South America Egg White Powder Market Size and Competitive Analysis by 2027

The egg white powder market in SAMis expected to reach US$ 180.36million by 2027 from US$ 103.14 million in 2019; it is expected to grow at a CAGR of 7.5% from 2020 to 2027.

Brazil, Argentina and Rest of SAMare the major contributors to the market in SAM.Brazil is expected to be the fastest growing market for the SAM egg white powder market with largest market share during the forecast period. The growth of the South America Egg White Powder market in this country is primarily attributed to the increasing demand for egg white powder in various applications. Factors, such as western influence on diets, urbanization, rising emphasis on leading active lifestyles, and increasing middle-class population through improving disposable incomes in emerging countries including Brazil and Argentina, are anticipated to drive the demand.

Various applications of egg white powder in pharmaceuticals, food processing and dietary supplement industriesisbolstering the growth of the egg white powder market in SAMregion.Egg white powders are economic and safe form of egg products, which find applications in the food, pharmaceuticals, and dietary supplement industries. Dried egg white powder can be stored conveniently extended shelf life, ensuring easier usage across a diverse range of applications. These powders are known for their nutritional profile and add aromatic essence to the food products. In bakery industry, these powders are increasingly being used for their foaming and gelling properties. The powdered egg white acts as foam stabilizer or provides texture to the baked goods. Confectionary producers are considered as the only consumers of pan-dried egg white powders, and they use it in preparation of aerated confectioneries such as nougat owing to their anti-crystallizing properties. This powder is also used in the preparation of meat and fish products such as surimi due to its gelling characteristics. Moreover, powdered egg white is increasingly being used in the preparation of desserts items, such as chocolate mousse and meringues. Further, the egg white powders are increasingly being used in pharmaceutical and dietary supplement bases. Egg white powder is considered as diet-friendly products and acts as a lactose-free alternative to essential nutrients consumed for the development of the body, and manufacturers are incorporating egg white powder in the preparation of dietary supplements and pharmaceutical products. Thus, the rapid rise in health and wellness trend is propelling the growth of egg white powder market. However, cost volatility of raw materials and risk of contamination associated with egg white powderhinder the growth of the market in SAM.

COVID-19 pandemic has affected industries and economies in various countries due to lockdowns, business shutdowns, and travel bans. Brazil has the highest number of COVID-19 cases, followed by Peru, Ecuador, Chile, and Argentina, among others. The government of SAM has taken an array of actions to protect their citizens and contain COVID-19’s spread. It is anticipated that SAM will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to China, Europe, and the United States, which are important trade partners. Containment measures in several countries of SAM will reduce economic activity in the manufacturing and service sectors for at least the next quarter, with a rebound once the epidemic is contained.

SAM Egg White Powder Market Revenue and Forecast to 2027 (US$ Million)

SAM Egg White Powder Market Segmentation

 
SAM Egg White Powder Market – By Grade

• Food Grade
• Technical Grade

SAM Egg White Powder Market – By Distribution Channel

• Direct/(B2B)
• Indirect

SAM Egg White Powder Market – By Application

• Food Processing
• Pharmaceuticals
• Cosmetics and Personal Care
• Dietary Supplements
• Others

SAM Egg White Powder Market – By Country

• Brazil
• Argentina
• Rest of SAM

SAM Egg White Powder Market– Companies Mentioned

• AgroholdingAvangard
• BouwhuisEnthoven
• Wulro BV
• Kewpie Corporation
• Oskaloosa Foods
• Rose Acre Farms
• Rembrandt Foods
• Ovostar Union NV

South America Egg White Powder Report Scope