The Asia Pacific Egg Powder Market would witness market growth of 5.4% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 10,635.46 tonnes, showcasing a growth of 4.9% (2019-2022).
The nutritional profile of egg powder, rich in high-quality protein and essential amino acids, has become a significant driver of its adoption. With an increased emphasis on health and wellness, people are searching for products that provide nutritional benefits. Egg powder, as a natural source of protein, aligns with these health-conscious preferences, contributing to its increasing popularity in the market. Egg powder is a key ingredient in cakes and pastries, providing structure, moisture, and aeration. Its ability to enhance texture and contribute to browning makes egg powder valuable in cookie and biscuit formulations. Egg powder is used in the savory food business to enhance the texture and consistency of soups and sauces. It is a common ingredient in preparing ready-to-eat meals, contributing to flavor and nutritional content.
Egg powder is crucial in pasta and noodle production, providing the desired firmness, elasticity, and texture. As a rich source of high-quality protein, egg powder is a fundamental ingredient in the production of protein supplements for fitness enthusiasts and individuals seeking nutritional support. To enhance their nutritional content, egg powder is incorporated into various fortified foods, including nutritional bars and shakes. Due to its binding properties, egg powder is used in the pharmaceutical sector to produce tablets and capsules. In the cosmetic industry, egg powder is utilized in skincare formulations for its skin-conditioning and moisturizing properties.
The Asia Pacific pharmaceutical industry may witness an increased demand for medical nutrition products. Pharmaceutical companies in the Asia Pacific region can leverage these properties to develop novel drug formulations, including sustained-release and targeted delivery systems. Egg powder’s nutritional profile, including essential nutrients for growth and development, makes it suitable for pediatric formulations in the Asia Pacific. Therefore, due to the above-mentioned factors, the egg powder market will grow significantly in this region.
The China market dominated the Asia Pacific Egg Powder Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $125.5 Million by 2030. The Japan market is registering a CAGR of 4.8% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 6.1% during (2023 - 2030).
Free Valuable Insights: The Global Egg Powder Market is Predict to reach $1.2 Billion by 2030, at a CAGR of 5.0%
Based on End User, the market is segmented into Food & Beverage, Nutraceutical, Animal Feed, Pharmaceutical and Personal Care & Cosmetics. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Business to Business, Specialty Stores, and Online Sales Channel. Based on Type, the market is segmented into Whole Egg Powder, Egg Albumen Powder and Egg Yolk Powder. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By End User (Volume, Tonnes, USD Billion, 2019-2030)
By Distribution Channel (Volume, Tonnes, USD Billion, 2019-2030)
By Type (Volume, Tonnes, USD Billion, 2019-2030)
By Country (Volume, Tonnes, USD Billion, 2019-2030)
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