New York City, New York Jun 24, 2021 (Issuewire.com) - The global egg powder market size reached US$ 1,652 Million in 2020. Looking forward, the market is expected to grow at a CAGR of around 6% during 2021-2026, according to the latest report by IMARC Group,
Egg powder is a powdered product of eggs, prepared by dehydrating and spray drying raw eggs. Powdered egg has less weight per volume compared to the whole egg and longer shelf life, but has a similar composition and retains the same nutritional value. As a result, it is widely used in the production of a range of products, such as baked goods, cosmetics, skincare products, etc.
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The expanding food processing sector, driven by the increasing need for storable and long-lasting food items, is one of the key factors driving the market growth. Moreover, egg powder is witnessing rising demand in the preparation of numerous bakery and confectionery products, owing to its better binding properties than fresh eggs. Additionally, the growing consumer health consciousness is leading to a shift from high-calorie food products towards a protein-rich diet, including egg powder. Additionally, egg powder is gaining popularity as a key ingredient in numerous skin- and hair care products based on its nourishing properties. In the coming years, the emergence of naturally sourced and organic product variants will continue to drive the global market for egg powder.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/egg-powder-market
Competitive Landscape:
Some of the key players in the industry include - Sanovo Group, Weko Group, Eurovo S.R.L., Rembrandt Enterprises Inc., Rose Acre Farms, Inc., Kewpie Egg Corporation, etc.
Egg Powder Market Segmentation:
Breakup by Type:
Based on the type, the global egg powder market has been segmented into whole egg powder, yolk egg powder, and white egg powder. Whole egg powder currently represents the largest segment.
Breakup by Region:
Region-wise, the global egg powder market has been segmented into Europe, Asia-Pacific, North America, Middle East & Africa, and Latin America. Amongst these, Europe represented the biggest market.
Breakup End-Use:
On the basis of end-use, the bakery represented the largest application segment for egg powder. The bakery was followed by sauces, dressings & mixes.
Browse related reports:
Asia Pacific Egg Powder Market Report: https://www.imarcgroup.com/asia-pacific-egg-powder-market
Europe Egg Powder Market Report: https://www.imarcgroup.com/europe-egg-powder-market
GCC Egg Powder Market Report: https://www.imarcgroup.com/gcc-egg-powder-market
India Egg Powder Market Report: https://www.imarcgroup.com/india-egg-powder-market
United States Egg Powder Market Report: https://www.imarcgroup.com/united-states-egg-powder-market
Protein Ingredients Market Report: https://www.imarcgroup.com/protein-ingredients-market
Oats Market Report: https://www.imarcgroup.com/oats-processing-plant
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