Title: Egg White Powder Market to Showcase Healthy Expansion at ~11% CAGR During 2019 - 2029
1Egg White Powder Market
Report Id REP-GB-6804 Published On
July-2019 Category Food and Beverages
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3Research Methodology (1/2)
- Systematic Research Approach
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4Egg White Powder Market Analysis
- Egg White Powder Market to Register Steadfast
CAGR of 11 in Terms of Value Over Forecast
Period, 2019 2029 - VALLEY COTTAGE, New York /PRNewswire/ -- The
global egg white powder market is likely to be
valued at US 1.3 Bn in 2019, and will witness
strong growth in revenues in the near future, as
indicated by a new Future Market Insights (FMI)
study. The demand for egg white powder is
increasing rapidly in line with growing
applicability in multiple verticals, including
food processing, pharmaceuticals, cosmetics
personal care, beverage processing, and dietary
supplements. - FMI's report opines that while North America and
Europe will remain prominent markets for egg
white powder sales, the attractiveness of East
Asian market is rising at a brisk pace. The study
anticipates the growth of this market to be
propelled by the expansion of food processing
sector, coupled with the widening applicability
of egg white powder in cosmetic and personal care
industry, across East Asia, particularly China,
South Korea, and Japan. - Convenient storage, affordability, and lasting
shelf life of egg white powder continue to
solidify its growing popularity over fresh eggs,
among end users. While this remains a strong
factor pushing demand for egg white powder, the
stakeholders stand still staring at the potential
impact of the 'vegan' trend, thriving all over
the globe. The trend of veganism is observing its
second wave of growth in developing countries,
which further poses a threat to the egg white
powder market, in both, developed and developing
regional markets.
5Egg White Powder Market Analysis
- 'Protein Supplements' - Key Category Pushing
Sales - The analysis of egg white powder market on the
basis of end use reveals that dietary supplements
will continue to account for a prominent value
share in the global egg white powder market.
While the prevalence of chronic ailments is
rising at an alarming rate, nutritional
supplements have become an integral part of the
lifestyle of a sizeable consumer pool. Moreover,
the growing criticality of consuming protein-rich
foods as a part of routine diet necessitates the
adoption of wholesome protein sources, such as
egg white powder. - The FMI study offers deep-dive analysis of the
egg white powder market, which suggests that
sales in B2B category will remain prominent in
the long run, whereas that in B2C category will
be modest. Revenue contribution from B2C sales of
egg white powder is primarily sustained by
hypermarkets and supermarkets, as the
availability of protein-rich ingredients at
retail and convenience stores is improving
rapidly. - Egg White Powder Market Vendor Insights
- The report highlights some of the prominent
market players, who have established themselves
as leaders in the global egg white powder market.
Some of the examples of key players in the global
egg white powder market are Merck KGaA, HiMedia
Laboratories Pvt. Ltd., Kewpie Corporation, NOW
Health Group, Inc., Taiyo Kagaku Co. Ltd,
AvangardCo Investments Public Limited, SANOVO
TECHNOLOGY GROUP, IGRECA, JW Nutritional, LLC,
Rembrandt Foods, and Rose Acre Farms.,
Caneggs.com, Ovostar, Deps, and others.
6Egg White Powder Market Analysis
- The global market for egg white powder is
expected to expand at a CAGR of 11 between the
forecast period 2019-2029. - Press-Release Source https//www.prnewswire.com/
news-releases/egg-white-powder-market-will-observe
-11-cagr-over-2019-to-2029--future-market-insights
-300892143.html - About Us
- Future Market Insights (FMI) is a leading market
intelligence and consulting firm. We deliver
syndicated research reports, custom research
reports and consulting services which are
personalized in nature. FMI delivers a complete
packaged solution, which combines current market
intelligence, statistical anecdotes, technology
inputs, valuable growth insights and an aerial
view of the competitive framework and future
market trends. - Contact UsMr. Abhishek Budholiya616 Corporate
Way, Suite 2-9018Valley Cottage, NY 10989United
States - T 1-347-918-3531F 1-845-579-5705
7Egg White Powder Market Analysis
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