Egg Processing Industry

According to a research report "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" published by MarketsandMarkets, the global egg processing industry, valued at USD 37.5 Billion in 2024, highlights a remarkable growth projection, anticipated to escalate to USD 47.2 Billion by 2029, indicating a robust compound annual growth rate (CAGR) of 4.7% during the forecast period.  According to the United States Department of Agriculture (USDA) report of egg product export information in 2022, The high export value of USD 718.92 million in 2022 and the diversity of top export markets such as Canada, Mexico, and South Korea indicate a strong international demand for processed egg products. This shows that the processing market is expanding to meet this demand, potentially driven by factors like convenience, longer shelf life, and safety assurances offered by processed products. Additionally, the USDA's resources offering guidance and market reports suggest proactive support for the industry, potentially fostering innovation and expansion into new markets, further contributing to the growth of the egg processing market.

Browse 315 market data Tables and 66 Figures spread through 292 Pages and in-depth TOC on "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"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/egg-processing-equipment-market-124810046.html

The organic egg products segment is the fastest-growing market in the upcoming forecast period.

The demand for organic egg products is on the rise, driven by consumer trends favoring perceived health benefits, food safety concerns, animal welfare considerations, and environmental sustainability. According to the United Egg Producers, organic and cage-free shell egg production has increased from 29.3% (96.1 million hens) in 2021 to 34% (106.2 million hens) in 2022 to meet the consumers are concerned about the welfare of animals raised for food production, and organic certification ensures that hens have access to outdoor space and are not given antibiotics or growth hormones.

According to the blog provided by the Egg Carton Store Blog in September 2023, organic egg products are experiencing a surge, driven by health-conscious consumers seeking high-quality, ethical food. Consumers are willing to pay more for organic eggs due to concerns about food quality and production methods. Rising disposable incomes, increased availability, and effective marketing further fuel demand. For instance, EIPRO-Vermarktung GmbH & Co. KG (Germany) offers a variety of organic egg products, including whole egg, egg yolk, egg white, and liquid and frozen egg alternatives. Their organic egg products are pasteurized for safety and come in a variety of packaging options.

Europe accounts second dominant position within the egg processing market throughout the forecast period.

According to the European Commission in 2023, the European Union (EU) has over 350 million laying hens, producing nearly 6.7 million tons of eggs annually. France, Germany, Spain, and Italy are the top producers, accounting for more than half the EU's production. Processed egg products are becoming increasingly popular in Europe, driven by growing consumer concerns about animal welfare and environmental impact are pushing egg processors to adopt more sustainable practices, such as sourcing eggs from cage-free hens and using recyclable packaging. However, adapting to evolving consumer preferences and addressing welfare concerns are the major factors contributing to the growth of the market.

According to the European Union in 2022, an estimated 2 million tons of eggs will be used for the egg processing industry. These products offer convenience, extended shelf life, and consistent quality, making them popular in foodservice, bakeries, and manufacturing industries. Additionally, innovation in processing technologies and product development will be crucial for the industry to adapt to changing consumer preferences and market dynamics. Major players in the European egg processing market include Interovo Egg Group BV (Netherlands), IGRECA (France), Eurovo Srl (Italy), and Avril SCA (France). The market is highly fragmented, with the presence of many regional players, and key players require high R&D investments to cater to changing consumer demands.

Prominent industry players, including Cal-Maine Foods, Inc. (US), Rose Acre Farms (US), Ovobel Foods Limited (India), SKMEgg.com (India), Interovo Egg Group BV (Netherlands), IGRECA (France), Eurovo Srl (Italy), Avril SCA (France), Rembrandt Foods (US), and Hillandale Farms (US), wield substantial influence in the egg processing market. These entities boast robust manufacturing facilities and well-established distribution networks across pivotal regions such as North America, Europe, South America, and the Asia Pacific, ensuring a widespread presence and accessibility of their products.

Don’t miss out on business opportunities in Egg Processing Industry. Speak to our analyst and gain crucial market insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]