A new report by XploreMR studies the growth drivers, trends, restraints, and highlights of the global egg white powder market. Presenting exclusive insights into the market from 2019 to 2029, the report projects that the market will witness notable growth during the forecast period. Egg white powder is rich in vital amino acids, bioactive, and proteins, which help in muscle growth and bone formation. On the back of this facet, egg white powder is rampantly used in the production of various food & beverage products. Being meat-free, protein-rich, and allergen-free, egg white powder finds high traction among consumers and F&B players alike, which is expected to remain the major growth driver of the market. Moreover, the growing trend of health & wellness in developed economies will continue to complement the healthy growth of the market through the forecast period.
Rich-protein Content Invigorates Consumption in F&B Industry
Owing to the increased number of consumers with food allergy and intolerance, egg white powder is finding significant adoption as an alternative food ingredient. The adoption is also bolstered by its rich protein content, the healthy composition of amino acids, calcium, and minimal cholesterol. Furthermore, egg white powder's meat-free nature is a major factor contributing to sales, especially among vegetarian consumers. The growing shift towards vegetarianism is expected to translate into lucrative revenue opportunities for the players in the egg hit power market. The mild flavor of egg white powder also complements its usage as an ingredient in the production of processed food products. Moreover, egg white powder is gaining traction in the healthcare landscape, owing to increasing adoption in dietary supplements and pharmaceuticals, owing to its rich protein content. This is expected to contribute to the growth of the market in the forthcoming years. Being diet-friendly and lactose-free, egg white powder is expected to witness a surge in usage owing to the prevailing health & wellness trend among consumers. Rising awareness among the consumers regarding the health benefits of protein intake is also expected to upshot market growth through the forecast period.
Asia Pacific Set for Impressive Growth While North America and Europe Continue to Lead
Asia Pacific is expected to exhibit tremendous growth potential during the forecast period owing to increasing awareness among consumers regarding dietary intake and the presence of a flourishing processing food sector. Numerous market players are eyeing on the Asia Pacific region to leverage the high population base. Similarly, North America and Europe continue to channel a significant share of revenue, backed by high levels of disposable income, health consciousness among consumers, and a growing trend towards vegetarianism.