Egg Processing Market by product type (Dried Egg Products, Liquid Egg Products, Frozen Egg Products), End-use Application (Food Processing and Manufacturing, Food Service, Retail), Nature and Region - Global Forecast to 2029
[292 Pages Report] The global egg processing market is expected to reach USD 47.2 billion by 2029, with an estimated value of USD 37.5 billion in 2024, representing a compound annual growth rate (CAGR) of 4.7% from 2024 to 2029. This growth surge is primarily attributed to several key factors such as consumers are increasing awareness of the nutritional value of eggs, rich in protein, vitamins, and essential minerals. This drives the demand for both fresh and processed egg products. The food industry heavily relies on egg products for various applications such as baking, pasta production, sauces, and dressings. The growth of the food industry, particularly in bakery and confectionery segments, directly translates to increased demand for processed eggs. In October 2018, The American Egg Board (AEB) is celebrating World Egg Day by highlighting the egg industry's commitment to "sustainable nutrition." This means providing high-quality protein while minimizing environmental impact. Egg farmers are working to reduce their use of land and water, while also making eggs affordable and accessible to people around the world. Studies have shown that eggs can significantly improve health outcomes in children, especially in areas with limited access to nutritious food.
Additionally, the development of functional egg products presents a significant opportunity for low-cholesterol options for health-conscious individuals, high-protein varieties for fitness enthusiasts, and even allergy-friendly solutions. These cater to niche markets while offering unique functionalities including improved emulsification, gelling, or fortification. Advanced technologies such as freeze-drying and enzyme modification further enhance these properties. While cost and consumer awareness pose challenges, the growth potential is undeniable. By addressing these concerns and leveraging innovation, the egg processing industry can solidify its position in the evolving food landscape.
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Market Dynamics
Drivers:The expansion of the food and beverage industry catalyzes growth in the egg processing market
The expansive functionality of egg products, offering attributes such as whipping, thickening, and emulsification, positions them as invaluable components transcending various food sectors. In the realm of bakery and confectionery, eggs serve multifaceted roles, including binding, providing moisture, and acting as natural leavening, contributing to the structural integrity, texture, and flavors of baked goods. According to the International Pasta Organization Secretariat General c/o Unione Italiana Food (IPO), global past consumption reaching 16 million tons in 2020 signifies a substantial market for eggs as binding ingredients and natural color enhancers. This statistic underscores the widespread adoption of eggs in pasta manufacturing, contributing to the creation of smooth texture and golden appearance in the final product.
The burgeoning food and beverage industry drives the growth of the egg processing market. As restaurants, bakeries, and manufacturers churn out an ever-increasing variety of products, their demand for processed egg ingredients such as liquid eggs, egg whites, and yolks. This surge is driven by several factors including convenience and efficiency in food preparation, consistent quality and functionality in baked goods, and the versatility of eggs in various recipes. Additionally, the rising popularity of convenience food and ready-to-eat meals further fuels the demand for processed eggs, as they offer a pre-measured and easily incorporated ingredient. Furthermore, the growing health consciousness among consumers is driving the demand for egg-based products perceived as natural and protein-rich. Finally, the expansion of the food service industry, with its extensive use of pre-cooked and pre-processed egg products, contributes significantly to the market's growth.
Restraints: Egg price volatility impacts processing costs and consumer confidence
The egg industry is susceptible to price fluctuations due to various factors such as disease outbreaks, changes in consumer demand, and production costs. These variations can have a cascading effect on processing costs and profit margins, creating an environment of uncertainty within the industry.
A comprehensive assessment of the causes of price volatility in the egg commodity value chain provides valuable insights. One primary factor contributing to this volatility is the imbalance between egg production and demand. To address this, efforts should focus on enhancing egg production through initiatives like improving chicken breeds, implementing efficient chicken feed strategies, and introducing insurance schemes to mitigate risks. Furthermore, the high cost of egg production inputs, particularly chicken feeds, plays a role in price fluctuations. Recommendations include increasing the production of raw materials for animal feed, such as maize and soybeans, and ensuring the availability of other essential ingredients like leftover fish, seashells, sunflower cakes, and vitamins.
Opportunities:Cutting-edge technology enhances efficiency and market appeal in egg processing.
