The global dried eggs market is set for remarkable growth from 2023 to 2033. Future Market Insights projects that the market will exceed USD 2,080 million in 2023 and is expected to reach USD 4,719.6 million by 2033, with an impressive CAGR of 9% over the forecast period.
Dried eggs offer a longer shelf life compared to fresh eggs because they lack moisture. They do not require refrigeration, simplifying storage and transportation. Moreover, dried eggs can be reconstituted with water as needed, making them a convenient alternative to fresh eggs, especially in situations where refrigeration or access to raw eggs is limited. These advantages have significantly increased the demand for dried eggs in the food industry.
Dried eggs are highly beneficial for food production, baking, and various culinary applications. They provide a consistent and reliable source of egg products without the need to crack and separate fresh eggs, making them easy to incorporate into recipes. Due to their versatility, dried eggs are a popular ingredient in both commercial and home kitchens.
The rising global population is leading to greater consumption of eggs and egg-based products, driving market growth. In the coming years, the expanding use of dried eggs in the food, cosmetics, and personal care industries is expected to further accelerate market expansion.
Dried eggs can be more cost-effective than fresh eggs due to their availability in bulk. Their use is based on specific needs, which helps reduce costs and minimize wastage compared to fresh eggs. As a result, dried eggs are a practical choice for those looking to lower their food expenses.
Depending on the location and specific circumstances, dried eggs can be more affordable than fresh eggs. They offer a cost-effective alternative, particularly in areas with high transportation costs or where fresh eggs are expensive or scarce. These factors are likely to drive up demand for dried eggs and contribute to market growth.
Key Takeaways from Dried Eggs Market:
- In 2018, the global dried eggs market size stood at USD 1,922.5 million.
- The market stood at USD 2,000 million in 2022.
- The market progressed at a slow-paced CAGR of 2.4% from 2018 to 2022.
- Egg whites are expected to witness a high growth rate of 10.9% on average over the forecast period.
- Ice cream and frozen desserts are anticipated to expand at a CAGR of 8.8% during the forecast period.
- In 2022, Germany captured a 5.6% share of the global market.
- In 2022, China garnered a 5.4% share of the global market.
- In 2022, Japan occupied a 7.7% share of the global market.
Competitive Landscape
Key market players emphasize personalizing dried egg products while adhering to relevant laws and regulations. Since egg regulations vary by country, for instance, eggs approved by the United States Department of Agriculture (USDA) cannot be sold in the United Kingdom or other European Union countries, and vice versa.
In the United States, regulations mandate that all eggs be washed in water at least 20°F warmer than the egg’s internal temperature (at least 90°F) and cleaned with an unscented detergent. The eggs are then treated with a chemical disinfectant to eliminate pathogens and thoroughly dried to prevent bacterial growth. However, in Europe, this cleaning process is not practiced due to concerns that it may remove the eggshell’s natural protective coating, which helps prevent pathogens from penetrating the porous shell. Consequently, EU regulations stipulate that Grade A eggs should not be washed, aiming to maintain the eggs’ natural protection, reduce handling costs, and encourage farmers to maintain clean laying environments.
Recent Developments
- In February 2022, Ovation Foods launched Eggsentials, the company’s new shelf-stable dried whole-egg bead. The new product was launched to add a nutrient boost to consumption.
- In February 2022, Japan’s top-fifth largest egg producer, Ise-Suzuki Egg, entered India market. The company started operations beginning with the production of egg lakh eggs per month, scaling it every six months.
Key Players Working in the Global Dried Eggs Market
- Interevo Egg Group BV
- Sanovo Technology A/S
- Agroholding Avangard
- Kewpie Corporation
- Rose Acre Farms
- Rembrandt Enterprises
- Michael Foods Inc.
- Ballas Egg Products Corp.
- Henningsen Foods
- Wulro BV
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Dried Eggs Market Segmentation
By Product Type:
- Whole Eggs
- Egg Whites
- Egg Yolk
By End-use Application:
- Food Processing Industry
- Bakery & Confectionery
- Creamy Sauces
- Ice cream and Frozen Desserts
- Mayonnaise
- Noodles & Pasta
- Salad Dressings
- Others
- Food Service Providers
- Retail/Households
- Convenience Stores
- Discount Stores
- Modern Trade
- Grocery Stores
- Online Retail
- Specialty Food/Sports Stores
- Wholesalers
- Other Sales Channels
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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