DUBLIN--(BUSINESS WIRE)--The "Global Egg Processing Machinery Market - Segmented by Type, Source, Application and Geography (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global egg processing machinery market is projected to grow at a CAGR of 3.7% during the forecast period of 2018 to 2023.
The restraints in the egg processing machinery market include the high initial investment in the processing machinery, which deters many small manufactures in setting up a manufacturing facility. The raise in vegan food trends, which over the recent years has caused increased use of egg substitutes in the market, is also serving as a restraint in the egg processing machinery market.
The global egg processing machinery market is segmented based on the type of machinery used into - egg breakers, pasteurizers, filters, egg separators, spray driers, homogenizer, and centrifuge. Pasteurization is required to produce high quality and contamination free liquid eggs, which can be sold as end product or further processed into dried and frozen processed eggs, thus generating one of the largest market shares for egg pasteurizing equipment. Egg processors prefer to install an integrated assembly line that encompasses all the steps of egg processing, from start to end, to minimize their cost and increase the yield.
The North American region dominated the global market for egg processing machinery in 2016, with the United States having the largest share in the North American market. In the Asia-Pacific region, population growth, rapid urbanization, and awareness about the convenience and nutritional benefits of processed egg products are contributing to the growth of the market for processed eggs and in turn for egg processing equipment. The demand for products made with processed egg is particularly showing significant growth in developing countries which are setting up new factories for egg processing.
- Sanovo Technology Group
- Moba B.V.
- Actini Group
- OVO Tech
- Pelbo S.P.A
Key Topics Covered:
2. Research Approach & Methodology
3. Key Findings
4. Market Overview
5. Market Segmentation
6. Competitive Landscape
7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/trbjdf/global_egg?w=4