Global Egg Protein Market Size, Share, Growth Analysis, By Type(Egg White Protein, Whole Egg Protein), By Application(Food & beverages, nutrition), By Form(Solid, Liquid) - Industry Forecast 2024-2031

Global Egg Protein Market size was valued at USD 33.96 billion in 2022 and is poised to grow from USD 36.10 billion in 2023 to USD 58.85 billion by 2031, growing at a CAGR of 6.3% in the forecast period (2024-2031).

The market for egg protein has grown steadily on a global scale in recent years. This growth can be ascribed to a number of factors, such as the expanding uses of egg proteins in a variety of industries, including food and beverage, pharmaceuticals, and cosmetics, as well as the growing demand from consumers for high-quality protein sources and functional foods. The nutritional advantages of egg proteins-they are high in vital amino acids, vitamins, and minerals-have also helped explain why they are so widely used.

Furthermore, the quality and usefulness of egg protein products have been enhanced by technological developments in processing methods, increasing their adaptability for usage in a variety of goods. But in the upcoming years, difficulties with allergies and the possibility of price swings in the egg market could affect the market's growth trajectory for egg protein.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Egg Protein Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Egg Protein Market Segmental Analysis

The market for egg protein worldwide is divided into four segments: type, application, form, and geography. The market is divided into three types: whole egg protein, egg yolk protein, and egg white protein. It is separated into categories based on application, including food and drink, nutrition, feed, and cosmetics and personal care. It is divided into solid and liquid categories based on its shape. The market is split geographically into five major regions: North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Drivers of the Global Egg Protein Market

The increasing demand for animal-based protein and consumer preference for diets high in lean protein and low in fat have resulted in a significant increase in the use of animal-based protein sources such as eggs globally. Breakfast foods that have components that are higher in protein and fiber are in high demand on the market. This demand is a result of people all around the world adopting high-protein diets for their breakfasts. This change is expected to have a major impact on the global retail presence and market share of the egg protein industry.

Restraints in the Global Egg Protein Market

Inherent price instability in the egg industry is a major obstacle for the global egg protein market. Variations in the cost of feed, outbreaks of diseases affecting poultry, and imbalances in supply and demand can all have an impact on egg pricing. The production costs of egg protein products are directly impacted by this volatility, which creates uncertainty for manufacturers and may result in price variations for customers. One significant impediment to market expansion and investment could be the market's reliance on a stable and economical egg supply chain, which can impact the profitability and affordability of egg protein products.

Market Trends of the Global Egg Protein Market

Growing Need for Sustainable and Plant-Based Protein Alternatives: There is a growing trend among consumers to turn to plant-derived protein sources, such as egg proteins, as they become more aware of the effects on the environment and their health. This trend is spurring creativity in the creation of unique plant-based egg protein products that address sustainability and ethical issues in addition to accommodating a range of dietary choices.