Market Overview:
The global egg replacer market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about veganism and vegetarianism, growing demand for plant-based proteins, and increasing use of egg replacers in bakery & confectionery products. Based on type, the dairy proteins segment is expected to account for the largest share of the global egg replacer market in 2018. This segment is projected to grow at a CAGR of 8.0% during the forecast period. The soy-based products segment is projected to grow at the highest CAGR during the forecast period owing to its health benefits such as high protein content and low fat levels.
Product Definition:
A food additive used to imitate the properties of eggs in recipes. It is made from plant proteins and is often used by vegans or those with egg allergies.
Dairy Proteins:
Dairy proteins are the main ingredients in milk and dairy products. They are extracted from milk through various processes such as casein, whey, and lactoglobulin. Casein is a major ingredient in cheese making process whereas lactoglobulin is used to produce human insulin for diabetic patients. Whey protein contains all the essential amino acids required for muscle growth and repair along with being easily digestible unlike other animal proteins which contain high levels of fibrous Amino Acid (AA).
Algal Flour:
Algal flour is a type of plant-based protein, extracted from microalgae. It has high amino acid content and can be used as an alternative to soy in various applications such as bakery products, beverages, dietary supplements and animal feed. Microalgae are fast growing plants that live in the surface waters of the ocean. They have simple chlorophyll structure and lack other pigments which makes them transparent allowing sunlight to penetrate through their bodies providing nutrition for photosynthesis process.
Application Insights:
The bakery and confectionery segment accounted for more than 35% of the global egg replacer market share in 2017. The demand for baked products is generally higher in developed regions such as North America and Europe, while the demand for egg-less cakes is comparatively higher in developing regions such as Asia Pacific. This trend has been observed since past few years, which indicates a positive outlook on the regional market over the next few years.
The sauces and dressings & spreads segment are anticipated to register a significant CAGR of XX% from 2018 to 2030 owing to increasing consumer awareness regarding high cholesterol levels caused due to consumption of eggs yolks cooked with saturated fatty acids (SFAs). Moreover, manufacturers are introducing new product formulations that include plant-based ingredients like tofu (soybean curd) or algae flour without any compromise on taste buds behalf.
Regional Analysis:
North America dominated the global egg replacer market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing consumer awareness regarding healthy lifestyle and growing demand for plant-based alternatives as meat protein sources. In addition, rising concerns regarding animal cruelty are projected to spur product demand in North America over the coming years.
Europe accounted for a significant share of revenue in 2017 owing to high consumer awareness about veganism and vegetarianism coupled with changing food habits due to urbanization.
Growth Factors:
- Increasing awareness about the health benefits of egg replacer products is expected to drive the growth of the market.
- Rising demand for vegan and vegetarian food products is another key factor that is anticipated to fuel the growth of this market in the near future.
- Growing inclination towards healthy and nutritious food options is projected to boost demand for egg replacer products in the coming years.
- The increasing popularity of bakery items and other processed foods that contain eggs as an ingredient is likely to create new opportunities for players operating in this market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Egg Replacer Market Research Report
By Type
Dairy Proteins, Algal Flour, Starch, Soy-based Products, Others
By Application
Bakery & confectionery, Savories, Sauces, dressings & spreads, Others
By Companies
Archer Daniels Midland Company, DowDuPont, Arla Foods, Kerry Group PLC, Ingredion Incorporated, Glanbia PLC, Tate & Lyle PLC, Puratos, Corbion, MGP Ingredients, Danone Nutricia, Fiberstar, Inc., Florida Food Products, LLC, Ener-G, All American Foods
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Egg Replacer Market Report Segments:
The global Egg Replacer market is segmented on the basis of:
Types
Dairy Proteins, Algal Flour, Starch, Soy-based Products, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bakery & confectionery, Savories, Sauces, dressings & spreads, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Archer Daniels Midland Company
- DowDuPont
- Arla Foods
- Kerry Group PLC
- Ingredion Incorporated
- Glanbia PLC
- Tate & Lyle PLC
- Puratos
- Corbion
- MGP Ingredients
- Danone Nutricia
- Fiberstar, Inc.
