Europe Plant-Based Egg Replacers Market, By Type (White Egg Replacement, Egg Yolk Replacement and Complete Egg Replacement), Source (Soy Protein, Pea Protein, Flaxseed, Chia Seeds, Wheat Protein, Algal Flour, Tapioca Starch, Potato Starch, Arrowroot Starch, Fava Bean, Mung Bean, and Others), Gum Used (Xanthan Gum, Cellulose Gum, Tara Gum, Carrageenan and Others), Form (Powder, Liquid and Others), Function (Thickening, Glazing, Aeration and Batter Viscosity, Elasticity, Stability, Structure Retention and Others), Nature (GMO and Non-GMO), Category (Organic and Conventional), Application (Bakery and Savory Food), Industry Trends and Forecast to 2029
Market Analysis and Insights
Plant-based egg replacers are rich in calcium and vitamin B12 and contain low fat and zero cholesterol. Therefore, they are preferred by many consumers for the health benefits. Various manufacturers offer plant-based eggs in different packaging and prepared from plant sources such as cereals, legumes, algae, and others. Moreover, the growing demand for plant-based egg replacers among consumers owing to their health benefits coupled with the increasing trend of plant-based and vegan food are the key factors driving the global plant-based egg replacers market. However, a lack of awareness about plant-based food may hamper plant-based egg replacers market growth. Data Bridge Market Research analyses that the Europe plant-based egg replacers market will grow at a CAGR of 6.1% during the forecast period of 2022 to 2029.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019- 2014)
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Quantitative Units
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Revenue in Million, Volume in Tons, Pricing in USD
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Segments Covered
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By Type (White Egg Replacement, Egg Yolk Replacement and Complete Egg Replacement), Source (Soy Protein, Pea Protein, Flaxseed, Chia Seeds, Wheat Protein, Algal Flour, Tapioca Starch, Potato Starch, Arrowroot Starch, Fava Bean, Mung Bean, and Others), Gum Used (Xanthan Gum, Cellulose Gum, Tara Gum, Carrageenan and Others), Form (Powder, Liquid and Others), Function (Thickening, Glazing, Aeration and Batter Viscosity, Elasticity, Stability, Structure Retention and Others), Nature (GMO and Non-GMO), Category (Organic and Conventional), Application (Bakery and Savory Food)
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Countries Covered
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Germany, Spain, France, Italy, U.K., Netherlands, Belgium, Switzerland, Russia, Turkey and Rest of Europe
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Market Players Covered
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DuPont, Ingredion, MGP, Kerry, Tate & Lyle and corbion, among others
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Market Definition
The plant-based egg replacers only include commercial plant-based egg replacers. They have only those products that the manufacturers label as plant-based egg replacers or products for which the egg replacement is listed as one of the applications in their product descriptions. They are produced by plant-based raw materials such as protein isolates and concentrates, starches, legumes, cereals, and others. The plant-based egg replacers replicate almost all of the functionality of conventional eggs. Plant-Based egg replacers are simply intended to provide the binding properties needed for foods like cakes, muffins, and pancakes. They serve the purpose of stabilization, gelation, emulsification, and others. Plant-based eggs offer various health benefits, such as being cholesterol-free and allergen-free. Hence, they are opted for by the consumers suffering from health issues related to cholesterol or who suffer from egg allergy. Additionally, plant-based eggs offer high food safety as they are made from plant-based raw material and thus reduce the risk of food-borne illness. Moreover, they are environmentally sustainable.
Europe Plant-Based Egg Replacers Market Dynamics
Drivers
- Rising vegetarian, vegan and flexitarian population
The production of meat and other animal products has a significant environmental impact, ranging from the crops and water required to feed the animals to the transportation and other procedures from farm to fork. The massive grain feed required for meat production contributes significantly to deforestation, habitat loss, and species extinction.
