Egg Protein Market Size, Share & Trends Analysis Report By Product (Egg White Protein, Whole Egg Protein, Egg Yolk Protein), By Application (Nutrition, Feed), By Form (Solid, Liquid), By Region, And Segment Forecasts, 2024 - 2030

Egg Protein Market Size & Trends

The global egg protein market size was estimated at USD 8.65 billion in 2023 and is projected to grow at a CAGR of 5.2% from 2024 to 2030. A key driver for the market growth is the rising health consciousness among consumers. As people become more aware of the importance of maintaining a balanced diet, there has been a notable shift towards high-protein food items. Egg protein is recognized for its numerous health benefits, including promoting weight loss and muscle growth, making it a preferred choice for those engaged in fitness activities. This trend is particularly evident among young adults increasingly incorporating protein-rich diets into their lifestyles, further fueling demand for egg protein products.

The sports nutrition industry has grown substantially, with egg protein emerging as a key ingredient in many supplements and dietary products. Athletes and fitness enthusiasts favor egg protein for its high nutrient content without excessive fats or calories, making it ideal for muscle building and recovery. Incorporating egg protein into gym supplements aligns with the increasing popularity of fitness activities globally, thereby driving market expansion. This segment is expected to account for a significant market share as consumers prioritize performance-enhancing nutritional products.

Urbanization and evolving lifestyles, especially in developing regions, are also contributing to the growth of the egg protein industry. As disposable incomes rise, consumers are more inclined to invest in health-oriented food products. Adopting modern dietary habits influenced by Western cultures has led to increased consumption of protein-rich foods like eggs. In addition, innovative culinary applications utilizing egg proteins in various recipes have emerged, enhancing their appeal in everyday diets and boosting market demand.

The food and beverage sector is crucial in driving the egg protein industry. There is a growing demand for egg proteins as functional ingredients in various food products, including bakery items and processed foods. Egg proteins' versatility allows them to be used as emulsifiers and stabilizers, further enhancing their desirability among food manufacturers. As consumer preferences shift towards healthier options, the incorporation of egg proteins into mainstream food products is expected to grow significantly.

The increasing prevalence of chronic diseases such as cardiovascular conditions has prompted consumers to prioritize healthier eating habits. This shift has led to a higher intake of protein-rich foods like egg proteins, known for their beneficial effects on health. As individuals seek to mitigate health risks through dietary changes, the demand for nutritious alternatives like egg protein continues to rise, propelling market growth.

The cosmetic industry has begun recognizing the benefits of egg proteins, leading to increased demand for personal care products. Egg proteins are valued for their skin-smoothing properties and ability to improve overall skin appearance. As consumers become more aware of the benefits of natural ingredients in cosmetics, applying egg proteins in skincare formulations is expected to expand further, providing an additional avenue for market growth.

One of the primary challenges for the egg protein industry is the presence of hormones, antibodies, and pharmaceuticals in egg products. These substances can raise health concerns among consumers, leading to hesitancy in purchasing egg protein products. The potential health risks associated with these contaminants may deter health-conscious consumers from incorporating egg proteins into their diets, thereby affecting overall market growth.

Regulatory compliance presents another challenge for the egg protein industry. The industry must adhere to stringent food safety and quality regulations imposed by various governmental bodies. These regulations can complicate production processes and increase operational costs, particularly for smaller manufacturers struggling to meet compliance standards. In addition, any changes in food safety or labeling rules could significantly impact market dynamics.

Product Insights

Egg white protein was the most significant product category in the market, with a revenue of USD 4.45 billion in 2023. Egg white protein is the most dominant segment in the market, accounting for a significant share due to its high protein content and low fat and cholesterol levels. This type of protein is particularly popular among fitness enthusiasts and health-conscious consumers. Increasing nutrition awareness has led to a growing demand for high-protein, low-calorie food options, making egg white protein a favored choice for dietary supplements and meal replacements. Its functional properties, such as emulsification and foaming, are widely used in the food and beverage industry, particularly in baking and confectionery products. The rising trend of clean-label products has also propelled the demand for natural ingredients like egg white protein, further enhancing its market growth.

