Overview and Scope
Egg protein powder is a product made from pasteurized isolated protein from eggs. Egg protein powder has a high biological value and contains various vitamins and minerals, making it a great choice of protein powder for many people. Egg protein powder is a natural, unflavoured product that has a harsh taste. Egg protein powder is mainly used because it is lactose-free and very low in carbohydrates and fats.
Sizing and Forecast
The egg protein powder market size has grown strongly in recent years. It will grow from <b>$4.59 billion in 2023 to $4.9 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. </b> The growth in the historic period can be attributed to fitness and sports nutrition, dietary preferences, allergen-free option, baking and culinary applications, weight management.
The egg protein powder market size is expected to see strong growth in the next few years. It will grow to <b>$6.47 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. </b> The growth in the forecast period can be attributed to health and wellness, alternative ingredients, sustainability initiatives, digital marketing and e-commerce, plant-based alternatives. Major trends in the forecast period include allergen-free and food sensitivity solutions, technological advancement, functional ingredients, innovative applications, new product .
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Segmentation & Regional Insights
The egg protein powder market covered in this report is segmented –
1) By Type: Whole Egg Powder, Egg Yolk Powder, Egg White Powder
2) By Form: Solid, Liquid
3) By Application: Dietary Supplements, Bakery Products, Meat Products, Ice Creams, Other Applications
<b>Asia-Pacific</b> was the largest region in the egg protein powder market in 2023. The regions covered in the egg protein powder market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The high growth in the nutraceuticals & dietary supplement industry is expected to propel the growth of the egg protein powder market. The egg protein powder is used as a dietary supplement as it is lactose-free and has high bioavailability. It helps in improving muscle recovery, as the egg protein powder has a low content of carbohydrates and fats. Nutraceuticals are products that provide medical or health benefits. The egg protein powder market is used in nutraceuticals due to its nutritional and functional properties. The growth of the nutraceuticals & dietary supplement industry will result in the demand for egg protein powder as it is an essential dietary and nutritional supplement. For instance, according to a news release by the Food Safety and Standards Authority of India (FSSAI) in June 2021, the Indian nutraceutical market will grow to around $18 billion by 2025 whereas the Indian dietary supplements market is worth $3,924.44 million in 2020 and expected to reach $10,198.57 million by 2026 at a year on year rate of 22%. Therefore, high growth in the nutraceuticals & dietary supplement industry will drive the growth of the egg protein powder market.
Key Industry Players
Major companies operating in the egg protein powder market include <b> Avangardco Investments Public Limited, Bouwhuis Enthoven B.V., BNL Food Group B.V., DEB EL FOOD B.V., Eurovo Group, Kewpie Corporation, NOW Health Group Inc., VPA Australia Pty Ltd, Rose Acre Farms Inc., Sanovo Technology Group, DEPS B.V., Taiyo Kagaku Co. Ltd., Cargill Incorporated, Archer Daniels Midland Company, DuPont de Nemours Inc., Evonik Industries AG, BASF SE, Koninklijke DSM N.V., Solvay SA, Ajinomoto Co Inc., Novozymes A/S, Chr. Hansen A/S, Red Nucleus Solutions LLC, Nutreco N.V., Adisseo France SAS, Alltech Inc., Weert Limburg B.V., Dutch Farms Inc., Jay Robb Enterprises Inc. </b>
The egg protein powder market report table of contents includes:
1. Executive Summary
2. Egg Protein Powder Market Characteristics
3. Egg Protein Powder Market Trends And Strategies
4. Egg Protein Powder Market – Macro Economic Scenario
5. Global Egg Protein Powder Market Size and Growth
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26. South America Egg Protein Powder Market
27. Brazil Egg Protein Powder Market
28. Middle East Egg Protein Powder Market
29. Africa Egg Protein Powder Market
30. Egg Protein Powder Market Competitive Landscape And Company Profiles
Top Major Players:
- Avangardco Investments Public Limited
- Bouwhuis Enthoven B.V
- BNL Food Group B.V
- DEB EL FOOD B.V
- Eurovo Group
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