Egg is a major source of protein, micronutrients and fats. Egg protein is consumed in form of dietary supplement as it is lean, lactose and carbohydrates free protein source. Increasing awareness regarding the benefits of high protein food consumption and rising usage of egg protein for muscle repairing, muscle building are the factors driving growth of the global egg protein market. However, the addition of various pharmaceutical drugs to the egg powder and diseases among poultry animals may affect the quality of the eggs and hamper the growth of the egg protein market in the near future.
The global egg protein market report has been segmented on the basis of product type, flavor, distribution channel, and region. On the basis of product type, the market is segmented into egg white powder and egg yolk powder. Egg white powder dominates the global market in terms of revenue and expected to maintain its dominance over the forecast period, owing to individuals inclining towards less fat and cholesterol content food. On the basis of flavor, the market is segmented into chocolate flavor, strawberry flavor, vanilla flavor, and unflavored. Chocolate flavor segments dominate the global market and expected to maintain its position in the near future, owing to popularity of chocolate flavor among consumers of all age groups. On the basis of distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, medical and drug stores, and online stores. Currently, medical and drug store segment contributing leading share to the global market in terms of revenue. Online segment is also expected to witness lucrative growth in the near future, owing to the increasing popularity of online shopping.
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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Currently, the market in North America dominates the global market in terms of revenue, due to increasing demand and consumption of protein supplements especially by young population in this region. The market in Asia Pacific is expected to register fastest growth in terms of revenue over the forecast period, owing to increasing adoption of egg protein consumption for protein requirements of individuals. The market in Europe also anticipated to show moderate growth in the near future.
Key players operating in the global egg protein market include Avangardco Investments Public Ltd, SANOVO TECHNOLOGY A/S, Hedegaard A/S, IGRECA SA, Interovo Egg Group BV, Bouwhuis Enthoven B.V., BNL Food Group, Michael Foods, Inc., Groupe Eurovox, SA, and Rose Acre Farms, Inc.