Egg Yolk Powders Market Size was estimated at 1.52 (USD Billion) in 2022. The Egg Yolk Powders Industry is expected to grow from 1.59 (USD Billion) in 2023 to 2.42 (USD Billion) by 2032. The Egg Yolk Powders Market CAGR (growth rate) is expected to be around 4.77% during the forecast period (2024 - 2032).
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
The growing demand for easy and shelf-stable egg products is behind the steady rise of the egg yolk powder market. One major factor is the growing use of egg yolk powders in the bakery, confectionery, and food processing sectors.
The creation of novel uses and useful components present growth prospects. As an example, modified egg yolk powders that are more useful and soluble are becoming more and more popular. Furthermore, there are prospects for egg yolk powders as a source of protein and antioxidants due to the increased awareness of health issues.
A recent trend is the desire for egg yolk powders manufactured with natural components due to the growing demand for clean-label egg products. Egg yolk powders could become more popular as a plant-based egg yolk alternative in vegan and vegetarian goods as the plant-based food industry grows. Additionally, improvements in drying technology should prolong the shelf life and improve the quality of egg yolk powders, leading to increased use in the upcoming years.
The growing popularity of convenience foods, particularly in urban areas with busy lifestyles, is propelling the demand for egg yolk powders. These powders offer a convenient and shelf-stable alternative to fresh egg yolks, making them ideal for use in processed foods, baked goods, and sauces. The increasing number of working professionals, single-parent households, and time-constrained consumers is contributing to the surge in demand for convenient food options, which is, in turn, driving the growth of the Egg Yolk Powders Market.
The expansion of the food and beverage industry, particularly in emerging markets, is another key driver of the Egg Yolk Powders Market. Egg yolk powders are widely used in the production of various food and beverage products, including mayonnaise, dressings, sauces, confectionery, and bakery products. The growth of the food and beverage sector, coupled with the increasing disposable income and changing dietary habits in developing countries, is expected to continue to fuel the demand for egg yolk powders.
Technological advancements in egg yolk powder production have also contributed to the growth of the Egg Yolk Powders Market. Improved spray-drying techniques and the development of new egg yolk powder formulations have resulted in powders with enhanced flavor, functionality, and nutritional value. These advancements have expanded the applications of egg yolk powders and made them more attractive to food manufacturers.
The Egg Yolk Powders Market is segmented based on form into powder and liquid. In 2023, the powder segment accounted for a larger market share and is expected to continue its dominance throughout the forecast period. The growth of the powder segment can be attributed to its longer shelf life, ease of transportation, and wide range of applications. The powder form of egg yolk is obtained by spray drying or freeze-drying liquid egg yolk. It has a moisture content of less than 5% and can be stored for up to two years. Powdered egg yolk is commonly used in the food industry as an ingredient in various products such as baked goods, mayonnaise, and dressings.
It is also used in nutritional supplements and pet food. The liquid form of egg yolk is less commonly used than the powder form. It has a moisture content of around 50% and must be refrigerated. This growth is driven by the increasing demand for egg yolk powders in the food industry, particularly in the bakery and confectionery sectors. Additionally, the growing popularity of egg yolk powders in nutritional supplements and pet food is expected to drive market growth further.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
The origin segment of the Egg Yolk Powders Market is bifurcated into Hen Eggs and Duck Eggs. Hen Eggs held the largest market share of around 80% in 2023 and is expected to maintain its dominance throughout the forecast period 2024-2032. The wider availability and lower cost of hen eggs compared to duck eggs contribute to their higher market share. However, duck eggs are gaining popularity due to their higher nutritional value and distinct flavor, leading to a steady increase in their market share. The Egg Yolk Powders Market from duck eggs is anticipated to witness a CAGR of 5.2% over the forecast period.
The Egg Yolk Powders Market is segmented into Food, Confectionery, Pharmaceuticals, and Cosmetics based on application. The Food segment held the largest market share in 2023, accounting for over 55% of the Egg Yolk Powders Market revenue. This is due to the increasing demand for egg yolk powders in food products such as bakery, confectionery, and dairy products. The Confectionery segment is also expected to witness significant growth, driven by the rising popularity of egg yolk powders in chocolate and other confectionery products.
The Pharmaceuticals and Cosmetics segments are expected to grow at a steady pace, driven by the increasing use of egg yolk powders in pharmaceutical and cosmetic products.
The Egg Yolk Powders Market is segmented based on function into emulsifiers, stabilizers, thickeners, and gelling agents. Among these, the emulsifier segment accounted for the largest market share in 2023 and is projected to maintain its dominance throughout the forecast period. This is primarily attributed to the increasing use of egg yolk powders as emulsifiers in various food applications, including bakery products, salad dressings, and sauces. The stabilizer segment is expected to witness significant growth over the forecast period due to the growing demand for egg yolk powders as stabilizers in dairy products, such as ice cream and yogurt.
Thickeners and gelling agent segments are also anticipated to contribute to the overall market growth, driven by their thickening and gelling properties, which are essential in the production of various food products.
