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PUBLISHER: KBV Research | PRODUCT CODE: 1483635
PUBLISHER: KBV Research | PRODUCT CODE: 1483635
Asia Pacific Egg Substitutes Market Size, Share & Trends Analysis Report By Form, By Distribution Channel (Hypermarkets & Supermarkets, Specialty Stores, Convenience Stores, and Online Stores), By Application, By Country and Growth Forecast, 2024 - 2031
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The Asia Pacific Egg Substitutes Market would witness market growth of 17.0% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Egg Substitutes Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $322.5 million by 2031. The Japan market is registering a CAGR of 16.2% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 17.8% during (2024 - 2031).
In addition to health considerations, environmental sustainability has become a key driver shaping the market. The conventional egg production industry is associated with environmental challenges such as land use, water consumption, greenhouse gas emissions, and waste generation. A large proportion of emissions associated with poultry originate from the food they are fed, contributing up to 63% of embodied carbon.
Moreover, as a result, consumers, food manufacturers, and policymakers increasingly prioritize sustainable food choices and production practices. Plant-based substitutes have a comparatively lower environmental footprint, requiring fewer resources and generating fewer emissions than traditional egg production. This alignment with sustainability goals has propelled the adoption of egg substitutes as an eco-friendlier alternative in the food industry.
Urbanization and exposure to Western food trends have contributed to the acceptance and popularity of plant-based options, including egg substitutes, especially in cosmopolitan areas where consumers are more open to experimenting with alternative foods. In India, rapid urbanization has led to significant shifts in dietary patterns, with urban areas witnessing a rising interest in Western food trends and healthier eating habits. It is anticipated that these factors will aid in expanding the market.
Based on Form, the market is segmented into Dry, and Liquid. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Specialty Stores, Convenience Stores, and Online Stores. Based on Application, the market is segmented into Bakery & Confectionery, Dressings & Spreads, Savories, and Sauces. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Fiberstar, Inc.
- Florida Food Products, LLC (Ardian France S.A.)
- Glanbia plc
- Tate & Lyle PLC
- Ingredion Incorporated
- Corbion N.V.
- Arla Foods, Inc.
- Kerry Group PLC
- MGP Ingredients, Inc.
- Cargill, Incorporated
Asia Pacific Egg Substitutes Market Report Segmentation
By Form
- Dry
- Liquid
By Distribution Channel
- Hypermarkets & Supermarkets
- Specialty Stores
- Convenience Stores
- Online Stores
By Application
- Bakery & Confectionery
- Dressings & Spreads
- Savories
- Sauces
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Asia Pacific Egg Substitutes Market, by Form
- 1.4.2Asia Pacific Egg Substitutes Market, by Distribution Channel
- 1.4.3Asia Pacific Egg Substitutes Market, by Application
- 1.4.4Asia Pacific Egg Substitutes Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter Five Forces Analysis
Chapter 4.Asia Pacific Egg Substitutes Market by Form
- 4.1Asia Pacific Dry Market by Country
- 4.2Asia Pacific Liquid Market by Country
