New York, NY -- (SBWire) -- 03/06/2020 --Plant based foods may or may not include animal products, but comprise plant sources, such as vegetables, fruits, plant-based oils like canola, avocado, and olive, whole grains, and seeds. Consumer has freedom to decide if he wants to consume animal products or not. Plant based diet is generally consumed by individuals due to health reasons and not because of religious, ethical, or cultural reasons. This type of diet is also preferred by people owing to its increasing benefits to human body, especially for hearth health. Plant-based eggs are made from plants and not chickens. Hence, people inclined towards healthy diet are increasing opting plant-based eggs. The growing demand for these types of eggs is also claimed by the retailers in foreign countries. Plant-based eggs are replacing new vegan diet since it contains all the benefitting factors of the normal eggs on baking, especially when baking with wheat flour.
Eggs are consumed in more than 90% of households and are served at three out of four foodservice establishments. More than 40% Americans prefer plant-based foods in their diets and are replacing eggs with plant-based eggs. Consumers are opting for plant-based eggs owing to positive health effects and sustainability. Awareness regarding contamination from Salmonella bacteria, which may be found in chickens may get transmitted to eggs, causing foodborne illnesses. Eggs consist of a significant amount of cholesterol, whereas plant-based eggs are cholesterol-free. With changing consumers' lifestyles and attitudes, the number of people suffering from hypercholesterolemia is increasing.
Major Key Players of the Plant-based Eggs Market are:
JUST, Vegg, Follow Your Heart, ORGRAN, spero foods and others.
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Several prominent players, start-ups, and disruptor companies across various geographies have launched new products into the market to meet the rising demand for innovative products and flavors. Product innovation, growing consumers' preference for plant-based alternatives and rising awareness regarding animal welfare & environmental sustainability, among others are propelling the demand for plant-based egg products globally. Although the egg alternatives market offers immense growth opportunities, it may face several challenges. Difficulties in handling & storage, better understanding of consumers' behavior, challenges associated with non-egg formulations, and legislative challenges may curb market growth to a certain extent.
The form segment can be majorly classified into liquid and solid. The liquid market accounted for the highest market share owing to better nutritional composition and several health benefits offered by products manufactured in the liquid form along with ease of handling and longer shelf life.
Research objectives:-
– To study and analyze the global Plant-based Eggs consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Plant-based Eggs market by identifying its various sub-segments.
– Focuses on the key global Plant-based Eggs manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Plant-based Eggs with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Plant-based Eggs Market Size
2.2 Plant-based Eggs Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Plant-based Eggs Market Size by Manufacturers
3.2 Plant-based Eggs Key Players Head office and Area Served
3.3 Key Players Plant-based Eggs Product/Solution/Service
3.4 Date of Enter into Plant-based Eggs Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Plant-based Eggs Sales by Product
4.2 Global Plant-based Eggs Revenue by Product
4.3 Plant-based Eggs Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Plant-based Eggs Breakdown Data by End User
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In the end, Plant-based Eggs industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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