This Plant-Based Egg Replacers market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Plant-Based Egg Replacers report simplifies managing marketing of goods and services effectively.

Data Bridge Market Research analyzes that the market is growing with a CAGR of 6.0% in the forecast period of 2022 to 2029 and is expected to reach USD 2,386.45 million by 2029.

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Market Overview

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.

Global Plant-Based Egg Replacers Market Scope and Market Size

The global 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 type, the global 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 global 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 global 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 global 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 global 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 global 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.
• On the basis of category, the global plant-based egg replacers market is segmented into organic and conventional. In 2022, the conventional segment is expected to dominate the market owing to its easy availability and consistent increasing demand. In addition, it provides better taste and more flavors which drives the market growth.
• On the basis of application, the global plant-based egg replacers market is segmented into bakery, and savory food. In 2022, the bakery segment is expected to dominate the market owing to increasing demand of bakery products. In addition, consumers are demanding plant-based and vegan bakery products that helps the market to grow in coming years.

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Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Plant-Based Egg Replacers Market Landscape

Part 04: Global Plant-Based Egg Replacers Market Sizing

Part 05: Global Plant-Based Egg Replacers Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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