Rising consumer awareness about benefits of protein-rich food to escalate egg white powder market at 8.0% CAGR during 2020-2027.
According to the latest market study on 'Global Egg White Powder Market Forecast to 2027 - COVID-19 Impact and Global Analysis - by Grade (Food Grade and Technical Grade); Distribution Channel (Direct/(B2B) and Indirect); Application (Food Processing, Pharmaceuticals, Cosmetics and Personal Care, Dietary Supplements, and Others), and Geography,' the market was valued at US$ 1,463.84 million in 2019 and is projected to reach US$ 2,652.35 million by 2027; it is expected to grow at a CAGR of 8.0% from 2020 to 2027. The report highlights key factors driving the market growth and prominent players along with their developments in the market.
Egg white powder is considered as economic and safe form of egg products, which find applications in the food, pharmaceuticals, and dietary supplement industries. Dried egg white powder has extended shelf life, and it is convenient to store and use across diversified application bases. These powders are known for their nutritional profile and add aromatic essence to food products. In bakery industry, these powders are increasingly being used for their foaming and gelling properties which make them useful to produce several food items. Other than this, the powdered egg white acts as a stabilizer for foams or provides texture to the baked goods.
The global demand for protein-based ingredients in personal care and cosmetic products is increasing. Since egg whites contain collagen and proteins which can tone and tighten human skin, many cosmetics companies use egg whites in beauty products to leverage their skin rejuvenating power. Serum, face wash, shampoo, cream, soap, face mask, and other products are incorporated with egg white powder. Egg white protein powder mainly nourishes hair and prevents damage and dryness. Thus, the demand for egg white protein powder as a primary ingredient in cosmetics is anticipated to increase rapidly in the near future.
Agroholding Avangard, Interovo Egg Group BV, Kewpie Corporation, Rembrandt Enterprises, and Rose Acre Farms are among the major players in the global egg white powder market.
Impact of COVID-19 Pandemic on Egg White Powder Market
The COVID-19 pandemic began in Wuhan (China) in December 2019, and it rapidly spread around the globe in the next couple of months. COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Food & beverages is one of the major industries facing serious disruptions in supply chain and manufacturing due to office shutdowns. The players in the egg white powder market stock up on raw materials, which increase supplier power and market competition. Increasing livestock disease prevalence and COVID-19 behavioral aspects are likely to shift consumers toward plant-based alternatives. Also, trade restrictions, supply chain disruption, restaurant, and supermarket lockdowns are expected to hamper growth in the egg white powder market in the coming months.
The Report Segments the Egg White Powder Market as Follows:
By Grade
By Distribution Channel
By Application
By Geography
According to the latest market study on 'Global Egg White Powder Market Forecast to 2027 - COVID-19 Impact and Global Analysis - by Grade (Food Grade and Technical Grade); Distribution Channel (Direct/(B2B) and Indirect); Application (Food Processing, Pharmaceuticals, Cosmetics and Personal Care, Dietary Supplements, and Others), and Geography,' the market was valued at US$ 1,463.84 million in 2019 and is projected to reach US$ 2,652.35 million by 2027; it is expected to grow at a CAGR of 8.0% from 2020 to 2027. The report highlights key factors driving the market growth and prominent players along with their developments in the market.
Egg white powder is considered as economic and safe form of egg products, which find applications in the food, pharmaceuticals, and dietary supplement industries. Dried egg white powder has extended shelf life, and it is convenient to store and use across diversified application bases. These powders are known for their nutritional profile and add aromatic essence to food products. In bakery industry, these powders are increasingly being used for their foaming and gelling properties which make them useful to produce several food items. Other than this, the powdered egg white acts as a stabilizer for foams or provides texture to the baked goods.
The global demand for protein-based ingredients in personal care and cosmetic products is increasing. Since egg whites contain collagen and proteins which can tone and tighten human skin, many cosmetics companies use egg whites in beauty products to leverage their skin rejuvenating power. Serum, face wash, shampoo, cream, soap, face mask, and other products are incorporated with egg white powder. Egg white protein powder mainly nourishes hair and prevents damage and dryness. Thus, the demand for egg white protein powder as a primary ingredient in cosmetics is anticipated to increase rapidly in the near future.
Agroholding Avangard, Interovo Egg Group BV, Kewpie Corporation, Rembrandt Enterprises, and Rose Acre Farms are among the major players in the global egg white powder market.
Impact of COVID-19 Pandemic on Egg White Powder Market
The COVID-19 pandemic began in Wuhan (China) in December 2019, and it rapidly spread around the globe in the next couple of months. COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Food & beverages is one of the major industries facing serious disruptions in supply chain and manufacturing due to office shutdowns. The players in the egg white powder market stock up on raw materials, which increase supplier power and market competition. Increasing livestock disease prevalence and COVID-19 behavioral aspects are likely to shift consumers toward plant-based alternatives. Also, trade restrictions, supply chain disruption, restaurant, and supermarket lockdowns are expected to hamper growth in the egg white powder market in the coming months.
The Report Segments the Egg White Powder Market as Follows:
By Grade
- Food Grade
- Technical Grade
By Distribution Channel
- Direct/B2B
- Indirect
- Hypermarkets and Supermarkets
- Specialty Stores
- Online
- Others
By Application
- Food Processing
- Pharmaceuticals
- Cosmetics and Personal Care
- Dietary Supplements
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
- Asia Pacific (APAC)
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
- South America
- Brazil
- Argentina
- Rest of South America
Table of Contents
1. Introduction
3. Research Methodology
4. Egg White Powder- Market Landscape
5. Egg White Powder Market - Key Industry Dynamics
6. Egg White Powder Market - Global Analysis
7. Egg White Powder Market Analysis - By Grade
8. Egg White Powder Market Analysis - By Distribution Channel
9. Egg White Powder Market Analysis - By Application
10. Egg White Powder Market - Geographic Analysis
11. Impact of COVID-19 Pandemic on Global Egg White Powder Market
12. Company Profiles
13. Appendix
Companies Mentioned
A selection of companies mentioned in this report includes:
- AdriaanGoede B.V.
- AgroholdingAvanguard
- BouwhuisEnthoven B.V.
- EierhandelWulro B.V.
- Interovo Egg Group
- Kewpie Corporation
- Oskaloosa Food Products Corporation
- Ovostar Union N.V.
- Rembrandt Foods, Inc.
- Rose Acre Farms Inc.
