Published Date: 14-May-2020
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According to a new report Global Egg Protein Market, published by KBV research, The Global Egg Protein Market size is expected to reach $35.7 billion by 2026, rising at a market growth of 6.1% CAGR during the forecast period.
Based on type, the white egg powder segment in 2019 represented the largest share of the world market. While the market for nutritious items grew coupled with a high level of desire for protein-rich foods, egg white protein powder has been the most favored alternative for protein among consumers. The market in yolk powder is expected to rise at the highest level during CAGR during the forecast period because of the increasing demand for the consumer's egg yolk protein powder to gain weight.
The food & beverage segment has dominated the industry, which represents about half the share on the egg protein industry in 2019, and is projected to lead the egg protein market over the forecast period. In the food, beverage and beverage sectors, egg protein is used for foaming, thickening, gelling, texturizing, and emulsifying.
The powder segment held a larger share of the global market in 2019. Because of the longer shelf-life and better handling properties, the most preferred form of egg protein ingredients in a wide range of applications such as nutrition, food & beverage, feed, and personal care. Nevertheless, due to an increase in the application of liquid egg proteins in various food preparations, the liquid segment is expected to account for a higher growth rate.
Regional wise, in 2019 Europe was the prominent market that accounted for the maximum share of the egg protein market. However, due to the development of the food & beverage industry and increased awareness among consumers about nutritional supplements, Asia-Pacific is anticipated to witness the highest CAGR.
Structural Insights: https://www.kbvresearch.com/egg-protein-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Kewpie Corporation, Merck Group (Sigma Aldrich), Rose Acre Farms, Inc., Rembrandt Enterprises, Inc., Eurovo Group, Sanovo Technology Group (Thornico A/S), Bouwhuis Enthoven BV, Interovo Egg Group BV, Igreca SAS, NOW Foods, Inc.
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