Market Research Report
Europe Processed Egg Market Growth, Trends, and Forecasts (2019 - 2024)
|Published by||Mordor Intelligence LLP||Product code||871467|
|Published||Content info||90 Pages
Delivery time: 2-3 business days
|Europe Processed Egg Market Growth, Trends, and Forecasts (2019 - 2024)|
|Published: April 1, 2019||Content info: 90 Pages||
The Europe processed egg market is forecasted to reach USD 31694.68 million by 2024 growing at a CAGR of 8.5% during the forecast period (2019 - 2024).
Europe processed egg is available as liquid eggs, powdered eggs, and frozen eggs. By application, the market is segmented as dairy products, bakery, confectionery, nutritional supplement, snacks, and other applications.
Europe Being the Major Exporter of Processed Egg Products
Convenience and ease of use and storage of processed eggs drive the egg processing market and thus leading to more export to other countries. Due to the increasing urban population, busy lifestyles and demand for healthy and convenience food, the consumption of processed eggs are increasing in other regions also. Processed eggs eliminate the need to manually break shells and separate various components of the egg. Moreover, due to technological advancements, processed eggs are more efficiently treated and pasteurized, hence assuring safety, reduced risk of contamination, and extended shelf life. Processed eggs are also majorly used as a source of high-quality protein in sports and bodybuilding.
Liquid Eggs are the Major Segment of Europe Processed Egg Market
Liquid eggs are convenient to use and are pasteurized and hygienically packed. They are available in various forms, such as whole egg liquid, egg yolk liquid, egg albumen liquid, and customized egg liquids (with ingredients). Europe shared almost 80% of the global imports of egg liquid, followed by Asia and North America. It is used in various applications, such as bakery, confectionery, dairy products, and snack bars. The food and beverage industry has also estimated greater demands for processed eggs, owing to increased consumption of fortified foods, such as cereals, fruit juices, and food spreads, in which processed liquid eggs are added.
Major players like EUROVO Srl, Louis Francois, Pulviver and IGRECA etc. The market is highly fragmented with the presence of many regional players. Key players would require high R&D investments in producing innovative products in order to cater to the changing consumer preferences on convenience food.