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Report Overview
The global vegan egg substitute market attained a value of nearly USD 1.3 billion in 2023. The market is further expected to grow at a CAGR of 5.6% during the forecast period of 2024-2032 to reach a value of USD 2.1 billion by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Leading Companies in the Vegan Egg Substitute Market
The companies specialise in starches, sweeteners, and ingredients for food, beverage, and industrial uses, focusing on innovation and sustainability to provide tailored solutions that enhance product performance across various industries.
- Glanbia plc
- Ingredion Incorporated
- Cargill, Incorporated
- Bob's Red Mill Natural Foods, Inc.
- House Foods America Corporation
Vegan Egg Substitute Market Report Snapshots
Vegan Egg Substitute Market Size
Vegan Egg Substitute Market Growth
Vegan Egg Substitute Market Trends
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global vegan substitute market value is projected to grow at a CAGR of 5.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 2.1 billion by 2032.
The major drivers of the market are rising disposable incomes, increasing awareness regarding environmental sustainability, and the shift of consumers towards vegan diets.
The key trends guiding the growth of the market include rising allergenicity and increasing shift to vegetarian and vegan diets.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The market is broken down into solid and liquid.
The significant types of vegan egg substitute in the market are starch, algae flour, and soy-based, among others.
The major applications in the market are bakery, confectionery, desserts, convenience food, and others.
The competitive landscape consists of Glanbia plc, Ingredion Incorporated, Cargill, Incorporated, Bob's Red Mill Natural Foods, Inc., and House Foods America Corporation, among others.
In 2023, the market reached a value of approximately USD 1.3 billion.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124