The egg protein market is anticipated to be US$ 8,895.73 million in 2023. The market’s growth is estimated to be steady from 2023 to 2033, with a CAGR of 6.7%. By the end of the forecast period in 2033, the market valuation is expected to reach US$ 17,048.18 million.
Consumers are focusing on preserving their health in order to strengthen their immune systems against foreign diseases. Egg proteins are regarded as a nutritious dietary product since they contain numerous amino acids that aid in muscle growth that are not naturally found in the body.
Many producers are working on increasing the functional ingredients in sports supplements, therefore protein demand is projected to increase in the next years. To appeal to a broader audience, key players are working on developing low-fat varieties with varied flavours such as chocolate and vanilla.
Egg proteins are widely used in a variety of industries, including food and beverage, sports nutrition, personal care, and baby nutrition. Asia is predicted to be the largest user of infant food items.
Unlock Growth Potential in Your Industry – Get Your Sample Report Now!
https://www.futuremarketinsights.com/reports/sample/rep-gb-15201
“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.
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.
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
- Pharmaceutical Products
- Personal Care Products
- Dairy & Desserts
- Others
By Function:
- Thickening
- Leavening
- Binding
- Preservatives/Antimicrobial
- Emulsifying
- Crystallization
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
Frequently Asked Questions
- How much is the global egg protein market currently worth?
- What is the demand outlook for the egg protein market
- What was the last 5-year CAGR for the egg protein market?
- At what rate will egg protein demand grow in Europe?
- What are the key trends driving sales of egg protein?
Drive Your Growth Strategy: Purchase the Report for Key Insights! https://www.futuremarketinsights.com/checkout/15201
Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
