As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Vegan Egg Substitute Market: By Form: Solid, Liquid; By Type: Starch, Algae Flour, Soy-Based, Others; By Application: Bakery, Confectionery, Desserts, Convenience Food,; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Vegan Egg Substitute Market Outlook

The global vegan egg substitute market is expected to grow at a CAGR of 5.6% in the forecast period of 2021-2026 to reach a value of USD 1.48 billion by 2026.

 

The Rising Demand from Developed Regions to Aid the Market Growth of Vegan Egg Substitute

The market growth of vegan egg substitute is being driven by the robust demand for vegan egg substitute from the developed regions. The North America region is predicted to be a significant market globally as a result of a large vegan population. Further, Europe and East Asia are anticipated to witness a rapid growth over the forecast period.

Over the past few years, the outbreaks of numerous flu in the poultry industry have majorly impacted the prices of eggs, consequently creating a need for producers and food technologies to converge for the probable solution for egg, thereby propelling the market growth further. Moreover, the vegan egg substitute industry has huge opportunities for the manufacturers owing to its increasing growth trends.

 

Vegan Egg Substitute: Industry Definition and Segmentation

Vegan egg substitutes are those ingredients that replace the egg in the food industry for purposes like cooking or baking. Several ingredients are available in the market to substitute the consumption of egg, and most of them are free from all animal products. Hence, they are considered vegan egg substitutes, and they contain no cholesterol. Consumers are also opting for homemade ingredients to substitute egg, like fruits, baking powder, chia seeds, potato starch, ground seed, and others.

On the basis of form, the market is divided into:

  • Solid
  • Liquid

Based on type, the industry can be segmented into:

  • Starch
  • Algae Flour
  • Soy-Based
  • Others

By application, the industry is categorised into:

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rising Awareness Regarding Environmental Sustainability to Aid the Market Growth of Vegan Egg Substitute

The market growth of vegan egg substitute is being driven by the rising demand for vegan processed food products. Further, certain factors positively impacting the market growth are the rising allergenicity, increasing awareness regarding environmental sustainability, and the shift of consumers towards vegan diets. Moreover, the market is also influenced by secondary drivers like enhancing shelf life as compared to eggs, along with rising prices of eggs due to increased poultry diseases. In addition, the vegan egg substitutes exhibit the potential to replace the egg in several food products such as cakes, biscuits, mayonnaise, muffins, noodles, and others.

 

Key Industry Players in the Global Vegan Egg Substitute Market

The report gives a detailed analysis of the following key players in the global vegan egg substitute market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Glanbia plc 
  • Ingredion Incorporated
  • Cargill, Incorporated
  • Bob's Red Mill Natural Foods, Inc.
  • House Foods America Corporation
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Vegan Egg Substitute Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Vegan Egg Substitute Historical Market (2016-2020) 
    8.3    Global Vegan Egg Substitute Market Forecast (2021-2026)
    8.4    Global Vegan Egg Substitute Market by Form
        8.4.1    Solid
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Liquid
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Vegan Egg Substitute Market by Type
        8.5.1    Starch
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Algae Flour
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Soy-Based
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Others
    8.6    Global Vegan Egg Substitute Market by Application
        8.6.1    Bakery
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Confectionery
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Desserts
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Convenience Food
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Others
    8.7    Global Vegan Egg Substitute Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Glanbia plc 
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Ingredion Incorporated
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Cargill, Incorporated
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Bob's Red Mill Natural Foods, Inc.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    House Foods America Corporation
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Materials
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investments

 

List of Figures and Tables

1.    Global Vegan Egg Substitute Market: Key Industry Highlights, 2016 and 2026
2.    Global Vegan Egg Substitute Historical Market: Breakup by Form (USD Billion), 2016-2020
3.    Global Vegan Egg Substitute Market Forecast: Breakup by Form (USD Billion), 2021-2026
4.    Global Vegan Egg Substitute Historical Market: Breakup by Type (USD Billion), 2016-2020
5.    Global Vegan Egg Substitute Market Forecast: Breakup by Type (USD Billion), 2021-2026
6.    Global Vegan Egg Substitute Historical Market: Breakup by Application (USD Billion), 2016-2020
7.    Global Vegan Egg Substitute Market Forecast: Breakup by Application (USD Billion), 2021-2026
8.    Global Vegan Egg Substitute Historical Market: Breakup by Region (USD Billion), 2016-2020
9.    Global Vegan Egg Substitute Market Forecast: Breakup by Region (USD Billion), 2021-2026
10.    North America Vegan Egg Substitute Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    North America Vegan Egg Substitute Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Europe Vegan Egg Substitute Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Europe Vegan Egg Substitute Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Asia Pacific Vegan Egg Substitute Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Asia Pacific Vegan Egg Substitute Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Latin America Vegan Egg Substitute Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Latin America Vegan Egg Substitute Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Middle East and Africa Vegan Egg Substitute Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Middle East and Africa Vegan Egg Substitute Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Global Vegan Egg Substitute Market Structure

Key Questions Answered in the Report

The global vegan egg substitute market is projected to grow at a CAGR of 5.6% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach about USD 1.48 billion by 2026.

The major drivers of the industry, such as rising disposable incomes, rising allergenicity, increasing awareness regarding environmental sustainability, and the shift of consumers towards vegan diets, are expected to aid the market growth.

The key trend guiding the growth of the market includes the rising opportunities for the manufacturers owing to the industry’s increasing growth trends.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading forms of vegan egg substitute in the market are solid and liquid.

The significant types of vegan egg substitute in the industry are starch, algae flour, and soy-based, among others.

The major application segments in the market are bakery, confectionery, desserts, and convenience food, among others.

The major players in the industry are Glanbia plc, Ingredion Incorporated, Cargill, Incorporated, Bob's Red Mill Natural Foods, Inc., and House Foods America Corporation, among others.

Analyst Review

The global vegan egg substitute market is being driven by the rising adoption of vegan diet. Aided by the growing environmental sustainability, the market is expected to witness a healthy growth in the forecast period of 2021-2026, growing at a CAGR of 5.8%. The market is projected to reach USD 1.48 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on form, the market is bifurcated into solid and liquid. By type, the industry is divided into starch, algae flour, and soy-based, among others. On the basis of application, the market is segmented into bakery, confectionery, desserts, and convenience food, among others. The major regional markets for vegan egg substitute are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Glanbia plc, Ingredion Incorporated, Cargill, Incorporated, Bob's Red Mill Natural Foods, Inc., and House Foods America Corporation, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 1999     $1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Single User License

$ 3099     $2499
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Five User License

$ 4099     $3499
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Corporate License

$ 5099     $4499
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Sheep Meat Market Report and Forecast 2021-2026


Global Microwavable Foods Market Report and Forecast 2021-2026


Global Puffed Food Market Report and Forecast 2020-2025


Global Plant Based Snacks Market Report and Forecast 2020-2025


Global Anti-Caking Agents Market Report and Forecast 2020-2025


NEWSLETTER