Egg Replacers Market - Forecast(2020 - 2025)

Report Code: FBR 52335 Report Format: PDF + Excel (Delivery in 48 Hrs)
Egg Replacers Market Overview
Egg Replacers Market size is $926M in 2019, growing at a CAGR of 5.8% during the forecast period 2020-2025. Egg replacers are the ingredients or a group of ingredients that work together to replicate the effect of egg in a recipe, by providing similar properties. The egg replacers are designed to help manufacturers overcome the rising egg white costs and increase the profitability by reassuring reduced egg white baked goods with better appearance and texture which is likely to drive the market of egg replacers in the forthcoming time. Shifting of consumers from eggs to plant-based egg alternatives is motivated by multiple factors, allergies, and dietary preferences, health purpose, ethical reason, and environmental concern.

Report Coverage
The report: “Egg Replacers Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Egg Replacers Market. 
By Ingredient: Dairy Protein, Starch, Algal Flour, Soy-Based Products and Others.
By Source: Plant and Animal.
By Application: Bakery & Confectionery, Savories, Sauces, Dressings and Spreads and Others.
By Form: Liquid and Dry.
By Geography: North America, Europe, Asia-Pacific and Rest of the World.

Key Takeaways
  • Rising awareness of consumers regarding healthy eating habits and increase in adoption of a vegan diet is likely to be the major driving factor for the market’s growth.
  • Increasing consumer awareness towards preventative healthcare and an inclination towards products with low cholesterol levels is set to propel the growth of the market. 
  • North America region is anticipated to record the fastest growth rate during the forecast period 2020-2025.

By Source - Segment Analysis
In 2019, Dairy Protein segment dominated the Egg Replacers Market in terms of revenue is estimated to grow at a CAGR of 6.2% owing towards increasing consumption of vegan products consumption. Dairy products are a high source of protein, so adequate intake of these reduces the risk of malnutrition. The consumption of dairy products with high protein content is the major selling feature of the food and beverage sector, especially for infants and for athletes. The producers of dairy items are becoming more particular in innovating and delivering products that meet the requirements of health-conscious consumers. These growing issues are compelling the consumers to focus more on healthy diets with highly nutritive value and low-fat food that simultaneously increases daily protein consumption abetting towards the growth of the market.

Geography - Segment Analysis
In 2019, the Asia-Pacific region dominated Egg Replacers Market in terms of revenue with a market share of 32.2% owing towards the growing demand for egg replacers in food industries, and the low cholesterol level provided by egg replacers. The rising interest in and use of egg alternatives by the food industry is driven by many factors including consumer demand, allergen reduction, improved food safety, healthier nutritional profiles, more comfortable handling, and storage, improved functionality, lower price and reduced price volatility, and environmental sustainability aids to the market’s growth. Government has taken initiatives to promote technological advancements in this region are key factors in the growth of the Egg Replacers market. North America is estimated to record the fastest growth rate during the forecast period 2020-2025. 

Drivers – Egg Replacers Market

  • Increase In The Consumption of Plant Based Products
The increase in the consumption of plant based products derived from the sources such as soy, protein, wheat protein, pea protein and rice protein is driving the markets growth. Plant proteins provide healthy alternatives in sectors like cosmetics and personal care, pharmaceuticals and the most importantly in food and beverage & feed sectors. Increasing consumer spending on Protein ingredients is the emerging driving factor for the market.

Challenges – Egg Replacers Market
  • The Lack Of Adequate Amount Of Nutrition 
The comparison of egg ingredient and egg replacer concludes that no single replacer can supply the same level and standard of real eggs in a formulation, which is still a major challenge for the egg replacer market. The factors like, taste and as lower availability of untapped market are some the factors that are hindering the market is hindering the market’s growth.

Egg Replacers Industry Outlook 
Product Launches was the key strategy of the players in the Egg Replacers Industry. Egg Replacers top 10 companies include Arla Foods, Cargill, Corbion, Danone Nutricia, E.I. Dupont De Nemours & Company, Glanbia PLC, Ingredion Incorporated, Kerry Group PLC, MGP Ingredients and Puratos.

Acquisitions/Product Launches
  • In February 2018, Arla Foods the world’s largest producer of organic dairy products acquire Yeo Valley Dairies Limited. This acquisition helped in increasing consumer demands for organic and dairy products.
  • In March 2019, MGP Ingredients entered into partnership Breakthru Beverage in Arizona to support the continued growth of MGP’s proprietary spirits brands.  
  • In May 2019, Ingredion Incorporated launched NOVATION® Lumina. The launch of these starches positions Ingredion to help our customers achieve consumer-preferred label claims as we aim higher and bolder with our clean label portfolio.

