The Global Egg Substitutes Market size is expected to reach $4.1 billion by 2031, rising at a market growth of 16.4% CAGR during the forecast period.
The rising demand for these substitutes in North America reflects broader trends toward health and wellness, sustainability, and alternative diets. An important factor promoting the use of these substitutes is the prevalence of egg allergies, which are relatively common in North America, especially among children. Consequently, the North America region generated 34.2% revenue share of the market in 2023. The region's inclination towards health and wellness trends has seen consumers actively seeking alternatives that offer health benefits without compromising taste or convenience.
The trend toward vegan and vegetarian lifestyles is driven by various factors, including health, environmental, and ethical considerations. Plant-based options like tofu, aquafaba (chickpea brine), and various plant proteins are used as alternatives in baking, cooking, and other culinary applications. Thus, this development will aid the market's growth in the coming years. Additionally, Ongoing research and development efforts have focused on improving these substitutes' texture, flavor, and nutritional profile, making them more appealing to consumers. One key advancement in these substitutes is the development of plant-based options that closely resemble the taste and texture of eggs. Ingredients such as soy, pea, and chickpea flour create these substitutes for baking, cooking, and other culinary applications. These plant-based alternatives offer a cruelty-free and sustainable option and cater to consumers with dietary restrictions or preferences. Hence, technological advancements have driven these substitutes' acceptance and market growth.
However, Real eggs are a longstanding and familiar ingredient in many culinary traditions, offering a natural source of protein and nutrients at an affordable price point. The familiarity and perceived nutritional value of real eggs can make them a preferred choice for many consumers, limiting the growth potential of these substitutes. One of the key factors driving competition from real eggs is their widespread availability and accessibility. Real eggs are a staple in grocery stores and markets worldwide, making them easily accessible to consumers. Hence, these factors may hamper the growth of the market.
Form Outlook
Based on form, the market is bifurcated into dry and liquid. The dry segment garnered 57.1% revenue share in the market in 2023. This segment includes powdered egg replacers made from ingredients like starches, leavening agents, and other plant-based ingredients. Unlike fresh eggs, which have a limited shelf life and require refrigeration, dry egg substitutes can be stored at room temperature for extended periods, making them more convenient for consumers. As consumer demand for these products grows, the dry segment is expected to expand further in the coming years.
Distribution Channel Outlook
By distribution channel, the market is divided into online stores, supermarkets & hypermarkets, convenience stores, and specialty stores. The online stores segment garnered a 16% revenue share in the market in 2023. Online shopping offers convenience, allowing consumers to browse and purchase these substitutes from the comfort of their homes or on-the-go using mobile devices. This convenience particularly appeals to busy consumers looking for quick, easy shopping solutions. Moreover, online stores often offer various these substitutes, including different brands, flavors, and types (liquid or powdered). This variety allows consumers to explore and choose products that suit their dietary preferences and needs.
Application Outlook
On the basis of application, the market is segmented into bakery & confectionery, savories, sauces, and dressings & spreads. The bakery & confectionery segment acquired 42.86% revenue share in the market in 2023. Urbanization has led to busier lifestyles, increasing the demand for convenient and ready-to-eat food options like pastries, cakes, and chocolates. There is a growing demand for premium and artisanal bakery and confectionery products, driven by consumers' desire for unique and high-quality offerings.
Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region acquired a 29% revenue share in the market in 2023. The region's growing population and urbanization have led to changes in dietary habits, with consumers seeking convenient and healthier food options. These substitutes offer a convenient and versatile alternative to traditional eggs in cooking and baking. Additionally, manufacturers in Asia Pacific are introducing new and innovative egg substitute products to cater to consumers' changing preferences.
Recent Strategies Deployed in the Market
- Apr-2024: Arla Foods, Inc. signed an agreement to acquire the whey nutrition business of Volac International Limited, a food and beverage manufacturing company. With this acquisition, Arla Foods will expand its presence in the performance nutrition market, and the acquisition includes Volac Whey Nutrition Holdings Limited and its subsidiaries, Volac Whey Nutrition Limited and Volac Renewable Energy Limited.
