Egg Protein Market By Glorious Opportunities, Business Growth, Size, And Statistics Forecasts Up To 2032
The global egg protein market is expected to witness growth at a CAGR of 6.7% over the forecast period, reaching a valuation of US$ 16 Bn by 2032.
Consumers are focusing on maintaining health to improve body
immunity against foreign pathogens. Egg proteins are perceived as a healthy
food product that contains various amino acids which help in muscle building
that are not naturally present in the body.
Many manufacturers are focusing on improving the functional
ingredients in sports supplements and so demand for proteins is expected to
surge in the forthcoming years. Key players are focusing on developing variants
that have low-fat content and different flavors like chocolate and vanilla to
appeal to a wider range of audiences.
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Egg proteins have wide applications in different industries
such as food & beverage, sports nutrition personal care, and infant
nutrition. Asia is expected to be biggest consumer of baby food
products.
“High demand for egg proteins in personal care
products is expected to fuel the growth in the market. In addition to this,
increasing adoption of egg protein as a thickening agent in the food and
beverage sector will push demand in the market over the forecast period,” says
an FMI analyst.
Key Takeaways:
- By
flavor, sales of unflavored egg protein will increase at a 6.2% CAGR over
the forecast period.
- Based
on function, demand in the thickening segment will account for 22.3% of
the total market share by 2032.
- In
terms of end-use application, the sports nutrition segment will account
for 25.4% of the total egg protein market share.
- Sales
of egg protein in the U.S. market will increase at a 4.7% CAGR through
2032.
- The India egg
protein market valuation is projected to reach US$ 611.5 Mn in
2022.
Competitive Landscape
Key manufacturers of egg proteins are focusing on research
& development to offer effective formulations. Key players are
collaborating with ingredient manufacturers and are launching new product lines
to penetrate untapped markets. For instance:
- Davisco
Foods International, Inc. has launched New Specialty IP BiPRO® And WPC80.
Known for efficient digestion, a complete amino acid profile, and high
quantities of branched chain amino acids, these three new products are
expected to deliver the high protein quality. They could also be used to
alter texture and bind water in a range of food products.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an
impartial analysis of the global egg protein market, presenting historical data
(2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on Flavor
Type (Regular/Unflavored, Flavored), End-Use Application (Bakery &
Confectionery, Protein & Nutritional Bars, Breakfast Cereals, Functional
Beverages, Dietary Supplements, Sports Nutrition, Infant Nutrition, Prepared
Foods, Meat Analogs, Dressings, Sauces & Spreads, Pharmaceutical Products,
Personal Care Products, Dairy & Desserts, Others), Function (Thickening,
Leavening, Binding, Preservatives/Antimicrobial, Emulsifying, Crystallization,
Others), Region (North America, Latin America, Europe, East Asia, South
Asia, Oceania, MEA).
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Egg Protein Market by Category
By Flavor:
- Regular/Unflavored
- Flavored
By End Use Application:
- Bakery
& Confectionery
- Protein
& Nutritional Bars
- Breakfast
Cereals
- Functional
Beverages
- Dietary
Supplements
- Sports
Nutrition
- Infant
Nutrition
- Prepared
Foods
- Meat
Analogs
- Dressings,
Sauces & Spreads
By Function:
- Thickening
- Leavening
- Binding
- Preservatives/Antimicrobial
- Emulsifying
- Crystallization
- Others
By Region:
- North
America
- Latin
America
- Europe
- East
Asia
- South
Asia
- Oceania
- MEA
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.2. Scenario Forecast
3.3. Product launches & Recent Developments
3.4. Product Life Cycle Analysis
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