Year | Value |
---|---|
2023 | USD 34.82 Billion |
2032 | USD 34.82 Billion |
CAGR (2021-2032) | 3.51 % |
Note – Market size depicts the revenue generated over the financial year
The processed eggs market is estimated to be worth $34.82 billion in 2023. By 2032, it is expected to stay at the same level. This is based on a CAGR of 3.51% between 2021 and 2032. It shows that there is a steady demand for processed egg products in all food service, retail and food manufacturing industries. The growth trend is quite steady. The increasing preference for convenient foods and the increasing popularity of high-protein diets will continue to drive the market. Several factors are driving the growth of the processed egg market. The development of food processing and preservation technology has improved the quality and shelf life of products, thus attracting both manufacturers and consumers. The trend of healthy eating and the need for high-quality and high-quality products will also promote the development of the market. The leading companies in the industry, such as Cal-Maine Foods and Rembrandt Foods, have launched new products and entered into strategic cooperation to expand their market share and meet the needs of consumers.
The global market for egg processing products is expected to grow at a CAGR of around 5% over the forecast period, owing to the growing demand for convenience food, health consciousness, and technological innovations. North America is characterized by the strong presence of established players and a high degree of product innovation, whereas Europe is characterized by a trend towards organic and free-range processed egg products. Asia-Pacific is characterized by a rapid urbanization and a change in dietary habits, which is expected to increase the consumption of processed egg products. Meanwhile, the population growth and food security in the Middle East and Africa (MEA) is expected to increase the demand for processed egg products. Latin America is characterized by the agricultural strength to increase the production of processed egg products.
“During the process, eggs are pasteurized and sterilized and, if they are properly sealed, can have a shelf life of up to a year, which makes them convenient for consumers and manufacturers.” — American Egg Board
The market for processed eggs is currently growing steadily. The growth is driven by consumers’ increasing desire for convenience and for foods rich in high-quality protein. The growing popularity of ready-made meals and the trend towards healthier eating habits, which are focused on high-quality protein, are key drivers in this market. Further, regulatory initiatives aimed at improving food safety and quality are enhancing consumers’ trust in processed egg products.
Today, the egg market is in its mature adoption phase, with companies like Eggland’s Best and Cal-Maine Foods leading the way in product innovation and distribution. The main applications for processed eggs are baking, food service, and ready-to-eat foods, where they serve as an essential ingredient in a variety of culinary applications. However, as consumers become more conscious of the origins of their food, demand for sustainable, clean-label products is expected to rise. Pasteurization and improved packaging methods are also influencing the market, as they ensure food safety and extend shelf life.
The market for egg products will continue to grow steadily between 2023 and 2032, with a CAGR of 3.51% from 2023 to 2032. It is expected to remain at its current level of about $34.8 billion, driven by stable demand, as well as increasing consumer demand for convenient and ready-to-eat products. In the future, as the world population continues to grow, the demand for high-quality and high-energy food will increase, and the penetration rate of retail and food service will increase. Product consumption in key markets is expected to exceed 25% by 2032. , mainly in North America and Europe.
The future of the egg-processing industry will be shaped by the technological advancements and policy changes. Pasteurization and drying technology, such as vacuum pasteurization and lyophilization, are able to improve the product's safety and shelf life, thereby enhancing the product's marketability. The growing health consciousness of consumers will also boost the demand for organic and free-range eggs, as consumers become more conscious of their dietary choices. Moreover, supportive government policies that encourage sustainable agriculture practices will promote the production of processed eggs, as the demand for ethically sourced food products increases. The future of the egg-processing industry will be influenced by these developments.
Covered Aspects:Report Attribute/Metric | Details |
---|---|
Growth Rate | 3.51% (2024-2032) |
© 2025 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)