The fortified eggs market is predicted to develop at an impressive 8.5% CAGR from 2023 to 2033, preceding the lower 8.7% CAGR witnessed between 2018 and 2022. This significant rise shows the demand for the fortified eggs market, increasing the market value from US$ 383.6 million in 2023 to US$ 821.9 million by 2033.
Increased levels of vitamins and omega-3 fatty acids are added to fortified eggs, which have several positive health effects. The global market for fortified eggs is driven by rising consumer awareness of their nutritional profile and application in the food processing industry. Fortified eggs are quite popular since they can be found in many dishes and help people consume the appropriate amounts of important nutrients.
With a predicted CAGR of 8.5% between 2023 and 2033, the global market for fortified eggs is anticipated to expand significantly. Fortified eggs have grown in popularity because of their higher nutrient and mineral content levels and the related health advantages. They are suggested as an alternative to omega-3 supplementation and have been connected to higher immunity, better cognitive function, and a lowered risk of disease. Fortified eggs help asthma and allergy sufferers recuperate along with important vitamin D. Fortified eggs are expected to continue to be popular as a healthy food due to their great nutritional value.
Key Takeaways from the Fortified Eggs Market:
- With a CAGR of 5.5% by 2033, the market for fortified eggs in India is anticipated to expand steadily.
- By 2033, the fortified egg market in the U.K. is predicted to develop at a healthy CAGR of 5.7%.
- The fortified eggs market in China is expected to grow rapidly, with a CAGR of 12% by 2033.
- The fortified eggs market in Australia is expected to grow slowly, with a CAGR of 2.6% by 2033.
- The fortified eggs market in Japan is expected to develop gradually at a CAGR of 4.4% by 2033.
Competitive landscape
Leading firms in the food and agriculture sectors, like Cargill, Cal-Maine Foods, and Darling Ingredients, have invested large amounts in research and development to create cutting-edge fortified egg products after seeing the commercial potential for fortified eggs. Thanks to their robust distribution networks and well-known brands, these businesses have a competitive edge in accessing a large consumer base.
The existence of conventional egg producers who are also investigating the fortification trend has increased competition in the market for fortified eggs. These manufacturers enter the market by utilizing their already-existing infrastructure and knowledge of egg production, adding fortified eggs to their current product offerings.
Alternative sources of nutrition, such as plant-based egg alternatives and other fortified food items, are also a threat to the market. These substitutes accommodate customers with particular dietary preferences or constraints, threatening future growth demand for fortified eggs.
Recent Developments in the Fortified Eggs Market:
- Eggland’s Best has designated Acosta as its official U.S. sales and marketing partner for Walmart and Sam’s Club as of January 2020. Eggland’s Best, the top-selling brand of eggs in the country, uses a unique production and quality-control procedure to ensure that each egg is of the highest caliber.
- NutririEgg has developed innovative methods to fortify eggs with vital nutrients like omega-3 fatty acids, vitamins, and minerals. These enhanced eggs provide additional health advantages over regular eggs, appealing to consumers who are looking for nutritious dietary options.
Fortified Eggs Market by Category
By Micronutrients:
- Vitamins
- Omega-3 fatty acids
- Others
By End Use Application:
- Food Processing
- Food Service Industry
- Retail/Household
- Modern Trade
- Traditional Grocery Stores
- Convenience Stores
- Specialty Stores
- Online Retail
- Wholesale Stores
- Other Sales Channel
By Region:
- North America
- Latin America
- Europe
- Middle East and Africa
- East Asia
- South Asia
- Oceania
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