Plant-Based Egg Market Analysis, Technologies, & Forecasts
Market Definition
Eggs made from plants are an alternative to regular eggs. They are not made from hens; instead, they are made from raw plant materials such as algae, legumes, cereals, and others. Eggs made from plants perform similarly to traditional eggs. In place of traditional egg breakfast dishes such as omelets and scrambled eggs, among others, they are used. They can also be used in homemade baked goods, such as muffins and cakes. They support various processes, including stabilization, gelation, and emulsification.
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Plant-Based Egg Market Analysis and Size
The popularity of veganism is rising as environmental awareness among the general public rises. The rearing and social status of farm animals such as pigs, hens, cows, and goats influence the greenhouse effect. Customers are changing to a more plant-based diet due to climate awareness. Additionally, there have been advances in technology for plant-based substitutes, one of which is a plant-based egg.
Data Bridge Market Research analyses that the global plant-based egg market is expected to reach USD 9.02 billion by 2030, which was USD 1.99 billion in 2022, registering a CAGR of 20.78% during the forecast period of 2023 to 2030. 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.
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Global Plant-Based Egg Market Scope
The plant based egg market is segmented based on type, forms, source, function, application, category, nature, packaging type, distribution channel, and end use. 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.
Global Plant-Based Egg Market, By Type (Full Egg, White Egg, and Egg Yolk), Form (Powder, Liquid, and Others), Base Ingredient (Algal Flour, Wheat Flour, Soy Flour, Chia Seeds, Garbanzo Beans, Starch, Mung Beans, Pea, and Others), Function (Partial Egg Replacement, Full Egg Replacement, Egg Wash Substitute, and Others), Application (Breakfast, Bakery, Desserts, Convenience Foods, Others), Category (Conventional, Organic), Nature (GMO, and Non-GMO), Packaging Type (Bottles, Pouches, Tetra Packs, and Others), Distribution Channel (Store Based Retailer and Non-Store Based Retailer (Online), End Use (Food Processing Industry, Food Service Providers, Retail/Household) - Industry Trends and Forecast to 2030.
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