Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1731.74 Million | USD 2162.7 Million | 2.5% | 2023 |
The global egg white powder market size was worth around USD 1731.74 million in 2023 and is predicted to grow to around USD 2162.7 million by 2032 with a compound annual growth rate (CAGR) of roughly 2.5% between 2024 and 2032. The report analyzes the global egg white powder market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the rising opportunities in the egg white powder industry.
The report covers a forecast and an analysis of the egg white powder market on a global and regional level. The study provides historical data from 2018 to 2022 and a forecast from 2024 to 2032 based on volume (Kilotons) and revenue (USD Million). The study includes the drivers and restraints of the egg white powder market and their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the egg white powder market on a global level.
To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the egg white powder market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
Egg white powder is basically made by separating the egg white from the yolk and then pulverizing and dehydrating it. The rise in health-consciousness is the major factor driving the egg white powder market, as egg white is a major protein source. Protein is one of the vital nutrients for the healthy functioning of the human body.
Egg white powder is also used in various end-user industries, such as food processing, pharmaceuticals, cosmetics, and personal care, and dietary supplements. The high product demand in these industries is fuelling the egg white powder market. The nutritional value of egg white powder is also augmenting the market, as egg white powder is a healthier alternative for the aging population and people who use protein supplements for bodybuilding.
Several times egg whites are liquefied mainly for easy shipping and storage in the processing facility. The rising awareness about egg white powder benefits, easy availability both online and offline, longer shelf life are further driving the egg white powder market. The rise in number working youth along with their improving living standards and disposable income has worked as a catalyst for the egg white powder market. However, the growing trend of veganism across the world may limit the overall egg white powder market to some extent.
The study provides a decisive view of the egg white powder market by segmenting it on the application, distribution channel, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The application segment includes pharmaceuticals, food processing, dietary supplements, cosmetics and personal care, and others.
The dietary supplements segment is the most lucrative segment in this market. Additionally, the cosmetics and personal care segment is likely to grow rapidly in the years ahead. The distribution channel segment is divided into online and offline.
Report Attributes | Report Details |
---|---|
Report Name | Egg White Powder Market |
Market Size in 2023 | USD 1731.74 Million |
Market Forecast in 2032 | USD 2162.7 Million |
Growth Rate | CAGR of 2.5% |
Number of Pages | 110 |
Key Companies Covered | Rembrandt Foods, Merck, Kewpie, HiMedia Laboratories, Taiyo Kagaku, NOW Health, AvangardCo Investments, Sanovo Technology, IGRECA, and JW Nutritional |
Segments Covered | By Application, By Distribution Channel, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Some key players operating in the egg white powder market are:
Global Egg White Powder Market: Application Analysis
Global Egg White Powder Market: Distribution Channel Analysis
Global Egg White Powder Market: Regional Analysis
FrequentlyAsked Questions
Egg white powder is a dried form of liquid egg whites. It's essentially pure albumen, the protein-rich part of an egg, in powdered form.
According to a study, the global egg white powder market size was worth around USD 1731.74 million in 2023 and is expected to reach USD 2162.7 million by 2032.
The global egg white powder market is expected to grow at a CAGR of 2.5% during the forecast period.
Leading players in the global egg white powder market include Rembrandt Foods, Merck, Kewpie, HiMedia Laboratories, Taiyo Kagaku, NOW Health, AvangardCo Investments, Sanovo Technology, IGRECA, and JW Nutritional, among others.
The egg white powder market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed