Egg Substitutes Market

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.

Egg Substitutes Market contains market size and forecasts of Egg Substitutes in global, including the following market information:

Global Egg Substitutes Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Egg Substitutes Market Sales, 2017-2022, 2023-2028, (Tons)

Global top five Egg Substitutes companies in 2021 (%)

The global Egg Substitutes market was valued at 920.5 million in 2021 and is projected to reach US$ 1404.4 million by 2028, at a CAGR of 6.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Powder Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Egg Substitutes include Ener-G, Bob's Red Mill, Eat Just, All American Foods, Morinaga Nutritional Foods, Arla Foods Ingredients, Clabber Girl, The Every Company and ADM, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Egg Substitutes manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Egg Substitutes Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)

Global Egg Substitutes Market Segment Percentages, by Type, 2021 (%)

Powder

Non Powdery Solid

Liquid

Global Egg Substitutes Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)

Global Egg Substitutes Market Segment Percentages, by Application, 2021 (%)

Direct Selling

Supermarkets and Hypermarkets

Independent Retailers

Global Egg Substitutes Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)

Global Egg Substitutes Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Egg Substitutes revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Egg Substitutes revenues share in global market, 2021 (%)

Key companies Egg Substitutes sales in global market, 2017-2022 (Estimated), (Tons)

Key companies Egg Substitutes sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players 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

Namaste Foods

Follow Your Heart

The Vegg

ORGRAN

The Skinny Food

Mevalia

YesYouCan

Cargill

Ingredion Incorporated

Glanbia Plc

Kerry Group

Corbion