According to the FMI market analysis report, the global frozen egg market is projected to achieve a market value of USD 3,710 million by 2023, constituting approximately 6.2% of the total global egg market in terms of value. The report forecasts a robust growth trajectory with a CAGR of 6% from 2023 to 2033. By the conclusion of this forecast period, the market’s value is expected to escalate to USD 6,245.8 million.
Top egg producers are increasingly interested in frozen eggs, seeing potential value from the farm gate to the retail store. Processing frozen eggs, along with other egg-based products like frozen whole eggs, egg whites, and egg yolks, presents opportunities to enhance profit margins for these businesses.
Attributes | Details |
Frozen Egg Market Projected Size (2022A) | US$ 3,576 million |
Frozen Egg Market Size (2023E) | US$ 3,710 million |
Frozen Egg Market Projected Size (2033F) | US$ 6,245.8 million |
Value CAGR (2023 to 2033) | 6% |
Top 3 Countries’ Market Share | 39.6% |
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Frozen egg goods with a longer shelf life efficiently lessen the impact of obstacles associated with egg product transportation to sales channels. As a result, delays in delivering frozen egg products to retail outlets and changes in transportation schedules do not affect their quality. Furthermore, the low perishability of frozen egg products is an essential quality that has helped them gain popularity as shelf-stable retail dinners.
Key Companies
- Ballas Egg
- Cargill Inc
- Pace Farm
- Sonstegard Foods
- Ovobel Foods Limited
- Rembrandt Foods
- Willamette Egg Farms
- Nature-Egg LLP
- NestFresh Eggs
- Bumble Hole Foods Ltd
Competitive Landscape
The frozen egg market is highly fragmented, with multiple companies vying for a piece of the pie. In the frozen egg industry, the packaging is critical since it adds value to the product’s quality and looks.
Frozen eggs improve the shelf life of frozen egg products by implementing appropriate packaging methods. Packaging that appeals to the eye can draw in a huge customer and lead to increased demand for frozen egg goods.
Top frozen egg companies are also working on biodegradable packaging to comply with environmental requirements and appeal to environmentally conscious consumers. Product sales can be boosted greatly by technological innovation in packing methods since it increases product quality to a greater extent.
Recent Developments by the Frozen Egg Industries
NestFresh Inc., a pioneer in regional, humane, and sustainable eggs, bought New Barn Organics in 2021, extending its reach into the world of ethical food. In 2020, it introduced a new EGG POP brand, further demonstrating its leadership in classification.
Cargill Inc. and Techstars confirmed their collaboration in Feb 2019 to develop a business accelerator program with a focus on agricultural and animal health. The curriculum mainly concentrated on cutting-edge methods and technology for the production and processing of eggs.
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Frozen Egg Market by Category
By Product Type:
- Whole Eggs
- Egg Whites
- Egg Yolk
By End Use:
- Food Processing Industry
- Bakery & Confectionery
- Creamy Sauces
- Ice cream & Frozen Desserts
- Mayonnaise
- Noodles & Pasta
- Salad Dressings
- Others
- Food Service Providers
- Retail/Household
- Convenience Stores
- Discount Stores
- Modern Trade
- Grocery Stores
- Online Retail
- Specialty Stores
- Wholesalers
- Other Sales Channel
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East and Africa
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