Egg Processing Global Market Report 2024

Description

Egg Processing Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on egg processing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
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Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
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Where is the largest and fastest growing market for egg processing? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The egg processing market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Product Form: Whole Egg; Egg Yolk; Egg White
2) By Product Type: Dried Egg Products; Liquid Egg Products; Frozen Egg Products
3) By Application: Bakery and Confectionery; Dairy Products; Ready-to-Eat; Soups and Sauces; Other Applications
Companies Mentioned: Cargill Inc.; Archer Daniels Midland Company; Arla Foods Ingredients Group P/S; DuPont de Nemours Inc.; Kerry Group plc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Egg processing involves the transformation of raw eggs into various products through processes such as filtration, blending, stabilization, pasteurization, cooling, freezing or drying, and packing.

The main categories of egg processing are whole egg, egg yolk, and egg white. Whole egg consists of both the albumen (white) and the yolk (yellow), each contributing unique health benefits. The processing of whole egg aims to eliminate Salmonella without altering the properties of the final egg product. The resulting products can take the form of dried egg products, liquid egg products, and frozen egg products. These processed egg products find applications in various industries, including bakery and confectionery, dairy products, ready-to-eat foods, soups and sauces, and others.

The egg processing market research report is one of a series of new reports from The Business Research Company that provides egg processing market statistics, including egg processing industry global market size, regional shares, competitors with an egg processing market share, detailed egg processing market segments, market trends and opportunities, and any further data you may need to thrive in the egg processing industry. This egg processing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The egg processing market size has grown steadily in recent years. It will grow from $28.33 billion in 2023 to $29.26 billion in 2024 at a compound annual growth rate (CAGR) of 3.3%. The growth in the historic period can be attributed to an increase in egg consumption, the industrialization of poultry farming, consumer demand for protein, food safety measures, expansion of the ready-to-eat market, economic growth, and urbanization.

The egg processing market size is expected to see steady growth in the next few years. It will grow to $33.93 billion in 2028 at a compound annual growth rate (CAGR) of 3.8%. The anticipated growth in the forecast period can be attributed to the adoption of sustainable egg production practices, the development of customized product solutions, government initiatives promoting nutrition, the increasing popularity of plant-based alternatives, and the globalization of food supply chains. Key trends expected in this period include the integration of technology in processing, advancements in packaging solutions, increased investment in research and development, collaborations within the food industry, and the growth of online retail and direct-to-consumer channels.

The egg processing market is experiencing growth, driven by the increasing demand for ready-to-eat and convenience foods. Consumers' preference for shelf-stable products that offer convenience and time savings has led to a surge in the consumption of ready-to-eat (RTE) foods. Eggs, processed through specialized egg processing techniques, are utilized in creating specialty egg products directly sold as convenient food options for consumers and restaurants. Notably, snack sales in the US increased by 5% in the first half of 2021 compared to 2020, and sales of refrigerated lunch products and frozen novelties experienced substantial growth in 2021. This trend underscores the significant impact of the rising demand for convenient food options on the egg processing market.

The growth of the world population is a key factor propelling the expansion of the egg processing market. As the global population steadily increases, reaching an estimated 9.7 billion by 2050, the demand for food also rise. Eggs and processed egg products, being rich in protein and versatile, play a vital role in meeting this growing demand. The versatility of egg products makes them suitable for various culinary applications, contributing to their popularity as a staple food item. As the population continues to grow, the egg processing market is well-positioned to address the escalating demand for nutritious and protein-rich food options.

Technological advancements stand out as a prominent trend shaping the egg processing market. Major companies in the industry are actively integrating advanced technologies to enhance productivity, improve yield, and gain a competitive edge. An illustrative example is Sanovo, a Denmark-based egg processing company, which recently introduced the HatchPerformance Line. This innovative egg-handling solution, specifically designed for fertile and vulnerable eggs, comprises electronic egg grading, an egg packer, and a trolley loader. These modules collectively elevate egg quality, increasing hatchability rates while minimizing the risk of contamination. This demonstrates how technological advancements are pivotal in enhancing efficiency and maintaining high standards in egg processing.

Innovation in product development is a key strategy adopted by major players in the egg processing market to sustain their positions. Companies are introducing groundbreaking solutions like the Vision Weighing system, which utilizes camera and AI technology to reduce the need for additional machinery and labor. Moba, a Netherlands-based manufacturer, launched this system, leveraging AI to recognize visual characteristics unique to each egg, correlating them with crack levels and weight. Trained with extensive datasets, the AI continuously refines its detection accuracy, providing multiple benefits to egg producers throughout the production process. This focus on innovation ensures that companies stay competitive and deliver enhanced products to meet evolving market demands.

