Egg Replacement Ingredients Market Size, Share, Trends, Growth 2032

Egg Replacement Ingredients Market

Egg Replacement Ingredients Market By Type (Dairy Protein, Starch, Algae Flour, Soy-Based Products, and Others), By Application (Bakery & Confectionery, Mayonnaise & Sauces, and Others), By Form (Solid and Liquid), and By Source (Plant and Animal), And By Region: Global Industry Perspective, Comprehensive Analysis And Forecast, 2024-2032

Category: Food & Beverage Report Format : PDF Pages: 110 Report Code: ZMR-3479 Published Date: Jul-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 1331.57 Million USD 2249.66 Million 6% 2023

Egg Replacement Ingredients Market

Egg Replacement Ingredients Market Industry Prospective

According to the report published by Zion Market Research, the global Egg Replacement Ingredients Market size was valued at USD 1331.57 Million in 2023 and is predicted to reach USD 2249.66 Million by the end of 2032. The market is expected to grow with a CAGR of 6% during the forecast period.

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The report analyzes the global Egg Replacement Ingredients Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Labeling Equipment Market industry.

Global Egg Replacement Ingredients Market: Growth Factors

Egg replacement ingredients facilitate the reduction of egg content in food without affecting its appearance and taste. The substitute for eggs is a low-fat or low-cholesterol alternative to whole eggs. These egg replacers are manufactured by utilizing a variety of ingredients, such as modified food starch, milk, etc.

The food industry has experienced a sudden shift in the past few years as more and more consumers are switching to vegan diets, owing to the outbreak of several diseases from birds that have negatively affected the global egg market. According to the green planet, around 6% of the total U.S. population is vegetarian. This is due to adverse effects of the non-vegetarian diet over individual health. The global egg replacement ingredients market is likely to grow swiftly in the years ahead, owing to the low availability of eggs. The growing demand for plant-based ingredients and high egg prices are other factors anticipated to fuel the egg replacement ingredients market globally over the estimated timeframe. 

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However, the preference for original egg taste and incidences of contamination might restrain the global egg replacement ingredients market in the future. On the other hand, growing health concerns and the outbreak of diseases related to birds are projected to provide new growth opportunities for the players operating in the global egg replacement ingredients market.

The study includes drivers and restraints of the egg replacement ingredients market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the egg replacement ingredients market on a global level.

In order to give the users of this report a comprehensive view of the egg replacement Ingredients market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new type launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers type portfolio of various companies.

Global Egg Replacement Ingredients Market: Segmentation

The study provides a decisive view of the egg replacement ingredients market by segmenting the market based on type, application, form, source, and region.

By type, the global egg replacement ingredients market is sectored into dairy protein, starch, algae flour, soy-based products, and others.

On the basis of application, this global market is classified into bakery and confectionery, mayonnaise and sauces, and others.

By form, this market includes solid and liquid. By source, this global market includes plant and animal.

Egg Replacement Ingredients Market: Report Scope

Report Attributes Report Details
Report Name Egg Replacement Ingredients Market
Market Size in 2023 USD 1331.57 Million
Market Forecast in 2032 USD 2249.66 Million
Growth Rate CAGR of 6%
Number of Pages 110
Key Companies Covered Corbion N.V., Puratos Group, Glanbia PLC, Natural Products, Inc., Ingredion Incorporated, Tate & Lyle PLC, Ener-G Foods, Inc., Orchard Valley Foods Limited, TerraVia Holdings, Inc., and Archer Daniels Midland Company, among others
Segments Covered By type, By application, By form, By source and By region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Egg Replacement Ingredients Market: Regional Analysis

The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The regional segmentation of the global egg replacement ingredients market includes North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Asia Pacific egg replacement ingredients market is expected to grow moderately over the forecast time period, particularly expected in China and India. The North American egg replacement ingredients market is expected to witness the highest growth over the forecast time period, owing to the increasing demand for products with an enhanced shelf life and rising concerns related to health and diet.

Global Egg Replacement Ingredients Market: Competitive Players and Segments

Some main participants of the egg replacement ingredients market are

  • Corbion N.V.
  • Puratos Group
  • Glanbia PLC
  • Natural Products, Inc
  • Ingredion Incorporated
  • Tate & Lyle PLC
  • Ener-G Foods, Inc
  • Orchard Valley Foods Limited
  • TerraVia Holdings, Inc.
  • Archer Daniels Midland Company

The egg replacement ingredients market is segmented into :

Global Egg Replacement Ingredients Market: Type Analysis

  • Dairy Protein
  • Starch
  • Algae Flour
  • Soy-Based Products
  • Others 

Global Egg Replacement Ingredients Market: Application Analysis

  • Bakery and Confectionery
  • Mayonnaise and Sauces
  • Others 

Global Egg Replacement Ingredients Market: Form Analysis

  • Solid
  • Liquid 

Global Egg Replacement Ingredients Market: Source Analysis

  • Plant
  • Animal 

Global Egg Replacement Ingredients Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Ingredients called "egg replacements" are employed in culinary preparations to mimic the functional qualities of eggs. Similar advantages to those that eggs normally offer in terms of binding, emulsification, leavening, and moisture retention are achieved by using these components. Egg substitutes are necessary because of allergies, dietary restrictions (such vegetarianism), and other reasons.

Egg substitute components are in high demand because to the growing popularity of vegan and vegetarian diets, which are motivated by ethical, environmental, and health concerns.

Customers are looking for egg-free alternatives due to rising knowledge of egg allergies and intolerances.

The global Egg Replacement Ingredients Market size was valued at USD 1331.57 Million in 2023 and is predicted to reach USD 2249.66 Million Billion by the end of 2032.

The market is expected to grow with a CAGR of 6% during the forecast period.

The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Corbion N.V., Puratos Group, Glanbia PLC, Natural Products, Inc., Ingredion Incorporated, Tate & Lyle PLC, Ener-G Foods, Inc., Orchard Valley Foods Limited, TerraVia Holdings, Inc., and Archer Daniels Midland Company, among others.

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