Egg powder is essentially a dried or dehydrated form of eggs. This transformation from the familiar form of eggs that we know to a powdered substance happens through a process known as spray drying. In this procedure, fresh eggs are broken and the yolks and whites are separated. They are then pasteurized to eliminate any bacteria. The pasteurized eggs are sprayed into a heated chamber, where the water evaporates, resulting in a fine, dry powder. This powder can either be a blend of both the egg white and yolk, or it can be exclusively one or the other, depending on its intended use. The resulting product is easy to store, long-lasting, and retains much of the nutritional value of fresh eggs. It can be rehydrated by adding water and used in place of fresh eggs in a variety of recipes and dishes.
The Nutritional Benefits of Egg Powder
The appeal of any food product usually hinges on its nutritional value, and egg powder stands out in this regard. This condensed, dehydrated form of eggs is a powerhouse of vital nutrients, including proteins, vitamins A, D, E, B12, and essential minerals like selenium. Moreover, it serves as a reliable source of riboflavin and pantothenic acid. These nutrients are critical for the body's energy production and overall well-being. One remarkable aspect of egg powder is its high protein content. A single serving of egg powder is equivalent to the protein value of two large eggs, making it an attractive option for individuals aiming to amplify their protein intake. Whether you're an athlete looking to enhance muscle recovery, a vegetarian seeking a valuable protein source, or someone simply trying to maintain a balanced diet, egg powder can meet your protein needs in a convenient, easy-to-use form.
In sum, the nutritional profile of egg powder is quite impressive, and it is this rich composition that significantly contributes to its rising popularity and demand.
Why to Start This Industry?
It’s clear that there's a great potential for growth in the egg powder industry. But what makes it a particularly attractive venture for new and existing businesses. There are several compelling reasons. The rising consumer awareness and focus on health and nutrition make egg powder a timely product. Its high protein content, coupled with an array of essential vitamins and minerals, meets the consumer demand for nutrient-dense food options. The increasing popularity of fitness regimes and protein-rich diets also play a pivotal role in the surge in demand for egg powder. The convenience and versatility of egg powder make it a valuable addition to a wide array of food products. From baked goods and sauces to protein shakes and emergency food kits, the potential applications of egg powder are vast and varied. This offers businesses a broad market and numerous opportunities for innovation and product development. The extended shelf life and ease of storage of egg powder equate to lower storage and logistics costs compared to fresh eggs. There is no need for refrigeration and the product is also more compact and lighter, making it easier and more cost-effective to transport.
Global Market Outlook
Global Egg Powder Market size is estimated to touch USD 3.92 billion by 2030 and anticipated to grow at a CAGR of around 4.5% during the forecast period, i.e., 2024-30. The Egg Powder market has experienced steady growth in recent years and is expected to continue expanding in the forthcoming years as well. The market growth can be attributed to the rising demand for convenient and shelf-stable egg-based products, driven by busy lifestyles and a focus on convenience foods across the globe.
Egg powder helps in the production of oil-based emulsions which are essential for medicine preparation. This preparation is mainly driven by the unique properties of egg yolk and its ability to serve as an emulsifying agent in vaccine formulations. Pharmaceutical firms such as Sanofi, MannKind, etc. use egg powder to manufacture various flu vaccines, yellow fever vaccines, rubella vaccines, etc. which are further anticipated to enhance the market size during 2024-2030.
Egg powders are easily available across the globe and are highly utilized in the formulation of protein-rich food products such as protein bars, protein powders, etc. The rising trend of protein consumption is expected to fuel the demand for egg powder globally driving the growth of the market in upcoming years.
The North American region is expected to hold a major share of the market owing to the increasing emphasis of consumers on healthy & active lifestyles, eating well, and exercising regularly. The rapid acceptance of egg protein in dietary supplements in North America is poised to stimulate product demand owing to its low cost, ease of processing, and high nutrient profile.
Indian Market Outlook
India Egg Powder Market has valued at USD 36.87 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 7.1% through 2029. The India Egg Powder Market is a dynamic and evolving sector within the country's food industry. Egg powder, derived from the dehydration and processing of eggs, has gained significant traction in recent years due to its versatility, convenience, and extended shelf life.
The food processing industry is a significant consumer of egg powder in India. It is used in the production of baked goods, pasta, mayonnaise, and other processed foods. The consistency and reliability of egg powder as an ingredient make it indispensable in large-scale food production.
India's egg powder market also has significant export potential. The country exports egg powder to various international markets, contributing to its trade balance and enhancing the global reach of Indian egg powder products.
As consumers become more health-conscious, there is a growing demand for products that offer nutritional benefits. Egg powder, with its protein content and versatility, aligns with the health and wellness trends in the food industry.
While the India Egg Powder Market has shown promise, it faces challenges related to quality control, supply chain logistics, and competition from alternative protein sources. Ensuring consistent product quality and addressing supply chain issues are critical for sustained growth.
Conclusion
The egg powder industry represents a lucrative opportunity given the rising consumer demand for nutrient-rich, convenient food options. The reduced logistics costs, combined with a growing global market, offer a promising landscape for businesses looking to enter or expand within this industry. Therefore, whether you're a startup looking for an innovative product idea or an existing business seeking to diversify, the egg powder industry warrants serious consideration.
Key Players
· SKM EGG Products Exports (India) Limited
· Venkys Group
· Ovobel Foods Limited
· EGGWAY International Asia Private Limited
· GoodWin Conveyor Tex
· Sachit Industries
· SAFA AGRO Pvt. Ltd.
· VitaeGen Life Sciences
· AgroEgg Pte Ltd
· Egg Domain Pty Ltd
· Eurovo S.R.L.
· Rembrandt Enterprises Inc.
· Rose Acre Farms, Inc.
· Kewpie Egg Corporation