Chapter 5.Asia Pacific Egg Substitutes Market by Distribution Channel
- 5.1Asia Pacific Hypermarkets & Supermarkets Market by Country
- 5.2Asia Pacific Specialty Stores Market by Country
- 5.3Asia Pacific Convenience Stores Market by Country
- 5.4Asia Pacific Online Stores Market by Country
Chapter 6.Asia Pacific Egg Substitutes Market by Application
- 6.1Asia Pacific Bakery & Confectionery Market by Country
- 6.2Asia Pacific Dressings & Spreads Market by Country
- 6.3Asia Pacific Savories Market by Country
- 6.4Asia Pacific Sauces Market by Country
Chapter 7.Asia Pacific Egg Substitutes Market by Country
- 7.1China Egg Substitutes Market
- 7.1.1China Egg Substitutes Market by Form
- 7.1.2China Egg Substitutes Market by Distribution Channel
- 7.1.3China Egg Substitutes Market by Application
- 7.2Japan Egg Substitutes Market
- 7.2.1Japan Egg Substitutes Market by Form
- 7.2.2Japan Egg Substitutes Market by Distribution Channel
- 7.2.3Japan Egg Substitutes Market by Application
- 7.3India Egg Substitutes Market
- 7.3.1India Egg Substitutes Market by Form
- 7.3.2India Egg Substitutes Market by Distribution Channel
- 7.3.3India Egg Substitutes Market by Application
- 7.4South Korea Egg Substitutes Market
- 7.4.1South Korea Egg Substitutes Market by Form
- 7.4.2South Korea Egg Substitutes Market by Distribution Channel
- 7.4.3South Korea Egg Substitutes Market by Application
- 7.5Singapore Egg Substitutes Market
- 7.5.1Singapore Egg Substitutes Market by Form
- 7.5.2Singapore Egg Substitutes Market by Distribution Channel
- 7.5.3Singapore Egg Substitutes Market by Application
- 7.6Malaysia Egg Substitutes Market
- 7.6.1Malaysia Egg Substitutes Market by Form
- 7.6.2Malaysia Egg Substitutes Market by Distribution Channel
- 7.6.3Malaysia Egg Substitutes Market by Application
- 7.7Rest of Asia Pacific Egg Substitutes Market
- 7.7.1Rest of Asia Pacific Egg Substitutes Market by Form
- 7.7.2Rest of Asia Pacific Egg Substitutes Market by Distribution Channel
- 7.7.3Rest of Asia Pacific Egg Substitutes Market by Application
Chapter 8.Company Profiles
- 8.1Fiberstar, Inc.
- 8.1.1Company Overview
- 8.2Florida Food Products, LLC (Ardian France S.A.)
- 8.2.1Company Overview
- 8.3Glanbia plc
- 8.3.1Company Overview
- 8.3.2Financial Analysis
- 8.3.3Segmental and Regional Analysis
- 8.3.4Research & Development Expenses
- 8.4Tate & Lyle PLC
- 8.4.1Company Overview
- 8.4.2Financial Analysis
- 8.4.3Segmental & Regional Analysis
- 8.4.4Research & Development Expense
- 8.4.5Recent strategies and developments:
- 8.4.5.1Acquisition and Mergers:
- 8.4.6SWOT Analysis
- 8.5Ingredion Incorporated
- 8.5.1Company Overview
- 8.5.2Financial Analysis
- 8.5.3Regional Analysis
- 8.5.4Research & Development Expenses
- 8.5.5Recent strategies and developments:
- 8.5.5.1Geographical Expansions:
- 8.5.6SWOT Analysis
- 8.6Corbion N.V.
- 8.6.1Company Overview
- 8.6.2Financial Analysis
- 8.6.3Segmental and Regional Analysis
- 8.6.4Research & Development Expense
- 8.6.5SWOT Analysis
- 8.7Arla Foods, Inc.
- 8.7.1Company Overview
- 8.7.2Financial Analysis
- 8.7.3Regional Analysis
- 8.7.4Research & Development Expense
- 8.7.5Recent strategies and developments:
- 8.7.5.1Acquisition and Mergers:
- 8.7.6SWOT Analysis
- 8.8Kerry Group PLC
- 8.8.1Company Overview
- 8.8.2Financial Analysis
- 8.8.3Segmental and Regional Analysis
- 8.8.4Research & Development Expenses
- 8.8.5Recent strategies and developments:
- 8.8.5.1Product Launches and Product Expansions:
- 8.8.6SWOT Analysis
- 8.9MGP Ingredients, Inc.
