Global Egg Extenders Market size is expected to reach nearly US$ 1.95 Bn by 2029 with the CAGR of 5.8% during the forecast period.Global Egg Extenders Market Overview:
Egg Extenders is a type of food additive mixed in food products during the baking process to increase the egg constituent. An Egg Extenders are manufactured by rapidly cooling aqueous gel products containing Xanthum Gum and Potassium Salt, through a temperature range at which solidification will take place in the aqueous form of the mixture of the above constituents. Egg Extenders provide a large quantity and all-natural ingredients to replace the maximum amount of eggs in the formation of food products. Low cost and high nutrient content has resulted in the increased demand for Egg Extenders in the Food Industry. Increasing population, rising consumption, and a medium for cost reduction in the process of manufacturing food products have resulted in the growth in the Egg Extenders Industry.To know about the Research Methodology :- Request Free Sample Report
Global Egg Extenders Market Dynamics:
Food Products require a high amount of protein matrix to maintain the nutritional content. Eggs with their high presence of protein, fat, and lipid content, have helped in maintaining the nutritional content of food products. Eggs provide the function of coagulation, emulsification, and foaming to food products. Increasing prices and limitations on demand have resulted in the use of Egg Extenders instead of Eggs. Egg Extenders possess components that help in holding moisture and assist with the aeration process. They also make food products more appealing by improving the taste and flavor of food products they are mixed with along with providing structural stabilization. Egg Extenders does similar work as that of Eggs in the process of food manufacturing. Corbion N.V. launched a new range of egg white extenders products like Function Plus 150W and New Function Plus 200 as a cost-effective solution for replacing Egg Whites in the production of Bakery Food Products. Egg Extenders hold similar nutritional properties as Eggs. With a shelf life of 1 year and a reduction in cost as compared with Eggs, the demand for Egg Extender products is growing. Increasing population, rising consumption, and growing production costs for the food manufacturing industry are the main driving factors for the growth of the Egg Extenders Market.Restraints:
Lack of awareness regarding the nutritional contents of Egg Extenders is the major restraining factor here. The high cost of the equipment used in the process of extracting Egg Extenders is limiting the entry for new players.Global Egg Extenders Market Segment Analysis:
The Global Egg Extenders Market is segmented on the basis of By Product Type, it is observed that the product range offered by Egg Extenders Industry can be bifurcated as Dried Egg White Extender and Dried Whole Egg Extender. With a wide range of applications in the Food Industry, Dried Egg White Extender dominates the consumption by the Food Industry. Dried Egg White Powder covers 60% of the total Egg Extenders manufactured by the Egg Extenders Market. By Applications Egg Extenders are used on a large scale in manufacturing Bakery Food Products. It is observed that 12% of the top bakery products manufacturing firms use Egg Extenders as an Egg replacer in their products. Different products like Bread, Biscuits and Cookies are produced on a large scale by using Egg Extenders. Depending upon contents, Baker Perkins Limited, a leading food products manufacturing firm has started manufacturing food products like Muffins, Pancakes, and Waffles with 20% to 100% replacement of egg with Egg Extenders. The above pie chart shows the application of Egg Extenders consumed by different food products. It is observed that Bakery Products are the biggest consumers of Egg Extenders. The increasing population and rising demand by people for low-cost bakery products have resulted in the growth in demand for Egg Extenders. It is observed that the Asia-Pacific region consumes more than 25% of the total production of Egg Extenders. Low capital cost and requirement of limited equipment have increased the number of people entering the Bakery Products Manufacturing market increased consumption of Egg Extenders. Bread comes in the second position. Bread is consumed by a large number of people daily across the world. Regular demand and consumption by a large number of people have resulted in using Egg Extenders in the baking of Bread. It is observed that 40% of total Bread consumption in the region of Asia-Pacific and South America consists of Egg Extenders. Biscuits & Cookies comes in the third position. Biscuits and Cookies are preferred snack items and are consumed by people from all age groups. This wide level of consumption by a large population has resulted in the use of Egg Extenders in its baking. Data from the unorganized Biscuits and Cookies Market suggests that 48% of manufacturers have started using 100% Egg Extenders in baking cookies and biscuits. Waffles come in the fourth position. Increased preference for waffles as a morning snack by the majority of people in North America and Europe has resulted in using Egg Extenders in its manufacturing process. Vita-Ex a famous European brand has decided to replace 100% of its egg contents in Waffles by Egg Extenders. Muffins come at fifth position. Rising preference for Flour based confectionery products and rising capital cost has resulted in the replacement of Eggs with nature-based Egg Extenders. Preference as a breakfast item has resulted in making Pancakes the sixth biggest consumer of Egg Extenders. Different other Bakery and flour-based products use Egg Extenders as per need.Regional Insights
