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Global Egg Replacement Ingredients Market 2019-2023

  • Published: Oct 2018
  • Pages: 111
  • SKU: IRTNTR30052
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The global egg replacement ingredients market size will grow by USD 320.55 million during 2019-2023. This report offers an analysis of the market based on product (dairy, starches, soy-based, and others), application (bakery and confectionary, mayonnaise, and others, and geography (the Americas, APAC, and EMEA). The egg replacement ingredients market research report further analyzes the market’s competitive landscape and offers information on several companies including Archer Daniels Midland, Cargill, DowDuPont, Glanbia, and Ingredion.

Below are some of the key findings from the egg replacement ingredients market research report

Egg Replacement Ingredients Market

 

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Global egg replacement ingredients industry overview

The growth in the vegan population is one of the key factors expected to trigger the egg replacement ingredients market growth in the forthcoming years. Rising health concerns are encouraging consumers toward veganism, which is the practice of refraining from the use of animal products as a part of their diet. There is a growing perception that abstaining from the consumption of animal-based products will improve health by reducing the risk of chronic ailments including cancer and heart disease. Such rising awareness about preventive healthcare has increased the popularity of egg replacement ingredients or substitutes including baking powder, soy flour, flaxseeds, and aquafaba. Furthermore, with the rising adoption of vegan food products across restaurants and eateries, the demand for egg replacement ingredients is expected to rise. This drives the market growth rate, which is projected to register a CAGR of close to 6% during the forecast period.

The continual development of new products is one of the key trends expected to gain prominence in the market. Vendors in the market are regularly developing innovative products by investing significantly in the R&D for offering product differentiation to sustain in the market. The market players are using egg replacement ingredients to help vegan food companies for creating baked items without using eggs or artificial ingredients. Such rapid development of innovative products will further boost the egg replacement ingredients market growth in the forthcoming years.

Top egg replacement ingredients companies covered in this market research report

The egg replacement ingredients market is moderately fragmented with companies focusing on launching new products for catering to the evolving end-user requirements. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this egg replacement ingredients industry analysis report is designed to aid clients identify and build innovative strategies for strengthening their position in the market.

The report offers a complete analysis of various companies including:

  • Archer Daniels Midland
  • Cargill
  • DowDuPont
  • Glanbia
  • Ingredion

Egg replacement ingredients market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

The Americas will account for the highest egg replacement ingredients market revenue throughout the forecast period. The EMEA region, however, will witness the fastest growth in the market due to the growing popularity of veganism in economies including the UK, Germany, France, Italy, and Spain.

Egg replacement ingredients market segmentation based on product

  • Dairy
  • Starches
  • Soy-based
  • Others

The dairy segment will account for the highest egg replacement ingredients market growth during the forecast period. Additionally, the report will also provide an accurate prediction of the contribution of the various product segments to the growth of the egg replacement ingredients market size.

Key highlights of the global egg replacement ingredients market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the egg replacement ingredients market during the next five years
  • Precise estimation of the global egg replacement ingredients market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the egg replacement ingredients industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of the egg replacement ingredients companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

·         Market ecosystem

·         Market characteristics

·         Market segmentation analysis

PART 04: MARKET SIZING

·         Market definition

·         Market sizing 2018

·         Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

·         Bargaining power of buyers

·         Bargaining power of suppliers

·         Threat of new entrants

·         Threat of substitutes

·         Threat of rivalry

·         Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

·         Market segmentation by product

·         Comparison by product

·         Dairy - Market size and forecast 2018-2023

·         Starches - Market size and forecast 2018-2023

·         Soy-based - Market size and forecast 2018-2023

·         Others - Market size and forecast 2018-2023

·         Market opportunity by product

PART 07: MARKET SEGMENTATION BY APPLICATION

·         Segmentation by application

PART 08: CUSTOMER LANDSCAPE

PART 09: GEOGRAPHIC LANDSCAPE

·         Geographic segmentation

·         Geographic comparison

·         Americas - Market size and forecast 2018-2023

·         EMEA - Market size and forecast 2018-2023

·         APAC - Market size and forecast 2018-2023

·         Key leading countries

·         Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

·         Market drivers

·         Market challenges

PART 12: MARKET TRENDS

·         Continual development of new products

·         Rise in availability of egg replacement ingredients with advanced capabilities

·         Growing popularity of clean label egg replacement ingredients

PART 13: VENDOR LANDSCAPE

·         Overview

·         Landscape disruption

PART 14: VENDOR ANALYSIS

·         Vendors covered

·         Vendor classification

·         Market positioning of vendors

·         Archer Daniels Midland

·         Cargill

·         DowDuPont

·         Glanbia

·         Ingredion

PART 15: APPENDIX

·         Research methodology

·         List of abbreviations

PART 16: EXPLORE TECHNAVIO

 

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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