The egg protein market is anticipated to be US$ 8,895.73 million in 2023. The market's growth is estimated to be steady from 2023 to 2033, with a CAGR of 6.7%. By the end of the forecast period in 2033, the market valuation is expected to reach US$ 17,048.18 million.
Consumption Analysis in the Egg Protein Market
| Attributes | Details |
|---|---|
| Egg Protein Market Value for 2023 | US$ 8,895.73 million |
| Projected Market Value for 2033 | US$ 17,048.18 million |
| Value-based CAGR of Market for 2023 to 2033 | 6.7% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The egg protein market size in 2018 was tipped to be US$ 6,765.34 million. The market's progression was steady in the historical period, with a likely CAGR of 5.5%.
Fitness continued to grow strong during the historical period. The pandemic further highlighted the need to maintain robust immune systems. Egg proteins are nutrient-rich and low in calories and are thus acknowledged to help strengthen the immune system. By the end of the historical period in 2022, the market valuation reached US$ 8,381.07 million.
| Attributes | Details |
|---|---|
| Egg Protein Market Value for 2018 | US$ 6,765.34 million |
| Historical CAGR (2018 to 2022) | 5.5% |
| Market Valuation in 2022 | US$ 8,381.07 million |
Long-term Analysis of Egg Protein Market from 2023 to 2033
The egg protein market is estimated to be US$ 8,895.73 million in size in 2023. The market is expected to progress at a modest CAGR of 6.7% for the forecast period.
The growth in the forecast period is set to outstrip the increase in the historical period. Fitness trends and the quest to improve immune systems are predicted to grow strong during the forecast period.
Egg protein is also growing in popularity in confluence with complementary products. Dietary supplements, emulsifiers, processed foods, and other industries that involve egg protein are pegged to grow strongly over the forecast period. Increasing demand for haircare and skincare products is also forecasted to aid the egg protein market. By 2033, when the forecast period ends, the market value is predicted to have reached US$ 17,048.18 million.
Principal Consultant
Apart from the egg protein market, Future Market Insights has gathered reports on markets of products in which egg protein is used. The names of the markets are the processed meat market and the dietary supplements market.
By looking at the markets where egg protein is used as material, it can be seen how the strong growth of adjacent markets is helping the egg protein market as well. Growing interest in processed and supplementary products is fueling the demand in the adjacent markets.
Egg Protein Market:
| Attributes | Egg Protein Market |
|---|---|
| Value-based CAGR (2023 to 2033) | 6.7% |
| Projected Market Value (2033) | US$ 17,048.18 million |
| Market Trends |
|
| Restraints |
|
| Growth Factors |
|
Processed Meat Market:
| Attributes | Processed Meat Market |
|---|---|
| Value-based CAGR (2023 to 2033) | 6.5% |
| Projected Market Value (2033) | US$ 634.5 billion |
| Market Trends |
|
| Restraints |
|
| Growth Factors |
|
Dietary Supplements Market:
| Attributes | Dietary Supplements Market |
|---|---|
| Value-based CAGR (2023 to 2033) | 9.1% |
| Projected Market Value (2033) | US$ 68.20 billion |
| Market Trends |
|
| Growth Factors |
|
Out of all the reasons for the consumption of egg protein, sports nutrition has emerged on top. In 2023, sports nutrition is expected to account for 19.4% of the market share by end-use application.
Athletes and sports enthusiasts prefer materials that help in the building of muscles while not containing harmful calories. Egg protein satisfies the demand among the sports crowd as it contains a high amount of nutrients without fats or calories. Thus, the adoption of egg protein is high in sports nutrition.
| Attributes | Details |
|---|---|
| Top End Use | Sports Nutrition |
| Market Share in 2023 | 19.4% |
Egg protein’s quality as a thickening agent makes its demand high among food manufacturers. In 2023, the thickening is expected to hold 20.8% of the market share by function.
The constantly expanding food & beverage industry is constantly in need of thickeners. Egg protein acts as a thickener and helps in the making of bread, cheesecakes, custards, and other products.
| Attributes | Details |
|---|---|
| Top Function | Thickening |
| Market Share in 2023 | 20.8% |
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Asia Pacific holds lucrative opportunities in the market. China already has a significant market share, and the region's growth is expected to continue. Japan joins China in terms of promising development in Asia. North America is another region where the market is going strong. The United States has a sizable share of the market.
| Countries | CAGR (2023 to 2033) |
|---|---|
| United States | 4.7% |
| Germany | 3.2% |
| Japan | 8.4% |
| Australia | 7.9% |
| China | 9.6% |
China is a flourishing region for the market and is expected to show increased growth over the forecast period. For the 2023 to 2033 period, the CAGR for China is expected to be a bountiful 9.6%.
China is expected to hold 8.8% of the market share in 2023. With the floodgates having been opened with the dropping of the one-child policy, China is spreading its roots in the supplement market. Thus, there is a demand for child nutrition products, which, in turn, helps the egg protein market.
Japan is another Asian country that holds promise for the market. The market is expected to be strong in Japan, with a CAGR of 8.4% over the forecast period.
