Global Egg Powder Market size is estimated to touch USD 3.92 billion by 2030 and anticipated to grow at a CAGR of around 4.5% during the forecast period, i.e., 2024-30. The Egg Powder market has experienced steady growth in recent years and is expected to continue expanding in the forthcoming years as well. The market growth can be attributed to the rising demand for convenient and shelf-stable egg-based products, driven by busy lifestyles and a focus on convenience foods across the globe.
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Egg Powder Market Growth Drivers, and Competitive Landscape
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4. Market Insights
Global Egg Powder Market size is estimated to touch USD 3.92
billion by 2030 and anticipated to grow at a CAGR of around 4.5%
during the forecast period, i.e., 2024-30. The Egg Powder market
has experienced steady growth in recent years and is expected to
continue expanding in the forthcoming years as well. The market
growth can be attributed to the rising demand for convenient and
shelf-stable egg-based products, driven by busy lifestyles and a
focus on convenience foods across the globe.
5. Market
Driver
Escalating Demand for Egg Powder from Bakery and Confectionary
Industry โ There has been a significant rise in demand for bakery
and confectionary goods such as cakes, pastries, cookies, waffles,
chocolates, toffee, muffins, etc. among consumers. This is due to
the changing lifestyle and high demand for convenience food
across the globe. The fast-paced lifestyles of consumers have led
to the higher adoption of bakery goods as they are considered
ready-to-eat and go-to foods. In addition, different exotic fruit
flavors and various claims such as clean labels, free from additives,
made from whole grains, etc. further surge the growth of bakery
and confectionary products among consumers across the globe.
6. Market Segments
By Type (Whole Egg Powder, Egg Yolk Powder, Egg Albumin
Powder, Egg Powder Mix), By End User (Commercial [Food &
Beverages, Personal Care & Cosmetics, Nutraceuticals &
Pharmaceuticals, Others], Residential), By Distribution Channel
(Online Sales Channel [Company Website, E-commerce Platform],
Offline Sales Channel [Supermarkets/Hypermarkets, Departmental
Stores, Convenience Stores, Other Sales Channel]), By Region
(North America, South America, Europe, The Middle East & Africa,
Asia-Pacific)
7. Top Companies
โข Wulvro BV, Rose Acre Farms, Adriaan Goede BV, Interovo Egg
Group BV, Kewpie Corporation, Farm Pride, Wabash Valley and
many more
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