About Egg Wash Substitute
Egg wash refers to a beaten egg that is brushed on the pastries and other items before baking. An egg wash alternative is a fluid that contains one or more substances and is used to coat bread, pies, and pastries in place of egg wash. Depending on the type of application, it can be manufactured to totally or partially replace eggs. The consumption of egg whites is increasing due to the high and volatile prices of eggs, their short shelf life, and some other reasons like enhancing the functionality of the products. North America is the largest market for egg wash substitutes followed by Europe due to the high consumption of bakery products.
Attributes | Details |
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Study Period | 2019-2029 |
Base Year | 2023 |
Unit | Value (USD Million) |
Egg Wash Substitute is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Egg Wash Substitute market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Pak Group (United States), Puratos (Belgium), Dawn Foods (United States), Par-Way Tryson (United States), Agropur Ingredients (United States), Zero Egg (United States), Corbion (Netherlands), Bake-Shein (United States), Fine Organics (India) and KMC (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Tryson (Singapore), Keery Group (Ireland) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Egg Wash Substitute market by , Application (Households, Food Companies, Hotels, Restaurants, Bakeries, Confectionaries and Others) and Region.
On the basis of geography, the market of Egg Wash Substitute has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Form, the sub-segment i.e. Powder will boost the Egg Wash Substitute market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ingredients, the sub-segment i.e. Milk or Cream will boost the Egg Wash Substitute market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Powder will boost the Egg Wash Substitute market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Research on Different Ingredients as Egg Wash Substitutes
Market Growth Drivers:
Increasing Prices of Eggs, Growing Consumption of Pastries, Pies, and Bread and Need To Increase the Shelf Life of Products
Challenges:
Challenging To Get Similar Functionality to Egg Wash and Lack Of Awareness About the Availability of Egg Wash Substitute
Restraints:
Negative Perception of The Egg Wash Substitute as Unhealthy
Opportunities:
Increasing Trend of Veganism Will Boost the Demand of Egg Wash Substitute and Rising Consumption of Bakery Products in Developing Nations Will Boost the Demand of Egg Wash Substitute
Market Leaders and their expansionary development strategies
In June 2023, Ardent Mills launched egg replacer, ancient grain flour blend. Egg Replace serves as a 1:1 replacement for dried and liquid whole eggs, according to the company. Formulated with chickpea flour and three other ingredients, the product is gluten-free and vegan and contains no major US food allergen or soy ingredients.
In Dec 2018, Pak Group, a player in the bakery ingredient market launched a gluten-free and dairy-free vegan egg was replacer under its subsidiary brand Bellarise. It is made from waster, sunflower oil, pea proteins, and modified starch. According to the company, it is suitable for a wide range of applications like buns, pastries, and other food products.
According to FSSAI regulations, “The place where food is manufactured, processed or handled shall comply with the following requirements:” “1) The premises shall be located in a sanitary place and free from filthy surroundings and shall maintain an overall hygienic environment. All new units shall set up away from environmentally polluted areas. 2) The premises to conduct food business for manufacturing should have adequate space for manufacturing and storage to maintain an overall hygienic environment.”
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Egg Wash Substitute Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.