- 8.9.1Company Overview
- 8.9.2Financial Analysis
- 8.9.3Segmental and Regional Analysis
- 8.10.Cargill, Incorporated
- 8.10.1Company Overview
- 8.10.2Recent strategies and developments:
- 8.10.2.1Partnerships, Collaborations, and Agreements:
- 8.10.2.2Acquisition and Mergers:
- 8.10.3SWOT Analysis
LIST OF TABLES
- TABLE 1Asia Pacific Egg Substitutes Market, 2020 - 2023, USD Million
- TABLE 2Asia Pacific Egg Substitutes Market, 2024 - 2031, USD Million
- TABLE 3Asia Pacific Egg Substitutes Market by Form, 2020 - 2023, USD Million
- TABLE 4Asia Pacific Egg Substitutes Market by Form, 2024 - 2031, USD Million
- TABLE 5Asia Pacific Dry Market by Country, 2020 - 2023, USD Million
- TABLE 6Asia Pacific Dry Market by Country, 2024 - 2031, USD Million
- TABLE 7Asia Pacific Liquid Market by Country, 2020 - 2023, USD Million
- TABLE 8Asia Pacific Liquid Market by Country, 2024 - 2031, USD Million
- TABLE 9Asia Pacific Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
- TABLE 10Asia Pacific Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
- TABLE 11Asia Pacific Hypermarkets & Supermarkets Market by Country, 2020 - 2023, USD Million
- TABLE 12Asia Pacific Hypermarkets & Supermarkets Market by Country, 2024 - 2031, USD Million
- TABLE 13Asia Pacific Specialty Stores Market by Country, 2020 - 2023, USD Million
- TABLE 14Asia Pacific Specialty Stores Market by Country, 2024 - 2031, USD Million
- TABLE 15Asia Pacific Convenience Stores Market by Country, 2020 - 2023, USD Million
- TABLE 16Asia Pacific Convenience Stores Market by Country, 2024 - 2031, USD Million
- TABLE 17Asia Pacific Online Stores Market by Country, 2020 - 2023, USD Million
- TABLE 18Asia Pacific Online Stores Market by Country, 2024 - 2031, USD Million
- TABLE 19Asia Pacific Egg Substitutes Market by Application, 2020 - 2023, USD Million
- TABLE 20Asia Pacific Egg Substitutes Market by Application, 2024 - 2031, USD Million
- TABLE 21Asia Pacific Bakery & Confectionery Market by Country, 2020 - 2023, USD Million
- TABLE 22Asia Pacific Bakery & Confectionery Market by Country, 2024 - 2031, USD Million
- TABLE 23Asia Pacific Dressings & Spreads Market by Country, 2020 - 2023, USD Million
- TABLE 24Asia Pacific Dressings & Spreads Market by Country, 2024 - 2031, USD Million
- TABLE 25Asia Pacific Savories Market by Country, 2020 - 2023, USD Million
- TABLE 26Asia Pacific Savories Market by Country, 2024 - 2031, USD Million
- TABLE 27Asia Pacific Sauces Market by Country, 2020 - 2023, USD Million
- TABLE 28Asia Pacific Sauces Market by Country, 2024 - 2031, USD Million
- TABLE 29Asia Pacific Egg Substitutes Market by Country, 2020 - 2023, USD Million
- TABLE 30Asia Pacific Egg Substitutes Market by Country, 2024 - 2031, USD Million
- TABLE 31China Egg Substitutes Market, 2020 - 2023, USD Million
- TABLE 32China Egg Substitutes Market, 2024 - 2031, USD Million
- TABLE 33China Egg Substitutes Market by Form, 2020 - 2023, USD Million
- TABLE 34China Egg Substitutes Market by Form, 2024 - 2031, USD Million
- TABLE 35China Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
- TABLE 36China Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
- TABLE 37China Egg Substitutes Market by Application, 2020 - 2023, USD Million
- TABLE 38China Egg Substitutes Market by Application, 2024 - 2031, USD Million
- TABLE 39Japan Egg Substitutes Market, 2020 - 2023, USD Million
- TABLE 40Japan Egg Substitutes Market, 2024 - 2031, USD Million
- TABLE 41Japan Egg Substitutes Market by Form, 2020 - 2023, USD Million
- TABLE 42Japan Egg Substitutes Market by Form, 2024 - 2031, USD Million
- TABLE 43Japan Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
- TABLE 44Japan Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
