Egg Protein Market to Reach a Valuation of ~US$ 1.8 Bn by 2029

According to a new study by TMR, the egg protein market is expected to reach ~US$ 1 Bn in 2019, and record a Y-o-Y growth of ~6% during the forecast period. Growth of the egg protein market remains driven by a slew of factors, which range from rising demand for protein-oriented products, and changing regulations in the food and beverage industry, to growing awareness among consumers around the world.

Egg proteins have different functions such as thickening, leavening, binding, preservatives/antimicrobial, emulsifying, crystalization, and others. Owing to the growing end-use applications due to multiple functionalities, binding is becoming popular, and this segment is expected to grow rapidly at a CAGR of 8.5%, in the global egg protein market during the period of 2019-2029.

Egg proteins are used in various industries such as functional beverages, dietary supplements, sports & infant nutrition, prepared food, bakery & confectionery, pharmaceuticals, personal care products, dairy & desserts, meat analogues, breakfast cereals, and protein and nutrition bars. The use of egg protein is increasing rapidly in sports nutrition, as such, pushing the growth of the global egg protein market.

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Rising Health and Wellness Consciousness Creating a Catalytic Effect

With rising health issues such as obesity, diabetes, and blood pressure, consumers have become highly conscious about their wellness. From youngsters to older individuals, all age groups are concentrating on exercising regularly and following a proper diet plan. Moreover, multiple gym chains, diet centers, and fitness centers are promoting the consumption of healthy food, dietary supplements, and other health products, which is further influencing consumers to opt for egg protein products.

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Egg Protein Market - Rising Focus on Quality

Consumers prefer excellence in quality and service. Companies are investing in research & development to create unique and innovative egg protein products with great quality. Companies are concentrating on adopting the latest technologies by which they can maintain high quality standards. Consumers choose brands with best quality egg protein products, and have various options to choose from. Competition is increasing rapidly in the egg protein market. Consumers are ready to pay a good amount for high-quality egg protein products.

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e-Commerce and Online Stores - Easing Entry Barriers and Distribution Costs

Egg protein is derived from eggs. The easy availability of eggs in conjunction with high demand has resulted in increasing number of small-, medium-, and large-scale manufacturers across the world, which is the reason for the intensive competition in the egg protein market. To sustain their position in the egg protein market, companies are manufacturing high-quality egg proteins with multiple benefits. Manufacturers are focusing on launching new and innovative products using egg protein.

Online retail channels provide numerous benefits to small- and medium-scale producers of egg proteins who might face entry barriers such as high marketing costs. Online retail channels help minimize the distribution cost and aid their products in reaching a large number of consumers, which helps increase their brand awareness and the sale of their products. Multiple online stores also offer organic, natural, and clean label egg protein products that are not easily available in regular offline stores.

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Global Egg Protein Market: Competitive Landscape

Some of the key players operating in the global egg protein market are Davisco Foods International, Inc., Kewpie Corporation, Cargill Inc., Rose Acre Farms, Deb-El Foods, Bouwhuis Enthoven, Wulro BV, Igreca, Sanovo Egg Group, Rembrandt Enterprises Inc., Interovo Egg Group BV, Adriaan Goede BV, and Now Health Group, Inc., among others.

Tunnel Boring Machine Market: Applications, Revenue, Growth and Trends

Tunnel boring machines are gigantic special-purpose machines, particularly used in building tunnels for roads, railways, and pipelines. These machines are long with circular cross-sections and help in boring round holes through any rock. Tunnel boring machines are intricate assemblies of several systems working in conjunction with each other. Diameter of tunnel boring machines ranges from 1 meter to 20 meters. These machines can cut clean through rocks, sometimes along with creating concrete shields around the bored tunnels. The tunnel boring machine market is largely driven by the increase in spending on road and railway infrastructure. Countries such as China, Japan, Italy, South Korea, Norway, and Germany have vast tunnel networks. The key reason is to connect major cities within the country, sometimes even international, with minimum commute time. This largely optimizes the transportation costs and connects cities to boost commerce. The other method for building tunnels is...

GLOBAL WOOD COATINGS MARKET TO TOUCH VALUATION OF US$17.595 BN BY 2025 END

The global wood coatings market features a highly competitive landscape owing to the presence of a plethora of companies competing against one another, notes Transparency Market Research (TMR). Top players in the wood coatings market increasingly resort to forward integration strategies to gain substantial competitive benefits, which may help them to retain their stronghold over the assessment period. Several players are also focusing on product differentiations to attract more consumers and consolidate their positions in various regions. This is especially the trend among small- and medium-scale manufacturers who find this a key strategy to gain a foothold in the wood coatings market. TMR finds that the wood coatings market is also fairly consolidated as the top four players held a combined share of nearly 60.0% in 2016. These companies are RPM International Inc., Akzo Novel N.V., PPG Industries Inc., and The Sherwin Williams Company. Of these, The Sherwin Willia...

ANTHOCYANIN CONSUMPTION LEVELS TO TAKE OFF IN DEVELOPING REGIONAL MARKET

TMR projects the global anthocyanin market to reach US$ 735.9 Mn by 2026. Over this period of 2018-2026, the anthocyanin market is forecast to report a CAGR of 4.6%. Among the key end use segments, the food and beverages industry is likely to lead the market in 2018. The trend is likely to remain unchanged throughout the course of the forecast period. Regionally, the North America anthocyanin market held the leading share in the global market in 2018. The global anthocyanin market exhibits the presence of several large companies. Besides this, domestic players enjoy a stronghold in regional pockets, which has rendered the market highly competitive. According to a new study by Transparency Market Research (TMR), Archer Daniels Midlands Co., Sensient Technologies Corp, Symrise A.G., and CHR Hansen A/S held nearly 50% of the global anthocyanin market in 2018, thereby registering their dominance. To sustain growth amidst the prevailing competition, the leading players...

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