The report covers forecast and analysis for the pasteurized eggs market on a global and regional level. The study provides historic data from 2015 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The study includes drivers and restraints for the pasteurized eggs market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities and various trends in the pasteurized eggs market on a global level.
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As per the report, the global demand for pasteurized eggs market was valued at approximately USD 68.32 billion in 2018 and is expected to generate revenue of around USD 135.56 billion by end of 2025, growing at a CAGR of around 10.3% between 2019 and 2025.
Eating raw eggs can be risky as they are a major source of salmonella infections. In order to avoid any health issues among the consumer by the consumptions of these infected eggs the United States Food and Drug Administration (USFDA) has defined a food code for the regular shell eggs which is a potentially hazardous food. This food code defines the required time/temperature control for safety (TCS) in order to reduce pathogenic micro-organism growth or toxin formation that takes place in the egg.
Intake of the raw or undercooked unpasteurized egg can cause foodborne illness to humans. Every four out of five Salmonella-related foodborne diseases have an unpasteurized egg as the root cause. Similar to the U.S., Asia Pacific countries such as China & India are also stepping in pasteurized eggs market. A survey conducted by National Centre for Disease Control (NCDC) in March 2017 at Coimbatore, India of egg trays, eggshells, and egg content showed, 7.5% egg trays & 7.7% eggs were contaminated with Salmonella. Unlike Europe, where all hens are vaccinated against salmonellosis, U.S. incites substitution of pasteurized eggs in place of raw eggs. Since 1966, pasteurization of egg products is mandatory in the USA. Pasteurized egg kills the salmonella bacteria & other viruses such as avian flu viruses, which then makes the egg more suitable for intake as compared to the raw eggs. They are mostly recommended to young children, the elderly, pregnant women, and the people with low immune systems so they have a reduced risk of salmonella infection. These health benefits thereby aid in propelling the growth of pasteurized eggs market. There is also a growing demand for pasteurized eggs in the food industry. This is because of numerous applications of eggs. Eggs are used in making sausages, dressings, and other recipes.
The number of people turning vegans is rising worldwide. A well-mixed vegetarian diet contains all the nutrients such as protein, carbohydrate, fat, minerals, and vitamins. It contains low saturated fat and is free from cholesterol, animal protein and hormones, which are all connected with various diseases. Compared with non-vegetarians, vegans have lower cholesterol, weigh less, and are less prone to abnormal blood pressure and diabetes. Owing to these factors, a massive shift towards a vegetarian diet is being witnessed globally. This will bring down the demand for pasteurized eggs and is therefore anticipated to hamper the growth of pasteurized eggs market in the forecast timeline.
Based on type, the market is segmented into egg white, egg yolk, and whole egg. Based on application, the market is segmented into noodles & pasta, dietary supplements, sauces, mayonnaise & dressing, meat & fish, dairy products, desserts, pet food, and others.
At the region level, North America dominated global pasteurized eggs in 2018 with a market of 24.70 billion. North America region is projected to lead the market over the forecast period with progress mostly focused on the U.S. market with a CAGR of 10.6%. Hefty demand in the food industry and encouraging government regulations are major factors that attribute to the largest revenue share. Europe was the second largest pasteurized eggs market in 2018 globally followed by the Asia Pacific region. Emerging countries such as China & India are also stepping in pasteurized eggs market.
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Some of the key players in pasteurized eggs market include Glaum Egg Ranch Company, Hickman’s Family Farms Company, Stiebrs Farms Company, National Pasteurized Eggs Inc., Wilcox Farms Company, Willamette Egg Company, and Sanovo Egg Group, among others.
Global Pasteurized Eggs Market: Types Segment Analysis
- Egg White
- Egg Yolk
- Whole Egg
Global Pasteurized Eggs Market: Application Segment Analysis
- Noodles & Pasta
- Dietary Supplements
- Mayonnaise & Dressing
- Meat & Fish
- Dairy Products
- Pet Food
Global Pasteurized Eggs Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
This post was originally published on The Picayune Current