Egg Replacement Ingredients Market Will Reach USD 1,152.0 Million by 2022: Meticulous Research®

Dec 17, 2018

Egg Replacement Ingredients Market Size by Type (Dairy Protein, Starch, Algae Flour, Soy Based Products, Others), by Application (Bakery & Confectionary, Mayonnaise & Sauces, Others), by Form (Solid, Liquid), by Source (Plant, Animal) – Global Opportunity Analysis and Industry Forecasts to 2022

London, United Kingdom - December 17, 2018 /MarketersMedia/ —

Egg replacement ingredients market has shown strong growth pattern in recent years majorly due to rising concern over the consumption of animal-based products as many studies have found that it may lead to several undesirable health conditions. This has resulted in the increased demand for the plant-based food ingredients among the general population.

Meticulous Research® in its latest publication on egg replacement ingredients market states that the global egg replacement ingredients market will increase at a CAGR of 5.7% from 2017 to 2022 to reach USD 1,152.0 million by 2022. Wherein, geographically, North America commanded the largest share in this market followed by Europe. The major share of North America is mainly attributed to the popularity of eggs and rapidly growing vegan population.

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The report provides meticulous analysis of global egg replacement ingredients market by segmenting it on the basis of type (dairy protein, starch, algae flour, soy-based products, others), by application (bakery & confectionary, mayonnaise & sauces, others), by form (solid, liquid), by source (plant, animal). Wherein, among type, dairy protein commanded the largest share in this market. The largest share of this market is primarily attributed to a growing preference for is as the egg alternative which can easily be incorporated in the recipes.

The key players analyzed in the global Egg Replacement Ingredients Market are Archer Daniels Midland Company (U.S.), Cargill Inc., (U.S.), MGP Ingredients (U.S.), Nestlé S.A. (Switzerland’s), Corbion Group (Netherlands), E.I. Dupont (U.S.), Ener-G Foods, Inc. (U.S.), Fiberstar, Inc. (U.S.), Florida Food Products LLC (U.S.), Glanbia PLC (Irelands), Ingredion Incorporated (U.S.), Eden Foods, Inc. (U.S.), Organic Valley (OV)(U.S.), and American Soy Products, Inc. (U.S.).

Contact Info:
Name: Viren Shrivastava
Organization: Meticulous Market Research Pvt. Ltd.
Address: Wembley, Middlesex- HA0 4JH, U.K.
Phone: +44-203-868-8738
Website: https://www.meticulousresearch.com/product/egg-replacement-ingredients-market-2022/

Source URL: https://marketersmedia.com/egg-replacement-ingredients-market-will-reach-usd-11520-million-by-2022-meticulous-research/460805

Source: MarketersMedia

Release ID: 460805

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