The global egg substitute market size is projected to exhibit phenomenal growth from 2023 to 2033. According to the research report published by Future Market Insights, the global market is anticipated to cross a valuation of US$ 130.5 million in 2023. It is estimated to reach a valuation of US$ 654.3 million by 2033. The market is expected to clock a staggering CAGR of 17.5% from 2023 to 2033.
Egg substitutes are commercial alternatives used in vegetarian baking and cooking to replace eggs as they do not affect the final product's taste or appearance. In terms of nutritional value, egg substitutes are similar to eggs. They are also cholesterol-free, gluten-free, and high in vitamins. With the widespread use of egg substitutes in products such as cakes, ice cream, cookies, mayonnaise, chocolates, custard, and other baked goods, sales are projected to increase at a steady pace.
Egg substitutes find application in products such as cakes, muffins, mayonnaise, chocolates, custard, ice cream, and cookies among others. Rising consumer awareness of healthy eating habits, along with changing lifestyles is expected to boost sales in the market. Consumers are adopting vegan diets across the globe, which is a key factor driving sales of egg substitutes. Shortage in egg supply due to avian influenza has led to increased cost of eggs. Therefore, demand for plant-based ingredients is expected to rise over the forecast period.
Attributes
Details
Egg Substitute Market Value (2022)
US$ 118.5 million
Egg Substitute Market Value (2023)
US$ 130.5 million
Egg Substitute Market Value (2033)
US$ 654.3 million
Egg Substitute Market Value (2023 to 2023)
17.5%
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Egg Substitute Market Historical Analysis (2018 to 2022) Vs. Forecast Outlook (2023 to 2033)
In 2018, the global egg substitute market size stood at US$ 984.5 million. From 2018 to 2022, the market witnessed substantial expansion, accounting for US$ 118.5 million in 2022. The market expanded at a modest CAGR of 3.4% from 2018 to 2022.
Rising consumer awareness toward preventative healthcare and an inclination toward products with low cholesterol levels is spurring demand for effective egg substitutes. In response to this, manufacturers are offering vegan or vegetarian edible products that are allergen-free. Consumer demand for vegan foods is being fueled by increasing awareness of healthy food products. This is attributed to various diseases affecting animals as well as growing concerns about animal welfare.
Some individuals cannot palate egg or egg-based products due to allergies or the smell or taste. People may suffer from various problems such as skin reactions, stomach aches, vomiting, and nausea. This is compelling manufacturers to offer products without egg or egg ingredients.
Egg supply shortage due to avian influenza, increasing demand for plant-based ingredients, and the rising cost of eggs are some factors expected to boost the global egg substitute market over the forecast period. Furthermore, governments of various countries across the globe support the use of organic, natural, and non-GMO food ingredients.
Regulatory bodies such as Food & Drug Administration (FDA) in North America and (European Food Safety Authority) EFSA in Europe are becoming stringent regarding ingredients used in food and pharmaceutical products and their proper labeling. This in turn is expected to augment the growth in the market over the forecast period.
Category-wise Insights
Dry Form Segment to Dominate Due to High Adoption
Based on form, the market is categorized into dry and wet. The dry segment captured a 72.40% market share in 2022. The growth is ascribable to the high versatility of egg substitutes. They can be used in various types of recipes. They are easy to store and transport, which increases distribution channel efficacy. They can be more cost-effective than buying fresh eggs, which boosts their consumption across consumers.
Dry egg substitutes are also low in cholesterol and fat levels, which increases their adoption. They are easy to measure and mix with other ingredients, which is a prominent factor surging their popularity among bakers.
Animal-sourced to Witness Swift Growth
According to the source, egg substitute is obtained from plant and animals. Out of these, the plant source segment holds the lion’s share in the market. Plant-sourced egg substitutes are widely available and affordable too. Surging demand for plant-based ingredients is expected to push sales in the market.
Ingredients such as agar, starch, and soy are procured from plants, which are later used in plant-based egg substitute formulations. Nonetheless, animal-sourced egg substitutes are expected to witness notable growth in the coming years. In 2022, the animal source segment captured 36.70% market share.
Dairy Protein Ingredients to be in Remarkable Demand
Dairy protein ingredients are used in egg substitutes as they offer similar functional properties to eggs. Casein and whey protein are commonly used dairy proteins in egg substitutes. The segment accounted for 37.80% market share in 2022. Egg substitutes that are made from dairy proteins witness high demand from consumers who have an intolerance to eggs. They are also cost-effective over other types of ingredients used in egg substitutes, which further promotes their adoption.
Bakery & Confectionery Segment to Surge Due to a Myriad of Functional Benefits
The baking and confectionery sector is expected to account for the maximum share of the global egg substitute market. These products offer a wide range of functional benefits such as better binding, emulsification, foaming, and taste enhancement, thereby driving sales. Customers are being forced to adopt healthy lifestyles due to the rising prevalence of health problems. They are looking for baked items that are gluten-free, plant-based, and non-GMO. In 2022, the bakery & confectionery segment occupied 34.60% of the market share worldwide.
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Comparative View of the Adjacent Egg Substitute Market
Egg Substitute Market:
Attributes
Egg Substitute Market
CAGR (2023 to 2033)
17.5%
Market Value (2023)
US$ 130.5 million
Growth Factor
Surging demand for gluten-free and non-GMO products to bolster market growth.
Future Opportunity
Improvements in supply chain and distribution networks to cater to the escalating demand.
Market Trends
The rising prevalence of chronic disorders and cardiovascular diseases boosts egg substitute adoption.
