세계의 계란 대체품 시장 : 예측(2022-2027년)
Global Egg Replacers Market - Forecasts from 2022 to 2027
세계의 계란 대체품 시장 규모는 2020년 10억 3,743만 1,000달러에서 2027년 15억 9,848만 7,000달러에 이르렀으며, CAGR 6.37% 성장이 예측되고 있습니다. 계란 알레르기가 있는 사람들과 어린이 증가가 시장을 활성화하고 있습니다.
전 세계의 계란 대체품(Egg Replacers) 시장을 조사 및 분석했으며, 시장 역학, 부문 분석, 지역 분석, 기업 프로필 등을 제공합니다.
The egg replacers market is projected to grow at a CAGR of 6.37% to reach US$1,598.487 million by 2027, from US$1,037.431 million in 2020.
The prevalence of individuals and children with egg allergies bolsters the egg replacers market.
According to the statistics provided by FARE (Food Allergy Research & Education), about 200,000 people require emergency medical care for allergic reactions to food in the US. According to research, it is estimated that approximately 30 million Americans have food allergies, including children under 18. Studies suggest that approximately 2.6 million individuals in the US are allergic to eggs. Food allergies are prevalent in other parts of the globe.
According to the information provided by Allergy and Anaphylaxis, food allergies are common in Australia, specifically among the younger population, affecting above 80% of infants aged 12 months. So in order to mitigate the risk, the consumption of eggs poses to individuals, the authorities have released regulations in order to check before consumption of a particular food item whether it contains eggs or not and must not be consumed by allergic individuals. Therefore, these factors are leading to increased demand for egg replacers or egg substitutes and boosting the market growth.
The rising trend of veganism and the awareness among individuals to lead a healthier lifestyle is leading to a surge in demand for egg replacers.
The awareness among individuals is rising to cut down the fat and cholesterol content in their diet to lead a comparatively healthier lifestyle. There are fats and cholesterol present in the egg yolk, which can lead to ill effects on health. In addition, the rapidly rising trend of veganism in different countries over the globe is gaining popularity and encouraging them to shift to plant-based egg alternatives and providing an option to the vegetarian communities to consume eggs and reap the health benefits and proteins eggs provide. These factors are therefore leading to an increased demand for egg replacers and are bolstering the market growth over the forecast period.
Product Launches by Major Market Players in the Egg Replacers MarketSpace
The launch of better and advanced varieties of egg replacers with enhanced and excellent product quality and nutritional contents, among other properties by existing and new players in different markets, is estimated to lead to increased adoption and propel the market growth further over the forecast period.
Some of the examples of product launches are as follows:
The North American region holds a considerable market share and the Asia Pacific region to witness a significant growth
The North American region is expected to hold a considerable share over the forecast period owing to the increasing number of vegan individuals in the countries such as the US and Canada and the simultaneous surge in efforts to increase the awareness of alternative proteins.
The Asia Pacific region is anticipated to witness stable market growth over the forecast owing to the slow-moving trend of veganism. Moreover, initiatives are being taken by college students in order to support the ongoing trend of veganism and cater to the increasing demand and vegan population in countries such as India. For example, In September 2019, Students from IIT-Delhi, which is one of the most prestigious engineering colleges in India, announced that they had developed a plant-based egg in order to replace the poultry eggs. The egg has been made using moong daal (split green gram pulses) and is free from cholesterol and gluten. This product was showcased at the Industry Day event at IIT-Delhi, which is graced by over 100 industry players.
Impact of the COVID-19 pandemic
The COVID-19 outbreak led to a massive slowdown in the global economy, owing to the suspension of major industries and activities. The egg replacers market also faced a decline in sales initially, owing to the disruptions in supply and production lines. However, the market demand soon increased, owing to the rise in demand for healthy and vegan food products. Increasing cases of heart diseases and high blood pressure also resulted in an increase in demand for egg substitutes, since most plant-based eggs contain no cholesterol and very little fat, as compared to poultry eggs. Government initiatives also helped in driving the market demand during the pandemic. Moreover, with the withdrawal of COVID-19 protocols and the increasing cases of allergies among the people, the market demand is expected to increase substantially in the forecasted period.
Bakery and Desserts
Food and Beverage
Middle East and Africa