From GlobeNewswire: 2024-04-15 16:30:00

The global egg powder market is expected to grow from USD 970.8 million in 2023 to USD 1566.4 million by 2033, with a CAGR of 4.9%. Egg powder is gaining popularity due to its versatility and long shelf life, appealing to consumers seeking convenience and reduced food waste. Factors like changing lifestyles, health consciousness, and increasing disposable income are driving market growth.

The whole egg powder segment is projected to dominate the global egg powder market, especially in applications like bakery and confectionery. Hypermarkets/supermarkets are anticipated to lead in distribution channels, offering a wide range of products, including egg powder. The bakery industry is expected to drive the highest share of the market due to growing demand for bakery items.

Asia-Pacific is forecasted to hold the largest share of the global egg powder market, driven by population growth and nutritional awareness. In North America, the market is expected to grow rapidly due to increased use in food processing industries and a rising demand for gluten-free and allergen-free diets. Major vendors in the market include Ovostar Union N.V., Bouwhuis Enthoven, Avangardco, and more.

Adequate Food recently launched a new product containing 500g of egg yolk powder and 500g of egg white meringue powder, catering to both home bakers and professional chefs. The market is segmented based on type, distribution channel, end use, and region. Spherical Insights provides detailed analysis of key companies, including product development, innovations, mergers & acquisitions, and more in the global egg powder market.



Read more at GlobeNewswire: Global Egg Powder Market Size To Worth USD 1566.4 Million