Egg Substitutes Market By Form, By Application, By Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2023-2032

List of Tables

The global egg substitutes market is anticipated to reach $5,187.0 million by 2032, growing from $1,140.0 million in 2022 at a CAGR of 16.6% from 2023 to 2032.

Egg substitutes refer to ingredients or products used in cooking and baking to replace eggs in recipes. People may use egg substitutes for various reasons, such as allergies, dietary restrictions, or ethical choices (e.g., veganism). These substitutes are designed to mimic the binding, leavening, and moisture-retaining properties of eggs in recipes.

As consumers become more aware regarding the impact of their food choices on health, there is a growing demand for products that align with healthier lifestyles. Egg substitutes, particularly those derived from plant-based sources, are perceived as healthier options due to their lower cholesterol and saturated fat content. The prevalence of food allergies and dietary restrictions has increased, leading consumers to seek alternatives to traditional eggs. Egg substitutes, including those made from plants, cater to individuals with egg allergies or those following specific dietary preferences such as veganism. Governments and health organizations around the world are actively promoting healthier eating habits to combat lifestyle-related diseases. This has led to increased awareness among consumers about the nutritional content of their food choices, driving the demand for healthier alternatives like egg substitutes.

The manufacturing process of egg substitutes often involves specialized ingredients and technologies, contributing to higher production costs compared to traditional egg farming. This includes the costs associated with sourcing plant-based or alternative protein ingredients, processing, and formulation. Developing effective egg substitutes that mimic the taste, texture, and functionality of real eggs requires extensive R&D. Investing in such innovation can lead to higher upfront costs, which may be reflected in the final product price. Sourcing and processing plant-based or alternative protein ingredients can be more complex and costly than the straightforward production of eggs. The supply chain for these ingredients may be less established, leading to higher transportation and procurement expenses

As increasing people embrace vegan and vegetarian lifestyles, the potential consumer base for egg substitutes continues to expand. This trend is not limited to a specific demographic but includes individuals across various age groups and regions. The demand for plant-based egg substitutes encourages innovation and the development of new products. Companies have the opportunity to create diverse and versatile substitutes, expanding their product portfolios to meet different consumer preferences. The increasing demand for plant-based and vegan products has led to wider availability in retail outlets. Egg substitutes can benefit from the expansion of retail channels, making them more accessible to consumers. The environmental impact of conventional egg production, including issues such as deforestation, water usage, and greenhouse gas emissions, is a growing concern. Plant-based egg substitutes offer a more sustainable and environmentally friendly option, aligning with the values of consumers seeking eco-friendly choices. Egg substitutes can provide a solution for individuals with egg allergies or sensitivities. Plant-based alternatives can be allergen-free, addressing a significant market segment that may face challenges with traditional egg consumption.

The key players profiled in this report include Cargill Inc., DuPont Nutrition & Health, Kerry Group, Glambia Plc., Corbion Puratos, Danone Nutricia, Flordia Food Products LLC, FIberstar Inc., MGP Ingredients, and Arla Foods Ingredients. The market players are continuously striving to achieve a dominant position in this competitive market using strategies such as product innovation and development of egg substitutes.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the egg substitutes market analysis from 2022 to 2032 to identify the prevailing egg substitutes market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the egg substitutes market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global egg substitutes market trends, key players, market segments, application areas, and market growth strategies.

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Consumer Buying Behavior Analysis
End user preferences and pain points
Installed Base analysis
Upcoming/New Entrant by Regions
Technology Trend Analysis
Go To Market Strategy
Market share analysis of players by products/segments
Regulatory Guidelines
Strategic Recommendations
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Criss-cross segment analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
Market share analysis of players at global/region/country level

Key Market Segments

By Form

Dry
Liquid

By Application

Bakery and Confectionery
Savories
Sauces
Dressings and Spreads

By Distribution Channel

Online Stores
Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- Austria
- Switzerland
- Sweden
- Rest of Europe
Asia-Pacific
- Taiwan
- New Zealand
- India
- Singapore
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- UAE
- Chile
- South Africa
- Rest of LAMEA

Key Market Players:

Cargill Inc.
DuPont Nutrition & Health
Kerry Group
Glambia Plc.
Tate and Lyle and Ingredion Inc.
Corbion Puratos
Danone Nutricia
Flordia Food Products LLC
FIberstar Inc.
MGP INGREDIENTS
Arla Foods Ingredients Group P/S

Product Code: A13750

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
3.5. Market Share Analysis
3.6. Brand Share Analysis
3.7. Value Chain Analysis
3.8. Regulatory Guidelines
3.9. Patent Landscape

CHAPTER 4: EGG SUBSTITUTES MARKET, BY FORM

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Dry
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Liquid
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country

CHAPTER 5: EGG SUBSTITUTES MARKET, BY APPLICATION

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Bakery and Confectionery
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Savories
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Sauces
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Dressings and Spreads
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country

CHAPTER 6: EGG SUBSTITUTES MARKET, BY DISTRIBUTION CHANNEL

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Online Stores
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Supermarkets and Hypermarkets
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Convenience Stores
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
6.5. Specialty Stores
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country

