Market Size of Egg Protein Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.10 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Egg Protein Market Analysis
The egg protein market is expected to register a CAGR of 5.1 % during the forecast period.
- Egg protein is a multifunctional ingredient that is widely used in the food and beverage industry for its unique functional and nutritional properties. As you mentioned, it can function as an emulsifier, thickening agent, texturizer, foaming agent, and gelling agent, which makes it a versatile ingredient for food processing. Apart from the food and beverage industry, egg protein is also used in the animal feed and cosmetics industries. In animal feed, it is used as a source of protein for livestock, while in cosmetics, it is used in shampoos and skin care products for its emulsifying and conditioning properties.
- In addition to their multifunctional properties, eggs and egg protein products are also highly valued for their nutritional content and their potential to support immune health. This has led to a growing demand for egg protein products in recent years as consumers become increasingly conscious of the importance of a healthy and balanced diet. Rising awareness among consumers towards nutritional food, the growing popularity of sports and fitness activities, and increased demand for performance nutrition and beverages are the key factors driving the growth of the egg protein market.
- The rise in strategic marketing activities undertaken by the leading manufacturers to build a larger consumer base and a burgeoning demand from the developing regions provide market growth opportunities. Manufacturers are focused on offering egg protein ingredients that have applications in the sports nutrition industry, owing to the increasing demand from fitness and gym enthusiasts across the globe. However, the growth of plant-based protein alternatives is expected to restrain the market growth.
