The global market for egg and egg products is projected to achieve a valuation of USD 12.3 billion by 2022 and is anticipated to accelerate with a 7.0% compound annual growth rate (CAGR) from 2022 to 2032. By 2032, the market size is expected to reach USD 24.2 billion.
According to FMI analysis, the Egg and Egg Products Market is expected to experience steady growth during the forecast period, driven by factors such as their extended shelf life, versatility in various end-use applications, and ease of handling. Additionally, increasing consumer preference for “free-from” products presents an opportunity for manufacturers to innovate and introduce new offerings in the Egg and Egg Products Market.
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Historically, the Egg and Egg Products Market experienced a CAGR of approximately 6.2% from 2017 to 2021. The rising popularity of sugar-free, gluten-free, and fat-free food products is driving consumer preference for healthier diets and weight management. Additionally, the use of eggs as a natural ingredient in cosmetics and personal care products has supported market growth due to their benefits for skin and hair.
Moreover, while protein powders were previously limited to dairy-based options like casein and whey—making them unsuitable for individuals with dairy allergies—egg protein offers a lactose-free alternative. This has led to increased demand for egg-based protein products among those seeking non-dairy options.
Competitive Landscape
Consumer preferences are shifting towards processed meals, with a growing emphasis on egg products, advancements in egg processing techniques, and increased consumer awareness in developing countries driving major egg manufacturers. The market remains highly fragmented, with numerous egg producers competing for market share.
Between 2017 and 2021, the global egg industry saw numerous strategic partnerships, joint ventures, and mergers and acquisitions. This trend is expected to persist throughout the forecast period, as leading companies work to strengthen their positions in the egg market.
Key Companies Profiled
Cal-Maine Foods; Rose Acre Farms; Charoen Pokphand Group; ISE Foods Inc.; Ballas Egg Products Corporation; Rembrandt Enterprises, Inc.; Interovo Egg Group BV; Honeyville, Inc.; Gruppo Eurovo; Kewpie Corporation; Ovo farms; Others
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Egg and Egg Products Market by Category
By Type
- Whole Egg
- Egg White
- Egg Yolk
- Egg Powder
- Liquid Egg
- Frozen Egg
- Specialty Egg
- Dried Egg
- Others
By End Use
- Food & Beverages
- Bakery
- Confectionery
- Sauces & Dressing
- Others
- Personal Care & Cosmetics
- Pharma
- Dietary Supplements
- Animal Feed & Pet Food
- HoReCa
- Others
By Sales Channel
- Offline Sales Channel
- Supermarkets/Hypermarkets
- Departmental Stores
- Convenience Store
- Other Sales Channel
- Online Sales Channel
- Company Website
- E-commerce Platform
By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
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