Egg Replacement Ingredients Market- Global Opportunity Analysis And Industry Forecast (2017-2022)

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Global Egg Replacement Ingredients Market is expected to grow at a CAGR of 5.7% from 2017 to 2022 to reach USD 1,152.0 million by 2022. This growth is majorly accounted to the growing preference for plant based natural ingredients among the general population, growing vegan, vegetarian, and flexitarian population; frequent outbreaks of Avian Influenza; and safety benefits over natural eggs. However, there is reluctance to use the egg replacement ingredients from both the industrial users as well as the end consumer mainly due to its inability to replicate the exact flavor, taste, and texture like the real eggs.

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Global egg replacement ingredients market is segmented by type (dairy protein, starch, algae flour, soy-based products others), by application (bakery & confectionary, mayonnaise & sauces, others), by form (solid, and liquid), and by source (plant, and animal).
Geographically, the global egg replacement ingredients market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. These regions are further analyzed at a country level with the detailed qualitative and quantitative analysis. North America accounted for the major share in the global egg replacement ingredients market in 2016, followed by Europe, and Asia-Pacific region.



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The major share of the North American region is mainly attributed to the higher acceptance of egg replacement ingredients in the U.S., rapidly increasing vegan population, and incidences of Avian Influenza outbreaks. However, Asian countries are slated to register the fastest growth during the forecast period, owing to the large population that abstains from animal origin foods, increasing spending capacity, and growing awareness about ill effect of eating non-vegetarian foods.


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