Egg Albumin Protein Market to Exceed US$ 2.88 Bn by 2032
NEWARK, Del, July 28, 2022 (GLOBE NEWSWIRE) — According to a recent report published by Future Market Insights, sales of egg albumin protein market are estimated to reach a valuation of US$ 2.88 Bn by 2032, surging at 7.3{95b18eb6fc4f42efd0d92738dfc3fb79fde21da267a711ecdf0381147c27bb86} CAGR during the forecast period of 2022 to 2032.
Egg albumin protein is absorbed by the blood and is used to separate proteins. It is expected to gain high popularity across the globe, especially in the sports nutrition sector owing to its ability to boost strength and energy of athletes. It is also considered to be a healer of post-workout muscle damage.
Increasing demand for egg albumin protein powder in the food processing industry for the manufacturing of pet treats and food is another crucial factor that would drive the market. This type of protein powder helps in delivering numerous nutritional benefits to pets.
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Key Takeaways: Egg Albumin Protein Market
- The U.K. egg albumin protein market is expected to reach a valuation of US$ 31.1 Mn by 2022.
- The U.S. is likely to account for nearly 73{95b18eb6fc4f42efd0d92738dfc3fb79fde21da267a711ecdf0381147c27bb86} of the North America egg albumin protein market share in the next decade.
- In terms of end-use application, the bakery and confectionery segment is expected to generate the lion’s share in the global market.
- By function, the thickening category is expected to create an absolute $ opportunity of US$ 294.3 Mn in 2022.
- Based on flavor type, the regular/unflavored segment is anticipated to reach a valuation of US$ 1.03 Bn by 2022.
“Increasing utilization of egg albumin protein powder by the bakery and confectionery industry across the globe to provide stability and volume to baked goods is anticipated to augment growth,” says an analyst at Future Market Insights.
Competitive Landscape: Egg Albumin Protein Market
Egg albumin protein powder is produced through hydrolysis process, which reduces the distinctive odor of eggs to a bare minimum. Thus, key companies operating in the personal care sector are using it to manufacture shampoos and conditioners to help nourish the hair and prevent it from drying, as well as damage.
Some of the key players in the egg albumin protein market include Merck KGaA, HiMedia Laboratories Pvt. Ltd., Kewpie Corporation, Now Health Group, Rembrandt Foods, Sanaovo, Taiyo Kagaku Co. Ltd., JW Nutritional LLC, Rose Acre Farms, Ovostar, IGRECA, Dutch Egg Powder Solutions BV, Caneggs, Redspoon Company, Avangardco, Aqua Lab Technologies, and Sainsburys.
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Get More Valuable Insights on Egg Albumin Protein Market
Future Market Insights, in its new offering, provides an unbiased analysis of egg albumin presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.
The study divulges compelling insights on the egg albumin protein based on flavor type (regular/unflavored and flavored), application (bakery & confectionery, protein & nutritional bars, breakfast cereals, functional beverages, dietary supplements, sports nutrition, infant nutrition, prepared foods, meat analogs, dressings, sauces & spreads, pharmaceutical products, personal care products, dairy & desserts, and others), and function (thickening, leavening, binding, preservatives/antimicrobial, emulsifying, crystallization, and others) across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).
Egg Albumin Protein Market Outlook by Category
By Flavor Type:
- Regular/Unflavored
- Flavored
By End-use Application:
- Bakery & Confectionery
- Protein & Nutritional Bars
- Breakfast Cereals
- Functional Beverages
- Dietary Supplements
- Sports Nutrition
- Infant Nutrition
- Prepared Foods
- Meat Analogs
- Dressings, Sauces & Spreads
- Pharmaceutical Products
- Personal Care Products
- Dairy & Desserts
- Others
By Function:
- Thickening
- Leavening
- Binding
- Preservatives/Antimicrobial
- Emulsifying
- Crystalization
- Others
By Region:
- North America
- Latin America
- Europe
- Middle east and Africa
- East Asia
- South Asia
- Oceania
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About Food & Beverage Division at Future Market Insights
The food & beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
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Egg Substitute Market Share: The egg substitute market is expected to reach US$ 1.1 Bn in 2022. With sales growing at a 5.9{95b18eb6fc4f42efd0d92738dfc3fb79fde21da267a711ecdf0381147c27bb86} CAGR, the market valuation will reach US$ 2.1 Bn in 2032.
Frozen Desserts Market Forecast: The global frozen desserts market is expected to reach a valuation of US$ 100.1 Bn by the end of 2022, growing at a CAGR of 5.8{95b18eb6fc4f42efd0d92738dfc3fb79fde21da267a711ecdf0381147c27bb86} by 2022-2032.
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Mineral Premix Market Analysis: The global mineral premixes market is expected to reach US$ 761.1 Mn by 2022, accelerating at a CAGR of 8.6{95b18eb6fc4f42efd0d92738dfc3fb79fde21da267a711ecdf0381147c27bb86} during the forecast period (2022-2032).
Vitamin Premix Market Demand: The global vitamin premix market is expected to reach a valuation of US$ 1.19 Bn in 2022, With sales projected to increase at a CAGR of 7.9{95b18eb6fc4f42efd0d92738dfc3fb79fde21da267a711ecdf0381147c27bb86} over the assessment period.
Industrial Alcohol Market Outlook: The global industrial alcohol market size is set to be valued at US$ 110.3 Bn in 2022 and it is expected to grow at a CAGR of 7.6{95b18eb6fc4f42efd0d92738dfc3fb79fde21da267a711ecdf0381147c27bb86} from 2022 to 2032. The market is projected to reach US$ 194.7 Bn by 2032.
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