1. Egg Replacers Market Overview
    1.1 Definitions and Scope
2. Egg Replacers Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends 
    2.2 Key trends by Ingredient
    2.3 Key trends by Application
    2.4 Key rends by Geography
3. Egg Replacers Market 
    3.1 Market Share Analysis
    3.2 Comparative Analysis
        3.2.1 Product Benchmarking – Key Companies
        3.2.2 Patent Analysis
        3.2.3 Pricing Analysis
        3.2.4 Financial Analysis– Key Companies
4. Egg Replacers Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Egg Replacers Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Egg Replacers Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Egg Replacers Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Egg Replacers Market – By Ingredient (Market Size –$Million/$Billion)
    8.1  Dairy Protein
    8.2 Starch
    8.3 Algal Flour
    8.4 Soy-Based Products 
    8.5 Others
9. Egg Replacers Market – By Source (Market Size –$Million/$Billion)
    9.1 Plant
    9.2 Animal
10. Egg Replacers Market – By Application (Market Size –$Million/$Billion)
    10.1 Bakery & Confectionery
    10.2 Savories
    10.3 Sauces 
    10.4 Dressings and Spreads 
    10.5 Others
11. Egg Replacers Market – By Form (Market Size –$Million/$Billion)
    11.1 Liquid
    11.2 Dry
12. Egg Replacers Market - By Geography (Market Size –$Million/$Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 U.K.
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 India
        12.3.3 Japan
        12.3.4 South Korea
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific
    12.4 Rest of the World
        12.4.1 Middle East
        12.4.2 Africa
        12.4.3 South America
13. Egg Replacers Market - Entropy
14. Egg Replacers Market – Industry/Segment Competition Landscape   Premium 
    14.1 Market Share Analysis
        14.1.1 Market Share by Region – Key companies
        14.1.2 Market Share by Countries – Key Companies
        14.1.3 Best Practices for Companies
15. Egg Replacers Market – Key Company List by Country Premium Premium
16. Egg Replacers Market Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Egg Replacers Market By Ingredient Market 2019-2024 ($M)
1.1 Dairy Protein Market 2019-2024 ($M) - Global Industry Research
1.2 Starch Market 2019-2024 ($M) - Global Industry Research
1.3 Algal Flour Market 2019-2024 ($M) - Global Industry Research
1.4 Soy-Based Products Market 2019-2024 ($M) - Global Industry Research
2.Global Egg Replacers Market By Source Market 2019-2024 ($M)
2.1 Plant Market 2019-2024 ($M) - Global Industry Research
2.2 Animal Market 2019-2024 ($M) - Global Industry Research
3.Global Egg Replacers Market By Form Market 2019-2024 ($M)
3.1 Dry Market 2019-2024 ($M) - Global Industry Research
3.2 Liquid Market 2019-2024 ($M) - Global Industry Research
4.Global Egg Replacers Market By Ingredient Market 2019-2024 (Volume/Units)
4.1 Dairy Protein Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Starch Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Algal Flour Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 Soy-Based Products Market 2019-2024 (Volume/Units) - Global Industry Research
5.Global Egg Replacers Market By Source Market 2019-2024 (Volume/Units)
5.1 Plant Market 2019-2024 (Volume/Units) - Global Industry Research
5.2 Animal Market 2019-2024 (Volume/Units) - Global Industry Research
6.Global Egg Replacers Market By Form Market 2019-2024 (Volume/Units)
6.1 Dry Market 2019-2024 (Volume/Units) - Global Industry Research
6.2 Liquid Market 2019-2024 (Volume/Units) - Global Industry Research
7.North America Egg Replacers Market By Ingredient Market 2019-2024 ($M)
7.1 Dairy Protein Market 2019-2024 ($M) - Regional Industry Research
7.2 Starch Market 2019-2024 ($M) - Regional Industry Research
7.3 Algal Flour Market 2019-2024 ($M) - Regional Industry Research
7.4 Soy-Based Products Market 2019-2024 ($M) - Regional Industry Research
8.North America Egg Replacers Market By Source Market 2019-2024 ($M)
8.1 Plant Market 2019-2024 ($M) - Regional Industry Research
8.2 Animal Market 2019-2024 ($M) - Regional Industry Research
9.North America Egg Replacers Market By Form Market 2019-2024 ($M)
9.1 Dry Market 2019-2024 ($M) - Regional Industry Research
9.2 Liquid Market 2019-2024 ($M) - Regional Industry Research
10.South America Egg Replacers Market By Ingredient Market 2019-2024 ($M)
10.1 Dairy Protein Market 2019-2024 ($M) - Regional Industry Research
10.2 Starch Market 2019-2024 ($M) - Regional Industry Research
10.3 Algal Flour Market 2019-2024 ($M) - Regional Industry Research
10.4 Soy-Based Products Market 2019-2024 ($M) - Regional Industry Research
