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Frozen Egg Market

Frozen Egg Market Thriving on Back of Increased Demand for Convenience & Processed Food: Fact.MR Report

Published : 27 Sep 2021 Industry: Food & Beverage

As per Fact.MR - a market research and competitive intelligence provider, the global frozen egg market is projected to expand at a CAGR 6.2% to reach a value of US$ 5.94 Bn by 2031

The market is influenced by surging demand for processed food, along with changing lifestyles of consumers in developing regions. Growing demand for frozen eggs is attributed to their numerous benefits, including extended shelf life, affordable cost, higher applicability, and better quality.

Demand for frozen eggs is being driven by convenience and ease of usage and storage. Because of the growing urban population and hectic lifestyles, there is growing need for this convenience meal. Frozen eggs reduce the need to physically break shells and separate the egg's numerous components.

Furthermore, as a result of technological advances, processed eggs are more efficiently treated and pasteurized, ensuring safety, reducing the danger of contamination, and extending shelf life.

Key Takeaways from Market Study

  • The U.S. is estimated to account for more than 75% of the North American market in 2021, supported by a well-established foodservice industry in the country.
  • According to Fact.MR analysis, China is estimated to account for more than 43% of the East Asian market share in 2021, driven by increased demand from end-use applications such as bakery & confectionery, mayonnaise, and others
  • The U.K is dominating the European region with a market share of over 20% in 2021, supported by increased demand for frozen egg whites.
  • Whole eggs are estimated to hold for 63.8% market share in 2021, but egg yolks are expected to witness significant growth at a CAGR 7.7% over the forecast period.
  • Based on end-use applications, the food processing industry reflects around 47.1% of the market in 2021, owing to wide range of applications in noodles & pasta, salad dressings, and creamy sauces.

“Frozen eggs have certain advantages over shell and liquid eggs for manufacturing use, especially in large-scale production. Thus, manufacturers operating in the global egg market are focusing on adopting frozen egg products into their product portfolios,” says a lead analyst at Fact.MR.

Introduction of Healthy and Nutritional Frozen Eggs to Target Health-Conscious Consumers

Due to the addition of artificial additives and ingredients, consumer perception of frozen food products has been negative for quite a long time now. Majority of health-conscious consumers consider frozen food as less healthy and nutritive than fresh food, and are critical of consuming frozen ready meals.

In order to target a larger consumer base, manufacturers are using natural and organic ingredients while producing frozen ready meals. By promoting the healthy properties of frozen foods such as lower attenuation of nutrients due to freezing, manufacturers are capturing prolific opportunities in the market.

Frozen eggs are also widely utilized in sports and bodybuilding as a source of high-quality protein. They are also a handy form of ingredient in the food & beverage industry for speedy production of foods needing eggs and egg components, as the process drastically reduces manual work.

Who is Winning?

Retail storage space and product availability are important factors in determining demand for a product in the processed food market. Manufacturers are striving to shift distribution from specialized channels to mainstream mass shops in response to rising customer demand for frozen egg products.

Some of the leading companies offering frozen eggs are Ballas Egg, Crystal Lake LLC, Cargill Inc., Pace Farm, Sonstegard Foods, Ovobel Foods Limited, Rembrandt Foods, Willamette Egg Farms, Nature-Egg LLP, NestFresh Eggs, Bumble Hole Foods Ltd., and others.

Get More Valuable Insights

Fact.MR, in its new offering, provides an unbiased analysis of the demand for frozen eggs, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the demand for frozen egg products based on product type (whole eggs, egg whites, and egg yolks) and end-use application (food processing industry, food service provider, and retails/household), across seven major regions of the world.

About the Food & Beverages Division at Fact.MR

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned food & beverage team at Fact.MR helps clients from across the globe with their unique business intelligence needs. With a repertoire of over a thousand reports and 1 million-plus data points, the team has analyzed the food & beverage industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

For more information, refer to our market research report or contact the PR author.

Santosh Kumar

Fact.MR

Sr. Consultant - Food & Beverages

E-mail: santosh@factmr.com

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Frozen Egg Market Growth to Spur on the Back of Providing Nutritional Value and Taste Similar to Fresh Eggs during 2021-2031