The global egg protein market is expected to witness growth at a CAGR of 6.7% over the forecast period, reaching a valuation of US$ 16 Bn by 2032.
Consumers are focusing on maintaining health to improve body immunity against foreign pathogens. Egg proteins are perceived as a healthy food product that contains various amino acids which help in muscle building that are not naturally present in the body.
Many manufacturers are focusing on improving the functional ingredients in sports supplements and so demand for proteins is expected to surge in the forthcoming years. Key players are focusing on developing variants that have low-fat content and different flavors like chocolate and vanilla to appeal to a wider range of audiences.
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Egg proteins have wide applications in different industries such as food & beverage, sports nutrition personal care, and infant nutrition. Asia is expected to be biggest consumer of baby food products.
“High demand for egg proteins in personal care products is expected to fuel the growth in the market. In addition to this, increasing adoption of egg protein as a thickening agent in the food and beverage sector will push demand in the market over the forecast period,” says an FMI analyst.
Key Takeaways:
- By flavor, sales of unflavored egg protein will increase at a 6.2% CAGR over the forecast period.
- Based on function, demand in the thickening segment will account for 22.3% of the total market share by 2032.
- In terms of end-use application, the sports nutrition segment will account for 25.4% of the total egg protein market share.
- Sales of egg protein in the U.S. market will increase at a 4.7% CAGR through 2032.
- The India egg protein market valuation is projected to reach US$ 611.5 Mn in 2022.
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Competitive Landscape
Key manufacturers of egg proteins are focusing on research & development to offer effective formulations. Key players are collaborating with ingredient manufacturers and are launching new product lines to penetrate untapped markets. For instance:
- Davisco Foods International, Inc. has launched New Specialty IP BiPRO® And WPC80. Known for efficient digestion, a complete amino acid profile, and high quantities of branched chain amino acids, these three new products are expected to deliver the high protein quality. They could also be used to alter texture and bind water in a range of food products.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global egg protein market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on Flavor Type (Regular/Unflavored, Flavored), End-Use Application (Bakery & Confectionery, Protein & Nutritional Bars, Breakfast Cereals, Functional Beverages, Dietary Supplements, Sports Nutrition, Infant Nutrition, Prepared Foods, Meat Analogs, Dressings, Sauces & Spreads, Pharmaceutical Products, Personal Care Products, Dairy & Desserts, Others), Function (Thickening, Leavening, Binding, Preservatives/Antimicrobial, Emulsifying, Crystallization, Others), Region (North America, Latin America, Europe, East Asia, South Asia, Oceania, MEA).
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Egg Protein Market by Category
By Flavor:
- Regular/Unflavored
- Flavored
By End Use Application:
- Bakery & Confectionery
- Protein & Nutritional Bars
- Breakfast Cereals
- Functional Beverages
- Dietary Supplements
- Sports Nutrition
- Infant Nutrition
- Prepared Foods
- Meat Analogs
- Dressings, Sauces & Spreads
By Function:
- Thickening
- Leavening
- Binding
- Preservatives/Antimicrobial
- Emulsifying
- Crystallization
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.2. Scenario Forecast
3.3. Product launches & Recent Developments
3.4. Product Life Cycle Analysis
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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