Eggs are a good source of protein and are very energy-dense with nutrients. Nowadays, people are becoming more aware of the health benefits of protein-rich foods which is expected to boost their demand in the market.
Data Bridge Market Research analyzes that the Europe animal based eggs market is expected to reach USD 46,428.86 million by 2031 from USD 46,428.86 million in 2023, growing with a substantial CAGR of 5.0% during the forecast period of 2023 to 2031.
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The Europe Plant-Based Eggs Market segment is expected to reach USD 2,034.51 million by 2031, from USD 105.61 million in 2023, growing with a CAGR of 44.3% in the forecast period of 2024 to 2031.
Key Findings of the Study
- Increasing Vegan, Vegetarian, and Flexitarian Population
Consumers demand for plant-based and vegan food products has been rising rapidly. The increasing health awareness and environmental benefits of plant-based diets have led consumers to shift towards vegan options. Consumers preferring vegan substitutes and plant-based egg products are likely to drive the demand in Europe eggs market. The increased access to such vegan egg alternatives in the form of powder and liquid has been attracting consumers who are prospecting for the adoption of flexitarian or vegan lifestyles.
The favorable outlook towards veganism in Europe is expected to play a key role in promoting the scope of animal-based alternative product forms such as vegan meat, plant-based milk and plant-based eggs. Therefore, plant-based eggs are expected to gain momentum among consumers who are following a flexitarian diet and adopting a vegan lifestyle.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Million and Volume in Thousand Units
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Segments Covered
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Plant-Based Eggs Market, By Type (Full Egg, Egg Yolk, and White Egg), Form (Liquid and Powder), Base Ingredient (Mung Beans, Garbanzo Beans, Pea, Soy Flour, Starch, Algal Flour, Chia Seeds, Wheat Flour, and Others), Function (Full Egg Replacement, Egg Wash Substitute, Partial Egg Replacement), Application (Breakfast Application, Homemade Bakery Applications, and Others), Packaging Type (Bottles, Pouches, and Tetra Packs), Category (Organic and Conventional), End User (Retail/Household and Food Service Sectors), Distribution Channel (Store Based Retailer and Non-Store Retailer (Online))
Animal-Based Eggs Market, By Type (Shell Egg and Processed Eggs), Source (Chicken, Duck, and Others), Packaging Type (Trays, Boxes & Carton, and Bottles), Category (Organic and Conventional), End User (Retail/Household and Food Service Sectors), Distribution Channel (Store Based Retailer and Non-Store Retailer (Online))
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Countries Covered
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Germany, Belgium, France, Spain, Italy, U.K., Netherlands, and Rest of Europe
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Market Players Covered
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Eat Just, Inc. (U.S.), Alternative Foods (England), Crackd (U.K.), Noble Foods (U.K.), EUREDEN (France), Charoen Pokphand Foods PCL (Thailand), Agroholding Avangard (Ukraine), Neggsty Foods GmbH (Germany), PLANT B (Netherlands), Perfeggt (Germany), Farmers Eggs (Slovakia), JSC Sinyavinskaya Poultry Farm (Russia), CULTURED FOODS (Poland), Follow Your Heart (U.S.), Van Beek Group (Netherlands), Veronesi Holding S.p.A. (Italy), TM Ovostar (Ukraine), Groward Group (Lithuania), SKM BEST EGGS (India), and Rembrandt Foods (U.S.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis
The Europe plant-based eggs market is segmented into nine notable segments based on type, form, base ingredient, function, application, packaging type, category, end user, and distribution channel.
- On the basis of type, the market is segmented into full egg, egg yolk, white egg
In 2024, the full egg segment is expected to dominate the Europe eggs market
In 2024, the full egg segment is expected to dominate the market with a market share of 96.91% due to higher production volumes, lower prices, and wider distribution networks.
- On the basis of form, the market is segmented into liquid and powder
In 2024, the liquid segment is expected to dominate the Europe eggs market
In 2024, the liquid segment is expected to dominate the market with a market share of 77.71% due to lower prices, and wider distribution networks.
