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PUBLISHER: KBV Research | PRODUCT CODE: 1483644
PUBLISHER: KBV Research | PRODUCT CODE: 1483644
LAMEA 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 Latin America, Middle East and Africa Egg Substitutes Market would witness market growth of 19.2% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Egg Substitutes Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $77.3 million by 2031. The Argentina market is showcasing a CAGR of 19.7% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 18.8% during (2024 - 2031).
Egg substitutes are alternatives used in cooking and baking to replace eggs, either partially or entirely, in recipes. These substitutes are particularly beneficial for individuals with dietary restrictions, allergies, ethical considerations, and those following vegan or vegetarian lifestyles. These substitutes come in various forms and are made from different ingredients, each offering unique properties and functionalities.
Moreover, the market has emerged as a dynamic and rapidly growing segment within the food industry, driven by shifting consumer preferences, technological innovations, and sustainability considerations. Eggs have long been a staple ingredient in various culinary applications, renowned for their versatility, nutritional value, and functional properties. However, changing dietary patterns, health concerns, environmental awareness, and ethical considerations have prompted a surge in demand for alternatives to traditional eggs. This has catalyzed the development and expansion of the market, encompassing a diverse range of products and solutions catering to a broad spectrum of consumer needs and preferences.
The expanding e-commerce sector in Saudi Arabia has created new opportunities for companies in the market to reach a wider audience and cater to the growing demand for alternative food products. Restaurants and food service providers are responding to this demand by incorporating egg substitutes into their menus to offer unique and appealing dishes to their customers. Therefore, the region will present lucrative growth prospects for 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
LAMEA 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1LAMEA Egg Substitutes Market, by Form
- 1.4.2LAMEA Egg Substitutes Market, by Distribution Channel
- 1.4.3LAMEA Egg Substitutes Market, by Application
- 1.4.4LAMEA 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.LAMEA Egg Substitutes Market by Form
- 4.1LAMEA Dry Market by Country
- 4.2LAMEA Liquid Market by Country
Chapter 5.LAMEA Egg Substitutes Market by Distribution Channel
- 5.1LAMEA Hypermarkets & Supermarkets Market by Country
- 5.2LAMEA Specialty Stores Market by Country
- 5.3LAMEA Convenience Stores Market by Country
- 5.4LAMEA Online Stores Market by Country
Chapter 6.LAMEA Egg Substitutes Market by Application
- 6.1LAMEA Bakery & Confectionery Market by Country
- 6.2LAMEA Dressings & Spreads Market by Country
- 6.3LAMEA Savories Market by Country
- 6.4LAMEA Sauces Market by Country
Chapter 7.LAMEA Egg Substitutes Market by Country
- 7.1Brazil Egg Substitutes Market
- 7.1.1Brazil Egg Substitutes Market by Form
- 7.1.2Brazil Egg Substitutes Market by Distribution Channel
- 7.1.3Brazil Egg Substitutes Market by Application
- 7.2Argentina Egg Substitutes Market
- 7.2.1Argentina Egg Substitutes Market by Form
- 7.2.2Argentina Egg Substitutes Market by Distribution Channel
- 7.2.3Argentina Egg Substitutes Market by Application
- 7.3UAE Egg Substitutes Market
- 7.3.1UAE Egg Substitutes Market by Form
- 7.3.2UAE Egg Substitutes Market by Distribution Channel
