Aquafaba Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for Aquafaba. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.

Key Insights:

Aquafaba Market Size (2024E): USD 73.6 million
Projected Market Value (2033F): USD 174.9 million
Global Market Growth Rate (CAGR 2024 to 2033): 11.4%

Aquafaba Market - Report Scope:

Aquafaba, the viscous water in which legumes such as chickpeas have been cooked, is gaining traction as a versatile ingredient in vegan and plant-based food products. It serves as an egg substitute in various culinary applications, including baking, beverages, and condiments. The Aquafaba market caters to food manufacturers, restaurants, and home cooks, offering a sustainable alternative to animal-derived ingredients.

Market Growth Drivers:

The global Aquafaba market is driven by several key factors, including the rising adoption of plant-based diets, increasing consumer awareness of sustainability, and the versatility of Aquafaba in culinary applications. Food manufacturers are incorporating Aquafaba into products to cater to the growing demand for vegan alternatives and allergen-free ingredients. Technological advancements in Aquafaba processing and packaging further enhance market growth, ensuring product quality and shelf-life stability.

Market Restraints:

Despite promising growth prospects, the Aquafaba market faces challenges related to supply chain management, variability in Aquafaba quality, and regulatory compliance in different regions. Variations in Aquafaba composition and viscosity can affect product consistency and consumer acceptance, posing challenges for manufacturers aiming for standardized product offerings. Moreover, navigating regulatory frameworks for labeling and allergen declarations requires adherence to stringent guidelines, impacting market entry and operational strategies.

Market Opportunities:

The Aquafaba market presents significant growth opportunities driven by innovation in product formulations, strategic partnerships across the food industry, and expanding distribution channels. The integration of Aquafaba into new product categories beyond traditional applications, such as dairy alternatives and frozen desserts, broadens market scope and stimulates innovation. Investments in research and development, sustainable sourcing practices, and consumer education initiatives are crucial to capitalizing on emerging opportunities and establishing market leadership in the evolving Aquafaba landscape.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the Aquafaba market globally?
Which food categories and applications are driving Aquafaba adoption across different consumer segments?
How are technological advancements reshaping the competitive landscape of the Aquafaba market?
Who are the key players contributing to the Aquafaba market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global Aquafaba market?

Competitive Intelligence and Business Strategy:

Leading players in the global Aquafaba market, including Aquafaba Foods Ltd., Pulsetta Foods Inc., and Nature's Purest Aquafaba, focus on innovation, product differentiation, and strategic alliances to gain a competitive edge. These companies invest in research and development to enhance Aquafaba functionality, nutritional profiles, and sustainability credentials, catering to diverse consumer preferences and market demands. Collaborations with food processors, retailers, and culinary experts facilitate market expansion and promote Aquafaba as a mainstream ingredient in the global food industry.

Key Companies Profiled:

Haden's Aquafaba
Vor Foods
Chickplease
OGGS
SOS Chefs
Saheli
Elmhurst

Segmentation of the Aquafaba Market:

By Form:

Liquid
Power

By Application:

Pancakes
Waffles
Mayonnaise
Meringues
Cookies
Brownies
Dressings
Cocktails

By Packaging Type:

Bottles
Jars
Pouches

By Sales Channel:

Online
Supermarkets/Hypermarkets
Specialty Stores

By End Use:

Bakery & Confectionery
Household Consumption
HoReCa

By Region:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Product Code: PMRREP33343

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics
- 3.1.1. Drivers
- 3.1.2. Restraints
- 3.1.3. Opportunity
- 3.1.4. Trends
3.2. Scenario Forecast
- 3.2.1. Demand in Optimistic Scenario
- 3.2.2. Demand in Likely Scenario
- 3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
- 3.5.1. Supply Side Participants and their Roles
  - 3.5.1.1. Producers
  - 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
  - 3.5.1.3. Wholesalers and Distributors
- 3.5.2. Value Added and Value Created at Node in the Supply Chain
- 3.5.3. List of Raw Material Suppliers
- 3.5.4. List of Existing and Potential Buyer's
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
- 3.7.1. Profit Margin Analysis
- 3.7.2. Wholesalers and Distributors
- 3.7.3. Retailers
3.8. PESTLE and Porter's Analysis
3.9. Regulatory Landscape
- 3.9.1. By Key Regions
- 3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics

