Explore the lucrative trajectory of the global dried eggs market, set to surpass US$ 4.7 billion by 2033 with a remarkable CAGR of 9%. Discover key factors driving growth, from increasing demand for packaged foods to innovative egg-based food ideas. Dive into category-wise insights, including the rise of dried egg whites and their dominance in the food processing industry.
Uncover strategic investment opportunities in regions like China, where companies are revolutionizing the dried egg market. Delve into the impact of factors like egg allergies and high tariffs on imported goods, influencing market dynamics. Gain insights into Germany’s growing market for dry egg products and Japan’s evolving preferences post-H5N1 outbreak.
For investors seeking a comprehensive guide to the dried eggs market’s potential and strategic insights, this article provides a concise overview, making it a must-read for those eyeing opportunities in the booming egg 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.
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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)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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