Hen Egg White Protein Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
Global hen egg white protein market is forecasted to reach USD 23 billion by 2024 growing at a CAGR of 3.9% during the forecast period (2019 - 2024). Lysozyme holds the maximum share in the market.
Key HighlightsProtein consumption continues to be a global trend, becoming more than just a part of regular meals. Protein has become a staple for those looking to build muscles or quick recovery after exercise. Egg white protein has a slower absorption rate, when compared to other popular proteins. Slow-absorbed protein allows for better protein anabolism and consuming a slow-absorbing protein is considered ideal after exercise or training. With such functional benefits, the demand for egg white protein is increasing with a considerable growth rate in animal protein market. In order to meet the booming demand, many manufacturers are introducing supplements incorporated with egg white protein.
Europe Remains the Extensive MarketThe market for hen egg white protein in Europe is driven by the increased consumer awareness regarding the functional benefits associated with it. The demands from geriatric and nutritional food sectors are also fueling the market. Demand for egg whites is rising in United Kingdom, as fast-food chains are making albumen-only breakfast sarnies, flatbreads, and burritos to the consumer as a nod to healthy eating. It has been observed that egg whites are now significantly more expensive than yolks. Further, in some parts of Europe, it has been observed that, use of egg white in meat processing industry is rather a matter of economic advisability than influence of protein enrichment trend. Russia imports egg white from Italy, Argentina, France, Poland, Sweden, and Belgium with the largest share( 40%) controlled by Italy.
Competitive LandscapeGlobal hen egg white protein market is highly consolidated. Bouwhuis Enthoven, Merck KGaA (Sigma Aldrich), and Calzyme are few companies active in the market. The major companies have an extensive product portfolio in the hen egg white protein market with different concentration and grades. These are used as ingredients in different applications, such as dietary functional food, pharmaceuticals, beverages, animal feeds, cosmetic, bakery, and confectionery.
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