Fortified Eggs Market slated to grow at a CAGR of 8.3% with Valuation of US$ 805.3 Mn by 2032
According to a recent report by Future Market Insights, the global sales of fortified eggs are estimated to reach a value of US$ 805.3 Mn by 2032, with overall market accelerating at 8.3% CAGR over the forecast period (2022-2032).
Increased consumption of processed foods facilitated by practical accessibility to them through well-developed retail channels will boost the industry’s growth. Fortified eggs give consistency and help in maintaining the smoothness of emulsions in food or drink manufacturing processes.
Rapid urbanization and robust economic growth have amplified the demand for processed foods across the world. In order to improve the quality, appearance, texture, and nutritional content of these processed foods, manufacturers use products like fortified eggs.
Thus, rapid expansion of food processing and food service industries will continue to boost growth of the global fortified eggs market during the forecast period.
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Similarly, rising awareness about the health benefits of fortified eggs, especially across emerging economies will boost sales in the market.
Key Takeaways from Market Study
- Based on nutrients, omega-3 fatty acids segment is expected to grow at a CAGR of 7.5% during the forecast period.
- By end use application, food processing segment is likely to emerge as the most remunerative segment in the global fortified eggs market during the forecast period.
- North America will continue to remain the most dominant fortified eggs market during the assessment period.
- The fortified eggs market in Germany is anticipated to reach a valuation of US$ 20.6 Mn by 2032.
- The U.S. fortified eggs market is projected to reach a market valuation of US$ 90.8 Mn by 2032.
“Fortified eggs are used in bakery and confectionary products in the food and beverage industry. Thus, rapid production and consumption of these products will continue to boost fortified egg sales over the next ten years,” says a lead analyst at Future Market Insights.
Who is Winning?
The market participants in the Fortified Eggs market are using a variety of development strategies to increase their market share, increase profitability, and remain competitive.
Clover Stornetta Farms, Inc., Eggland’s Best, Inc., Oakdell, NutriPlus, Boulder Brands USA, Inc., Farm Pride Foods Ltd., Vital Farms, Wilcox, Organic Valle, and Nutrigroupe etc. are among the key players profiled in the report.
Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of Fortified Eggs presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.
The study divulges compelling insights on the Fortified Eggs based on Micronutrients (Vitamins, Folic Acid, Vitamin D, Omega-3 fatty acids, Others), by End Use Application (Bakery, Confectionery, Beverages, Dairy Products, Processed Food, Food Service, and Retail Others (Pet Food, etc.)), and across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).
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About Food & Beverage Division at Future Market Insights
The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.
Fortified Eggs Market by Category
- Folic Acid
- Vitamin D
- Omega-3 fatty acids
By End Use Application:
- Food Processing
- Food Service Industry
- Modern Trade
- Traditional Grocery Stores
- Convenience Stores
- Specialty Stores
- Online Retail
- Wholesale Stores
- Other Sales Channel
- North America
- Latin America
- Middle east and Africa
- East Asia
- South Asia
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