Global Egg Yolk Replacer Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 3,009.18 Billion |
Market Size (Forecast Year) |
USD 4,295.77 Billion |
CAGR |
|
Major Markets Players |
Global Egg Yolk Replacer Market, By Form (Dry, Liquid), Source (Plant, Animal), Ingredient (Dairy Proteins, Starch, Algal Flour, Soy-based Products), Application (Bakery & Confectionery, Savouries, Sauces, Dressings & Spreads) - Industry Trends and Forecast to 2030.
Egg Yolk Replacer Market Analysis and Size
The essential factors contributing to the growth of the global egg yolk replacer market in the forecast period of 2023 to 2030 include the rise in the risk of cardiovascular diseases. Also, the increase in the prices of eggs is significantly contributing to the market’s growth. Egg yolk replacers offer a more stable and budget-friendly ingredient for producing various products. When egg prices surge, companies may switch to these replacers to maintain profit margins.
Data Bridge Market Research analyses that the global egg yolk replacer market, which was USD 3,009.18 million in 2022, is expected to reach USD 4,295.77 million by 2030, growing at a CAGR of 4.55% during the forecast period of 2023 to 2030. In 2023, the plant segment is expected to dominate the market due to the rising egg prices and consumer shift towards a healthier lifestyle. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Egg Yolk Replacer Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Billion |
Segments Covered |
Form (Dry, Liquid), Source (Plant, Animal), Ingredient (Dairy Proteins, Starch, Algal Flour, Soy-based Products), Application (Bakery & Confectionery, Savouries, Sauces, Dressings & Spreads) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and rest of Middle East and Africa |
Market Players Covered |
Cargill, Incorporated (U.S.), Arla Foods Ingredients Group (Denmark), Ingredion Incorporated (U.S.), Glanbia plc (Ireland), Tate & Lyle (U.K.), PURATOS (Belgium), Corbion (Netherlands), M.G.P. (U.S.), Fiberstar, Inc. (U.S.), Danone (France), All American Foods (U.S.), ORGRAN (Australia), Orkla (Norway) and Ener-G Foods (U.S.) among others |
Market Opportunities |
|
Market Definition
Egg replacers are defined as the type of ingredients or a group of components that work together to replicate the effect of an egg in a recipe by providing similar properties. Egg replacers are designed to help manufacturers overcome rising egg white costs and increase profitability by encouraging reduced egg white baked goods with better appearance and texture.
Egg Yolk Replacer Market Dynamics
Drivers
- Rise in the Risk of Cardiovascular Diseases
The increasing risk of cardiovascular diseases has prompted greater health consciousness. Consumers are seeking alternatives to egg yolks, associated with cholesterol and saturated fats, both cardiovascular disease risk factors. This trend fuels demand for egg yolk replacers as healthier options. Food manufacturers are also responding to dietary restrictions and health guidelines, creating a market for heart-friendlier products and promoting the adoption of egg yolk substitutes.
- Increase in the Prices of Eggs
Rising egg prices can drive the egg yolk replacer market as higher egg costs prompt food manufacturers to seek cost-effective alternatives. Egg yolk replacers offer a more stable and budget-friendly ingredient for producing various products. When egg prices surge, companies may switch to these replacers to maintain profit margins. In addition, the economic stability of replacers can make them an appealing long-term alternative, guaranteeing a consistent supply for the food industry while reducing the impact of fluctuating egg prices.
Opportunities
- Increase in the Technological Advancements and Modernization in the Market
Technological advancements and market modernization present opportunities in the market by enabling the development of more effective and versatile egg yolk substitutes. Advanced processes and ingredients can enhance the taste and functionality of replacers, making them more appealing to consumers. Moreover, modern marketing and distribution channels can help reach a wider audience. These innovations can foster growth by meeting consumer demands for convenient, sustainable, and high-quality egg yolk alternatives, expanding the market's reach and profitability.
- Rise in the R&D Activities
Increased research and development activities offer significant opportunities in the egg yolk replacer market. R&D efforts can lead to the creation of more effective, healthier, and sustainable egg yolk substitutes that cater to evolving consumer preferences. This innovation can drive product differentiation and market growth, as manufacturers can offer unique, high-quality alternatives to traditional egg yolks. Moreover, ongoing R&D can enhance these replacers' functionality and nutritional profile, making them more appealing to a broader consumer base.
Restraint/Challenge
- Rise in the Cost of R&D Activities
An increase in the cost of R&D activities can act as a restraint in the market. Higher R&D expenses may increase product pricing, limiting accessibility to egg yolk replacers. Smaller companies might struggle to compete due to financial constraints. In addition, elevated R&D costs can deter innovation, slowing the development of more cost-effective and efficient egg yolk substitutes, potentially impeding market growth, and limiting options for consumers.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market. It delivers information by considering the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Egg Yolk Replacer Market Scope
The global egg yolk replacer market is segmented on the basis of form, source, ingredient, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Form
- Dry
- Liquid
Source
- Plant
- Animal
Ingredient
- Dairy Proteins
- Starch
- Algal Flour
- Soy-based Products
Application
- Bakery & Confectionery
- Savouries
- Sauces
- Dressings & Spreads
Global Egg Yolk Replacer Market Regional Analysis/Insights
The global egg yolk replacer market is analyzed and market size insights and trends are provided by country, form, source, ingredient, and application as referenced above.
The countries covered in the global egg yolk replacer market report are U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, rest of Middle East and Africa.
Asia-Pacific is expected to dominate the market due to rise in the demand for egg replacers in bakery and other industries and increase in the growth in concerns regarding the adverse impacts of eggs in this region. Europe is expected to grow at the fastest rate during the forecast period of 2023 to 2030 due to increasing awareness regarding cardiovascular disease in the region.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Egg Yolk Replacer Market Share Analysis
The global egg yolk replacer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global 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 related to the market.
Some of the major players operating in the global egg yolk replacer market are:
- Cargill, Incorporated (U.S.)
- Arla Foods Ingredients Group (Denmark)
- Ingredion Incorporated (U.S.)
- Glanbia plc (Ireland)
- Tate & Lyle (U.K.)
- PURATOS (Belgium)
- Corbion (Netherlands)
- MGP (U.S.)
- Fiberstar , Inc. (U.S.)
- Danone (France)
- All American Foods (U.S.)
- ORGRAN (Australia)
- Orkla (Norway)
- Ener-G Foods (U.S.)
SKU-
Get online access to the report on the World's First Market Intelligence Cloud
- Interactive Data Analysis Dashboard
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.