The egg protein market is expected to register a CAGR of 6% during 2023–2031. The growing significance of egg protein in sports nutrition industry is likely to remain a key trend in the market.
Egg Protein Market Analysis:
- The growing prevalence of ailments like obesity is making the masses more concerned and aware of the need to maintain a certain level of self-health.
- This rise in health consciousness amongst consumers drives the demand for healthier consumption habits and indulgence in any form of fitness activities.
- Thus, the market of egg protein, owing to its nutritional and bio-oxidative properties, is aimed to satisfy the need for high protein in a daily balanced diet catering to the overall need of the health-conscious, fitness-enthusiastic consumers.
- The usage of this product is also observed in the personal care segment and is also significantly used in the cosmetics industry as an emulsifier and skin-replenishing agent due to the presence of phospholipids.
- The growing awareness about the potential of egg protein as a functional, biodegradable and biocompatible element will further spike the product's utilization and propel the market further in coming years.
Egg Protein Market Overview
- Egg proteins are termed to be multifunctional ingredients that are effectively used in various food item preparations.
- These foods are highly used for their nutritional properties and bioactivities in food processing.
- Apart from this, egg protein is identified as an emulsifying, foaming, thickening, and gelling agent, which increases its application in the food & beverages industry.
- Egg protein ingredients are extensively used in nutrition, animal feed, and the cosmetics end use industry.
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Egg Protein Market Drivers and Opportunities
Surge in Awareness About the Health Benefits of Protein Rich Diet
- The rising awareness about the health benefits of protein-rich diets is driving the egg protein market.
- People are getting more health-conscious and looking for ways to improve their well-being.
- High-protein foods have become popular among people trying to build muscles and lose weight.
- The egg is identified as one with complete protein, containing all essential amino acids. These amino acids are required by the body to enable it to grow, repair, and even maintain the muscles.
- The increasing understanding of the role of protein in weight management, bodybuilding, and satiety has created an insatiable demand for egg-based proteins in the market.
- Therefore, the egg protein market has considerably expanded, and it now accommodates diverse product formats, powders, liquid egg whites, and fortified foods.
Product Innovation and Enhancements
- Opportunities for egg-protein product innovation and improvement lie ahead of the market in times to come.
- Consumers around the world are increasingly seeking more sustainable sources of healthier proteins.
- Manufacturers could take advantage of these market trends and have the ability to innovate novel egg-protein formulations that are suitable for a wide range of dietary requirements and preferences, such as protein-rich food products for athletes; formulating egg-protein-based products that are free from common allergens and marketing ready-to-eat products fortified with egg proteins.
- An example of the former is the egg snacking range under the ‘Fast – Egg Mayonnaise Drinks’ brand made by the Beijing Daily Heart Health Food Co in China.
- Therefore, by refining existing products or introducing novel egg-protein products, companies would have the capacity to create new market differentiation, target health-conscious consumers, and seize application areas in untapped consumer options that have not previously considered egg-based foods, thus expanding the whole market for egg-protein products.
Egg Protein Market Report Segmentation Analysis
The scope of the global egg protein market is segmented on the basis of type, form, and application.
- Based on type, the egg protein market is segmented into egg white protein, whole egg protein, and egg yolk protein.
- On the form, the market is bifurcated into solid and liquid.
- Based on application, the market is categorized into food and beverages, nutrition, personal care and cosmetics, feed, and others.
Egg Protein Market Share Analysis by Geography
- Egg Protein Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering egg protein market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers Porter’s Five Forces analysis, which involves the study of major factors that influence the egg protein market in these regions.
Egg Protein Market Regional Insights
The regional trends and factors influencing the Egg Protein Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Egg Protein Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Egg Protein Market
Egg Protein Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX Million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2023 - 2031) | 6% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Egg Protein Market Players Density: Understanding Its Impact on Business Dynamics
The Egg Protein Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Egg Protein Market are:
- Cargill Inc
- Kewpie Corp
- Davisco Foods International
- Rose Acre Farms
- Sanvo Egg Group
- Bouwhuis Enthoven BV
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Egg Protein Market top key players overview
Egg Protein Market News and Recent Developments:
The egg protein market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:
- Onego Bio Poaches launched a $40M Series A precision-fermented egg protein in North America, offering over 20 functional benefits from aeration to emulsification and gelation. (Source: Onego Bio, Newsletter, Apr 2024)
- The EVERY Company, a pioneer in precision fermentation technology for egg proteins, launched multinational food companies to increase manufacturing capacity for animal-free egg proteins, aiming to meet demand and expand its production capacity. (Source: The EVERY Company, Newsletter, Feb 2024)
Egg Protein Market Report Coverage and Deliverables
The “Egg Protein Market Size and Forecast (2021 – 2031)” provides a detailed analysis of the market covering below areas:
- Egg protein market size and forecast at global, regional and country levels for all the key market segments covered under the scope
- Egg protein market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Egg protein market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the egg protein market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The global egg protein market is estimated to grow above 6% during the forecast period 2023-2031.
Surge in awareness about the health benefits of protein rich diet is one of the major factors driving the egg protein market.
The growing significance of egg protein in the sports nutrition industry is likely to remain a key trend in the market.
The leading players operating in the egg protein market are Cargill Inc, Kewpie Corp, Davisco Foods International, Rose Acre Farms, Sanvo Egg Group, Bouwhuis Enthoven BV, Dalian Hanovo Foods, IGRECA, Onego Bio, and The EVERY Company.
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The List of Companies
1. Bouwhuis Enthoven
2. Cargill Inc.
3. Dalian Hanovo foods Co. Ltd
4. IGRECA
5. Interovo Egg Group BV
6. Kewpie Corporation
7. Rembrandt Enterprises
8. Rose Acre Farms
9. SANOVO TECHNOLOGY GROUP
10. Wulro BV