- 7.3.3UAE Egg Substitutes Market by Application
- 7.4Saudi Arabia Egg Substitutes Market
- 7.4.1Saudi Arabia Egg Substitutes Market by Form
- 7.4.2Saudi Arabia Egg Substitutes Market by Distribution Channel
- 7.4.3Saudi Arabia Egg Substitutes Market by Application
- 7.5South Africa Egg Substitutes Market
- 7.5.1South Africa Egg Substitutes Market by Form
- 7.5.2South Africa Egg Substitutes Market by Distribution Channel
- 7.5.3South Africa Egg Substitutes Market by Application
- 7.6Nigeria Egg Substitutes Market
- 7.6.1Nigeria Egg Substitutes Market by Form
- 7.6.2Nigeria Egg Substitutes Market by Distribution Channel
- 7.6.3Nigeria Egg Substitutes Market by Application
- 7.7Rest of LAMEA Egg Substitutes Market
- 7.7.1Rest of LAMEA Egg Substitutes Market by Form
- 7.7.2Rest of LAMEA Egg Substitutes Market by Distribution Channel
- 7.7.3Rest of LAMEA 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 1LAMEA Egg Substitutes Market, 2020 - 2023, USD Million
- TABLE 2LAMEA Egg Substitutes Market, 2024 - 2031, USD Million
- TABLE 3LAMEA Egg Substitutes Market by Form, 2020 - 2023, USD Million
- TABLE 4LAMEA Egg Substitutes Market by Form, 2024 - 2031, USD Million
- TABLE 5LAMEA Dry Market by Country, 2020 - 2023, USD Million
- TABLE 6LAMEA Dry Market by Country, 2024 - 2031, USD Million
- TABLE 7LAMEA Liquid Market by Country, 2020 - 2023, USD Million
- TABLE 8LAMEA Liquid Market by Country, 2024 - 2031, USD Million
- TABLE 9LAMEA Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
- TABLE 10LAMEA Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
- TABLE 11LAMEA Hypermarkets & Supermarkets Market by Country, 2020 - 2023, USD Million
- TABLE 12LAMEA Hypermarkets & Supermarkets Market by Country, 2024 - 2031, USD Million
- TABLE 13LAMEA Specialty Stores Market by Country, 2020 - 2023, USD Million
- TABLE 14LAMEA Specialty Stores Market by Country, 2024 - 2031, USD Million
- TABLE 15LAMEA Convenience Stores Market by Country, 2020 - 2023, USD Million
- TABLE 16LAMEA Convenience Stores Market by Country, 2024 - 2031, USD Million
- TABLE 17LAMEA Online Stores Market by Country, 2020 - 2023, USD Million
- TABLE 18LAMEA Online Stores Market by Country, 2024 - 2031, USD Million
- TABLE 19LAMEA Egg Substitutes Market by Application, 2020 - 2023, USD Million
- TABLE 20LAMEA Egg Substitutes Market by Application, 2024 - 2031, USD Million
- TABLE 21LAMEA Bakery & Confectionery Market by Country, 2020 - 2023, USD Million
- TABLE 22LAMEA Bakery & Confectionery Market by Country, 2024 - 2031, USD Million
- TABLE 23LAMEA Dressings & Spreads Market by Country, 2020 - 2023, USD Million
- TABLE 24LAMEA Dressings & Spreads Market by Country, 2024 - 2031, USD Million
- TABLE 25LAMEA Savories Market by Country, 2020 - 2023, USD Million
- TABLE 26LAMEA Savories Market by Country, 2024 - 2031, USD Million
- TABLE 27LAMEA Sauces Market by Country, 2020 - 2023, USD Million
- TABLE 28LAMEA Sauces Market by Country, 2024 - 2031, USD Million
- TABLE 29LAMEA Egg Substitutes Market by Country, 2020 - 2023, USD Million
- TABLE 30LAMEA Egg Substitutes Market by Country, 2024 - 2031, USD Million
- TABLE 31Brazil Egg Substitutes Market, 2020 - 2023, USD Million
- TABLE 32Brazil Egg Substitutes Market, 2024 - 2031, USD Million
- TABLE 33Brazil Egg Substitutes Market by Form, 2020 - 2023, USD Million
- TABLE 34Brazil Egg Substitutes Market by Form, 2024 - 2031, USD Million
- TABLE 35Brazil Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
- TABLE 36Brazil Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
- TABLE 37Brazil Egg Substitutes Market by Application, 2020 - 2023, USD Million
- TABLE 38Brazil Egg Substitutes Market by Application, 2024 - 2031, USD Million