In September 2021, Symrise, a Germany-based producer of flavors and fragrances, successfully acquired the egg processing plant from Michael Foods for an undisclosed amount. This strategic move, under the IsoNova brand within the Symrise Flavor and Nutrition segment, is aimed at addressing the increasing demand from multiple customers. Additionally, it will enable the optimization of capacity in other facilities, positioning IsoNova for future expansions. Michael Foods, based in the US, is a prominent manufacturer, processor, and distributor specializing in value-added eggs for food service, ingredients, and retail markets.

Major companies operating in the egg processing market report are Cargill Inc., Archer Daniels Midland Company, Arla Foods Ingredients Group P/S, DuPont de Nemours Inc., Kerry Group plc., Ingredion Incorporated, Glanbia PLC, Tate & Lyle PLC, Puratos Group, Midwest Grain Products Inc., Fiberstar Inc., Florida Food Products LLC, All American Foods Inc., Orgran Natural Foods, Ener-G Foods Inc., Cal-Maine Foods Inc., Rose Acre Farms Inc., Rembrandt Enterprises Inc., Michael Foods Inc., Hickman's Family Farms Inc., National Food Corporation, Daybreak Foods Inc., Midwest Poultry Services LP, Sauder's Eggs, Hillandale Farms, Sparboe Farms Inc., Weaver Brothers Inc., Herbruck's Poultry Ranch, Trillium Farm Holdings LLC, Centrum Valley Farms LLP, Avril SCA, Bouwhuis Enthovan BV, Eurovo SRL, Igreca SA, Interovo Egg Group BV, Moba BV, Ovobel Foods Limited, Sanovo Engineering AS, Pelbo SPA

North America was the largest region in the egg processing market share in 2023. The regions covered in the egg processing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the egg processing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The egg processing market includes revenues earned by entities by providing breaking, filtering, mixing, and packaging eggs. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r12657

1. Executive Summary

2. Egg Processing Market Characteristics

3. Egg Processing Market Trends And Strategies

4. Egg Processing Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Egg Processing Market Size and Growth

5.1. Global Egg Processing Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Egg Processing Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Egg Processing Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Egg Processing Market Segmentation

6.1. Global Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Whole Egg
Egg Yolk
Egg White
6.2. Global Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Dried Egg Products
Liquid Egg Products
Frozen Egg Products
6.3. Global Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Bakery and Confectionery
Dairy Products
Ready-to-Eat
Soups and Sauces
Other Applications

7. Egg Processing Market Regional And Country Analysis

7.1. Global Egg Processing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Egg Processing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Egg Processing Market

8.1. Asia-Pacific Egg Processing Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Egg Processing Market

9.1. China Egg Processing Market Overview
9.2. China Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Egg Processing Market

10.1. India Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Egg Processing Market

11.1. Japan Egg Processing Market Overview
11.2. Japan Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Egg Processing Market

12.1. Australia Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Egg Processing Market

13.1. Indonesia Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Egg Processing Market

14.1. South Korea Egg Processing Market Overview
14.2. South Korea Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Egg Processing Market

15.1. Western Europe Egg Processing Market Overview
15.2. Western Europe Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Egg Processing Market

16.1. UK Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Egg Processing Market

17.1. Germany Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Egg Processing Market

18.1. France Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Egg Processing Market

19.1. Italy Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Egg Processing Market

20.1. Spain Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Egg Processing Market

21.1. Eastern Europe Egg Processing Market Overview
21.2. Eastern Europe Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Egg Processing Market

22.1. Russia Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Egg Processing Market

23.1. North America Egg Processing Market Overview
23.2. North America Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Egg Processing Market

24.1. USA Egg Processing Market Overview
24.2. USA Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Egg Processing Market

25.1. Canada Egg Processing Market Overview
25.2. Canada Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Egg Processing Market

26.1. South America Egg Processing Market Overview
26.2. South America Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Egg Processing Market

27.1. Brazil Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Egg Processing Market

28.1. Middle East Egg Processing Market Overview
28.2. Middle East Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Egg Processing Market

29.1. Africa Egg Processing Market Overview
29.2. Africa Egg Processing Market, Segmentation By Product Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Egg Processing Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Egg Processing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Egg Processing Market Competitive Landscape And Company Profiles

30.1. Egg Processing Market Competitive Landscape
30.2. Egg Processing Market Company Profiles
- 30.2.1. Cargill Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Archer Daniels Midland Company
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Arla Foods Ingredients Group P/S
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. DuPont de Nemours Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Kerry Group plc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Egg Processing Market Competitive Benchmarking

32. Global Egg Processing Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Egg Processing Market

34. Egg Processing Market Future Outlook and Potential Analysis

34.1 Egg Processing Market In 2028 - Countries Offering Most New Opportunities
34.2 Egg Processing Market In 2028 - Segments Offering Most New Opportunities
34.3 Egg Processing Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer