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Egg Replacers Market by Ingredient, Form, Source, Application, and Region - Global Forecast to 2022

Egg Replacers Market: Global Forecast until 2022

  • May 2017
  • 141 pages
  • ID: 4922054
In this report:
Growing at a CAGR of ##.##%, the Spanish egg replacers market is expected to reach USD ##.## million and acquire a share of ##.##% by 2022.
This market is expected to further grow at a CAGR of ##.##% to reach USD ##.## million by the end of 2022.
The market is estimated at USD ##.## million in 2017 and is expected to acquire ##.##% of the overall European egg replacers market by 2022.

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"Egg replacers market is estimated to rise at a compound annual growth rate of 6.20 percent"

The egg replacers market, estimated at $949.80M in 2017, is expected to grow at a compound annual growth rate (CAGR) of 6.20 percent, to attain $1283.00M by 2022. Rise in awareness of consumers concerning healthy eating habits is fueling the industry demand for egg replacers. Egg replacer products are used in several food applications according to their properties including emulsification, better binding, and foaming. The sector is mainly driven by Elements such as rise in vegan diet and avian flu outbreak in main geographical regions including North America and Europe (EU). The increasing demand for egg replacers in Asia-Pacific countries are paving new opportunities for egg replacers market. Nevertheless, the perception of customers toward taste of egg replacers may act as a restraining factor for egg replacers in coming years as some of the consumers are disappointed by the taste and variety of egg replacers offered in the industry.

"Sauces, dressings & spreads is planned to be the quickest-growing segment in the overall egg replacers market"

On the basis of application class, sauces, dressings & spreads is intended to be the quickest-increasing subsegment during the review period. Egg replacer is low fat and protein rich ingredient that is used in different sauces and spreads. Increase in appreciation among consumers toward adverse effects of eggs, including high fat and cholesterol content, which may lead to the several diseases including cardiovascular diseases and different functions including better emulsion and mouthfeel effect provided by egg replacers have enabled food processing firms to rise the usage of egg replacers in several sauces and dressings applications. This forecast has resulted in a massive demand for egg replacers in the food market, which is anticipated to contribute to the rise of egg replacers market in the next years.

North America (NA) is forecasted to be the most important area overall the outlook period

North America continent acquired the biggest share of egg replacers market in 2016 due to the growth in demand for egg replacer in bakery and savory industries due to the outbreak of avian influenza in this area. The U.S.A is anticipated to lead the sector for egg replacers in the North American area for the upcoming five years, as a result of increase in threat of flu-affected eggs and increase in appreciation among consumers about healthy diet habits.

Distribution of primaries is like:

By Company Type: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, and Tier 3 -20.0 percent

By Designation Level: Director Level - 35.0 percent, C Level - 25.0 percent, and Others - 40.0 percent

By area: North america (NA) - 30.0 percent, Europe - 20.0 percent, Asia-Pacific - 45.0 percent, and rest of the world - 5.0 percent

Key players decribed in this business report:

• Cargill

• E. I. du Pont de Nemours and Organization

Segment Research

The document breaks down the egg replacers market based on application, ingredient, form, source, and area. In terms of insights, this market research has emphasized different levels of analyses-trade study, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape, emerging & high-growth segments of the overall egg replacers market, high-growth areas, territories, government actions, drivers, market restraints, and alternatives.

Why acquiring this study can help you:

• To get a comprehensive overview of the egg replacers market

• To benefit wide-ranging information about the top actors in this market, their service portfolios and top strategies approved by them

• To benefit business insights about the main countries/localities in which the egg replacers market is prospering

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Related Market Segments :

Egg

Confectionery

Sauce

Spreads

Condiment

ref:plp2017

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