Investment Opportunities in Egg White and Yolk Powder Business
Investment Opportunities in Egg White and Yolk Powder Business.
Egg powder is consumed on an oversized scale in food process industries, especially within the developed countries like Europe, the USA, Japan. The Indian egg powder factory is on its way to the Board for Industrial and money Reconstruction (BIFR). The worldwide egg powder market has been historically dominated by European markets. People of India commenced the export of this product around 3 years past. Demand for Indian egg powder had increase extravagantly. The new enterpriser watches out regarding smart quality raw materials, then he can get a smart market.
The manufacture of egg powder is a crucial section of egg consumption. It's employed in-store merchandise, egg shampoo producing egg soups, baby food merchandise, etc. The demand for egg powder is over its offer. Therefore, the event in poultry trade can market the egg powder. There's a decent scope for brand new entrepreneurs.
Global Market Scope
- The current market share of an Asian country to the enormous international market of $117 billion may be a meager 0.9 %, i.e., Rs 4,400 crore.
- India's biological process supplement market is predicted to double within the next four years to over Rs 17,000 crore.
- Indian market possesses demand for egg powder around 2300 MT/ year.
- The expansion Rate is >15% to half-hour. As an entire establishing Egg Powder Unit is one in all the project that has the sensible prospect for the entrepreneurs to speculate.
- The global egg powder market reached a volume of around twenty,6047 Tons in 2019.
- One of the most important factors driving the worldwide demand for egg powder is its long time and movability. Egg powder features a shelf-life of 5 to 10 years and is non-perishable, once keep in an air-tight instrumentality.
- Based on the kind, the worldwide egg powder market has been metameric into whole egg powder, food egg powder, and white egg powder.
- Whole egg powder presently represents the most important section. Region-wise, the global egg powder market has been segmented into Europe, Asia-Pacific, North America, Middle East, and Africa, and America.
- Amongst these, Europe drew the largest market. On the premise of end-use, bakeshop drew the most important application section for egg powder. Bakeshop was followed by sauces, dressings & mixes.
Some of the international key players within the trade embody - Sanovo cluster, Weko Group, Eurovo S.R.L., old master Enterprises opposition., Rose Acre Farms, Inc., Kewpie Egg Corporation, etc.
Related Books: - Food Processing, Food Industry, Agriculture, Agro Processing, Processed Food
Market Growth in India
- India’s egg product trade depends nearly absolutely on exports of egg powder, with the foremost markets being Europe and Japan. state and state account for nearly 1/2 of the country’s egg production.
- The largest producer of the egg is the state (Including Telangana) that produces thirty.5% of the complete egg production at intervals in the country.
- The state ranks second, producing 18.9% of the egg production. geographic area, state, and Haryana hold the following three ranks producing 6.5%, 6.4%, and 5.8% of the complete production severally.
- Gujarat ranks eleventh at intervals the country in terms of egg production, conducive concerning 2.1%.
Indian Major Players in This Business
- Balaji Foods & Feeds Ltd.
- Gayatri International Ltd.
- Indo-Dutch Proteins Ltd. Ovobel Foods Ltd.
- S K M Egg Products Export (India) Ltd.
- Western Foods Ltd.
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Related Project: - Egg Powder
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