The egg white powder market is expected to reach US$ 2,652.35 million by 2027 from US$ 1,463.84 million in 2019; it is estimated to grow at a CAGR of 8.0% from 2020 to 2027.
Egg white powder is a well-known form of protein powder and is free of fats and sugars. Therefore, it is the best choice to help consumer achieve any fitness goals. Considering the rising number of food allergy and intolerance cases, the products such as egg white powder are becoming profitable field for investments in the food ingredients category. In addition to protein-rich characteristics, egg white powder can provide the typically recommended dose of calcium, amino acids, and cholesterol-free protein. Further, the meat-free nature of this type of powder substantiates sales, mainly among the vegetarian consumers. Through an evident shift of consumers toward vegetarianism, it is highly expected that egg white powder market may continue to foresee strong gains in the coming years. Moreover, the market growth seems promising due to its mild flavor that further encourages its use as the balancing ingredient in the processed food items, without compromising on the taste of several other added ingredients.
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- AdriaanGoede B.V.
- BouwhuisEnthoven B.V.
- EierhandelWulro B.V.
- Interovo Egg Group
- Kewpie Corporation
- Oskaloosa Food Products Corporation
- Ovostar Union N.V.
- Rembrandt Foods, Inc.
- Rose Acre Farms Inc.
Asia-Pacific is expected to be the fastest-growing market for egg white powder, with significant market share, during the forecast period. The growth of the market in this region is primarily attributed to the escalating demand for egg white powder in various applications. Factors, such as western influence on diets, growing focus on urbanization, rising emphasis on leading active lifestyles, and increase in middle-class population owing to improving disposable incomes in emerging countries, including India and China, are anticipated to drive the demand. Moreover, in countries such as India, the surge in poultry production ensures high availability of eggs, which in turn supports in the production of egg white powder.
Note –The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Egg White Powder Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.
Our Sample Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology
The reports cover key developments in the Egg White Powder Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players.
The report analyses factors affecting the Egg White Powder Market from further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Egg White Powder Market in these regions.
Moreover, the report entails the estimate and analysis for the Egg White Powder Market on a global as well as regional level. The study provides historical data as well as the trending features and future predictions of the market growth. Further, the report encompasses drivers and restraints for the Egg White Powder Market growth along with its impact on the overall market development. In addition, the report provides an analysis of the accessible avenues in the market on a global level.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Egg White Powder Market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions. The Egg White Powder Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
Promising Regions & Countries Mentioned in The Egg White Powder Market Report:
- North America
- Latin America
- The Middle East & Africa
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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