Egg Replacers Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition, and Forecasts 2022 to 2030
The egg Replacer market is expected to reach $1.1 billion by 2022. With sales growing at a CAGR of 5.9%, the market will be valued at $2.1 billion by 2030.
Egg Replacers Market Overview
Egg replacers are ingredients used as egg substitutes in the preparation of various foods. Eggs are one of the most common allergens, causing mild rashes to life-threatening allergic reactions. Arrowroot flour, yogurt, applesauce, and various other ingredients are used as egg replacers in commercial applications. The price of eggs is volatile due to the limited shelf life of eggs and fluctuations in demand related to the seasonal consumption of food products containing eggs.
Contrive Datum Insights has recently published the Egg Replacers Market to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static and dynamic aspects of the global Egg Replacers market.
Some of the key players profiled in the study are:
Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on various top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Archer Daniels Midland Company, E.I. Dupont De Nemours and Company, Arla Foods, Kerry Group PLC, Ingredion Incorporated, Glanbia PLC, Tate & Lyle PLC, Puratos, Corbion, MGP Ingredients, Danone Nutricia, Fiberstar, Inc., Florida Food Products, LLC, and others.
- In March 2015, Ingredion Inc., U.S. launched Precisa for the replacement or reduction of egg white products in baked goods.
- In January 2020, Noblegen Inc. launched Plant-Based Whole Egg Powder under their Eunite brand.
What are the major Applications, Types, and Regions for the Egg Replacers Market?
On the Basis of Type:
- Soy-Based Products
- Dairy Proteins
- Algal Flour
- Others (Gelatine, Yeast Extracts, and Others)
On the Basis of Application:
- Bakery & confectionery
- Savories, Sauces
- dressings & spreads
Egg Replacers Market Regional Insights:
The egg Replacer market in North America is expected to grow at a fairly rapid rate due to the rapid growth of the vegetarian population in the region. Consumers are more aware and concerned about the nutritional content of products in developed countries. The protein present in eggs, which are high in cholesterol, can hinder this Product's acceptance in the region, so replacing eggs with plant-based alternatives can appeal to health-conscious consumers. Demand for low-calorie or low-fat foods is significantly affecting demand in the European egg substitute market. For example, Ulrick and Short in the UK launched egg Replacer Ovaprox V or vegan baking. The egg Replacer market in the Asia Pacific is expected to witness strong growth owing to rising egg allergies among consumers. Increasing adoption of dairy protein in place of eggs by the baking industry is expected to drive the egg Replacer market in this region.
Geographically, the global Egg Replacers market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Egg Replacers Market Report Scope:
CAGR of 5.9% from 2022 to 2030.
Dairy proteins, Starch, Algal flour, Soy-based products, Others
Bakery & confectionery, Savories, Sauces, dressings & spreads, Others
Archer Daniels Midland Company, E.I. Dupont De Nemours and Company, Arla Foods, Kerry Group PLC, Ingredion Incorporated, Glanbia PLC, Tate & Lyle PLC, Puratos, Corbion, MGP Ingredients, Danone Nutricia, Fiberstar, Inc., Florida Food Products, LLC
Regions and Countries Covered
2017 to 2022
2023 to 2030
Frequently Asked Questions (FAQ) about the Egg Replacers market:
What is the CAGR of the global Egg Replacers market?
The Egg Replacers Market is growing at a CAGR of 5.9% during the forecast period.
Which region would offer high growth for vendors in the Egg Replacers market?
North America is the largest market for Egg Replacers Market.
Which Is the Most potential market segment?
By Types- Soy-Based Products, Aquafaba, Starch, Dairy Proteins, Algal Flour, Others (Gelatine, Yeast Extracts, and Others)
By Applications - Bakery & confectionery, Savories, Sauces, dressings & spreads, Others
Which are the top industry players in the Egg Replacers market?
Archer Daniels Midland Company, E.I. Dupont De Nemours and Company, Arla Foods, Kerry Group PLC, Ingredion Incorporated, Glanbia PLC, Tate & Lyle PLC, Puratos, Corbion, MGP Ingredients, Danone Nutricia, Fiberstar, Inc., Florida Food Products, LLCAll of our reports are custom to your company's needs to some extent and we offer 5 hours of free consultation time with each report purchase, which will allow you to request any additional data to custom the report to your needs.