According to Future Market Insights research, during the projected forecast period, the Egg Wash Substitute market is expected to grow at a CAGR of 5.6%. The market value projected to increase is from USD 1,224.9 Million in 2022 to USD 2,112.3 Million by 2032. The Egg Wash Substitute market was valued at USD 1,156.7 Million at the end of 2021 and is projected to exhibit Y-o-Y growth of 5.9% in 2022.
Attributes
Details
Market Size Value in 2022
USD 1,224.9 Million
Market Forecast Value in 2032
USD 2,112.3 Million
Global Growth Rate (2022 to 2032)
5.6% CAGR
Forecast Period
2022 to 2032
The USA market share of Egg Wash Substitute
33.7%
Before baking, egg wash is applied to a pastry's surface primarily to give it a shining appearance. Egg substitutes are other components used in lieu of eggs to get the same result.
These are frequently employed as the first step in breading items because they provide a surface for the breading to stick to. The egg substitute is also used to give pastries a golden, lustrous, or brown color. It is also used to hold pastry portions, such as empanadas or other recipes, together or to help toppings or coatings adhere to the pastry surface.
Non-dairy milk, butter replacements, vegetable oil, and light corn syrup diluted in water are just a few substances that can be used alone or in combination to replace egg wash. The bakery sector uses a replacement for egg wash very frequently.
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Historical Outlook vs. Future Projections of Egg Wash Substitute Market
In the Historical outlook of the Egg Wash Substitute market, the value increased from USD 919.7 Million in 2017 to USD 1,156.7 Million in 2021. The CAGR (2017 to 2021) is observed to be 5.9%.
Foods with healthful ingredients are typically preferred to a high degree by the health-conscious populace worldwide. Eggs have higher fat, cholesterol, and calorie counts, which could be harmful to your health. The growing interest in lowering cholesterol levels may be good news for the global market for egg alternatives. This might be a result of the elevated cholesterol risk associated with eating egg yolks.
Consumers are increasingly knowledgeable about the characteristics of food ingredients. Consumer preferences are changing in favor of natural and chemical-free products as a result of this awareness. The market is expanding as a result of factors such as rising dietary concerns, increased safety concerns, and growing consumer desire for products with longer shelf lives.
For the Future projection of the Egg Wash Substitute market, the value increased from USD 1,224.9 Million in 2022 to USD 2,112.3 Million in 2032. The CAGR (2022 to 2032) is estimated to be 5.6%.
Country Wise Analysis
How North America Egg Wash Substitute market is shaping?
In recent years, the North American egg wash substitute market has been growing rapidly. This is due to the increasing popularity of vegan and vegetarian diets. Egg wash substitutes are used in baking and cooking to give food a glossy finish. They are also used to bind ingredients together or as a leavening agent.
The USA contributes 33.7% of the total revenue for the Egg Wash Substitute Market.
How Europe Egg Wash Substitute market is shaping?
The European market for egg wash substitutes is growing rapidly as consumers become more health and environmentally conscious. This trend is being driven by the rise in popularity of plant-based diets, as well as the increasing availability of vegan and vegetarian products.
Germany contributes 29.9% to the Egg Wash Substitute market and United Kingdom CAGR for the forecast period is 4.0%.
How Asia Pacific is growing in Egg Wash Substitute market?
Asia Pacific is growing in the Egg Wash Substitute market. The market is driven by the growing demand for egg-free and vegan products, as well as the health benefits associated with egg substitutes.
The Asia Pacific egg wash substitute market is segmented by type into plant-based and animal-based. Plant-based egg wash substitutes are expected to grow at a higher CAGR during the forecast period due to their health benefits and increasing availability. Animal-based egg wash substitutes are typically made from milk or whey and have a lower price point than plant-based substitutes.
Japan's contribution to the Egg Wash Substitute market is 6.8% of the total market share, India and China are market drivers in the Asia Pacific and their latest CAGR in the Egg Wash Substitute market is 4.6% and 6.0% respectively.
What is Egg Wash Substitute market situation in the Latin America region?
Egg wash substitutes are used in the food industry as an alternative to traditional egg washes. They offer several benefits over egg washes, including lower cost, ease of use, and improved food safety.
Latin America is a key market for egg wash substitutes due to the growing food service industry in the region. This growth is driven by the increasing number of working women and busy lifestyles.
Egg wash substitutes are available in various forms, such as powders, liquids, and gels. They are used in a variety of applications, such as breading and battering, pastry making, and cake decoration.
How the Middle East and Africa(MEA) & RoW are responding to Egg Wash Substitute market?
As the egg wash substitute market continues to grow, the Middle East and Africa(MEA) & RoW are responding with new products and strategies.