A study found that, on average, a Japanese person consumes more eggs than any other in the world. The number is as high as almost one egg per day per Japanese person. Thus, there is an ever-rising production of eggs in the country, with production numbers increasing every year. The high amount of eggs being produced also means increased production of egg protein as well as the use of the product.
Australia is showing promising signs for the growth of the egg protein market. For the forecast period from 2023 to 2033, the market's progress in Australia is predicted to be healthy, with a CAGR of 7.9%.
The Australian population, especially the younger generation, is enamored of fitness trends. Sports nutrition is also of importance to the young Australian crowd. Thus, egg proteins, through the form of dietary supplements and sports supplements, are being consumed in increasing quantity in Australasia.
Significant investment is being made into research & development. Egg protein producers are looking to enhance the health properties of the product further. Research and development are also being sought to innovate the product, for example, with different flavor profiles.
The market needs to be more cohesive, with the established players having to contend with a growing list of smaller-scale players.
Recent Developments
The size of the egg protein market is expected to be US$ 8,895.73 million in 2023.
The egg protein market is forecasted to record a growth of 6.7% from 2023 to 2033.
The sales of egg proteins are expected to grow at a promising rate of 8.4% in Japan through 2033.
Cargill Inc., Rose Acre Farms, and IGRECA are prominent companies in the egg protein market.
The health-conscious population is looking for protein-based products and egg proteins in haircare and skincare products.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Flavour 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Flavour, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Flavour, 2023 to 2033 5.3.1. Regular/Unflavoured 5.3.2. Flavoured 5.4. Y-o-Y Growth Trend Analysis By Flavour, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Flavour, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use Application 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End Use Application, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End Use Application, 2023 to 2033 6.3.1. Bakery & Confectionery 6.3.2. Protein & Nutritional Bars 6.3.3. Breakfast Cereals 6.3.4. Functional Beverages 6.3.5. Dietary Supplements 6.3.6. Sports Nutrition 6.3.7. Infant Nutrition 6.3.8. Prepared Foods 6.3.9. Meat Analogs 6.3.10. Dressings, Sauces & Spreads 6.3.11. Pharmaceutical Products 6.3.12. Personal Care Products 6.4. Y-o-Y Growth Trend Analysis By End Use Application, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By End Use Application, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Function 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Function, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Function, 2023 to 2033 7.3.1. Thickening 7.3.2. Leavening 7.3.3. Binding 7.3.4. Preservatives/Antimicrobial 7.3.5. Emulsifying 7.3.6. Crystallization 7.3.7. Others 7.4. Y-o-Y Growth Trend Analysis By Function, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Function, 2023 to 2033 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2018 to 2022 8.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2023 to 2033 8.3.1. North America 8.3.2. Latin America 8.3.3. Western Europe 8.3.4. Eastern Europe 8.3.5. South Asia and Pacific 8.3.6. East Asia 8.3.7. Middle East and Africa 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 9.2.1. By Country 9.2.1.1. USA 9.2.1.2. Canada 9.2.2. By Flavour 9.2.3. By End Use Application 9.2.4. By Function 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Flavour 9.3.3. By End Use Application 9.3.4. By Function 9.4. Key Takeaways 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Flavour 10.2.3. By End Use Application 10.2.4. By Function 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Flavour 10.3.3. By End Use Application 10.3.4. By Function 10.4. Key Takeaways 11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. UK 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Western Europe 11.2.2. By Flavour 11.2.3. By End Use Application 11.2.4. By Function 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Flavour 11.3.3. By End Use Application 11.3.4. By Function 11.4. Key Takeaways 12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. Poland 12.2.1.2. Russia 12.2.1.3. Czech Republic 12.2.1.4. Romania 12.2.1.5. Rest of Eastern Europe 12.2.2. By Flavour 12.2.3. By End Use Application 12.2.4. By Function 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Flavour 12.3.3. By End Use Application 12.3.4. By Function 12.4. Key Takeaways 13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Bangladesh 13.2.1.3. Australia 13.2.1.4. New Zealand 13.2.1.5. Rest of South Asia and Pacific 13.2.2. By Flavour 13.2.3. By End Use Application 13.2.4. By Function 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Flavour 13.3.3. By End Use Application 13.3.4. By Function 13.4. Key Takeaways 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 14.2.1. By Country 14.2.1.1. China 14.2.1.2. Japan 14.2.1.3. South Korea 14.2.2. By Flavour 14.2.3. By End Use Application 14.2.4. By Function 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Flavour 14.3.3. By End Use Application 14.3.4. By Function 14.4. Key Takeaways 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 15.