Egg Processing Market by Product (Dried Egg Products, Frozen Egg Products, Liquid Egg Products), Processing (In-Line Processing, Off-Line Processing), Nature, Application - Global Forecast 2024-2030

Egg Processing Market by Product (Dried Egg Products, Frozen Egg Products, Liquid Egg Products), Processing (In-Line Processing, Off-Line Processing), Nature, Application - Global Forecast 2024-2030

The Egg Processing Market size was estimated at USD 30.25 billion in 2023 and expected to reach USD 32.15 billion in 2024, at a CAGR 6.38% to reach USD 46.65 billion by 2030.

Egg processing refers to the series of operations performed on eggs after they are laid to enhance their suitability for use in various food products. The primary objectives of egg processing include extending the shelf life of eggs, ensuring food safety, and improving the convenience and versatility of eggs for industrial, food service, and retail uses. The process can involve various steps such as cleaning, candling, breaking, separating, pasteurizing, cooling, freezing, drying, and packaging. Key factors include the growing demand for processed egg products in food services and bakeries, technological advancements in processing equipment, and increased consumption of high-protein foods. The convenience of use and longer shelf-life of processed egg products, coupled with the rising health consciousness among consumers, contribute significantly to expansion. However, challenges include fluctuating prices of raw materials and the high cost of setting up processing plants. Stringent regulations regarding animal welfare and food safety also pose concerns for producers. Additionally, the risk of contamination and disease outbreaks in poultry can disrupt supply chains, while the rise in veganism and plant-based alternatives may restrict adoption. There are substantial opportunities for market players in expanding product ranges, such as developing organic and free-range egg products. Innovation in packaging, processing technologies, and penetration in emerging markets offer lucrative prospects.

Regional Insights

The egg processing market in the Americas has shown robust growth, driven by the food service industry's increasing demand for processed egg products and advancements in processing technologies. Enhanced health consciousness among consumers, coupled with a preference for protein-rich diets, has further fueled market expansion. The egg processing market in the EMEA region demonstrates varied performance across different countries, influenced by regional dietary habits, egg consumption patterns, and evolving food safety regulations. Europe's stringent food safety standards drive the demand for processed eggs, which ensure safety and extended shelf life. Increased processed egg product demand in Middle Eastern countries owing to growing population and urbanization, alongside Africa's gradual market emergence attributed to advancing food processing infrastructure, collectively contribute to the region's market dynamics. The Asia-Pacific region is experiencing the fastest growth in the egg processing market, propelled by rapid urbanization, burgeoning population, and shifting dietary habits towards more protein-centric diets. Countries including China and India are major contributors, owing to their large population base and rising middle-class affluence, leading to increased consumption of processed egg products.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Egg Processing 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 and a shift towards high-protein diets
Global expansion of the food service industry

Market Restraints

Fluctuating raw material prices and required initial high investments

Market Opportunities

Ongoing advancements in egg processing technology
Rising popularity of animal-free egg products

Market Challenges

Navigating through rigorous food safety regulations

Market Segmentation Analysis

Product: Growing demand for dried egg products, offering extended shelf life and ease of storage
Application: Significant applications of processed egg products in bakery and confectionery to achieve consistent product quality

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 Processing 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 Processing 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

Griffiths Family Foods Acquires Framptons Egg Division

Griffiths Family Foods (GFF) has acquired the non-core egg division of Framptons, following Framptons' acquisition by Swedish investment firm Profura, which is pivoting the Somerset-based company towards the oat milk market. This acquisition marks a significant step for GFF, a subsidiary of the family-run Griffiths group with over 65 years of experience in egg production. The acquired division specializes in supplying food service and wholesale customers with liquid and frozen egg products in cartons and cooked egg products. The move aligns with GFF's strategic vision to grow its egg product line, leveraging the synergy between the two entities, backed by decades of successful partnership.

Every Unveils Liquid Egg Made Without a Hen

EVERY introduced its new product, EVERY Egg, a liquid egg alternative created without hens, amid an exclusive event held at the acclaimed Eleven Madison Park in New York City. Conceived through advanced yeast fermentation technology, EVERY Egg emerges after an extensive nine-year development phase, backed by a robust support of over USD 233 million from major figures and entities, including Anne Hathaway, AB InBev, and Grupo Bimbo.

Acquisition of Egg Processors Egga Food Group and Eivo by Hardeman Egg Group

Hardeman Egg Group has completed the acquisition of Egga Food Group, along with its subsidiary, the egg-dying specialist Eivo. This acquisition marks a significant step for Hardeman Egg Group, aiming to enhance its capabilities and presence in the egg processing and trading sector. By integrating the rich expertise, extensive experience, and increased production capacity of both entities, Hardeman Egg Group is expected to better fulfill the evolving demands of the market.

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 Processing 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 Processing Market, highlighting leading vendors and their innovative profiles. These include Actini Group, Avril Group, Bouwhuis Enthoven BV, Cal-Maine Foods, Inc., Daybreak Foods Inc., Gruppo Eurovo, Interovo Egg Group B.V., IsoNova Technologies LLC, Lowrie Foods Ltd, Michael Foods Inc., Moba B.V., Newburg Egg Corp., Paul Mueller Company, Pulviver, Rose Acre Farms, Inc., Sanovo Technology Group, and Trillium Farm Holdings L.L.C..

Market Segmentation & Coverage

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

Product
Dried Egg Products
Frozen Egg Products
Liquid Egg Products
Processing
In-Line Processing
Off-Line Processing
Nature
Inorganic Egg Products
Organic Egg Products
Application
Bakery & Confectionery
Dairy Products
Ready-To-Eat Meals
Soups & Sauces
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