Egg powder is a derivative of the raw egg manufactured from dehydrating or spray-drying methods. This process of making egg powder improves the shelf life of food products. The market for egg powder food is likely to expand by exhibiting a CAGR of 4.78% to reach a valuation of USD 1,395.5 million during the forecast period from 2019 to 2024. The increasing consumption of eggs-based food products for their nutritional content, especially in the developing countries, is a key factor driving growth of the global Egg Powder Food Market Size.

Powdered egg or egg white and egg yolk, which offer advantages of avoiding the tedious process of separating the yolk and white. This provides the comfort to be used across several food products and especially in the bakery and confectionery, which is boosting demands for the egg powders. Additionally, raising awareness about the health and consumption of nutritious food is augmenting demand for the egg powder foods and in turn, drive growth of the global Egg Powder Food Market.

The inclination toward the bakery and confectionery products is fueling growth of the global Egg Powder Food Market Size. However, the risks of egg allergies are leading to increasing desire toward fresh eggs are restraining growth of the global Egg Powder Food Market. Nonetheless, growing inclination toward healthy food products among consumers and the adoption of nutritional food products is likely to offer several growth opportunities in the coming future.

The adoption of attractive and innovative marketing strategies for improving penetration of egg powder foods is likely to benefit the market. In addition to this, government support through the implication of several policies supporting the penetration of egg powder is estimated to act in favor of market growth.

Competitive Analysis:

The prominent players operating in the global Egg Powder Food Market Size include Adariaan Goede BV, Ovostar Union N.V., Rose Acre Farms, Inc., Eierhandel Wulro B.V., kewpie Corp., and Rembrandt Enterprises, Inc., and Agroholding Avangard.

Segmentation:

The Egg Powder Food Market is segmented based on type, application, and region.

In terms of type, the global Egg Powder Food Market Size is categorized into egg white powder, egg yolk powder, and others. Based on the application, the market is segmented into food beverages, personal care, and others.

Regional Analysis:

Based on the region, the market is segmented into Europe, North America, Asia Pacific, and the Rest of the World. Of these, Europe held the lion’s share in the global Egg Powder Food Market of about 38.3% in 2018 owing to the massive demand for the egg powder in the catering industry in the region. Additionally, advancements in the food processing industry for enhancing the shelf life of food products coupled with high production of egg products are aiding growth of the global Egg Powder Food Market Size. The huge demand and imports of eggs and egg-based products especially from Spain, France, Italy, and Poland.

However, Asia Pacific is estimated to expand by exhibiting the fastest CAGR during the forecast period due to the increasing consumption of egg-based food coupled with a higher number of poultries in the region. Furthermore, surge in the adoption of egg-based products is likely to offer opportunities for growth of market in the coming years.

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Industry News:

From August 2019, Taiwan changed its regulations over importing egg and egg-related products. Under this changed regulation, the imported eggs, and eggs-based products in Taiwan without food safety certifications in August. The requirement for a permit has been imposed over imports of fresh eggs, liquid egg whites, whole egg liquid, liquid egg yolk, egg white powder, and yolk powder. Also, under the new regulations, the first-time importers will have to plants inspected by the FDA to ensure its sanitary standards.

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