Egg Albumin Protein Market Size, Share and Trends 2024 to 2034

Egg Albumin Protein Market Size and Forecast 2024 to 2034

The global egg albumin protein market size is calculated at USD 1.55 billion in 2024 and is predicted to reach around USD 3.30 billion by 2034, expanding at a CAGR of 7.83% from 2024 to 2034. The egg albumin protein market growth is attributed to the rising demand for high-quality protein sources and increasing consumer awareness about health and sustainability.

Egg Albumin Protein Market Key Takeaways

• North America dominated the global market with the largest market share of 37% in 2023.
• Asia Pacific is anticipated to grow at the fastest CAGR during the forecast period.
• By flavor type, the regular/unflavored segment contributed the highest market share of 66% in 2023.
• By flavor type, the flavored segment is expected to grow at the fastest CAGR during the forecast period.
• By function, the thickening segment captured the biggest market share of 28% in 2023.
• By function, the binding segment is anticipated to grow with the highest CAGR from 2024 to 2034.
• By end-user application, the bakery and confectionery segment generated the major market share in 2023.
• By end-user application, the sports nutrition segment is projected to expand rapidly during the forecast period.

Impact of Artificial Intelligence (AI) on the Egg Albumin Protein Market

Artificial intelligence applications that are adopted in various business ventures include customer behavior analysis, supply chain management, production line optimization, and product and service modification for improved market custom fit. Companies in the egg albumin protein market that use artificial intelligence in selecting small, focused markets and engaging in strategic marketing communication with increased efficiency and profitability. Furthermore, AI enables density in quality assurance since it flags out any abnormal signal in the production process, thereby reviewing the standard product quality and reducing wastage levels. These innovations enable competitiveness and add to sustainability, which corresponds with the increasing need for innovation and greener practices in multiple industries.

U.S. Egg Albumin Protein Market Size and Growth 2024 to 2034

The U.S. egg albumin protein market size is exhibited at USD 400 million in 2024 and is expected to be worth around USD 860 million by 2034, growing at a CAGR of 7.97% from 2024 to 2034.

North America held the largest share of the egg albumin protein market in 2023 due to the increased interest in functional foods, sports nutrition products, and high-protein food. The United States is expected to lead the market, as consumers are willing to pay for high-quality, performance-enhancing ingredients in dietary supplement and protein bar products. The awareness of fitness and the health benefits of proteins for overall body development has continued to increase within the region, and this has further fuelled the growth of egg albumin in sports nutrition.

• In a report that the USDA published in 2024, they pointed out that athletes and many people who exercise take more protein supplements and pointed out that egg albumin has a high concentration of amino acids.

Asia Pacific is projected to host the fastest-growing egg albumin protein market in the coming years, owing to the large population of this region, growing health consciousness, and enhancing trends of protein consumption among the people of this region. With fast food chain penetration, the need for functional foods or supplements like egg albumin has also increased in regions such as China, India, and Japan. There is a well-developed food processing sector, especially snacks, confectionery, and functional food and beverages, due to the growing number of health-conscious consumers who seek high-protein snack options. Moreover, the demand for Egg albumin protein in Southeast Asia especially relates to the incoming demand for clean-label and naturally sourced products.

• According to the Asia-Pacific Population and Development Report 2023, nearly 60% of the current global population of 8 billion resides in the Asia Pacific.

Market Overview

The awareness regarding high protein diets, particularly high-end protein sources, especially the health-conscious population, fueled the growth rate of the egg albumin protein market. Egg albumin protein from eggs is known to contain good-quality protein and vital amino acids. This protein is widely in demand by people involved in bodybuilding and other related sports due to its many benefits in muscle recovery and performance. Ongoing concerns for peoples’ health are other factors leading to adopting bioactive proteins across sectors, such as bakery products, protein bars, sports nutrition, and dietary supplements.

The 2024 NHI report highlights that implementing effective nutritional strategies during the recovery phase plays a vital role in accelerating muscle tissue repair and regeneration while replenishing glycogen stores. It is projected that the current egg albumin protein market is expected to expand due to increasing improvements in egg albumin protein-based products such as liquid egg whites and protein bars. These products trend toward solving portability, which is a common requirement for products in this category as a source of protein on the go.