In the Middle East and Africa (MEA), egg wash substitutes are becoming increasingly popular as a way to reduce costs and improve food safety. As a result, several companies have started to offer egg wash substitute products in the region.
From the Oceania region, Australia is contributing 2.8% of the total revenue of the Egg Wash Substitute market.
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Category Wise Insights
What are the Egg Wash substitutes available in the market and their properties?
There are many different types of egg wash substitutes available on the market, such as flaxseed meal, chia seeds, and potato starch. Each one has its own unique properties that make it ideal for different recipes.
For example, flaxseed meal is high in fiber and helps to create a light and airy texture in baked goods. Chia seeds are rich in omega-3 fatty acids and help to keep baked goods moist. Potato starch is often used as a binding agent or leavening agent in recipes.
What are the Factors Driving the Egg Wash Substitutes Market Growth?
There are a number of factors driving this growth, including the fact that eggs are a major source of cholesterol and saturated fat. In addition, eggs are often produced in cruel conditions, with hens kept in cramped cages and given little opportunity to exercise or express natural behaviors.
As a result, more and more consumers are seeking out egg wash substitutes that are free from these animal products and cruelty. There are a number of options available on the market, including plant-based alternatives made from food waste products such as pea protein or chickpea flour.
Competitive Landscape
Companies are working on releasing innovative solutions to address the evolving needs of end users in the moderately fragmented market for egg wash alternatives. PURATOS and Bellarise are a couple of the major players in the market for egg substitutes.
To address the rising demand from the bread industry, major businesses that dominate the global market for egg wash alternatives are concentrating on releasing new products. Companies also provide certified Kosher, gluten-free, and free of GMO items that are fresh and healthful.
A positive market element is the rising consumer demand for clean-label and vegan products, particularly in industrialized nations. The businesses make Research and Development investments to develop innovative vegan alternatives for egg wash for various applications and to imitate the flavor of eggs in various products.
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Egg Wash Substitute Market Report Scope
Attribute
Details
Forecast Period
2022 to 2032
Historical Data Available for
2017 to 2022
Market Analysis
USD Million for Value and Units for Volume
Key Regions Covered
North America
Latin America
Europe
Asia Pacific
Middle East and Africa(MEA)
RoW
Key Countries Covered
USA
Canada
Germany
United Kingdom
France
Russia
Brazil
Argentina
Japan
Australia
China
India
Key Segments Covered
Form
Functionality
Application
Sales Channel
Region
Key Companies Profiled
PURATOS
Bellarine
Par-Way Tryson
Dawn Foods
Corbion
Agropur Ingredients
KMC
Zero Egg
Pak Group
Others
Report Coverage
Drivers, Restraints, Opportunities and Threats Analysis, Market Forecast, Company Share Analysis, Market Dynamics and Challenges, Competitive Landscape, and Strategic Growth Initiatives
Customization & Pricing
Available upon Request
Segmentation of Egg Wash Substitute Market
Segmentation by Form:
Liquid
Powder
Segmentation by Functionality:
Binder
Surface Browner
Sealer
Segmentation by Application:
Cakes
Donuts
Bread
Puffs Pastries
Rolls
Others
Segmentation by Sales Channel:
Online
Offline
Segmentation by Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa(MEA)
RoW
Frequently Asked Questions
What is the market size of Egg Wash Substitute?
The global Egg Wash Substitute market will reach a valuation of USD 1,224.9 Million by the end of 2022.
What is the USA, Egg Wash Substitute Market Outlook?
The USA. Egg Wash Substitute Market is contributing 33.7% of the total market share which is valued at around USD 412.8 Million.
Which are the major countries driving demand for Egg Wash Substitute Market?
USA, Canada, Mexico, Argentina, Brazil, Germany, United Kingdom, France, Italy, Russia, Spain China, Japan, India, and Australia are the major countries driving demand for Egg Wash Substitute Market.
What is the Germany, Egg Wash Substitute Market Outlook?
The Germany Egg Wash Substitute Market is contributing 29.9% of the total market share which values at USD 366.2 Million.
Who are the top 5 players operating in the market?
PURATOS, Bellarine, Par-Way Tryson, Dawn Foods, Corbion
Above are the top 5 market players in Egg Wash Substitute industry.
What is the contribution of Japan in Egg Wash Substitute market?
The Japan Egg Wash Substitute market contribution is 6.8% of the total market share.
At What Rate Will Egg Wash Substitute market grow in India?
The India Egg Wash Substitute market will grow at 4.6% CAGR between 2022 and 2032
What is the demand outlook forecast for the Egg Wash Substitute market?
The global Egg Wash Substitute market is forecasted to surpass USD 2,112.3 Million by the end of 2032.