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 15.2.1. By Country 15.2.1.1. GCC Countries 15.2.1.2. South Africa 15.2.1.3. Israel 15.2.1.4. Rest of MEA 15.2.2. By Flavour 15.2.3. By End Use Application 15.2.4. By Function 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Flavour 15.3.3. By End Use Application 15.3.4. By Function 15.4. Key Takeaways 16. Key Countries Market Analysis 16.1. USA 16.1.1. Pricing Analysis 16.1.2. Market Share Analysis, 2022 16.1.2.1. By Flavour 16.1.2.2. By End Use Application 16.1.2.3. By Function 16.2. Canada 16.2.1. Pricing Analysis 16.2.2. Market Share Analysis, 2022 16.2.2.1. By Flavour 16.2.2.2. By End Use Application 16.2.2.3. By Function 16.3. Brazil 16.3.1. Pricing Analysis 16.3.2. Market Share Analysis, 2022 16.3.2.1. By Flavour 16.3.2.2. By End Use Application 16.3.2.3. By Function 16.4. Mexico 16.4.1. Pricing Analysis 16.4.2. Market Share Analysis, 2022 16.4.2.1. By Flavour 16.4.2.2. By End Use Application 16.4.2.3. By Function 16.5. Germany 16.5.1. Pricing Analysis 16.5.2. Market Share Analysis, 2022 16.5.2.1. By Flavour 16.5.2.2. By End Use Application 16.5.2.3. By Function 16.6. UK 16.6.1. Pricing Analysis 16.6.2. Market Share Analysis, 2022 16.6.2.1. By Flavour 16.6.2.2. By End Use Application 16.6.2.3. By Function 16.7. France 16.7.1. Pricing Analysis 16.7.2. Market Share Analysis, 2022 16.7.2.1. By Flavour 16.7.2.2. By End Use Application 16.7.2.3. By Function 16.8. Spain 16.8.1. Pricing Analysis 16.8.2. Market Share Analysis, 2022 16.8.2.1. By Flavour 16.8.2.2. By End Use Application 16.8.2.3. By Function 16.9. Italy 16.9.1. Pricing Analysis 16.9.2. Market Share Analysis, 2022 16.9.2.1. By Flavour 16.9.2.2. By End Use Application 16.9.2.3. By Function 16.10. Poland 16.10.1. Pricing Analysis 16.10.2. Market Share Analysis, 2022 16.10.2.1. By Flavour 16.10.2.2. By End Use Application 16.10.2.3. By Function 16.11. Russia 16.11.1. Pricing Analysis 16.11.2. Market Share Analysis, 2022 16.11.2.1. By Flavour 16.11.2.2. By End Use Application 16.11.2.3. By Function 16.12. Czech Republic 16.12.1. Pricing Analysis 16.12.2. Market Share Analysis, 2022 16.12.2.1. By Flavour 16.12.2.2. By End Use Application 16.12.2.3. By Function 16.13. Romania 16.13.1. Pricing Analysis 16.13.2. Market Share Analysis, 2022 16.13.2.1. By Flavour 16.13.2.2. By End Use Application 16.13.2.3. By Function 16.14. India 16.14.1. Pricing Analysis 16.14.2. Market Share Analysis, 2022 16.14.2.1. By Flavour 16.14.2.2. By End Use Application 16.14.2.3. By Function 16.15. Bangladesh 16.15.1. Pricing Analysis 16.15.2. Market Share Analysis, 2022 16.15.2.1. By Flavour 16.15.2.2. By End Use Application 16.15.2.3. By Function 16.16. Australia 16.16.1. Pricing Analysis 16.16.2. Market Share Analysis, 2022 16.16.2.1. By Flavour 16.16.2.2. By End Use Application 16.16.2.3. By Function 16.17. New Zealand 16.17.1. Pricing Analysis 16.17.2. Market Share Analysis, 2022 16.17.2.1. By Flavour 16.17.2.2. By End Use Application 16.17.2.3. By Function 16.18. China 16.18.1. Pricing Analysis 16.18.2. Market Share Analysis, 2022 16.18.2.1. By Flavour 16.18.2.2. By End Use Application 16.18.2.3. By Function 16.19. Japan 16.19.1. Pricing Analysis 16.19.2. Market Share Analysis, 2022 16.19.2.1. By Flavour 16.19.2.2. By End Use Application 16.19.2.3. By Function 16.20. South Korea 16.20.1. Pricing Analysis 16.20.2. Market Share Analysis, 2022 16.20.2.1. By Flavour 16.20.2.2. By End Use Application 16.20.2.3. By Function 16.21. GCC Countries 16.21.1. Pricing Analysis 16.21.2. Market Share Analysis, 2022 16.21.2.1. By Flavour 16.21.2.2. By End Use Application 16.21.2.3. By Function 16.22. South Africa 16.22.1. Pricing Analysis 16.22.2. Market Share Analysis, 2022 16.22.2.1. By Flavour 16.22.2.2. By End Use Application 16.22.2.3. By Function 16.23. Israel 16.23.1. Pricing Analysis 16.23.2. Market Share Analysis, 2022 16.23.2.1. By Flavour 16.23.2.2. By End Use Application 16.23.2.3. By Function 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Regional 17.3.2. By Flavour 17.3.3. By End Use Application 17.3.4. By Function 18. Competition Analysis 18.1. Competition Deep Dive 19. Assumptions & Acronyms Used 20. Research Methodology
Explore Food and Beverage Insights
View Reports
Egg Protein Market
