Egg Replacers Market Will Hit Big Revenues In Future
Egg replacers are ingredients used in food products to replace the functionality of eggs. They are commonly used in vegan and allergy-friendly recipes, as well as in products targeting health-conscious consumers. The global egg replacers market size is projected to reach USD 3.3 billion by 2029 from USD 2.3 billion by 2024, at a CAGR of 8.0% during the forecast period in terms of value....
Increasing Adoption of Vegan Diet to Drive the Egg Replacers Market Growth
The egg replacers market is projected to grow at a CAGR of 6.2% from 2017 to 2022, to reach a projected value of USD 1283.0 Million by 2022. Egg replacer products have become prominent in the recent years, due to the outbreak of avian flu in major regions such as North America and Europe. Also, the growth in inclination of consumers toward low fat and low cholesterol food products is fueling the demand...