Egg Powder Market to see Huge Growth by 2031

Egg Powder market is anticipated to grow at a considerable CAGR of 4.0% during the forecast period. The bakery industry represents a critical income share in the global egg powder market. This can be attributed to the growing use of egg powder in the preparation of functional bakery goods. Eggs are one of the key ingredients in most bakery products like cakes, cookies, pastry, bakery mixes etc. and are used widely across the globe. Eggs and egg products are primarily use in bakery to thicken, emulsify, and build volume. However, bakers choose to use egg powder instead of whole eggs, due to many reasons such as increased shelf life and ease in handling and transportation compared to fresh egg. The convenience in using it with other ingredients and the enhanced functional elements makes egg powder more favoured over liquid egg. This factor is expected to fuel the demand for egg powder with increasing expansion of bakery industry globally. According to United States Department of Agriculture (USDA), China is the world’s second-largest baked goods retail market after the United States with retail sales of baked goods at $34 billion in 2020. Cakes account for 41 % of overall baked goods retail sales in China. Additionally, commercial use of egg powder is experiencing increase in its use which is increasing its demand from bakery and confectionery companies.

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Market Coverage

• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031

Segment Covered- 

• By Product Type
• By End Use

Regions Covered-

• North America
• Europe
• Asia-Pacific
• Rest of the World

Competitive Landscape- including Interovo Egg Group BV, Kewpie Corp., Oskaloosa Foods, Ovostar LTD, Wulro Food Group BV, and others

Egg Powder Market Report Segment

By Product Type

• Whole Egg Powder
• Yolk Egg Powder
• White Egg Powder

By End Use

• Food and Beverages
• Cosmetics and Personal Care
• Dietary Supplements
• Pharmaceuticals
• Others

A full Report of Egg Powder Market is Available @   https://www.omrglobal.com/industry-reports/egg-powder-market

Egg Powder Market Report Segment by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe

Asia-Pacific

• India
• China
• Japan
• South Korea
• Rest of APAC

Rest of the World

• Latin America 
• Middle East & Africa

Company Profiles

• AdriaanGoede BV
• AGRIWELL s.r.o.
• AgroholdingAvangard
• BouwhuisEnthoven
• Caneggs Canada
• Derovo Group
• Designer Wellness, LLC
• DUTCH EGG POWDER SOLUTIONS B.V. (Wulro Food Group BV)
• Eggway International Asia Pvt. Ltd.
• EurovoSrl
• IGRECA
• Ovobel Foods Ltd.
• Rembrandt Enterprises
• Rose Acre Farms 
• SKM EGG Products Exports (India) Ltd.
• Venkys (India) Ltd.

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Article source: https://article-realm.com/article/Food-Beverage/63399-Egg-Powder-Market-to-see-Huge-Growth-by-2031.html