Market Trends of Egg Replacers Industry
This section covers the major market trends shaping the Egg Replacers Market according to our research experts:
The use of Plant-based ingredients in Egg Replacers is Increasing
Around the world, more and more flexitarian consumers are looking for alternatives to dairy products. Plant-based proteins are the first choice of the vegan population. The growing demand for egg replacers led to the use of Potato isolate protein that has nearly similar gel strength to an egg. Manufacturers have also come up with soy-based egg replacement systems, which tend to be hydrophilic, even more so than eggs. Thus, the required quantity of these replacers over eggs is lesser for yielding the same properties.
Asia-Pacific is the Most Rapidly Growing Market of Egg Replacers
The Asia-Pacific region is anticipated to be the most rapidly growing market over the study period, owing to the growing demand for egg replacers in Bakery and other industries, and the low cholesterol level provided by egg replacers. Due to the risk of cardiovascular diseases and growth in concerns regarding the adverse impacts of eggs, China is gladly accepting the concept of egg replacers in the recipes.
The availability of cheap raw materials and low production costs in combination with liberal regulations make the Asia-Pacific region a better place to set up manufacturing units. The producers of these egg replacers can thus provide the products at affordable prices.
