Press release
Egg Replacers Market Research 2017 to reach USD 1,283.0 Mn by 2022
Egg Replacers Market
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“Egg replacers market is projected to grow at a CAGR of 6.2%”
The egg replacers market, estimated at USD 949.8 million in 2017, is projected to grow at a CAGR of 6.2%, to reach USD 1,283.0 million by 2022. Increase in awareness of consumers regarding healthy eating habits is fueling the demand for egg replacers. Egg replacer products are used in various food applications owing to their properties such as emulsification, better binding, and foaming. The market is majorly driven by factors such as increase in vegan diet and avian flu outbreak in major geographical regions such as North America and Europe. The growing demand for egg replacers in Asia-Pacific countries is paving new opportunities for egg replacers market. However, the perception of customers toward taste of egg replacers may act as are straining factor for egg replacers in coming years as some of the consumers are disappointed by the taste and variety of egg replacers offered in the market.
“Sauces, dressings& spreads is projected to be the fastest-growing segment in the global egg replacers market”
On the basis of application, sauces, dressings & spreads is projected to be the fastest-growing sub segment during the review period. Egg replacer is low fat and protein rich ingredient that is used in various sauces and spreads. Growth in awareness among consumers toward adverse effects of eggs, such as high fat and cholesterol content, which may lead to the various diseases such as cardiovascular diseases and various functions such as better emulsion and mouth feel effect offered by egg replacers have enabled food processing companies to increase the usage of egg replacers in various sauces and dressings applications.
Egg Replacers Market, By Application
Introduction
Bakery & Confectionery
Savories
Sauces, Dressings, and Spreads
Others
Egg Replacers Market, By Form
Introduction
Dry
Liquid
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Fundamentals of Table of Content:
7 Egg Replacers Market, By Ingredient
7.1 Introduction
7.2 Dairy Protein
7.3 Starch
7.4 Algal Flour
7.5 Soy-Based Products
7.6 Others
8 Egg Replacers Market, By Source
8.1 Introduction
8.2 Plant
8.3 Animal
12 Company Profiles
12.1 Cargill
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
12.2 Archer Daniels Midland Company
12.3 E.I. Dupont De Nemours and Company
12.4 Arla Foods
12.5 Kerry Group PLC
12.6 Ingredion Incorporated
12.7 Glanbia PLC
12.8 Tate & Lyle PLC
12.9 Puratos
12.10 Corbion
12.11 MGP Ingredients
12.12 Danone Nutricia
12.13 Fiberstar, Inc.
12.14 Florida Food Products, LLC
*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.
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