Global Egg Protein Powder Market Size, Share and Industry Analysis Report by Type (Whole Egg Powder, Egg Yolk Powder, Egg White Powder) and Application (Dietary Supplements, Bakery Products, Meat Products, Ice Creams), Regional Outlook, Application Potent

Global Egg Protein Powder Market Size, Share and Industry Analysis Report by Type (Whole Egg Powder, Egg Yolk Powder, Egg White Powder) and Application (Dietary Supplements, Bakery Products, Meat Products, Ice Creams), Regional Outlook, Application Potential, Competitive Market 2021- 2027

The egg protein powder market is set to showcase exponential development by 2027 on account of the booming dietary supplement & nutraceuticals industry. In addition, the burgeoning number of fitness centers and health clubs is likely to fuel product adoption over the forecast period.

Recent studies have indicated that egg powders have a high nutrient composition that can considerably help satisfy consumers' nutrient and energy requirements, especially children. Egg powders undergo pasteurization, which kills the harmful bacteria, making egg protein powders a great alternative to eggs.

Due to whole egg powders' low moisture and water activity, they offer an extended shelf-life. Moreover, the powders are less prone to microbial growth with such minimal moisture and water activity, which makes them ideal ingredients for several dietary supplements and personal care products.

Additionally, egg protein powders provide a plethora of health benefits, including lowering cholesterol levels, strengthening bones, providing essential amino acids, and aiding muscle recovery, which has accelerated product demand in recent years. Furthermore, increasing consumer preference for gluten-free protein supplements and whey alternatives has augmented industry growth over the past few years.

Notably, industry players have been employing lucrative strategies to accommodate the escalating demand for dietary supplements, which has positively impacted the overall business landscape. For instance, in September 2021, SANOVO TECHNOLOGY GROUP, a leading machine manufacturer for the egg industry, entered into a strategic collaboration with Kletec BV, a major supplier of palletizing and automatic stacking solutions to the egg industry. The deal enabled both the firms to incorporate innovative automation solutions and boost productivity.

The egg protein powder market has been segmented on the basis of application, type, and region. In terms of application, the market has further been categorized into ice creams, dietary supplements, meat products, bakery products, and others. The others sub-segment is slated to grow at a notable CAGR over the analysis period to reach a valuation of around USD 1.45 billion by the end of 2027. Other applications of egg protein powder include cosmetic & personal care products and protein & nutritional bars.

From the regional point of view, the Latin America egg protein powder market is projected to gain considerable traction through the assessment timeline to garner a valuation of above USD 445 million by the end of 2027. Meanwhile, the Middle East & Africa egg protein powder market is poised to witness robust growth to be valued at more than USD 785 million by the end of the forecast period.