Demand for egg products is expected to reach a valuation of US$ 11.3 Bn in 2021, according to the latest Fact.MR study. Value of the egg products market is expected to surge to US$ 23.1 Bn by 2031, exhibiting growth at a healthy CAGR of 7.4% over the next ten years.
The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and a far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Egg Products both at worldwide and provincial levels.
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Market Players: –
- Tyson Foods, Inc.
- Rembrandt Enterprises, Inc.
- Michael Foods Inc.
- SKM Egg Products Export
- Andros
- Daiya Foods Inc.
- The Kraft Heinz Company
- Ningbo Jiangbei Dexi Foods Co. Ltd.
- Barry Farms
- Hy-Line International
- Noble Foods Ltd
- Pilgrim’s Pride Corporation
- Tree Of Life Inc.
- Venkys India
Key partners in Market including industry players, policymakers, and financial backers in different nations have been persistently realigning their systems and ways to deal with carry out them to take advantage of new open doors. Numerous lately have updated their procedures to stay coordinated in the setting of overall disturbances brought about by the COVID-19 pandemic.
Key Segments Covered in Egg Products Industry Survey
- By Product Type
- Frozen
- Whole Eggs
- Egg Whites
- Egg Yolks
- Refrigerated Liquid
- Whole Eggs
- Egg Whites
- Egg Yolks
- Dried
- Whole Eggs
- Egg Whites
- Egg Yolks
- Specialty Egg Products
- Frozen
- By Target Group
- Food Processing Industry
- Bakery & Confectionery
- Creamy Sauces
- Ice Cream & Frozen Desserts
- Mayonnaise
- Noodles & Pasta
- Salad Dressings
- Others
- Food Service Providers
- Retail/Household
- Convenience Stores
- Discount Stores
- Grocery Stores
- Modern Trade
- Online Retail
- Specialty Food/Sports Stores
- Wholesalers
- Other Sales Channels
- Food Processing Industry
How are New Business Trends in China Impacting Demand for Egg Products?
Over the years, the Chinese market has shown new business model trends, which can be attributed to changing consumer preferences in the country. Personal care products for consumers and higher-end users, for example, are in high demand in the country.
Egg products are used in ice cream and frozen desserts as demand for these products are on the rise in emerging nations. China is the largest producer of eggs and one of the largest manufacturer of egg products. Attributed to these factors, the market in China is projected to surge at a CAGR of around 10.4% over the forecasted period.
Competition Landscape
Leading manufacturers of egg products are driven by a shift in consumer preference towards processed foods, rising demand for high-quality egg products, advances in egg processing technology, and increased consumer awareness in developing nations.
Fact.MR has provided detailed information about the price points of egg products of manufacturers positioned across regions, sales growth, production capacity, and speculative production expansion, in the recently published report.