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Global Egg Processing Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 10/11/2022
  • NO OF PAGES
  • 225
  • CATEGORY
  • Food & Beverages

Market Overview:

The egg processing market refers to the various processes and techniques used to transform raw eggs into value-added products for consumption, such as egg powder, liquid egg products, and egg-based ingredients. This market includes a wide range of players, from small-scale egg processors to large multinational corporations.

The global egg processing market has been growing steadily in recent years, driven by factors such as increasing demand for convenient and easy-to-use egg products, rising health awareness among consumers, and the growing popularity of plant-based diets. The global egg processing market was valued at $26.36 billion in 2020 and is expected to reach $34.09 billion by 2026, with a CAGR of 4.5% during the forecast period.

Some of the key trends driving the growth of the egg processing market include the increasing use of egg-based ingredients in processed foods, the rising popularity of vegan and vegetarian diets, and the growing demand for high-quality protein sources in developing countries.

The egg processing market can be segmented based on product type, application, and region. Some of the most commonly produced egg products include egg powders, liquid egg products, and egg-based ingredients such as albumen and yolk. These products are used in a wide range of applications, including bakery, confectionery, dairy, and meat products.

Geographically, the egg processing market is dominated by the Asia-Pacific region, which accounted for the largest share of the market in 2020, followed by North America and Europe. Some of the key players operating in the egg processing market include Cal-Maine Foods, Inc., Eurovo S.R.L., Igreca SA, and Sanovo Technology Group.

Covid-19 Impact:

The COVID-19 pandemic has had a mixed impact on the egg processing market. While the pandemic has caused disruptions in the global food supply chain, it has also led to an increase in demand for eggs and egg products as consumers stocked up on non-perishable food items during lockdowns.

The pandemic has also affected the egg processing market in other ways. For example, social distancing measures and other restrictions have made it challenging for egg processing facilities to maintain their operations at full capacity. Additionally, the closure of restaurants and other foodservice establishments has led to a shift in demand from liquid egg products to egg powders, which have a longer shelf life and are better suited for retail channels.

Despite these challenges, the egg processing market has remained resilient during the pandemic, with many companies pivoting to adapt to changing market conditions. For example, some egg processors have shifted their production to focus on egg-based ingredients for the foodservice industry, while others have invested in e-commerce platforms to reach consumers directly.

Looking ahead, the egg processing market is expected to continue to grow in the post-COVID world, driven by factors such as increasing demand for convenience and easy-to-use egg products, rising health awareness among consumers, and the growing popularity of plant-based diets. However, the ongoing effects of the pandemic, such as supply chain disruptions and changing consumer preferences, are likely to continue to impact the market in the short term.

Market Dynamics:

Drivers:

The egg processing market is driven by several key factors, including:

  1. Rising Demand for Convenient and Easy-to-Use Egg Products: As consumers increasingly look for quick and easy meal solutions, the demand for convenient and easy-to-use egg products has been on the rise. This includes products like liquid egg products, egg powders, and egg-based ingredients that can be used in a wide range of applications.
  2. Growing Popularity of Plant-Based Diets: While eggs are a popular source of protein, many consumers are turning to plant-based diets for health or ethical reasons. However, the demand for plant-based egg alternatives has led to the development of egg-based ingredients that can be used in plant-based products, helping to meet the needs of this growing market.
  3. Increasing Use of Egg-Based Ingredients in Processed Foods: Egg-based ingredients such as albumen and yolk are commonly used in processed foods such as baked goods, confectionery, dairy products, and meat products. As the demand for these products continues to grow, so too does the demand for egg-based ingredients.
  4. Rising Health Awareness Among Consumers: Eggs are a rich source of protein and other important nutrients, which has contributed to their popularity among health-conscious consumers. As consumers increasingly prioritize health and wellness in their purchasing decisions, the demand for high-quality egg products is likely to continue to grow.
  5. Growing Demand for High-Quality Protein Sources in Developing Countries: As developing countries continue to experience economic growth and rising incomes, the demand for high-quality protein sources is on the rise. Eggs are a relatively affordable and accessible source of protein, which has contributed to their popularity in these markets.

