Egg Processing Market

Global Egg Processing Market Size, Share & Trends Analysis Report By Nature, By Product (Liquid Egg Products, Dried Egg Products, and Frozen Egg Products), By End-Use, By Regional Outlook and Forecast, 2024 - 2031

Report Id: KBV-21805 Publication Date: April-2024 Number of Pages: 409
2023
USD 35.8 Billion
2031
USD 52 Billion
CAGR
4.9%
Historical Data
2020 to 2022

Market Report Description

The Global Egg Processing Market size is expected to reach $52 billion by 2031, rising at a market growth of 4.9% CAGR during the forecast period. In the year 2023, the market attained a volume of 5,587.2 kilo tonnes, experiencing a growth of 13.1% (2020-2023).

Eggs play a crucial role in baking, providing structure, moisture, leavening, and richness to baked goods such as cakes, cookies, pastries, and bread. Thus, the bakery & confectionery segment acquired $4,822.8 million revenue in 2023.  Also, the US market consumed 196.6 kilo tonnes of eggs in bakery & confectionery segment in 2023. Their unique protein composition enables them to bind ingredients and trap air during baking, resulting in desirable textures and crumb structures.

Egg Processing Market Size - Global Opportunities and Trends Analysis Report 2020-2031

Processed egg products offer convenience to consumers by eliminating the need to crack and separate eggs, saving time and effort in meal preparation. Pre-cooked egg products such as boiled eggs and omelet slices are convenient for ready-to-eat meals and food service applications. Hence, increasing demand for processed egg products drives the market's growth.

Additionally, With the expansion of the global processed food industry, there’s an increasing demand for innovative and diverse food products. In conclusion, the expansion of the global food processing industry is propelling the market's growth.

However, Egg production is subject to seasonal fluctuations influenced by temperature, daylight hours, and bird physiology. Inconsistent egg quality can pose challenges for egg processing companies in maintaining product consistency, meeting quality standards, and ensuring customer satisfaction. Hence, seasonal variability in egg production is hampering the market's growth.

Driving and Restraining Factors
Egg Processing Market
  • Increasing demand for processed egg products
  • Rising demand for healthier food options
  • Expansion of the global processed food industry
  • Seasonal variability in egg production
  • Increasing health concerns upon egg consumption
  • Technological advancements in processing methods
  • Expansion into the pet food industry
  • Increasing competition from substitute products
  • Environmental concerns and sustainability issues

By Nature Analysis

Based on nature, the market is categorized into organic egg products and inorganic egg products. The inorganic egg products segment procured 74.1% revenue share in the market in 2023. In terms of volume, the inorganic egg products segment would consume 7,378.3 kilo tonnes of eggs by 2031. Inorganic egg products are typically more widely available and accessible.

By Product Analysis

Based on product, the market is divided into dried egg products, liquid egg products, and frozen egg products. The dried egg products segment attained a 38% revenue share in the market in 2023. In terms of volume, the dried egg products segment would consume 2,535.4 kilo tonnes of eggs by 2031. Dried egg products have a significantly longer shelf life, making them an attractive option for consumers and food manufacturers.

Egg Processing Market Share and Industry Analysis Report 2023

By End-Use Analysis

On the basis of end-use, the market is segmented into food processing & manufacturing, food service, and retail. In 2023, the food processing & manufacturing segment recorded the maximum 44% revenue share in the market. In terms of volume, the food processing & manufacturing segment would consume 4,161.7 kilo tonnes of eggs by 2031. Eggs are incredibly versatile ingredients that can be used in a wide range of food products across the food processing industry.

By Food Processing & Manufacturing Analysis

The food processing & manufacturing segment is further subdivided into processed foods & ready meals, bakery & confectionery, dietary supplements, and others.  In 2023, the processed foods & ready meals segment acquired 18% revenue share in the market. In terms of volume, the processed foods & ready meals segment would consume 1,682.4 kilo tonnes of eggs by 2031. Eggs contribute to the texture, flavor, and sensory appeal of processed foods and ready meals.

Free Valuable Insights: Global Egg Processing Market size to reach USD 52 Billion by 2031

By Regional Analysis

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America region gained 34% revenue share in the market in 2023. In terms of volume, North America region would consume 3,016.0 kilo tonnes of eggs by 2031. North America has a large population that consumes significantly more eggs and egg-based products.

Egg Processing Market Report Coverage
Report Attribute Details
Market size value in 2023 USD 35.8 Billion
Market size forecast in 2031 USD 52 Billion
Base Year 2023
Historical Period 2020 to 2022
Forecast Period 2024 to 2031
Revenue Growth Rate CAGR of 4.9% from 2024 to 2031
Quantitative Data Volume in Kilo Tonnes, Revenue in USD Billion, and CAGR from 2020 to 2031
Number of Pages 409
Number of Tables 870
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives
Segments covered Nature, Product, End-Use, Region
Country scope
  • North America (US, Canada, Mexico, and Rest of North America)
  • Europe (Germany, UK, France, Russia, Spain, Italy, and Rest of Europe)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific)
  • LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA)
Companies Included Rose Acre Farms, Inc., Interovo Egg Group BV, Igreca SAS, Wabash Valley Produce, Rembrandt Enterprises, Inc., Avril Group, Eurovo Srl, Bouwhuis Enthoven BV, Kewpie Corporation, Taiyo International (Taiyo Kagaku Corporation)
Need a report that reflects how COVID-19 has impacted this market and its growth? Download Free Sample Now

List of Key Companies Profiled

  • Rose Acre Farms, Inc.
  • Interovo Egg Group BV
  • Igreca SAS
  • Wabash Valley Produce
  • Rembrandt Enterprises, Inc.
  • Avril Group
  • Eurovo Srl
  • Bouwhuis Enthoven BV
  • Kewpie Corporation
  • Taiyo International (Taiyo Kagaku Corporation)

Egg Processing Market Report Segmentation

By Nature (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • Inorganic Egg Products
  • Organic Egg Products

By Product (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • Liquid Egg Products
  • Dried Egg Products
  • Frozen Egg Products

By End-Use (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • Food Processing & Manufacturing
    • Processed Foods & Ready Meals
    • Bakery & Confectionary
    • Dietary Supplements
    • Others
  • Food Service
  • Retail

By Geography (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Frequently Asked Questions About This Report

This Market size is expected to reach $52 billion by 2031.

Increasing demand for processed egg products are driving the Market in coming years, however, Seasonal variability in egg production restraints the growth of the Market.

Rose Acre Farms, Inc., Interovo Egg Group BV, Igreca SAS, Wabash Valley Produce, Rembrandt Enterprises, Inc., Avril Group, Eurovo Srl, Bouwhuis Enthoven BV, Kewpie Corporation, Taiyo International (Taiyo Kagaku Corporation)

In the year 2023, the market attained a volume of 5,587.2 kilo tonnes, experiencing a growth of 13.1% (2020-2023).

The Liquid Egg Products segment is leading the Market by Product in 2023; there by, achieving a market value of $21.6 billion by 2031.

The North America region dominated the Market by Region in 2023, and would continue to be a dominant market till 2031; there by, achieving a market value of $17.2 billion by 2031.

HAVE A QUESTION?

HAVE A QUESTION?

Call: +1(646) 600-5072

SPECIAL PRICING & DISCOUNTS


  • Buy Sections of This Report
  • Buy Country Level Reports
  • Request for Historical Data
  • Discounts Available for Start-Ups & Universities

Unique Offerings Unique Offerings


  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Support with 10% customization free after sale

Trusted by over
5000+ clients

Our team of dedicated experts can provide you with attractive expansion opportunities for your business.

Client Logo