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Asia Pacific Egg White Powder Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (High-Whip and High Gel) and Application [Food and Beverages (Bakery and Confectionery, Dairy and Frozen Desserts, Beverages, Meat and Meat Substitutes, and Others), Personal Care, and Others]

June 2023 | 117 pages | ID: A42EFE93D1AFEN
The Insight Partners

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The Asia Pacific egg white powder market size was valued at US$ 664.40 million in 2022 and is projected to reach US$ 917.12 million by 2028; it is expected to grow at a CAGR of 5.5% from 2022 to 2028.

Egg white powder is a dehydrated form of egg whites using drying methods such as pan drying, spray drying, freeze-drying, and foam mate drying. Egg white powder is a rich source of protein, thus can be a used as an effective protein supplement in numerous food and beverage products. Asia Pacific has become a lucrative region and witnessed an increase in investments by manufacturers related to several industries such as food processing, pharmaceuticals, and dietary supplements. The Asia Pacific egg white powder market is growing with an upward trend, and manufacturers are making significant investments in research & development, partnerships, technological development, and collaborations to launch innovative products to tap into emerging market opportunities. Egg white powder has excellent foam stability, good gelling, whipping and water binding ability. Moreover, egg powders also serve as dairy-free protein alternatives, among health-conscious individuals and people having allergies to dairy proteins. Key benefits including large egg production and rising egg processing capacity will drive the egg white powder demand in the region. Further, the increasing demand for protein ingredients within various end-use industries such as food & beverages, pharmaceutical, personal care, animal feed and others are driving the Asia Pacific egg white powder market growth.

The Asia Pacific egg white powder market has been segmented based on type into high-whip and high-gel. The high-whip segment held the largest share in the Asia Pacific egg white powder market in 2021. Increasing demand for an excellent whipping and foam stability of has urged food and beverage manufacturers to include dried egg white powders in biscuits, cakes frozen desserts and meringues. High-whipping ingredients offer an economical option for foaming in products including foam kisses, meringues, marshmallows and macaroons. Moreover, increasing health consciousness and rising awareness about the health benefits of egg products are expected to drive the demand for high-whip egg white powders across the region.

Based on country, the Asia Pacific egg white powder market has been segmented into the Australia, China, India, Japan, South Korea, and the rest of Asia Pacific. In 2021, Japan held the largest revenue share of the Asia Pacific egg white powder market. The rising awareness amongst consumers in Japan regarding the health benefits of protein rich food drives the growth of the egg white powder market in Japan. Consumers in Japan have the highest per capita expenditure on cosmetics, including skin care products. The use of protein ingredients in manufacturing face packs, serums, and soaps bolsters the demand for pasteurized and spray dried powders in Japan. Besides, the use of protein enrichments in the pharmaceuticals and food processing industries favors the industry expansion in Japan.

Taiyo Kagaku Co Ltd, Netto Industria De Alimentos Ltda, OVODAN International AS, Ovostar Union NV, Foodchem International Corp, AgroEgg Pte Ltd, Egg Domain Pty Ltd, Parmovo Srl, Taj Agro International, and Venky's (India) Ltd are some of the major players operating in the Asia Pacific egg white powder market. Players operating in the Asia Pacific egg white powder market are adopting different strategies, such as investments in research and development activities and new product launches, to stand out as strong competitors in the market. Market players are highly focused towards the development of high quality and innovative product offerings to fulfil the customer’s requirements.

The size of overall Asia Pacific egg white powder market has been derived using both primary and secondary source. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Asia Pacific egg white powder market.
1. INTRODUCTION

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Egg White Powder Market, by Type
1.3.2 Asia Pacific Egg White Powder Market, by Application
1.3.3 Asia Pacific Egg White Powder Market, by Geography

2. KEY TAKEAWAYS


3. RESEARCH METHODOLOGY

3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:

4. EGG WHITE POWDER MARKET LANDSCAPE

4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis
4.4.1 Egg Suppliers
4.4.2 Egg White Powder Production Process
4.4.3 Distributors/Suppliers
4.4.4 End-Use Industries

5. ASIA PACIFIC EGG WHITE POWDER MARKET – KEY MARKET DYNAMICS

5.1 Market Drivers
5.1.1 Growing Utilization of Egg White Powder in Dietary Supplement Industry
5.1.2 Functional Advantages of Egg White Powder
5.2 Market Restraints
5.2.1 Volatility in Prices of Eggs
5.3 Market Opportunities
5.3.1 Government Initiatives Regarding Egg Production and Import in Asia Pacific
5.4 Future Trends
5.4.1 Increasing Use of Egg White Powder in Cosmetic and Pharmaceutical Products
5.5 Impact Analysis of Drivers and Restraints

6. EGG WHITE POWDER– ASIA PACIFIC MARKET ANALYSIS

6.1 Asia Pacific Egg White Powder Market Overview
6.2 Asia Pacific Egg White Powder Market –Revenue and Forecast to 2028 (US$ Million)
6.3 Competitive Positioning – Key Market Players

7. EGG WHITE POWDER MARKET ANALYSIS – BY TYPE

7.1 Overview
7.2 Asia Pacific Egg White Powder Market, By Type (2021 and 2028)
7.3 High-Whip
7.3.1 Overview
7.3.2 High-Whip: Egg White Powder Market – Revenue and Forecast to 2028 (US$ Million)
7.4 High-Gel
7.4.1 Overview
7.4.2 High-Gel: Egg White Powder Market – Revenue and Forecast to 2028 (US$ Million)