Regional Analysis:

The global egg processing market can be segmented by region, with key regions including North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

  1. North America: The North American market is expected to grow at a steady rate due to the increasing demand for egg products in the region. The United States is the largest market in the region, driven by factors such as a high consumption of processed foods and the growing trend of plant-based diets.
  2. Europe: The European egg processing market is driven by factors such as the increasing demand for egg-based ingredients in processed foods and the growing popularity of convenience foods. The market is dominated by countries such as Germany, France, and the UK, which are major egg producers in the region.
  3. Asia-Pacific: The Asia-Pacific region is the largest market for egg processing, accounting for the majority of global egg production. The region is driven by factors such as a growing population, rising incomes, and the increasing demand for high-quality protein sources. China, Japan, India, and South Korea are the major markets in the region.
  4. Latin America: The Latin American egg processing market is driven by factors such as the growing demand for convenience foods and the increasing popularity of high-protein diets. Brazil and Mexico are the largest markets in the region.
  5. Middle East and Africa: The Middle East and Africa market is expected to grow at a steady rate, driven by factors such as the increasing demand for egg-based ingredients in processed foods and the growing popularity of convenience foods. South Africa and Saudi Arabia are the major markets in the region.

Overall, the Asia-Pacific region is the largest and fastest-growing market for egg processing, driven by the region's large population, rising incomes, and increasing demand for high-quality protein sources. However, other regions such as North America and Europe also offer significant growth opportunities for companies operating in the egg processing market.

Market Segmentation:

List of segments in the global egg processing market:

  1. By Product Type:
  • Liquid egg products
    • Whole eggs
    • Egg whites
    • Egg yolks
  • Dried egg products
    • Egg powders
    • Other egg-based ingredients
  • Frozen egg products
  1. By Application:
  • Bakery and confectionery
  • Dairy products
  • Ready-to-eat meals
  • Sauces and dressings
  • Others
  1. By Distribution Channel:
  • Retail
    • Supermarkets
    • Hypermarkets
    • Convenience stores
    • Online retailers
  • Foodservice
    • Restaurants
    • Cafes
    • Other food outlets
  1. By Region:
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

These segments can help companies in the egg processing market to better understand their target customers, optimize their product offerings, and devise effective marketing strategies.

Competitive Landscape:

There are several key players in the global egg processing market. Some of the leading companies include:

  1. Cal-Maine Foods
  2. Eurovo Group
  3. Igreca
  4. Sanovo Technology Group
  5. Rose Acre Farms
  6. Moba Group
  7. Rembrandt Enterprises
  8. Venky’s India Limited
  9. Actini Group
  10. Bouwhuis Enthoven

These companies are engaged in the processing and supply of various egg products such as liquid eggs, dried eggs, and frozen eggs, catering to different industries such as food processing, foodservice, and retail. They focus on expanding their product offerings, increasing their distribution network, and adopting advanced technologies to enhance their product quality and meet the changing consumer demands. Some of the strategies adopted by these players include partnerships, collaborations, mergers and acquisitions, and new product launches to strengthen their market position and achieve sustainable growth in the global egg processing market.

Why to buy this Report?

The report provides quantitative and qualitative aspect for the market in terms of value and volume, along with supporting market trends, challenges, restraints.

The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.

The report provides competitive analysis of around 30-50 companies operated in the market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:

      • Business Model
      • Production Capacity, Revenue, Sales, Gross Margin
      • Key Business Strategy
      • SWOT Analysis

In terms of competitive landscape, the report provides distinctive factors that would help the end user in taking a key decision within the business:

      • Company Share Analysis from 2018-2022
      • Company Analysis by Revenue and Sales
      • Company Production Capacity, Gross Margin
      • Company Share Analysis by Application/End Use
      • Company Share Analysis by Product/Specification
Global Egg Processing Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
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• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035


1 Egg Processing Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Egg Processing
1.3 Egg Processing Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Egg Processing Revenue and Growth Rate from 2016-2030
1.4 Market Segmentation
1.4.1 Types of Egg Processing
1.4.2 Applications of Egg Processing
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Egg Processing Industry Trends
1.5.2 Egg Processing Drivers
1.5.3 Egg Processing Market Challenges
1.5.4 Egg Processing Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Egg Processing Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Egg Processing Industry Development

2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Egg Processing Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Egg Processing
2.2.1 Major Players Manufacturing Base of Egg Processing in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Egg Processing Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Egg Processing
2.3.3 Labor Cost of Egg Processing
2.4 Market Channel Analysis of Egg Processing
2.5 Major Down Stream Customers by Application

