Global Egg Protein Market – Industry Trends and Forecast to 2029

Egg Protein Market Analysis and Size

Rising consumer awareness of nutritional food, an increase in sports activities, and increased demand for performance nutrition and beverages are the key factors driving the market. The increase in strategic marketing activities undertaken by leading manufacturers to build a larger consumer base, as well as burgeoning demand from developing regions, provide opportunities for market growth.

Data Bridge Market Research analyses that the egg protein market was valued at USD 31.95 billion in 2021 and is expected to reach the value of USD 52.09 billion by 2029, at a CAGR of 6.30% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Egg Protein Market Scope and Segmentation

Market Definition

The egg is an important food item that provides the human body with micronutrients, fats, and proteins. An egg contains 6gm of protein as well as other nutrients such as vitamin B12, vitamin A, E, K, and folic acid. Egg white contains a lot of protein, including ovotransferrin, ovalbumin, ovomucoid, ovomucin, and lysozyme. Lactose intolerant people can consume egg protein because it is lactose-free. Egg protein is consumed for muscle building and repairing, as well as for weight loss.

Egg Protein Market Dynamics

Drivers

• Increasing number of consumers around the world are shifting toward a high protein diet

The rise in demand for animal protein, combined with the growing consumer preference for low-fat, high-protein diets, has resulted in a remarkable increase in global consumption of animal protein such as egg. Breakfast products containing protein and fiber-rich ingredients are in high demand in the market, as an increasing number of consumers around the world are shifting toward a high protein diet to start their day, which is expected to provide valuable retail shelf space and market share globally in the egg protein market.

• Growing demand for clean label products

Clean label products are completely natural, non-GMO, and made with real ingredients, with no additives or preservatives. The main benefit of a clean label product is that consumers can easily read the ingredients and that it is organic and free of chemicals. Companies should have good packaging design, food product transparency, and simple ingredients with functional benefits.

Furthermore, rising disposable income levels, rising food and beverage expenditure, and rising consumer awareness of healthy lifestyles are some of the other factors expected to drive egg protein market growth.

Opportunities

The increased popularity of flavoured egg protein recommend the consumption of egg protein by physicians, fitness trainers, doctors to full fill the need of protein content of the body will create ample opportunities for the market to grow.

Restraints

The presence of hormones, antibodies and pharmaceuticals in egg powder can affect the health of the consumer, which will act as a restraint and further challenge the growth of the egg protein market during the forecast period.

This egg protein market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the egg protein market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Egg Protein Market

During the pandemic, demand for egg protein increased due to the COVID-19 outbreak. During the pandemic, eggs and egg protein products provided nutritious food to maintain immune health. To comply with the restrictions, many farms delivered eggs via e-commerce websites. Individual egg consumption in the United States is expected to exceed 250 eggs in the year 2020. This is primarily due to increased awareness of the health benefits of eating eggs during the pandemic. This resulted in numerous launches in the egg protein market over the previous years to meet consumer demand and serve nutritious food in a variety of desirable forms.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• St Ewe introduced a line of bottled egg whites into Morrisons stores in the United Kingdom in 2021. The Super Egg Whites are pasteurised free-range egg whites with 11g protein per 100ml, no fat, no cholesterol, and no gluten.
• Z Natural Foods launched their first Whole Egg powder in the United States in 2020. The product tastes great and is simple to store and prepare. One egg contains 14 vitamins and minerals, including choline, lutein, vitamins A, D, K2, phosphorus, selenium, and potassium.
• XXL Nutrition launched their first liquid egg whites product in Europe in 2021. These supplements are sold in supplement stores throughout the United Kingdom and other parts of Europe. The item is made of

Global Egg Protein Market Scope

The egg protein market is segmented on the basis of product type, function, flavours, form and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Egg White Powder
• Whole Egg Powder
• Egg Yolk Powder

Function

• Thickening
• Leavening
• Binding
• Preservatives/Antimicrobial
• Emulsifying
• Crystalization
• Others

Flavours

• Chocolate Flavor
• Strawberry Flavor
• Vanilla Flavor
• Unflavored

Form

• Solid
• Liquid

Distribution channel

• Supermarkets and Hypermarkets
• Convenience Stores
• Medical and Drug Stores
• Online Stores

Egg Protein Market Regional Analysis/Insights

The egg protein market is analysed and market size insights and trends are provided by country, product type, function, flavours, form and distribution channel as referenced above.

The countries covered in the egg protein market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the egg protein market due to the largest share in terms of revenue, with high consumption of additional protein content among individuals as well as the rapid acceptance of egg protein in the dietary supplement.  

Asia-Pacific is expected to grow during the forecast period of 2022 to 2029 as India is amongst the fastest growing egg producer in the world.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Egg Protein Market Share Analysis

The egg protein market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to egg protein market.

Some of the major players operating in the egg protein market are:

• Cargill, Incorporated (U.S.)
• Kewpie Corporation (Japan)
• Interovo Egg Group BV (Netherlands)
• Michael Foods, Inc (U.S.)
• NOW Foods (U.S.)
• Merck KGaA (Germany)
• TAJ AGRO INTERNATIONAL (India)
• Nutra Healthcare (India)

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