Egg Substitutes Market - Forecast(2020 - 2025)
The global Egg Substitutes Market is estimated to surpass $1.1 billion by 2023, growing at an estimated rate of 6% during 2018 to 2023 majorly driven by the rising adoption of veganism and increased demand for products made without animal source materials. Outbreaks of flu and other diseases among the hen population are causing egg shortage, thus providing an opportunity for egg substitutes. What are Egg-Substitutes? Egg substitutes are the nourishments which can be utilized for replacing eggs in cooking and bakeries. These products are mostly preferred by vegans. Most of these substitutes are free from animal products and contain no cholesterol. These substitutes do not influence the taste and appearance of the end product. Owing to the extensive application of egg substitutes in the end products such as cakes, muffins, mayonnaise, chocolates, custard, ice cream, cookies and others, market is experiencing a noteworthy growth rate. In terms of nutritional values, egg substitutes are n...