Egg and Egg Products Market Size, Share and Forecast (2024-2031)

Egg and Egg Products Market By Product Type {Egg (Whole Eggs, Egg Whites, Egg Yolks, Egg Substitutes) Egg Products (Liquid Egg Products, Dried Egg Products, Frozen Egg Products, Specialty Egg Products By Form (Solid, Liquid, Frozen)} By Application {Food & Beverage (Bakery & Confectionery, , Dairy & Desserts, Sauces & Dressings, Ready-to-Eat Meals, Meat Products, Others), Nutraceuticals and Dietary Supplements, Personal Care and Cosmetics, Animal Feed} By Distribution Channel {B2B (Food Service, Food Processing Companies, Industrial Users), B2C (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retailers), Others} and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Market Overview

Global Egg and Egg Products Market reached US$ 33,320.0 million in 2023 and is expected to reach US$ 52,763.9 million by 2031, growing with a CAGR of 5.9% during the forecast period 2024-2031.

The egg and egg products market is driven by the demand for high-quality proteins and vitamins, with eggs widely used in food production, including bakery products, emulsions and foams. Key producing regions include the EU, China and North-Central America, though trade is limited due to the perishable nature of shell and liquid egg products. The market is experiencing a shift toward processed egg products, including liquid, frozen and dried forms, catering to the food industry’s need for convenience and consistency.

Animal welfare concerns and stricter traceability requirements are reshaping the sector, particularly in the EU, where cage-free regulations are pushing suppliers to adopt more ethical farming practices. These changes are driving the demand for higher-quality egg products and more transparent supply chains. As the market adapts to regulatory pressures, there is an increasing focus on meeting consumer preferences for ethically produced and traceable egg products.

Market Scope

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Market Dynamics

Increasing Health Consciousness

The growing health consciousness among consumers is driving the demand for eggs and egg-based products. As consumers become more aware of the nutritional benefits, such as high-quality protein and essential vitamins, eggs are being increasingly incorporated into health-focused diets. It aligns with the rising popularity of low-carb and high-protein dietary trends, positioning eggs as a key staple in promoting overall wellness.

Additionally, consumers are increasingly seeking sustainably produced eggs, such as organic or free-range options, reflecting their concerns about ethical sourcing and environmental impact. The convenience of ready-to-eat egg products further boosts demand, catering to busy, health-conscious individuals. As a result, the egg market is experiencing growth, driven by both nutritional value and evolving consumer preferences.

For instance, in July 2024, Chulalongkorn University's Faculty of Allied Health Sciences introduced "eggyday," an innovative, ready-to-eat rice alternative made from egg whites. The product offers a nutritious option with low calories, high-quality protein, calcium, dietary fiber and gluten-free. Designed for health-conscious individuals, particularly those managing their weight, the elderly and diabetics, "eggyday" addresses concerns related to excessive rice consumption, such as weight gain and elevated blood sugar levels.

Rising Demand for Processed Foods

The rising demand for processed foods is significantly impacting the egg and egg products market, driven by the growing need for convenience, ready-to-eat meals and longer shelf-life products. As consumer preferences shift towards quick and easily prepared food options, egg-based ingredients such as powdered eggs, liquid eggs and egg substitutes are seeing increased adoption in food manufacturing.

The trend is further supported by the expanding use of eggs in processed snack foods, baked goods and sauces, as they offer cost-effective, high-quality protein and functional benefits. Consequently, egg producers and processors are innovating to meet the evolving needs of food manufacturers, ensuring product availability, safety and compliance with nutritional trends.

For instance, in August 2024, Egglife Foods Inc. expanded into the Canadian market, launching its egg white wraps. These low-carb, high-protein wraps provide a gluten-free, sugar-free alternative to traditional tortillas, appealing to health-conscious consumers. With over 14,000 retail locations across North America, the expansion capitalizes on the growing demand for functional, clean-label foods. The move enhances Egglife's position in the competitive alternative food sector.

Competition from Plant-based Alternatives

The growing competition from plant-based egg alternatives is emerging as a key restraint for the traditional egg market. Driven by consumer demand for healthier, more sustainable and ethical food choices, plant-based eggs offer benefits such as lower cholesterol, reduced environmental impact and no animal welfare concerns. As these alternatives continue to improve in taste, texture and affordability, they increasingly appeal to flexitarian consumers, who are shifting away from animal-based products.

As plant-based egg products continue to improve in taste, texture and affordability, they pose a direct challenge to conventional egg producers. With innovations in formulation and production methods, plant-based alternatives are becoming more competitive, offering both nutritional benefits and a reduced environmental footprint. Traditional egg producers respond by innovating or diversifying their offerings to maintain relevance in a market that is increasingly dominated by consumer demand for sustainable, ethical alternatives.

Segment Analysis

The global egg and egg products market is segmented based on product type, form, application, distribution channel and region.

The Surging Demand for Egg Products

The egg products segment is expected to be the dominant segment in product type holding an approximate market share of about 30% during the forecast period. Rising demand for egg products, such as liquid, frozen and dried eggs, is driven by their versatility, food safety and convenience for the foodservice and commercial food industries. These products, commonly used in items including mayonnaise, ice cream and bakery goods, are favored for their ease of handling and extended shelf life. 