4. Global Aquafaba Market Analysis 2019-2023 and Forecast, 2024-2033

4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2019-2023
4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2024-2033
- 4.2.1. Y-o-Y Growth Trend Analysis
- 4.2.2. Absolute $ Opportunity Analysis

5. Global Aquafaba Market Analysis 2019-2023 and Forecast 2024-2033, By Form

5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Form, 2019-2023
5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Form, 2024-2033
- 5.3.1. Liquid
- 5.3.2. Powder
5.4. Y-o-Y Growth Trend Analysis By Form, 2019-2023
5.5. Absolute $ Opportunity Analysis By Form, 2024-2033

6. Global Aquafaba Market Analysis 2019-2023 and Forecast 2024-2033, By Application

6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2019-2023
6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2024-2033
- 6.3.1. Pancakes
- 6.3.2. Waffles
- 6.3.3. Mayonnaise
- 6.3.4. Meringues
- 6.3.5. Cookies
- 6.3.6. Brownies
- 6.3.7. Dressings
- 6.3.8. Cocktails
6.4. Y-o-Y Growth Trend Analysis By Application, 2019-2023
6.5. Absolute $ Opportunity Analysis By Application, 2024-2033

7. Global Aquafaba Market Analysis 2019-2023 and Forecast 2024-2033, By Packaging Type

7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Packaging Type, 2019-2023
7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Packaging Type, 2024-2033
- 7.3.1. Bottles
- 7.3.2. Jars
- 7.3.3. Pouches
7.4. Y-o-Y Growth Trend Analysis By Packaging Type, 2019-2023
7.5. Absolute $ Opportunity Analysis By Packaging Type, 2024-2033

8. Global Aquafaba Market Analysis 2019-2023 and Forecast 2024-2033, By Sales Channel

8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Sales Channel, 2019-2023
8.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Sales Channel, 2024-2033
- 8.3.1. Online Sales
- 8.3.2. Supermarkets/Hypermarkets
- 8.3.3. Specialty Stores
8.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2019-2023
8.5. Absolute $ Opportunity Analysis By Sales Channel, 2024-2033

9. Global Aquafaba Market Analysis 2019-2023 and Forecast 2024-2033, By End Use

9.1. Introduction / Key Findings
9.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End Use, 2019-2023
9.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End Use, 2024-2033
- 9.3.1. Bakery & Confectionery
- 9.3.2. Household Consumption
- 9.3.3. HoReCa
9.4. Y-o-Y Growth Trend Analysis By End Use, 2019-2023
9.5. Absolute $ Opportunity Analysis By End Use, 2024-2033

10. Global Aquafaba Market Analysis 2019-2023 and Forecast 2024-2033, By Region

10.1. Introduction
10.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2019-2023
10.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2024-2033
- 10.3.1. North America
- 10.3.2. Latin America
- 10.3.3. Europe
- 10.3.4. Asia Pacific
- 10.3.5. MEA
10.4. Market Attractiveness Analysis By Region

11. North America Aquafaba Market Analysis 2019-2023 and Forecast 2024-2033, By Country

11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019-2023
11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024-2033
- 11.2.1. By Country
  - 11.2.1.1. U.S.
  - 11.2.1.2. Canada
- 11.2.2. By Form
- 11.2.3. By Application
- 11.2.4. By Packaging Type
- 11.2.5. By Sales Channel
- 11.2.6. By End Use
11.3. Market Attractiveness Analysis
- 11.3.1. By Country
- 11.3.2. By Form
- 11.3.3. By Application
- 11.3.4. By Packaging Type
- 11.3.5. By Sales Channel
- 11.3.6. By End Use
11.4. Key Takeaways

12. Latin America Aquafaba Market Analysis 2019-2023 and Forecast 2024-2033, By Country

12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019-2023
12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024-2033
- 12.2.1. By Country
  - 12.2.1.1. Brazil
  - 12.2.1.2. Mexico
  - 12.2.1.3. Rest of Latin America
- 12.2.2. By Form
- 12.2.3. By Application
- 12.2.4. By Packaging Type
- 12.2.5. By Sales Channel
- 12.2.6. By End Use
12.3. Market Attractiveness Analysis
- 12.3.1. By Country
- 12.3.2. By Form
- 12.3.3. By Application
- 12.3.4. By Packaging Type
- 12.3.5. By Sales Channel
- 12.3.6. By End Use
12.4. Key Takeaways

