Egg Processing Market worth $27,888.0 M & Egg Processing Equipment Market worth $532.1 M by 2019, According to a New Study on ASDReports

Monday 29 September 2014, Amsterdam

The report, now available on ASDReports, “Egg Processing & Equipment Market by Type (Dried, Liquid, and Frozen Egg Product), by Application (Bakery, Confectionery, Dairy Product, Ready-to-eat, Soups & Sauces, and Others), and Equipment, by Geography - Global Trends & Forecast to 2019” , defines and segments the egg processing market on the basis of various types, applications, and regions, with analyses and projections of the market size of each of these segments in terms of value and volume. The report defines and segments the egg processing equipment market on the basis of region only. It also identifies the driving and restraining factors for the egg processing and equipment market with analyses of the trends, opportunities, burning issues, and winning imperatives.

The egg processing and equipment market is driven by the shifting trend of consumers towards processed foods, advancement in egg processing technology, marketing strategies of companies, increase in demand for high-quality egg products, and consumer awareness in developing economies. The key market players adopted expansions, new product launches, agreements, joint ventures, partnerships, and acquisitions as their preferred strategies to sustain the competition in the market. The different technologies used to manufacture processed egg products, and an introduction of a wide variety of egg types for developing specialty egg products have further driven the market.

The egg processing market is projected to reach a value of $27,888.0 million by 2019. In 2013, North America had the largest market. The Asia-Pacific market is projected to grow at the highest CAGR from 2014 to 2019.

The egg processing equipment market is projected to reach a value of $532.1 million by 2019. In 2013, North America was the largest market. The Chinese market for egg processing equipment is projected to grow at the highest CAGR of 2.7% from 2014 to 2019.

This report includes the marketing and development strategies, along with the product portfolio of leading companies. The report includes the profiles of leading companies such as Glon Group (France), Gruppo Eurovo (Italy), Sanovo Technology Group (Denmark), Moba b.v. (The Netherlands), and Pelbo S.p.A (Italy). The key players in the market adopt expansion of their facilities to fulfill the demands of the emerging markets and are actively investing in R&D activities to gain a competitive edge through new product launches.