Egg Replacement Ingredients Market Is Anticipated To Reach $2249.66 Million By 2032

Zion Market Research has published a new report titled “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 Source (Plant And Animal), And By Region: Global Industry Perspective, Comprehensive Analysis And Forecast, 2024-2032”. According to the report, the global egg replacement ingredients market was valued at approximately  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.

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.

Browse the full “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 Source (Plant And Animal), And By Region: Global Industry Perspective, Comprehensive Analysis And Forecast, 2024-2032” Report at https://www.zionmarketresearch.com/report/egg-replacement-ingredient-market

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.

The global egg replacement ingredients market by segmenting the market based on type, application, form, and source. By type, the global egg replacement ingredients market is sectored into dairy protein, starch, algae flour, soy-based products, and others. Starch dominated the egg replacement ingredients market global in 2018, due to product large application in various end-user industries.

On the basis of application, this global market is classified into bakery and confectionery, mayonnaise and sauces, and others. The bakery and confectionery segment is expected to hold the largest market share over the estimated timeframe, owing to the rising demand for egg replacement ingredients by the bakery industry. By form, this market includes solid and liquid. By source, this global market includes plant and animal.

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

This report segments the global egg replacement ingredients market 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
• The Middle East and Africa

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