- Apr-2024: Cargill, Inc., came into partnership with Voyage Foods, Inc., a food technology company. Under this partnership, Cargill will act as the worldwide distributor for Voyage Foods products, which offer cocoa-free options like nut-free and vegan alternatives such as their chocolate-style hazelnut-free spread.
- Jun-2023: Kerry Group launched Biobake EgR, an enzyme solution that decreases the number of eggs needed in a variety of baking applications. The product is made for baked goods manufacturers to manage the rising costs of eggs, a key ingredient. Moreover, it allows European manufacturers to switch from using eggs from caged hens to those from free-range or organic ones without paying more.
- Sep-2022: Ingredion Incorporated expanded its footprints with the inauguration of a production facility in Shandong, China. Through this expansion, Ingredion doubled its starch manufacturing capability and capacity in the country. Additionally, designed to export high-quality products worldwide, the Shandong South facility will support Ingredion's growth in the Chinese market.
- May-2022: Tate & Lyle plc completed the acquisition of Nutriati Inc., a plant-based food and beverage ingredient company. Under this acquisition, Tate & Lyle enhanced its capabilities in the market for chickpea-based proteins and further strengthened its presence with several key members of the Nutriati.
List of Key Companies Profiled
- Fiberstar, Inc.
- Florida Food Products, LLC (Ardian France S.A.)
- Glanbia plc
- Tate & Lyle PLC
- Ingredion Incorporated
- Corbion N.V.
- Arla Foods, Inc.
- Kerry Group PLC
- MGP Ingredients, Inc.
- Cargill, Incorporated
Global Egg Substitutes Market Report Segmentation
By Form
By Distribution Channel
- Hypermarkets & Supermarkets
- Specialty Stores
- Convenience Stores
- Online Stores
By Application
- Bakery & Confectionery
- Dressings & Spreads
- Savories
- Sauces
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Global Egg Substitutes Market, by Form
- 1.4.2Global Egg Substitutes Market, by Distribution Channel
- 1.4.3Global Egg Substitutes Market, by Application
- 1.4.4Global Egg Substitutes Market, by Geography
- 1.5Methodology for the research
Chapter 2.Market at a Glance
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter Five Forces Analysis
Chapter 4.Global Egg Substitutes Market by Form
- 4.1Global Dry Market by Region
- 4.2Global Liquid Market by Region
Chapter 5.Global Egg Substitutes Market by Distribution Channel
- 5.1Global Hypermarkets & Supermarkets Market by Region
- 5.2Global Specialty Stores Market by Region
- 5.3Global Convenience Stores Market by Region
- 5.4Global Online Stores Market by Region
Chapter 6.Global Egg Substitutes Market by Application
- 6.1Global Bakery & Confectionery Market by Region
- 6.2Global Dressings & Spreads Market by Region
- 6.3Global Savories Market by Region
- 6.4Global Sauces Market by Region
Chapter 7.Global Egg Substitutes Market by Region
- 7.1North America Egg Substitutes Market
- 7.1.1North America Egg Substitutes Market by Form
- 7.1.1.1North America Dry Market by Country
- 7.1.1.2North America Liquid Market by Country
- 7.1.2North America Egg Substitutes Market by Distribution Channel
- 7.1.2.1North America Hypermarkets & Supermarkets Market by Country
- 7.1.2.2North America Specialty Stores Market by Country
