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The egg white protein segment held the largest share
Based on type, the egg white protein held the largest share in 2019, contributing to more than half of the global egg protein market, owing to increase in adoption of protein ingredients in nutritional foods and cosmetics products. However, the egg yolk protein segment is expected to portray the fastest CAGR of 5.9% during the forecast period, owing to its multi-functionalities such as thickening, leavening, binding, preservatives/antimicrobial, emulsifying, and crystallization.
The nutrition segment to manifest the fastest CAGR through 2026
The nutrition segment is expected to register the fastest CAGR of 5.9% during the forecast period, due to its high nutritional content and increase in its demand in the developed countries. However, the food & beverage segment held the largest share in 2019, accounting for nearly half of the global egg protein market, owing to surge in the number of health-conscious consumers.
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