3 Global Egg Processing Market, by Type
3.1 Global Egg Processing Revenue and Market Share by Type (2016-2021)
3.2 Global Egg Processing Production and Market Share by Type (2016-2021)
3.3 Global Egg Processing Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Egg Processing Revenue and Growth Rate of Dried Egg Products
3.3.2 Global Egg Processing Revenue and Growth Rate of Liquid Egg Products
3.3.3 Global Egg Processing Revenue and Growth Rate of Frozen Egg Products
3.4 Global Egg Processing Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends

4 Egg Processing Market, by Application
4.1 Downstream Market Overview
4.2 Global Egg Processing Consumption and Market Share by Application (2016-2021)
4.3 Global Egg Processing Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Egg Processing Consumption and Growth Rate of Bakery (2016-2021)
4.3.2 Global Egg Processing Consumption and Growth Rate of Confectionery (2016-2021)
4.3.3 Global Egg Processing Consumption and Growth Rate of Dairy Products (2016-2021)
4.3.4 Global Egg Processing Consumption and Growth Rate of Ready-To-Eat Meals (2016-2021)
4.3.5 Global Egg Processing Consumption and Growth Rate of Soups & Sauces (2016-2021)
4.3.6 Global Egg Processing Consumption and Growth Rate of Others (2016-2021)

5 Global Egg Processing Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Egg Processing Revenue and Market Share by Region (2016-2021)
5.2 Global Egg Processing Consumption and Market Share by Region (2016-2021)
5.3 Global Egg Processing Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Egg Processing Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Egg Processing Market Under COVID-19
5.4.2 North America Egg Processing SWOT Analysis
5.5 Europe Egg Processing Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Egg Processing Market Under COVID-19
5.5.2 Europe Egg Processing SWOT Analysis
5.6 China Egg Processing Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Egg Processing Market Under COVID-19
5.6.2 China Egg Processing SWOT Analysis
5.7 Japan Egg Processing Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Egg Processing Market Under COVID-19
5.7.2 Japan Egg Processing SWOT Analysis
5.8 Middle East and Africa Egg Processing Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Egg Processing Market Under COVID-19
5.8.2 Middle East and Africa Egg Processing SWOT Analysis
5.9 India Egg Processing Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Egg Processing Market Under COVID-19
5.9.2 India Egg Processing SWOT Analysis
5.10 South America Egg Processing Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Egg Processing Market Under COVID-19
5.10.2 South America Egg Processing SWOT Analysis
5.11 South Korea Egg Processing Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Egg Processing Market Under COVID-19
5.11.2 South Korea Egg Processing SWOT Analysis
5.12 Southeast Asia Egg Processing Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Egg Processing Market Under COVID-19
5.12.2 Southeast Asia Egg Processing SWOT Analysis

6 Global Egg Processing Production by Top Regions (2016-2021)
6.1 Global Egg Processing Production by Top Regions (2016-2021)
6.2 North America Egg Processing Production and Growth Rate
6.3 Europe Egg Processing Production and Growth Rate
6.4 China Egg Processing Production and Growth Rate
6.5 Japan Egg Processing Production and Growth Rate
6.6 India Egg Processing Production and Growth Rate

7 Global Egg Processing Consumption by Regions (2016-2021)
7.1 Global Egg Processing Consumption by Regions (2016-2021)
7.2 North America Egg Processing Consumption and Growth Rate
7.3 Europe Egg Processing Consumption and Growth Rate
7.4 China Egg Processing Consumption and Growth Rate
7.5 Japan Egg Processing Consumption and Growth Rate
7.6 Middle East & Africa Egg Processing Consumption and Growth Rate
7.7 India Egg Processing Consumption and Growth Rate
7.8 South America Egg Processing Consumption and Growth Rate
7.9 South Korea Egg Processing Consumption and Growth Rate
7.10 Southeast Asia Egg Processing Consumption and Growth Rate