- 7.1.2.3North America Convenience Stores Market by Country
- 7.1.2.4North America Online Stores Market by Country
- 7.1.3North America Egg Substitutes Market by Application
- 7.1.3.1North America Bakery & Confectionery Market by Country
- 7.1.3.2North America Dressings & Spreads Market by Country
- 7.1.3.3North America Savories Market by Country
- 7.1.3.4North America Sauces Market by Country
- 7.1.4North America Egg Substitutes Market by Country
- 7.1.4.1US Egg Substitutes Market
- 7.1.4.1.1US Egg Substitutes Market by Form
- 7.1.4.1.2US Egg Substitutes Market by Distribution Channel
- 7.1.4.1.3US Egg Substitutes Market by Application
- 7.1.4.2Canada Egg Substitutes Market
- 7.1.4.2.1Canada Egg Substitutes Market by Form
- 7.1.4.2.2Canada Egg Substitutes Market by Distribution Channel
- 7.1.4.2.3Canada Egg Substitutes Market by Application
- 7.1.4.3Mexico Egg Substitutes Market
- 7.1.4.3.1Mexico Egg Substitutes Market by Form
- 7.1.4.3.2Mexico Egg Substitutes Market by Distribution Channel
- 7.1.4.3.3Mexico Egg Substitutes Market by Application
- 7.1.4.4Rest of North America Egg Substitutes Market
- 7.1.4.4.1Rest of North America Egg Substitutes Market by Form
- 7.1.4.4.2Rest of North America Egg Substitutes Market by Distribution Channel
- 7.1.4.4.3Rest of North America Egg Substitutes Market by Application
- 7.2Europe Egg Substitutes Market
- 7.2.1Europe Egg Substitutes Market by Form
- 7.2.1.1Europe Dry Market by Country
- 7.2.1.2Europe Liquid Market by Country
- 7.2.2Europe Egg Substitutes Market by Distribution Channel
- 7.2.2.1Europe Hypermarkets & Supermarkets Market by Country
- 7.2.2.2Europe Specialty Stores Market by Country
- 7.2.2.3Europe Convenience Stores Market by Country
- 7.2.2.4Europe Online Stores Market by Country
- 7.2.3Europe Egg Substitutes Market by Application
- 7.2.3.1Europe Bakery & Confectionery Market by Country
- 7.2.3.2Europe Dressings & Spreads Market by Country
- 7.2.3.3Europe Savories Market by Country
- 7.2.3.4Europe Sauces Market by Country
- 7.2.4Europe Egg Substitutes Market by Country
- 7.2.4.1Germany Egg Substitutes Market
- 7.2.4.1.1Germany Egg Substitutes Market by Form
- 7.2.4.1.2Germany Egg Substitutes Market by Distribution Channel
- 7.2.4.1.3Germany Egg Substitutes Market by Application
- 7.2.4.2UK Egg Substitutes Market
- 7.2.4.2.1UK Egg Substitutes Market by Form
- 7.2.4.2.2UK Egg Substitutes Market by Distribution Channel
- 7.2.4.2.3UK Egg Substitutes Market by Application
- 7.2.4.3France Egg Substitutes Market
- 7.2.4.3.1France Egg Substitutes Market by Form
- 7.2.4.3.2France Egg Substitutes Market by Distribution Channel
- 7.2.4.3.3France Egg Substitutes Market by Application
- 7.2.4.4Russia Egg Substitutes Market
- 7.2.4.4.1Russia Egg Substitutes Market by Form
- 7.2.4.4.2Russia Egg Substitutes Market by Distribution Channel
- 7.2.4.4.3Russia Egg Substitutes Market by Application
- 7.2.4.5Spain Egg Substitutes Market
- 7.2.4.5.1Spain Egg Substitutes Market by Form
- 7.2.4.5.2Spain Egg Substitutes Market by Distribution Channel
- 7.2.4.5.3Spain Egg Substitutes Market by Application
- 7.2.4.6Italy Egg Substitutes Market
- 7.2.4.6.1Italy Egg Substitutes Market by Form
- 7.2.4.6.2Italy Egg Substitutes Market by Distribution Channel
- 7.2.4.6.3Italy Egg Substitutes Market by Application