- TABLE 39Argentina Egg Substitutes Market, 2020 - 2023, USD Million
- TABLE 40Argentina Egg Substitutes Market, 2024 - 2031, USD Million
- TABLE 41Argentina Egg Substitutes Market by Form, 2020 - 2023, USD Million
- TABLE 42Argentina Egg Substitutes Market by Form, 2024 - 2031, USD Million
- TABLE 43Argentina Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
- TABLE 44Argentina Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
- TABLE 45Argentina Egg Substitutes Market by Application, 2020 - 2023, USD Million
- TABLE 46Argentina Egg Substitutes Market by Application, 2024 - 2031, USD Million
- TABLE 47UAE Egg Substitutes Market, 2020 - 2023, USD Million
- TABLE 48UAE Egg Substitutes Market, 2024 - 2031, USD Million
- TABLE 49UAE Egg Substitutes Market by Form, 2020 - 2023, USD Million
- TABLE 50UAE Egg Substitutes Market by Form, 2024 - 2031, USD Million
- TABLE 51UAE Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
- TABLE 52UAE Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
- TABLE 53UAE Egg Substitutes Market by Application, 2020 - 2023, USD Million
- TABLE 54UAE Egg Substitutes Market by Application, 2024 - 2031, USD Million
- TABLE 55Saudi Arabia Egg Substitutes Market, 2020 - 2023, USD Million
- TABLE 56Saudi Arabia Egg Substitutes Market, 2024 - 2031, USD Million
- TABLE 57Saudi Arabia Egg Substitutes Market by Form, 2020 - 2023, USD Million
- TABLE 58Saudi Arabia Egg Substitutes Market by Form, 2024 - 2031, USD Million
- TABLE 59Saudi Arabia Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
- TABLE 60Saudi Arabia Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
- TABLE 61Saudi Arabia Egg Substitutes Market by Application, 2020 - 2023, USD Million
- TABLE 62Saudi Arabia Egg Substitutes Market by Application, 2024 - 2031, USD Million
- TABLE 63South Africa Egg Substitutes Market, 2020 - 2023, USD Million
- TABLE 64South Africa Egg Substitutes Market, 2024 - 2031, USD Million
- TABLE 65South Africa Egg Substitutes Market by Form, 2020 - 2023, USD Million
- TABLE 66South Africa Egg Substitutes Market by Form, 2024 - 2031, USD Million
- TABLE 67South Africa Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
- TABLE 68South Africa Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
- TABLE 69South Africa Egg Substitutes Market by Application, 2020 - 2023, USD Million
- TABLE 70South Africa Egg Substitutes Market by Application, 2024 - 2031, USD Million
- TABLE 71Nigeria Egg Substitutes Market, 2020 - 2023, USD Million
- TABLE 72Nigeria Egg Substitutes Market, 2024 - 2031, USD Million
- TABLE 73Nigeria Egg Substitutes Market by Form, 2020 - 2023, USD Million
- TABLE 74Nigeria Egg Substitutes Market by Form, 2024 - 2031, USD Million
- TABLE 75Nigeria Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
- TABLE 76Nigeria Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
- TABLE 77Nigeria Egg Substitutes Market by Application, 2020 - 2023, USD Million
- TABLE 78Nigeria Egg Substitutes Market by Application, 2024 - 2031, USD Million
- TABLE 79Rest of LAMEA Egg Substitutes Market, 2020 - 2023, USD Million
- TABLE 80Rest of LAMEA Egg Substitutes Market, 2024 - 2031, USD Million
- TABLE 81Rest of LAMEA Egg Substitutes Market by Form, 2020 - 2023, USD Million
- TABLE 82Rest of LAMEA Egg Substitutes Market by Form, 2024 - 2031, USD Million
- TABLE 83Rest of LAMEA Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
- TABLE 84Rest of LAMEA Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
- TABLE 85Rest of LAMEA Egg Substitutes Market by Application, 2020 - 2023, USD Million
- TABLE 86Rest of LAMEA 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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