The global hydrolyzed egg market size is predicted to cross a valuation of US$ 90,688 million in 2023. It is likely to hit a valuation of US$ 193,545.0 million by 2033. The market is expected to thrive at a staggering CAGR of 8% from 2023 to 2033.
The sports nutrition and dietary supplement industries are expanding significantly as many individuals focus on their overall health and wellness and take part in physical activities. With their high protein content and potential advantages for muscle repair and growth, hydrolyzed egg proteins may be used in these industries, which aids in market growth.
Consumers are proactively seeking clean-label and natural solutions as they become aware of the ingredients and substances used in the food they consume. Products made from hydrolyzed eggs may fit in with this trend, particularly if they are produced using organic enzymatic hydrolysis techniques and are free of any additions or artificial components. This growing trend is likely to create significant growth opportunities in the market over the coming decade.
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Hydrolyzed egg products may be utilized as ingredients in a variety of ready-to-eat or quick-to-prepare food items, which is a trend that is expected to continue as busy lives and time restraints drive the desire for convenient meal alternatives. These goods are capable of meeting the demands of time-conscious customers while providing nutritional value and functional qualities.
The market for hydrolyzed eggs could expand into new areas or nations, leading to growth. There may be potential for hydrolyzed egg products to penetrate new markets and grow in popularity as consumer preferences and global food trends change.
Asia Pacific region is predicted to gain swift growth during the forecast period. An enormous and swiftly expanding population resides in Asia Pacific region. Consumer tastes and food habits are changing as disposable incomes increase and urbanization continues rising. Further, the region’s expanding demand for protein-rich meals may be met by a variety of protein sources, such as hydrolyzed egg products, owing to this demographic transition.
Key Takeaways from Hydrolyzed Egg Market Report:
- The global hydrolyzed egg industry size developed at a CAGR of 2.9% from 2018 to 2022.
- In 2018, the global market size stood at US$ 77,834 million.
- The global market size valued at US$ 87,200.00 million in 2022.
- The food & beverages segment is predicted to expand at a CAGR of 6.9% during the forecast period.
- The whole egg segment is expected to capture a CAGR of 7.3% from 2023 to 2033.
- In 2022, the United States captured a CAGR of 3.6% in the global market.
- The hydrolyzed egg market in China is anticipated to expand at a CAGR of 7.4% during the forecast period.
- China captured a 4.9% share of the global market in 2022.
Recent Development Observed by FMI:
- In August 2021, a company named “Nabati Foods” which specializes in plant-based food technology unveiled its plant-based liquid egg in Mayada. It provides health-conscious individuals with complete, all-natural, plant-based meals. Nabati Plant EggzTM, which are now sold on Nabati.ca, are now accessible in Sobeys in Quebec as well as Whole Foods shops in British Columbia and Ontario.
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Hydrolyzed Egg Market Segmentation
By Nature:
- Organic
- Conventional
By Source:
- Liquid Egg White
- Egg Yolk
- Whole Egg
By Application:
- Food & Beverages
- Nutraceuticals
- Cosmetics & Personal Care
- Animal Feed & Pet Food
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East & Africa (MEA)
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.
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