Insights Into The Egg Protein Powder Market’s Growth Opportunities Through 2023-2032 – Includes Egg Protein Powder Market Driver
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The high growth in the nutraceuticals & dietary supplement industry are expected to drive innovation in egg protein powder manufacturing, thus driving the market during the forecast period.
The global egg protein powder market is expected to grow from $4.33 billion in 2022 to $4.61 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The egg protein powder market size is expected to grow to $5.97 billion in 2027 at a CAGR of 6.6%.
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Global Egg Protein Powder Market Segments Include:
- By Type:Whole Egg Powder, Egg Yolk Powder, Egg White Powder
- By Form:Solid, Liquid
- By Application:Dietary Supplements, Bakery Products, Meat Products, Ice Creams, Other Applications
- By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global egg protein powder market in 2021.
Major Market Players in the egg protein powder market include Avangardco, Bouwhuis Enthoven, BNL Food Group, DEB EL FOOD, Eurovo Group, GF Ovodry, Kewpie, Post Holdings, Rose Acre Farms, Sanovo, Rembrandt.
Innovation and new product launches are key trends gaining popularity in the egg protein powder market. Key players are focusing on innovating, developing, and launching new products such as plant-based egg protein powder that is enhanced with additional benefits for consumers such as vegan-friendly, cholesterol/fat-free, and protein benefits. Innovation and new product launches help companies to offer unique products and attract customers while gaining a competitive edge in the market. For instance, in October 2021, The EVERY Company, an American biotechnology company launched the EVERY ClearEgg, an animal-free egg white protein powder. It is marketed as the first animal-free egg white protein. The product which is in powder form can be solubilized or included in a company’s existing product. In addition, in January 2020, Noblegen Inc., a Canadian advanced nutritional ingredient company launched a plant-based whole egg powder, its first direct-to-consumer facing product. The product is vegan, and cholesterol-free offering 6g of plant-based protein per serving, which is equal to that of nature’s egg.
The Egg Protein Powder Global Market Report 2023 provides a egg protein powder market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The egg protein powder market forecast analyzes egg protein powder market size, egg protein powder market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Egg protein powder is a product made from pasteurized isolated protein from eggs.Egg protein powder has a high biological value and contains various vitamins and minerals, making it a great choice of protein powder for many people. Egg protein powder is a natural, unflavored product that has a harsh taste. Egg protein powder is mainly used because it is lactose-free and very low in carbohydrates and fats.
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