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According to a new report by EMR titled, ‘Global Liquid Eggs Market Report and Forecast 2021-2026’, the global market for liquid eggs is being aided by the rising industry in the United Kingdom, which attained a volume of 57 thousand tons in 2020 and is further expected to grow at a CAGR of 5.3% during 2021-2026.
In recent years, consumer trends have shifted from carbohydrate-based products to protein food. Liquid eggs have emerged as a convenient and better egg substitutes. It is also a protein-rich and sustainable alternative to meat. The sensitivity of consumers towards animal cruelty is likely to increase the demand for the product. Key manufacturers in the industry are growing liquid egg production due to convenient handling and transportation. Moreover, the wastage due to breakage is also avoided by shifting to liquid eggs. The expanding online retail channels of liquid eggs like Amazon.com (NASDAQ: AMZN) is also bolstering the sales of the product. These factors are expected to bolster the liquid egg industry over the forecast period.
Ukraine based Ovostar (WSE: OVO) launched a new range of liquid egg products- “scrambled eggs”- at the GULFOOD 2021 in Dubai. In 2017, Cargill Inc., the American agro product company, expanded its production of pre-cooked products and liquid eggs. Burnbrae Farms, one of the key industry players, also expanded its production capacity for liquid eggs. All these developments from the global key players of the industry are expected to push the market growth for liquid eggs.
Market Analysis by Source, Type, Product, Distribution Channel, Packaging, End Use, And Region:
Key Findings of the Report:
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The major players in the global liquid eggs market are Nature-Egg LLP, Cargill Incorporated, Nest Fresh Eggs Inc., Global Food Group, Bumble Hole Foods Limited, Noble Foods company, and Ovostar LTD, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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