Egg Replacers Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.67 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Egg Replacers Market Analysis
The global egg replacers market is projected to grow at a CAGR of 5.67% during the forecast period.
- Egg replacers are ingredients or a group of ingredients that work together to replicate the effect of egg in a recipe, by providing similar properties.
- Egg replacers are designed to help manufacturers overcome rising egg white costs and increase profitability by encouragingreduced egg white baked goods with betterappearance and texture. Therefore, this advantageis likely to drive the market of egg replacers in the forthcoming time.
- More specifically,the liquid-based egg replacers market isexpected to see a hike due to their convenient use in most applications, especially bakery.
- In spite of the benefits, many consumers are misled by the taste and reject the good side of the egg replacers. Thismay hinder the growth of the market to an extent.
Egg Replacers Market Trends
This section covers the major market trends shaping the Egg Replacers Market according to our research experts:
The use of Plant-based ingredients in Egg Replacers is Increasing
Around the world, more and more flexitarian consumers are looking for alternatives to dairy products. Plant-based proteins are the first choice of the vegan population. The growing demand for egg replacers led to the use of Potato isolate protein that has nearly similar gel strength to an egg. Manufacturers have also come up with soy-based egg replacement systems, which tend to be hydrophilic, even more so than eggs. Thus, the required quantity of these replacers over eggs is lesser for yielding the same properties.
Asia-Pacific is the Most Rapidly Growing Market of Egg Replacers
The Asia-Pacific region is anticipated to be the most rapidly growing market over the study period, owing to the growing demand for egg replacers in Bakery and other industries, and the low cholesterol level provided by egg replacers. Due to the risk of cardiovascular diseases and growth in concerns regarding the adverse impacts of eggs, China is gladly accepting the concept of egg replacers in the recipes.
The availability of cheap raw materials and low production costs in combination with liberal regulations make the Asia-Pacific region a better place to set up manufacturing units. The producers of these egg replacers can thus provide the products at affordable prices.
Egg Replacers Industry Overview
The primary motive of replacing eggs from any recipe is to remove a common allergen. Another reason why the manufacturers came up with the idea of commercializing eggs replacers extensively is that egg and egg products have had numerous supply and demand challenges over the years, and it’s always good to have a substitute than scrambling. The leading players like E.I. Dupont De Nemours and Company, Arla Foods Ingredients Group P/S, Ingredion Incorporated, Glanbia PLC, Cargill, Incorporated, Archer Daniels Midland Company, and others are coming up with their related speciality products for diverse applications.
Egg Replacers Market Leaders
E.I. Dupont De Nemours and Company
Arla Foods Ingredients Group P/S
Ingredion Incorporated
Glanbia PLC
Cargill, Incorporated
*Disclaimer: Major Players sorted in no particular order
Egg Replacers Market Report - Table of Contents
-
1. INTRODUCTION
-
1.1 Study Deliverables
-
1.2 Study Assumptions
-
1.3 Scope of the Study
-
-
2. RESEARCH METHODOLOGY
-
3. EXECUTIVE SUMMARY
-
3.1 Market Overview
-
-
4. MARKET DYNAMICS
-
4.1 Market Drivers
-
4.2 Market Restraints
-
4.3 Porter's Five Forces Analysis
-
4.3.1 Threat of New Entrants
-
