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Germany Solid Egg Substitutes Market to Grow at a CAGR of 5.10% During 2022-2027, Aided by the Changing Consumer Dietary Trends

According to a new report by EMR titled, ‘Germany Solid Egg Substitutes Market Report and Forecast 2022-2027’, the market is expected to grow at a CAGR of 5.10% in the forecast period of 2022-2027.

The Germany solid egg substitutes industry is being driven by the rising trends of veganism and vegetarianism among consumers. This can be attributed to the growing focus on animal welfare and environmental sustainability in the region. In addition, the rising disposable incomes and the improved living standards of consumers are also expected to contribute to the market growth in the forecast period. Furthermore, the rising incidences of avian influenza are also projected to bolster the demand for egg alternatives among consumers, which, in turn, is expected to enhance their adoption in the food and beverage industry to prepare processed foods.

The rapid internet penetration across the region is leading to increased consumer engagement in online shopping activities. This can be attributed to the availability of a wide variety of food products as well as the ability to compare prices and avail discounts across online grocery stores. In this regard, the availability of a wide range of solid egg alternatives across online channels is expected to augment the market growth in the forecast period. For instance, Amazon (NASDAQ: AMZN) offers a range of solid egg replacements, including starch and algae-based alternatives, for the consumers to choose from. In addition, these substitutes can be increasingly utilised in cooking dishes, such as scrambled eggs and baking cakes and cookies.  Such developments are expected to positively impact the growth of the solid egg substitutes industry in the forecast period.

Market Breakup by Type, End Use, Distribution Channel, and Region:

  • The market is divided, based on type, into starch, algae flour, soy-based, and others.
  • On the basis of end use, the market can be distributed into retail and institutional.
  • Based on distribution channel, the industry is segregated into supermarkets and hypermarkets, convenience stores, online, and others.

Key Findings of the Report:

  • The solid egg substitutes industry in Germany is being driven by the changing consumer dietary trends in the region, coupled with the growing demand for plant-based food products. 
  • The growing awareness regarding the risk of avian flu and egg allergies has significantly contributed to the market expansion.
  • Increased adoption of egg alternatives in the food and beverage industry is also aiding the industry growth.
  • The rising disposable incomes and improved living standards of consumers are further propelling the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the Germany solid egg substitutes market for the periods (2017-2021) and (2022-2027).
  • The report also offers historical (2017-2021) and forecast (2022-2027) market information for the types, end uses, distribution channels, and major regions of solid egg substitutes.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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