The whole egg protein segment is gaining traction due to its comprehensive nutritional profile, which includes essential vitamins and minerals and high-quality protein. This type appeals to consumers looking for complete nutrition, particularly in breakfast foods. Consuming whole eggs as part of a healthy diet has contributed to its substantial market share.

The global egg protein industry is expected to grow significantly, with whole egg protein being a key contributor due to its versatility in various culinary applications. The increasing popularity of whole eggs in meal prep and cooking reflects a broader shift toward nutrient-dense foods among consumers seeking balanced diets. This segment also benefits from the rise in demand for functional foods that provide additional health benefits.

The egg yolk protein segment is expected to grow at a CAGR of 6.6% from 2024 to 2030. This growth is driven by increasing recognition of its unique benefits, particularly its emulsifying properties that are valuable in food production, especially in sauces and dressings. The demand for egg yolk protein is also expanding beyond food applications into sectors like cosmetics and personal care products, where it is valued for its skin-smoothing properties. As consumers become more aware of natural ingredients in beauty products, including egg yolk protein, it could increase usage in formulations to enhance skin health.

Form Insights

Solid egg protein was the most extensive application for egg protein, accounting for a market revenue of USD 6.23 billion in 2023. Solid egg protein, often available in powdered form, holds a significant share of the egg protein industry due to its superior shelf stability and ease of handling and storage. This form is favored in various applications, including food and beverages, nutrition, personal care, and animal feed. The solid form's longer shelf life than the liquid form makes it a preferred choice for manufacturers and retailers. Solid egg protein is valued for its functional properties, such as foaming, gelling, and emulsifying. These characteristics make it an essential ingredient in many food products, particularly baking and confectionery.

The growing demand for processed foods that require stable emulsions has further driven the uptake of solid egg proteins in the food industry. The convenience of using powdered egg protein in various recipes contributes to its popularity. Consumers appreciate the ability to easily incorporate solid egg protein into smoothies, baked goods, and protein bars without extensive preparation. This versatility caters to the rising trend of meal prepping among health-conscious consumers who seek convenient yet nutritious options in their diets.

While solid egg protein dominates the market, liquid egg protein is witnessing rapid growth and is projected to register a CAGR of 5.5% during the forecast period. This growth is primarily driven by increasing consumer awareness about healthy diets and nutritional foods. Liquid egg proteins are particularly appealing for their convenience in preparation and use in various culinary applications such as sauces, dressings, and ready-to-eat meals. Liquid egg proteins are known for their high protein content and low-calorie profile, making them attractive to health-conscious consumers. They provide an easy source of concentrated protein for individuals seeking to meet higher dietary needs due to fitness routines or surgery recovery. The demand for liquid egg whites has surged as consumers increasingly seek low-fat options that still deliver high nutritional value. Liquid egg proteins are also gaining traction in the dietary supplement sector. Their high digestibility makes them suitable for protein shakes and recovery drinks aimed at athletes and fitness enthusiasts. The increasing focus on health supplements that support muscle recovery and overall wellness is expected to drive demand for liquid egg proteins further.

Application Insights

Food & beverages were essential applications for the egg protein industry and are expected to be valued at USD 3.62 billion in 2023. In the food and beverages sector, egg proteins are extensively utilized for their multifunctional properties. They serve as emulsifiers, foaming agents, thickening agents, and texturizers in products like bakery items, sauces, and dressings. The growth in this segment is primarily attributed to increasing consumer demand for protein-rich foods, as egg proteins are recognized for their high nutritional value and complete amino acid profile. In addition, the functional properties of egg proteins enhance the texture and stability of food products, making them appealing to manufacturers. With busy lifestyles leading consumers to prefer ready-to-eat and easy-to-prepare options that do not compromise health, egg proteins provide a nutritious ingredient that can be seamlessly incorporated into various recipes.

