Europe Processed Egg Market is anticipated to grow at a 3.79% CAGR from 2016 to 2021
Hyderabad, India -- (SBWIRE) -- 03/02/2018 -- Convenience mixed with easy use and storage options drive the egg processing market in Europe. Thanks to increasing urban population and busy lifestyles, there is an increasing demand for this convenience food. Processed eggs eliminate the necessity to manually break shells and separate various elements of the egg. Moreover, because of technological advancements, processed eggs are a lot efficiently treated and pasteurized, thus reassuring safety, reduced risk of contamination, and extended shelf life. Processed Eggs are majorly used as a supply of high-quality protein in sports and muscle building.
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Europe Processed Egg Market is anticipated to grow at a 3.79% and is calculated to approach USD 6.11 billion by 2021 from the achieved value of USD 5.07 billion in 2016. The increasing adoption of hurried lifestyle and the convenience of usage drive the market growth.
A growth in the consumption of processed egg merchandise in the bakery and functional foods is also driving the egg processing and instrumentality market. Moreover, growing consciousness concerning health and healthy lifestyle is additionally boosting the market growth. The continuing technical advancement in egg processing equipment is also credited to the growth of the market.
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Production and export of egg products is a lucrative investment for a variety of exporters in numerous countries, especially European. It additionally sees opportunity as a convenient kind of ingredient within the food & beverage business for speedy production of foodstuff requiring egg and egg substances because it cuts down labor drastically.
By geography, the market is segmented into UK, Spain, Germany, France and other countries. The regional market is predicted to have a high growth rate due to the extensive demand for various baked goods and desserts in the region.
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Main companies dominating the market today are Cal-Maine Foods Inc., Daybreak Foods, Dr. Oetker, Moba B.V.Pulviver, Rose Acre Farms, Actini Group, Eurovo S.R.L., Sanovo Technology Group, Rembrandt Enterprises and Cal-Maine Foods Inc.
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