- Florida Food Products, LLC
- Ener-G
- All American Foods
Highlights of The Egg Replacer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dairy Proteins
- Algal Flour
- Starch
- Soy-based Products
- Others
- By Application:
- Bakery & confectionery
- Savories
- Sauces, dressings & spreads
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Egg Replacer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Egg replacer is a food additive that can be used to replace eggs in baking recipes. It is made from plant-based ingredients, such as soy or wheat proteins, and it does not contain cholesterol.
Some of the major players in the egg replacer market are Archer Daniels Midland Company, DowDuPont, Arla Foods, Kerry Group PLC, Ingredion Incorporated, Glanbia PLC, Tate & Lyle PLC, Puratos, Corbion, MGP Ingredients, Danone Nutricia, Fiberstar, Inc., Florida Food Products, LLC, Ener-G, All American Foods.
The egg replacer market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Egg Replacer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Egg Replacer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Egg Replacer Market - Supply Chain
4.5. Global Egg Replacer Market Forecast
4.5.1. Egg Replacer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Egg Replacer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Egg Replacer Market Absolute $ Opportunity
5. Global Egg Replacer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Egg Replacer Market Size and Volume Forecast by Type
5.3.1. Dairy Proteins
5.3.2. Algal Flour
5.3.3. Starch
5.3.4. Soy-based Products
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Egg Replacer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Egg Replacer Market Size and Volume Forecast by Application
6.3.1. Bakery & confectionery
6.3.2. Savories
6.3.3. Sauces, dressings & spreads
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Egg Replacer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Egg Replacer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Egg Replacer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Egg Replacer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Egg Replacer Demand Share Forecast, 2019-2026
9. North America Egg Replacer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Egg Replacer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Egg Replacer Market Size and Volume Forecast by Application
9.4.1. Bakery & confectionery
9.4.2. Savories
9.4.3. Sauces, dressings & spreads
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Egg Replacer Market Size and Volume Forecast by Type
9.7.1. Dairy Proteins
9.7.2. Algal Flour
9.7.3. Starch
9.7.4. Soy-based Products
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Egg Replacer Demand Share Forecast, 2019-2026
10. Latin America Egg Replacer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Egg Replacer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Egg Replacer Market Size and Volume Forecast by Application
10.4.1. Bakery & confectionery
10.4.2. Savories
10.4.3. Sauces, dressings & spreads
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Egg Replacer Market Size and Volume Forecast by Type
10.7.1. Dairy Proteins
10.7.2. Algal Flour
10.7.3. Starch
10.7.4. Soy-based Products
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Egg Replacer Demand Share Forecast, 2019-2026
11. Europe Egg Replacer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Egg Replacer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Egg Replacer Market Size and Volume Forecast by Application
11.4.1. Bakery & confectionery
11.4.2. Savories
11.4.3. Sauces, dressings & spreads
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Egg Replacer Market Size and Volume Forecast by Type
11.7.1. Dairy Proteins
11.7.2. Algal Flour
11.7.3. Starch
11.7.4. Soy-based Products
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projectios by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Egg Replacer Demand Share, 2019-2026
12. Asia Pacific Egg Replacer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Egg Replacer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Egg Replacer Market Size and Volume Forecast by Application
12.4.1. Bakery & confectionery
12.4.2. Savories
12.4.3. Sauces, dressings & spreads
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Egg Replacer Market Size and Volume Forecast by Type
12.7.1. Dairy Proteins
12.7.2. Algal Flour
12.7.3. Starch
12.7.4. Soy-based Products
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Egg Replacer Demand Share, 2019-2026
13. Middle East & Africa Egg Replacer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Egg Replacer Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Egg Replacer Market Size and Volume Forecast by Application
13.4.1. Bakery & confectionery
13.4.2. Savories
13.4.3. Sauces, dressings & spreads
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Egg Replacer Market Size and Volume Forecast by Type
13.7.1. Dairy Proteins
13.7.2. Algal Flour
13.7.3. Starch
13.7.4. Soy-based Products
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Egg Replacer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Egg Replacer Market: Market Share Analysis
14.2. Egg Replacer Distributors and Customers
14.3. Egg Replacer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Archer Daniels Midland Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DowDuPont
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Arla Foods
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kerry Group PLC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ingredion Incorporated
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Glanbia PLC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tate & Lyle PLC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Puratos
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Corbion
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. MGP Ingredients
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Danone Nutricia
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fiberstar, Inc.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Florida Food Products, LLC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Ener-G
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. All American Foods
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