- TABLE 45Japan Egg Substitutes Market by Application, 2020 - 2023, USD Million
- TABLE 46Japan Egg Substitutes Market by Application, 2024 - 2031, USD Million
- TABLE 47India Egg Substitutes Market, 2020 - 2023, USD Million
- TABLE 48India Egg Substitutes Market, 2024 - 2031, USD Million
- TABLE 49India Egg Substitutes Market by Form, 2020 - 2023, USD Million
- TABLE 50India Egg Substitutes Market by Form, 2024 - 2031, USD Million
- TABLE 51India Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
- TABLE 52India Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
- TABLE 53India Egg Substitutes Market by Application, 2020 - 2023, USD Million
- TABLE 54India Egg Substitutes Market by Application, 2024 - 2031, USD Million
- TABLE 55South Korea Egg Substitutes Market, 2020 - 2023, USD Million
- TABLE 56South Korea Egg Substitutes Market, 2024 - 2031, USD Million
- TABLE 57South Korea Egg Substitutes Market by Form, 2020 - 2023, USD Million
- TABLE 58South Korea Egg Substitutes Market by Form, 2024 - 2031, USD Million
- TABLE 59South Korea Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
- TABLE 60South Korea Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
- TABLE 61South Korea Egg Substitutes Market by Application, 2020 - 2023, USD Million
- TABLE 62South Korea Egg Substitutes Market by Application, 2024 - 2031, USD Million
- TABLE 63Singapore Egg Substitutes Market, 2020 - 2023, USD Million
- TABLE 64Singapore Egg Substitutes Market, 2024 - 2031, USD Million
- TABLE 65Singapore Egg Substitutes Market by Form, 2020 - 2023, USD Million
- TABLE 66Singapore Egg Substitutes Market by Form, 2024 - 2031, USD Million
- TABLE 67Singapore Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
- TABLE 68Singapore Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
- TABLE 69Singapore Egg Substitutes Market by Application, 2020 - 2023, USD Million
- TABLE 70Singapore Egg Substitutes Market by Application, 2024 - 2031, USD Million
- TABLE 71Malaysia Egg Substitutes Market, 2020 - 2023, USD Million
- TABLE 72Malaysia Egg Substitutes Market, 2024 - 2031, USD Million
- TABLE 73Malaysia Egg Substitutes Market by Form, 2020 - 2023, USD Million
- TABLE 74Malaysia Egg Substitutes Market by Form, 2024 - 2031, USD Million
- TABLE 75Malaysia Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
- TABLE 76Malaysia Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
- TABLE 77Malaysia Egg Substitutes Market by Application, 2020 - 2023, USD Million
- TABLE 78Malaysia Egg Substitutes Market by Application, 2024 - 2031, USD Million
- TABLE 79Rest of Asia Pacific Egg Substitutes Market, 2020 - 2023, USD Million
- TABLE 80Rest of Asia Pacific Egg Substitutes Market, 2024 - 2031, USD Million
- TABLE 81Rest of Asia Pacific Egg Substitutes Market by Form, 2020 - 2023, USD Million
- TABLE 82Rest of Asia Pacific Egg Substitutes Market by Form, 2024 - 2031, USD Million
- TABLE 83Rest of Asia Pacific Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
- TABLE 84Rest of Asia Pacific Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
- TABLE 85Rest of Asia Pacific Egg Substitutes Market by Application, 2020 - 2023, USD Million
- TABLE 86Rest of Asia Pacific Egg Substitutes Market by Application, 2024 - 2031, USD Million
- TABLE 87Key Information - Fiberstar, Inc.
- TABLE 88Key Information - Florida Food Products, LLC
- TABLE 89Key Information - Glanbia plc
- TABLE 90Key Information - Tate & Lyle PLC
- TABLE 91Key Information - Ingredion Incorporated
- TABLE 92Key Information - Corbion N.V.
- TABLE 93Key information - Arla Foods, Inc.
- TABLE 94Key Information - Kerry Group PLC
- TABLE 95Key Information - MGP Ingredients, Inc.
- TABLE 96Key Information - Cargill, Incorporated
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