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Asia Pacific Egg Substitutes Market Size, Share & Trends Analysis Report By Form, By Distribution Channel (Hypermarkets & Supermarkets, Specialty Stores, Convenience Stores, and Online Stores), By Application), By Country and Growth Forecast, 2024 - 2031

Published Date : 27-May-2024

Pages: 106

Formats: PDF

The Asia Pacific Egg Substitutes Market would witness market growth of 17.0% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Egg Substitutes Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $322.5 million by 2031. The Japan market is registering a CAGR of 16.2% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 17.8% during (2024 - 2031).

Asia Pacific Egg Substitutes Market

In addition to health considerations, environmental sustainability has become a key driver shaping the market. The conventional egg production industry is associated with environmental challenges such as land use, water consumption, greenhouse gas emissions, and waste generation. A large proportion of emissions associated with poultry originate from the food they are fed, contributing up to 63% of embodied carbon.

Moreover, as a result, consumers, food manufacturers, and policymakers increasingly prioritize sustainable food choices and production practices. Plant-based substitutes have a comparatively lower environmental footprint, requiring fewer resources and generating fewer emissions than traditional egg production. This alignment with sustainability goals has propelled the adoption of egg substitutes as an eco-friendlier alternative in the food industry.

Urbanization and exposure to Western food trends have contributed to the acceptance and popularity of plant-based options, including egg substitutes, especially in cosmopolitan areas where consumers are more open to experimenting with alternative foods. In India, rapid urbanization has led to significant shifts in dietary patterns, with urban areas witnessing a rising interest in Western food trends and healthier eating habits. It is anticipated that these factors will aid in expanding the market.

Free Valuable Insights: The Global Egg Substitutes Market is Predict to reach USD 4.1 Billion by 2031, at a CAGR of 16.4%

Based on Form, the market is segmented into Dry, and Liquid. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Specialty Stores, Convenience Stores, and Online Stores. Based on Application, the market is segmented into Bakery & Confectionery, Dressings & Spreads, Savories, and Sauces. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

  • Fiberstar, Inc.
  • Florida Food Products, LLC (Ardian France S.A.)
  • Glanbia plc
  • Tate & Lyle PLC
  • Ingredion Incorporated
  • Corbion N.V.
  • Arla Foods, Inc.
  • Kerry Group PLC
  • MGP Ingredients, Inc.
  • Cargill, Incorporated

Asia Pacific Egg Substitutes Market Report Segmentation

By Form

  • Dry
  • Liquid

By Distribution Channel

  • Hypermarkets & Supermarkets
  • Specialty Stores
  • Convenience Stores
  • Online Stores

By Application

  • Bakery & Confectionery
  • Dressings & Spreads
  • Savories
  • Sauces

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Egg Substitutes Market, by Form
1.4.2 Asia Pacific Egg Substitutes Market, by Distribution Channel
1.4.3 Asia Pacific Egg Substitutes Market, by Application
1.4.4 Asia Pacific Egg Substitutes Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Asia Pacific Egg Substitutes Market by Form
4.1 Asia Pacific Dry Market by Country
4.2 Asia Pacific Liquid Market by Country

Chapter 5. Asia Pacific Egg Substitutes Market by Distribution Channel
5.1 Asia Pacific Hypermarkets & Supermarkets Market by Country
5.2 Asia Pacific Specialty Stores Market by Country
5.3 Asia Pacific Convenience Stores Market by Country
5.4 Asia Pacific Online Stores Market by Country

Chapter 6. Asia Pacific Egg Substitutes Market by Application
6.1 Asia Pacific Bakery & Confectionery Market by Country
6.2 Asia Pacific Dressings & Spreads Market by Country
6.3 Asia Pacific Savories Market by Country
6.4 Asia Pacific Sauces Market by Country

Chapter 7. Asia Pacific Egg Substitutes Market by Country
7.1 China Egg Substitutes Market
7.1.1 China Egg Substitutes Market by Form
7.1.2 China Egg Substitutes Market by Distribution Channel
7.1.3 China Egg Substitutes Market by Application
7.2 Japan Egg Substitutes Market
7.2.1 Japan Egg Substitutes Market by Form
7.2.2 Japan Egg Substitutes Market by Distribution Channel
7.2.3 Japan Egg Substitutes Market by Application
7.3 India Egg Substitutes Market
7.3.1 India Egg Substitutes Market by Form
7.3.2 India Egg Substitutes Market by Distribution Channel
7.3.3 India Egg Substitutes Market by Application
7.4 South Korea Egg Substitutes Market
7.4.1 South Korea Egg Substitutes Market by Form
7.4.2 South Korea Egg Substitutes Market by Distribution Channel
7.4.3 South Korea Egg Substitutes Market by Application
7.5 Singapore Egg Substitutes Market
7.5.1 Singapore Egg Substitutes Market by Form
7.5.2 Singapore Egg Substitutes Market by Distribution Channel
7.5.3 Singapore Egg Substitutes Market by Application
7.6 Malaysia Egg Substitutes Market
7.6.1 Malaysia Egg Substitutes Market by Form
7.6.2 Malaysia Egg Substitutes Market by Distribution Channel
7.6.3 Malaysia Egg Substitutes Market by Application
7.7 Rest of Asia Pacific Egg Substitutes Market
7.7.1 Rest of Asia Pacific Egg Substitutes Market by Form
7.7.2 Rest of Asia Pacific Egg Substitutes Market by Distribution Channel
7.7.3 Rest of Asia Pacific Egg Substitutes Market by Application

