Market Size of Egg Protein Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.10 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Egg Protein Market Analysis
The egg protein market is expected to register a CAGR of 5.1 % during the forecast period.
- Egg protein is a multifunctional ingredient that is widely used in the food and beverage industry for its unique functional and nutritional properties. As you mentioned, it can function as an emulsifier, thickening agent, texturizer, foaming agent, and gelling agent, which makes it a versatile ingredient for food processing. Apart from the food and beverage industry, egg protein is also used in the animal feed and cosmetics industries. In animal feed, it is used as a source of protein for livestock, while in cosmetics, it is used in shampoos and skin care products for its emulsifying and conditioning properties.
- In addition to their multifunctional properties, eggs and egg protein products are also highly valued for their nutritional content and their potential to support immune health. This has led to a growing demand for egg protein products in recent years as consumers become increasingly conscious of the importance of a healthy and balanced diet. Rising awareness among consumers towards nutritional food, the growing popularity of sports and fitness activities, and increased demand for performance nutrition and beverages are the key factors driving the growth of the egg protein market.
- The rise in strategic marketing activities undertaken by the leading manufacturers to build a larger consumer base and a burgeoning demand from the developing regions provide market growth opportunities. Manufacturers are focused on offering egg protein ingredients that have applications in the sports nutrition industry, owing to the increasing demand from fitness and gym enthusiasts across the globe. However, the growth of plant-based protein alternatives is expected to restrain the market growth.
Egg Protein Industry Segmentation
Egg proteins, which are distributed in both yolk and white (albumen), are nutritionally complete proteins containing all the essential amino acids (EAA).
The global egg protein market is segmented by type, application, and geography. Based on type, the market is classified as whole egg powder, egg white powder, and egg yolk powder. On the basis of application, the market is classified as bakery, meat products, ice cream, dietary supplements, and other applications. Also, the study analyzes the egg protein market in emerging and established markets worldwide, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
The report offers market size in values (USD million) for all the above segments.
| Type | |
| Whole Egg Powder | |
| Egg White Powder | |
| Egg Yolk Powder |
| Application | |
| Bakery | |
| Meat Products | |
| Ice Cream | |
| Dietary Supplements | |
| Other Applications |
| Geography | |||||||||
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Egg Protein Market Size Summary
The egg protein market is experiencing significant growth, driven by its multifunctional properties and nutritional benefits. As a versatile ingredient, egg protein is extensively utilized in the food and beverage industry for its roles as an emulsifier, thickening agent, texturizer, foaming agent, and gelling agent. Its application extends beyond food to sectors such as animal feed and cosmetics, where it serves as a protein source for livestock and is incorporated into personal care products for its conditioning properties. The increasing consumer awareness of health and nutrition, coupled with the rising popularity of sports and fitness activities, is fueling demand for egg protein products. This trend is further supported by strategic marketing efforts from leading manufacturers aiming to expand their consumer base, particularly in developing regions. However, the market faces challenges from the growing popularity of plant-based protein alternatives.
Globally, the North American region leads the egg protein market, driven by a strong consumer focus on healthy lifestyles and protein fortification in food products. The region's demand is bolstered by urbanization, western dietary influences, and an increasing middle-class population with higher disposable incomes. The bakery industry's demand for egg protein in products like cakes and pastries also contributes to market growth. The market is characterized by fragmentation, with numerous regional players investing in research and development to meet evolving consumer preferences. Key industry players are employing strategies such as product innovation, mergers, acquisitions, and expansions to enhance their market presence. Recent developments, including acquisitions and investments in sustainable egg protein production, highlight the ongoing efforts to meet the growing global demand.
Egg Protein Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Whole Egg Powder
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2.1.2 Egg White Powder
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2.1.3 Egg Yolk Powder
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2.2 Application
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2.2.1 Bakery
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2.2.2 Meat Products
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2.2.3 Ice Cream
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2.2.4 Dietary Supplements
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2.2.5 Other Applications
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 United Kingdom
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2.3.2.2 Germany
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2.3.2.3 France
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2.3.2.4 Russia
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2.3.2.5 Italy
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2.3.2.6 Spain
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2.3.2.7 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 India
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2.3.3.2 China
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2.3.3.3 Japan
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle-East and Africa
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2.3.5.1 United Arab Emirates
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2.3.5.2 South Africa
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2.3.5.3 Rest of Middle-East and Africa
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Egg Protein Market Size FAQs
What is the current Egg Protein Market size?
The Egg Protein Market is projected to register a CAGR of 5.10% during the forecast period (2024-2029)
Who are the key players in Egg Protein Market?
IGRECA, Rose Acre Farms, EUROVO S.r.l., Bouwhuis Enthoven BV and Merck KGaA (Sigma Aldrich) are the major companies operating in the Egg Protein Market.