The increasing adoption of pasteurized egg products helps mitigate the risks of foodborne illnesses, aligning with increased consumer awareness around food safety. Additionally, the foodservice sector, including restaurants, hospitals and fast-food chains, is turning to egg products as a reliable solution for high-volume operations. With processed egg products requiring minimal preparation and storage, they offer an efficient, cost-effective alternative to whole eggs. 

As food manufacturers continue to prioritize convenience, the demand for egg products is expected to keep rising, further boosting the market. For instance, in November 2024, Ready Egg Products launched UK’s first modern egg drying facility, enabling manufacturers to use the British Lion mark on egg powder products. The move expands the range of Lion egg products and addresses the growing consumer demand for British-sourced ingredients in prepared foods. The facility, commissioned in 2022, is the only one of its kind in UK and Ireland. Top of Form

Geographical Penetration

Rising Demand for Egg and Egg Products in Asia-Pacific

Asia-Pacific is expected to be the dominant region in the global egg and egg products market holding an approximate market share of 36% during the forecast period. The demand for eggs and egg products in Asia-Pacific is on the rise, driven by increasing health awareness, protein-focused diets and urbanization. With the growth of food service and food processing sectors, liquid and powdered eggs are gaining traction for their convenience. Additionally, a shift towards sustainable, cage-free eggs is emerging as consumers and corporations prioritize ethical sourcing and animal welfare. The trend is expected to shape premium market segments across the region.

For instance, in February 2024, the Walt Disney Company pledged to source only cage-free shell and liquid eggs across all its parks and resorts in Hong Kong and Shanghai by 2030. The initiative aligns with Disney's sustainability objectives, emphasizing ethical business practices and environmental responsibility. By transitioning to cage-free eggs, Disney aims to reduce its ecological footprint while supporting humane animal treatment, reinforcing its commitment to responsible sourcing and sustainable operations.

Competitive Landscape 

The major global players in the market include Rose Acre Farms, Cal-Maine Foods, Inc., Rembrandt Foods, Hillandale Farms, SKM Egg Products, EUROVO S.r.l, OVOBEL, Interovo Egg Group BV, IGRECA, Venky’s India and Michael Foods, Inc.

Russia-Ukraine War Impact Analysis

The Russia-Ukraine conflict has caused severe damage to Ukraine’s egg and poultry sector, with key production facilities destroyed and operations halted. Avangard, the country’s largest egg producer, reported losses of 1.5 billion hryvnias (US$51 million), with millions of hens lost due to feed shortages and infrastructure disruptions. The destruction of the Chornobayivska egg cluster, one of Europe’s largest, risks further environmental impacts and may lead to a nationwide egg shortage.

Additionally, Ukraine’s leading poultry producer MHP suffered losses of 230 million hryvnias (US$8 million) after Russian shelling destroyed a major frozen food warehouse shared by retail chains. Despite operational setbacks, Avangard continues to support local communities and the Ukrainian armed forces through donations of eggs, fuel and other resources. The conflict underscores the vulnerability of Ukraine’s food production infrastructure amid geopolitical instability.

By Product Type

• Egg

• Whole Eggs

• Egg Whites

• Egg Yolks

• Egg Substitutes

• Egg Products

• Liquid Egg Products

• Dried Egg Products

• Frozen Egg Products

• Specialty Egg Products

By Form

• Solid

• Liquid

• Frozen

By Application

• Food & Beverage

• Bakery & Confectionery

• Dairy & Desserts

• Sauces & Dressings

• Ready-to-Eat Meals

• Meat Products

• Others

• Nutraceuticals and Dietary Supplements     

• Personal Care and Cosmetics   

• Animal Feed         

• Others

By Distribution Channel

• B2B

• Food Service

• Food Processing Companies

• Industrial Users        

• B2C

• Supermarkets/Hypermarkets

• Convenience Stores

• Specialty Stores

• Online Retailers

By Region

• North America

  • US

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • Rest of Europe

• South America

  • Brazil

  • Argentina

  • Rest of South America

• Asia-Pacific

  • China

  • India

  • Japan

  • Australia

  • Rest of Asia-Pacific

• Middle East and Africa

Key Developments

• In November 2024, READY EGG PRODUCTS launched the UK’s first modern egg drying facility, enabling manufacturers to access British Lion-certified egg powder for the first time. The British Egg Industry Council (BEIC) supports this launch, noting it expands the range of trusted Lion egg products available to manufacturers.

• In October 2022, The American Egg Board launched the Eggcelerator Lab, an innovation hub dedicated to advancing egg-based products. The initiative connects resources, expertise and insights to bring innovative egg-based products to market, showcasing novel uses for eggs and egg ingredients. The initiative aims to explore new consumption formats and broaden the appeal of eggs in diverse culinary applications.

Why Purchase the Report?

• To visualize the global egg and egg products market segmentation based on product type, form, application, distribution channel and region as well as understand key commercial assets and players.

• Identify commercial opportunities by analyzing trends and co-development. 

• Excel data sheet with numerous data points of the egg and egg products market-level with all segments.

• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.

• Product mapping available as excel consisting of key products of all the major players.

The global egg and egg products market report would provide approximately 73 tables, 63 figures and 209 pages.

Target Audience 2024

• Manufacturers/ Buyers

• Industry Investors/Investment Bankers

• Research Professionals

• Emerging Companies