North America Plant-Based Egg Replacers Market by Product and Services, Application and is growing with the CAGR of 5.6% by 2029
North America plant- based egg replacers market is expected to gain significant growth in the
forecast period of 2022 to 2029. Data Bridge Market Research analyzes that the
market is growing with a CAGR of 5.6% in the forecast period of 2022 to 2029
and is expected to reach USD 867.99 million by 2029.
Key Pointers Covered in North America Plant-Based Egg
Replacers Market Industry Trends and Forecast to 2029
·
Market
Size
·
Market New
Sales Volumes
·
Market
Replacement Sales Volumes
·
Market
Installed Base
·
Market
By Brands
·
Market
Procedure Volumes
·
Market
Product Price Analysis
·
Market
Regulatory Framework and Changes
·
Market
Shares in Different Regions
·
Recent
Developments for Market Competitors
·
Market
Upcoming Applications
·
Market
Innovators Study
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Benefits of
Considering this Report
·
This
report is compiled using a vigorous and thorough research methodology. Data
Bridge Market Research is also known for its data accuracy and granular market
reports.
·
A
complete picture of the competitive scenario of North America Plant-Based Egg
Replacers Market is depicted by this report.
·
The
report consists of a vast amount of data about the recent product and technological
developments in the markets.
·
The
insights in the report are easy to understand and include a graphical
representation of the numbers in the form of histograms, bar graphs, pie
charts, etc.
North America
Plant-Based Egg Replacers Market Scope and Market Size
The North America
plant-based egg replacers market is segmented into eight notable segments based
on the type, source, gum used, form, function, nature, category, and
application.
·
On the
basis of plant-based egg type, the North America plant-based egg replacers
market is segmented into white egg replacement, egg yolk replacement and
complete egg replacement. In 2022, the white egg replacement segment is
expected to dominate the market owing to the health benefits of white egg
replacements. In addition, increasing vegan population drives the market
growth.
·
On the
basis of source, the North America 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. In 2022, the soy protein segment is expected to dominate the
plant-based egg market due to the increasing demand for soy protein to give the
plant-based egg a great texture and to imitate the texture of conventional eggs
among manufacturers.
·
On the
basis of gum used, the North America plant-based egg replacers market is
segmented into xanthan gum, cellulose gum, tara gum, carrageenan, and others.
In 2022, the xanthan gum segment is expected to dominate the market owing to
its properties such as thickening and stabilization. Thus, increasing demand
for thickening agents in bakery and confectionary industries drives the market
growth.
·
On the
basis of form, the North America plant-based egg replacers market is segmented
into powder, liquid and others. In 2022, powder have dominated the market owing
to the factors such as their easy to use nature. In addition, the prices of
powder are affordable, which is driving the growth of the market in the
forecast period.
·
On the
basis of function, the North America plant-based egg replacers market is
segmented into thickening, glazing, aeration and batter viscocity, elasticity,
stability, structure retention, and others. In 2022, stability segment is
expected to dominate the market owing to its ability to keep food fresh and to
maintain the quality. In addition, increasing consumer’s preference of
plant-based egg replacers which maintains the stability of the food.
·
On the
basis of nature, the North America plant-based egg replacers market is
segmented into GMO and Non- GMO. In 2022, the non-GMO segment is expected to
dominate the market as the majority of consumers demand non-GMO plant-based
products owing to its affordability and easy availability.
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Some
of the key questions answered in this report:
·
How has the North America Plant-Based Egg
Replacers Market performed so far and how will it perform in the coming years?
·
What are the key regional markets?
·
What is the breakup of the market based on the
procedure?
·
What is the breakup of the market based on the
injury location?
·
What is the breakup of the market based on the
end user?
·
What are the various stages in the value chain
of the industry?
·
What are the key driving factors and challenges
in the industry?
·
What is the structure of the North America
Plant-Based Egg Replacers Market and who are the key players?
·
What is the degree of competition in the
industry?
Market Analysis and
Insights: North America Plant-Based Egg Replacers Market
·
The plant-based egg
replacers only include commercial plant-based egg replacers and only those
products that are labelled by the manufacturers as
plant-based egg replacers or products for which the egg replacement
is listed one of the application in their product descriptions. They are
produced by plant-based raw materials such as protein isolates and
concentrates, starches, legumes, cereals, and others.
·
The plant-based
eggs replacers replicate almost all of the functionality of conventional eggs.
Plant-based egg replacers are simply intended to provide the binding properties
needed for foods like cakes, muffins, and pancakes.
·
They serve the
purpose of stabilization, gelation, emulsification, and others. Plant-based
eggs offer various health benefits such as are
cholesterol-free, allergen-free, and hence, are opted by the consumers
suffering from health issues related to cholesterol or who suffer from egg
allergy. Additionally, plant-based eggs offer high food safety as they are made
from plant-based raw material and thus reduces the risk of food-borne illness.
Moreover, they are environmentally sustainable.
·
Plant-based egg
replacers are rich in calcium and vitamin B12 and contain low fat and zero
cholesterol. Therefore, are preferred by many consumers for the health
benefits. Various manufacturers offer plant-based eggs in different packaging
and prepared from different plant sources such as cereals, legumes, algae, and
others.
·
Moreover, the
growing demand for plant-based eggs replacers among consumers owing to its
health benefits coupled with the increasing trend of plant-based food and vegan
food are the key factors driving the North America plant-based egg replacers
market. However, lack of awareness about plant-based food may hamper the growth
of the plant-based egg replacers market.
North America
Plant-Based Egg Replacers Market Country Level Analysis
On the basis of geography,
the North America plant-based egg replacers market is segmented into U.S.,
Mexico, and Canada.
North America Plant-Based Egg Replacers Market
Share Analysis
North America plant- based
egg replacers market competitive landscape provides details by competitor.
Details included are company overview, company financials, revenue generated,
market potential, investment in research and development, new market
initiatives, North America presence, production sites and facilities, company
strengths and weaknesses, product launch, product trials pipelines, product
approvals, patents, product width and breadth, application dominance, and
technology lifeline curve. The above data points provided are only related to
the companies’ focus related to the North America plant-based egg replacers
market.
Key player North America Plant-Based Egg Replacers
Market
Some of the major players
operating in the North America plant-based egg replacers market are DuPont,
Alternative Foods, Ingredion, MGP, Kerry, Tate & Lyle, Corbion, Namaste
Foods., J&K Ingredients, Inc., Fiberstar, Sunbloom Proteins GmbH, Fismer
Lecithin, All American Foods, Ener-G Foods, Inc. and Bob’s Red Mill Natural
Foods.
MAJOR TOC OF THE
REPORT
·
Chapter
One: Introduction
·
Chapter
Two: Market Segmentation
·
Chapter
Three: Market Overview
·
Chapter
Four: Executive Summary
·
Chapter
Five: Premium Insights
·
Chapter
Six: North America Plant-Based Egg Replacers Market Share by Product &
Procedure type
Get TOC Details:
https://www.databridgemarketresearch.com/toc/?dbmr=north-america-plant-based-egg-replacers-market
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