GCC Egg Powder Market

GCC Egg Powder Market Overview:

The GCC egg powder market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Egg powder is made by dehydrating fresh eggs with the spray drying method. It is lactose-free, low in cholesterol, fats, and carbohydrates, a rich source of protein, and has immune-boosting and antibacterial qualities. Moreover, it is non-perishable in nature and can be stored in an airtight container without refrigeration. In GCC countries, egg powder is extensively adopted in various food applications due to its exceptional binding and emulsion capabilities and in personal care products owing to its quality of preventing dryness and damage to the hair.

The market is primarily driven by the increasing health consciousness among individuals and the consequent demand for protein-rich foods and beverages. In addition, the rising adoption of egg powder as an integral part of the diet is escalating the demand for functional food products and supplementary diet plans, which is further contributing to the market growth. Moreover, the increasing dependency on imported products owing to insufficient poultry production in the GCC region is augmenting the sales of egg powder to meet the regional demand. Additionally, various government and non-governmental organizations (NGOs) are undertaking various initiatives to improve the health conditions of the population, which is providing a positive thrust to the market growth. Apart from this, with rapid modernization and technological advancements, various key players are launching high gel and whip egg yolk powder with excellent binding properties. This, coupled with the rising popularity of weight management and muscle building among the masses, is escalating the demand for powdered eggs as they help repair muscle tissue with essential enriched amino acids, proteins, and bioactive compounds. Furthermore, the increasing adoption of egg powder in protein-enriched foods and protein supplements due to its easy digestibility, the improving living standards of individuals, and increasing disposable incomes of consumers, are some of the other factors creating a positive market outlook.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC egg powder market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC egg powder market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC egg powder market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC egg powder market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC egg powder market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC egg powder market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC egg powder market industry. Furthermore, the value chain analysis of the GCC egg powder market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

GCC Egg Powder Market Segment Insights:

The GCC egg powder market has been analysed as followed:

By Type:

• Whole Egg Powder
• Yolk Egg Powder
• White Egg Powder

By End Use:

• Bakery
• Sauces, Dressings and Mixes
• Others (Desserts, Dietary Supplements, Pharma, etc.)

By Country:

• Saudi Arabia
• United Arab Emirates
• Qatar
• Kuwait
• Oman
• Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Egg Powder Market Report:

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

Report Customisation:

The GCC egg powder market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs