“Germany Solid Egg Substitutes Market Report and Forecast 2022-2027”
Germany Solid Egg Substitutes Market to be Driven by Increased Demand for Starch-Based Solid Egg Substitutes in the Forecast Period 2022-2027
Expert Market Research’s new report titled ‘Germany Solid Egg Substitutes Market Report and Forecast 2022-2027’, gives an in-depth analysis of the German solid egg substitutes market, assessing the market based on of its segments such as type, end use, and distribution channels. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 5.10%
In Germany, the solid egg substitutes market is expected to be driven by changing consumer dietary habits, which will increase the demand for egg substitutes in the food service industry. In this context, the allergenicity of eggs is likely to increase the demand for egg substitutes in baked goods, desserts and other processed dishes, especially among newborns and young children. Additionally, the increased threat of an outbreak of bird flu is pushing customers to switch to plant-based egg alternatives. The popularity of egg substitutes is increasing due to various benefits including ease of handling and storage, better functioning, better food safety, and environmental sustainability, among others. Additionally, the growing focus of major food companies on improving their egg substitute solutions to replace eggs in a variety of recipes is expected to complement industry growth in the forecast year.
Industry definition and major segments
Solid egg substitutes are items or materials that can be used in place of solid eggs. These substitutes have functional characteristics similar to eggs and can be used in place of eggs in cooking or for direct ingestion. They can be soy-based or produced from a starch such as potato or tapioca starch.
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Based on Type, the market is segmented into:
- Seaweed Meal
- Soy based
Based on end-use, the market can be divided into:
Based on distribution channels, the industry can be divided into:
- Supermarkets and Hypermarkets
- convenience stores
- In line
Based on the type, the starch section of the solid egg substitutes business in Germany is expected to hold a considerable market share. Consumers’ desire to use starch-based egg substitutes in baking, where the egg is a crucial source of binding, leavening and moisture, may contribute to this growth. In this context, solid starch-based egg substitutes offer a nutritious and enjoyable plant-based alternative that is both sustainable and animal-friendly. During the forecast period, these factors are expected to favor the expansion of the market.
Veganism, vegetarianism and flexitarianism are all on the rise in Germany, due to growing consumer interest in animal welfare. This is expected to increase demand for plant-based foods like vegan eggs made from soy or seaweed. Start-ups in the region are increasingly investing in the development of solid and liquid egg substitutes in this regard. For example, Perfeggt, a German start-up, announced the launch of its animal-free egg substitute in December 2021, with availability expected in 2022 in Switzerland, Germany, Austria and other parts of Europe. Europe. In the coming years, such innovations are expected to drive the growth of the market.
Main market players
The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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* At Expert Market Research, we always strive to give you the latest information. The figures in the article are only indicative and may differ from the actual report.
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