8 Competitive Landscape
8.1 Competitive Profile
8.2 Bouwhuis Enthovan Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Egg Processing Product Profiles, Application and Specification
8.2.3 Bouwhuis Enthovan Sales, Revenue, Price, Gross Margin 2016-2021
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 Ovobrand S.A. Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Egg Processing Product Profiles, Application and Specification
8.3.3 Ovobrand S.A. Sales, Revenue, Price, Gross Margin 2016-2021
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 Moba B.V. Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Egg Processing Product Profiles, Application and Specification
8.4.3 Moba B.V. Sales, Revenue, Price, Gross Margin 2016-2021
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 Actini Group (Actini Sas) Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Egg Processing Product Profiles, Application and Specification
8.5.3 Actini Group (Actini Sas) Sales, Revenue, Price, Gross Margin 2016-2021
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 Avril SCA Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Egg Processing Product Profiles, Application and Specification
8.6.3 Avril SCA Sales, Revenue, Price, Gross Margin 2016-2021
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 Eurovo S.R.L. Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Egg Processing Product Profiles, Application and Specification
8.7.3 Eurovo S.R.L. Sales, Revenue, Price, Gross Margin 2016-2021
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 Interovo Egg Group B.V. Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Egg Processing Product Profiles, Application and Specification
8.8.3 Interovo Egg Group B.V. Sales, Revenue, Price, Gross Margin 2016-2021
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 RAHIMA POULTRY FARM Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Egg Processing Product Profiles, Application and Specification
8.9.3 RAHIMA POULTRY FARM Sales, Revenue, Price, Gross Margin 2016-2021
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 Igreca S.A. Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Egg Processing Product Profiles, Application and Specification
8.10.3 Igreca S.A. Sales, Revenue, Price, Gross Margin 2016-2021
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 Cal-Maine Foods, Inc. Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Egg Processing Product Profiles, Application and Specification
8.11.3 Cal-Maine Foods, Inc. Sales, Revenue, Price, Gross Margin 2016-2021
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 Sanovo Technology Group Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Egg Processing Product Profiles, Application and Specification
8.12.3 Sanovo Technology Group Sales, Revenue, Price, Gross Margin 2016-2021
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
8.13 ISE AMERICA，INC Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Egg Processing Product Profiles, Application and Specification
8.13.3 ISE AMERICA，INC Sales, Revenue, Price, Gross Margin 2016-2021
8.13.4 Company Recent Development
8.13.5 Strategies for Company to Deal with the Impact of COVID-19
8.14 International Egg Processing and Packaging Company Market Performance Analysis
8.14.1 Company Profiles
8.14.2 Egg Processing Product Profiles, Application and Specification
8.14.3 International Egg Processing and Packaging Company Sales, Revenue, Price, Gross Margin 2016-2021
8.14.4 Company Recent Development
8.14.5 Strategies for Company to Deal with the Impact of COVID-19
8.15 Pelbo S.P.A. Market Performance Analysis
8.15.1 Company Profiles
8.15.2 Egg Processing Product Profiles, Application and Specification
8.15.3 Pelbo S.P.A. Sales, Revenue, Price, Gross Margin 2016-2021
8.15.4 Company Recent Development
8.15.5 Strategies for Company to Deal with the Impact of COVID-19
8.16 Arab Poultry Breeders Co.ltd (Ommat Group) Market Performance Analysis
8.16.1 Company Profiles
8.16.2 Egg Processing Product Profiles, Application and Specification
8.16.3 Arab Poultry Breeders Co.ltd (Ommat Group) Sales, Revenue, Price, Gross Margin 2016-2021
8.16.4 Company Recent Development
8.16.5 Strategies for Company to Deal with the Impact of COVID-19

9 Global Egg Processing Market Analysis and Forecast by Type and Application
9.1 Global Egg Processing Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Dried Egg Products Market Revenue and Volume Forecast (2021-2026)
9.1.2 Liquid Egg Products Market Revenue and Volume Forecast (2021-2026)
9.1.3 Frozen Egg Products Market Revenue and Volume Forecast (2021-2026)
9.2 Global Egg Processing Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Bakery Market Revenue and Volume Forecast (2021-2026)
9.2.2 Confectionery Market Revenue and Volume Forecast (2021-2026)
9.2.3 Dairy Products Market Revenue and Volume Forecast (2021-2026)
9.2.4 Ready-To-Eat Meals Market Revenue and Volume Forecast (2021-2026)
9.2.5 Soups & Sauces Market Revenue and Volume Forecast (2021-2026)
9.2.6 Others Market Revenue and Volume Forecast (2021-2026)

10 Egg Processing Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Egg Processing Market Trends Analysis

11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment

12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source
 

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

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The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.


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