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Egg Processing Market worth 29.20 Billion USD by 2020
The report “Egg Processing Market by Product Type (Dried, Liquid, Frozen), Application (Bakery, Confectionery, Dairy Products, Ready-to-Eat, Soups & Sauces, and Others), & by Region - Global Forecasts to 2020” defines and segments egg processing market with analyses and projections of the market size in terms of value and volume. It also identifies the driving and restraining factors of the market with analyses of the trends, opportunities, restraints, and challenges. The size of the market in key regions North America, Europe, Asia-Pacific, Latin America, Africa, and the Rest of the World (RoW) has been estimated and projected.
Browse 83 market data tables and 56 figures spread through 139 pages and in-depth TOC on “Egg Processing Market by Product Type (Dried, Liquid, Frozen), Application (Bakery, Confectionery, Dairy Products, Ready-to-Eat, Soups & Sauces, and Others), & by Region - Global Forecasts to 2020”
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The processing of eggs is done in two ways: in-line processing and off-line processing. In-line processing means the processing of egg products is done within the production facility. Off-line processing is when the egg processing facility is situated elsewhere from the production facility. Processed egg products are broadly categorized into liquid egg products, dried egg products, and frozen egg products. Processed egg products find applications in various industries such as bakery, confectionery, ready-to-eat meals (RTE), soups & sauces, and dairy products. With a huge market potential and the growing consumer preference, the market is likely to witness considerable growth in the future.
The egg processing market is expected to witness significant growth between 2015 and 2020 due to the demand for bakery, confectionery, convenience & ready-to-eat food products, dairy products, and others, which are on a constant rise. The growth of the egg processing market is also driven by the growing demand for processed egg products in developing countries. Production and export of egg products is an attractive investment for a number of exporters in various countries. However, food safety regulations implemented by governments are restraining the growth of this market. The manufacturers are keen on developing technologies that would process egg products with minimal wastage.
This report includes revenue forecasts, market trends, and opportunities in the egg processing market from 2015 to 2020, along with an overview of the competitive landscape for the given forecast period. The analysis is conducted on various market segments derived on the basis of application, product type, and egg type. On the basis of applications, this market is segmented into bakery, confectionery, dairy products, ready-to-eat, soups & sauces, and others. On the basis of product type, it is segmented into dried, liquid, and frozen egg products. The report also includes the key market drivers and inhibitors, along with their impacts provided in detail.
The egg processing market is projected to reach USD 29.20 Billion by 2020, growing at a CAGR of 3.6% from 2015 to 2020. The demand for egg products is growing rapidly in developing countries such as China and India. Production and export of egg products have been highly attractive investments for a number of exporters in various countries. However, the food safety regulations implemented by governments are restraining the growth of the market. The economic development in the developing countries and technological advancements are driving the egg processing market. The developing countries are investing on new advanced egg processing equipment to increase productivity in less time.
This report includes profiles and competitive positions of the top market players in the business, such as vril SCA (France), Cal-Maine Foods, Inc. (U.S.), Eurovo S.R.L. (Italy), Sanovo Technology Group (Denmark), Moba B.V. (The Netherlands), and Actini Group (France). Apart from the financial information, insights about the competitive position of these companies and their recent developments and strategies are also included.
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