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Global Egg Replacers Market to reach USD 1.7 billion by 2027.

Global Egg Replacers Market by Ingredient (Dairy Proteins, Starch, Algal Flour, Soy-based Products), Form (Dry, Liquid), Application (Bakery & Confectionery, Savories, Sauces, Dressings & Spreads), Regional Forecasts 2021-2027

Product Code: OIRFB-98749099
Publish Date: 17-07-2021
Page: 200

Global Egg Replacers Market is valued approximately at USD 1.13 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.2% over the forecast period 2021-2027. Food products that can be used to replace eggs in baking and cooking are known as egg replacers. mashed banana, ground flaxseed, applesauce or chia seed, silken tofu, yoghurt, buttermilk, vinegar, baking soda, arrowroot powder, aquafaba, nut butter, and a variety of other egg substitutes are available. There are a variety of reasons to avoid eggs, the most frequent of which being allergies and dietary preferences. Other reasons include health, ethical concerns, and environmental concerns. The Egg Replacers market is driven by increasing adoption of vegan diet in developed economies and increase in consumer awareness regarding healthy eating habits. For instance, as per Statista, vegetarian and vegan diets are becoming increasingly popular in the United States. Whereas just 2.5 percent of Americans over 50 identify as vegetarians, 7.5 percent of millennials and Gen Z have given up meat. Veganism is yet another example, with younger generations adopting the diet at nearly twice the rate of senior citizens. Furthermore, according to a 2019 study conducted by Kitchen Stories among people in the United States (US), just 2.73 percent of respondents never ate a balanced meal throughout the time period analyzed. In comparison, more than 36% of Americans ate nutritious meals on a routine basis in 2019. However, egg-based foods and egg consumption, may impede market growth over the forecast period of 2021-2027.

Asia Pacific is dominating the egg replacer market due to an increase in demand for egg replacers in the bakery and savoury sectors in this region, as well as the reduced cholesterol properties given by egg replacers. In which, China is dominating the region owing to rise in cardiovascular illnesses and worries about the negative effects of eggs.

Major market player included in this report are:
Tate & Lyle PLC
Archer Daniels Midland Company
Ingredion Incorporated
Kerry Group PLC
E.I. Dupont De Nemours and Company
Florida Food Products, LLC
MGP Ingredients
Danone Nutricia
Fiberstar, Inc.
Glanbia PLC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Form:
By Ingredients:
Dairy proteins
Algal flour
Soy-based products
By Application:
Bakery & confectionery
Sauces, dressings & spreads
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Egg Replacers Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Egg replacers Market, by Region, 2019-2027 (USD Billion)
1.2.2. Egg replacers Market, by Form, 2019-2027 (USD Billion)
1.2.3. Egg replacers Market, by Ingredients, 2019-2027 (USD Billion)
1.2.4. Egg replacers Market, by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Egg replacers Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Egg replacers Market Dynamics
3.1. Egg replacers Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Increasing adoption of vegan diet in developed economies Increase in consumer awareness regarding healthy eating habits
3.1.2. Market Restraint Egg-based foods and egg consumption Perception of taste
3.1.3. Market Opportunities Awareness regarding veganism in the emerging economies of Asia-Pacific

Chapter 4. Global Egg replacers Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Egg replacers Market, by Form
5.1. Market Snapshot
5.2. Global Egg replacers Market by Form, Performance – Potential Analysis
5.3. Global Egg replacers Market Estimates & Forecasts by Form 2018-2027 (USD Billion)
5.4. Egg replacers Market , Sub Segment Analysis
5.4.1. Dry
5.4.2. Liquid
Chapter 6. Global Egg replacers Market, by Ingredients
6.1. Market Snapshot
6.2. Global Egg replacers Market by Ingredients, Performance – Potential Analysis
6.3. Global Egg replacers Market Estimates & Forecasts by Ingredients 2018-2027 (USD Billion)
6.4. Egg replacers Market , Sub Segment Analysis
6.4.1. Dairy proteins
6.4.2. Starch
6.4.3. Algal flour
6.4.4. Soy-based products
6.4.5. Others
Chapter 7. Global Egg replacers Market, by Application
7.1. Market Snapshot
7.2. Global Egg replacers Market by Application, Performance – Potential Analysis
7.3. Global Egg replacers Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
7.4. Egg replacers Market , Sub Segment Analysis
7.4.1. Bakery & confectionery
7.4.2. Savories
7.4.3. Sauces, dressings & spreads
7.4.4. Others
Chapter 8. Global Egg replacers Market, Regional Analysis
8.1. Egg replacers Market , Regional Market Snapshot
8.2. North America Egg replacers Market
8.2.1. U.S. Egg replacers Market Form breakdown estimates & forecasts, 2018-2027 Ingredients breakdown estimates & forecasts, 2018-2027 Application breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Egg replacers Market
8.3. Europe Egg replacers Market Snapshot
8.3.1. U.K. Egg replacers Market
8.3.2. Germany Egg replacers Market
8.3.3. France Egg replacers Market
8.3.4. Spain Egg replacers Market
8.3.5. Italy Egg replacers Market
8.3.6. Rest of Europe Egg replacers Market
8.4. Asia-Pacific Egg replacers Market Snapshot
8.4.1. China Egg replacers Market
8.4.2. India Egg replacers Market
8.4.3. Japan Egg replacers Market
8.4.4. Australia Egg replacers Market
8.4.5. South Korea Egg replacers Market
8.4.6. Rest of Asia Pacific Egg replacers Market
8.5. Latin America Egg replacers Market Snapshot
8.5.1. Brazil Egg replacers Market
8.5.2. Mexico Egg replacers Market
8.6. Rest of The World Egg replacers Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Tate & Lyle PLC Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Archer Daniels Midland Company
9.2.3. Ingredion Incorporated
9.2.4. Kerry Group PLC
9.2.5. E.I. Dupont De Nemours and Company
9.2.6. Florida Food Products, LLC
9.2.7. MGP Ingredients
9.2.8. Danone Nutricia
9.2.9. Fiberstar, Inc.
9.2.10. Glanbia PLC
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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