Egg powder is made by a spray drying process with the help of the dehydrated eggs. It contains the exact amount of protein as regular eggs, and in addition, they are low in fats, cholesterol, and carbohydrates. Powdered eggs possess a shelf life of 5 to 10 years if placed in cold surroundings. These powders can be conveniently transported to different locations without any risk of breakage or damage.
The fast proliferating bakery sector all around the globe is one of the major factors driving the growth of the global egg powder market. Eggs are a vital ingredient in almost every bakery product and are highly used in confectionery products all around the globe. Bakers use a powder in place of whole eggs due to various reasons, including the ease of transportation, shipping, and long shelf-life. Also, there is a significant spike in the production of eggs which is further likely to complement the growth of the global market.
The global egg powder market can be segmented into the distribution channel, end-user, product, and region.
By distribution channel, the market can be segmented into indirect and direct distribution channels. The indirect distribution channel can further be bifurcated into the online, convenience store, supermarket, and others.
By end-user, the market can be segmented into animal feed & pet food, nutraceuticals & pharma, cosmetics, food, household, and others.
By product, the market can be segmented into a powder mix, egg albumin powder, egg yolk powder, and whole egg powder.
North America accounts for the largest share in the global egg powder market due to the high demand for bakery and confectionery products in the region. Also, the presence of prominent market leaders in the region will further complement the growth of the regional market.
Asia Pacific is expected to witness significant growth in the forthcoming years due to the growing disposable income of the people along with rapid urbanization in the region. The growing sectors like food & beverage in growing economies like India will pose huge demand for egg powder. To cite, the demand for chicken products is reduced by more than 70%, raising the price of eggs in India by 15%.
Some of the significant players in the global egg powder market are SKM EGG Products Exports (India) Limited, Farm Pride Food Ltd, Interovo Egg Group BV, Ballas Egg, Derovo, Oskaloosa Foods, Henningsen Foods, Igreca, Bouwhuis Enthoven, Ovobel Foods Limited, Venky’s (India) Limited, Sanovo Egg Group, and Agroholding Avangard.
Get Sample of this Research Report for more Insights – https://www.syndicatemarketresearch.com/sample/egg-powder-market
Having a Master’s Degree in Brewing Technology and overall experience of 6 years in the field of writing, Jerri has been one of the most workaholic and dedicated team members of thefoodbeveragenews.com portal. She has been a part of this portal for 4 years now. Jerri started a career in writing with freelancing and the journey has been worth watching and appraising. She handles the Beverage Industry domain of the portal and along with her team provides all the vital and up-to-the-minute news and reports to the readers in a simple and comprehensible manner.