The egg white powder market is expected to reach US$ 2,652.35 million by 2027 from US$ 1,463.84 million in 2019; it is estimated to grow at a CAGR of 8.0% from 2020 to 2027.
Egg white powder is a well-known form of protein powder and is free of fats and sugars. Therefore, it is the best choice to help consumer achieve any fitness goals. Considering the rising number of food allergy and intolerance cases, the products such as egg white powder are becoming profitable field for investments in the food ingredients category. In addition to protein-rich characteristics, egg white powder can provide the typically recommended dose of calcium, amino acids, and cholesterol-free protein. Further, the meat-free nature of this type of powder substantiates sales, mainly among the vegetarian consumers. Through an evident shift of consumers toward vegetarianism, it is highly expected that egg white powder market may continue to foresee strong gains in the coming years. Moreover, the market growth seems promising due to its mild flavor that further encourages its use as the balancing ingredient in the processed food items, without compromising on the taste of several other added ingredients.
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Key Players:
- AdriaanGoede B.V.
- AgroholdingAvanguard
- BouwhuisEnthoven B.V.
- EierhandelWulro B.V.
- Interovo Egg Group
- Kewpie Corporation
- Oskaloosa Food Products Corporation
- Ovostar Union N.V.
- Rembrandt Foods, Inc.
- Rose Acre Farms Inc.
Rising Demand for Egg White Powder in Food Processing, Pharmaceuticals, and Dietary Supplement Industries:
Egg white powder is considered as economic and safe form of egg products, which find applications in the food, pharmaceuticals, and dietary supplement industries. Dried egg white powder has extended shelf life, and it is convenient to store and use across diversified application bases. These powders are known for their nutritional profile and add aromatic essence to food products. In bakery industry, these powders are increasingly being used for their foaming and gelling properties which make them useful to produce several food items. Other than this, the powdered egg white acts as a stabilizer for foams or provides texture to the baked goods. Confectionary producers are considered as the only consumers of pan-dried egg white powders, which is used in aerated confectioneries such as nougat owing to their anti-crystallizing properties. Apart from bakery and confectioneryindustries, these powders find their applications in preparation of meat and fish products such as surimi due to their gelling characteristics.
The reports cover key developments in the Egg White Powder Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players.
The report analyses factors affecting the Egg White Powder Market from further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Egg White Powder Market in these regions.
Moreover, the report entails the estimate and analysis for the Egg White Powder Market on a global as well as regional level. The study provides historical data as well as the trending features and future predictions of the market growth. Further, the report encompasses drivers and restraints for the Egg White Powder Market growth along with its impact on the overall market development. In addition, the report provides an analysis of the accessible avenues in the market on a global level.
Promising Regions & Countries Mentioned in The Egg White Powder Market Report:
- North America
- Europe
- Asia-Pacific
- Latin America
- The Middle East & Africa
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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Major Features of Egg White Powder Market Report:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Egg White Powder market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global Egg White Powder market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
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