Egg Protein Powder Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025
Report ID: GMI3832
Egg Protein Powder Market size is predicted to witness significant growth owing to increasing awareness among customers toward nutritional food, demand for performance beverages and nutrition, and favorable increase in sports activities. It is widely used for weight management and muscle building. The growing demand by food & beverage industry for adoption of egg protein powder as a major ingredient in their food products is serving as a key driver of egg protein powder market coupled with the rising disposable incoming in developing countries.
Egg protein powder is dry egg that comes from non-GMO chicken egg. Fresh egg is treated into a powder for one or two days to preserve the maximum nutritional value. It serves as the best supplement for the paleo diet to be used in shakes, recipes and saves time. It is endorsed as one of the best way of improving health when consumed in adequate quantity in regular diet. It is even known for some evident health benefits such as controlling blood pressure, maintaining total cholesterol, reducing risk factors for cardiovascular diseases, and improves body composition and metabolic effects, which is likely to fuel product demand in the market.
Egg protein powder market is segmented by applications, type, and region. The market is segmented on the basis of type, into egg white protein powder, egg yolk powder, and whole egg protein powder. It is classified on the basis of applications into ice cream, bakery, dietary supplements, and meat products. Egg white is commonly used in food & pharmaceutical industry and it consists of ovotransferrin, used as anticancer agent, metal transporter, and antimicrobial agent. Lysozyme, another major component of white egg is used as a food preservative, moreover ovomucoid in egg white is also used in nutrient supplement and tumor suppression agent. Growing demand for protein ingredients from food & beverage industry along with ovomucoid or ovotransferrin is likely to boost egg protein powder market growth.
North America egg protein market size, led by Mexico, Canada, and the U.S. may witness significant growth on account of growing focus on leading active & healthy lifestyles, and regular exercise. U.S. protein supplement market size is expected to surpass 5 billion by 2025 as a major part of the U.S. population does not lead a healthy lifestyle and do not have a proper body fat ratio, resulting in growing concerns regarding a healthy diet, regular exercise, chronic non-communicable diseases including cancer, heart diseases, and diabetes. Thus, people are adopting a healthy lifestyle and are including protein supplements as a part of their regular diet, which should stimulate egg protein powder market size.
Asia-Pacific, led by India, Japan, and China egg protein powder market demand is anticipated to witness fast growth over the forecasted period owing to increasing urbanization, western influence on diets, middle-class population with improved disposable incomes, focus on active lifestyles in emerging economies comprising India and China. The upsurge in Indian poultry market is boosting the availability of eggs in market, with a net market worth over USD 21.5 billion in 2017 and is predicted to increase to over USD 54.5 billion in the predicted timeframe. World Egg Organization (WEO) and International Egg Committee (IEC) listed India as the fastest growing egg producer in the world, which should further fuel the egg protein powder market growth.
Europe egg protein powder market size, led by France, Italy, UK, and Germany is likely to witness substantial increase by 2025 on account of huge demand from the food & beverage industry for bakery products containing high protein content. Europe has over 1,000 bakery plants and has a well-established bakery industry. Regional bakery market revenue in 2017 was over USD 225 billion and is predicted to increase over the forecasted period owing to increasing demand for instant and nutritious food. People are adopting bakery products such as muffins, cookies, breads, rich in fiber and egg protein as their stable diet, and government is working to generate a positive environment for food supplements and protein, which should boost egg protein powder market growth over the forecasted period.
Global egg protein powder market share is highly fragmented and is comprised of various players such as Healthyhey Nutrition, Deps, Abbott, Eurovo Group, and Now Foods. Several egg protein powder marketers are engaged in product innovations and are investing into mergers, acquisitions, and R&D to meet the growing demand for egg protein powder supplements and accelerate market growth over the forecasted period.
Egg Protein Powder Market, By Type, 2014-2025 (Tons) (USD Million)
- Whole Egg powder
- Egg Yolk powder
- Egg white powder
Egg Protein Powder Market, By Application, 2014-2025 (Tons) (USD Million)
- Dietary Supplements
- Ice Creams
- Meat Products
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
- Rose acre Farms
- Taiyo Kagaku
- Sanovo technology group
- Eurovo Group
- GF Ovodry S.p.a.
- NOW Foods
- Sharrets Nutritions LLP
- Healthyhey Nutrition
- Taj Agro Products
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