For instance,
- According to the Veganuary campaign (where people eat vegan for January), it has been highest in 2021, with over 582,000 people signing up. Whereas, there were 400,000 participants in 2020, 250,000 in 2019, 168,500 in 2018, 59,500 in 2017, and 23,000 in 2016
Growing awareness regarding various health benefits of plant-based foods
Compared to omnivorous diet cancers (a diet that includes both plant foods and animal products), consumption of plant-based foods is associated with lower body weight and blood pressure, and a lower risk of chronic diseases such as heart disease, type 2 diabetes, and some cancers.
For instance,
- According to a study published in The Permanente Journal in 2016, plant-based diets have gone mainstream partly because the benefits have been widely established in several research studies. Furthermore, the recent trend indicates healthcare practitioners encourage plant-based eating. Incredible results have been observed in their patients
- Maya Feller, RD, CDN, a dietitian based in New York and the author of The Southern Comfort Food Diabetes Cookbook, says that plant-based foods are healthier and reduce human environmental impact. She also stated that many celebrities such as Beyoncé and Tom Brady are following a vegan diet to live healthier lives
Opportunity
- Shift of consumers towards clean label and plant-based products
These days, the global population is leaning toward plant-based, vegan, organic, and clean foods. Around the world, there is a rising demand for vegan and environmentally friendly products. Consumer preferences are shifting in response to the fast-paced world, which has resulted in an increase in individuals opting for plant-based food products, including plant-based egg replacers.
For instance,
- According to The Good Food Institute, the sales of plant-based food in the U.S. stood at USD 3.1 billion in 2017, with a growth rate of 8.1%. Also, 39% of Americans were trying to include more plant-based diets, which created a tremendous excellent opportunity for plant-based food manufacturers
Moreover, increasing awareness regarding the positive health benefits of consuming plant-based egg replacers and growing concern related to the environment is the primary factor influencing the purchase of plant-based eggs. Consumers’ are seeking egg-free options to avoid egg allergies and cholesterol and to support environmental-friendly and sustainable practices.
Hence, this movement in consumer inclinations toward plant-based and clean label products will likely boost the plant-based egg replacers market.
Restraint/Challenge
- Supply chain disruption due to Covid-19
COVID-19 has disrupted the supply chain and negatively impacted the plant-based egg replacers market worldwide. Disruptions have led to the delayed stock of the products and lower access supplies such as food products. With the persistence of COVID-19, there have been restrictions on transportation, import, and export of materials. Also, with the movement restriction on workers, the manufacturing of plant-based egg replacers has been affected due to which the demand for consumers has not been fulfilled. Also, with restrictions on import and export, it has been difficult for the manufacturers to supply the raw materials and their end products across countries, which has impacted the prices of plant-based products. Thus, with ongoing restrictions due to COVID-19, the supply chain of plant-based egg replacers has been disrupted, creating a major challenge for manufacturers.
- Complexity in the manufacturing process of plant-based egg replacers
There are certain complexities in the manufacturing of egg replacers for example- the challenge to be able to reproduce the technical properties of the egg white- foaming, coagulation, emulsifying - and at the same time to have an ingredient that could be used as an egg the same quantity in the same recipe. In addition, it is also essential for manufacturers to have a tasty result and, of course, to have the shortest list of plant-based and natural ingredients.
Furthermore, plant-based egg replacers lack the original egg flavor, so consumers may switch to other plant-based substitutes.
Consumers demand plant-based egg replacers to have the same taste and add the same texture to the bakery product as that plant-based egg replacers. As some egg replacers do not have the same flavor or binding properties as that original eggs, it forces bakery and confectionery manufacturers to opt for whole eggs instead of replacers.
As a result, the combination of all the factors above may restrict the growth of the plant-based egg replacers market over the coming years.
Post COVID-19 Impact Europe Plant-Based Egg Replacers Market
Pandemic has taken a toll on every aspect of life, including the global economy. With the significant downfalls in many sectors, a collaborative effort of government, industry players, and consumers can win the fight against COVID-19. The general public health measures include awareness about home isolation, keeping up with the food and medical supplies, particularly for underprivileged people, is carefully followed by governments worldwide. Consumer awareness about high immunity has become a legitimate concern during these pandemic circumstances.
