Press Release
Press Release
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.
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