Egg White Powder Market to register a CAGR of ~11% by 2029 with Healthy Growth; FMI Report

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Egg White Powder Market is growing with CAGR of
11 by 2029 Merck KGaA, HiMedia Laboratories
Pvt. Ltd.
Report Id REP-GB-6804 Published On  Jul
23,2019 Category Food and Beverages

• July 2020

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Egg White Powder Market Analysis
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. 
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Egg 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.
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Egg White Powder Market Analysis

• 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.
• Press Release Source https//www.prnewswire.com/n
  ews-releases/egg-white-powder-market-will-observe-
  11-cagr-over-2019-to-2029--future-market-insights-
  300892143.html
• More from Food and Beverages
• Eggshell Membrane Powder Market
• Black Treacle Market
• Pumpkin Seed Protein Market Analysis

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