Plant-Based Eggs Market to Witness Growth Acceleration during 2019-2030 - UST, Vegg, Follow Your Heart

Plant-based Eggs Market accounted for over~US$ 20 million in 2019. It is anticipated to grow at aCAGR of 32% from 2019 to 2030.

Eggs are considered to be a rich source of protein, fats, and micro nutrients that play an important role in providing nutrition to the human body. However, eggs are also related with adverse effects on human health, mainly due to their high cholesterol content. Plant-based eggs are groundbreaking vegan egg replacements consisting of soy and mung bean as the main ingredient and a major source of protein.

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Major Key Players of the Plant-based Eggs Market are:
UST, Vegg, Follow Your Heart, ORGRAN, spero foods and others.

The market growth of plant-based eggs can be attributed to factors such as increasing adoption of plant-based alternatives owing to the health benefits that they offer. Eggs consist of significant amounts of cholesterol. On the other hand, plant-based eggs are cholesterol-free. With changing consumers' lifestyles and attitudes, the number of people suffering from hypercholesterolemia is increasing. Thus, plant-based egg alternatives are attracting health-conscious consumers.Increasing consciousness among people regarding the environment and eco-friendly approaches is popularizing plant-based alternatives as they minimize greenhouse gas (GHG) emissions by eliminating biodiversity loss, deforestation, water pollution, and freshwater use. Increasing awareness regarding contamination from Salmonella bacteria, which is found in chickens,and may get transmitted to eggs, causing food borne illnesses, which is considered to be a serious concern among people.Moreover, prominent players, start-ups, and disruptor companies across various geographies have launched new products into the market to meet the rising demand for innovative products and flavors. Along with this, major retail chains, such as Kroger, introduced plant-based eggs through 2,100 Kroger-owned stores across the U.S.

Other factors,such as eggs in the form of liquids are being majorly used in the food industry; however, handling and storage of liquid eggs is a problem. On the other hand, plant-based eggs are easier to handle and have a longer shelf life.Moreover, they do not exhibit special storage requirements. Furthermore, other characteristics, such as better binding, emulsification, foam stabilization, and flavor enhancement of certain egg alternatives, may be particularly useful in bakery & confectionery applications,which is further boosting the plant-based egg market.

Form:
Liquid and Solid

Distribution Channel:
Online, and Offline

Research objectives:-
- To study and analyze the global Plant-based Eggs consumption (value & volume) by key regions/countries, product type and application, history data.
- To understand the structure of the Plant-based Eggs market by identifying its various sub-segments.
- Focuses on the key global Plant-based Eggs manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
- To analyze the Plant-based Eggs with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Plant-based Eggs Market Size
2.2 Plant-based Eggs Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Plant-based Eggs Market Size by Manufacturers
3.2 Plant-based Eggs Key Players Head office and Area Served
3.3 Key Players Plant-based Eggs Product/Solution/Service
3.4 Date of Enter into Plant-based Eggs Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Plant-based Eggs Sales by Product
4.2 Global Plant-based Eggs Revenue by Product
4.3 Plant-based Eggs Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Plant-based Eggs Breakdown Data by End User

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In the end, Plant-based Eggs industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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