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  • Egg Products Processing Market Size, Share, & Growth Analysis | 2023-2028

    Egg Products Processing Market Size, Share, & Growth Analysis | 2023-2028

    Egg Products Processing Market Size, Share, & Growth Analysis | 2023-2028
    Report code - SR1154 Delivery - 2 Weeks
    Egg Products Processing Market Size, Share, Trends, Forecast, & Growth Analysis: See more...

    Market Insights

    "The egg products processing market size was estimated at USD 29.28 billion in 2022 and is likely to grow at a CAGR of 3.42% during 2023-2028 to reach USD 35.96 billion in 2028".

    Egg-Products-Processing-Market-Size

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    Market Dynamics

    Introduction

    Egg product processing refers to the various methods used to transform eggs into different forms that are easier to handle, transport, and store. Egg products are made from eggs that have been removed from their shells and processed into liquid, frozen, or dried forms.

    The processing of egg products may involve different steps, such as breaking, separating, filtering, pasteurizing, and drying. The resulting egg products can be used in a variety of applications, such as baking, cooking, and food manufacturing.

    COVID-19 Impact

    The COVID-19 outbreak posed significant challenges for the food & beverage industry across geographies. It impacted the progress of the market negatively as the imposition of the lockdown resulted in trade restrictions. However, the reopening of economies and ease in lockdown measures bolstered the market progress.

    Egg Products Processing Market Overview

    Market Size in 2022

    USD 29.28 billion

    Market Size in 2028

    USD 35.96 billion

    Market Growth (2023-2028)

    3.42% CAGR

    Base Year of Study

    2022

    Trend Period

    2017-2021

    Forecast Period

    2023-2028

    Market Drivers

    Increasing consumption of bakery, dairy products, and ready-to-eat meals is likely to propel the market growth at a significant rate during the review period.

    • Primarily driven by significant progress in the food & beverage industry across geographies.
    • Some of the commonly used equipment for egg product processing include egg breakers, egg fillers, egg pasteurizers, and egg handling & storage machines.
    • The growing demand for high-quality egg products is expected to create lucrative opportunities for the players operating in the global egg products processing market in the coming years.

    Segment Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Application-Type Analysis

    Bakery, Confectionery, Dairy Products, Ready-To-Eat Meals (RTE), Soups & Sauces, Other

    The bakery segment is projected to register significant progress during the forecast period.

    Regional Analysis

    North America, Europe, Asia-Pacific, and Rest of the World

    North America is projected to grow at a significant CAGR during the forecast period.

    By Application Type

    "The bakery segment accounted for the largest market share in 2022 and is projected to register significant progress during the review period".

    • The market has been bifurcated into the bakery, confectionery, dairy products, ready-to-eat meals (rte), soups & sauces, and others.
    • The segment's progress can be attributed to the increasing consumption of bakery products across the globe.

    Regional Insights

    "The market in North America accounted for the largest market share in 2022 and is projected to grow at a significant CAGR during the assessment period".

    • The regional growth can be attributed to the high demand for egg products in the food & beverage industry. The market in Asia-Pacific is expected to register the fastest progress on account of the rapidly expanding food & beverage industry. China held the largest share of the Asia-Pacific market in 2022.

    Egg-Products-Processing-Market-Regional-Insights

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    Key Players

    The following are the key players in the Egg Products Processing Market (arranged alphabetically).

    • Actini Group (The U.S),
    • Avril Group (France),
    • Bouwhuis Enthoven BV (Netherlands),
    • Cal-Maine Foods, Inc. (The U.S),
    • EUROVO Srl (Italy),
    • lgreca SA (France),
    • lnterovo Egg Group BV (Netherlands),
    • Moba BV (Netherlands),
    • Pelbo Srl (Italy),
    • SANOVO TECHNOLOGY A/S (Denmark).

    Note: The above list does not necessarily include all the top players in the market.

    Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Egg Products Processing Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirements?

    10% free customization

    Research Methodology

    • This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
    • More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
    • We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Report Customization Options

    Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Egg products processing can be defined as a process that involves breaking eggs, filtering, mixing, stabilizing, blending, pasteurizing, cooling, drying, and packaging. Egg products include dried egg products, liquid egg products, and frozen egg products.

    The egg products processing market was estimated at USD 29.28 billion in 2022.

    The egg products processing market is likely to reach USD 35.96 billion in 2028.

    The egg products processing market is likely to grow at a CAGR of 3.42% during 2023-2028.

    The growth of the market is primarily driven by the significant growth of the food & beverage industry across geographies.

    North America is expected to largest share of the market during the assessment period.

    SANOVO TECHNOLOGY A/S (Denmark), Moba BV (Netherlands), lnterovo Egg Group BV (Netherlands), Avril Group (France), Cal-Maine Foods, Inc. (The U.S). EUROVO Srl (Italy), Actini Group (The U.S), Pelbo Srl (Italy), lgreca SA (France), and Bouwhuis Enthoven BV (Netherlands). are the key companies in the market.

    The bakery segment has the largest share of the market during the estimated time.