Global Egg Replacers Market foreseen to cross USD 1.5 billion by 2025

1. Global Egg Replacers Market foreseen to cross USD 1.5 billion by 2025 Market overview: The global Egg Replacers Market was worth USD 0.98 billion in 2019, and it is estimated that it will reach a valuation of USD 1.57 billion by 2025 at a CAGR of 6.02% during the outlook period. Egg replacement ingredients reduce egg content in foods without affecting shape and taste. An egg replacer is a low-fat or low-cholesterol alternative to whole eggs. Egg replacers are manufactured using a variety of ingredients, such as modified food starch and milk. They are basically made from a variety of food ingredients, such as milk, soybean oil, and food starch. Egg replacement ingredients provide similar health and nutritional benefits to eggs. Recent developments: In 2019, DuPont developed a new egg white replacement system for plant- based meat substitutes. Market Drivers and Restrains: The consumption of plant-based ingredients is increasing due to more nutritional benefits than dairy, gluten, and non-plant foods, a major driver of the global market for egg replacers. The growing concern for the health of non-plant foods has led consumers to prefer plant foods. Food tastes around the world have changed dramatically over the last decade. Consumers around the world are shifting demand from non-vegan foods to vegan foods. The plant-based alternative to eggs solves the problems of excessive prices and the supply chain, making these products easier for consumers to consume. Egg replacement ingredients are available in plant food chains that provide similar nutritional benefits. In addition to concerns about excessive price and the supply chain, the egg market is becoming more fragile, which is causing more consumers to consume egg replacement ingredients. Consumers are moving toward egg replacement ingredients for a variety of reasons, including the consumption of eggs linked to heart disease. Global egg manufacturers face various challenges related to egg production such as handling and storage, allergen separation and

2. cleaning, pricing, sustainability, and more. However, taste and profitability factors can hamper the growth of the global egg replacers market. To know more read: https://www.marketdataforecast.com/market-reports/egg-replacers-market Report is segmented as: Global Egg replacers market is segmented by application, form, type and source. By type, the global market is segmented into dairy protein, starch, seaweed meal, soy-based products, etc. Depending on the application, this global market is segmented into bakery and confectionery, mayonnaise and sauces, etc. The bakery and confectionery segment is expected to have the largest market share during the forecast period due to the increasing demand for egg substitute ingredients in the bakery industry. By form, this market includes solids and liquids. By source, this global market includes plants and animals. Geographical Segmentation: North America is expected to have a large share of the global egg replacer market. High disposable income can be a powerful factor supporting demand in the North American egg replacer market. A heightened awareness of the adverse effects of high cholesterol on the human body is expected to drive increased demand in the North American market for egg replacers. Asia Pacific could be another rewarding region for the egg replacers market due to the high impact of Western culture and eating habits. Key market players: Key players in the global egg replacers market include Puratos Group, Corbion NV, Natural Products, Inc., Glanbia PLC, Tate & Lyle PLC, TerraVia Holdings, Inc., Ingredion Incorporated, Orchard Valley Foods Limited, Ener-G Foods, INC. And Archer Daniels Midland Company. View sample and decide: https://www.marketdataforecast.com/market-reports/egg-replacers- market/request-sample

3. Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626

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