The above pictorial information depicts the consumption of Egg Extenders in various regions. It is observed that the Asia-Pacific is the biggest consumer of Egg Extenders. Increasing populations, rising consumption, and the presence of the Food Processing Industry on a large scale have resulted in the increased consumption of Egg Extenders in this region. According to a report by Organized Bakery Products Industry, Bakery Products consumed in this region were worth the US $ 13 Billion in the year 2017. This has resulted in manufacturing food products with partial or complete replacement of Egg Extenders instead of Eggs increasing demand for Egg Extenders. South America is the second biggest market for Egg Extenders. Here Egg Extenders is used primarily in Nutrient-rich food products. Egg Extenders is added to food products and health supplements instead of Eggs on a large scale. The presence of the Food Processing Industry on large scale has resulted in an 11% increase in the revenue in Egg Extenders Market in this region North America is the third biggest market for Egg Extenders. Here, the presence of Egg Extenders Market is limited to Bread and Bakery Products. Increasing preference for Bakery food products and low-cost health supplements has resulted in a 7% increase in the consumption of Egg Extenders in the year 2017. Europe is the fourth biggest market for Egg Extenders. The presence of strict regulation boards in the economically superior region of Europe has resulted in the limited growth for the Egg Extenders Market. The Middle East and Africa’s market is showing very little growth, the reason for which is the presence of various social and economic restrain. The objective of the report is to present a comprehensive analysis of the global Egg Extenders market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Egg Extenders market dynamics, structure by analyzing the market segments and Project the global Egg Extenders market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Egg Extenders market make the report investor’s guide.Global Egg Extenders Market Scope: Inquire before buying
Egg Extenders Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 1.31 Bn. Forecast Period 2023 to 2029 CAGR: 5.8% Market Size in 2029: US $ 1.95 Bn. Segments Covered: by Product Type Dried Egg White Extenders Dried Whole Egg Extenders by Application Bread Bakery Products Biscuits & Cookies Muffins Waffles Pancakes Others Global Egg Extenders Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest) South America (Brazil, Argetina and Rest of South America)Global Egg Extenders Market Key Players
1. J & K Ingredients Inc. 2. Corbion N.V. 3. Rembrandt Enterprises 4. Essex Food Ingredients 5. Michael Foods Inc. 6. H & A Canada Inc. 7. Adams Food Ingredients Ltd. 8. Agropur Ingredients 9. A.B. Fruits 10. Export Ostrich 11. INGRAS DOO 12. ZEROFER 13. Angel Baldoma SA 14. HN Agro Orsus KFT 15. CEWO Wortmann GmbH & Co. KGFrequently Asked Questions:
1. Which region has the largest share in Global Egg Extenders Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Egg Extenders Market? Ans: The Global Egg Extenders Market is growing at a CAGR of 5.8 % during forecasting period 2023-2029. 3. What is scope of the Global Egg Extenders Market report? Ans: Global Egg Extenders Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the Global Egg Extenders Market size in 2022? Ans: The Global Egg Extenders market was valued at US$ 1.31 Bn. In 2022. 5. What is the study period of this Market? Ans: The Global Egg Extenders Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Egg Extenders Market Size, by Market Value (US$ Bn.) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Egg Extenders Market 3.4. Geographical Snapshot of the Egg Extenders Market, By Manufacturer share 4. Global Egg Extenders Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Egg Extenders Market 5. Supply Side and Demand Side Indicators 6. Global Egg Extenders Market Analysis and Forecast, 2022-2029 6.1. Global Egg Extenders Market Size & Y-o-Y Growth Analysis. 7. Global Egg Extenders Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 7.1.1. Dried Egg White Extenders 7.1.2. Dried Whole Egg Extenders 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Bread 7.2.2. Bakery Products 7.2.3. Biscuits & Cookies 7.2.4. Muffins 7.2.5. Waffles 7.2.6. Pancakes 7.2.7. Others 8. Global Egg Extenders Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Egg Extenders Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 9.1.1. Dried Egg White Extenders 9.1.2. Dried Whole Egg Extenders 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Bread 9.2.2. Bakery Products 9.2.3. Biscuits & Cookies 9.2.4. Muffins 9.2.5. Waffles 9.2.6. Pancakes 9.2.7. Others 10. North America Egg Extenders Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Egg Extenders Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Egg Extenders Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Egg Extenders Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Egg Extenders Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Egg Extenders Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Egg Extenders Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Egg Extenders Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Egg Extenders Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Egg Extenders Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Egg Extenders Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Egg Extenders Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Egg Extenders Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Egg Extenders Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Egg Extenders Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Egg Extenders Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Egg Extenders Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Egg Extenders Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Egg Extenders Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Egg Extenders Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Egg Extenders Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Egg Extenders Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Egg Extenders Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Egg Extenders Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Egg Extenders Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Egg Extenders Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Egg Extenders Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Egg Extenders Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Egg Extenders Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Egg Extenders Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Egg Extenders Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Egg Extenders Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Egg Extenders Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Egg Extenders Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Egg Extenders Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Egg Extenders Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. J & K Ingredients Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Corbion N.V. 45.3.3. Rembrandt Enterprises 45.3.4. Essex Food Ingredients 45.3.5. Michael Foods Inc. 45.3.6. H & A Canada Inc. 45.3.7. Adams Food Ingredients Ltd 45.3.8. Agropur Ingredients 45.3.9. A.B. Fruits 45.3.10. Export Ostrich 45.3.11. INGRAS DOO 45.3.12. ZEROFER 45.3.13. Angel Baldoma SA 45.3.14. H N Agro Orsus KFT 45.3.15. CEWO Wortmann GmbH & Co. KG 46. Primary Key Insights