Chapter 8. Company Profiles
8.1 Fiberstar, Inc.
8.1.1 Company Overview
8.2 Florida Food Products, LLC (Ardian France S.A.)
8.2.1 Company Overview
8.3 Glanbia plc
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.4 Tate & Lyle PLC
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental & Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Ingredion Incorporated
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Geographical Expansions:
8.5.6 SWOT Analysis
8.6 Corbion N.V.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Arla Foods, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 Kerry Group PLC
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.8.6 SWOT Analysis
8.9 MGP Ingredients, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.10. Cargill, Incorporated
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
8.10.2.2 Acquisition and Mergers:
8.10.3 SWOT Analysis
TABLE 1 Asia Pacific Egg Substitutes Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Egg Substitutes Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Egg Substitutes Market by Form, 2020 - 2023, USD Million
TABLE 4 Asia Pacific Egg Substitutes Market by Form, 2024 - 2031, USD Million
TABLE 5 Asia Pacific Dry Market by Country, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Dry Market by Country, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Liquid Market by Country, 2020 - 2023, USD Million
TABLE 8 Asia Pacific Liquid Market by Country, 2024 - 2031, USD Million
TABLE 9 Asia Pacific Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Hypermarkets & Supermarkets Market by Country, 2020 - 2023, USD Million
TABLE 12 Asia Pacific Hypermarkets & Supermarkets Market by Country, 2024 - 2031, USD Million
TABLE 13 Asia Pacific Specialty Stores Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Specialty Stores Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Convenience Stores Market by Country, 2020 - 2023, USD Million
TABLE 16 Asia Pacific Convenience Stores Market by Country, 2024 - 2031, USD Million
TABLE 17 Asia Pacific Online Stores Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Online Stores Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Egg Substitutes Market by Application, 2020 - 2023, USD Million
TABLE 20 Asia Pacific Egg Substitutes Market by Application, 2024 - 2031, USD Million
TABLE 21 Asia Pacific Bakery & Confectionery Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Bakery & Confectionery Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Dressings & Spreads Market by Country, 2020 - 2023, USD Million
TABLE 24 Asia Pacific Dressings & Spreads Market by Country, 2024 - 2031, USD Million
TABLE 25 Asia Pacific Savories Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Savories Market by Country, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Sauces Market by Country, 2020 - 2023, USD Million
TABLE 28 Asia Pacific Sauces Market by Country, 2024 - 2031, USD Million
TABLE 29 Asia Pacific Egg Substitutes Market by Country, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Egg Substitutes Market by Country, 2024 - 2031, USD Million
TABLE 31 China Egg Substitutes Market, 2020 - 2023, USD Million
TABLE 32 China Egg Substitutes Market, 2024 - 2031, USD Million
TABLE 33 China Egg Substitutes Market by Form, 2020 - 2023, USD Million
TABLE 34 China Egg Substitutes Market by Form, 2024 - 2031, USD Million
TABLE 35 China Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 36 China Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 37 China Egg Substitutes Market by Application, 2020 - 2023, USD Million
TABLE 38 China Egg Substitutes Market by Application, 2024 - 2031, USD Million
TABLE 39 Japan Egg Substitutes Market, 2020 - 2023, USD Million
TABLE 40 Japan Egg Substitutes Market, 2024 - 2031, USD Million
TABLE 41 Japan Egg Substitutes Market by Form, 2020 - 2023, USD Million
TABLE 42 Japan Egg Substitutes Market by Form, 2024 - 2031, USD Million
TABLE 43 Japan Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 44 Japan Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 45 Japan Egg Substitutes Market by Application, 2020 - 2023, USD Million
TABLE 46 Japan Egg Substitutes Market by Application, 2024 - 2031, USD Million
TABLE 47 India Egg Substitutes Market, 2020 - 2023, USD Million
TABLE 48 India Egg Substitutes Market, 2024 - 2031, USD Million
TABLE 49 India Egg Substitutes Market by Form, 2020 - 2023, USD Million
TABLE 50 India Egg Substitutes Market by Form, 2024 - 2031, USD Million
TABLE 51 India Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 52 India Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 53 India Egg Substitutes Market by Application, 2020 - 2023, USD Million
TABLE 54 India Egg Substitutes Market by Application, 2024 - 2031, USD Million
TABLE 55 South Korea Egg Substitutes Market, 2020 - 2023, USD Million
TABLE 56 South Korea Egg Substitutes Market, 2024 - 2031, USD Million
TABLE 57 South Korea Egg Substitutes Market by Form, 2020 - 2023, USD Million
TABLE 58 South Korea Egg Substitutes Market by Form, 2024 - 2031, USD Million
TABLE 59 South Korea Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 60 South Korea Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 61 South Korea Egg Substitutes Market by Application, 2020 - 2023, USD Million
TABLE 62 South Korea Egg Substitutes Market by Application, 2024 - 2031, USD Million
TABLE 63 Singapore Egg Substitutes Market, 2020 - 2023, USD Million
TABLE 64 Singapore Egg Substitutes Market, 2024 - 2031, USD Million
TABLE 65 Singapore Egg Substitutes Market by Form, 2020 - 2023, USD Million
TABLE 66 Singapore Egg Substitutes Market by Form, 2024 - 2031, USD Million
TABLE 67 Singapore Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 68 Singapore Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 69 Singapore Egg Substitutes Market by Application, 2020 - 2023, USD Million
TABLE 70 Singapore Egg Substitutes Market by Application, 2024 - 2031, USD Million
TABLE 71 Malaysia Egg Substitutes Market, 2020 - 2023, USD Million
TABLE 72 Malaysia Egg Substitutes Market, 2024 - 2031, USD Million
TABLE 73 Malaysia Egg Substitutes Market by Form, 2020 - 2023, USD Million
TABLE 74 Malaysia Egg Substitutes Market by Form, 2024 - 2031, USD Million
TABLE 75 Malaysia Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 76 Malaysia Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 77 Malaysia Egg Substitutes Market by Application, 2020 - 2023, USD Million
TABLE 78 Malaysia Egg Substitutes Market by Application, 2024 - 2031, USD Million
TABLE 79 Rest of Asia Pacific Egg Substitutes Market, 2020 - 2023, USD Million
TABLE 80 Rest of Asia Pacific Egg Substitutes Market, 2024 - 2031, USD Million
TABLE 81 Rest of Asia Pacific Egg Substitutes Market by Form, 2020 - 2023, USD Million
TABLE 82 Rest of Asia Pacific Egg Substitutes Market by Form, 2024 - 2031, USD Million
TABLE 83 Rest of Asia Pacific Egg Substitutes Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 84 Rest of Asia Pacific Egg Substitutes Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 85 Rest of Asia Pacific Egg Substitutes Market by Application, 2020 - 2023, USD Million
TABLE 86 Rest of Asia Pacific Egg Substitutes Market by Application, 2024 - 2031, USD Million
TABLE 87 Key Information – Fiberstar, Inc.
TABLE 88 Key Information – Florida Food Products, LLC
TABLE 89 Key Information – Glanbia plc
TABLE 90 Key Information – Tate & Lyle PLC
TABLE 91 Key Information – Ingredion Incorporated
TABLE 92 Key Information – Corbion N.V.
TABLE 93 Key information – Arla Foods, Inc.
TABLE 94 Key Information – Kerry Group PLC
TABLE 95 Key Information – MGP Ingredients, Inc.
TABLE 96 Key Information – Cargill, Incorporated