The integration of advanced automation technologies in egg production presents a significant opportunity for the industry's growth and efficiency. In Canada, where labor shortages and the transition to cage-free systems are driving forces, investments in automated packing, stacking, and palletization technologies are enhancing operational efficiency and egg quality. For instance, the adoption of automated packing and stacking equipment, such as Damtech's systems, streamlines egg collection and processing, reducing labor-intensive tasks and improving productivity. Additionally, innovations like the Ovoconcept palletizing robot at Rose Valley Colony exemplify how automation can significantly increase efficiency, with the ability to palletize 10,000 eggs in just 30 minutes. These technological advancements not only optimize operations but also improve egg quality and cleanliness, leading to fewer cracked and broken eggs. With potential return on investments as short as four to five years for equipment like the Ovoconcept robot, the adoption of automation offers a promising opportunity for egg processing companies to enhance efficiency, reduce costs, and meet evolving consumer demands.
Challenges: Plant-based egg substitutes challenge traditional egg products in diverse applications.
According to Good Food Institute reports, the rise of plant-based egg alternatives presents a formidable challenge to the egg processing market. In the US alone, retail sales of plant-based egg alternatives soared to USD 255 million in 2022, marking substantial growth. Despite limited per capita consumption data, household penetration of these alternatives hovered around 2% in 2022, with a notable uptick in repeat purchases, indicating increasing adoption. Unit sales of plant-based eggs in the US have surged by a factor of 7 since 2019, signaling a significant uptick in consumption trends. This growing popularity of plant-based alternatives, driven by factors such as health consciousness and dietary preferences, directly competes with processed egg products in various food applications, posing a significant challenge to the traditional egg processing industry.
Market Ecosystem
Dietary Supplements are One of the Fastest Growing Food Processing and Manufacturing End-Use Application Segments During the Forecast Period
Processed egg products such as powders are increasingly being used in dietary supplements due to their rich nutritional profile and potential health benefits. According to the article provided by EurekAlert in September 2022, Malnutrition affects millions, especially children, in Africa. Egg powder could be a powerful tool to combat malnutrition in children, especially in areas where fresh eggs are scarce. While it lacks some essential fatty acids compared to fresh eggs, it packs a punch of vitamins, amino acids, and trace elements. Plus, it boasts a long shelf life, easy transport, and simple preparation, making it ideal for distribution in deprived areas. A study by the Leibniz Institute for Food Systems Biology confirms its potential, showing that adding egg powder equivalent to one egg daily can significantly reduce underweight and stunting in children. This research highlights the potential of egg powder as a readily available and effective dietary supplement for tackling malnutrition in vulnerable populations.
China is One of the Fastest Growing Markets for Egg Processing In Asia Pacific
According to the Food and Agriculture Organization (FAO), China is the world's largest egg producer, it's estimated that China produces over 34% of the world's eggs, with a total production of around 30 million tons in 2020. Over 95% of their eggs are consumed directly as fresh table eggs. The rapid growth of China's egg processing industry is expected to continue in the coming years. This growth is driven by the factors of rising urbanization, busy lifestyles, increasing disposable incomes, and growing demand for processed egg products.
The Chinese government is also supporting the growth of the egg processing sector, by providing subsidies and investing in research and development. This is expected to further boost the sector's growth in the coming years. In 2023, the Ministry of Agriculture and Rural Affairs (MOA) allocated 160 million yuan (approximately $23.7 million) to support 18 egg processing demonstration projects across China. These projects aim to promote advanced technologies and equipment, improve processing efficiency, and develop new value-added products.
Key Market Players
The key players in this market include Cal-Maine Foods, Inc. (US), Rose Acre Farms (US), Ovobel Foods Limited (India), SKMEgg.com (India), Rembrandt Foods (US), IGRECA (France), Eurovo Srl (Italy), Hillandale Farms (US), Avril SCA (France), and Interovo Egg Group BV (Netherlands).
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Report Metric |
Details |
Market size estimation |
2024–2029 |
Base year considered |
2023 |
Forecast period considered |
2024–2029 |
Units considered |
Value (USD) |
Segments covered |
By Product Type, End-Use Application, Nature, and Region |
Regions covered |
North America, Europe, Asia Pacific, South America, and RoW |
Companies studied |
|
Egg Processing Market Report Scope:
This research report categorizes the egg processing market, based on offering, product type, end-use application, nature, and region.