- 7.2.4.7Rest of Europe Egg Substitutes Market
- 7.2.4.7.1Rest of Europe Egg Substitutes Market by Form
- 7.2.4.7.2Rest of Europe Egg Substitutes Market by Distribution Channel
- 7.2.4.7.3Rest of Europe Egg Substitutes Market by Application
- 7.3Asia Pacific Egg Substitutes Market
- 7.3.1Asia Pacific Egg Substitutes Market by Form
- 7.3.1.1Asia Pacific Dry Market by Country
- 7.3.1.2Asia Pacific Liquid Market by Country
- 7.3.2Asia Pacific Egg Substitutes Market by Distribution Channel
- 7.3.2.1Asia Pacific Hypermarkets & Supermarkets Market by Country
- 7.3.2.2Asia Pacific Specialty Stores Market by Country
- 7.3.2.3Asia Pacific Convenience Stores Market by Country
- 7.3.2.4Asia Pacific Online Stores Market by Country
- 7.3.3Asia Pacific Egg Substitutes Market by Application
- 7.3.3.1Asia Pacific Bakery & Confectionery Market by Country
- 7.3.3.2Asia Pacific Dressings & Spreads Market by Country
- 7.3.3.3Asia Pacific Savories Market by Country
- 7.3.3.4Asia Pacific Sauces Market by Country
- 7.3.4Asia Pacific Egg Substitutes Market by Country
- 7.3.4.1China Egg Substitutes Market
- 7.3.4.1.1China Egg Substitutes Market by Form
- 7.3.4.1.2China Egg Substitutes Market by Distribution Channel
- 7.3.4.1.3China Egg Substitutes Market by Application
- 7.3.4.2Japan Egg Substitutes Market
- 7.3.4.2.1Japan Egg Substitutes Market by Form
- 7.3.4.2.2Japan Egg Substitutes Market by Distribution Channel
- 7.3.4.2.3Japan Egg Substitutes Market by Application
- 7.3.4.3India Egg Substitutes Market
- 7.3.4.3.1India Egg Substitutes Market by Form
- 7.3.4.3.2India Egg Substitutes Market by Distribution Channel
- 7.3.4.3.3India Egg Substitutes Market by Application
- 7.3.4.4South Korea Egg Substitutes Market
- 7.3.4.4.1South Korea Egg Substitutes Market by Form
- 7.3.4.4.2South Korea Egg Substitutes Market by Distribution Channel
- 7.3.4.4.3South Korea Egg Substitutes Market by Application
- 7.3.4.5Singapore Egg Substitutes Market
- 7.3.4.5.1Singapore Egg Substitutes Market by Form
- 7.3.4.5.2Singapore Egg Substitutes Market by Distribution Channel
- 7.3.4.5.3Singapore Egg Substitutes Market by Application
- 7.3.4.6Malaysia Egg Substitutes Market
- 7.3.4.6.1Malaysia Egg Substitutes Market by Form
- 7.3.4.6.2Malaysia Egg Substitutes Market by Distribution Channel
- 7.3.4.6.3Malaysia Egg Substitutes Market by Application
- 7.3.4.7Rest of Asia Pacific Egg Substitutes Market
- 7.3.4.7.1Rest of Asia Pacific Egg Substitutes Market by Form
- 7.3.4.7.2Rest of Asia Pacific Egg Substitutes Market by Distribution Channel
- 7.3.4.7.3Rest of Asia Pacific Egg Substitutes Market by Application
- 7.4LAMEA Egg Substitutes Market
- 7.4.1LAMEA Egg Substitutes Market by Form
- 7.4.1.1LAMEA Dry Market by Country
- 7.4.1.2LAMEA Liquid Market by Country
- 7.4.2LAMEA Egg Substitutes Market by Distribution Channel
- 7.4.2.1LAMEA Hypermarkets & Supermarkets Market by Country
- 7.4.2.2LAMEA Specialty Stores Market by Country
- 7.4.2.3LAMEA Convenience Stores Market by Country
- 7.4.2.4LAMEA Online Stores Market by Country
- 7.4.3LAMEA Egg Substitutes Market by Application
- 7.4.3.1LAMEA Bakery & Confectionery Market by Country
- 7.4.3.2LAMEA Dressings & Spreads Market by Country
- 7.4.3.3LAMEA Savories Market by Country
- 7.4.3.4LAMEA Sauces Market by Country
- 7.4.4LAMEA Egg Substitutes Market by Country