The Egg Yolk Powders Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, North America held the largest share of the market in 2023 and is projected to continue to lead the market throughout the forecast period. The growth of the North American market is primarily attributed to the increasing demand for egg yolk powders in the food and beverage industry, as well as the rising popularity of convenience foods. Europe is expected to be the second largest market for egg yolk powders, followed by APAC.
The APAC region is expected to witness significant growth in the market due to the increasing urbanization and the growing middle-class population. South America and MEA are expected to be the smallest markets for egg yolk powders but are projected to grow at a steady pace during the forecast period.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Major players in Egg Yolk Powders Market are striving to expand their presence through strategic partnerships, mergers, and acquisitions. These players are also investing in research and development initiatives to introduce innovative products and cater to the evolving needs of consumers. Leading Egg Yolk Powders Market players are focusing on product diversification and expanding their product portfolios to meet the growing demand across different segments and applications. The Egg Yolk Powders Market is witnessing increased adoption of sustainable and eco-friendly practices by manufacturers who are aiming to reduce their environmental footprint and align with consumer preferences for ethical products. Additionally, key players are implementing digital strategies, leveraging e-commerce platforms, and adopting data analytics to optimize their operations and enhance their market reach.
Ovostar Union, a prominent player in the Egg Yolk Powders Market, has a strong presence in markets and is known for its high-quality egg products. The company operates multiple processing facilities and has a diversified product portfolio, including egg yolk powders, whole egg powders, and egg white powders. Ovostar Union is committed to sustainable practices and has implemented various initiatives to reduce its environmental impact.
Another leading player in the Egg Yolk Powders Market is Cargill, a food and agricultural conglomerate. Cargill offers a wide range of egg products, including egg yolk powders, and has a strong presence in both developed and emerging markets. The company emphasizes innovation and has invested in research to develop value-added egg products and cater to the specific needs of its diverse customer base.
In 2023, the market is valued at USD 1.59 billion. Key industry participants are investing in research and development to enhance product quality and expand their product portfolios. Technological advancements in drying and processing techniques are also contributing to market growth. Additionally, increasing awareness about the nutritional benefits of egg yolk powders is expected to boost demand over the coming years.
| Report Attribute/Metric | Details |
| Market Size 2022 | 1.52(USD Billion) |
| Market Size 2023 | 1.59(USD Billion) |
| Market Size 2032 | 2.42(USD Billion) |
| Compound Annual Growth Rate (CAGR) | 4.77% (2024 - 2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2023 |
| Market Forecast Period | 2024 - 2032 |
| Historical Data | 2019 - 2023 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Minnehaha Milling Company, Rembrandt Enterprises, Inc., Phibro Animal Health Corporation, Agrosuper S.A., Henningsen Foods, Inc., Avebe U.A., Ovostar Union N.V., Prince Agri Products, Inc., Kanegrade Limited, Bunge North America, Inc., Group Avril, Wilmar International Limited, Cargill, Incorporated, Gelita AG, Maid Radley |
| Segments Covered | Form, Origin, Application, Function, Regional |
| Key Market Opportunities | Functional food and beverage applications  Pet food and animal nutrition  Dietary supplements  Cosmetics and personal care  Emulsifiers and stabilizers |
| Key Market Dynamics | Growing demand for egg yolk powders in the food industry  Increasing health consciousness among consumers  Rising disposable income in developing countries  Expanding the application of egg yolk powders in bakery and confectionery products  Technological advancements in production and storage processes |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Egg Yolk Powders Market size was valued at USD 1.59 billion in 2023 and is projected to reach USD 2.42 billion by 2032, exhibiting a CAGR of 4.77% during the forecast period.
Asia-Pacific is expected to dominate the Egg Yolk Powders Market over the forecast period. The region's large population and growing demand for processed food products are key factors driving the market growth.
Egg yolk powders are widely used in various applications, including bakery, confectionery, dairy products, and processed food products. They are used as emulsifiers, stabilizers, and thickeners in these applications.
Some of the key competitors in the Egg Yolk Powders Market include Kanegrade, Sotexpro, Burcon NutraScience, Ovostar Union, and Aventis Animal Nutrition.
The growing demand for convenience food products, rising disposable income, and increasing awareness of the nutritional benefits of egg yolk powders are key factors driving the growth of the market.
The market faces challenges such as volatility in raw material prices, stringent regulations related to food safety, and intense competition from other egg products.
The COVID-19 pandemic had a significant impact on the Egg Yolk Powders Market. The disruption of supply chains, lockdowns, and reduced demand from foodservice industries negatively affected the market growth.
Emerging trends in the Egg Yolk Powders Market include the growing popularity of plant-based egg alternatives, increasing demand for clean-label products, and the adoption of advanced technologies for production and processing.
The future outlook for the Egg Yolk Powders Market is positive. The rising demand for convenience and processed food products, coupled with increasing health consciousness among consumers, is expected to drive market growth over the forecast period.
Key opportunities for growth in the Egg Yolk Powders Market include expanding into emerging markets, developing innovative products that cater to specific consumer needs, and leveraging technological advancements to improve production efficiency.
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