Egg Ingredients Market by Product (Egg White Peptide, Egg Yolk Lecithin, Eggshell Membrane), Form (Liquid, Solid), End-Use - Global Forecast 2024-2030

Egg Ingredients Market by Product (Egg White Peptide, Egg Yolk Lecithin, Eggshell Membrane), Form (Liquid, Solid), End-Use - Global Forecast 2024-2030

The Egg Ingredients Market size was estimated at USD 11.96 billion in 2023 and expected to reach USD 12.56 billion in 2024, at a CAGR 5.18% to reach USD 17.04 billion by 2030.

Egg ingredients refer to processed or convenience products derived from eggs used in food manufacturing and culinary applications. These ingredients include whole egg products, egg whites, egg yolks, and various processed egg forms such as powdered, liquid, and frozen. They are utilized for their functional properties, including emulsification, coagulation, foaming, and maintaining moisture, in various food products. Additionally, egg ingredients are valued for their nutritional content, offering a source of high-quality protein, vitamins, and minerals. Rising consumer demand for convenience foods has led to increased use of egg ingredients in these products, and favorable government policies related to food safety and egg production standards contribute to market growth. However, fluctuations in egg prices due to feed costs or avian flu outbreaks can impact the market's stability. Nevertheless, innovations in egg processing technology, leading to more sustainable and efficient production methods and growth in the functional food sector, focusing on protein-enhanced and immunity-boosting products, are anticipated to create potential opportunities for market growth.

Regional Insights

In the Americas, the United States stands out as a significant consumer of egg ingredients. It is primarily driven by health-conscious consumers and a robust food industry integrating egg components for nutritional benefits. Furthermore, customer purchasing behavior in these regions is heavily influenced by stringent food safety regulations and a preference for clean-label, sustainable produce. Innovative research, such as the development of high-omega-3 eggs, and initiatives to promote cage-free eggs exemplify the advance toward more specialized egg products. EU countries strongly prefer food safety and traceability, mainly due to the strict regulatory framework governing the food industry. This region witnesses a high demand for pasteurized egg ingredients, focusing on minimizing the risk of salmonella and other contaminants. Consumer behavior indicates a lean towards organic and free-range eggs, reflecting awareness of animal welfare issues. Recent investments and research in the EU aim to improve egg production sustainability and develop alternative protein sources to supplement traditional egg ingredients. The egg ingredients market is expanding in the Asia Pacific region due to an increasing population and rising incomes, which facilitate more protein-rich diets. Furthermore, countries in this region are conducting egg ingredient research to enhance functionality and shelf-life. The purchasing behavior across these countries is marked by value for money and demand for convenient, ready-to-use products. On the other hand, the Middle East and African countries are showcasing an increasing consumption of processed foods, thus driving the need for egg ingredients in this sector. Furthermore, in both these countries, consumer needs are increased by the rise in quick-service restaurants and a younger demographic. Research and investment within EMEA focus on improving the cold chain infrastructure to manage the egg ingredient supply chain effectively.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Egg Ingredients Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Growing health consciousness among consumers and a preference for egg protein
Adoption of various egg ingredients in daily diet
Investments in processed and convenience food industry worldwide

Market Restraints

Fluctuating costs associated with egg ingredients

Market Opportunities

Introduction of innovative packaging and processing equipment for egg ingredients
Advancements in the production and formulation of egg ingredients

Market Challenges

Complexities associated with maintaining product quality and manufacturing

Market Segmentation Analysis

Product: Increasing use of egg white peptide owing to their potential health benefits
Form: Burgeoning adoption of solid egg ingredients owing to their flexibility in usage
End-Use: Evolving usage of egg ingredients in food and beverage sector

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Egg Ingredients Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Egg Ingredients Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Myos Corp Unlocks Potential of Egg Yolks to Build Muscles in Pet and Sports Nutrition

MYOS Corp revealed a novel use for egg yolk in formulating products aimed at muscle health. This advancement carries significant implications for the pet and sports nutrition markets. Additionally, implementing egg yolk-derived ingredients is anticipated to drive innovations in sports nutrition, providing athletes with a natural and effective supplement option.

Cal-Maine Foods Acquires Egg Production Assets of Fassio Egg Farms

Cal-Maine Foods, Inc., a player in egg production, recently fortified its position by strategically acquiring the egg production assets of Fassio Egg Farms, a Utah-based company. Additionally, integrating Fassio Egg Farms’ assets aligns with Cal-Maine Foods’ commitment to meet the increasing consumer demand for specialty and conventional egg products.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Egg Ingredients Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Egg Ingredients Market, highlighting leading vendors and their innovative profiles. These include A.G. Foods Limited, Avangard by UkrLandFarming, Bouwhuis Enthoven by Van Beek Group, Deb EL Food, Dutch Egg Powder Solutions by Wulro B.V, EPS S.P.A., Eurovo Group, Farm Pride, IGRECA France, Interovo Egg Group B.V., Jiangsu Kangde Eggs Co., Ltd., Kewpie Corporation, M&D Prize Foods Pte Ltd., Merck KGaA, Oskaloosa Foods, OVOBEST Eiprodukte GmbH & Co. KG, Peggs India by Raja Farms Pvt. Ltd., Pulviver, ReadyWise, Rembrandt Foods, Rose Acre Farms, Sanovo Technology Group, Taj Agro International, Venky's India Ltd., and ТМ Ovostar.

Market Segmentation & Coverage

This research report categorizes the Egg Ingredients Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Egg White Peptide
Egg Yolk Lecithin
Eggshell Membrane
Form
Liquid
Solid
End-Use
Cosmetics
Food & Beverage
Pharmaceuticals
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year