CHAPTER 7: EGG SUBSTITUTES MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Form
- 7.2.3. Market size and forecast, by Application
- 7.2.4. Market size and forecast, by Distribution Channel
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Market size and forecast, by Form
  - 7.2.5.1.2. Market size and forecast, by Application
  - 7.2.5.1.3. Market size and forecast, by Distribution Channel
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Market size and forecast, by Form
  - 7.2.5.2.2. Market size and forecast, by Application
  - 7.2.5.2.3. Market size and forecast, by Distribution Channel
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Market size and forecast, by Form
  - 7.2.5.3.2. Market size and forecast, by Application
  - 7.2.5.3.3. Market size and forecast, by Distribution Channel
7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Form
- 7.3.3. Market size and forecast, by Application
- 7.3.4. Market size and forecast, by Distribution Channel
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. Germany
  - 7.3.5.1.1. Market size and forecast, by Form
  - 7.3.5.1.2. Market size and forecast, by Application
  - 7.3.5.1.3. Market size and forecast, by Distribution Channel
  - 7.3.5.2. UK
  - 7.3.5.2.1. Market size and forecast, by Form
  - 7.3.5.2.2. Market size and forecast, by Application
  - 7.3.5.2.3. Market size and forecast, by Distribution Channel
  - 7.3.5.3. Austria
  - 7.3.5.3.1. Market size and forecast, by Form
  - 7.3.5.3.2. Market size and forecast, by Application
  - 7.3.5.3.3. Market size and forecast, by Distribution Channel
  - 7.3.5.4. Switzerland
  - 7.3.5.4.1. Market size and forecast, by Form
  - 7.3.5.4.2. Market size and forecast, by Application
  - 7.3.5.4.3. Market size and forecast, by Distribution Channel
  - 7.3.5.5. Sweden
  - 7.3.5.5.1. Market size and forecast, by Form
  - 7.3.5.5.2. Market size and forecast, by Application
  - 7.3.5.5.3. Market size and forecast, by Distribution Channel
  - 7.3.5.6. Rest of Europe
  - 7.3.5.6.1. Market size and forecast, by Form
  - 7.3.5.6.2. Market size and forecast, by Application
  - 7.3.5.6.3. Market size and forecast, by Distribution Channel
7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Form
- 7.4.3. Market size and forecast, by Application
- 7.4.4. Market size and forecast, by Distribution Channel
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. Taiwan
  - 7.4.5.1.1. Market size and forecast, by Form
  - 7.4.5.1.2. Market size and forecast, by Application
  - 7.4.5.1.3. Market size and forecast, by Distribution Channel
  - 7.4.5.2. New Zealand
  - 7.4.5.2.1. Market size and forecast, by Form
  - 7.4.5.2.2. Market size and forecast, by Application
  - 7.4.5.2.3. Market size and forecast, by Distribution Channel
  - 7.4.5.3. India
  - 7.4.5.3.1. Market size and forecast, by Form
  - 7.4.5.3.2. Market size and forecast, by Application
  - 7.4.5.3.3. Market size and forecast, by Distribution Channel
  - 7.4.5.4. Singapore
  - 7.4.5.4.1. Market size and forecast, by Form
  - 7.4.5.4.2. Market size and forecast, by Application
  - 7.4.5.4.3. Market size and forecast, by Distribution Channel
  - 7.4.5.5. Australia
  - 7.4.5.5.1. Market size and forecast, by Form
  - 7.4.5.5.2. Market size and forecast, by Application
  - 7.4.5.5.3. Market size and forecast, by Distribution Channel
  - 7.4.5.6. Rest of Asia-Pacific
  - 7.4.5.6.1. Market size and forecast, by Form
  - 7.4.5.6.2. Market size and forecast, by Application
  - 7.4.5.6.3. Market size and forecast, by Distribution Channel
7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Form
- 7.5.3. Market size and forecast, by Application
- 7.5.4. Market size and forecast, by Distribution Channel
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Brazil
  - 7.5.5.1.1. Market size and forecast, by Form
  - 7.5.5.1.2. Market size and forecast, by Application
  - 7.5.5.1.3. Market size and forecast, by Distribution Channel
  - 7.5.5.2. UAE
  - 7.5.5.2.1. Market size and forecast, by Form
  - 7.5.5.2.2. Market size and forecast, by Application
  - 7.5.5.2.3. Market size and forecast, by Distribution Channel
  - 7.5.5.3. Chile
  - 7.5.5.3.1. Market size and forecast, by Form
  - 7.5.5.3.2. Market size and forecast, by Application
  - 7.5.5.3.3. Market size and forecast, by Distribution Channel
  - 7.5.5.4. South Africa
  - 7.5.5.4.1. Market size and forecast, by Form
  - 7.5.5.4.2. Market size and forecast, by Application
  - 7.5.5.4.3. Market size and forecast, by Distribution Channel
  - 7.5.5.5. Rest of LAMEA
  - 7.5.5.5.1. Market size and forecast, by Form
  - 7.5.5.5.2. Market size and forecast, by Application
  - 7.5.5.5.3. Market size and forecast, by Distribution Channel

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2022

CHAPTER 9: COMPANY PROFILES

9.1. Cargill Inc.
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
9.2. DuPont Nutrition & Health
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
9.3. Kerry Group
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
9.4. Glambia Plc.
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
9.5. Tate and Lyle and Ingredion Inc.
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
9.6. Corbion Puratos
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
9.7. Danone Nutricia
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.7.7. Key strategic moves and developments
9.8. Flordia Food Products LLC
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
9.9. FIberstar Inc.
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
9.10. MGP INGREDIENTS
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance
- 9.10.7. Key strategic moves and developments
9.11. Arla Foods Ingredients Group P/S
- 9.11.1. Company overview
- 9.11.2. Key executives
- 9.11.3. Company snapshot
- 9.11.4. Operating business segments
- 9.11.5. Product portfolio
- 9.11.6. Business performance
- 9.11.7. Key strategic moves and developments