Egg replacement ingredients facilitate the reduction of egg content in the food without impacting the appearance or 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 through 2023. A crisis in the availability of eggs due to avian influenza, an escalation in demand for plant-based ingredients, and the inclined cost of eggs are some of the factors fostering the growth of the egg replacement ingredients market.
At present, the North American region captured the maximum share in revenue from the egg replacement ingredient market and is anticipated to dominate over the forecast period. Increasing demand for egg replacement ingredients from China, India, and the European region is anticipated to foster the growth of egg replacement ingredients in the region over the forecast period. This is generally due to rising consumer awareness and consciousness towards preventive healthcare, which is anticipated to stimulate 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.
The global egg replacement ingredient market is segmented on the following basis:
By Form
Powder
Liquid
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
Household
Commercial
By Geography
North America
U.S.
Canada
Europe
U.K.
France
Germany
Italy
Russia
Rest of Europe
Asia Pacific
Japan
China
India
Australasia
Rest of APAC
Rest of the World
Latin America
Brazil
rest of Latin America
Middle East and Africa
Africa
Key players identified across the value chain in the egg replacement ingredient market include but are not limited to:
An overview of the global egg replacement ingredient market
Market trends assessment for the period 2016-2023, with historical information for 2013 and 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, launches, 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 an 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.
Frequently Asked Questions:
The market for Egg Replacement Ingredient Market is expected to reach US$ XX Bn By 2023
The Egg Replacement Ingredient Market is expected to see significant CAGR growth over the coming years, at XX%.
The report is forecasted from 2016 To 2023.
The base year of this report is 2015.
Glanbia Plc, Tate & Lyle Plc, Ingredion Incorporated, Natural Products Inc., TerraVia Holdings Inc., Ener-G Foods, Orchard Valley Foods Ltd., Archer Daniels Midland Company, Corbion NV are some of the major players in the global market.
