According to Fact.MR, a supplier of market research and competitive information, the global frozen egg market is anticipated to grow at a CAGR of 6.2% and reach US$ 5.94 Bn by 2031. The market is impacted by the rising demand for processed foods as well as shifting consumer lifestyles in developing nations. The increased popularity of frozen eggs is linked to their many advantages, which include improved quality, a longer shelf life, lower price, and greater applicability.
Convenience, ease of use, and storage are the main factors driving demand for frozen eggs. There is an increasing demand for this quick lunch due to the urban population growth and hectic lives. Eggs that have been frozen eliminate the need to physically crack shells and separate the various parts of the egg. Technology advancements have also improved the treatment and pasteurisation of processed eggs, ensuring their safety, lowering the risk of contamination, and prolonging their shelf life.
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Important Segments Covered in Frozen Egg Industry Research
- By Product Type
- Whole Frozen Egg
- Frozen Egg Whites
- Frozen Egg Yolks
- By End-use Application
- Food Processing Industry
- Bakery & Confectionery
- Creamy Sauces
- Ice-cream and Frozen Desserts
- Mayonnaise
- Noodles & Pasta
- Salad Dressings
- Others
- Food Service Providers
- Retails/Household
- Convenience Stores
- Discount Stores
- Grocery Stores
- Modern Trade
- Online Retail
- Specialty Food/Sports Store
- Wholesalers
- Other Sales Channels
Key Takeaways from Market Study
- According to projections, the United States will control more than 75% of the North American market in 2021 thanks to a strong domestic foodservice business.
- Fact.MR analysis predicts that China would hold more than 43% of the East Asian market share in 2021 because to rising demand from end-use industries including bread & confectionery, mayonnaise, and other related ones.
- With a market share of over 20% in Europe in 2021, the U.K. is the industry leader thanks to rising demand for frozen egg whites.
- The market share of whole eggs is anticipated to be 63.8% in 2021, however egg yolks are anticipated to rise significantly at a CAGR of 7.7% throughout the forecast period.
- According to end-use applications, the food processing sector accounts for about 47.1%.
- Due to the wide range of uses for noodles and pasta, salad dressings, and creamy sauces, the food processing industry will account for approximately 47.1% of the market in 2021, according to end-use applications.
Competition Landscape: Top Frozen Egg Companies
The market for frozen eggs is highly fragmented, with many companies vying for a sizable portion of it. In the frozen egg market, packaging is crucial since it improves the quality and appearance of the product.
The shelf life of items containing frozen eggs can be extended by using the right packaging techniques. Packaging that appeals to the eye can draw in a lot of customers and stimulate an increase in demand for frozen egg goods.
Leading frozen egg companies are also working to provide biodegradable packaging options in order to comply with environmental requirements and draw in ecologically conscious customers. As product quality is improved more, technological innovation in packaging techniques can greatly increase product sales.
Manufacturers are increasing their R&D spending to promote the creation of creative packaging.
- In 2021, NestFresh, a leader in local, humane and sustainable eggs, has expanded its reach into the world of sustainable and humane food by acquiring New Barn Organics.
- In 2020, NestFresh, the leader in processed eggs, has shown its category leadership once again with the debut of the brand’s new EGG POP!. In response to customer and retailer demand for healthier solutions that don’t sacrifice taste or convenience,
The Fact.MR team has been monitoring similar recent changes involving businesses that sell frozen eggs; these developments are detailed in the entire report.
