Egg Processing Market is Projected to Reach USD 29.20 Billion by 2020

Date: 2015-11-27

The egg processing market is projected to reach USD 29.20 billion by 2020, growing at a CAGR of 3.6% from 2015 to 2020. The demand for egg products is growing rapidly in developing countries such as China and India. Production and export of egg products have been highly attractive investments for a number of exporters in various countries. However, the food safety regulations implemented by governments are restraining the growth of the market.

The processing of egg products includes breaking, filtering, mixing, stabilizing, blending, pasteurizing, cooling, freezing or drying, and packaging. Liquid, frozen, and dried egg products are the major types that are available as whole eggs, whites, yolks, and various blends. These egg products are widely used in the food & beverage industry as ingredients in products such as pasta, noodles, salad dressings, and dairy. The types of egg processing equipment used include egg breakers, egg fillers, egg pasteurizers, and egg handling & storage machines. The market for processed egg products is growing along with the demand for high-quality and cleaner products. In response to the demand, new products are continuously developed, and substantial importance is placed on innovation and product functionality.

The growth of the egg processing market is driven by the growing demand for processed egg products in developing countries. The manufacturers are keen on developing technologies that would process egg products with minimal level of wastage.

The analysis is conducted on various market segments derived on the basis of application, product type, and egg type. On the basis of applications, this market is segmented into bakery, confectionery, dairy products, ready-to-eat, soups & sauces, and others. On the basis of product type, it is segmented into dried, liquid, and frozen egg products. The report also includes the key market drivers and inhibitors, along with their impacts provided in detail.

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