In the last decade, food consumption behaviours of individuals have witnessed a dramatic shift. They are more inclined towards consumption of food items, which are rich source of proteins and vitamins. Egg, being a rich source of protein, has occupied secure position in the food list.
The egg ingredient market has been witnessing significant growth lately. The surge is attributed to rising awareness about health benefits among people. Also, rising concern pertaining to the use of chemical additives in food and beverage is one of the key reasons people are shifting towards natural options. It is recommended by nutritionists, as well.
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The factors driving the egg ingredients market are high nutritional value of egg protein, increasing focus towards preventive care consumers are rapidly shifting towards consumption of dietary supplements, which include animal protein.
Demand and preference for egg ingredients is increasing, owing to rising awareness regarding health benefits offered by natural ingredients, as well as concerns regarding source of ingredient and quality. Increasing concern regarding side effects of chemicals and synthetic additives used in food and beverages is fuelling demand for natural alternatives like egg ingredients in the market, increasing demand of body building supplements in the market also fuel the growth of egg ingredients/protein market globally.
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Increasing incidence of health issues such as obesity, diabetes and blood pressure, consumers are more inclined towards maintaining a healthy lifestyle, for instance, according to the Centers for Disease Control and Prevention, from 2009 to 2010, around 50% of adults in the U.S. consume dietary supplements. Various gyms, diet centers and fitness centers promote consumption of healthy food, dietary supplements, energy drinks and bars, and other health products, which is further influencing and driving demand for dietary supplements. However, availability of various alternatives for egg ingredients in the market like plant proteins such as soy protein, pea protein, and etc. acting as a major barrier for egg ingredients/protein market.
Egg ingredients global market is segmented on the basis of application such as:
- Bakery and snacks
- Dietary supplements
- Dairy products
- Functional Food
On the basis of product type:
- Dried Egg Products
- Liquid Egg Products
- Frozen Egg Products
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