Market Forecast
The global processed eggs market sizes are projected to be valued at USD 34.82 billion by 2028 at a CAGR of 3.51% between 2021 and 2028. Egg processing includes the manufacturing of whole eggs, egg white, and yolks in frozen, dried, or liquid forms. Processed eggs are used in various industries such as food & beverages and personal care. They are sold to further processors to manufacture many food products such as bakery products, mayonnaise, and noodles. Specialty items such as shampoo, pet foods, and adhesives also include processed eggs. The manufacturing of egg powder involves a spray-drying process. The egg white, egg yolk, or whole eggs are pasteurized and spray-dried in a liquid form. This process is done in a room with high temperatures, enabling the evaporation process and eliminating water content from the eggs. After the eggs are completely dried, they are ground and packed.
Eggs are highly nutritious as they are rich in protein, vitamins, amino acids, and minerals. The poultry industry is growing at a rapid pace since the last decade. Fresh eggs have a low shelf-life; hence, they are processed to increase their shelf life. Processed egg products such as egg powder, liquid egg, and frozen eggs have longer shelf life compared to fresh eggs. Hence, processed eggs can be used in various food products such as bakery, confectionery, sauces, snacks, and dressings. The improved product shelf life makes it possible to be used in these applications. Owing to the numerous applications of processed eggs in several industries, the market is expected to experience growth throughout the forecast period.
Moreover, increasing health consciousness among consumers has led to an upsurge in the demand for processed eggs. Additionally, processed eggsareextensively used in pet food products as they help in boosting digestion and keeping pets’ immune systems healthy. Apart from these, egg powder is a great source of nutrition in pet food. Water-soluble, protein-rich egg albumin, found in egg whites, is particularly useful as a binder in wet pet foods or grain-free dry pet foods.
However, stringent food safety regulations by various government bodies are expected to restrain the market growth during the forecast period. For instance, all the processed egg products, such as whole eggs, egg whites, or egg yolks, are regulated by the USDA Food Safety Inspection Service. Also, in Canada, processed egg products are regulated under the Safe Food for Canadians Regulations (SFCR). Under section 103 implemented by SFCR, the processed egg products must be chilled to 4°C or less to reduce bacterial growth chances and decrease the risk of injury to human health.
Key Players
- Tyson Foods, Inc. (US)
- Rembrandt Enterprises, Inc. (US)
- Michael Foods Inc.(US)
- Global Eggs Corporation (Canada)
- Cal-Maine Foods (US)
- SKM Egg Products Export (India)
- Ballas Egg (US)
- Daybreak Foods, Inc. (US)
- Noble Foods Ltd. (UK)
- Rose Acre Farms, Inc. (US)
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Strategic Initiative by Market Players: Strategic initiatives such as acquisition, expansion, product launches, and research by various market players are anticipated to act as a major opportunity in the global processed eggs market. For instance, in May 2021, Cal-Maine Foods, Inc. acquired Red River Valley Egg Farm, LLC. The company owns and operates an egg production complex near Bogota, Texas. This acquisition will help Cal-Maine Foods, Inc. Increase the growing need for cage-free eggs and related products. Furthermore, expansion by various manufacturers will allow them to grow their business. For instance, in April 2021, Tyson Foods, Inc. Announced the investment of USD 48 million to accelerate the poultry business at its Pine Bluff, Arkansas, poultry plant. The company aims to fulfill the increasing demand for high-quality poultry products from various industries.
Increasing demand from the personal care industry: Personal care products such as shampoo and soap are manufactured with processed eggs. Aroma Blush, Too Cool for School US, The Body Care, and Hindustan Unilever Limited manufacture, among other companies, manufacture specialized shampoos that contain processed eggs. Egg yolk contains lecithin, which is an emulsifier, if applied to hair, gives shiny hair. The protein in eggs helps in nurturing hair. Furthermore, egg shampoo contains biotin, a hair development nutrient. Manufacturers are increasingly inclined towards offering protein and vitamin-rich shampoo to attract more consumers. These numerous benefits provided by processed eggs in personal care products help in boosting the market growth for the forecast period.
Global Processed eggs Market, by Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia and New Zealand
- Rest of Asia-Pacific
- Rest of the World
- South America
- Middle East
- Africa
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