India Egg Powder Market is projected to reach $ 32.9 million by 2024

Posted by Sophia Jones on May 31st, 2019

Market Reports on India Provides the Trending Market Research Report on “India Egg Powder Market By Type (Whole Egg Powder, Egg Yolk Powder and Egg Albumen Powder), By End Use (Food & Beverages, Personal Care & Cosmetics, Nutraceuticals & Pharma and Animal Feed & Pet Food), Competition, Forecast & Opportunities, 2024” under Retail category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

India Egg Powder Market was valued at $ 22.5 million in 2018 and is projected to register CAGR of over 6.5% to reach $ 32.9 million by 2024.The growth of the market is led by longer shelf-life of egg powder and huge demand from food & beverages industry. The innate nature of egg powder makes it a highly marketable product. Fresh eggs have limited shelf-life and are only available in raw form, which is not the case with egg powder. In fact, egg powder is all the goodness of a fresh egg without the extra weight per volume of whole egg equivalent. Although global fresh egg consumption remains higher, egg powder is quickly taking up the role of a convenient food product. Meanwhile, commercial use of egg powder is picking up steam, with its increased demand from bakery and confectionery companies.

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India Egg Powder Market

In terms of type, India egg powder market has been categorized into whole egg powder, egg yolk powder and egg albumen powder, of which, whole egg powder category accounted for majority share in the market in 2018 and is expected to remain as the dominant product segment during forecast period as well. However, egg albumen powder category is anticipated to grow at the fastest rate during forecast period.

In terms of region, India egg powder market has been segmented into north, east, west and south. Northern part is the largest consumer of egg powder across the country. However, eastern region is likley to witness the fastest growth during forecast period. Some of the major players operating in India egg powder market are Ovobel Foods Ltd., SKM EGG Products Exports (India) Limited., EGGWAY International Asia Private Limited, Venkys Group, among others.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-2024

Objective of the Study:

  • To analyze and forecast India egg powder market size.
  • To forecast India egg powder market based on type, end use and regional distribution.
  • To identify drivers and challenges for India egg powder market.
  • To identify and analyze the profile of leading players operating in India egg powder market.

Some of the leading players in India egg powder market are SKM EGG Products Exports (India) Limited, Venkys Group, Ovobel Foods Limited, EGGWAY International Asia Private Limited, GoodWin Conveyor Tex, Sachit Industries, SAFA AGRO Pvt. Ltd., etc.

Browse our full report with Table of Contents : http://www.marketreportsonindia.com/marketreports/india-egg-powder-market-by-type-whole-egg-powder-egg-yolk-powder-and-egg-albumen-powder-by-end-use-food-beverages/1546382

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Sophia Jones

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Sophia Jones
Joined: August 22nd, 2017
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