11.South America Egg Replacers Market By Source Market 2019-2024 ($M)
11.1 Plant Market 2019-2024 ($M) - Regional Industry Research
11.2 Animal Market 2019-2024 ($M) - Regional Industry Research
12.South America Egg Replacers Market By Form Market 2019-2024 ($M)
12.1 Dry Market 2019-2024 ($M) - Regional Industry Research
12.2 Liquid Market 2019-2024 ($M) - Regional Industry Research
13.Europe Egg Replacers Market By Ingredient Market 2019-2024 ($M)
13.1 Dairy Protein Market 2019-2024 ($M) - Regional Industry Research
13.2 Starch Market 2019-2024 ($M) - Regional Industry Research
13.3 Algal Flour Market 2019-2024 ($M) - Regional Industry Research
13.4 Soy-Based Products Market 2019-2024 ($M) - Regional Industry Research
14.Europe Egg Replacers Market By Source Market 2019-2024 ($M)
14.1 Plant Market 2019-2024 ($M) - Regional Industry Research
14.2 Animal Market 2019-2024 ($M) - Regional Industry Research
15.Europe Egg Replacers Market By Form Market 2019-2024 ($M)
15.1 Dry Market 2019-2024 ($M) - Regional Industry Research
15.2 Liquid Market 2019-2024 ($M) - Regional Industry Research
16.APAC Egg Replacers Market By Ingredient Market 2019-2024 ($M)
16.1 Dairy Protein Market 2019-2024 ($M) - Regional Industry Research
16.2 Starch Market 2019-2024 ($M) - Regional Industry Research
16.3 Algal Flour Market 2019-2024 ($M) - Regional Industry Research
16.4 Soy-Based Products Market 2019-2024 ($M) - Regional Industry Research
17.APAC Egg Replacers Market By Source Market 2019-2024 ($M)
17.1 Plant Market 2019-2024 ($M) - Regional Industry Research
17.2 Animal Market 2019-2024 ($M) - Regional Industry Research
18.APAC Egg Replacers Market By Form Market 2019-2024 ($M)
18.1 Dry Market 2019-2024 ($M) - Regional Industry Research
18.2 Liquid Market 2019-2024 ($M) - Regional Industry Research
19.MENA Egg Replacers Market By Ingredient Market 2019-2024 ($M)
19.1 Dairy Protein Market 2019-2024 ($M) - Regional Industry Research
19.2 Starch Market 2019-2024 ($M) - Regional Industry Research
19.3 Algal Flour Market 2019-2024 ($M) - Regional Industry Research
19.4 Soy-Based Products Market 2019-2024 ($M) - Regional Industry Research
20.MENA Egg Replacers Market By Source Market 2019-2024 ($M)
20.1 Plant Market 2019-2024 ($M) - Regional Industry Research
20.2 Animal Market 2019-2024 ($M) - Regional Industry Research
21.MENA Egg Replacers Market By Form Market 2019-2024 ($M)
21.1 Dry Market 2019-2024 ($M) - Regional Industry Research
21.2 Liquid Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Egg Replacers Market Revenue, 2019-2024 ($M)
2.Canada Egg Replacers Market Revenue, 2019-2024 ($M)
3.Mexico Egg Replacers Market Revenue, 2019-2024 ($M)
4.Brazil Egg Replacers Market Revenue, 2019-2024 ($M)
5.Argentina Egg Replacers Market Revenue, 2019-2024 ($M)
6.Peru Egg Replacers Market Revenue, 2019-2024 ($M)
7.Colombia Egg Replacers Market Revenue, 2019-2024 ($M)
8.Chile Egg Replacers Market Revenue, 2019-2024 ($M)
9.Rest of South America Egg Replacers Market Revenue, 2019-2024 ($M)
10.UK Egg Replacers Market Revenue, 2019-2024 ($M)
11.Germany Egg Replacers Market Revenue, 2019-2024 ($M)
12.France Egg Replacers Market Revenue, 2019-2024 ($M)
13.Italy Egg Replacers Market Revenue, 2019-2024 ($M)
14.Spain Egg Replacers Market Revenue, 2019-2024 ($M)
15.Rest of Europe Egg Replacers Market Revenue, 2019-2024 ($M)
16.China Egg Replacers Market Revenue, 2019-2024 ($M)
17.India Egg Replacers Market Revenue, 2019-2024 ($M)
18.Japan Egg Replacers Market Revenue, 2019-2024 ($M)
19.South Korea Egg Replacers Market Revenue, 2019-2024 ($M)
20.South Africa Egg Replacers Market Revenue, 2019-2024 ($M)
21.North America Egg Replacers By Application
22.South America Egg Replacers By Application
23.Europe Egg Replacers By Application
24.APAC Egg Replacers By Application
25.MENA Egg Replacers By Application
26.Cargill, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Archer Daniels Midland Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.E.I. Dupont De Nemours & Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Arla Foods, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Kerry Group PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Ingredion Incorporated, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Glanbia PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Tate & Lyle PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Puratos, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Corbion, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.MGP Ingredients, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Danone Nutricia, Sales /Revenue, 2015-2018 ($Mn/$Bn)