Arab & Middle East News
(ARABNEWSWIRE.COM, October 12, 2017 ) According to the report “Middle East and Africa Egg Processing Market by Type (Dried, Liquid, Frozen), by Application (Bakery, Confectionery, Dairy Products, Ready-to-eat, Soups & Sauces, Others), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, the Middle East and Africa Egg Processing market is estimated to reach USD 2.42 billion by 2021 from a market value of USD 2.04 billion in 2016 at a CAGR of 3.46%.
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The MEA Egg Processing market is showcasing significant potential over the mentioned forecast period. The market continues to build up momentum with the increasing awareness among people about benefits of processed egg and its products.
The egg processing process involves, mixing, stabilizing, breaking, pasteurizing, filtering, blending, cooling, freezing, and packaging. Egg products are an important part of the food & beverage industry, and thus egg processing is a really crucial process. These products are used as ingredients in bakery products and other products such as noodles, salad dressing, pasta, etc.
The market has seen rapid growth in the consumption of egg as well as its products which has in turn helped the market itself to show huge growth in recent years. Other major driving factors include, emerging markets, technological advancements, production of new products. On the contrary, the market also faces challenges like, time consuming regulation policies, stringent food safety regulations and animal welfare regulatory policies. These factors have been responsible for holding the market back from reaching its full potential.
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The Middle East & Africa Egg Processing market is segmented based on type and application. The market is segmented on the basis of type under dried, frozen and liquid. On the basis of application, the market is divided into soups & sauces, bakery, ready-to-eat, confectionery and dairy products. On the basis of geography, the Middle East & Africa market is analysed under various regions namely Middle East and Africa.
The major companies showing interest in the market lately include Avril SCA, Cal-Maine Foods, Inc., Actini Group (Actini Sas), Moba B.V., Eurovo S.R.L., Interovo Egg Group B.V., Igreca S.A., Bouwhuis Enthovan, S.P.A., Sanovo Technology Group.
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