North America Egg Replacers Market

North America Egg Replacers Market Size (2024 to 2029)

The North America egg replacers market size is expected to be worth USD 0.53 billion in 2024 and estimated to grow at a CAGR of 5.42%, to reach USD 0.70 billion by 2029. The North America Egg Replacers market is developing at an exceptionally quick pace. Egg replacers help in the replacing or reducing egg content in foods without changing the taste and look of the final item. These ingredients have extensive use in variety products like cakes, muffins, mayonnaise, chocolates, custard, ice-cream, and cookies etc. Most of these products are without any animal products, and hence are vegan and contain no cholesterol. There are also homemade substitutes like tofu, a variety of fruits, potato starch, mashed potato, baking powder, ground seeds, agar powder, chickpea flour etc.

MARKET DRIVERS

The significant driver is rising consumer awareness towards preventative healthcare and an inclination towards products with low cholesterol levels. Also change in lifestyles and rise in awareness of consumers regarding healthy eating habits, increase in adoption of a vegan diet, and avian flu outbreak developed and developing nations is boosting the industry. Also growing food and beverage industries are further expected to boost this industry.

This research report on the North America egg replacers market is segmented and sub-segmented into the following categories.

SEGMENTAL ANALYSIS

North America Egg Replacers Market By Application

• Bakery & Confectionery
• Savories
• Sauces
• Dressings & Spreads
• Others

The bakery & confectionery segment is estimated to dominate the egg replacers market in 2017.

North America Egg Replacers Market By Ingredients

• Dairy Proteins
• Starch
• Algal Flour
• Soy-Based Products
• Others

Dairy protein is estimated to be the largest segment in egg replacers market in 2017.

North America Egg Replacers Market By Source

• Plant
• Animal

North America Egg Replacers Market By Form

• Dry
• Liquid

Dry egg replacers accounted for the largest market share in 2016.

North America Egg Replacers Market By Region 

• US
• Canada
• Mexico
• Rest of North America

USA has the highest demand followed by Canada and Mexico. The North America region is largely driven by factors like long shelf life, and easy storability, dry egg replacers are the most preferred choice of food manufacturers.

KEY MARKET PLAYERS

Major Key Players in the North America Egg Replacers Market are Archer Daniels Midland Company (U.S.), Glanbia Plc (Ireland), Kerry Group (Ireland), Cargill (U.S.), Ingredion Incorporated (U.S.), and Corbion (Netherlands)