Less Number of Players to Pose Striking Opportunities in Egg Replacement Ingredient Market || Key Players: Less Number of Players to Pose Striking Opportunities in Egg Replacement Ingredient Market

Egg Shortage Crisis in Regions Such as North America Owing to Avian Influenza to Boost Growth of Egg Replacement Ingredients Market

The outbreak of avian influenza and its subsequent prevalence among birds, primarily in the North America region, has led to an intense egg supply crisis. Poultry producers across several countries, primarily in North America, are witnessing huge losses in the wake of a highly pathogenic strain of avian influenza. This epidemic has, in turn, persuaded producers to cull millions of chickens and turkeys. Consequently, food manufacturers are on the lookout for egg substitutes to include in various products, which is foreseen to bode well for egg replacement ingredients market. 

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Less Number of Players in the Specific Market to Pose Striking Opportunities in Egg Replacement Ingredients Industry

Though a huge demographic of players in the bakery industry provide traditional bakery offerings, only a few players make use of egg replacement ingredients in their products. Health-savvy population evolving across the globe are highly preferring functional foods with natural ingredients. This is a preeminent trend creating pioneering opportunities for companies in egg replacement ingredients market to offer products in line with this growing fad.

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Mayonnaise to Stand Out as the Leading Application in terms of Revenue in Egg Replacement Ingredients Market

Mayonnaise is poised to stay ahead of the curve in terms of revenue in egg replacement ingredients market as compared to other application segments such as chocolates, biscuits and cookies, cakes/pastries/muffins/breads, and noodles & pasta in the egg replacement ingredients market. On the flip side, the section of cakes/ pastries/muffins/breads in egg replacement ingredients market is foreseen to exhibit faster growth over the forecast period. In the light of sudden and unprecedented decline in egg supply because of avian flu, several manufacturers of mayonnaise dressings have been receiving requests for introducing stabilizers to replace eggs in mayonnaise.

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The report further elaborates on the market taxonomy of egg replacement ingredients on the basis of several segments such as form, application, ingredient, end-user, and region. Egg replacement ingredients are further classified into liquid and powder, on the basis of form. Various application areas making use of egg replacement ingredients include chocolate, biscuits & cookies, cakes/ pastries/ muffins/bread, noodles & pasta, and mayonnaise. By ingredient, the types included in egg replacement ingredients market are milk protein formulations, algal flour, proteins, starch, soy products, and others. Types of end users involved in the egg replacement ingredients industry are commercial and household. The market of egg replacement ingredients has been analyzed across several regions such as North America, Latin America, Asia Pacific (APAC), and Europe, Middle East & Africa (EMEA).

the prominent players featured in the competitive dashboard of the report include Corbion NV, Glanbia plc, Tate & Lyle Plc, Ingredion Incorporated, and Ener-G Foods, Inc. Furthermore, the key focus areas of those companies operating in egg ingredients market have also been included for readers to gain a competitive edge. Also, product innovation and strategic moves of those prominent players operating in egg ingredients market have been included to aid the budding market players to upgrade their business strategies.

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