- 7.4.4.1Brazil Egg Substitutes Market
- 7.4.4.1.1Brazil Egg Substitutes Market by Form
- 7.4.4.1.2Brazil Egg Substitutes Market by Distribution Channel
- 7.4.4.1.3Brazil Egg Substitutes Market by Application
- 7.4.4.2Argentina Egg Substitutes Market
- 7.4.4.2.1Argentina Egg Substitutes Market by Form
- 7.4.4.2.2Argentina Egg Substitutes Market by Distribution Channel
- 7.4.4.2.3Argentina Egg Substitutes Market by Application
- 7.4.4.3UAE Egg Substitutes Market
- 7.4.4.3.1UAE Egg Substitutes Market by Form
- 7.4.4.3.2UAE Egg Substitutes Market by Distribution Channel
- 7.4.4.3.3UAE Egg Substitutes Market by Application
- 7.4.4.4Saudi Arabia Egg Substitutes Market
- 7.4.4.4.1Saudi Arabia Egg Substitutes Market by Form
- 7.4.4.4.2Saudi Arabia Egg Substitutes Market by Distribution Channel
- 7.4.4.4.3Saudi Arabia Egg Substitutes Market by Application
- 7.4.4.5South Africa Egg Substitutes Market
- 7.4.4.5.1South Africa Egg Substitutes Market by Form
- 7.4.4.5.2South Africa Egg Substitutes Market by Distribution Channel
- 7.4.4.5.3South Africa Egg Substitutes Market by Application
- 7.4.4.6Nigeria Egg Substitutes Market
- 7.4.4.6.1Nigeria Egg Substitutes Market by Form
- 7.4.4.6.2Nigeria Egg Substitutes Market by Distribution Channel
- 7.4.4.6.3Nigeria Egg Substitutes Market by Application
- 7.4.4.7Rest of LAMEA Egg Substitutes Market
- 7.4.4.7.1Rest of LAMEA Egg Substitutes Market by Form
- 7.4.4.7.2Rest of LAMEA Egg Substitutes Market by Distribution Channel
- 7.4.4.7.3Rest of LAMEA Egg Substitutes Market by Application
Chapter 8.Company Profiles
- 8.1Fiberstar, Inc.
- 8.2Florida Food Products, LLC (Ardian France S.A.)
- 8.3Glanbia plc
- 8.3.1Company Overview
- 8.3.2Financial Analysis
- 8.3.3Segmental and Regional Analysis
- 8.3.4Research & Development Expenses
- 8.4Tate & Lyle PLC
- 8.4.1Company Overview
- 8.4.2Financial Analysis
- 8.4.3Segmental & Regional Analysis
- 8.4.4Research & Development Expense
- 8.4.5Recent strategies and developments:
- 8.4.5.1Acquisition and Mergers:
- 8.4.6SWOT Analysis
- 8.5Ingredion Incorporated
- 8.5.1Company Overview
- 8.5.2Financial Analysis
- 8.5.3Regional Analysis
- 8.5.4Research & Development Expenses
- 8.5.5Recent strategies and developments:
- 8.5.5.1Geographical Expansions:
- 8.5.6SWOT Analysis
- 8.6Corbion N.V.
- 8.6.1Company Overview
- 8.6.2Financial Analysis
- 8.6.3Segmental and Regional Analysis
- 8.6.4Research & Development Expense
- 8.6.5SWOT Analysis
- 8.7Arla Foods, Inc.
- 8.7.1Company Overview
- 8.7.2Financial Analysis
- 8.7.3Regional Analysis
- 8.7.4Research & Development Expense
- 8.7.5Recent strategies and developments:
- 8.7.5.1Acquisition and Mergers:
- 8.7.6SWOT Analysis
- 8.8Kerry Group PLC
- 8.8.1Company Overview
- 8.8.2Financial Analysis
- 8.8.3Segmental and Regional Analysis
- 8.8.4Research & Development Expenses
- 8.8.5Recent strategies and developments:
- 8.8.5.1Product Launches and Product Expansions:
- 8.8.6SWOT Analysis
- 8.9MGP Ingredients, Inc.
- 8.9.1Company Overview
- 8.9.2Financial Analysis
- 8.9.3Segmental and Regional Analysis
- 8.10.Cargill, Incorporated
- 8.10.1Company Overview
- 8.10.2Recent strategies and developments:
- 8.10.2.1Partnerships, Collaborations, and Agreements:
- 8.10.2.2Acquisition and Mergers:
- 8.10.3SWOT Analysis
Chapter 9.Winning Imperatives of Egg Substitutes Market