By Product Type
- Dried Egg Products
- Liquid Egg Products
- Frozen Egg Products
By End-Use Application
-
Food Processing and Manufacturing
- Processed Foods and Ready Meals
- Bakery and Confectionary
- Dietary Supplements
- Others (Dairy Alternatives, Baby Food, Pet Food, Etc. )
- Food Service
- Retail
By Nature
- Organic Egg Products
- Inorganic Egg Products
By Region:
- North America
- Europe
- Asia Pacific
- South America
- Rest of the World (RoW)
Target Audience
- Egg Processing manufacturers, companies, and producers
- Egg Processing traders, suppliers, distributors, importers, and exporters
- Government Agricultural Authorities
- Egg Processing manufacturers
-
Commercial research & development (R&D) organizations and financial institutions
- Government agricultural departments and regulatory bodies such as the US Department of Agriculture (USDA), Food and Drug Administration (FDA), European Food Safety Authority (EFSA), United Egg Producers (UEP), The Canadian Food Inspection Agency (CFIA), Environmental Protection Agency (EPA).
Recent Developments
- In November 2023, Rose Acre Farms recently unveiled a groundbreaking initiative in collaboration with Tideland Electric Membership Corp, establishing a cutting-edge microgrid at their Hyde County facility. Incorporating advanced solar technology and battery energy storage systems, this innovative project ensures an uninterrupted power supply, reinforcing its position as a leading player in the egg processing market.
- In February 2023, Wabash Valley unveiled plans for a USD 63 million expansion in Dubois County, Indiana, aimed at constructing a new facility for processing egg patties, scrambled eggs, and other value-added Egg Products. This strategic move is set to generate 31 new employment opportunities while substantially bolstering production capacity.
- In January 2023, Cal-Maine Foods has recently partnered with Entegrity Energy Partners to enhance sustainability in their egg processing operations. A 4.15-megawatt solar array will be installed at their Searcy, Arkansas facility, covering 28 acres and projected to offset 91% of the facility's current electrical consumption, underscoring their commitment to environmentally friendly egg processing practices.
- In September 2020, Bouwhuis Enthoven introduced Eggxellent, a breakthrough protein innovation for high-protein snacks. Their egg white-based ingredients, EPI90 and EPC80, address challenges like texture and shelf-life in bars. With high protein content and neutral taste, they meet demand in the active nutrition sector, enhancing taste and functionality.
Frequently Asked Questions (FAQ):
What is the current size of the egg processing market?
The egg processing market is projected to grow from USD 37.5 Billion in 2024 to USD 47.2 Billion by 2029, at a CAGR of 4.7% during the forecast period.
Which are the key players in the market, and how intense is the competition?
The key players in this market include Cal-Maine Foods, Inc. (US), Rose Acre Farms (US), Ovobelfoods.com (India), SKMEgg.com (India), Rembrandt Foods (US), IGRECA (France), Eurovo Srl (Italy), Hillandale Farms (US), Avril SCA (France), and Interovo Egg Group BV (Netherlands)
The egg processing market witnesses increased scope for growth. The market is seeing an increase in the number of mergers and acquisitions, expansions, and new product launches. Moreover, the companies involved in the production of egg processing are investing a considerable proportion of their revenues in research and development activities.
Which region is projected to account for the largest share of the egg processing market?
The market is expected to grow in North America and is expected to dominate during the forecast period. It is attributed to the region's robust infrastructure, evolving consumer preferences, and an initiative-taking emphasis on innovation and quality standards within the industry.
Which are the major egg processing product types considered in the study and which segments are projected to be dominant?
All the major product types of egg processing include liquid egg products, dried egg products, and frozen egg products. Liquid egg products are expected to emerge as the primary category of egg processing.
What kind of information is provided in the competitive landscape section?
The company profiles mentioned above offer valuable information such as a comprehensive business overview, including details on the company's various business segments, financial performance, geographical reach, revenue composition, and the breakdown of their business revenue. Additionally, these profiles offer insights into the company's product offerings, significant milestones, and expert analyst perspectives to further explain the company's potential. .
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
The study involved four major activities in estimating the current size of the egg processing market. Exhaustive secondary research was done to collect information on the market, peer, and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
This research study involved the extensive use of secondary sources—directories and databases such as Bloomberg Businessweek and Factiva—to identify and collect information useful for a technical, market-oriented, and commercial study of the egg processing market.
In the secondary research process, various sources such as annual reports, press releases & investor presentations of companies, white papers, food journals, certified publications, articles from recognized authors, gold & silver standard websites, directories, and databases, were referred to identify and collect information. This research study involved the extensive use of secondary sources—directories and databases such as Bloomberg Businessweek and Factiva—to identify and collect information useful for a technical, market-oriented, and commercial study of the egg processing market.
Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, and market classification and segmentation as per the industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.
