Press release
Egg Substitute Market is Size, Trends, Latest Insights, Analysis and Forecast 2024-2031/ Archer Daniels Midland Company, Arla Foods Ingredients Group P/S, Cargill Inc., Danone Nutricia, International Flavors & Fragrances Inc.
In September 2023, Formo, a German precision fermentation startup, is set to introduce a lab-brewed egg alternative to the foodservice sector in Europe later this year. Formo's protein, derived from Aspergillus oryzae, offers functional properties akin to egg proteins without being classified as a novel food under EU regulations. Despite initial price premiums, Formo anticipates decreasing costs and has garnered positive consumer interest, especially in Germany, according to a peer-reviewed study commissioned by the company.
Moreover, in june 2023, Plantible Foods, a startup, has established a 140-acre lemna farm in Texas and unveiled Rubi Whisk, its inaugural product-a plant-based egg alternative. Founded in 2016 by Dutch entrepreneurs Tony Martens Fekini and Maurits van de Ven, the company has secured over $30 million in funding from investors including CJ CheilJedang and Kellogg's venture arm eighteen94 capital. Rubi Whisk, derived from lemna-extracted RuBisCO protein, offers functional properties comparable to animal proteins and has attracted interest across diverse food sectors.
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Market Coverage
The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Form
By Application
By Distribution Channel
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- includes Archer Daniels Midland Company, Arla Foods Ingredients Group P/S, Cargill Inc., Danone Nutricia, International Flavors & Fragrances Inc. (DuPont de Nemours, Inc.) among others.
Egg Substitute Market Report Segment
By Form
Dry
Liquid
By Application
Bakery and Confectionery
Savouries
Sauces
Dressings and Spreads
By Distribution Channel
Online Stores
Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores
A full Report of Egg Substitute Market is Available @ https://www.omrglobal.com/industry-reports/egg-substitute-market
Egg Substitute Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
All American Foods
Bob's Red Mill
Corbion Puratos
Eat Just, Inc.
Ener-G Foods
FIberstar Inc.
Flordia Food Products LLC
Glambia Plc.
Ingredion Incorporated
Kerry Group plc.
Mevalia (Vitaflo International Ltd )
MGP
Ward McKenzie Pty Ltd
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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