Egg Products Processing Market: Competitive Analysis and Global Outlook 2022-2028
Stratview Research has recently published a report on the Egg Products Processing Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028.
The market is segmented By Type (Dried Egg Products, Liquid Egg Products, Frozen Egg Products), Application (Bakery, Confectionery, Dairy Products, Ready-To-Eat Meals (RTE), Soups & Sauces, Other), and Region.
Egg Products Processing Market Analysis:
Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Egg Products Processing Market is projected to grow from USD 28.18 billion in 2021 to reach USD 35.96 billion by 2028 at a CAGR of around 3.48% during the forecast period.
Some of the companies drive the market growth:
- SANOVO TECHNOLOGY A/S (Denmark),
- Moba BV (Netherlands),
- lnterovo Egg Group BV (Netherlands),
- Avril Group (France),
- Cal-Maine Foods, Inc. (The U.S).
- EUROVO Srl (Italy),
- Actini Group (The U.S),
- Pelbo Srl (Italy),
- lgreca SA (France), and
- Bouwhuis Enthoven BV (Netherlands).
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Segments Analysis
Application Trends
The market has been bifurcated into bakery, confectionery, dairy products, ready-to-eat meals (rte), soups & sauces and other. Under these, the bakery segment accounted for the largest market share in 2021 and is projected to register significant progress during the review period. The segment progress can be attributed to increasing consumption of bakery products across the globe.
Regional Trends
By region, the market in North America accounted for the largest market share in 2021 and is projected to grow at a significant CAGR during the assessment period. The regional growth can be attributed to high demand for egg products in the food & beverage industry. The market in Asia-Pacific is expected to register fastest progress on account of rapidly expanding food & beverage industry. China held the largest share in Asia-Pacific market in 2021.
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
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