Egg Replacement Ingredient Market

Egg Replacement Ingredient Market: North America to Represent Highest Value Share by 2016 End: Global Industry Analysis and Opportunity Assessment, 2016-2026

2016-10-18
REP-GB-908
208 pages

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Egg Replacement Ingredient Market

An Incisive, In-depth Analysis on the Egg Replacement Ingredient Market

This study offers a comprehensive, 360 degree analysis on the Egg Replacement Ingredient market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Egg Replacement Ingredient market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

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Egg replacement ingredients enable the replacement or reduce egg content in foods without affecting the taste and appearance of the final product. These ingredients find extensive application in products such as cakes, muffins, mayonnaise, chocolates, custard, ice-cream, and cookies among others. The global egg replacement ingredient market is anticipated to register a CAGR of 5.8% during the forecast period (2016 – 2026) and is estimated to be valued at US$ 1,533.3 Mn by 2026 end.

Rising prices of eggs and increasing consumer awareness towards preventative healthcare is expected to boost market growth

Egg shortage crisis due to avian influenza, increasing demand for plant based ingredients and increased cost of eggs are factors expected to support the growth of the global egg replacement ingredient market over the forecast period. Rising consumer awareness towards preventative healthcare and an inclination towards products with low cholesterol levels is further likely to fuel the growth of the global egg replacement ingredient market during the forecast period. Manufacturers are focussing on production catering to rising consumer demands for vegan or vegetarian edible products and allergen-free products.

However, increased cost of the final product and the fact that egg replacement ingredients do not offer the same taste effect as eggs is likely to restrict the growth of the global egg replacement ingredient market over the forecast period.

Market segmentation

By Ingredient	By Application	By End Use	By Form	By Region
Milk Protein Formulation Algal Flour Proteins Starch Soy Products (Lecithin, Tofu & Tahini) Others (Fruit Purees & Vinegar)	Chocolates Biscuits & Cookies Cakes/Pastries/Muffins/Breads Mayonnaise Noodles & Pasta	Commercial Large Scale Food Manufacturers Small Scale Food Manufacturers Household	Liquid Powder	North America Latin America Europe, Middle East & Africa (EMEA) Asia Pacific (APAC)

Milk Protein Formulation ingredient segment likely to remain dominant throughout the forecast period

The Milk Protein Formulation segment is estimated to account for a revenue share of 31.1% in the global egg replacement ingredient market by the end of 2016 while the Starch segment is anticipated to register a CAGR of 5.7% in terms of value over the forecast period.

Mayonnaise application segment expected to gain relatively high market share over the forecast period

The Mayonnaise segment is estimated to account for a value share of 38.2% in the global egg replacement ingredient market by 2016 end. The Cakes/Pastries/Muffins/Breads segment is estimated to account for 25.9% value share of the global egg replacement ingredient market by the end of 2016.

Commercial end use segment expected to account for highest value share by 2026

The Commercial segment is anticipated to remain dominant and account for 79.7% value share of the global egg replacement ingredient market over the forecast period.

Powder form segment anticipated to grow 1.8X during the forecast period

The Powder segment is estimated to reach a market valuation of US$ 670.5 Mn by the end of 2016 and is expected to show significant growth during the forecast period.

North America to represent highest value share of the global market by 2016 end

The North America egg replacement ingredient market is estimated to account for 48.0% share of the global egg replacement ingredient market by the end of 2016. The EMEA egg replacement ingredient market is expected to witness the highest CAGR of 6.5% in terms of value during the forecast period.

egg replacement ingredient market

Leading market players are focussing on new product launches and strategic acquisitions and mergers to strengthen market share

Key players in the global egg replacement ingredient market include Corbion NV, Glanbia Plc, Tate & Lyle Plc, Ingredion Incorporated, Ener-G Foods, Inc., Natural Products, Inc., Orchard Valley Foods Limited, Puratos Group, TerraVia Holdings, Inc., and Archer Daniels Midland Company. Top companies dominating the global egg replacement ingredient market are focussed on introducing new products to cater to the rising demand from specific industries such as the bakery industry. Companies are also offering natural and healthy ingredients that are Kosher certified, GMO free, and gluten free.

The report “Egg Replacement Ingredient Market: Global Industry Analysis and Opportunity Assessment, 2016 – 2026” presents a 10-year forecast of the global egg replacement ingredient market between 2016 and 2026. Our main objective is to offer information on the market performance of the global egg replacement ingredient market and provide insights on the key dynamics that are expected to influence the current environment and future status of the global egg replacement ingredient market over the forecast period (2016 – 2026). In this report, we have provided information on key drivers, restraints, trends, value forecasts, and opportunities for manufacturers operating in the global egg replacement ingredient market.

Report description

To assess market opportunities and to analyse market performance, we have divided the report into five categories based on market segmentation – by Application, by Form, by Ingredient, by End User, and by Region – and have provided an in-depth analysis of the global egg replacement ingredient market in terms of volume and value for the next 10 years. The report begins with an overview of the global egg replacement ingredient market followed by a detailed analysis of the market dynamics and the governing trends. Impact analysis of key growth drivers and restraints based on the weighted average model is included in the report to equip clients with pertinent decision-making insights. In the subsequent sections, we analyse the global egg replacement ingredient market on the basis of application, form, ingredient, end user, and region and provide a comprehensive market outlook for the forecast period. Our study discusses key regional trends contributing to the growth of the global egg replacement ingredient market and analyses the degree to which drivers are influencing the markets in each region.

In the final section of the report, we have included a competitive landscape of the global egg replacement ingredient market to provide a dashboard view of leading categories of providers operating across the global egg replacement ingredient market value chain. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a segment in the global egg replacement ingredient market value chain. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on an in-depth assessment of their capabilities and success in the global egg replacement ingredient market. We have also profiled some of the leading providers of egg replacement ingredients and have evaluated their long-term and short-term strategies, key offerings, and recent developments in the global egg replacement ingredient market.

Research methodology

To calculate the global egg replacement ingredient market size, we have considered the overall revenue generated from the sales of egg replacement ingredients across the various regions. The forecast presented here assesses the total revenue by value generated across the global egg replacement ingredient market. In order to offer an accurate forecast, we have started by sizing the current market, which forms the basis of how the global egg replacement ingredient market is likely to develop in the future. Given the characteristics of the market, we have triangulated the outcome on the basis of three different types of analyses based on supply side drivers, overall consumer spending, and the economic envelope. Also, given the ever-fluctuating nature of the global economy, our report offers forecasts not only in terms of CAGR, but also presents market analysis on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand market predictability and to identify the right opportunities in the global egg replacement ingredient market.

Another key feature of our report is an analysis of the global egg replacement ingredient market segments and sub-segments, regional adoption, and revenue forecast in terms of absolute dollar and volume forecast in terms of absolute unit. This is traditionally overlooked while forecasting the market. However, absolute dollar and unit opportunity are critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global egg replacement ingredient market. Further, in order to understand the key segments in terms of growth and adoption across the concerned regions, we have developed the global egg replacement ingredient market attractiveness index to help identify real market opportunities.