13. Europe Aquafaba Market Analysis 2019-2023 and Forecast 2024-2033, By Country

13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019-2023
13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024-2033
- 13.2.1. By Country
  - 13.2.1.1. Germany
  - 13.2.1.2. U.K.
  - 13.2.1.3. France
  - 13.2.1.4. Spain
  - 13.2.1.5. Italy
  - 13.2.1.6. Rest of Europe
- 13.2.2. By Form
- 13.2.3. By Application
- 13.2.4. By Packaging Type
- 13.2.5. By Sales Channel
- 13.2.6. By End Use
13.3. Market Attractiveness Analysis
- 13.3.1. By Country
- 13.3.2. By Form
- 13.3.3. By Application
- 13.3.4. By Packaging Type
- 13.3.5. By Sales Channel
- 13.3.6. By End Use
13.4. Key Takeaways

14. Asia Pacific Aquafaba Market Analysis 2019-2023 and Forecast 2024-2033, By Country

14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019-2023
14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024-2033
- 14.2.1. By Country
  - 14.2.1.1. China
  - 14.2.1.2. Japan
  - 14.2.1.3. South Korea
  - 14.2.1.4. Singapore
  - 14.2.1.5. Thailand
  - 14.2.1.6. Indonesia
  - 14.2.1.7. Australia
  - 14.2.1.8. New Zealand
  - 14.2.1.9. Rest of Asia Pacific
- 14.2.2. By Form
- 14.2.3. By Application
- 14.2.4. By Packaging Type
- 14.2.5. By Sales Channel
- 14.2.6. By End Use
14.3. Market Attractiveness Analysis
- 14.3.1. By Country
- 14.3.2. By Form
- 14.3.3. By Application
- 14.3.4. By Packaging Type
- 14.3.5. By Sales Channel
- 14.3.6. By End Use
14.4. Key Takeaways

15. MEA Aquafaba Market Analysis 2019-2023 and Forecast 2024-2033, By Country

15.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019-2023
15.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024-2033
- 15.2.1. By Country
  - 15.2.1.1. GCC Countries
  - 15.2.1.2. South Africa
  - 15.2.1.3. Israel
  - 15.2.1.4. Rest of MEA
- 15.2.2. By Form
- 15.2.3. By Application
- 15.2.4. By Packaging Type
- 15.2.5. By Sales Channel
- 15.2.6. By End Use
15.3. Market Attractiveness Analysis
- 15.3.1. By Country
- 15.3.2. By Form
- 15.3.3. By Application
- 15.3.4. By Packaging Type
- 15.3.5. By Sales Channel
- 15.3.6. By End Use
15.4. Key Takeaways

