HomePress-release

Redding, California - December 4, 2024

Egg Replacers Market to Reach $2.27 Billion by 2031

Egg Replacers Market Size, Share, Forecast, & Trends Analysis by Type (Dairy Protein, Starch, Soy based Products), Source (Plant, Animal, Algae), Form, Function (Binding), Application (Bakery & Confectionery, Sauces and Dressings) - Global Forecast to 2031

Meticulous Research^®—a leading global market research company, published a research report titled ‘Egg Replacers Market—Global Opportunity Analysis and Industry Forecast (2024-2031)’. According to this latest publication from Meticulous Research^®, the egg replacers market is expected to reach $2.27 billion by 2031, at a CAGR of 7.8% from 2024 to 2031.

The rising adoption of plant-based and vegan diets, increasing food allergies and intolerances, and rising demand for clean labels and natural ingredients are the factors driving the growth of this market. In addition, increasing interest in egg replacers to develop various food products and emerging regions such as Asia-Pacific and Latin America are creating significant growth opportunities for market players. Moreover, growing alternative proteins demand is a major trend in the egg replacers market.

Key Players:

The egg replacers market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the egg replacers market are Cargill, Incorporated (U.S.), Archer-Daniels-Midland Company (U.S.), Ingredion Incorporated (U.S.), Tate & Lyle Plc (U.K.), Arla Foods Ingredients Group P/S (Denmark), Corbion NV (Netherlands), Puratos NV/SA (Belgium), MGP Processing, Inc. (U.S.), Glanbia plc (Ireland), Nutricia Limited (Netherlands), DuPont de Nemours, Inc. (U.S.), Kerry Group plc (Ireland), Fiberstar, Inc. (U.S.), J&K Ingredients, Inc. (U.S.), and Crespel & Deiters GmbH & Co. KG (Germany).

The egg replacers market is segmented based on type, source, form, function, and application. This study also evaluates industry competitors and analyzes the regional and country-level markets.

Among the types studied in this report, the dairy protein segment is anticipated to hold the dominant position, with a large share of the egg replacers market in 2024. The factors such as large number of dairy protein providers, ease of use, recognized ingredient, rising awareness regarding the benefits of dairy protein, and the functional properties and nutritional benefits of dairy protein contribute to the segment’s dominant position in the egg replacers market. Additionally, dairy protein can replicate the texture, taste, and functionality of traditional eggs in various food applications.

Among the sources studied in this report, in 2024, the plant segment is expected to dominate the egg replacers market. The abundance of plant-based ingredients, growing health concerns about animal-based ingredients, and an increasing vegan population contribute to the segment’s dominant position in the egg replacers market. Additionally, the rising demand for plant-based food and beverage products further supports this market. Increased awareness of the health benefits associated with plant-based diets, such as lower cholesterol levels and a reduced risk of heart disease, also plays a significant role in driving the growth of this market.

Among the forms studied in this report, in 2024, the dry segment is expected to dominate the egg replacers market. The high shelf life, cost-effectiveness, ease of use, storage, handling, and transportation supports the segment’s dominant position in the egg replacers market.

Among the applications studied in this report, the bakery & confectionery segment is anticipated to hold the dominant position, with a large share of the egg replacers market in 2024. The functionalities of egg replacers such as binding, emulsification, and leavening, are vital in baking. These properties allow manufacturers to create products that closely mimic traditional baked goods without using eggs. These factors are expected to contribute to the segment’s dominant position in the egg replacers market.

Key Players

This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (France, Spain, Italy, Germany, U.K., Netherlands, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Malaysia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East & Africa ((South Africa, Saudi Arabia, UAE, and the Rest of Middle East & Africa).

Among the geographies studied in this report, in 2024, North America is expected to dominate the egg replacers market. The large share of this regional market can be attributed to several factors, such as the increasing acceptance of alternatives, rising availability of egg-free products, increasing health consciousness among consumers, rising product innovations, and a robust food & beverage sector that supports innovation in plant-based and allergen-free foods. Furthermore, in 2024, the U.S. is expected to account for a larger share of the egg replacers market in North America.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=6113

Key Questions Answered in the Report-

What is the value of revenue generated by the sale of egg replacers?
At what rate is the global demand for egg replacers projected to grow for the next five to seven years?
What is the historical market size and growth rate for the egg replacers market?
What are the major factors impacting the growth of this market at global and regional levels?
What are the major opportunities for existing players and new entrants in the market?
Which type, source, form, function, and application segments create major traction for the manufacturers in this market?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the egg replacers market?
Who are the major players operating in the egg replacers market? What are their specific product offerings in this market?
What recent developments have taken place in the egg replacers market? What impact have these strategic developments created on the market?

Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

3D Printing

5G Technology

Advanced Chemical & Materials

Agrochemicals

Algae Products

Alternative Proteins

Animal Health

Artificial Intelligence

Automotive Technologies

Big Data Analytics

Climate Technologies

Edible Insects

Electric Vehicle

Food & Agriculture Technologies

Hydrogen Technologies

Internet Of Things

In Vitro Diagnostics

Laboratory Instrumentation

Language Learning Technologies

Medical Technologies

Next Generation Technologies

Processing & Packaging Technologies

Robotics & Automation

Smart Technologies

Water & Wastewater Technologies

Miscellaneous / Others

Redding, California - December 4, 2024

Egg Replacers Market to Reach $2.27 Billion by 2031

Egg Replacers Market Size, Share, Forecast, & Trends Analysis by Type (Dairy Protein, Starch, Soy based Products), Source (Plant, Animal, Algae), Form, Function (Binding), Application (Bakery & Confectionery, Sauces and Dressings) - Global Forecast to 2031

Recommended Readings

Advanced Chemical &
Materials

Food & Agriculture
Technologies

Next Generation
Technologies

Processing & Packaging
Technologies

Water & Wastewater
Technologies