Growth of Bakery Industry is Promoting Egg Extenders Market Growth
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In the recent decade, there is a tremendous growth in the field of bakery and baking products. Modern food additives and ingredients are being followed by the baking industries. Egg extenders are used widely in the baking industry as it blends well with the other ingredients which are being added to the process of baking. Egg extenders are considered to be economic as it helps increase the quantity of the eggs which are being added to the bakery products. Egg extenders also have a good consistent quality, which helps in serving the functions of eggs. Egg extenders have a good potential in the market for its typical taste, flavor, and color of any standard egg products such as egg powders. Egg extenders are a better replacement choice for egg powders as it produces the similar properties. Egg extenders have a shelf life of one year, from the date of manufacture of the baked products. Egg extenders have similar protein content of eggs. Egg extenders have a demand among the food manufacturers for its various properties. The demand for egg extenders will result in a potential growth in the market.
Some of the market participants operating in the global egg extenders market identified across the value chain include J&K Ingredients, Inc., Corbion N.V., Rembrandt Enterprises., Essex Food Ingredients, Michael Foods, Inc., H & A Canada Inc., Adams Food Ingredients Ltd, Agropur Ingredients among other egg extenders market participants.
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In the year 2015, Corbion N.V., launched new egg white replacement products such as Function Plus 150W and New Function Plus 200. These products help in providing a cost-effective solution for replacing egg whites in baked goods such as bread, cakes, muffins and other bakery products. These products can replace the powdered eggs used in the baked goods.
The market potential for the egg extenders market is expected to grow, owing to the various properties of egg extenders. Proper consumer awareness among the food manufacturers and food services regarding egg extenders will enhance the consumer purchase of egg extenders which will result in the growth of the extenders market.
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