The egg processing market involves breaking eggs, filtering, mixing, stabilizing, blending, whipping and drying raw eggs to produce a variety of processed egg products that extend shelf life and suit diverse applications. These products find widespread use in the food industry for bakery, prepared meals and desserts due to attributes like abundance, affordability, high nutritional value and versatility.

The global egg processing market is estimated to be valued at US$ 4.10 Bn in 2024 and is expected to exhibit a CAGR of 10% over the forecast period from 2024 to 2031.

Key Takeaways

Key players in the egg processing market

Key players operating in the egg processing market are Betatech Medical, Hemostasis LLC, CryoLife Inc., CSL Limited, Medtronic PLC, Johnson & Johnson, B.Braun Melsungen AG, Baxter International Inc., Integra Lifesciences Holdings Corporation, and Becton, Dickinson and Company (CR Bard), among others.

Growing demand for processed egg products

The Egg Processing Market Demand growing owing to bustling food processing and foodservice industries, increasing consumption of convenience and ready-to-eat foods, and rising health consciousness of consumers. Processed egg items offer advantages like long shelf life, ease of use, consistent quality and nutritional properties.

Global expansion of the egg processing market

Leading players in the egg processing market are expanding their footprint across global markets to cater to the rising demand. Emerging economies in Asia Pacific and Latin America present lucrative opportunities for market players due to the growing population, increasing disposable incomes, and westernization of diets in these regions.

Market Key Trends

One of the key trends gaining traction in the egg processing market is the rising popularity of egg protein products. Pure, concentrated and isolate forms of egg protein are gaining demand in sports nutrition and weight management supplements due to their high biological value, balanced amino acid profile and other health benefits. Manufacturers are innovating Novel blends of egg protein with plant proteins to enhance nutritional value, texture and taste.

Porter’s Analysis

Threat of new entrants: High capital requirements and stringent regulations make the threat low

Bargaining power of buyers: Large buyers are able to negotiate lower prices due to high demand

Bargaining power of suppliers: Suppliers have moderate power due to differentiated products and services

Threat of new substitutes: Low threat as there are few alternatives to egg products for industrial uses

Competitive rivalry: Intense competition between large multinational corporations

Geographical Regions

O the basis of  Egg Processing Market Regional Analysis, North America currently holds the largest share of the global egg processing market, in terms of value. This is attributed to increased demand for processed eggs and egg products from food chains, food manufacturers, and food service providers in the region. Moreover, the rising health-conscious population preferring processed eggs as convenience food has further propelled the market growth.

Asia Pacific is projected to be the fastest-growing regional market during the forecast period. Countries such as China, India, and Japan are witnessing increased urbanization and rising living standards. This has encouraged people to opt for processed and convenience food products. Additionally, improving economic conditions and growing demand for bakery and convenience food are anticipated to drive the regional market.

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 Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)