(Food-Beverage-News.Com, October 05, 2017 ) According to the report Latin America 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 (20162021) published by Market Data Forecast, The Latin America Egg Processing Market had a market value of USD 3.06 billion in 2016 and is forecasted to exhibit a CAGR of 3.73% and reach USD 3.67 billion by 2021.
The Latin America Egg Processing Market is predicted to showcase huge potential in the forecasting period. The market has continued to gain momentum with the growing demand among people for processed egg and its products.
The egg processing process involves, breaking, filtering, stabilizing, mixing, pasteurizing, freezing, blending, cooling and packaging. Egg products are an important component 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 like pasta, noodles, salad dressing etc.
The market has seen rapid growth in the consumption of egg and its products which has, in turn, helped the market itself to show such growth in recent years. Other key driving factors include technological advancements, markets emerging across the world, new product launches. On the other side, the market faces challenges as well like, time-consuming regulation policies, stringent food safety regulations and animal welfare regulatory policies. These factors have been holding the market back from reaching its true potential.
The Latin America Egg Processing market is broadly classified on the basis of type and application. The segmentation on the basis of type is done under frozen, dried and liquid. On the basis of application, the market is categorized into bakery, dairy products, soups & sauces, confectionery, ready-to-eat. On the basis of geography, the Latin America market is analyzed under various regions namely Brazil, Argentina, Mexico and rest of Latin America.
Among various big companies in the Latin America Egg Processing market, the major ones are: Actini Group (Actini Sas) Cal-Maine Foods, Inc. Eurovo S.R.L. Moba B.V. Igreca S.A., S.P.A. Interovo Egg Group B.V. Bouwhuis Enthovan Avril SCA Sanovo Technology Group.
About Us: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialties with competitive pricing options.
Media Contact: Abhishek Shukla Sales Manager (International Business Development) Market Data Forecast www.marketdataforecast.com Direct Line: +1-888-702-9626; Mobile: +91 998 555 0206 Mail: abhishek@marketdataforecast.com Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
