Egg Replacement Ingredients Market to Post 5.7% CAGR to 2022, Forecasts Meticulous Research in Its New Report Available at MarketPublishers.com18 Sep 2017 • by Natalie Aster
LONDON – Globally, the egg replacement ingredients market is expected to post a 5.7% CAGR in the offing to amount to USD 1.152 billion by 2022. This sector’s growth is largely fuelled by the rising preference for pure natural ingredients amongst the general population; expanding vegan, vegetarian, and flexitarian population; frequent bird flu outbreaks; and safety benefits over natural eggs. Nevertheless, both the industrial users and end consumers alike are reluctant to use the egg replacement ingredients mainly due to their inability to reduplicate the exact taste, flavour, and texture similar to the real eggs.
North America captured the leading share of the total egg replacement ingredients market as of 2016, with the European and APAC regions following after.
Cargill, Florida Food Products LLC, MGP Ingredients, Nestlé S.A., Corbion Group, E.I. Dupont, Ener-G Foods, Fiberstar, Ingredion Incorporated, Eden Foods, Organic Valley (OV), and Glanbia PLC, amid others, are the dominant players in the market.
New research publication “Egg Replacement Ingredients Market- Global Opportunity Analysis And Industry Forecasts To 2022” drawn up by Meticulous Market Research offers an all-encompassing, unbiased assessment of the market globally, segmenting it by type, application, form, and source. A geographical market analysis is also provided in the study. The publication casts light on the major opportunities, drivers and hindrances pertaining to the sector. It canvasses the competitive scenario, and provides detailed company profiles of the 16 dominant market participants covering their business overview, recent financials, product portfolios, key developments, etc. Comprehensive forecasts of the market are at hand in the report, too.
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