"Market Intelligence that Adds Flavour to Your Success"

Egg Replacers Market Size, Share & Industry Analysis, By Source (Plant, Animal), By Types (Soy-Based Products, Aquafaba, Starch, Dairy Proteins, Algal Flour), By Application (Bakery, Confectionery, Dressings and Spreads, Dairy Products) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI102451 | Status : Ongoing

 

KEY MARKET INSIGHTS

Egg replacers are ingredients used as substitutes for eggs in the preparation of a variety of food products. Egg is one of the most common allergens and can cause mild rash to life-threatening allergic reaction. The arrowroot powder, yogurt, applesauce, and various other ingredients are used as an egg substitute in commercial application. The price of eggs is unstable due to their limited shelf-life and fluctuating demand that is linked to seasonal consumption of egg containing food products.


The prominent companies producing egg replacers are focused on new product development to fulfill the growing consumer's demand. For instance, in March 2019, Mantiqueira, based in Brazil, launched a plant-based vegan egg, N.Ovo, made with pea starch and plant protein. N.Ovo is sold in a traditional egg carton with the powder sealed in a bag inside. The increasing demand for egg replacers, which will replace the nutritional and functional properties of egg, is projected to drive the global egg replacer market.  

Up Arrow

Key Market Driver -

Increasing Consumer Demand for Vegan Food Products.

Down Arrow

Key Market Restraint -

Lack of Organoleptic Properties.


The increasing consumer preference for vegan processed food products has increased the demand for a product such as vegan egg substitutes. The adoption of low-fat or low- cholesterol egg substitutes such as tofu, banana, yogurt, and others by consumers will drive the global egg replacer market during the foreseeable years. The rising prices of an egg will drive the demand for egg replacers in the food processing industry. For instance, in September 2018, JUST, a U.S. based vegan company, launched the plant-based egg scramble, made from mung beans.

According to the American Egg Board (AEB), there is no substitute available in the market that can replace the organoleptic properties supplied by egg in food product. The use of aquafaba as a foaming agent, starch as a binding agent, and others to give the exact organoleptic properties to product can increase the cost of the final product. The aforementioned factor is a major hindrance in the market growth of egg replacers.

Key Players Covered:



  • Cargill

  • Kerry Group

  • Archer Daniels Midland Company

  • Glanbia Plc

  • Corbion N.V.

  • Arla Foods

  • Tate and Lyle PLC.

  • Puratos Corporation Ingredion Inc.


The plant-based egg replacers are expected to witnesses strong growth as consumer demand for plant-based foods is vigorously increasing. The use of plant based egg replacers in food products represents an opportunity for food manufactures to align their products with consumer’s needs. For instance, in February 2018, Kroner Starke, a German Company, launched a clean label egg replacer, REGG-EX. The REGG-EX is produced from selected quality wheat flour and untreated spring water and can be used for various applications.

The use of dairy protein as an egg replacer is anticipated to be the fastest-growing segment because it can act as emulsifiers, binding and foaming agents in various bakery applications. The use of aquafaba (water from cooked beans) as a foaming egg replacer is expected to witness steady growth in the global egg replacer market owing to the increasing demand for plant-based egg replacers Among the application. The bakery segment is anticipated to witness steady growth in the global egg replacer market due to the bakery products are popular among consumers. For instance, in January 2018, Puratos, UK, launched the Satin brand with Plain and Chocolate Creamy Vegan Cake Mix.

Regional Analysis:


To gain extensive insights into the market, Request for Customization


The egg replacers market in North America is expected to grow at a considerable pace due to rapidly growing vegetarian population across this region. The consumers are more aware and conscious about the nutritional content of the product in the developed countries. The high amount of cholesterol present in egg can hamper the product acceptance in this region so by replacing egg with plant-based alternative can attract the health conscious consumers. The demand for low-calorie or low-fat food is significantly influencing the need for the egg replacer market in Europe. For instance, Ulrick and Short, U.K., launched an egg replacer, Ovaprox V or vegan baking.

Asia Pacific is expected to witness a sturdy growth in egg replacer industry due to the increasing egg allergies among consumers. The growing adoption of dairy proteins as a substitute for eggs in the bakery industry will drive the egg replacer market in this region.

Egg Replacers Market Segmentation Analysis


























 ATTRIBUTE

 DETAILS

By Source



  • Plant

  • Animal



By Types



  • Soy-Based Products

  • Aquafaba

  • Starch

  • Dairy Proteins

  • Algal Flour

  • Others (Gelatine, Yeast Extracts, and Others)



By Application



  • Bakery

  • Confectionery

  • Dressings and Spreads

  • Dairy Products

  • Others (Sauces, Savories, and Others)



By Geography



  • North America (U.S., Canada, and Mexico)

  • Europe (France, Germany, Italy, Spain, U.K., Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa, UAE, and Rest of ME&A)



Key Industry Developments:



  • In March 2015, Ingredion Inc., U.S. launched Precisa for the replacement or reduction of egg white products in baked goods.

  • In January 2020, Noblegen Inc., launched Plant-Based Whole Egg Powder under their Eunite brand.





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Food & Beverages Clients
Owens
BCG
Pont Europe
Fresenius
Ferrero
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X