The global frozen egg market is projected to reach a valuation of approximately USD 3,710 million in 2023, representing about 6.2% of the total global egg market by value. According to the FMI market analysis report, this sector is expected to experience robust growth, with a compound annual growth rate (CAGR) of 6% from 2023 to 2033. By the end of this forecast period, the market is anticipated to reach a value of around USD 6,245.8 million.
Consumer perceptions of frozen meals are evolving alongside the dynamic landscape of the food and beverage industry. A growing segment of consumers is expected to favor less perishable egg-based options over fresh eggs. Frozen egg products that offer nutritional value and taste comparable to fresh eggs are likely to drive this shift in preference.
Frozen eggs are increasingly attracting the interest of leading egg producers, who see the potential to enhance value between the farm and retail. Processing frozen eggs—alongside other products like frozen whole eggs, egg whites, and yolks—can significantly improve profit margins for these businesses.
The extended shelf life of frozen egg products effectively mitigates challenges related to transporting egg products to retail channels. Delays in delivery or changes in transportation schedules do not compromise their quality. Additionally, the low perishability of frozen egg products is a key factor in their rising popularity as shelf-stable options for convenient meals.
Key Takeaways from the Frozen Egg Market Study Report
- The global market is likely to capture a CAGR of 6% during the forecast period.
- The sales of frozen eggs in the United States accounted for nearly 24.5% of the overall revenue share in 2022.
- Germany is the leading producer and supplier of frozen eggs in Europe and contributed a global revenue share of 14.3% in 2022. France, Italy, Spain, and the United Kingdom are the other leading consumers of frozen eggs in Europe followed by Germany.
- Currently, China holds over 55% of the East Asia market share and is further expected to follow a CAGR of 5.4% over the forecast period.
- Among the different product types, the whole eggs segment accounted for about 31% market share, followed by egg whites.
- Based on sources, the conventional segment accounted for 63% of the overall sales and dominated the market in 2022.
Competitive Landscape
The frozen egg market is highly fragmented, with numerous companies competing for market share. In this industry, packaging plays a crucial role, enhancing both the quality and aesthetic appeal of the products.
Effective packaging methods significantly extend the shelf life of frozen egg products. Eye-catching packaging can attract a large customer base, driving demand for these items.
Leading frozen egg companies are also focusing on biodegradable packaging to meet environmental standards and attract eco-conscious consumers. Innovations in packaging technology can greatly enhance product quality, further boosting sales.
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.
Key Companies Profiled
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
Others
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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
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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