Europe Processed Egg Market Segmented By Type (Dried, Liquid, Frozen), By Application (Bakery, Confectionery, Dairy Products, Ready-to-eat, Soups & Sauces, Others) - By Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) – Size, Share, Trends, Growth, Forecast (2024 to 2029)

Published: January, 2024
ID: 4493
Pages: 145

Europe Processed Egg Market Growth and Forecast (2023-2028):

The Europe Processed Egg Market was valued at US$ 5.50 billion in 2022 and is predicted to grow at US$ 6.60 billion by 2028 with an increasing CAGR of 3.80% during 2023-2028.

Europe Processed Egg Market Scenario:

The processed egg is a one-of-a-kind method for improving traditional egg features such as storage, freshness, shelf life, and other transportation requirements. It is accomplished using a variety of technologies and equipment. Eggs are processed in a variety of ways, including eggshell removal, filtration, mixing, stabilization, pasteurization, freezing or drying, and packing. Various pieces of equipment are utilized at various stages of the egg processing process. Egg processing equipment is a collection of machinery that are typically employed at different stages of the egg processing process. Processed eggs are frequently utilized as ingredients in a variety of dishes, including baked items, dairy products, and confectionery. Process eggs have many advantages, including enhanced freshness, an extended shelf life, and ease of preparation.

Recent Development in Europe Processed Egg Industry:

  • Sanovo Technology Group, a major manufacturer of food processing equipment, has introduced new pasteurization equipment. This device reduces the amount of Salmonella in egg products, which is a common cause of egg poisoning.

Europe Processed Egg Market Drivers and Restraints:

Customer tastes toward processed meals, as well as a growing demand for high-quality egg products, are expected to change in the next six years in Europe's egg processing equipment industry. Moreover, since the demand for protein-rich foods and nutritional supplements develops, the growth of the European egg processing market is expected to accelerate over the forecast period. Integrated assembly lines with higher production rates and reduced operating costs are likely to have a favorable impact on the growth of the Europe processed egg market during the forecast period. The egg processing industry employs high-quality production procedures and is constantly developing new products. The egg processing business is predicted to grow rapidly in the next years. Processed eggs have a number of advantages, including a lesser risk of contamination, a longer shelf life, and the ease with which they may be sent. Consumer preferences that are unique and unusual, as well as the demand for improved product quality, are projected to fuel market growth. Furthermore, the fast-growing food industry's increased demand for high-quality products may boost the Europe egg processing market's future possibilities.

As demand grows, leading manufacturers are focusing on releasing high-end products such integrated assembly lines that boost production speed while lowering operational costs. This is expected to increase the Europe egg processing industry's growth. Another reason driving demand for egg processing systems in Europe is the increased use of eggs in the bread, confectionery, and dairy industries. In the future, this is projected to lead the egg processing market. Strict government regulations for ingredients and procedures used in egg processing, as well as increased consumer awareness of the excellent quality and nutritional benefits of eggs, are driving the Europe egg processing industry forward.

Furthermore, as the demand for egg identification grows in order to prevent the entry of tainted eggs, the Europe egg processing market is expected to expand. These tainted eggs cause foodborne diseases and other microbial concerns, and are supposed to be eradicated by egg processing machinery. Eggs are also a good source of protein and nutrition. The challenges in the egg processing market are projected to be overcome as global demand for protein-rich foods and dietary supplements grows. In the future years, strict FDA rules on functional foods and egg protein are projected to impede industry growth. The high initial cost of manufacturing and processing equipment is a significant hindrance to the Europe egg processing industry's expansion. The recent trend toward vegan cuisine and the availability of egg alternatives may hinder the Europe processed egg market's expansion over the forecast period.

Europe Processed Egg Market Segmentation Analysis:

By Type:

  • Dried        
  • Liquid      
  • Frozen 

Based on type, the Liquid Eggs section will be the most revenue-generating segment. This is mostly due to its ease of use and hygienic packaging, which has increased consumer acceptance of liquid eggs. Furthermore, because liquid eggs are fat-free, cholesterol-free, and calorie-free, consumers are more likely to consume them. For the period 2023-2028, the Powdered Egg segment is expected to grow at the fastest rate of 4.1 percent. The increased demand for powdered egg is mostly due to its longer shelf life, less storage space, and low price. Furthermore, because powdered eggs are high in calcium, calories, and protein, they are increasingly being used in a variety of food products, increasing powdered egg consumption and so propelling the Europe Processed Egg Market forward.

By Application:

  • Bakery    
  • Confectionery     
  • Dairy Products    
  • Ready to Eat         
  • Soups and Sauces
  • Others   

Based on Application, the Bakery segment will have the biggest market share of Europe Processed Eggs. Processed eggs are commonly used in baking products such as cakes because they extend the shelf life of baked goods, allowing them to last longer. Furthermore, due to increased demand for baked goods, numerous manufacturers are employing processed eggs to create baked goods, which enhances production and propels the Bakery industry forward. Over the period 2022-2027, the Dairy Products section is expected to grow at the fastest rate of 5.5 percent. This is mostly due to the fact that dairy products include more protein, which is increasing consumer demand and moving the Europe Processed Egg Market forward.

Regional Analysis:

The Europe Processed Egg Market Report includes the segmentation of countries:

  • U.K
  • Germany
  • France
  • Russia
  • Spain

Germany dominated the European Processed Egg Market, with a 45 percent share. This is due to shifting consumer dietary patterns, which drives up demand for processed eggs. Furthermore, technological advancements are increasing the consumption of processed eggs, which is boosting market expansion. The consumption of eggs is increasing in Germany, which is increasing the production of processed eggs and promoting the expansion of the European Processed Egg Market. However, due to increased health consciousness among the people and changing lifestyles, Italy is predicted to hold the highest CAGR of 3.05 percent during the projected period 2023-2028. As a result, more processed eggs are being adopted, boosting industry development.

Impact of COVID-19 on Europe Processed Egg Market:

The impact of the COVID-19 epidemic on retail sales of convenience foods, notably processed eggs, has been modestly favorable, particularly during times when lockdown was imposed in most regions of the world, leading to panic buying by customers. The outbreak boosted sales of processed egg goods on e-commerce and online grocery platforms, indicating that online retail platforms are expected to increase at the fastest rate over the projection period.

Key Players listed in the Europe Processed Egg Market:

The companies covered in the report:

  • Actini Group                             
  • Avril SCA                    
  • Cal-Maine Foods Inc             
  • Moba B.V                  
  • Eurovo S.R.L             
  • Igreca S.A                  
  • Interovo Egg Group B.V. S.P.A                          
  • Bouwhuis Enthovan              
  • Sanovo Technology Group        

 

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