Analysis of Egg White Peptide market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
The global egg white peptide industry is slated to accumulate US$ 21.2 Bn in revenue by 2022, concludes a revamped estimate of market research and intelligence provider Fact.MR.
Market Size Value in 2022
US$ 21.2 Bn
Projected Market Forecast Value by 2032
US$ 36.21 Bn
Global Growth Rate (2022 to 2032)
Key Companies Profiled
As per its report, the industry is slated to reach US$ 36.21 Bn by 2032, surging at a CAGR exceeding 5%. Sales of both tri and di egg white peptide will amount to ½ of the global market.
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The global egg white peptide market experienced an upsurge of around 4% in value CAGR terms. The key factors driving the market were high demand from health- and fitness-conscious consumers, as well as the functional benefits of egg white peptide over the historical period.
During the COVID-19 pandemic, sales experienced a considerable incline, attributed to an increased focus on enhancing overall immunity and prevent onset of the infection. Being rich in proteins and amino acids, egg white peptide imparts anti-oxidant and anti-inflammatory benefits, which has the potential to reduce trauma to severely infected patients.
The global egg white peptide market is expected to grow at a CAGR of 5.5% between 2022 and 2032, expected to surpass US$ 36 Bn by the end of the said forecast period. Demand for egg white peptides as a primary animal-based protein continues to grow globally, indicating great promise as a rich source of bioactive peptides that improve human health. Because of their importance as health-promoting food ingredients, the identification of these peptides demonstrates a greater commercialization opportunity.
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Considered one of the most important primary animal-based proteins in the world, demand for the products in the global egg white peptides market has been skyrocketing due to its increasing usage as a rich source of bioactive peptides. Products in the global egg white peptides market have qualities that have the potential to improve human teeth. Furthermore, egg white peptides are rapidly gaining popularity as a vital health-promoting food ingredient in humans.
This is expected to drive the global egg white peptides market forward in the coming years. Rising health consciousness and a growing consumer preference for food products that provide health benefits in addition to essential nutrients are propelling the global egg white peptides market forward. The products in the global egg white peptides market are a lucrative option for the health-conscious population due to their high amino acid and protein levels and low-fat content.
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Egg white peptides possess properties that help with hair and skin issues, making them an ideal component for cosmetics and personal care products. People prefer and consume a wide variety of skin care creams and lotions, as well as shampoos and conditioners containing egg components. Various Japanese research institutions predict that the increased use of Egg White peptides in the Sports and Nutrition Industry will reach $101 billion by 2040. As a result, it is a highly popular and in-demand venture for new market entrants. Increased demand for Egg White Peptide Market has resulted from increased consumption of egg-based cosmetics.
India is expected to grow at the fastest rate during the forecast period. Factors such as urbanization, western influence on diets, a growing emphasis on leading active lifestyles, and a growing middle-class population with higher disposable incomes in emerging economies such as India are expected to drive demand.
Furthermore, the increase in poultry production in the Indian market increases the availability of eggs in the market. According to data released by the International Egg Committee (IEC) and World Egg Organization (WEO), India is the world's fastest-growing egg producer, which will fuel market growth. A market share worth 28% is predicted for the Indian market.
The United States is the largest consumer of Egg White peptides in the North American region. From pharmaceuticals to cosmetics, from industrial to household, Egg White Peptides are used on a large scale in all sectors.
Egg White Peptide is a low-cost alternative for a variety of products in the Personal Care and Healthcare Sector. Egg White Peptides have provided an effective but organic element in day-to-day food products for this region's health-conscious population. The U.S will likely accumulate a market share of 30% until 2032.
Germany is one of the largest markets in Europe for Egg White Peptides. In this case, Egg White Peptide is primarily used in nutrient-rich food products. Egg White Peptide is a high nutritional diet that is added to food products and nutraceuticals.
In addition, Egg White Peptide is used to keep the texture of cosmetics, resulting in a longer lifespan for skincare products. Therefore, Germany will witness high demand in the market over the forecast period (2022-2032), accumulating a market share of 29%.
Egg white protein based advanced peptide bonded amino acid formulation have been developed by several nutraceutical and supplement manufacturers which ensure instant delivery of amino acids to muscles. Such developments have been possible due to integration of egg white peptides as an ingredient in newly formulated nutraceuticals and supplements. Suppliers of Di and Tri egg white peptides are optimistic of its uptake by new end users and are formulating long terms strategies accordingly.
According to the report, consumption of both types of egg white peptide, viz. di- and tri-peptides, is almost equal in current market condition, nearing around 44,000 kgs collectively. Owing to its properties, the demand for Tri-peptides is growing rapidly and by the end of forecast period it is estimated that Tri-peptides will account for 50% of the total egg white peptide consumption.
Pharmaceuticals are expected to make extensive usage of egg white peptides. Because of the high concentration of protein and amino acids, egg white peptide is widely used in pharmaceuticals.
Protein is constantly required by various body organs such as the brain, lungs, and tissues. As a result, there is a greater demand for energy-boosting drugs based on egg white peptides. A CAGR of 5% is projected for the pharmaceuticals sector.
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By 2022, the egg white peptide market will likely reach US$ 21.2 Bn
From 2022-2032, the market for egg white peptide will likely soar at a CAGR of 5.5%
As per Fact.MR, egg white peptide demand inclined at a CAGR of 4% from 2017 to 2021
High emphasis on increasing protein and amino acid intake is driving sales of egg white peptides
The U.S is expected to emerge as the kingpin of egg white peptide demand, generating a market share of 30%
Fact.MR forecasts egg white peptides sales in Germany to accrue 29% revenue
Yes. India is anticipated to accumulate a market share worth 28% in the egg white peptide industry
Di & Tri egg white peptides are likely to collectively generate 50% of total market revenue
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