CHICAGO, March 25, 2024 (Globe Newswire) — egg processing market Refers to the sector of the food industry that deals with the processing, packaging, and distribution of various egg products. This market includes a wide range of activities, from egg cracking and pasteurization to the production of liquid, dried, and frozen egg products for both consumer and industrial use. The global egg processing market, valued at USD 37.5 billion in 2024, is expected to grow at a robust 4.7% during the forecast period, highlighting notable growth forecasts expected to expand to USD 47.2 billion by 2029. Compound annual growth rate (CAGR).
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The key aspects of the Egg Processing Market are:
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Product type: The market offers a variety of egg products, including liquid whole eggs, egg whites, egg yolks, dried egg powder, frozen eggs, and value-added products such as cooked egg patties and omelets.
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Food industry demand: Egg products are essential ingredients in a variety of foods, including baked goods, pasta, sauces, dressings, and prepared foods. Demand for processed egg products is driven by the restaurant industry, catering businesses, and food manufacturers.
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Health and nutrition trends: With increasing awareness of health and nutrition, there is a growing demand for egg products that are low in cholesterol, high in protein, and free of additives and preservatives. This trend impacts product development and marketing strategies in the egg processing market.
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Food safety and quality standards: Egg processing companies must adhere to strict food safety and quality standards to ensure product safety and integrity. This includes implementing pollution control measures, maintaining sanitary production facilities, and complying with regulatory requirements.
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Global market dynamics: The egg processing market operates on a global scale, with major players located in key regions such as North America, Europe, Asia Pacific, and Latin America. Factors such as changing consumer preferences, economic conditions, and trade policy influence market dynamics and competitiveness.
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Advances in technology: Advances in egg processing technology, such as automation, pasteurization methods, and packaging innovations, are driving increased efficiency and product innovation in the marketplace.
Organic egg products: growing demand and trends
Organic egg products segment is expected to be the fastest growing market in the upcoming forecast period. This growth is primarily driven by evolving consumer trends that prioritize perceived health benefits, food safety, animal welfare, and environmental sustainability.
Data from United Egg Producers highlights a significant increase in production of organic and cage-free shell eggs. From 2021 to 2022, production increased from 29.3% to 34%. This shows that we are responding to consumer concerns about the welfare of animals raised for food production. Organic certification ensures that chickens have access to outdoor space and are not exposed to antibiotics or growth hormones.
Rapid increase in organic egg products
Egg Carton Store Blog's September 2023 data confirms the surge in demand for organic egg products. Health-conscious consumers seeking high-quality, ethically sourced food are willing to pay more for organic eggs due to concerns about food quality and production methods. Factors such as increasing disposable income, increased availability, and effective marketing strategies are further contributing to this demand.
For example, Germany's EIPRO-Vermarktung GmbH & Co. KG offers a variety of organic egg products, including whole eggs, egg yolks, egg whites, liquid eggs and frozen alternatives. The company's products are pasteurized to ensure safety and are available in a variety of packaging options to suit consumer preferences.
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Regional Analysis of Egg Processing Market
Europe will maintain the second-dominant position within the egg processing market throughout the forecast period. The European Union (EU) boasts more than 350 million laying hens and produces nearly 6.7 million tons of eggs annually. Together, major producing countries such as France, Germany, Spain and Italy account for more than half of the EU's egg production.
Processed egg products are gaining attention in Europe due to growing consumer concerns about animal welfare and environmental impact. This trend is driving egg processors to adopt more sustainable methods, such as sourcing eggs from cage-free chickens and utilizing recyclable packaging materials. However, addressing evolving consumer preferences and welfare concerns remains critical to sustaining market growth.
Key players in the market
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Cal-Maine Foods, Inc. (USA)
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Rose Acre Farms (USA)
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Ovobel Foods Limited (India)
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SKMEgg.com (India)
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Interovo Egg Group BV (Netherlands)
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Igreca (France)
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Eurobo Srl (Italy)
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Avril SCA (France)
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Rembrandt Foods (USA)
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Hillandale Farms (USA)
See related reports:
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