Asia Pacific Egg Replacers Market – Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2021
Asia Pacific Egg Replacers Market By Form(dry And Liquid), By Source (Plant, Animal), By Ingredient (Dairy Proteins, Starch, Algal Flour, Soy-based Products)
(EMAILWIRE.COM, November 27, 2017 ) Asia Pacific Egg Replacers Market is worth USD 200 million in 2016 and estimated to grow at a CAGR of 6%, to reach USD 267 million by 2021. The Asia Pacific Egg Replacers market is developing at an exceptionally quick pace.
Egg replacers help in the replacing or reducing egg content in foods without changing the taste and look of the final item. These ingredients have extensive use in variety products like cakes, muffins, mayonnaise, chocolates, custard, ice-cream, and cookies etc. Most of these products are without any animal products, and hence are vegan and contain no cholesterol. There are also homemade substitutes like tofu, a variety of fruits, potato starch, mashed potato, baking powder, ground seeds, agar powder, chickpea flour etc.
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The significant driver is rising consumer awareness towards preventative healthcare and an inclination towards products with low cholesterol levels. Also change in lifestyles and rise in awareness of consumers regarding healthy eating habits, increase in adoption of a vegan diet, and avian flu outbreak developed and developing nations is boosting the industry. Also growing food and beverage industries are further expected to boost this industry.
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The Asia Pacific Egg Replacers market is segmented on the basis of Application, Ingredients, source, form and region. Based on application the market is segmented into Bakery & confectionery, Savories, Sauces, dressings & spreads and others. The bakery & confectionery segment is estimated to dominate the egg replacers market in 2017. Based on Ingredients the market is segmented into Dairy proteins, Starch, Algal flour, Soy-based products, and others. Dairy protein is estimated to be the largest segment in egg replacers market in 2017. Based on Source the market is segmented into Plant and Animal. Based on Form the market is segmented into Dry and Liquid. Dry egg replacers accounted for the largest market share in 2016.
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Asia Pacific is geographically segmented into China, India, Japan, South Korea, Taiwan, Australia and South East Asia. China and India are boost to increase the market because of huge population. Also Asia Pacific is largest growing segment owing to increasing instances of diabetes and cardiovascular diseases and growing demand for low fat and low cholesterol food products.
Archer Daniels Midland Company (U.S.), Glanbia Plc (Ireland), Kerry Group (Ireland), Cargill (U.S.), Ingredion Incorporated (U.S.), and Corbion (Netherlands) Company are the leaders in the Asia Pacific Egg Replacers market.
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Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
Egg replacers help in the replacing or reducing egg content in foods without changing the taste and look of the final item. These ingredients have extensive use in variety products like cakes, muffins, mayonnaise, chocolates, custard, ice-cream, and cookies etc. Most of these products are without any animal products, and hence are vegan and contain no cholesterol. There are also homemade substitutes like tofu, a variety of fruits, potato starch, mashed potato, baking powder, ground seeds, agar powder, chickpea flour etc.
Get a comprehensive overview of the Market: http://marketdataforecast.com/market-reports/asia-pacific-egg-replacers-market-4393/
The significant driver is rising consumer awareness towards preventative healthcare and an inclination towards products with low cholesterol levels. Also change in lifestyles and rise in awareness of consumers regarding healthy eating habits, increase in adoption of a vegan diet, and avian flu outbreak developed and developing nations is boosting the industry. Also growing food and beverage industries are further expected to boost this industry.
Request a sample to stay up-to-date on the main trends affecting this market: http://marketdataforecast.com/market-reports/asia-pacific-egg-replacers-market-4393/request-sample
The Asia Pacific Egg Replacers market is segmented on the basis of Application, Ingredients, source, form and region. Based on application the market is segmented into Bakery & confectionery, Savories, Sauces, dressings & spreads and others. The bakery & confectionery segment is estimated to dominate the egg replacers market in 2017. Based on Ingredients the market is segmented into Dairy proteins, Starch, Algal flour, Soy-based products, and others. Dairy protein is estimated to be the largest segment in egg replacers market in 2017. Based on Source the market is segmented into Plant and Animal. Based on Form the market is segmented into Dry and Liquid. Dry egg replacers accounted for the largest market share in 2016.
Inquire Before Buying: http://marketdataforecast.com/market-reports/asia-pacific-egg-replacers-market-4393/inquire
Asia Pacific is geographically segmented into China, India, Japan, South Korea, Taiwan, Australia and South East Asia. China and India are boost to increase the market because of huge population. Also Asia Pacific is largest growing segment owing to increasing instances of diabetes and cardiovascular diseases and growing demand for low fat and low cholesterol food products.
Archer Daniels Midland Company (U.S.), Glanbia Plc (Ireland), Kerry Group (Ireland), Cargill (U.S.), Ingredion Incorporated (U.S.), and Corbion (Netherlands) Company are the leaders in the Asia Pacific Egg Replacers market.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results