Egg Substitute Market - Forecast(2025 - 2031)

Egg Substitute Market Overview

The Egg Substitute Market size is forecast to reach US$4.8 billion by 2031, after growing at a CAGR of 16.6% during 2025-2031. Egg substitutes can be made from a variety of ingredients, whether plant-based ingredients or other ingredients from algae. Egg substitutes are used extensively in bakery, confectionery and processed foods to cater to consumers with dietary restrictions, allergies or ethical considerations. The growing awareness about health benefits, such as reduced cholesterol intake and calorie content further propels the demand for egg substitutes. Additionally, increasing concerns over animal welfare and environmental sustainability are pushing manufacturers to develop innovative egg alternatives.

A significant trend in the market is the development of plant-based egg substitutes. These substitutes mimic the texture and functionality of real eggs while offering nutritional benefits. In July 2024, a leading plant-based food company launched a new line of egg substitutes made from mung beans, offering a similar taste and texture to conventional eggs. Another trend is the focus on allergen-free products. Companies are investing in research and development to create egg substitutes that cater to individuals with egg allergies, ensuring a broader market reach. For instance, in March 2022, The EVERY Company (formerly Clara Foods) developed the first animal-free egg white, suitable for baking and culinary applications. In August 2023, Zikooin Company, a company in the alternative meat market in Korea, introduced plant-based egg products in partnership with JUST Egg, the U.S.-based company in the plant-based egg category.  

Market Snapshot: 

Egg Substitute Market - Report Coverage:

The “Egg Substitute Market Report - Forecast (2025-2031)” by IndustryARC, covers an in-depth analysis of the following segments in the Egg Substitute Market.

Key Takeaways

Plant-Based Substitutes Lead the Market

Plant-based substitutes dominate the Egg Substitute Market, driven by the increasing shift towards plant-based diets and growing veganism. These substitutes are derived from ingredients like chickpea flour, flaxseeds, and mung beans, providing functional benefits similar to eggs. They are widely used in baking and cooking, offering a cholesterol-free, allergen-free alternative. As consumers seek healthier options with fewer environmental impacts, plant-based substitutes continue to gain traction. Innovations in taste and texture further enhance their appeal, making them a preferred choice in both retail and foodservice sectors. In August 2023, UNLIMEAT partnered with JUST Egg to introduce various plant-based egg products, expanding their offerings in the alternative protein market. In April 2023, Zero Egg launched a new and improved version of its plant-based egg patty into the U.S. foodservice sector, offering a more realistic taste and texture.

Bakery & Confectionery is the Largest Segment

The Bakery & Confectionery segment holds the largest share in the Egg Substitute Market. The need for egg-free solutions in baking is growing, driven by the increasing prevalence of egg allergies and the rise of veganism. Egg substitutes provide the necessary binding, emulsification, and leavening properties required in baked goods, making them indispensable in this application. The segment benefits from the rising demand for clean-label and allergen-free bakery products, which cater to health-conscious and dietary-specific consumer groups In October 2022, AcreMade introduced a plant-based egg substitute derived from yellow field peas. This shelf-stable powder is designed for both baking and scrambling applications, offering a versatile alternative to traditional eggs. In September 2024, Dutch food tech company Revyve announced the launch of a new gluten-free egg replacer made from baker's yeast. This ingredient is said to have excellent texturizing functionalities while being fully neutral in flavor and color, making it ideal for use in flavor-sensitive products such as sweet baked goods.

North America Dominates the Market

North America leads the Egg Substitute Market, primarily due to its large vegan population and high incidence of egg allergies. The region is also characterized by a well-established food processing industry and strong demand for innovative, sustainable food products. The United States, in particular, is at the forefront of adopting egg substitutes in various applications, driven by consumer awareness of health, environmental issues, and dietary trends. The presence of key market players further supports market growth in the region. In June 2024, Protein Industries Canada, in collaboration with partners like Roquette and Prairie Fava, launched a $24.5 million project to advance plant-based food innovation. The initiative focuses on developing new ingredients and food products, enhancing process efficiencies, and exploring new market opportunities, thereby strengthening Canada's position in the plant-based sector. In June 2023, Ardent Mills introduced "Ardent Mills Egg Replace," a gluten-free and vegan product designed as a 1:1 replacement for dried and liquid whole eggs. This innovation aims to provide long-term cost efficiency and supply stability in bakery applications.

Growing Health Consciousness Drives Market Growth

Rising health consciousness among consumers is one of the primary drivers of the Egg Substitute Market. With increasing concerns about heart disease, high cholesterol, and overall wellness, many consumers are shifting to plant-based diets, seeking egg substitutes that provide similar nutritional benefits without the risks associated with traditional eggs. This shift toward healthier alternatives is also fueled by the rising demand for allergen-free products, as egg allergies affect a significant portion of the population. Additionally, egg substitutes are an attractive choice for individuals following vegan, gluten-free, and low-cholesterol diets, further expanding the market’s reach. As awareness of the health risks of traditional eggs grows, the market for healthier egg alternatives will continue to rise, benefiting from both the demand for plant-based diets and allergen-free options.

Key Market Players

Global Egg Substitute top 10 companies include:
1.    JUST Egg
2.    Yo Egg
3.    The EVERY Company
4.    The Vegg New York, LLC 
5.    OGGS
6.    Ener-G Foods
7.    Bob’s Red Mill Natural Foods, Inc. 
8.    Roma Food Products
9.    EVO Foods
10.    Lovely Day Foods GmbH

Scope of the Report:

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