8. EGG WHITE POWDER MARKET ANALYSIS – BY APPLICATION

8.1 Overview
8.2 Egg White Powder Market, By Application (2021 and 2028)
8.3 Food and Beverages
8.3.1 Overview
8.3.2 Food and Beverages: Egg White Powder Market – Revenue and Forecast to 2028 (US$ Million)
8.3.3 Bakery and Confectionery
8.3.3.1 Overview
8.3.3.2 Bakery and Confectionery: Egg White Powder Market – Revenue and Forecast to 2028 (US$ Million)
8.3.4 Dairy and Frozen Desserts
8.3.4.1 Overview
8.3.4.2 Dairy and Frozen Desserts: Egg White Powder Market – Revenue and Forecast to 2028 (US$ Million)
8.3.5 Beverages
8.3.5.1 Overview
8.3.5.2 Beverages: Egg White Powder Market – Revenue and Forecast to 2028 (US$ Million)
8.3.6 Meat and Meat Substitutes
8.3.6.1 Overview
8.3.6.2 Meat and Meat Substitutes: Egg White Powder Market – Revenue and Forecast to 2028 (US$ Million)
8.3.7 Others
8.3.7.1 Overview
8.3.7.2 Others: Egg White Powder Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Personal Care
8.4.1 Overview
8.4.2 Personal Care: Egg White Powder Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Egg White Powder Market– Revenue and Forecast to 2028 (US$ Million)

9. ASIA PACIFIC EGG WHITE POWDER MARKET – COUNTRY ANALYSIS

9.1 Asia Pacific: Egg White Powder Market
9.1.1 Asia Pacific: Egg White Powder Market, by Key Country
9.1.1.1 Australia: Egg White Powder Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Australia: Egg White Powder Market, By Type
9.1.1.1.2 Australia: Egg White Powder Market, By Application
9.1.1.2 China: Egg White Powder Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 China: Egg White Powder Market, By Type
9.1.1.2.2 China: Egg White Powder Market, By Application
9.1.1.3 India: Egg White Powder Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 India: Egg White Powder Market, by Type
9.1.1.3.2 India: Egg White Powder Market, By Application
9.1.1.4 Japan: Egg White Powder Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Japan: Egg White Powder Market, By Type
9.1.1.4.2 Japan: Egg White Powder Market, By Application
9.1.1.5 South Korea: Egg White Powder Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 South Korea: Egg White Powder Market, By Type
9.1.1.5.2 South Korea: Egg White Powder Market, By Application
9.1.1.6 Rest of Asia Pacific: Egg White Powder Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Asia Pacific: Egg White Powder Market, By Type
9.1.1.6.2 Rest of Asia Pacific: Egg White Powder Market, By Application

10. IMPACT OF COVID-19 PANDEMIC ON ASIA PACIFIC EGG WHITE POWDER MARKET

10.1 Overview
10.2 Impact of COVID-19 on Egg White Powder Market
10.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic

11. COMPANY PROFILES

11.1 Taiyo Kagaku Co Ltd
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 AgroEgg Pte Ltd
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Egg Domain Pty Ltd
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Netto Industria De Alimentos Ltda
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 OVODAN International AS
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Ovostar Union NV
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Parmovo Srl
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Foodchem International Corp
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Taj Agro International
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Venky's (India) Ltd
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments

12. APPENDIX

12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES

Table 1. Asia Pacific Egg White Powder Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Asia Pacific Egg White Powder Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Asia Pacific Egg White Powder Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia Egg White Powder Market, By Type– Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia Egg White Powder Market, Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. China Egg White Powder Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. China Egg White Powder Market, Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. India Egg White Powder Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. India Egg White Powder Market, Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Japan Egg White Powder Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Japan Egg White Powder Market, Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. South Korea Egg White Powder Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. South Korea Egg White Powder Market, Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of Asia Pacific Egg White Powder Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of Asia Pacific Egg White Powder Market, Application – Revenue and Forecast to 2028 (US$ Million)
Table 16. List of Abbreviation
LIST OF FIGURES

Figure 1. Asia Pacific Egg White Powder Market Segmentation
Figure 2. Asia Pacific Egg White Powder Market Segmentation – By Geography
Figure 3. Asia Pacific Egg White Powder Market Overview
Figure 4. Asia Pacific Egg White Powder Market, By Application
Figure 5. Asia Pacific Egg White Powder Market, by Geography
Figure 6. Asia Pacific Egg White Powder Market, Key Market Players
Figure 7. Porter's Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. Egg White Powder Market – Ecosystem Analysis
Figure 10. Asia Pacific Egg White Powder Market: Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Asia Pacific Egg White Powder Market
Figure 12. Asia Pacific Egg White Powder Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Asia Pacific Egg White Powder Market: Key Players
Figure 14. Egg White Powder Market Revenue Share, By Type (2021 and 2028)
Figure 15. High-Whip: Egg White Powder Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. High-Gel: Egg White Powder Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Egg White Powder Market Revenue Share, By Application (2021 and 2028)
Figure 18. Food and Beverages: Egg White Powder Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Bakery and Confectionery: Egg White Powder Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Dairy and Frozen Desserts: Egg White Powder Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Beverages: Egg White Powder Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. Meat and Meat Substitutes: Egg White Powder Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Others: Egg White Powder Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. Personal Care: Egg White Powder Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. Others: Egg White Powder Market– Revenue and Forecast To 2028 (US$ Million)
Figure 26. Asia Pacific: Egg White Powder Market Revenue Share, by Key Country (2021 and 2028)
Figure 27. Australia: Egg White Powder Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. China: Egg White Powder Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. India: Egg White Powder Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Japan: Egg White Powder Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. South Korea: Egg White Powder Market –Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of Asia Pacific: Egg White Powder Market –Revenue and Forecast to 2028 (US$ Million)
Figure 33. Impact of COVID-19 Pandemic on Asia Pacific Egg White Powder Market


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