Egg White Powder Market to exceed US$ 3,151.49 million by 2030

Published on 14-Jun-2023
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Report : Egg White Powder Market Size, Share, Growth by 2030

The scope of our recent study titled "Egg White Powder Market Forecast to 2030 – COVID-19 Impact and Global Analysis – by Type, and Application," includes the description of factors fueling the market growth, estimation and forecast of revenue, and identification of major market players and their key developments. The report also provides a market share analysis.

The egg white powder market was valued at US$ 2,110.41 million in 2022 and is projected to reach US$ 3,151.49 million by 2030; it is expected to register a CAGR of 5.3% from 2023 to 2030.

Egg white powder is a dehydrated form of egg whites using drying methods such as pan drying, spray drying, freeze-drying, and foam mate drying. Egg white powder is a rich source of protein, thus can be a used as an effective protein supplement in numerous food and beverage products. It has excellent foam stability, good gelling, whipping and water binding ability. Moreover, egg white powders also serve as dairy-free protein alternatives, among health-conscious individuals and people having allergies to dairy proteins. Key benefits including large egg production and rising egg processing capacity has will drive the egg white powder demand in the region. Further, the increasing demand for egg white powder within various end-use industries such as food & beverages, pharmaceutical, personal care, animal feed and others are driving global  egg white powder market growth. 

Based on type, the egg white powder market is segmented into high-whip and high-gel. The high-whip segment held the largest share of the egg white powder market in 2022, and the high-gel segment is projected to register the highest CAGR during the forecast period. Egg whites are low-fat and rich in protein. High-whipped egg white powder is obtained by individually breaking and separating fresh hen eggs, which are fermented, concentrated spray dried, and pasteurized in dry form. Egg white powder high-whip has significant whipping and stability characteristics, making it suitable for confectionery and bakery products. It produces tremendously high volume, stable egg white foam for use in products that contain meringue (a type of dessert or candy) as an essential part of the recipe. The growing consumption of frozen desserts & dairy and bakery products in various countries is driving the demand for high-whip egg powder as major ingredient in food products. 

The egg white powder market is segmented into five main regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. Europe held the largest share of the market in 2022, and Asia Pacific is expected to register the highest CAGR during the forecast period. The North America egg white powder market is segmented into the US, Canada, and Mexico. North America is one of the prominent regions for the growth of the egg white powder market, owing to the increasing preference for dietary supplements and the rising consumption of nutritional supplements among the population across the region. According to the Council for Responsible Nutrition (CRN), in 2021, 80% of North Americans consumed dietary supplements, and 79% of Americans acknowledged that the dietary supplement industry is trustworthy; this belief has grown by 5% since 2020. Egg white powder is an excellent source of protein, and riboflavin (Vitamin B2) ensures lean muscle strength and aids in muscle repair and recovery. Due to the benefits associated with egg white powder, health-conscious consumers across the region are increasingly adopting the dietary supplements incorporated with egg white powder.

Impact of COVID-19 Pandemic on Egg White Powder Market

The unprecedented rise in COVID-19 cases across the world and the subsequent lockdown of many manufacturing facilities negatively influenced the growth of the egg white powder market. The restrictions on imports and exports, social distancing norms, and labor shortages due to sickness have led to disruptions in food processing industries in the globe. In addition, the overall disruptions in manufacturing processes and research and development activities restrained the global egg white powder market growth. However, the market is reviving due to government measures, such as vaccination drives. The rising demand from industries such as food & beverages and nutraceuticals is propelling the need for egg white powder. Moreover, various market players in the globe are investing heavily in lucrative research and commercialization projects as businesses gain confidence in stabilizing economies and increasing demand for high-whip and high-gel egg white powders, thereby providing impetus for the egg white powder market growth.

The report segments the egg white powder market as follows:

Based on type, the egg white powder market is segmented into high-whip and high-gel. Based on application, the egg white powder market is segmented into food and beverages, personal care, and others. Based on geography, the egg white powder market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America.
 

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