The nutritional application of egg protein is expected to grow at a CAGR of 5.7% from 2024 to 2030. In the nutrition segment, which includes dietary supplements and protein powders that utilize egg proteins as a primary ingredient, growth is driven by rising health awareness among consumers regarding the importance of protein in diets for muscle maintenance and overall health. The trend of fitness and bodybuilding has led to increased demand for effective protein supplements, with egg proteins being favored for their digestibility and nutrient density. Moreover, manufacturers are investing in research and development to create innovative formulations that enhance the functional properties of egg proteins, making them more appealing to health-conscious consumers.

Regional Insights

The North America egg protein market held a global revenue share of USD 3.71 billion in 2023. This region holds the largest share of the egg protein industry, driven by a strong consumer focus on health and wellness. The increasing awareness of the benefits of high-protein diets has led to a surge in demand for egg protein products. Urbanization and Western dietary influences have also contributed to this growth, as more consumers adopt active lifestyles that prioritize nutritious food options.

U.S. Egg Protein Market Trends

The U.S. egg protein industry is expected to grow at a CAGR of 4.8% from 2024 to 2030. There is a strong focus on maintaining healthy and active lifestyles among consumers, which has led to an increased emphasis on nutritious diets that include high-quality protein sources like eggs. The U.S. Department of Health and Human Services recommends eggs as part of a healthy diet, further reinforcing their consumption among health-conscious individuals. The trend of protein fortification in food products is also gaining traction as consumers look for ways to enhance their dietary intake without sacrificing taste or convenience. In addition, the bakery industry in the U.S., which utilizes egg proteins in various products such as cakes and pastries, continues to thrive, contributing to overall market growth. As awareness around fitness and health concerns rises-particularly among younger demographics-the demand for egg white powders and other egg protein forms is expected to increase significantly in the U.S., solidifying its position as a global leading market for egg proteins.

Asia Pacific Egg Protein Market Trends

Asia Pacific egg protein industry is anticipated to grow at a significant CAGR over the forecast period. The increasing awareness of health and nutrition among consumers is a major driver of market growth. As people become more health-conscious, a growing demand for high-protein food items is growing. Egg white protein, known for being low in fat and cholesterol while containing all essential amino acids, is particularly appealing to athletes and fitness enthusiasts looking to enhance their protein intake. The pharmaceutical and nutraceutical sectors increasingly adopt egg proteins for their bioactive properties and health benefits. Products developed from egg proteins, such as ovalbumin and ovomucin, are gaining traction for their potential health benefits, including immune modulation and antioxidant activity. This trend is further fueled by the rising prevalence of lifestyle-related diseases, prompting consumers to seek healthier dietary options.

Key Egg Protein Company Insights

The competitive landscape of the egg protein industry is characterized by a mix of established players and emerging companies, each vying for market share in a growing industry. These companies focus on various strategies such as product innovation, mergers and acquisitions, and geographic expansion to enhance their market presence. For instance, recent acquisitions like Symrise's purchase of Schaffelaarbos highlight the trend of companies seeking to bolster their portfolios with sustainable egg protein sources.

Egg Protein Market Report Scope

Global Egg Protein Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and analyzes the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global egg protein market report by product, application, form, and region:

• Product Outlook (Revenue, USD Billion, 2018 - 2030)

  • Egg White Protein

  • Whole Egg Protein

  • Egg Yolk Protein

• Form Outlook (Revenue, USD Billion, 2018 - 2030)

  • Solid

  • Liquid

• Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Food & Beverage

  • Nutrition

  • Feed

  • Personal Care & Cosmetics

  • Others

• Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • Japan

    • India

    • Australia & New Zealand

    • South Korea

  • Central & South America

    • Brazil

  • Middle East & Africa

    • UAE