Global Egg Processing Equipment Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Over the forecasted period, the market for egg processing equipment is anticipated to be driven primarily by changing consumer preferences toward processed food and rising demand for high-quality egg products. Over the projected period, growth in the egg processing and equipment market is anticipated to be driven by rising consumer demand for high-protein foods and dietary supplements. Over the course of the forecast period, technological developments including integrated assembly lines with higher production rates and lower operating costs are anticipated to positively impact market growth. Participants in the egg processing and equipment industries have been implementing high-quality manufacturing standards and actively participating in product development. Significant businesses like Sanovo Technology Group introduced cutting-edge pasteurizing equipment to reduce the amount of salmonella present in egg products that may cause food poisoning, increasing demand for these products.
Rising healthcare awareness, gym membership in the United Kingdom is increasing which is driving the growth of the market over the forecasted period. According to Statista, in 2017, the gym members were 5.7 million which is predicted to increase to 7 million in 2022. Over the forecasted period, it's expected that the FDA's strict controls on functional foods and egg proteins would restrain industry growth.
The key regions considered for the Global Egg Processing Equipment Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2021, the North American area dominated the world market for egg processing equipment, with the United States holding the greatest share. Factors driving the growth for the region is growing health consciousness among the consumers. Along with this, Asia-Pacific is the fastest growing segment owing to population increase, fast urbanization, and consumer knowledge of the convenience and nutritional advantages of processed egg products are all factors driving the market for processed eggs and, by extension, egg processing machinery in the Asia-Pacific region.
Major market players included in this report are:
Avitec Innovations Pvt. Ltd.
FES International Inc.
Midwest BRD Inc.
Moba Group B.V.
Ovobel Foods Ltd.
SPX FLOW Inc.
Recent Developments in the Market:
In March 2022, Orka Food Technology launched a device called Egg Tester Ultimate which is an all-in-one product. That helps in calculating the weight of the egg, yolk color, etc.
In February 2021, Moba launched a loader for egg processing equipment which helps in packing and processing eggs.
Global Egg Processing Equipment Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product, Type, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Egg breakers and separators
Rest of the World