The global dried eggs market size is projected to exhibit astounding growth during the forecast period from 2023 to 2033. According to the research report published by Future Market Insights, the global market is poised to surpass a valuation of US$ 2,080 million in 2023. It is predicted to reach a valuation of US$ 4,719.6 million by 2033. The market is predicted to capture a remarkable CAGR of 9% from 2023 to 2033.
Find profitable investment opportunities in places like China, where businesses are transforming the dried egg industry. Examine how market dynamics are impacted by variables such as egg allergies and high import tariffs. Learn about the expanding dry egg product business in Germany and the changing tastes of Japan following the H5N1 pandemic.
This article offers a succinct summary of the strategic insights and possibilities of the dried eggs market, making it a must-read for investors considering prospects in the rapidly expanding egg industry.
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Dried eggs are used for baking, food making, and other culinary endeavours. They are easy to include into recipes and provide a consistent and trustworthy source of egg products, as there’s no need to break and separate fresh eggs. Dried eggs are frequently utilised as an ingredient in both home and professional food preparation because of their wide range of applications.
The consumption of eggs and products derived from them is rising due to the growing worldwide population, which is propelling the market’s expansion. The growing uses of dried eggs in the food, cosmetics, and personal care sectors are anticipated to support the market’s growth in the upcoming years.
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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