Egg Processing Market

Leading Companies in Egg Processing Industry - Cal-Maine Foods, Inc. (US), Rose Acre Farms (US) and SKMEgg.com (India)

The egg processing industry, currently valued at USD 37.5 Billion in 2024 and poised to achieve a 4.7% CAGR, reaching USD 47.2 Billion by 2029, is experiencing transformative shifts towards sustainable eco-friendly practices. Exploring sustainable feed sources such as insect-based protein and algae reduces environmental impact and caters to ethical concerns, attracting new customers. Waste reduction technologies minimize costs and create valuable resources from "waste," offering differentiation and market advantages. Switching to renewable energy sources such as solar power reduces dependence on fossil fuels, lowering energy costs and improving profit margins. These practices not only benefit the environment and consumers, but also lead to cost savings, resource efficiency, market growth, and long-term success for the egg processing industry.

The egg processing industry is experiencing significant growth, driven by several factors such as rising awareness of protein-rich diets, growth in the foodservice industry, and Improved processing technologies. The growing popularity of high-protein diets and ketogenic diets has increased demand for egg whites, which are a concentrated source of protein with very little fat. Additionally, improvements in processing techniques such as pasteurization and spray drying enhance shelf life and safety, making egg products more accessible and appealing to a wider audience. This creates a lucrative market with immense potential for growth and innovation.

The industry is constantly developing new and innovative egg-based products, such as functional egg whites enriched with vitamins and minerals, or egg-based spreads and dips. These products cater to specific consumer needs and preferences, further driving growth. For instance, in September 2022, 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.

Regionally, the market is predominantly steered by key manufacturers situated in North America, Europe, Asia Pacific, and South America. Companies such as Cal-Maine Foods (US), Rose Acre Farms (US), Ovobel Foods Limited (India), and IGRECA (France) have been proactively engaging in strategic alliances and innovative product development. This approach is not only solidifying their market presence but also signaling the industry's continual evolution towards more sustainable and efficient industry practices.

Cal-Maine Foods, Inc.

Cal-Maine Foods, Inc. is the foremost provider and distributor of shell eggs across the United States. Operating within a single segment, the company manages the entire lifecycle of shell egg production, encompassing grading, packaging, marketing, and distribution, with seamless integration of egg processing. Their primary emphasis remains on shell eggs, supported by a suite of certifications ensuring adherence to quality and ethical standards. These certifications encompass United Egg Producers (UEP) Certified, American Humane Certified, SQF Food Safety and Quality Program, and HACCP (Hazard Analysis and Critical Control Point), affirming rigorous food safety, quality control, and animal welfare practices. Cal-Maine Foods dominates the market as the largest fresh shell egg producer and distributor in the United States, with a strong presence in the southwestern, southeastern, mid-western, and mid-Atlantic regions.

In January 2023 Cal-Maine Foods has 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.

Rose Acre Farms

Operating across seven states in the United States, Rose Acre Farms extends its reach through joint ventures in Colorado and Hawaii. Their operations span egg production, providing a diverse array of shell eggs, including cage-free and specialty varieties. Additionally, they engage in egg processing, offering liquid, pasteurized, and dried products to meet various consumer needs. Committed to ethical practices, Rose Acre Farms is certified by United Egg Producers and American Humane, ensuring the humane treatment of hens. Their dedication to food safety is evident through certifications like SQF and HACCP, underscoring their commitment to delivering high-quality products to consumers.

In November 2023,  Rose Acre Farms introduced a pioneering venture in partnership with Tideland Electric Membership Corp, unveiling a state-of-the-art microgrid at their Hyde County facility. This initiative integrates cutting-edge solar technology and battery energy storage systems to guarantee a continuous power supply, solidifying its status as a key player in the egg processing market.

SKMEgg.com

Since its inception in 1996, SKMEgg.com, also known as SKM Egg Products, has emerged as a trailblazer in the egg processing sector, boasting a cutting-edge production facility that adheres to global standards. With a remarkable daily processing capacity of 1.8 million eggs and an annual output of 6500 tonnes of egg powder, SKM stands out as one of Asia's largest egg processing plants. The company's unwavering commitment to excellence is demonstrated through its strict adherence to rigorous quality and safety protocols, as evidenced by certifications like ISO22000, BRC, and HALAL. By employing a vertically integrated approach, SKM ensures the quality and safety of its raw materials, with its layer farms and feed mills all certified to ISO 22000 standards. Their dedication to innovation is evident in their ability to develop various egg-based mixes tailored for bakery and mayonnaise applications.

In May 2023, SKM Egg Products Export (India) Ltd., based in Erode, announced ambitious expansion plans targeting both international and domestic markets. With a strong foothold in Japan, Europe, Russia, Central Asia, and Southeast Asia, the company aims to further penetrate these regions while simultaneously introducing its product range throughout India. In the previous fiscal year, the company achieved exports worth around USD 27 million, playing a substantial role in its overall revenue of approximately USD 37 million.

Related Reports:

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

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Egg Processing Market Size,  Share & Growth Report
Report Code
FB 2690
RI Published ON
2/26/2024
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