The global liquid egg market is anticipated to be worth US$5,304 million in 2023, growing at a healthy 6% CAGR during the forecast period. In terms of value, liquid egg sales currently account for around 8.9% of the worldwide egg market.
The Liquid Egg market is experiencing substantial growth as consumers opt for convenient and time-saving alternatives to shell eggs. With the rising popularity of ready-to-use liquid egg products in various culinary applications, such as baking and cooking, the market is expanding to meet the demands of modern lifestyles and food industries.
Liquid egg demand is being driven mostly by rising demand from the food and beverage sectors as a result of increased awareness about the advantages of bee protein. As a result, to improve product quality and gain a competitive advantage, numerous players are incorporating liquid egg into packaged goods and beverages.
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The growing demand for high-quality, protein-rich components in food items is likely to drive market sales. In recipes, consumers are using processed egg products such as pre-cooked fried eggs and pre-cooked scrambled eggs.
The velvety texture of liquid eggs benefits pre-prepared microwaveable dishes. Microwaveable products, such as eggs, thaw and freeze faster when frozen. In addition to this, liquid eggs bind and emulsify foods such as salad dressings, sauces, dips, and mayonnaise.
Furthermore, the COVID-19 pandemic had a significant influence on the global economy, with businesses facing unforeseeable consequences. Sales in the food and beverage sector have plummeted due to disrupted supply chains.
However, demand is projected to grow at a considerable pace over the forecast period, creating growth prospects for players operating in the global liquid egg market over the forecast period.
Rapid urbanization and changing living patterns are driving the liquid eggs market. Liquid eggs are a more practical and superior alternative to shelled eggs as they are easy to incorporate, come in a user-friendly packaging and make the transportation and handling simple.
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Liquid eggs also cut down on the waste produced by breakage. Growing demand from the food and beverage sector is anticipated to bode well for the market. They are also utilized in cosmetics, personal care products, and animal feed.
Key Takeaways:
- Based on product type, sales in the egg white segment will hold around 28.7% of the total market share over the forecast period.
- In terms of source, demand for organic liquid egg will increase at a 8.3% CAGR through 2032.
- Sales in the North America liquid egg market are expected to grow at a 8.2% CAGR during the forecast period.
- The East Asia liquid egg market will account for nearly 18.9% of the total liquid egg consumption through 2032.
- Applications of liquid egg in the food and beverage sector will account for over 17.5% of the total market share over the forecast period.
Competitive Landscape
Leading liquid egg companies are expanding their facilities and are investing in egg processing technologies and equipment. Cargill Incorporated, for example, committed US$ 20 million in 2018 to expand its Big Lake egg processing unit to accommodate rising customer demand for a wider range of egg products.
Some players operating in the market are Nest Fresh Eggs Inc., Cargill, Incorporated. Ovostar Union NV, Global Food Group BV, Rose Acre Farms, Ready Egg Products Ltd, Bumble Hole Foods Limited, NewburgEgg Corp., Rembrandt Enterprises, Inc., D Wise Ltd., Vanderpol’s Eggs Ltd., Eggland, and others.
Liquid Egg Market by Category
By Product Type:
- Whole Egg
- Egg white
- Egg Yolk
- Scrambled mix
By Form:
- Frozen
- Refrigerated
By Source:
- Conventional
- Organic
- Cage-free
By End-use Application:
- Food Industry
- Biotechnology
- Cosmetic Industry
- Pharmaceutical and Dietary Supplement
- Animal Nutrition
- Other Applications
- Retail Sales
By Sales Channel:
- B2B
- Ho-Re-Ca
- B2C
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East and Africa
Key Questions Answered in the Report
- How big is the liquid egg market?
-The liquid egg market is forecast to reach a valuation of US$ 5.1 Bn by 2022.
- What is projected liquid egg market Size in 2032?
-The liquid egg market is anticipated to reach a valuation of US$ 9.1 Bn by 2032.
- What is the liquid egg market outlook?
– The liquid egg market is expected to expand at a 6.1% CAGR over the forecast period.
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