Egg Albumin Protein Market Growth Factors

• Increasing adoption of plant-based diets is expected to spur the demand for alternative protein sources like egg albumin in the food industry.
• Technological advancements in egg protein extraction processes are anticipated to improve yield and quality, boosting the egg albumin protein market growth.
• Growing awareness of the benefits of clean-label products is expected to drive the demand for natural egg albumin in various food applications.
• Expansion of fitness and wellness trends, especially in developed markets, is anticipated to increase the consumption of protein supplements like egg albumin.
• The rising popularity of high-protein snacks is projected to contribute to the demand for egg albumin-based products in the snack food segment.
• Government support for sustainable farming practices is likely to reduce the environmental impact of egg production, enhancing the appeal of egg albumin as a sustainable protein source.
• Rising disposable income in emerging markets is expected to drive the demand for premium nutrition products, including those containing egg albumin.

Market Scope

Market Dynamics

Driver

Rising demand for high-quality protein sources

Rising demand for high-quality protein sources is anticipated to drive significant growth in the egg albumin protein market. Consumer interest is gradually shifting towards nutrition that essentially involves proteins for muscular build-up, weight control, and general well-being. One protein that satisfies such dietary preferences is egg albumin protein, which is endowed with a better amino acid profile and digestibility. The trend of using healthy products and people, especially those in fitness centers or athletes, enhances its usage in nutritional supplements and functional food.

The 2024 report published by NHI emphasizes significant shifts in eating habits, particularly the rising consumption of high-protein foods. Moreover, consumer preferences for healthier and better forms of proteins for their diets create a better niche for egg albumin due to its environmental impact on production compared to other animal proteins.

Restraint

Limited awareness in emerging markets

Limited awareness about egg albumin protein’s benefits in emerging markets is anticipated to hinder the egg albumin protein market penetration. Consumers in developing economy markets do not fully understand the nutritional benefits and multiple uses of egg albumin in foods, functional foods, and personal care products. Additionally, the next stage reveals low marketing efforts put in place and no distribution channels in those areas to enhance accessibility and use. Furthermore, consumers’ wrong perceptions and disbelief about egg albumin protein.

Opportunity

High investments in research and development activities

High investments in research and development activities are expected to create immense opportunities for the players competing in the egg albumin protein market. Adequate technologies, including enzymatic hydrolysis and spray drying, have been used to enhance the extraction of proteins, besides maintaining the nutritional value of the protein. These enable us to solve such continuous issues as cost advantage and producibility in terms of progressive development.

Research and development also help create new product uses for egg albumin to increase its utilization as a product for meal replacements, sports nutrition products, and specialty food products that address specific consumer market requirements. Manufacturers in the egg albumin protein market are focusing on extraction and processing technologies to get better quality, a higher yield, and more functionality for egg albumin.

Flavor Type Insights

The regular/unflavored segment held a dominant presence in the egg albumin protein market in 2023 due to its ability to be used in many food, drink, and nutritional supplement combination possibilities. Since it has no flavor of its own, unflavored egg albumin protein is incorporated very well into the products as fillers and flavor agents without affecting the taste of the products where it is incorporated, such as protein bars, shakes, and baked meals. The steady trend for clean-label and minimal processing seems to have added to the increased use of unflavored egg albumin. Furthermore, the globalization of functional foods, where the enrichment of protein has been emphasized, is likely to increase the demand for unflavored egg albumin in the coming years.

• According to a 2023 report by ProVeg International, a recent survey revealed that 62% of people are now more attentive to ingredient lists compared to five years ago.

The flavored segment is expected to grow at the fastest rate in the egg albumin protein market during the forecast period of 2024 to 2034, owing to the growing demand for easy-to-consume products that are tasty and contain high protein. Protein has become a go-to product in the fitness and health sectors through powders, shakes, and energy bars. Moreover, manufacturers tend to develop new forms of products with the addition of natural flavors, including chocolate, vanilla, or fruit.

• The International Food Information Council's 2024 annual survey reveals a growing trend among Americans to increase their protein intake, with the percentage rising from 59% in 2022 to 67% in 2023 and reaching 71% in 2024.

Function Insights

The thickening segment accounted for a considerable share of the egg albumin protein market in 2023 due to its excellent solubility and enhanced texture. Market requirements for thickening agents are expected to persist as consumers are experiencing more pressure to get products with smooth, creamy, and enhanced textures. There is a growing demand for egg albumin as a thickening agent in preparing and packaging convenience foods and processed snacks.

The binding segment is anticipated to grow with the highest CAGR in the egg albumin protein market during the studied years, owing to its utilization in different food applications, including meat products, bakery products, and plant protein products. Ongoing demand for egg albumin to act as a binding agent in formulations such as burgers, sausages, and vegetable meatballs in restaurants is expected to propel market demand. Additionally, growing awareness about healthy, high-protein, clean, and green label and sustainable products makes egg albumen particularly relevant to functional food and nutraceutical applications.

