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 CustomizationVegan 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
Global 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
The vegan egg industry is also progressing due to growing public awareness of a variety of food-borne illnesses that are communicable, such as the salmonella bacterium, which is prevalent in chicken and is frequently transferred to eggs. A study published in the Journal of the American Medical Association looked into whether consuming dietary cholesterol from eggs increased the risk of cardiovascular disease and all-cause mortality. The eating of whole eggs is related with a higher risk of cardiovascular disease, cancer, and all-cause death, according to another sizable prospective study. Each additional 300 mg of dietary cholesterol consumed each day was linked to an increased risk of cardiovascular disease by 16%, an increased risk of all-cause mortality by 19%, and an increased risk of cancer mortality by 24%. In contrast to chicken eggs, which include 186 mg of cholesterol per whole egg, vegan eggs are normally cholesterol-free. People prefer vegan eggs in their day-to-day life in order to reduce their cholesterol intake, which is a significant factor driving the market for vegan egg.
Growing Consumer Preference for Vegan Food Aids the Market Expansion.
The growing demand for vegan processed foods is propelling the vegan egg market forward. Owing to that, rising allergenicity, increased environmental sustainability awareness, and the trend of consumers toward vegan diets are all factors driving the market growth. As more people are switching to plant-based diets, a growing number of companies are developing egg substitutes. For instance, in 2021, the American plant-based company Crafty Counter launched "Wundereggs," ready-to-eat vegan boiled eggs that are cholesterol-free and have approximately the same amount of saturated fat as a normal egg.. Meanwhile, YO-Egg, an Israeli startup, has developed hyper-realistic plant-based fried eggs. JUST Egg is also a recognized and popular player in vegan liquid egg alternatives. Thus, increasing demand for vegan products and consumer start shifting from poultry products in favor of plant-based alternatives, such as vegan eggs, these trends have contributed to the market expansion during the forecast period.
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,
Download Free Sample Report
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
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy