The Asia Pacific Egg Processing Market would witness market growth of 5.1% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 1,628.5 kilo tonnes, showcasing a growth of 13.4% (2020-2023).
In the egg processing market, organic egg products represent a growing segment that caters to consumers seeking natural, sustainable, and ethically produced food options. Organic egg products are derived from eggs laid by free-range hens that are raised without the use of antibiotics, hormones, or synthetic pesticides. Thus, the China market consumed 106.68 kilo tonnes of organic egg products in 2023.
The China market dominated the Asia Pacific Egg Processing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,165.3 million by 2031. The Japan market is exhibiting a CAGR of 4.4% during (2024 - 2031). Additionally, The India market would experience a CAGR of 5.7% during (2024 - 2031).
The food service industry relies on processed egg products for their versatility, convenience, and cost-effectiveness in food preparation. Liquid egg products are utilized in restaurants, hotels, catering services, and institutional kitchens for a wide range of applications, including breakfast dishes (e.g., scrambled eggs, omelets), baked goods (e.g., pancakes, waffles), and savory dishes (e.g., quiches, frittatas). Pre-cooked egg products, such as hard-boiled eggs and egg patties, are popular for food service establishments’ grab-and-go breakfast options, salad bars, and sandwich fillings.
Furthermore, the bakery and confectionery industry relies heavily on processed egg products for their functional properties and contributions to texture, flavor, and appearance in baked goods and confections. Liquid egg products are essential in cakes, muffins, cookies, and pastries, providing leavening, moisture retention, and emulsification. Egg whites are commonly used in meringues, macarons, and angel food cakes for their foaming and stabilizing properties, while egg yolks contribute richness and color to custards, creams, and frostings. The expansion of the bakery sector translates into higher demand for processed egg products.
Similarly, as egg production increases, more egg products may be available for processing in Australia. Egg processors may diversify their product offerings to include a wider range of processed egg products such as liquid eggs, egg powders, and specialty egg derivatives to meet the diverse needs of food manufacturers and consumers. According to the Australian Government, the nominal value of Australian egg production is forecast to increase by 3% to $1.3 billion in 2023–24. In 2024–25, the nominal value of Australian egg production is forecast to remain steady at $1.3 billion. Therefore, the increasing production of eggs in the region is driving the market’s growth.
Free Valuable Insights: The Global Egg Processing Market is Predict to reach USD 52 Billion by 2031, at a CAGR of 4.9%
Based on Nature, the market is segmented into Inorganic Egg Products, and Organic Egg Products. Based on Product, the market is segmented into Liquid Egg Products, Dried Egg Products, and Frozen Egg Products. Based on End-Use, the market is segmented into Food Processing & Manufacturing (Processed Foods & Ready Meals, Bakery & Confectionary, Dietary Supplements, Others), Food Service, and Retail. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
By Nature (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Product (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By End-Use (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
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