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of the egg processing market, followed by Europe and Asia-Pacific. North America’s significant market share can be attributed to the region’s well-established food processing infrastructure, the presence of key market players, a large consumer base for processed foods, high demand for egg-based products, diverse product offerings, increased consumer awareness regarding food safety and foodborne illnesses, and growing demand for ready-to-eat foods.
However, the market in Asia-Pacific is projected to register the highest CAGR during the forecast period of 2024–2031. The growth of this regional market is driven by the surge in demand for convenience foods, the expanding food processing sector, a rapidly growing population, an increasing focus on health and wellness, and a rising middle class with higher disposable incomes, all leading to greater consumption of processed foods. Furthermore, the growth of the food service industry and the increasing production of eggs are expected to support the market’s growth in the region.
The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios and geographic presence and the key growth strategies adopted by them over the past three to four years. Some of the key players operating in the egg processing market are Cal-Maine Foods, Inc. (U.S.), Wabash Valley Produce, Inc. (U.S.), Rose Acre Farms Inc (U.S.), Rembrandt Enterprises, Inc. (U.S.), Dr. August Oetker KG (Germany), Kwepie Egg Corporation (Japan), Pulviver SPRL (Belgium), Global Food Group B.V. (Netherlands), Eurovo Srl (Italy), Ovobel Foods Limited (India), SKM EGG Products Exports (India ) Limited (India), IGRECA (France), Ready Egg Products Ltd (Ireland), and Trillium Farm Holdings, LLC (U.S.).
Particulars |
Details |
Number of Pages |
175 |
Format |
|
Forecast Period |
2024–2031 |
Base Year |
2023 |
CAGR (Value) |
3.8% |
Market Size (Value) |
USD 36.21 Billion by 2031 |
Segments Covered |
By Product Type
By Nature
By End Use
|
Countries Covered |
North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, Netherlands, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Malaysia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East & Africa (South Africa, Saudi Arabia, UAE, and the Rest of Middle East & Africa). |
Key Companies |
Cal-Maine Foods, Inc. (U.S.), Wabash Valley Produce, Inc. (U.S.), Rose Acre Farms Inc (U.S.), Rembrandt Enterprises, Inc. (U.S.), Dr. August Oetker KG (Germany), Kwepie Egg Corporation (Japan), Pulviver SPRL (Belgium), Global Food Group B.V. (Netherlands), Eurovo Srl (Italy), Ovobel Foods Limited (India), SKM EGG Products Exports (India ) Limited (India), IGRECA (France), Ready Egg Products Ltd (Ireland), and Trillium Farm Holdings, LLC (U.S.). |
Key questions answered in the report:
The global egg processing market size was valued at $27 billion in 2023.
The market is projected to grow from $27.98 billion in 2024 to $36.21 billion by 2031.
The egg processing market analysis indicates substantial growth, with projections indicating that the market will reach $36.21 billion by 2031 at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2031.
The key companies operating in this market include Cal-Maine Foods, Inc. (U.S.), Wabash Valley Produce, Inc. (U.S.), Rose Acre Farms Inc (U.S.), Rembrandt Enterprises, Inc. (U.S.), Dr. August Oetker KG (Germany), Kwepie Egg Corporation (Japan), Pulviver SPRL (Belgium), Global Food Group B.V. (Netherlands), Eurovo Srl (Italy), Ovobel Foods Limited (India), SKM EGG Products Exports (India ) Limited (India), IGRECA (France), Ready Egg Products Ltd (Ireland), and Trillium Farm Holdings, LLC (U.S.).
The major opportunities for the egg processing market are the growing preference for sustainability and technological advancements in egg processing.
By product type, the liquid egg segment is anticipated to hold the largest market share during 2024-2031.
By nature, the conventional segment is anticipated to hold the largest market share during 2024-2031.
By end use, the food service segment is anticipated to hold the largest market share during 2024-2031.
By geography, North America is anticipated to hold the largest market share during 2024-2031.
By region, North America holds the largest egg processing market share in 2024. However, the market in Asia-Pacific is expected to witness the fastest growth, driven by the surge in demand for convenience foods, the expanding food processing sector, a rapidly growing population, an increasing focus on health and wellness, and a rising middle class with higher disposable incomes, all leading to greater consumption of processed foods.
Key factors driving the growth of this market include the rising demand for processed foods, increasing health consciousness, and growing demand for egg-based products.
Published Date: Dec-2024
Published Date: Aug-2024
Published Date: Mar-2019
Published Date: Sep-2017
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