The liquid eggs market is anticipated to grow at a robust 6.1% CAGR to reach a worth of USD 5.1 billion in 2022. Currently, the value of sales of liquid eggs makes up around 8.9% of the total egg market worldwide.
Demand for liquid egg is being driven mostly by increased demand from the food and beverage sectors as a result of greater awareness about the benefits of bee protein. As a result, many players are adding liquid egg into packaged goods and beverages in order to improve product quality and obtain a competitive advantage.
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Increasing demand for high quality and protein-rich ingredients in food products is expected to drive sales in the market. Consumers are using processed egg products such as pre-cooked fried eggs, pre-cooked scrambled eggs in recipes.
The velvety texture of liquid eggs benefits pre-prepared microwaveable dishes. Microwaveable products, such as eggs, thaw and freeze faster when frozen. In addition to this, liquid eggs bind and emulsify foods such as salad dressings, sauces, dips, and mayonnaise.
Furthermore, the COVID-19 pandemic had a significant influence on the global economy, with businesses facing unforeseeable consequences. Sales in the food and beverage sector have plummeted due to disrupted supply chains.
However, demand is projected to grow at a considerable pace over the forecast period, creating growth prospects for players operating in the global liquid egg market over the forecast period.
Rapid urbanization and changing living patterns are driving the liquid eggs market. Liquid eggs are a more practical and superior alternative to shelled eggs as they are easy to incorporate, come in a user-friendly packaging and make the transportation and handling simple.
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Liquid eggs also cut down on the waste produced by breakage. Growing demand from the food and beverage sector is anticipated to bode well for the market. They are also utilized in cosmetics, personal care products, and animal feed.
Key Takeaways:
- Based on product type, sales in the egg white segment will hold around 28.7% of the total market share over the forecast period.
- In terms of source, demand for organic liquid egg will increase at a 8.3% CAGR through 2032.
- Sales in the North America liquid egg market are expected to grow at a 8.2% CAGR during the forecast period.
- The East Asia liquid egg market will account for nearly 18.9% of the total liquid egg consumption through 2032.
- Applications of liquid egg in the food and beverage sector will account for over 17.5% of the total market share over the forecast period.
Competitive Landscape
Leading liquid egg companies are expanding their facilities and are investing in egg processing technologies and equipment. Cargill Incorporated, for example, committed US$ 20 million in 2018 to expand its Big Lake egg processing unit to accommodate rising customer demand for a wider range of egg products.
Some players operating in the market are Nest Fresh Eggs Inc., Cargill, Incorporated. Ovostar Union NV, Global Food Group BV, Rose Acre Farms, Ready Egg Products Ltd, Bumble Hole Foods Limited, NewburgEgg Corp., Rembrandt Enterprises, Inc., D Wise Ltd., Vanderpol’s Eggs Ltd., Eggland, and others.
Liquid Egg Market by Category
By Product Type:
- Whole Egg
- Egg white
- Egg Yolk
- Scrambled mix
By Form:
- Frozen
- Refrigerated
By Source:
- Conventional
- Organic
- Cage-free
By End-use Application:
- Food Industry
- Biotechnology
- Cosmetic Industry
- Pharmaceutical and Dietary Supplement
- Animal Nutrition
- Other Applications
- Retail Sales
By Sales Channel:
- B2B
- Ho-Re-Ca
- B2C
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East and Africa
Key Questions Answered in the Report
- How big is the liquid egg market?
-The liquid egg market is forecast to reach a valuation of US$ 5.1 Bn by 2022.
- What is projected liquid egg market Size in 2032?
-The liquid egg market is anticipated to reach a valuation of US$ 9.1 Bn by 2032.
- What is the liquid egg market outlook?
– The liquid egg market is expected to expand at a 6.1% CAGR over the forecast period.
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