16. Key Countries Aquafaba Market Analysis

16.1. U.S.
- 16.1.1. Pricing Analysis
- 16.1.2. Market Share Analysis, 2024
  - 16.1.2.1. By Form
  - 16.1.2.2. By Application
  - 16.1.2.3. By Packaging Type
  - 16.1.2.4. By Sales Channel
  - 16.1.2.5. By End Use
16.2. Canada
- 16.2.1. Pricing Analysis
- 16.2.2. Market Share Analysis, 2024
  - 16.2.2.1. By Form
  - 16.2.2.2. By Application
  - 16.2.2.3. By Packaging Type
  - 16.2.2.4. By Sales Channel
  - 16.2.2.5. By End Use
16.3. Brazil
- 16.3.1. Pricing Analysis
- 16.3.2. Market Share Analysis, 2024
  - 16.3.2.1. By Form
  - 16.3.2.2. By Application
  - 16.3.2.3. By Packaging Type
  - 16.3.2.4. By Sales Channel
  - 16.3.2.5. By End Use
16.4. Mexico
- 16.4.1. Pricing Analysis
- 16.4.2. Market Share Analysis, 2024
  - 16.4.2.1. By Form
  - 16.4.2.2. By Application
  - 16.4.2.3. By Packaging Type
  - 16.4.2.4. By Sales Channel
  - 16.4.2.5. By End Use
16.5. Germany
- 16.5.1. Pricing Analysis
- 16.5.2. Market Share Analysis, 2024
  - 16.5.2.1. By Form
  - 16.5.2.2. By Application
  - 16.5.2.3. By Packaging Type
  - 16.5.2.4. By Sales Channel
  - 16.5.2.5. By End Use
16.6. U.K.
- 16.6.1. Pricing Analysis
- 16.6.2. Market Share Analysis, 2024
  - 16.6.2.1. By Form
  - 16.6.2.2. By Application
  - 16.6.2.3. By Packaging Type
  - 16.6.2.4. By Sales Channel
  - 16.6.2.5. By End Use
16.7. France
- 16.7.1. Pricing Analysis
- 16.7.2. Market Share Analysis, 2024
  - 16.7.2.1. By Form
  - 16.7.2.2. By Application
  - 16.7.2.3. By Packaging Type
  - 16.7.2.4. By Sales Channel
  - 16.7.2.5. By End Use
16.8. Spain
- 16.8.1. Pricing Analysis
- 16.8.2. Market Share Analysis, 2024
  - 16.8.2.1. By Form
  - 16.8.2.2. By Application
  - 16.8.2.3. By Packaging Type
  - 16.8.2.4. By Sales Channel
  - 16.8.2.5. By End Use
16.9. Italy
- 16.9.1. Pricing Analysis
- 16.9.2. Market Share Analysis, 2024
  - 16.9.2.1. By Form
  - 16.9.2.2. By Application
  - 16.9.2.3. By Packaging Type
  - 16.9.2.4. By Sales Channel
  - 16.9.2.5. By End Use
16.10. China
- 16.10.1. Pricing Analysis
- 16.10.2. Market Share Analysis, 2024
  - 16.10.2.1. By Form
  - 16.10.2.2. By Application
  - 16.10.2.3. By Packaging Type
  - 16.10.2.4. By Sales Channel
  - 16.10.2.5. By End Use
16.11. Japan
- 16.11.1. Pricing Analysis
- 16.11.2. Market Share Analysis, 2024
  - 16.11.2.1. By Form
  - 16.11.2.2. By Application
  - 16.11.2.3. By Packaging Type
  - 16.11.2.4. By Sales Channel
  - 16.11.2.5. By End Use
16.12. South Korea
- 16.12.1. Pricing Analysis
- 16.12.2. Market Share Analysis, 2024
  - 16.12.2.1. By Form
  - 16.12.2.2. By Application
  - 16.12.2.3. By Packaging Type
  - 16.12.2.4. By Sales Channel
  - 16.12.2.5. By End Use
16.13. Singapore
- 16.13.1. Pricing Analysis
- 16.13.2. Market Share Analysis, 2024
  - 16.13.2.1. By Form
  - 16.13.2.2. By Application
  - 16.13.2.3. By Packaging Type
  - 16.13.2.4. By Sales Channel
  - 16.13.2.5. By End Use
16.14. Thailand
- 16.14.1. Pricing Analysis
- 16.14.2. Market Share Analysis, 2024
  - 16.14.2.1. By Form
  - 16.14.2.2. By Application
  - 16.14.2.3. By Packaging Type
  - 16.14.2.4. By Sales Channel
  - 16.14.2.5. By End Use
16.15. Indonesia
- 16.15.1. Pricing Analysis
- 16.15.2. Market Share Analysis, 2024
  - 16.15.2.1. By Form
  - 16.15.2.2. By Application
  - 16.15.2.3. By Packaging Type
  - 16.15.2.4. By Sales Channel
  - 16.15.2.5. By End Use
16.16. Australia
- 16.16.1. Pricing Analysis
- 16.16.2. Market Share Analysis, 2024
  - 16.16.2.1. By Form
  - 16.16.2.2. By Application
  - 16.16.2.3. By Packaging Type
  - 16.16.2.4. By Sales Channel
  - 16.16.2.5. By End Use
16.17. New Zealand
- 16.17.1. Pricing Analysis
- 16.17.2. Market Share Analysis, 2024
  - 16.17.2.1. By Form
  - 16.17.2.2. By Application
  - 16.17.2.3. By Packaging Type
  - 16.17.2.4. By Sales Channel
  - 16.17.2.5. By End Use
16.18. GCC Countries
- 16.18.1. Pricing Analysis
- 16.18.2. Market Share Analysis, 2024
  - 16.18.2.1. By Form
  - 16.18.2.2. By Application
  - 16.18.2.3. By Packaging Type
  - 16.18.2.4. By Sales Channel
  - 16.18.2.5. By End Use
16.19. South Africa
- 16.19.1. Pricing Analysis
- 16.19.2. Market Share Analysis, 2024
  - 16.19.2.1. By Form
  - 16.19.2.2. By Application
  - 16.19.2.3. By Packaging Type
  - 16.19.2.4. By Sales Channel
  - 16.19.2.5. By End Use
16.20. Israel
- 16.20.1. Pricing Analysis
- 16.20.2. Market Share Analysis, 2024
  - 16.20.2.1. By Form
  - 16.20.2.2. By Application
  - 16.20.2.3. By Packaging Type
  - 16.20.2.4. By Sales Channel
  - 16.20.2.5. By End Use

