The global frozen eggs market is set to witness growth at a CAGR of 6.7% and grow up to evaluation of US$ 7,234.8 Mn by 2032.
The growing consumer preference for foods that require little preparation and serve quickly has reduced the demand for fresh egg items in institutional food services. Simultaneously, sales for frozen egg products in food service services has increased, especially among working professionals who prefer frozen eggs, especially frozen egg whites.
Frozen egg products are becoming increasingly popular in the catering industry. Private cafeterias in colleges, healthcare facilities, and commercial enterprises are observing how frozen egg products can be used to replace daily meals. Parallel to the ever-changing landscape of the food and beverage industries, consumers’ proclivity for frozen products is changing. In the near future, it is expected that a large consumer base will gravitate toward less perishable egg-based products instead of fresh eggs.
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Key Takeaways from Market Study
· The frozen eggs market is estimated to expand at CAGRs of 6.7% over the forecasted period
· The Europe frozen eggs market is currently holding around 26.2% of value share in 2022.
· Among product types in the frozen eggs market, the whole eggs account for around 60% of market share, followed by egg white types.
· China holds more than 55.3% of market share in East Asia and expected to grow with 9.3% over forecast period
· Germany, France, Italy, Spain, UK are key consumers of frozen eggs in European Country.
“Manufacturers of frozen eggs products would achieve impressive growth by targeting the functional food and beverages industry. Demand for Immunity boosting products has been on the rise following COVID-19 outbreak. These products are playing crucial role in one’s life, hence targeting that segment of functionality will impact the market positively”, says a Future Market Insights analyst.
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Competitive Landscape
Key manufacturers are also evolving with recyclable wrapping solutions in order to meet ecofriendly rules plus to gain traction of consumers. Technological invention in packaging approaches can lift product sales expressively, as it develops product quality to a superior extent.
Ø NestFresh, a leader in local, humane, and sustainable eggs, acquired New Barn Organics in 2021, expanded its presence into the globe of feasible and humane food.
Ø NestFresh, the chief in processed eggs, demonstrated its categorization leadership once more in 2020 with the introduction of a brand’s new EGG POP.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global Frozen eggs market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032. The study offers compelling insights based on product type (Whole Eggs, Egg Whites, Egg Yolk), End Use Application (Food Processing Industry, Food Service Providers, Retail/Household) across seven major regions of the world.
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