The global egg white cubes market size is expected to be valued at USD 541.7 Million in 2032. Increasing usage of egg protein in the sports nutrition and bakery industries is likely to augment sales of egg white cubes in the upcoming years.
As per a report by FMI, the global egg white cubes market is anticipated to reach USD 296.3 Million in 2022 and exhibit steady growth at a CAGR of 4.2% in the forecast period from 2022 to 2032. Surging development of egg protein powder with various flavors, such as strawberry, vanilla, and chocolate is a major factor that is set to push the global market.
Report Attribute | Details |
---|---|
Egg White Cubes Market Estimated Base Year Value (2021) | USD 289.1 Million |
Egg White Cubes Market Expected Market Value (2022) | USD 296.3 Million |
Egg White Cubes Market Anticipated Forecast Value (2032) | USD 541.7 Million |
Egg White Cubes Market Projected Growth Rate (2022-2032) | 4.2% CAGR |
Egg white cubes are considered to be an innovative food product that enable people to cook several dishes in various types of ways depending on their taste requirements. These cubes do not contain a fishy odor and thus can be used in a wide range of food preparations.
As egg white cubes have very low calorie content and zero cholesterol, these are often included in the daily diets of people. The demand for egg white cubes is anticipated to surge at a rapid pace owing to its ability to provide amino acids that human bodies cannot produce.
Egg white cubes are gaining immense popularity in the sports nutrition sector as these contain high amounts of protein. Increasing number of health-conscious consumers in both developed and developing countries is a crucial factor that is set to aid growth.
Moreover, launch of novel egg protein products, including health supplements to complement the paleo diet of athletes and health-conscious consumers is another factor that would push sales. Egg white cubes also help in increasing an individual’s muscle gain and initiating weight loss.
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Increasing inclination of consumers towards product labels to get a clear picture of the quality and quantity of fats, sugars, nutrients, and other ingredients in packaged food items is likely to fuel the global egg white cubes market growth during the forthcoming years. Manufacturers are nowadays using egg protein in both low in fat and nutritious food items.
Besides, the presence of one or more nutrients, including riboflavin or vitamin D in egg white cubes can appeal to today’s health-conscious consumers and create ample marketing scope for key players in the market. Increasing launch of additive-free and natural egg white cubes by key players to satiate the needs of the sports nutrition sector is also expected to drive growth.
Egg whites provide less choline, which is an essential nutrient required for efficient fat metabolism and cell communication. Whole eggs offer about 35% of the daily choline requirements, while egg whites provide only 2.7% milligrams of choline, which is less than 1% of the recommended regular intake.
On the other hand, egg whites deliver a smaller amount of essential minerals. Whole eggs provide 0.9 milligrams of iron, whereas an egg white offers only 0.03 milligrams of iron. Also, egg whites lack vitamin B-12 which is otherwise found in whole eggs. Spurred by the aforementioned disadvantages, sales of egg white cubes may decline in the upcoming years.
Asia Pacific is expected to generate the largest egg white cubes market share in the evaluation period. Increasing working population in emerging economies, such as India, China, and Vietnam is anticipated to spur the demand for healthy food items, thereby driving the market.
Rising consumption of egg white protein among regular gym-goers and fitness enthusiasts across Asia Pacific is another significant factor that is estimated to bolster the regional market.
Further, high demand for standardized and fortified food and beverages across various countries in Asia Pacific is likely to spur growth. Increasing need for weight management products that have high protein and low fat content is another crucial factor that would fuel the Asia Pacific market.
Growing shift of consumers towards healthy diets and rising awareness about health and wellness in developed countries, such as the USA and Canada are expected to boost North America. Increasing cases of malnutrition among people in developed countries is also expected to accelerate the regional market.
As per the USA Department of Agriculture, in 2020, about 13.8 million households in the USA were food insecure, while nearly 5.1 million households had very low food security in the country. These numbers are projected to grow at a considerable pace in the assessment period, thereby fueling the demand for egg white cubes.
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Some of the renowned companies operating in the global egg white cubes market include SKM, Copain, Ovo Fit Eiprodukte, and Munax among others.
The global market is highly competitive and fragmented in nature with the presence of various large- and small-scale companies. The majority of these companies are aiming to strengthen their presence by engaging in mergers and acquisitions. Some of the other companies are striving to establish partnerships with start-up players to create novel products and gain a competitive edge.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 4.2% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
Distribution Channel, Region |
Regions Covered |
North America; Latin America; Western Europe; Eastern Europe; APEJ; Japan; Middle East and Africa |
Key Countries Profiled |
USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
Key Companies Profiled |
SKM; Copain; Ovo Fit Eiprodukte; Munax |
Customization | Available Upon Request |
The global egg white cubes market is set to surpass USD 541.7 Million in 2032.
Asia Pacific is set to lead the egg white cubes market in the forecast period.
SKM, Copain, Ovo Fit Eiprodukte, and Munax are some of the renowned companies in the egg white cubes market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Egg White Cubes Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Egg White Cubes Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Distribution Channel 5.1. Hypermarkets & Supermarkets 5.2. Online Channel 5.3. Indirect Sales 5.4. Convenience Stores 5.5. Departmental Stores 6. Global Egg White Cubes Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 6.1. North America 6.2. Latin America 6.3. Europe 6.4. Asia Pacific 6.5. MEA 7. North America Egg White Cubes Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 8. Latin America Egg White Cubes Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9. Europe Egg White Cubes Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Asia Pacific Egg White Cubes Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. MEA Egg White Cubes Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. Key Countries Egg White Cubes Market Analysis 13. Market Structure Analysis 14. Competition Analysis 14.1. Copain 14.2. Munax 14.3. SKM 14.4. Ovo Fit Eiprodukte 15. Assumptions & Acronyms Used 16. Research Methodology
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