The report is titled as ‘Egg Replacement Ingredients Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Egg Replacement Ingredients market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Egg Replacement Ingredients market is expected to grow with significant rate in the near future.
The egg replacement ingredients market is estimated to reach at a value of US$ 1,170.2 Mn by the end of 2022 and expected to reach at a value of US$ 1,863.1 Mn by 2030 with a significant CAGR of 6.0%.
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Egg Replacement Ingredients Introduction
We all are acutely aware that eggs are amazingly healthy and multifaceted, which makes them a well-known food for the significant part of the population all around the world. They are exceptionally regular in baking, where almost every recipe asks for them. Having said that, for various reasons, some people avoid eggs, including egg allergy, vegan diet and many more. Fortunately, in present times, there are abundant replacements one can use as an alternative.
Egg replacement ingredients can be basically perceived as the perfect replacement for eggs and are comprehensively employed to take the place of egg content in the food. These egg replacement ingredients lessen the egg content without impacting the nutritional value and taste of the food products. They are developed from several different constituents such as modified food starch, milk, and much more.
These ingredients are extensively used across cookies & biscuits, chocolate, cakes, pastries, noodles, pastas & bread, and mayonnaise. In addition to that, they are also utilized in spreads, savories, and dressings. The egg replacement ingredients are a low-cholesterol or low-fat substitute to whole eggs and are idealistic for the consumers who do not want to consume meat and choose plant-based products. Owing to which, the global egg replacement ingredient market is projected to rise significantly in the following years.
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Egg Replacement Ingredients Market Segmentation
The global egg replacement ingredients market is segmented on the basis of ingredients, application, form, end use, and region.
- Algal flours
- Himalayan black salt
- Soy Products
- Legume proteins, flours, and aquafaba
- Cereal proteins
- Flax and chia seeds
- Vegetable Oils
- Biscuits & Cookies
- Noodles & Pasta
By End Use
- Large Scale Food Manufacturers
- Small Scale Food Manufacturers
- North America
- Latin America
- Asia Pacific
- Middle East
Egg Replacement Ingredients Market Key Players
Some of the key participating players in global Egg Replacement Ingredients market are:
- Corbion N.V.
- Archer Daniels Midland
- Manildra Group USA
- MGP Ingredients
- Sensient Technologies
- Bell Flavors & Fragrances
- Target Flavors
- Grain Millers
- TIC Gums
- BI Nutraceuticals
- World Food Processing
- AEP Colloids
- CP Kelco
- FMC Corporation
- Ingredient Solutions
- Tate & Lyle
- Grain Millers
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