Egg White Protein Powder Market Size, Share, Growth, and Industry Growth by Type (Liquid and Powder) By Application (Food Industry, Biotechnology, Cosmetic Industry, and Pharmaceutical and Dietary Supplement), Regional Insights, and Forecast To 2031

Updated On: 08 July 2024

Egg White Protein Powder Market REPORT OVERVIEW

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The global egg white protein powder market size was USD 1651.94 million in 2021 and market is projected to touch USD 4853.4 million by 2031, at a CAGR of 11.38% during the forecast period.

Egg white protein powder is made by removing the yolk, and the remaining white egg is converted into a fine powder. White egg protein powder contributes to the increase the protein intake in the body.

High need for protein in dietary supplements and the egg white powder will provide the same amount of protein as a regular egg. The powder is low in carbohydrate content, lactose-free, and reduced weight per volume to whole eggs. Health benefits associated with a powder such as fat-free and cholesterol. The market is expected to grow due to the high demand for the cosmetic sector and food and beverage sector. The long shelf and easy portability of the product are estimated to drive market growth in the forthcoming years. Several advantages of the product such as more uniformity and better self-life and ease of consumption are anticipated to foster market progress. On the contrary, fluctuating prices of eggs due to limited shelf-life are predicted to limit the market growth.

COVID-19 Impact: High Demand for Packaged Food Items and Health Awareness among People to Drive Market Growth

Increased awareness about healthy diets to increase body immunity. The sudden outbreak of the COVID-19 pandemic lifted a preference towards healthy food.  Huge need for a strong immune system to fight against coronavirus. Also, huge need for packaged food due to the shutting of several markets and the allowance of groceries. These factors boosted market growth during the pandemic period.

LATEST TRENDS

"Growing Uses of the Product as Dietary Supplement to Foster Market Growth "

Increased use of the product as a dietary supplement is estimated to drive market progress. High need for protein in daily intake and a growing need for easy and ready-use supplements. The product can be used while preparing ice cream, cake, and others. A hectic lifestyle and increased spending capacity of the consumer are projected to foster market growth. Several advantages of the product such as more uniformity and better self-life and ease of consumption are anticipated to foster market progress. Further, huge awareness about the product and growing marketing strategies is anticipated to drive egg white protein powder market growth in the forthcoming years.

Egg White Protein Powder Market SEGMENTATION

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• By Type

Based on type, the market is divided into liquid and powder.

Powder is expected to be the top part of type segmentation

• By Application

Based on the application, the market is divided into the food industry, biotechnology, cosmetic industry, and pharmaceutical and dietary supplement,

The food industry is expected to be the top part of application segmentation.

DRIVING FACTORS

"Excellent Option for Lactose-Intolerance People to Improve Market Progress"

The product is an excellent option for lactose-intolerant people to add protein to their daily diet. It has several advantages such as high protein content and low-calorie. Protein is one of the crucial vital nutrients for healthy body function and lifestyle. Consumption of the product will help to maintain the protein intake. Further, it will provide several benefits such as maintaining blood pressure and lowering the risk of cardiovascular diseases. Also, it offers to repair the bodybuilding muscles. These factors are anticipated to drive market progress in the forthcoming years. An increasing number of lactose-intolerance populations across the globe is expected to drive market performance. 

"Increased Need for Protein-Rich Products to Fuel Market Progress "

High need for protein in dietary supplements and the egg white powder will provide the same amount of protein as a regular egg. The powder is low in carbohydrate content, lactose-free, and reduced weight per volume to whole eggs. Health benefits associated with a powder such as fat-free and cholesterol. The market is expected to grow due to the high demand for the cosmetic sector and food and beverage sector. The long shelf and easy portability of the product are estimated to drive market growth in the forthcoming years. Several advantages of the product such as more uniformity and better self-life and ease of consumption are anticipated to foster market progress.

RESTRAINING FACTORS

"Fluctuating Prices of Eggs to Limit Market Growth "

Fluctuating prices of eggs due to limited shelf life are predicted to limit the market growth.

Egg White Protein Powder Market REGIONAL INSIGHTS

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"Increased Specialty Stores of Protein-Rich Supplements in North America to Drive Market Share "

North America is estimated to account for the largest egg white protein powder market share owing to an increased number of specialty stores of protein-rich supplements. The rise in lactose intolerance among the population and the presence of market players in the region is anticipated to drive market growth. New product launches and rapid innovation are estimated to fuel market growth. Several advantages of the product such as more uniformity and better self-life and ease of consumption are anticipated to foster market progress. Further, huge awareness about the product and growing marketing strategies is anticipated to drive market growth in the forthcoming years.

KEY INDUSTRY PLAYERS

"Leading Players Adopt New Strategies to Stay Competitive"

The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• Dalian Hanovo Foods Co., Ltd (China)
• The Eurovo Group (Italy)
• Daiichi-Kasei Co., Ltd. (Japan)
• Merck (Germany)
• IGRECA France (France)
• Bouwhuis-Enthoven (Netherlands)
• Aqua Lab Technologies (India)
• HiMedia Laboratories (India)
• Rose Acre Farms (U.S.)
• SANOVO TECHNOLOGY GROUP (Denmark)
• Taiyo International (U.S.)
• Kewpie Corporation (Japan)
• GF Ovodry S.p.a.

REPORT COVERAGE

This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.