4.3.2 Bargaining Power of Buyers/Consumers
-
4.3.3 Bargaining Power of Suppliers
-
4.3.4 Threat of Substitute Products
-
4.3.5 Intensity of Competitive Rivalry
-
-
-
5. MARKET SEGMENTATION
-
5.1 By Form
-
5.1.1 Dry
-
5.1.2 Liquid
-
-
5.2 By Source
-
5.2.1 Plant-based
-
5.2.2 Animal-based
-
-
5.3 By Application
-
5.3.1 Bakery and Confectionery
-
5.3.2 Dressings and Spreads
-
5.3.3 Savories and Sauces
-
5.3.4 Others
-
-
5.4 By Basic Ingredient
-
5.4.1 Dairy proteins
-
5.4.2 Soy-based products
-
5.4.3 Starch
-
5.4.4 Algal Flour
-
5.4.5 Others
-
-
5.5 Geography
-
5.5.1 North America
-
5.5.1.1 United States
-
5.5.1.2 Canada
-
5.5.1.3 Mexico
-
5.5.1.4 Rest of North America
-
-
5.5.2 Europe
-
5.5.2.1 Spain
-
5.5.2.2 United Kingdom
-
5.5.2.3 Germany
-
5.5.2.4 France
-
5.5.2.5 Italy
-
5.5.2.6 Russia
-
5.5.2.7 Rest of Europe
-
-
5.5.3 Asia Pacific
-
5.5.3.1 China
-
5.5.3.2 Japan
-
5.5.3.3 India
-
5.5.3.4 Australia
-
5.5.3.5 Rest of Asia-Pacific
-
-
5.5.4 South America
-
5.5.4.1 Brazil
-
5.5.4.2 Argentina
-
5.5.4.3 Rest of South America
-
-
5.5.5 Middle East and Africa
-
5.5.5.1 South Africa
-
5.5.5.2 Saudi Arabia
-
5.5.5.3 Rest of Middle East and Africa
-
-
-
-
6. COMPETITIVE LANDSCAPE
-
6.1 Most Active Companies
-
6.2 Most Adopted Strategies
-
6.3 Market Share Analysis
-
6.4 Company Profiles
-
6.4.1 Cargill, Incorporated
-
6.4.2 E.I. Dupont De Nemours and Company
-
6.4.3 Arla Foods
-
6.4.4 Ingredion Incorporated
-
6.4.5 Glanbia PLC
-
6.4.6 Tate & Lyle PLC
-
6.4.7 Archer Daniels Midland Company
-
6.4.8 Puratos NV/SA
-
6.4.9 MGP Ingredients
-
6.4.10 Corbion NV
-
- *List Not Exhaustive
-
-
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Egg Replacers Industry Segmentation
The Global Egg Replacers market has been segmented by form into dry and liquid egg replacements.By source, the market of egg replacers is segmented as plant-based and animal-based. Based on theapplication, the global egg replacers can be broadly classified according to the use in bakery & confectionery,dressings & spreads, savories, sauces, and others. Also, referring to the basic ingredient presence, the egg replacers are segregated intodairy proteins, soy-based products, starch, algal flour, and others. At last, the global egg replacers marketis differentiated on the basis ofGeography.
| By Form | |
| Dry | |
| Liquid |
| By Source | |
| Plant-based | |
| Animal-based |
| By Application | |
| Bakery and Confectionery | |
| Dressings and Spreads | |
| Savories and Sauces | |
| Others |
| By Basic Ingredient | |
| Dairy proteins | |
| Soy-based products | |
| Starch | |
| Algal Flour | |
| Others |
| Geography | |||||||||
| |||||||||
| |||||||||
| |||||||||
| |||||||||
|
Egg Replacers Market Research FAQs
What is the current Egg Replacers Market size?
The Egg Replacers Market is projected to register a CAGR of 5.67% during the forecast period (2024-2029)
Who are the key players in Egg Replacers Market?
E.I. Dupont De Nemours and Company, Arla Foods Ingredients Group P/S, Ingredion Incorporated, Glanbia PLC and Cargill, Incorporated are the major companies operating in the Egg Replacers Market.
Which is the fastest growing region in Egg Replacers Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Egg Replacers Market?
In 2024, the Asia Pacific accounts for the largest market share in Egg Replacers Market.
What years does this Egg Replacers Market cover?
The report covers the Egg Replacers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egg Replacers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Egg Replacers Industry Report
Statistics for the 2024 Egg Replacers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Egg Replacers analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
