Egg Replacement Ingredients Market

Egg Replacement Ingredients Market, By Ingredient (Starch, Milk Protein Formulation, Soy Products, Algal Flour, Proteins, Others), By Application(Chocolates, Biscuits & Cookies, Cakes/Pastries/Muffins/Bread, Mayonnaise, Noodles & Pasta), By End user (Commercial (Large Scale Food Manufacturers, Small Scale Food Manufacturers), Household), By Form (Liquid, powder), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

Egg replacement ingredients are the ideal substitute for eggs and are widely used to replace the egg content in food. They are produced from various ingredients such as milk, modified food starch, etc. These ingredients are widely used across muffins, custard, mayonnaise, chocolates, cakes, ice cream, and cookies among others.

Market Dynamics

The global egg replacement ingredients market has witnessed significant growth in recent past years, owing to the shortage of egg crisis due to avian influenza. Based on ingredients, the global egg replacement ingredients market is bifurcated into starch, milk protein formulation, soy products, algal flour, proteins, and others. Among these segments, the milk protein formulation segment dominated the global egg replacement ingredients market in 2018, owing to the demand for organic and natural food ingredients among consumers. This factor is estimated to drive the growth of the global egg replacement ingredients market during the forecast period.

Moreover, based on applications, the global egg replacement ingredients market is bifurcated into chocolates, biscuits & cookies, cakes/pastries/muffins/bread, mayonnaise, and noodles & pasta. Among these segments, the mayonnaise segment dominated the global egg replacement ingredients market in 2022, owing to the shortage of eggs due to avian influenza across the globe. Moreover, egg replacement ingredients are used in mayonnaise. This is in turn is fueling the demand for egg replacement ingredients across the globe.

Furthermore, the North America region dominated the global egg replacement ingredients market in 2022, owing to the increasing demand for egg replacement ingredients in the food & beverages industry coupled with consumer preference for vegan food products in this region. As a result, this scenario is estimated to foster the growth of the global egg replacement ingredients market during the forecast timeframe.

Key features of the study:

This report provides in-depth analysis of Global Egg Replacement Ingredients market size (US$ Million), and Compound Annual Growth Rate (CAGR %) for the forecast period (2023 – 2030), considering 2022 as the base year

It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market

This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players

It profiles leading players in the global Egg Replacement Ingredients market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and plans

Key companies covered as a part of this study include Corbion NV, Glanbia Plc, Tate & Lyle Plc, Ingredion Incorporated, Ener-G Foods, Inc., Natural Products, Inc., Orchard Valley Foods, Puratos Group, Solazyme, Inc., and Archer Daniels Midland Company.

Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics

The global Egg Replacement Ingredients market report caters to various stakeholders in this industry including investors, suppliers, global Egg Replacement Ingredients manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Egg Replacement Ingredients market

Detailed Segmentation:

Global Egg Replacement Ingredients Market, By Ingredients:

Starch

Milk Protein Formulation

Soy Products

Algal Flour

Proteins

Others

Global Egg Replacement Ingredients Market, By Application:

Chocolates

Biscuits & Cookies

Cakes/Pastries/Muffins/Bread

Mayonnaise

Noodles & Pasta

Global Egg Replacement Ingredients Market, By End User:

(Commercial (Large Scale Food Manufacturers, Small Scale Food Manufacturers))

Household

Global Egg Replacement Ingredients Market, By Form:

Liquid

Powder

Global Egg Replacement Ingredients Market, By Region:

North America

U.S.

Canada

Latin America

Brazil

Mexico

Rest of Latin America

Europe

EU 5

Nordic

Benelux

Russia

Poland

Rest of Europe

Asia Pacific

China

India

Japan

ASEAN

Rest of Asia Pacific

Middle East & Africa

GCC

South Africa

Rest of Middle East & Africa

Company Profiles

Corbion NV.

Company Overview

Product Portfolio

Financial Performance

Key Strategies

Recent Developments

Future Plans

Glanbia Plc

Tate & Lyle Plc

Ingredion Incorporated

Ener-G Foods, Inc.

Natural Products, Inc.

Orchard Valley Foods

Puratos Group

Solazyme, Inc.

Archer Daniels Midland Company

“*” marked represents similar segmentation in other categories in the respective section.