The hydrolyzed egg market is expected to experience significant growth from 2023 to 2033, as projected by a research report from Future Market Insights. The global market is anticipated to exceed US$ 90,688 million in 2023 and is forecasted to reach US$ 193,545.0 million by 2033, driven by a notable compound annual growth rate (CAGR) of 8% during this period.
The hydrolyzed egg market is poised to capture a substantial segment of the global egg protein market by 2023. According to Future Market Insights (FMI), the growing preference among consumers for healthy and active lifestyles, coupled with a heightened focus on preventive healthcare, is driving increased demand for dietary supplements worldwide. This trend is fueling higher consumer expenditures on nutritional products and driving up production and consumption of dietary supplements globally, potentially accelerating growth within the hydrolyzed egg industry.
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Key Drivers for the Hydrolyzed Egg Industry
- The market is growing due to increasing consumer awareness of the nutritional benefits offered by hydrolyzed eggs. Consumers are increasingly incorporating hydrolyzed eggs into their diets as they recognize their advantages, such as high protein content, essential amino acids, and a beneficial micronutrient profile.
- Consumer awareness of hydrolyzed eggs has increased as a result of marketing activities aimed at educating consumers about nutrition, health influencers, and information sharing on various media platforms.
- Natural ingredient-based clean-label products are becoming progressively popular with consumers. This consumer demand includes hydrolyzed eggs, especially those produced utilizing natural and clean processing techniques. Further, the lack of artificial chemicals, preservatives, and additives in hydrolyzed egg products appeals to consumers who are concerned about their health and want goods with natural ingredients and clean labels.
Competitive Landscape
The global hydrolyzed egg market is highly competitive in nature. Market participants are implementing various strategies such as new product development to expand their product portfolios, increase their market share, and capitalize on growth opportunities.
Other Recent Development Observed by FMI:
- A plant-based food technology firm called “Nabati Foods” introduced their plant-based liquid egg product in Mayada in August 2021. It offers entire, natural, plant-based meals to health-conscious people. Currently sold on Nabati.ca, Nabati Plant EggzTM is now available at Whole Foods stores in B.C. and Ontario as well as Sobeys in Quebec.
Key Players Profiled in the Global Market:
- DEPS
- Bouwhuis Enthoven
- NOW Foods
- Taiyo Kagku
- Rose Acre Farms
- Sanavo Technology Group
- Alver
- EUROVO S.R.L
- Sharrets Nutritions LLP
- GF Ovodry S.P.A.
- Rembrandt Foods
- Taj Agro Products
- BNL Food Group
- AVANGARD CO.
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Hydrolyzed Egg Market Segmentation
By Nature:
- Organic
- Conventional
By Source:
- Liquid Egg White
- Egg Yolk
- Whole Egg
By Application:
- Food & Beverages
- Nutraceuticals
- Cosmetics & Personal Care
- Animal Feed & Pet Food
- Others
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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