According to a new report, published by KBV research, The Global Egg Powder Market size is expected to reach $1.2 billion by 2030, rising at a market growth of 5.0% CAGR during the forecast period. In the year 2022, the market attained a volume of 29,143.19 tonnes, experiencing a growth of 4.6% (2019-2022).
The Nutraceutical segment is anticipated to have a CAGR of 4.7% during (2023 - 2030). Egg powder can formulate functional beverages, such as protein drinks and nutritional shakes. Its solubility and ability to blend well with liquids make it suitable for creating beverages with added nutritional value. Egg powder is used in nutraceutical products intended to fulfill the nutritional needs of the senior population. Its nutrient density, including vitamins and minerals, makes it a valuable ingredient in supplements that support bone health, muscle maintenance, and overall vitality.
The Hypermarkets & Supermarkets segment is leading the Global Egg Powder Market, by Distribution Channel in 2022 thereby, achieving a market value of $473.1 Million by 2030. Hypermarkets & supermarkets typically allocate considerable shelf space to various food products, including baking ingredients and pantry staples. The ample shelf space allows egg powder products to be prominently displayed, increasing their visibility among consumers. Hypermarkets & supermarkets frequently conduct promotional activities like discounts, bundle offers, or loyalty programs. These promotions can drive consumer interest and encourage trial purchases of egg powder, leading to increased sales.
The egg yolk powder segment is experiencing a CAGR of 5.5% during (2023 - 2030). Egg yolk contains essential nutrients, including vitamins (A, D, E, and B-complex), minerals (iron, phosphorus, zinc), and healthy fats. Egg yolk powder retains these nutritional benefits, making it a valuable source of bioavailable nutrients in various applications. Egg yolk contains lecithin, a natural emulsifying agent. Egg yolk powder, when reconstituted, retains this emulsifying property, making it valuable in the formulation of dressings, sauces, and emulsified food products. Egg yolk contributes a rich and distinct flavor to food products. With its concentrated form, egg yolk powder enhances recipes' overall taste and mouthfeel, making it desirable in culinary applications.
Full Report: https://www.kbvresearch.com/egg-powder-market/
The Asia Pacific region dominated the Global Egg Powder Market, by Region in 2022 thereby, achieving a market value of $452.3 Million by 2030, growing at a CAGR of 5.4 % during the forecast period. The Europe region would be exhibiting a CAGR of 4.8% during (2023 - 2030). Additionally, The North America region is experiencing a CAGR of 4.4% during (2023 - 2030).
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)