Primary Research
Extensive primary research was conducted after obtaining information regarding the egg processing market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific, South America, and the Rest of the World. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors, from business development, marketing, research, and development teams, and related key executives from distributors, and key opinion leaders. Primary interviews were conducted to gather insights such as market statistics, data on revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to egg processing, product type, end-use application, nature, and region. Stakeholders from the demand side, such as companies who are using processed eggs were interviewed to understand the buyer’s perspective on the suppliers, products, and their current usage of egg processing and the outlook of their business which will affect the overall market.
To know about the assumptions considered for the study, download the pdf brochure
COMPANY NAME |
designation |
Cal-Maine Foods, Inc. |
Sales Manager |
Rose Acre Farms |
General Manager |
Ovobel Foods.com |
Manager |
SKMEgg.com |
Head of egg processing solutions |
Inteovo Egg Group BV |
Marketing Manager |
IGRECA |
Sales Executive |
Wabash Valley |
Head - Research & Development |
Rembrandt Foods |
Manager |
Avril SCA |
R&D, QC, and production Expert |
Eurovo S.C.L |
Senior Engineering Manager |
Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the egg processing market. These approaches were also used extensively to determine the size of various subsegments in the market. The research methodology used to estimate the market size includes the following details:
- The key players in the industry and the overall markets were identified through extensive secondary research.
- All shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
- All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.
- The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from leaders, such as CEOs, directors, and marketing executives.
Global Egg Processing Market: Bottom-Up Approach
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Global Egg Processing Market: Top-Down Approach
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. Data triangulation and market breakdown procedures were employed to estimate the egg processing market and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying numerous factors and trends from the demand and supply sides. The market size was also validated using both the top-down and bottom-up approaches.
Market Definition
According to the United States Department of Agriculture (USDA), egg processing refers to a series of mechanical, thermal, and chemical treatments that eggs undergo to meet specific quality, safety, and market requirements. The process involves cleaning, sorting, packaging, and sometimes cooking or pasteurizing eggs for various applications. The scope of the project primarily focuses on the market evaluation of processed eggs, including dried eggs, liquid eggs, and frozen eggs.
Key Stakeholders
- Egg producers and suppliers
- Egg product suppliers and manufacturers
- Egg processing equipment manufacturers
- Food service companies
- Food safety agencies
- Importers and exporters of egg products
- Intermediary suppliers, which include traders and distributors of egg processing products.
- Government and research organizations
-
Associations and industry bodies:
- Food and Drug Administration (FDA)
- European Food Safety Authority (EFSA)
- Animal Welfare Organizations
- United Egg Producers (UEP)
- United States Department of Agriculture (USDA), The Food Safety and Inspection Service (FSIS)
- The Canadian Food Inspection Agency (CFIA)
- Environmental Protection Agency (EPA)
- Directorate-General for Health and Food Safety (DG SANTE)
- The Occupational Safety and Health Administration (OSHA)
- Ministry of Agriculture or Department of Animal Husbandry
- The Department of Animal Husbandry and Dairying (DAHD)
- The Food Safety and Standards Authority of India (FSSAI)
Report Objectives
- To determine and project the size of the egg processing market concerning the product type, end-use application, nature, and region in terms of value and volume over five years, ranging from 2023 to 2028.
- To identify the attractive opportunities in the market by determining the largest and fastest-growing segments across regions.
- To provide detailed information about the key factors influencing market growth (drivers, restraints, opportunities, and challenges).
- To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders.
- To analyze the micro-markets with respect to individual growth trends, prospects, and their contribution to the total market.
- To identify and profile the key players in the egg processing market.
- To understand the competitive landscape and identify the major growth strategies adopted by players across the key regions.
- To provide insights on key product innovations and investments in the egg processing market.
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
The following customization options are available for the report:
Product Analysis
- Product Matrix, which gives a detailed comparison of the product portfolio of each company.
Geographic Analysis
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
- Further breakdown of the Rest of Europe’s market for egg processing into Denmark, Poland, Norway, Ireland, and Belgium.
- Further breakdown of the Rest of Asia Pacific market for egg processing into Taiwan, Malaysia, Singapore, and Indonesia.
- Further breakdown of the Rest of South America market for egg processing into Colombia, Peru, and Chile.
- Further breakdown of the Rest of the World market for egg processing into Africa (South Africa, Nigeria, Gambia, and Guinea) and the Middle East (UAE, Iran, Kuwait, Egypt, and Saudi Arabia).
Company Information
- Detailed analyses and profiling of additional market players (up to five)
Growth opportunities and latent adjacency in Egg Processing Market