Global egg processing market is estimated to be valued at US$ 31.4 Billion in 2021, according to the Global Egg Processing Market Report, by Product Type (Dried Egg Products, Liquid Egg Products, and Frozen Egg Products), by Application (Bakery & Confectionery, Dairy Products, Ready-to-Eat, Soups & Sauces and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East and Africa), published by Coherent Market Insights.  

Global egg processing market was valued at US$ 31.4 Billion in 2021 and is expected to register a CAGR of 5.5% over the forecast period (2022–2030). The market for egg processing is majorly driven due to the various benefits involved with the processing of eggs. The method for processing of eggs includes breaking of eggs, filtration, mixing, stabilization, blending, pasteurization, cooling drying and packaging of eggs. This processing of eggs further improves the quality and shelf-life of eggs and is therefore expected to boost the demand for global egg processing market during the forecast period.

The spread of Covid-19 pandemic is affecting the consumer spending pattern globally. Despite strong demand for basic food products such as dairy products, supply chain disruptions has affected the egg processing industry. The poultry business is expected to decline due to the COVID-19 pandemic. This is expected to hinder growth of the egg processing market.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/egg-processing-market-3981

Browse 50 market data tables* and 40 figures* on "Global Egg Processing Market” - Forecast to 2030.

Key Trends and Analysis of the Global Egg Processing Market:

  • Based on Application, the market is segmented into Bakery, Confectionery, Dairy Products, and Others. The Bakery component is witnessing the highest market share with strong market growth during the forecast period in the global market. The Segment centres on the standing and opportunity for significant application value, market share, and growth valuation of each application.

Key Takeaways of the Global Egg Processing Market:

  • Among applications, dairy products constituted for a significant market share in 2021 owing to the presence of various nutrients in dairy products such as calcium, vitamin D and proteins among other essential nutrients. Apart from this, dairy products also provide phosphorus, vitamin A, B12, and magnesium.
  • The demand for egg products is growing rapidly in emerging countries such as China and India. Production and export of egg products have been highly attractive investments for a number of exporters in various countries such as Qatar, Oman etc. However, the food safety regulations implemented by governments are restraining the growth of the market.
  • New product launches, merger & acquisitions, strategic partnership expansion, and research & development activities for the Egg Processing are key strategies adopted by players in the global egg processing market. In April 2019, Ovostar Union, a high-tech production of natural quality shell eggs and egg products, increased its egg processing volume from 139 million eggs in 2018 to 142 million eggs in 2019 to meet the demand for dry egg products from importing countries.

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