17. Market Structure Analysis

17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
- 17.3.1. By Regional
- 17.3.2. By Form
- 17.3.3. By Application
- 17.3.4. By Packaging Type
- 17.3.5. By Sales Channel
- 17.3.6. By End Use

18. Competition Analysis

18.1. Competition Deep Dive
- 18.1.1. Haden's Aquafaba
  - 18.1.1.1. Overview
  - 18.1.1.2. Product Portfolio
  - 18.1.1.3. Profitability by Market Segments
  - 18.1.1.4. Sales Footprint
  - 18.1.1.5. Strategy Overview
    - 18.1.1.5.1. Marketing Strategy
    - 18.1.1.5.2. Product Strategy
    - 18.1.1.5.3. Channel Strategy
- 18.1.2. Vor Foods
  - 18.1.2.1. Overview
  - 18.1.2.2. Product Portfolio
  - 18.1.2.3. Profitability by Market Segments
  - 18.1.2.4. Sales Footprint
  - 18.1.2.5. Strategy Overview
    - 18.1.2.5.1. Marketing Strategy
    - 18.1.2.5.2. Product Strategy
    - 18.1.2.5.3. Channel Strategy
- 18.1.3. Chickplease
  - 18.1.3.1. Overview
  - 18.1.3.2. Product Portfolio
  - 18.1.3.3. Profitability by Market Segments
  - 18.1.3.4. Sales Footprint
  - 18.1.3.5. Strategy Overview
    - 18.1.3.5.1. Marketing Strategy
    - 18.1.3.5.2. Product Strategy
    - 18.1.3.5.3. Channel Strategy
- 18.1.4. OGGS (Alternative Foods)
  - 18.1.4.1. Overview
  - 18.1.4.2. Product Portfolio
  - 18.1.4.3. Profitability by Market Segments
  - 18.1.4.4. Sales Footprint
  - 18.1.4.5. Strategy Overview
    - 18.1.4.5.1. Marketing Strategy
    - 18.1.4.5.2. Product Strategy
    - 18.1.4.5.3. Channel Strategy
- 18.1.5. SOS Chefs
  - 18.1.5.1. Overview
  - 18.1.5.2. Product Portfolio
  - 18.1.5.3. Profitability by Market Segments
  - 18.1.5.4. Sales Footprint
  - 18.1.5.5. Strategy Overview
    - 18.1.5.5.1. Marketing Strategy
    - 18.1.5.5.2. Product Strategy
    - 18.1.5.5.3. Channel Strategy
- 18.1.6. Saheli
  - 18.1.6.1. Overview
  - 18.1.6.2. Product Portfolio
  - 18.1.6.3. Profitability by Market Segments
  - 18.1.6.4. Sales Footprint
  - 18.1.6.5. Strategy Overview
    - 18.1.6.5.1. Marketing Strategy
    - 18.1.6.5.2. Product Strategy
    - 18.1.6.5.3. Channel Strategy
- 18.1.7. Elmhurst
  - 18.1.7.1. Overview
  - 18.1.7.2. Product Portfolio
  - 18.1.7.3. Profitability by Market Segments
  - 18.1.7.4. Sales Footprint
  - 18.1.7.5. Strategy Overview
    - 18.1.7.5.1. Marketing Strategy
    - 18.1.7.5.2. Product Strategy
    - 18.1.7.5.3. Channel Strategy