End-user Application Insights

The bakery & confectionery segment led the global egg albumin protein marketin 2023 due to the rise in demand by consumers for a product containing high protein content and the demand for clean-label products. Egg albumin is another component that provides purpose in the textural sense in baked food products, such as cakes, cookies, and bread. This shift towards healthier food consumption, thus with special emphasis on protein-containing snacks, has greatly boosted its application in this segment.  Additionally, the increasing consumer focus on natural and clean-label products, completely free from synthetic additives and preserving agents, has also stimulated the sale of egg albumin as a natural ingredient that provides functional benefits.

• According to the 2024 report by Agriculture & Agri-Food Canada, retail sales of baked goods in the United States experienced a compound annual growth rate (CAGR) of 5.9% from 2018 to 2022, culminating in a market value of USD 82.9 billion in 2022.

The sports nutrition segment is projected to expand rapidly in the egg albumin protein market in the coming years. These proteins are readily soluble with a biological value and amino acid score that is higher than egg albumin, making the latter popular in these products. As people practicing workouts, exercises, and sporting activities look for good quality proteins for muscle rebuild and better performance, the role of egg albumin is expected in this segment. Furthermore, there is a growing trend towards a healthy and very active life and the trend towards the consumption of clean-label functional foods and beverages.

Egg Albumin Protein Market Companies

• Merck KGaA
• HiMedia Laboratories Pvt
• Kewpie Corporation
• Now Health Group
• Rembrandt Foods
• Sanaovo
• Taiyo Kagaku Co. Ltd
• JW Nutritional LLC
• Rose Acre Farms
• Ovostar
• IGRECA
• Dutch Egg Powder Solutions BV
• Caneggs
• Redspoon Company
• Avangardco
• Aqua Lab Technologies
• Sainsbury's
• Others

Latest Announcements by Industry Leaders

• November 11, 2024 – APF Holdings
• Chairman of the Board of SIA AlÅ«ksnes Putnu Ferma - Hermanis Dovgijs
• Announcement- APF Holdings, which includes SIA AlÅ«ksnes Putnu Ferma, one of the Baltics' largest egg producers, has unveiled a new egg product manufacturing and storage complex in AlÅ«ksne with an investment of over 2.7 million euros. Highlighting the strategic significance of this development, Hermanis Dovgijs, Chairman of the Board of SIA AlÅ«ksnes Putnu Ferma, stated, “This new complex is a cornerstone of our strategic growth plan, anchored by our initial public offering at the end of 2023. By expanding and diversifying APF’s product offerings, we are tapping into the immense market demand for egg-based protein, one of the most affordable and accessible protein sources. Our goal is to produce an extensive range of egg products to cater not only to the Latvian market but also to various European countries where there is a significant deficit in egg products.”

Recent Developments

• In January 2024, The EVERY Company, a pioneer in the functional protein industry, and Landish Foods, a North American leader in nutritional wellness products, announced the launch of a new line of ready-to-mix powders under the brand FERMY™. The lineup includes Protein Coffee Enhancer and Protein Matcha Latte, both powered by EVERY's innovative egg white protein. This protein offers a clean flavor profile and delivers 8 grams of highly digestible and satiating protein per serving.
• In September 2022, Perfect Day, a global biotechnology leader, unveiled the new brand identity of its enterprise biology business as nth Bio and announced its first public partnership with Onego Bio, Ltd. Following the establishment of its enterprise biology hub and second U.S. base in Salt Lake City, Perfect Day formalized nth Bio’s vision. This division provides expertise and technology services to global partners that are aligned with its mission for sustainable, kinder solutions in the food system and beyond.
• In July 2024, Finnish startup Onego Bio, which produces egg proteins using microbes instead of chickens, secured € 14 million in funding from the European Innovation Council (EIC) Accelerator program and additional Series A investors. The firm, which raised USD 40 million in a previous Series A round and a total of USD 70.8 million to date, uses a genetically engineered fungus strain to produce ovalbumin, branded as ‘Bioalbumen,’ the most abundant protein in egg whites. This funding supports scaling its precision fermentation operations.

Segments Covered in the Report

By Flavor Type

• Regular/Unflavored
• Flavored

By Function

• Thickening
• Leavening
• Binding
• Preservatives/Antimicrobials
• Emulsifying
• Crystallization
• Others

By End-User Application

• Bakery and Confectionery
• Protein and Nutritional Bars
• Breakfast Cereals
• Functional Beverages
• Dietary Supplements
• Sports Nutrition
• Infant Nutrition
• Prepared Foods
• Meat Analogs
• Dressings
• Sauces and Spreads
• Pharmaceutical Products
• Personal Care Products
• Dairy and Desserts
• Others

By Geography

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa