According to Future Market Insights research, during the projected forecast period, the Egg White Substitute market is expected to grow at a CAGR of 5.6%. The market value projected to increase is from USD 1,224.9 Million in 2022 to USD 2,112.3 Million by 2032. The Egg White Substitute market was valued at USD 1,156.7 Million at the end of 2021 and is projected to exhibit Y-o-Y growth of 5.9% in 2022.
| Attributes | Details |
|---|---|
| Market Size Value in 2022 | USD 1,224.9 Million |
| Market Forecast Value in 2032 | USD 2,112.3 Million |
| Global Growth Rate (2022 to 2032) | 5.6% CAGR |
| Forecast Period | 2022 to 2032 |
| The USA market share of Egg White Substitute | 33.7% |
Before baking, egg white is applied to a pastry's surface primarily to give it a shining appearance. Egg substitutes are other components used in lieu of eggs to get the same result.
These are frequently employed as the first step in breading items because they provide a surface for the breading to stick to. The egg substitute is also used to give pastries a golden, lustrous, or brown color. It is also used to hold pastry portions, such as empanadas or other recipes, together or to help toppings or coatings adhere to the pastry surface.
Non-dairy milk, butter replacements, vegetable oil, and light corn syrup diluted in water are just a few substances that can be used alone or in combination to replace egg white. The bakery sector uses a replacement for egg white very frequently.
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In the Historical outlook of the Egg White Substitute market, the value increased from USD 919.7 Million in 2017 to USD 1,156.7 Million in 2021. The CAGR (2017 to 2021) is observed to be 5.9%.
Foods with healthful ingredients are typically preferred to a high degree by the health-conscious populace worldwide. Eggs have higher fat, cholesterol, and calorie counts, which could be harmful to your health. The growing interest in lowering cholesterol levels may be good news for the global market for egg alternatives. This might be a result of the elevated cholesterol risk associated with eating egg yolks.
Consumers are increasingly knowledgeable about the characteristics of food ingredients. Consumer preferences are changing in favor of natural and chemical-free products as a result of this awareness. The market is expanding as a result of factors such as rising dietary concerns, increased safety concerns, and growing consumer desire for products with longer shelf lives.
For the Future projection of the Egg White Substitute market, the value increased from USD 1,224.9 Million in 2022 to USD 2,112.3 Million in 2032. The CAGR (2022 to 2032) is estimated to be 5.6%.
In recent years, the North American egg white substitute market has been growing rapidly. This is due to the increasing popularity of vegan and vegetarian diets. Egg white substitutes are used in baking and cooking to give food a glossy finish. They are also used to bind ingredients together or as a leavening agent.
The USA contributes 33.7% of the total revenue for the Egg white Substitute Market.
The European market for egg white substitutes is growing rapidly as consumers become more health and environmentally conscious. This trend is being driven by the rise in popularity of plant-based diets, as well as the increasing availability of vegan and vegetarian products.
Germany contributes 29.9% to the Egg White Substitute market and United Kingdom CAGR for the forecast period is 4.0%.
Asia Pacific is growing in the Egg White Substitute market. The market is driven by the growing demand for egg-free and vegan products, as well as the health benefits associated with egg substitutes.
The Asia Pacific egg white substitute market is segmented by type into plant-based and animal-based. Plant-based egg white substitutes are expected to grow at a higher CAGR during the forecast period due to their health benefits and increasing availability. Animal-based egg white substitutes are typically made from milk or whey and have a lower price point than plant-based substitutes.
Japan's contribution to the Egg White Substitute market is 6.8% of the total market share, India and China are market drivers in the Asia Pacific and their latest CAGR in the Egg White Substitute market is 4.6% and 6.0% respectively.
Egg white substitutes are used in the food industry as an alternative to traditional egg whites. They offer several benefits over egg whites, including lower cost, ease of use, and improved food safety.
Latin America is a key market for egg white substitutes due to the growing food service industry in the region. This growth is driven by the increasing number of working women and busy lifestyles.
Egg white substitutes are available in various forms, such as powders, liquids, and gels. They are used in a variety of applications, such as breading and battering, pastry making, and cake decoration.
As the egg white substitute market continues to grow, the Middle East and Africa(MEA) & RoW are responding with new products and strategies.
In the Middle East and Africa (MEA), egg white substitutes are becoming increasingly popular as a way to reduce costs and improve food safety. As a result, several companies have started to offer egg white substitute products in the region.
From the Oceania region, Australia is contributing 2.8% of the total revenue of the Egg White Substitute market.
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There are many different types of egg white substitutes available on the market, such as flaxseed meal, chia seeds, and potato starch. Each one has its own unique properties that make it ideal for different recipes.
For example, flaxseed meal is high in fiber and helps to create a light and airy texture in baked goods. Chia seeds are rich in omega-3 fatty acids and help to keep baked goods moist. Potato starch is often used as a binding agent or leavening agent in recipes.
There are a number of factors driving this growth, including the fact that eggs are a major source of cholesterol and saturated fat. In addition, eggs are often produced in cruel conditions, with hens kept in cramped cages and given little opportunity to exercise or express natural behaviors.
As a result, more and more consumers are seeking out egg white substitutes that are free from these animal products and cruelty. There are a number of options available on the market, including plant-based alternatives made from food waste products such as pea protein or chickpea flour.
Companies are working on releasing innovative solutions to address the evolving needs of end users in the moderately fragmented market for egg white alternatives. PURATOS and Bellarise are a couple of the major players in the market for egg substitutes.
To address the rising demand from the bread industry, major businesses that dominate the global market for egg white alternatives are concentrating on releasing new products. Companies also provide certified Kosher, gluten-free, and free of GMO items that are fresh and healthful.
A positive market element is the rising consumer demand for clean-label and vegan products, particularly in industrialized nations. The businesses make Research and Development investments to develop innovative vegan alternatives for egg white for various applications and to imitate the flavor of eggs in various products.
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| Attribute | Details |
|---|---|
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2022 |
| Market Analysis | USD Million for Value and Units for Volume |
| Key Regions Covered |
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| Key Countries Covered |
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| Key Segments Covered |
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| Key Companies Profiled |
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| Report Coverage | Drivers, Restraints, Opportunities and Threats Analysis, Market Forecast, Company Share Analysis, Market Dynamics and Challenges, Competitive Landscape, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The global Egg White Substitute market will reach a valuation of USD 1,224.9 Million by the end of 2022.
The USA. Egg White Substitute Market is contributing 33.7% of the total market share which is valued at around USD 412.8 Million.
USA, Canada, Mexico, Argentina, Brazil, Germany, United Kingdom, France, Italy, Russia, Spain China, Japan, India, and Australia are the major countries driving demand for Egg White Substitute Market.
The Germany Egg White Substitute Market is contributing 29.9% of the total market share which values at USD 366.2 Million.
PURATOS, Bellarine, Par-Way Tryson, Dawn Foods, Corbion Above are the top 5 market players in Egg White Substitute industry.
The Japan Egg White Substitute market contribution is 6.8% of the total market share.
The India Egg White Substitute market will grow at 4.6% CAGR between 2022 and 2032
The global Egg White Substitute market is forecasted to surpass USD 2,112.3 Million by the end of 2032.
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