Consumers have been shifting their buying presences from offline to online retail to maintain social distancing. Lockdown, mostly all over the world, has disrupted the supply and demand chain. All sectors, including plant-based eggs, have to suffer from various problems such as labor unavailability, inability to access markets, and lack of resources and raw materials. Still, the situation is improving as the restrictions have been lifted in many countries, and the supply chain issues have been sorted out. Therefore, the plant-based egg replacers market will grow significantly in the coming years due to the improved supply chain.
Recent Developments
- In August 2020, Alternative Foods launched the plant-based liquid egg alternative in U.K. supermarkets. It is the first-ever patented product to replace liquid eggs in baking
- In June 2020, Veggletto Company Pty Ltd launched the Veggletto system, which is a break-through innovation for egg-alternative cooking
Europe Plant-Based Egg Replacers Market Scope
The Europe plant-based egg replacers market is segmented into type, source, gum used, form, function, nature, category and application. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Type
- White Egg Replacement
- Egg Yolk Replacement
- Complete Egg Replacement
On the basis of type, the Europe plant-based egg replacers market is segmented into white egg replacement, egg yolk replacement and complete egg replacement.
Source
- Soy Protein
- Pea Protein
- Flaxseed
- Chia Seeds
- Wheat Protein
- Algal Flour
- Tapioca Starch
- Potato Starch
- Arrowroot Starch
- Fava Bean
- Mung Bean
- Others
On the basis of source, the Europe plant-based egg replacers market is segmented into soy protein, pea protein, flaxseed, chia seeds, wheat protein, algal flour, tapioca starch, potato starch, arrowroot starch, fava bean, mung bean and others.
Gum Used
- Xanthan Gum
- Cellulose Gum
- Tara Gum
- Carrageenan
- Others
On the basis of gum used, the Europe plant-based egg replacers market is segmented into xanthan gum, cellulose gum, tara gum, carrageenan and others.
Form
- Powder
- Liquid
On the basis of form, the Europe plant-based egg replacers market is segmented into powder and liquid.
Function
- Thickening
- Glazing
- Aeration And Batter Viscocity
- Elasticity
- Stability
- Structure Retention
- Others
On the basis of function, the Europe plant-based egg replacers market is segmented into thickening, glazing, aeration and batter viscocity, elasticity, stability, structure retention and others.
Nature
- GMO
- Non-GMO
On the basis of nature, the Europe plant-based egg replacers market is segmented into GMO and non-GMO.
Category
- Organic
- Conventional
On the basis of category, the Europe plant-based egg replacers market is segmented into organic and conventional.
Application
- Bakery
- Savory food
On the basis of application, the Europe plant-based egg replacers market is segmented into bakery and savory food.
Europe Plant-Based Egg Replacers Markets Regional Analysis/Insights
The Europe plant-based egg replacers markets were analyzed, and market size insights and trends are provided based on as referenced above.
The countries covered in the Europe plant-based egg replacers markets report are Germany, Spain, France, Italy, the U.K., Netherlands, Belgium, Switzerland, Russia, Turkey and the rest of Europe.
The U.K. dominates the Europe plant-based egg replacers marketing terms of market share and market revenue and will continue to flourish its dominance during the forecast period. The increasing risk of allergens in conventional eggs has increased veganism in the U.K. In turn, gas helped the market grow in the country.
The country section of the report also provides individual market impacting factors and changes in regulations in the market that affect the current and future trends of the market. Data points, such as new and replacement sales, country demographics, disease epidemiology, and import-export tariffs, are some of the major pointers used to forecast the market scenario for individual countries. In addition, the presence and availability of Europe brands and their challenges faced due to high competition from local and domestic brands, and the impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Plant-Based Egg Replacers Market Share Analysis
The Europe plant-based egg replacers market competitive landscape provides details by the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, and application dominance. The above data points provided are only related to the companies' focus on Europe plant-based egg replacers market.
Some of the major players in Europe are DuPont, Ingredion, MGP, Kerry, Tate & Lyle and corbion among others.
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Europe Vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
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