The global liquid egg market is estimated to reach USD 5.1 billion in 2022, with a high 6.1 percent compound annual growth rate (CAGR) over the forecast period. In terms of value, liquid egg sales currently account for around 8.9% of the worldwide egg market.
A significant element boosting demand for the liquid egg is increased demand from the food and beverage sector as a result of increased awareness about the benefits of bee protein. As a result, a growing number of companies are using liquid eggs in packaged goods and beverages to improve product quality and gain a competitive advantage.
In comparison to the 4.9 percent CAGR recorded between 2017 and 2021, demand for the liquid egg is expected to expand at a 6.1 percent CAGR during the projection period.
In addition, the COVID-19 pandemic had a substantial impact on the worldwide economy, with unanticipated implications for enterprises. Due to supply chain disruptions, sales in the food and beverage industry have dropped.
However, demand is expected to increase significantly throughout the forecast period, providing potential opportunities for competitors in the worldwide liquid egg market.
Because they provide several skin benefits, liquid whole eggs are an important component in personal care and cosmetics. Components of egg yolk have been deemed an important biochemical in the pharmaceutical and cosmetics industries.
Leading liquid egg companies are expanding their facilities and are investing in egg processing technologies and equipment. Cargill Incorporated, for example, committed US$ 20 million in 2018 to meet increased customer demand for a larger range of egg products, the company plans to expand its Big Lake egg processing operation.
Nest Fresh Eggs Inc. and Cargill, Incorporated are two companies that operate in the market. Ovostar Union NV, Global Food Group BV, Rose Acre Farms, Ready Egg Products Ltd, Bumble Hole Foods Limited, Newburg Egg Corp., Rembrandt Enterprises, Inc., D Wise Ltd., Vanderpool’s Eggs Ltd., England, and others.
Key Questions Answered in the Report
How big is the liquid egg market?
The liquid egg market is forecast to reach a valuation of US$ 5.1 Bn by 2022.
What is the projected liquid egg market Size in 2032?
The liquid egg market is anticipated to reach a valuation of US$ 9.1 Bn by 2032.
What is the liquid egg market outlook?
The liquid egg market is expected to expand at a 6.1% CAGR over the forecast period.