Global Egg Processing Equipment Market - 2023-2030

Global Egg Processing Equipment Market - 2023-2030

The Global Egg Processing Equipment Market reached US$ 37.8 billion in 2022 and is expected to reach US$ 52.9 billion by 2030 and grow with a CAGR of 4.3% during the forecast period 2023-2030.

The Egg Processing Equipment Market is witnessing a growing trend toward automation and increased efficiency. This includes the development of advanced egg grading machines, egg sorting machines and egg packaging machines that utilize sophisticated sensors, computer vision technology, and robotics to streamline the egg processing and packaging processes. Automation helps improve accuracy, speed, and overall productivity in egg-handling operations.

Automation and efficiency are major trends in the egg equipment market. Manufacturers are developing advanced machines that can automate various egg processing tasks, improving productivity and reducing labor costs. For instance, egg grading machines equipped with computer vision technology can quickly and accurately sort eggs based on size, color, and quality. This technology enables high-speed grading, with some machines capable of sorting up to 200,000 eggs per hour.

Market Dynamics

A Rise in Focus on Food Safety and Quality is Expected to Foster the Egg Processing Equipment Industry

Government regulations and standards regarding food safety and quality are becoming increasingly stringent across the globe. These regulations aim to ensure the safety of food products, including eggs, and protect consumer health. Compliance with these standards requires egg processors to invest in advanced egg processing equipment that meets the required food safety criteria.

Food safety incidents can have severe consequences for the reputation of egg processors and their brands. Building and maintaining consumer trust is crucial in the food industry. Investing in advanced egg processing equipment that enhances food safety measures can help egg processors uphold their reputation, demonstrate their commitment to quality, and gain consumer trust.

Increasing Demand for Specialty and Functional Egg Products is Expected to Fuel the Egg Processing Market Growth

The growing focus on health and wellness is driving consumer demand for specialty and functional food products. Eggs, being versatile ingredient, can be processed to offer enhanced nutritional profiles and specific functional benefits. For example, specialty egg products fortified with omega-3 fatty acids or high in protein content cater to consumers seeking specific health benefits.

Eggs are a natural source of various functional ingredients, such as lecithin, which is used as an emulsifier in food products. The demand for functional ingredients in food formulations, such as bakery, confectionery, or processed food products, has contributed to the increasing use of specialty egg products.

Lack of Standardization is Hampering the Egg Processing Equipment Market Growth

The demand for plant-based food products has been on the rise globally. Consumers are increasingly adopting plant-based diets for various reasons, including health, environmental concerns, and animal welfare. This shift in dietary preferences has created a demand for vegan and plant-based egg processing equipment.

The absence of standardized equipment specifications, manufacturing processes, and performance criteria can create challenges in the egg-processing equipment market. Inconsistent quality and performance levels across different equipment brands and models may make it difficult for buyers to compare and evaluate products effectively. This lack of standardization can also lead to difficulties in interoperability and compatibility between different equipment components and systems.

COVID-19 Impact Analysis

The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario, and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The Global Egg Processing Equipment Market is segmented based on machine type, product type, and region.

By Machine Type, the Pasteurizer Segment is Estimated to Have Significant Growth During the Forecast Period

Pasteurization is a crucial process in egg processing as it helps eliminate harmful bacteria, such as Salmonella, from eggs, ensuring food safety and quality. Pasteurization involves heating the eggs to a specific temperature for a set duration to destroy pathogens while preserving the egg's nutritional value. Given the importance of food safety in the food industry, the demand for egg pasteurization equipment is high.

The pasteurizer segment may hold the largest market share due to its maturity in the egg-processing equipment market. Pasteurization technology has been established and widely adopted for many years. As a result, there is a well-developed market for pasteurizers, with various manufacturers and suppliers offering a range of equipment options. The market’s maturity may contribute to the larger market share of the pasteurizer segment compared to other equipment types.

Geographical Analysis

Asia Pacific is the Fastest Growing Market in the Egg Processing Equipment Market

The Asia Pacific region is home to a significant portion of the global population, including densely populated countries such as China and India. The growing population and improving living standards and disposable incomes drive the demand for processed food products, including eggs. According to Statista, in the Eggs market, volume is expected to amount to 31.58bn kg by 2028. The Eggs market is expected to show a volume growth of 7.3% in 2024. This increased demand for processed eggs fuels the need for egg-processing equipment.

The Asia Pacific region has witnessed significant agricultural and food processing advancements. Industrialization and modernization of agriculture have led to increased egg production and the need for efficient egg processing equipment to handle larger volumes. As farms and processing facilities scale up their operations, a higher demand for equipment that can process eggs in large quantities drives market growth.

Competitive Landscape

The major global players in the market include Ovobel Foods Ltd. Moba B.V., Sanovo Technology Group, Pelbo S.P.A, ACTINI GROUP, Interovo Egg Group BV, OVO-TECH, Midwest BRD, Inc., Dion Engineering, and Cal-Maine Foods, Inc.

Why Purchase the Report?
• To visualize the Global Egg Processing Equipment Market segmentation based on machine type, product type, and region and understand key commercial assets and players.
• Identify commercial opportunities in the market by analyzing trends and co-development.
• Excel data sheet with numerous egg processing equipment market-level data points with all segments.
• The PDF report consists of a cogently put-together market analysis after exhaustive qualitative interviews and an in-depth market study.
• Product mapping is available as Excel consists of key products of all the major market players.

The Global Egg Processing Equipment Market Report Would Provide Approximately 53 Tables, 50 Figures And 190 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies