Overview:
Egg replacement ingredients facilitate the reduction of egg content in the food without impacting the appearance and taste of the food. Egg replacers are generally produced by utilizing a variety of ingredients ranging from modified food starch to milk.
The global egg replacement ingredient market is growing at a fast pace and is anticipated to achieve significant growth over the forecast period till 2023. Crisis in the availability of eggs due to avian influenza, escalation in the demand for plant based ingredients and inclined cost of eggs are some of the factors fostering the growth of egg replacement ingredients market.
At present, North America region captured the maximum share in revenue of egg replacement ingredient market and is anticipated to dominate over the forecast period. Increasing demand for egg replacement ingredient from China, India, and European region is anticipated to foster the growth of egg replacement ingredient in the region over the forecast period. This is generally due to rising consumer awareness and consciousness towards preventive healthcare is anticipated to stimulate the market growth over the forecast period.
The global egg replacement ingredient market is mainly concentrated in North America. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
Global Egg Replacement Ingredient market is segmented on the following bases:
- By Form
- By Application
- Cookies and Biscuits
- Pasta and Noodles
- Chocolates
- Cakes and other bakery products
- Others
- By Ingredient
- Algal Flour
- Soy Products
- Milk Protein Formulation
- Starch
- Others
- By End Use
- By Geography
- North America
- Europe
- U.K.
- France
- Germany
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australasia
- Rest of APAC
- Rest of World
- Latin America
- Brazil
- Rest of Latin America
- Middle-East & Africa
- Africa
Key Players Identified Across the Value Chain in the Egg Replacement Ingredient Market include but are not limited to:
Glanbia Plc, Tate and Lyle Plc, Ingredion Incorporated, Natural Products Inc., TerraVia Holdings Inc., Ener-G Foods, Orchard Valley Foods Ltd, Archer Daniels Midland Company Corbion NV, and others.
This report offers:
- An overview of the Global Egg Replacement Ingredient market
- Market trends assessment for the period 2016-2023, with historical information for 2013 & 2014, and projections through 2023, with respective CAGRs during 2016-2023 and 2015 as the base year
- Qualitative assessment tools such as market drivers, challenges and future prospects, and competitive analysis: market positioning of key market players
- Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics
- A general overview of the industry structure
- Company profiles highlighting key information about the major players operating in the global Egg Replacement Ingredient market
- This report includes estimation of market sizes for value. Both, top-down and bottom-up approaches have been used to estimate and validate the size of the Egg Replacement Ingredient market
