Global Egg Replacer Market By Overview
Ingredients used as a substitute for eggs in cooking or baking are known as egg replacers. An egg replacers are used as a substitutes for fresh eggs in order to reduce or eliminate the cholesterol content found in whole eggs. Soy based products; dairy proteins, starch, and other are some of the additional ingredients may replace liquid egg substitutes. Various types of food products are used as substitute for eggs in commercial and homemade applications such as banana, tofu, china seeds, chickpea powder, etc. Egg substitutes are also used to replace nutritional and functional properties of eggs. Ingredients such as starch, yeast extract, soy flour, wheat gluten, and others are used to produce powdered egg replacers that simulate the consistency and essence of eggs.
The growth of the global egg replacement market during the forecast period is based upon the rising prices of fresh eggs and increasing consumer awareness about various healthy diet trends. Increasing in number of individuals with egg allergies and increasing vegan population are major factors driving growth of the global egg replacers market. Increasing demand for vegetarian and vegan products, due to growing adoption of healthy food habits among consumers are also key factors fueling growth of the global market. Egg replacers provide same nutritional content as eggs. These factors are projected to support the egg replacement sales in the global market. However, egg replacers do not provide the exact same taste as egg which is the factor that may affect growth of the global market. As vegan food may not provide that taste and nutritional value to customers, Demand of eggs and egg-based food products may hamper growth of the global egg replacers market.
Global egg replacement market is segmented into ingredients, application, form, source, and region.
On the basis of ingredients, the market is classified into dairy protein, starch, algae flour, soy based products. The dairy product is consumed more by costumers than other products. On the basis of application, the market is divided into Sauces, Bakery and Confectioneries, Dressings and Spreads, Dairy Products, and Others. Bakery and confectioneries are use egg replacer ingredients in their day to day life as a domain food for making of bakery products. On the basis of from, the market is divided into solid and liquid and by source; the target market is divided into plant and animal. Mainly animal source food is consumed by the customers.
On the basis of region, global egg replacer market has been segmented in to North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Due to presence of technologically advanced food processing industry and growing adoption of vegan diet among individuals, North America accounts for major share in terms of revenue. Market in Europe is expected to account for second-highest share in terms of revenue in the coming year. In terms of revenue, Asia Pacific market expected to witness fastest growth over the forecast period followed by Latin America, and Middle East and Africa.
The key players in the global egg replacement ingredients market includes Archer Daniels Midland Company, Cargill Inc., MGP Ingredients, Nestlé S.A. limited, Corbion Group, E.I. Dupont, Ener-G Foods, Incorp, Fiberstar, Incorp, Florida Food Products LLC limited, Glanbia PLC limited, Ingredion Incorporated, Eden Foods, Inc., Organic Valley limited, and American Soy Products Inc.
Global Egg Replacer Market By Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Ingredients
- Market Snippet, By Application
- Market Snippet, By Form
- Market Snippet, By Source
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Egg Replacer Market, By Ingredients, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Dairy Protein
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Starch
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Algae Flour and Soy Based Products
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Egg Replacer Market, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Sauces
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Bakery and Confectioneries
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Dressings and Spreads
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Dairy Products
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Egg Replacer Market, By Form, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Solid
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Liquid
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Egg Replacer Market, By Source, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Plant
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Animal
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Egg Replacer Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Ingredients, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Form, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Ingredients, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Form, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Ingredients, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Form, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Ingredients, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Form, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Ingredients, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application , Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Form, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Archer Daniels Midland Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cargill
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- MGP Ingredients
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nestlé S.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Corbion Group.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- E.I. Dupont
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ener-G Foods
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Incorp
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Fiberstar.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
Egg Replacer Market accounted for US$ 1,283.0 million in 2020 and is estimated to be US$ 2,132.4 million by 2030 and is anticipated to register a CAGR of 6.60%.
Egg Replacer Market is segmented based on Ingredients, Application, Form, Source and Region.
The Egg Replacer Market is driven by factors such as the increasing demand for plant-based and allergen-free products, the rise of vegan and vegetarian diets, growing awareness of egg-related allergies, and the need for sustainable and cruelty-free alternatives in the food industry.
The need for egg replacers to mimic the taste and texture of eggs, potential variations in performance across different applications, competition with conventional eggs, and potential consumer resistance to taste differences, acting as potential restraints for the Egg Replacer Market globally.
North America, Europe, Asia-Pacific, and Latin America. North America is expected to dominate the Egg Replacer Market, driven by the increasing adoption of plant-based diets and the demand for allergen-free products. Europe is also a significant market with a strong focus on vegan and vegetarian lifestyles. Asia-Pacific may witness substantial growth as consumer awareness of plant-based alternatives rises in the region.
The prominent players operating in the Global Egg Replacer Market include Archer Daniels Midland Company, Cargill Inc., MGP Ingredients, Nestlé S.A. limited, Corbion Group, E.I. Dupont, Ener-G Foods, Incorp, Fiberstar, Incorp, Florida Food Products LLC limited, Glanbia PLC limited, Ingredion Incorporated, Eden Foods, Inc., Organic Valley limited, and American Soy Products Inc.