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Less Number of Players in the Specific Market to Pose Striking Opportunities in Egg Replacement Ingredients Industry || Key Players: orbion NV, Glanbia plc, Tate & Lyle Plc, Ingredion Incorporated, and Ener-G Foods
Fact MR compiled a comprehensive report on egg replacement ingredients market for the assessment period of 2018–2028. The report on egg replacement ingredients is an ideal solution for both qualitative and quantitative intelligence, which are important for gauging overall scope of the egg replacement ingredients industry. Furthermore, the report on egg replacement ingredients market also covers exhaustive information of the current scenario of the industry, which forms a base for framing the futuristic anticipations. The report is an all-inclusive presentation of growth drivers, market restraints, prime opportunities, demand generators, market size estimations, industry forecasts, and pioneering trends governing the egg replacement ingredients market over the forecast timeline. The report on egg replacement ingredients market has been compiled by procuring information from both primary and secondary research findings.Request Sample Here
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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.
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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Egg replacement ingredients enable restoration of nutrients and helps reducing egg content in foods, without influencing the taste and appeal of the final product. It finds primary application in confectionary and bakery products such as cakes, muffins, mayonnaise, chocolates, custard, ice-cream, cookies and others. Egg replacement ingredients are foreseen to evolve as mainstream ingredients, primarily for use in bakery products by virtue of benefits such as reduction in count of raw materials used, enhanced appeal & texture, magnified shelf life and enticing taste. Going forward, egg replacement ingredients are expected to be widely adopted by various food manufacturers and end consumers.
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).
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