Sales of Egg Products Market to Accelerate from Key End-use Industries During the Forecast Period

As per a new study by Fact.MR, a market research and competitive intelligence provider, the global egg products market is projected to surge at a CAGR of 7.4% and reach a market valuation of US$ 23.1 Bn by 2031.

Even though per capita consumption of fresh eggs has decreased since 1950, egg use in other food products has increased. Egg products are customized as ingredients to meet the needs of food processors. The white or yolk’s foaming characteristics are vital in baking items; the yolk acts as an emulsifier in mayonnaise and salad oils, and adding eggs to meats or other dishes improves their binding capabilities.

Refrigerated liquid egg products have grown in popularity, particularly in the foodservice industry. Bulk tank trucks, smaller portable tanks or ‘totes’, paper cartons, hermetically sealed polyethene bags, lacquer-coated tins, and plastic pails are all common ways in which liquid egg products are distributed.

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Key Segments Covered in Egg Products Industry Survey

  • By Product Type
    • Frozen
      • Whole Eggs
      • Egg Whites
      • Egg Yolks
    • Refrigerated Liquid
      • Whole Eggs
      • Egg Whites
      • Egg Yolks
    • Dried
      • Whole Eggs
      • Egg Whites
      • Egg Yolks
    • Specialty Egg Products
  • By Target Group
    • Food Processing Industry
      • Bakery & Confectionery
      • Creamy Sauces
      • Ice Cream & Frozen Desserts
      • Mayonnaise
      • Noodles & Pasta
      • Salad Dressings
      • Others
    • Food Service Providers
    • Retail/Household
      • Convenience Stores
      • Discount Stores
      • Grocery Stores
      • Modern Trade
      • Online Retail
      • Specialty Food/Sports Stores
      • Wholesalers
      • Other Sales Channels

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Key Takeaways from Market Study

  • The U.S. is estimated to account for around 86.3% of the North American market in 2021, supported by consumer awareness regarding high nutritional content of foods and beverages.
  • According to Fact.MR’s analysis, China is estimated to account for around 46.6% of the East Asia market share in 2021, driven by easy availability of raw materials and the country being the number one producer of eggs.
  • The U.K. is a high-potential market in Europe, accounting for around 16.4% value share, supported by high popularity of baked goods.
  • Frozen egg products are set to hold 33.2% share of the market in 2021, on the back of ease of convenience and availability.
  • The food processing industry reflects 46.4% of market share in 2021, owing to high demand from the bakery industry.

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