The global dried eggs market size is slated to surpass a valuation of US$ 2,080 million in 2023. It is projected to hit a valuation of US$ 4,719.6 million by 2033. The market is anticipated to register a striking CAGR of 9% from 2023 to 2033.
Dried eggs have a long shelf life than fresh eggs due to the lack of moisture. They don’t need refrigeration, making storage and transportation easy. Additionally, they may be reconstituted with water as required, offering a practical substitute for fresh eggs, particularly in circumstances where refrigeration or availability of raw eggs is constrained. These beneficial attributes have escalated the demand for dried eggs across the food industry.
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Food production, baking, and other culinary activities all benefit from the usage of dried eggs. Without the need to break and separate fresh eggs, they offer a regular and dependable source of egg products and are simple to include in recipes. Since they may be used in so many different ways, dried eggs are a common ingredient in both commercial and domestic food preparation.
The growing global population is resulting in increased egg and egg-based product consumption, which is driving the market’s growth. In the coming years, the increasing applications of dried eggs across food, cosmetics, and personal care industries are likely to bolster the market’s expansion.
Dried eggs can be less expensive than fresh eggs since they are frequently offered in large quantities. Their usage depends upon requirement, which further adds to the cost-effectivity and wastage reduction caused by fresh eggs. Because of this, they are an excellent choice for people who wish to reduce their food expenses.
Compared to fresh eggs, dried eggs may be affordable, depending on the location and particular conditions. Dried eggs might be a cost-effective alternative, for instance, in regions with high transportation costs or if fresh eggs are pricey or in short supply. Such factors are expected to spike dried egg demand and aid market growth.
Key Takeaways from Dried Eggs Market:
- In 2018, the global dried eggs market size stood at US$ 1,922.5 million.
- The market stood at US$ 2,000 million in 2022.
- The market progressed at a slow-paced CAGR of 2.4% from 2018 to 2022.
- Egg whites are expected to witness a high growth rate of 10.9% on average over the forecast period.
- Ice cream and frozen desserts are anticipated to expand at a CAGR of 8.8% during the forecast period.
- In 2022, Germany captured a 5.6% share of the global market.
- In 2022, China garnered a 5.4% share of the global market.
- In 2022, Japan occupied a 7.7% share of the global market.
Recent Developments Observed by FMI:
- Eggsentials, a new shelf-stable dried whole-egg bead from Ovation Foods, was introduced in February 2022. The new product was introduced to enhance nutritional intake.
- Ise-Suzuki Egg, the fifth-large producer of eggs in Japan, joined India’s market in February 2022. The firm began operations by producing one lakh eggs per month, increasing production every six months.
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Dried Eggs Market Segmentation
By Product Type:
- Whole Eggs
- Egg Whites
- Egg Yolk
By End-use Application:
- Food Processing Industry
- Bakery & Confectionery
- Creamy Sauces
- Ice cream and Frozen Desserts
- Mayonnaise
- Noodles & Pasta
- Salad Dressings
- Others
- Food Service Providers
- Retail/Households
- Convenience Stores
- Discount Stores
- Modern Trade
- Grocery Stores
- Online Retail
- Specialty Food/Sports Stores
- Wholesalers
- Other Sales Channels
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East & Africa (MEA)
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.
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