Of late, consumers are exhibiting great inclination towards convenience food due to their busy lifestyles. Noticeably, processed eggs eliminate the need to break shells and manually separate different components of eggs. Technological advancements in egg-processing machinery have enabled efficient pasteurization of eggs. Such developments help in lowering the risk of contamination and elongate the shelf life for processed egg products. In addition, the demand for egg powder has also increased owing to its numerous advantages that include its high solubility in water. The convenience along with ease of use and storage coupled with rising health awareness among consumers is likely to spur exponential growth across the global processed egg market.
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Paced Demand for Highly Nutritious Food in Sports Industry to Aid in Expansion of Processed Egg Market
Lately, people have become more concerned about enhancing their physical appearance and staying fit. This has led to increased investment in sports, health clubs, and infrastructures such as gyms. Athletes and fitness enthusiasts require high-protein diets to maintain high energy levels for greater endurance and stamina. Therefore, their diets include egg white as a prominent source of protein. This has fueled the demand for processed eggs around the world. To meet this burgeoning demand, vendors in the processed egg industry are creating extracts with high concentrations of egg proteins. Considering these factors, the global processed egg market is likely to witness sound expansion over the forecast period.
Expanding Applications in Bakery Products to Steer Processed Egg Market Growth
Processed eggs have found a range of applications in the bakery industry. Due to a significant reduction in manual labor, processed eggs are heavily being used in the production of functional bakery products. Besides, consumers are also becoming more health conscious and preferring food products with healthy ingredients. This has propelled the demand for processed eggs in the bakery industry. Moreover, eggs improve fluffiness, enhance taste, and give an overall shiny finish to bakery products, stimulating growth across the processed egg market. These ongoing consumer trends in the bakery industry are projected to unlock novel growth opportunities in the global processed egg market in the upcoming years.
North America to Sustain Dominance in Global Processed Egg Market Owing to Easy Availability of Processed Eggs
North America is expected to maintain its lead in the global processed egg market. A range of egg-processed food products is popular and easily available in the region. Additionally, due to the hectic lifestyle of individuals, they are seeking healthy convenience food products. This coupled with increased awareness regarding egg health benefits such as improved immunity, and high nutritional value is further providing impetus to its market. The low cost associated with processed eggs heavily also plays a prominent role in their growing adoption. In the coming years, all these factors are expected to generate fresh business opportunities in the processed egg market.
Prominent Market Players
Some of the major market players in the processed egg market include Cal-Maine Foods Inc., Ballas Egg, Rose Acre Farms, Daybreak Foods, Rembrandt Enterprises Inc., Honeyville Inc., Pulviver, Interovo Egg Group BV, Dr. Oetker, and Gruppo Eurovo.
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