Global Frozen Egg Market Analysis and Forecast 2019-2028

Market Introduction: Key Takeaways

The global frozen egg system market is expected to reach a value of US$ 3.8 billion by 2028, growing at a CAGR of 6.5% during the forecast period 2023-2028. The market is driven by the increasing demand for convenience foods, the rising popularity of egg-based products, and the growing concerns about food safety.

The global frozen egg market has witnessed significant growth in recent years, driven by changing consumer preferences, technological advancements in food processing, and increased demand for convenient and nutritionally rich food products. Frozen eggs offer various benefits such as longer shelf life, easy storage, and reduced risk of bacterial contamination, making them a popular choice in the food industry.

Market Drivers and Trend Analysis

• Growing Demand for Convenience Foods: The busy lifestyles of consumers and the need for quick meal solutions have led to an increased demand for frozen egg products, as they provide a convenient and time-saving option for food preparation.
• Technological Advancements: Advancements in freezing and packaging technologies have improved the quality and shelf life of frozen eggs, ensuring that they retain their nutritional value and taste.
• Health and Wellness Trends: Consumers are increasingly adopting healthy eating habits, and eggs are considered a nutritious food source. Frozen eggs offer a convenient way to incorporate eggs into meals while maintaining their nutritional benefits.
• Expansion of Bakery and Confectionery Sectors: The bakery and confectionery industries are major consumers of frozen eggs, as they are used in the production of cakes, pastries, and other baked goods. The growth of these sectors is driving the demand for frozen eggs globally.

Key Segmental Analysis

The whole eggs segment holds a significant share of the frozen egg market. Whole eggs are used in a wide range of food products, including bakery items, ready-to-eat meals, and frozen desserts. They are favored for their versatility and ability to provide complete nutrition. Moreover, the egg whites segment is witnessing substantial growth due to increasing health consciousness and the demand for protein-rich food products.

Egg whites are low in fat and cholesterol and are extensively used in the production of protein bars, shakes, and other fitness-oriented food products. The egg yolk segment caters to the demand for products requiring emulsification and richness, such as sauces, dressings, and ice creams. Egg yolks are known for their high-fat content and are valued for their flavor-enhancing properties.

Furthermore, supermarkets and hypermarkets serve as major distribution channels for frozen egg products. These retail outlets offer a wide range of frozen food products, including frozen eggs, providing convenience and accessibility to consumers. Convenience stores play a crucial role in the distribution of frozen egg products, particularly in urban areas where consumers often opt for quick and easy meal solutions. The grab-and-go nature of convenience stores aligns with the demand for convenience foods. The online retail segment is experiencing rapid growth in the frozen egg market, driven by the increasing popularity of e-commerce and home delivery services. Online platforms provide consumers with a convenient way to purchase frozen egg products and have them delivered to their doorstep.

Global and Regional Market Analysis – Based on Market Intelligence

North America and Europe hold significant market shares in the frozen egg market, primarily driven by the high consumption of bakery products and the presence of well-established food processing industries. The Asia Pacific region is expected to witness rapid growth due to changing dietary patterns, urbanization, and increasing disposable incomes.

Competition Overview: Market Structure and Leading Players

The global frozen egg market is highly competitive, with several leading market players operating in the industry. Some of the prominent market players in the global frozen egg market include Cal-Maine Foods Inc., Eurovo Group, Rembrandt Foods, Michael Foods Inc., Hickman’s Family Farms, Papetti’s Hygrade Egg Products, Rose Acre Farms, Sauder’s Eggs, Wulro BV, Boulangerie-Patisserie Chabert among others.

These companies are focused on product innovation, strategic partnerships, and expansion into new markets to gain a competitive edge. Additionally, the market is characterized by the presence of several small and medium-sized players offering specialized products and services.

Key Market Segmentation: Global Frozen Egg Market

Rationalstat has segmented the global frozen egg market on the basis of product type, end user, and region.

• By Product Type
  • Whole Eggs
  • Egg Whites
  • Egg Yolk
• By End User
  • Food Processing
    • Sauces and Dips
    • Ice-creams
    • Frozen Desserts
    • Bakery Products
    • Confectionery
    • Dressings
    • Noodles and Pasts
    • Others (Mayo, etc.)
  • Retails
    • Offline Channel
      • Convenience Stores
      • Discount Stores
      • Modern Trade
    • Online Channel
      • E-commerce Websites
      • Brand-owned Websites
• By Region
  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Chile
    • Peru
    • Argentina
    • Rest of Latin America
  • Western Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Benelux
    • Nordic Countries
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Hungary
    • Czech Republic
    • Rest of Eastern Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • ASEAN (Indonesia, Vietnam, Thailand, Philippines, Malaysia, etc.)
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Turkey
    • Egypt
    • Sub-saharan
    • Rest of the Middle East & Africa

Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

Primary Intelligence

• RationalStat utilizes surveys, questionnaires, focus groups, and one-to-one interviews with CXOs, industry partners, trade bodies, association members, ex-employees, and industry professionals to collect insights and quantitative/qualitative data specific to client needs. RationalStat quickly gets to the ‘why’ behind the ‘what’ demonstrated by secondary data.
• RationalStat takes a unique approach to arrive at market conclusions and actionable insights for clients.
• We have the technology and strong in-house resource pool with extensive experience in the global and regional markets, across a wide variety of categories and stakeholders.
• Strong language proficiency and capability with coverage across more than 70 language areas.

Secondary Sources

• Annual reports, company filings, investor presentations, product catalogs, and company documents
• Industry and market-related documents available in the public domain
• Paid databases including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, and Thomson Reuters, among others
• Whitepapers, research papers, and industry blogs

Why Buy this Report?

The report is intended for service providers, manufacturers, industry stakeholders, government organizations, marketing departments, R&D professionals, insurance organizations, regulatory agencies, and market research firms, among others. The report provides an in-depth analysis of market size, consumption patterns, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions.