Egg substitutes are the nourishments which can be utilized for replacing eggs in cooking and bakeries. These products are mostly preferred by vegans. Most of these substitutes are free from animal products and contain no cholesterol. These substitutes do not influence the taste and appearance of the end product. Owing to the extensive application of egg substitutes in the end products such as cakes, muffins, mayonnaise, chocolates, custard, ice cream, cookies and others, market is experiencing a noteworthy growth rate. In terms of nutritional values, egg substitutes are no less than eggs and moreover, egg substitutes are cholesterol free, gluten free with high amount of Vitamin A and B12 and others. Increasing awareness among consumers regarding nutritional values of egg substitutes is a key factor driving the market. The market is facing challenges owing to soaring prices of products in some regions, thus hindering the market growth.
According to our (Global Info Research) latest study, the global Egg Substitutes market size was valued at US$ 985 million in 2023 and is forecast to a readjusted size of USD 1509 million by 2030 with a CAGR of 6.3% during review period.
Global key players of Egg Substitutes include Ener-G, Bob"s Red Mill, etc. Global top 3 companies hold a share about 10%. North America is the largest market, with a share about 50%, followed by Asia Pacific and Europe with the share about 25% and 20%. In terms of product, Powder type is the largest segment, with a share over 70%. And in terms of application, the largest application is Direct Selling, with a share about 60%.
This report is a detailed and comprehensive analysis for global Egg Substitutes market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Egg Substitutes market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2019-2030
Global Egg Substitutes market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2019-2030
Global Egg Substitutes market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2019-2030
Global Egg Substitutes market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Egg Substitutes
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Egg Substitutes market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ener-G, Bob's Red Mill, Eat Just, All American Foods, Morinaga Nutritional Foods, Arla Foods Ingredients, Clabber Girl, The Every Company, ADM, McKenzie's Foods, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Egg Substitutes market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Powder
Non Powdery Solid
Liquid
Market segment by Application
Direct Selling
Supermarkets and Hypermarkets
Independent Retailers
Major players covered
Ener-G
Bob's Red Mill
Eat Just
All American Foods
Morinaga Nutritional Foods
Arla Foods Ingredients
Clabber Girl
The Every Company
ADM
McKenzie's Foods
Namaste Foods
Follow Your Heart
The Vegg
ORGRAN
The Skinny Food
Mevalia
YesYouCan
Cargill
Ingredion Incorporated
Glanbia Plc
Kerry Group
Corbion
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Egg Substitutes product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Egg Substitutes, with price, sales quantity, revenue, and global market share of Egg Substitutes from 2019 to 2024.
Chapter 3, the Egg Substitutes competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Egg Substitutes breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Egg Substitutes market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Egg Substitutes.
Chapter 14 and 15, to describe Egg Substitutes sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Egg Substitutes. Industry analysis & Market Report on Egg Substitutes is a syndicated market report, published as Global Egg Substitutes Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Egg Substitutes market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.