Regional and country-level analysis and forecasts of the North America Egg Processing Market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped
According to the report “North America Egg Processing Market by Type (Dried, Liquid, Frozen), by Application (Bakery, Confectionery, Dairy Products, Ready-to-eat, Soups & Sauces, Others), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, the North America Egg Processing Market is expected to reach USD 9.56 billion by 2021 from USD 8.16 billion in 2016, growing at a CAGR of 3.21%.
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The Egg Processing market is forecasted to show great potential over the mentioned period. The market has continued to gain momentum with the increase in people’s awareness about benefits of processed egg products.
The egg processing process involves, breaking, filtering, mixing, stabilizing, blending, pasteurizing, cooling, freezing, and packaging.
These products are used as ingredients in bakery products and other products like noodles, salad dressing, pasta,.
The market has witnessed rapid growth in the consumption of egg and its products which has in turn helped the market itself to show huge growth in recent years. Other major driving factors include, advancements in technological, emerging markets and also new product launches.
On the other hand, the market faces challenges as well like, time consuming regulation policies, stringent food safety regulations and animal welfare regulation policies. These factors have been holding the market down from reaching its true potential.
The North America Egg Processing market is segmented by type and application. The market segmentation based on type is done into liquid, dried and frozen.
Based on segmentation by application the market is categorized into dairy products, confectionery, ready-to-eat, bakery, soups & sauces. On the basis of geography, the North America market is analysed under various regions namely United States and Canada.
North America holds the largest share in the egg processing market.
Some of the dominating companies in the current market are:
- Actini Group (Actini Sas)
- Cal-Maine Foods, Inc.
- Moba B.V.
- Avril SCA
- Eurovo S.R.L.
- Interovo Egg Group B.V., S.P.A.
- Igreca S.A.
- Bouwhuis Enthovan
- Sanovo Technology Group
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