Vegan Egg Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented By Form (Powder, Liquid, Egg Shaped), Sources (Mung Beans, Soya Extracts, Legumes, Peas, and Others), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Online, and Others (Direct Sales, Distributors Sales, etc.)), By Region, Competition
Published Date: October - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationGlobal vegan egg market is expected to be driven by rising awareness about food-borne illnesses.
One of the primary factors driving the market growth is the fact that many people are unable to eat eggs due to religious reasons, but they crave the taste. They can satisfy their taste buds by eating scrambled eggs or vegetarian omelets (no animal torture or flesh involved). For the same reason, many people turn to vegetarian eggs. Furthermore, the demand for vegan egg substitutes is driven by a number of factors, some of which are more important to consumers and others of which are more important to food manufacturers.
However, ingredients made from plants have less of an environmental impact. Eat Just claims that compared to "traditional animal sources," its vegan liquid eggs consume 98 percent less water, 86 percent less land, and have a 93 percent lower carbon footprint. According to Simply Eggless, a different vegan egg manufacturer, their lupin bean-based eggs use 95% less water and have a 90% lower carbon footprint than their animal-based counterparts.
Rising Occurrence of Chronic Lifestyle Diseases Drive the Vegan Egg Sales
More and more people are turning to vegan eggs, and a big reason is growing awareness about foodborne illnesses. We're talking about things like salmonella, which can be found in chicken and often ends up in chicken eggs. And it's not just about food safety! A study in the Journal of the American Medical Association even questioned whether the cholesterol in eggs could increase the risk of heart disease and early death. Another large study found a link between eating whole eggs and a higher risk of heart disease, cancer, and, well, dying sooner. Apparently, for every extra 300 mg of cholesterol you eat daily, your risk of heart disease jumps by 16%, all-cause mortality by 19%, and cancer mortality by 24%! Considering that a chicken egg has about 186 mg of cholesterol, and vegan eggs are usually cholesterol-free, it's easy to see why people are making the switch to lower their cholesterol. That's a huge reason why the vegan egg market is taking off! You can find more information about heart health on sites like American Heart Association.
Growing Consumer Preference for Vegan Food Aids the Market Expansion.
Want vegan eggs? You're not alone! The demand for vegan processed foods is really boosting the vegan egg market. Think about itmore people are worried about allergens, want to be kinder to the planet, and are just plain switching to vegan diets. All this is fueling the growth! As more folks go plant-based, companies are stepping up to create egg substitutes. For example, in 2021, the American plant-based company Crafty Counter launched "Wundereggs," ready-to-eat vegan boiled eggs that are cholesterol-free and have about the same saturated fat as a regular egg. Meanwhile, the Israeli startup YO-Egg has developed hyper-realistic plant-based fried eggs. And who can forget JUST Egg, a well-known and popular vegan liquid egg alternative? It's clear that the increasing demand for vegan goodies and the shift away from poultry products are really contributing to the market's growth.
Despite the fact that lockdowns and shelter-at-home measures have had little impact on the market, sales are expected to increase throughout the assessment period as the vegan population grows.
Increasing Investment Boost the Vegan Egg Industry
As the demand for plant-based foods grows,
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Market Segmentation
Company Profiles
Eat Just, Inc., Evo Foodtech Private Limited, Crafty Counter, Roma Food Products (Orgran), Atlantic Natural Foods U.S. (neat), The Vegg New York, LLC, Terra Vegane Europe GmbH, Mantiqueira Alimentos Ltda, ZERO EGG FOOD INC., Wholesome Savour Pte Ltd, are among the major market players in the global platform that lead the market growth of the global vegan egg market.
| Attribute | Details |
| Base Year | 2022 |
| Historical Years | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2021 and 2023E-2028F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | FormSourcesDistribution ChannelRegion |
| Regional Scope | North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
| Country Scope | United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, China, Japan, India, Australia, South Korea, Saudi Arabia, UAE, Turkey, South Africa, Brazil, Argentina, Colombia |
| Key Companies Profiled | Eat Just, Inc., Evo Foodtech Private Limited, Crafty Counter, Roma Food Products (Orgran), Atlantic Natural Foods U.S. (neat), The Vegg New York, LLC, Terra Vegane Europe GmbH, Mantiqueira Alimentos Ltda, ZERO EGG FOOD INC., Wholesome Savour Pte Ltd |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail of customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
Report Scope
In this report, the global vegan egg market has been segmented into the following categories, in addition to the industry trends which have also been detailed below
- Vegan Egg Market, By Form
- Powder
- Liquid
- Egg Shaped
- Vegan Egg Market, By Sources
- Mung Beans
- Soya Extracts
- Legumes
- Peas
- Others
- Vegan Egg Market, By Distribution Channel
- Hypermarkets & Supermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
- Vegan Egg Market, By Region
- North America
- United States
- Canada
- Mexico
- Europe
- United Kingdom
- Germany
- France
- Spain
- Italy
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- Saudi Arabia
- UAE
- Turkey
- South Africa
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