An analysis of Egg Protein market has been provided in the latest report added at Market Study Report that primarily focuses on the market trends, demand spectrum, and future prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.
Worldwide Egg Protein Market Size is expected to register a CAGR of 5.6% during 2020 to 2027 and will reach USD 10.98 billion by 2027 from USD 7.1 billion it had previously accounted in 2019.
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Egg proteins are multifunctional ingredients used in the preparation of different foods and beverages. These products are enriched with essential amino acids, bioactive acids and proteins that aid in the proper formation of muscles and bones. In addition, egg protein also acts as an emulsifier, thickener, foaming agent and gelling agent in various food and beverage preparations.
Moreover, its easy availability, economical & digestible nature and neutral taste make it compatible with various nutritious preparations that are likely to stimulate the market share of egg protein powders. Egg protein powder is commonly used in the manufacture of sports and dietary supplements due to its high protein content and the abundance of branched amino acids. Regular ingestion of these products helps to grow bones and muscles properly without causing weight, cholesterol or insulin levels. In addition, it can be combined with other natural ingredients such as whey protein, almond milk or traditional dairy products to improve the nutritional profile and increase digestive viability, thus increasing market demand for egg protein powder.
Industry players are increasing their research and marketing investment in an attempt to diversify the product range and raise brand recognition. Manufacturers enter into direct contracts with poultry suppliers, supply high quality chicken feed and invest in supply chain contracts to reduce supplier leverage and provide cost-effective solutions. Marketing initiatives, such as free sample distribution, paid advertising of social media personalities and print media, are also projected to accelerate the market value of egg protein powder.
Major Egg Protein market player included in this report are:
- Cargill Inc.
- Kewpie Corporation
- Rose Acre Farms
- Rembrandt Enterprises
- Bouwhuis Enthoven
- Wulro BV
- SANOVO TECHNOLOGY GROUP
- Interovo Egg Group BV
- Dalian Hanovo foods Co. Ltd
Title 21 of the FDA Regulations sets out requirements for producers of egg protein products. The Regulation provides that the pH of liquid eggs should be between 6 and 7 and requires the addition of pure hydrochloric acid to regulate fermentation. The law also specifies the use of monosodium phosphate and limits it to 0.5 per cent of the total weight of frozen eggs. These regulations allow manufacturers to produce high-quality goods that comply with international requirements and standards. Key players in the egg protein powder industry are engaged in the procurement of high-quality raw materials through direct parenting with poultry farmers in order to achieve competitive price advantage.
In addition, manufacturers are now investing in marketing spending through social media channels in an effort to achieve brand awareness, stimulate sales in stores and expand the customer base. For instance, In October 2018, Designer Protein launched a new collection of egg protein powders under the brand name Totally Egg Protein. It is the first commodity to contain all the necessary nutrients of the egg. It also contains naturally occurring lecithin phosphatidylcholine and phosphatidylserine, which promote cellular and nervous health. This new product launch would allow the company to rapidly enter the egg protein supplement market and improve brand awareness.
The regional analysis of global Egg Protein Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is expected to see more than 4% rise in CAGR by the end of 2027. The rapid acceptance of egg protein in the dietary supplement industry, due to its economic nature, ease of processing and high rich nutrient profile, is likely to fuel product demand. Furthermore, industrial players are increasingly expanding the portfolio of egg protein products to accommodate various lifestyles and athletic needs, which are likely to increase the market share of egg protein powders.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
- Whole Egg Protein
- Egg Yolk Powder
- Egg White Powder
- Dietary Supplements
- Bakery Products
- Meat Products
- Ice Creams
- North America
- Asia Pacific
- Latin America
- Rest of the World
Table of Contents:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Egg Protein Market, by Region, 2018-2027 (USD Billion)
1.2.2. Egg Protein Market, by Type, 2018-2027 (USD Billion)
1.2.3. Egg Protein Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Egg Protein Market Definition & Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Egg Protein Market Dynamics
3.1. Egg Protein Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Egg Protein Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Egg Protein Market, by Type
5.1. Market Snapshot
5.2. Global Egg Protein Market by Type, Performance – Potential Analysis
5.3. Global Egg Protein Market Estimates & Forecasts by Type, 2017-2027 (USD Billion)
5.4. Egg Protein Market, Sub Segment Analysis
5.4.1. Whole Egg Protein
5.4.2. Egg Yolk Powder
5.4.3. Egg White Powder
Chapter 6. Global Egg Protein Market, by Application
6.1. Market Snapshot
6.2. Global Egg Protein Market by Application, Performance – Potential Analysis
6.3. Global Egg Protein Market Estimates & Forecasts by Application, 2017-2027 (USD Billion)
6.4. Egg Protein Market, Sub Segment Analysis
6.4.1. Dietary Supplements
6.4.2. Bakery Products
6.4.3. Meat Products
6.4.4. Ice Creams
Chapter 7. Global Egg Protein Market, Regional Analysis
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