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Egg Substitutes Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Egg Substitutes Market
FIG 4 Porter’s Five Forces Analysis – Egg Substitutes Market
FIG 5 Asia Pacific Egg Substitutes Market share by Form, 2023
FIG 6 Asia Pacific Egg Substitutes Market share by Form, 2031
FIG 7 Asia Pacific Egg Substitutes Market by Form, 2020 - 2031, USD Million
FIG 8 Asia Pacific Egg Substitutes Market share by Distribution Channel, 2023
FIG 9 Asia Pacific Egg Substitutes Market share by Distribution Channel, 2031
FIG 10 Asia Pacific Egg Substitutes Market by Distribution Channel, 2020 - 2031, USD Million
FIG 11 Asia Pacific Egg Substitutes Market share by Application, 2023
FIG 12 Asia Pacific Egg Substitutes Market share by Application, 2031
FIG 13 Asia Pacific Egg Substitutes Market by Application, 2020 - 2031, USD Million
FIG 14 Asia Pacific Egg Substitutes Market share by Country, 2023
FIG 15 Asia Pacific Egg Substitutes Market share by Country, 2031
FIG 16 Asia Pacific Egg Substitutes Market by Country, 2020 - 2031, USD Million
FIG 17 Swot Analysis: Tate & Lyle PLC
FIG 18 SWOT Analysis: Ingredion Incorporated
FIG 19 SWOT Analysis: Corbion N.V.
FIG 20 SWOT Analysis: Arla Foods, Inc.
FIG 21 SWOT Analysis: KERRY GROUP PLC
FIG 22 SWOT Analysis: Cargill, Incorporated

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