- On the basis of base Ingredient, the market is segmented into mung beans, garbanzo beans, pea, soy flour, starch, algal flour, chia seeds, wheat flour, others. In 2024, the mung beans segment is expected to dominate the market with a market share of 81.08% due to lower prices, and wider distribution networks
- On the basis of function, the market is segmented into full egg replacement, egg wash substitute, and partial egg replacement. In 2024, the full egg replacement segment is expected to dominate the market with a market share of 85.90% due to wider distribution networks
- On the basis of application, the market is segmented into breakfast application, homemade bakery applications, and others. In 2024, the breakfast application segment is expected to dominate the market with a market share of 79.95% due to wider distribution networks
- On the basis of packaging type, the market is segmented into bottles, pouches, and tetra packs. In 2024, the bottles segment is expected to dominate the market with a market share of 85.82% due to larger distribution networks
- On the basis of category, the market is segmented into conventional, and organic. In 2024, the conventional segment is expected to dominate the market with a market share of 92.64% due to wider distribution networks
- On the basis of end user, the market is segmented into retail/household and food service sectors. In 2024, the retail/household segment is expected to dominate the market with a 60.62% market share due to higher consumer demand for cooking at home, driven by convenience, freshness assurance, and varied culinary uses
- On the basis of distribution channel, the market is segmented into store-based retailer, non-store retailer (online). In 2024, the store-based retailer segment is expected to dominate the market with a 66.67% market due to convenience, freshness assurance, and varied culinary uses
The Europe animal-based eggs market is segmented into six notable segments based on type, source, packaging type, category, end user, and distribution channel.
- On the basis of type, the market is segmented into shell egg, and processed eggs
In 2024, the shell egg segment is expected to dominate the Europe eggs market
In 2024, the shell egg segment is expected to dominate the market with a market share of 82.58% due to higher production volumes, lower prices, and wider distribution networks.
- On the basis of source, the market is segmented into chicken, duck, others
In 2024, the chicken segment is expected to dominate the Europe eggs market
In 2024, the conventional segment is expected to dominate the market with a market share of 95.08% due to larger production, lower prices, and wider distribution networks
- On the basis of packaging type, the market is segmented into trays, boxes & carton, and bottles. In 2024, the conventional segment is expected to dominate the market with a market share of 65.30% due to lower prices, and wider distribution networks
- On the basis of category, the market is segmented into conventional and organic. In 2024, the conventional segment is expected to dominate the market with a market share of 89.09% due to wider distribution networks
- On the basis of end user, the market is segmented into retail/household and food service sectors. In 2024, the retail/household segment is expected to dominate the market with a 85.19% market due to higher consumer demand for cooking at home, driven by convenience, freshness assurance, and varied culinary uses
- On the basis of distribution channel, the market is segmented into store-based retailer, non-store retailer (online). In 2024, the store-based retailer segment is expected to dominate the market with a 77.86% market due to driven by convenience, freshness assurance, and varied culinary uses
Major Players
Data Bridge Market Research analyzes Charoen Pokphand Foods PCL (Thailand), Noble Foods (U.K.), Agroholding Avangard (Ukraine), TM Ovostar (Ukraine), Rembrandt Foods (U.S.) as the major players in the Europe eggs market.
Market Developments
- In February 2024, Noble Foods inaugurated a new egg production unit at Leicestershire, U.K. The production unit is spread across 10,000 square meters and it will produce more than 1.6 million eggs per week.
- In August 2023, Charoen Pokphand Foods Public Company (CP Foods) is launched a new product, carbon-neutral cage-free egg. The product received certification from the Thailand Greenhouse Gas Management Organization (TGO) and is expected to enter new market space in the near future
- In May 2021, Charoen Pokphand Foods PCL acquired a total charter capital of Limited Liability Company BiltOil (BiltOil LLC.), which owns 100% participation interests in Limited Liability Company Campofarm. This acquisition will help the company to expand its farm operation in Russia.
- In 2021, The Happy Egg brand of Noble Foods partnered with SMASH, a new app that offers people discounts on healthy foods and drinks brands and restaurants. The brand has also partnered with Frylight on Instagram to drive brand awareness. This helped the company to gain a customer base among youth.
- In May 2020, Ovostar Union Group invested Euro 100 million to build a huge egg production facility in Latvia. The project was a joint venture with Nordic energy company ADVEN with nearly 90% of eggs from the new facility destined for exports.
Regional Analysis
Geographically, the regions covered in the Europe eggs market report are Germany, Belgium, France, Spain, Italy, U.K., Netherlands, and rest of Europe
As per Data Bridge Market Research analysis:
Germany is the dominant and fastest growing country in the Europe animal-based eggs market
Germany is expected to dominate the Europe animal-based eggs market due to its large population, high per capita egg consumption, well-developed agricultural sector, and efficient distribution networks.
U.K. is the dominant and fastest growing country in the Europe plant-based eggs market
U.K. is expected to dominate the Europe plant-based eggs market due to strong consumer demand for sustainable and vegan alternatives, robust retail distribution, supportive government policies, and a growing vegan population
For more detailed information about the Europe eggs market report, click here – https://www.databridgemarketresearch.com/reports/europe-eggs-market
