The plant-based egg replacers market offers various types, including white egg replacement, egg yolk replacement, and complete egg replacement. These products serve as alternatives to traditional eggs and cater to different culinary needs. They derive from diverse sources, such as soy protein, pea protein, flaxseed, chia seeds, wheat protein, algal flour, tapioca starch, potato starch, arrowroot starch, fava bean, mung bean, and others. This wide range of sources provides versatility and options for consumers seeking plant-based egg substitutes in their diets, promoting sustainable and vegan-friendly choices.
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Data Bridge Market Research analyses that the Europe Plant-Based Egg Replacers Market will grow at a CAGR of 6.1% during the forecast period of 2022 to 2029. The driver for the plant-based egg replacers market is the increasing consumer interest in plant-based and vegan diets. Motivated by health concerns and ethical considerations, consumers seek alternatives to traditional eggs, propelling the demand for plant-based egg replacers.
Key Findings of the Study
Allergen concerns associated with conventional eggs are expected to drive the market's growth rate
The plant-based egg replacers market is driven by the heightened awareness of allergen risks associated with conventional eggs. This awareness has led to increased adoption of plant-based egg alternatives, as they eliminate the allergen concerns. Consumers are turning to these products to avoid potential allergies, making them a safer and more inclusive choice. This shift towards allergen-free options promotes healthier dietary choices and boosts the market for plant-based egg replacers.
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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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (White Egg Replacement, Egg Yolk Replacement and Complete Egg Replacement), Source (Soy Protein, Pea Protein, Flaxseed, Chia Seeds, Wheat Protein, Algal Flour, Tapioca Starch, Potato Starch, Arrowroot Starch, Fava Bean, Mung Bean, and Others), Gum Used (Xanthan Gum, Cellulose Gum, Tara Gum, Carrageenan and Others), Form (Powder, Liquid and Others), Function (Thickening, Glazing, Aeration and Batter Viscosity, Elasticity, Stability, Structure Retention and Others), Nature (GMO and Non-GMO), Category (Organic and Conventional), Application (Bakery and Savory Food)
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Countries Covered
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Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.
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Market Players Covered
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DuPont (U.S.), Ingredion (U.S.), MGP (U.S.), Kerry (Ireland), Tate & Lyle (U.K.), Corbion (Netherlands)
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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 egg replacers market is segmented into type, source, gum used, form, function, nature, category, and application.
- On the basis of type, the Europe plant-based egg replacers market is segmented into white egg replacement, egg yolk replacement, and complete egg replacement.
- On the basis of source, the Europe plant-based egg replacers market is segmented into soy protein, pea protein, flaxseed, chia seeds, wheat protein, algal flour, tapioca starch, potato starch, arrowroot starch, fava bean, mung bean, and others.
- On the basis of gum used, the Europe plant-based egg replacers market is segmented into xanthan gum, cellulose gum, tara gum, carrageenan, and others.
- On the basis of form, the Europe plant-based egg replacers market is segmented into powder and liquid.
- On the basis of function, the Europe plant-based egg replacers market is segmented into thickening, glazing, aeration, and batter viscocity, elasticity, stability, structure retention, and others.
- On the basis of nature, the Europe plant-based egg replacers market is segmented into GMO and non-GMO.
- On the basis of category, the Europe plant-based egg replacers market is segmented into organic and conventional.
- On the basis of application, the Europe plant-based egg replacers market is segmented into bakery and savory food.
Major Players
Data Bridge Market Research recognizes the following companies as the Europe plant-based egg replacers market players in Europe plant-based egg replacers market are DuPont (U.S.), Ingredion (U.S.), MGP (U.S.), Kerry (Ireland), Tate & Lyle (U.K.), Corbion (Netherlands).
Market Developments
- In August 2020, Alternative Foods introduced a groundbreaking plant-based liquid egg alternative in U.K. supermarkets. This innovative product, the first of its kind, holds a patented status, serving as a viable and sustainable substitute for traditional liquid eggs in baking applications. By offering a plant-based solution, Alternative Foods addresses the growing consumer demand for sustainable and cruelty-free alternatives in the culinary world, marking a significant step in the evolution of plant-based food products.
- In June 2020, Veggletto Company Pty Ltd introduced the Veggletto system, a pioneering innovation in egg-alternative cooking. This system offers a breakthrough approach to creating egg alternatives, providing versatile and plant-based options for various culinary applications. It caters to the growing demand for sustainable and cruelty-free alternatives in cooking, making it a significant development in the realm of plant-based food solutions.
Regional Analysis
Geographically, the countries covered in the Europe plant-based egg replacers market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.
As per Data Bridge Market Research analysis:
U.K. is the dominant region in the Europe plant-based egg replacers market during the forecast period 2022-2029
The U.K. dominates the European plant-based egg replacers market, leading in both market share and revenue. This dominance is expected to persist in the forecast period, fueled by rising concern over allergens in conventional eggs. The heightened awareness of allergen risks has driven increased adoption of veganism in the U.K., further boosting the growth of the plant-based egg replacers market in the country.
For more detailed information about the Europe plant-based egg replacers market report, click here – https://www.databridgemarketresearch.com/reports/europe-plant-based-egg-replacers-market