Egg Replacement Ingredients Market:
Attributes
Egg Replacement Ingredients Market
CAGR (2023 to 2033)
5.8%
Market Value (2023)
US$ 1,229.60 million
Growth Factor
Rising focus on preventive healthcare.
Future Opportunity
Growing awareness about using egg replacements.
Market Trends
Increasing trend of vegan egg replacement.
Egg Replacer Market:
Attributes
Egg Replacer Market
CAGR (2023 to 2033)
5.4%
Market Value (2023)
US$ 1.37 billion
Growth Factor
Increasing prevalence of cardiovascular diseases and concerns for eggs’ negative impacts.
Future Opportunity
Surging demand for millennials, improved distribution methods, and improved marketing activities.
Market Trends
Increasing veganism and vegetarianism trends.
Country-wise Insights
Bakers in the United States are Preferring Plant-based Egg Substitutes
Surging demand for plant-based ingredients from the food & beverage sector in the United States is expected to place it as a significant pocket over the forecast period. As per FMI, the United States egg substitute market accounted for 29.0% of the total market share in 2022.
The increasing incidence of health issues such as obesity, diabetes, and blood pressure is compelling consumers to switch to a healthy lifestyle. They are seeking gluten-free, plant-based, and non-GMO products, especially in the bakery and confectionery sector. In response to this, manufacturers are launching gluten-free and non-GMO egg substitutes. For instance,
USA-based Fiberstar offers a non-GMO clean-label egg replacement ingredient to consumers.
The ingredient is derived from natural citrus fiber and enables partial or full replacement of eggs for food applications such as baked goods, gluten-free bakery products, mayonnaise, dairy-based desserts, and meat products.
Increasing Sales of Vegetarian Food Products to Spur Demand for Egg Substitutes
Demand in the United Kingdom egg substitute market is projected to increase at a steady pace over the forecast period. Sales in the United Kingdom egg substitute market increased at a CAGR of 6.0% in 2022. Various government bodies in the United Kingdom are implementing new norms regarding animal welfare.
The price of eggs rose substantially after the legislation went into effect, due to which food manufacturers are switching toward egg substitutes. Besides this, the shifting preference for plant-based ingredients in packaged food products is expected to continue driving the United Kingdom market.
Rising Concerns Regarding Chronic Health Disorders are Fueling Sales of Egg Replacement Products
Sales in India’s market are driven by the rising awareness about the benefits of nutraceutical supplements. The increasing incidence of chronic disorders like high blood pressure, diabetes, arthritis, and knee problems is compelling consumers to prefer vegan or vegetarian packaged food products. This is expected to emerge as a key growth factor in the Indian market in the forthcoming years. In 2022, India’s egg substitute market accounted for 3.6% of global market shares.
Country
CAGR (2022)
The United States
29.0%
The United Kingdom
6.0%
India
3.6%
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Key Players Launch New Products to Capture Growth
Glanbia Plc., Kerry Group, Archer Daniels Midland Company, Ingredion Incorporated, DuPont Nutrition & Health, and Cargill Incorporated are all present in the worldwide egg substitute market. To expand their global presence, players are investing in mergers and acquisitions. They are also investing in research and development to expand their product portfolios. They also emphasize new product launches to occupy large consumer bases.
Recent Developments Observed by FMI:
In October 2022, AcreMade launched Plant-based Egg Substitute, an egg substitute made from PURIS’ ingredient, yellow field peas. This shelf-stable powder is designed for baking or scrambling. The debut product is made from upcycled peas.
In November 2022, Nestle’ launched a new plant-based egg substitute in Latin America. The new powdered shelf-stable plant-based protein blends complement egg dishes without compromising on nutrition and cost.
Plant-B introduced a new Lupin-based liquid vegan egg substitute in February 2022. The company claims that its egg substitutes are similar to regular eggs, with 50% less calories.
Evo Foods launched Asia’s first vegan liquid egg substitute in March 2021. The company claims that its egg alternatives contain high protein levels as compared to traditional eggs.
Key Players in the Global Egg Substitute Market
Cargill Inc.
DuPont Nutrition & Health
Kerry Group
Glambia Plc.
Tate and Lyle and Ingredion Inc.
Corbion Puratos
Danone Nutricia
Flordia Food Products LLC
FIberstar Inc.
MGP Ingredients
Scope of Report
Attribute
Details
Forecast Period
2023 to 2033
Historical Data Available for
2018 to 2022
Market Analysis
US$ million for Value
Key Regions Covered
North America
Latin America
Europe
East Asia
South Asia & Pacific
The Middle East & Africa (MEA)
Key Countries Covered
The United States
Canada
Germany
The United Kingdom
Nordic
Russia
BENELUX
Poland
France
Spain
Italy
Czech Republic
Hungary
Rest of EMEAI
Brazil
Peru
Argentina
Mexico
South Africa
Northern Africa
GCC Countries
China
Japan
South Korea
India
ASIAN
Thailand
Malaysia
Indonesia
Australia
New Zealand
Others
Key Segments Covered
Form
Source
Ingredient
Application
Distribution Channel
Region
Report Coverage
Market Forecast, Company Share Analysis, Competition Intelligence, Trend Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Egg Substitute Market Segmentation
By Form:
Dry
Liquid
By Source:
Plant
Animal
By Ingredient:
Dairy Proteins
Starch
Algal Flour
Soy-based Products
By Application:
Bakery & Confectionery
Savories
Sauces
Dressings & Spreads
By Distribution Channel:
Convenience Stores
Hypermarkets
Departmental Stores
Others
By Region:
North America
Europe
Asia Pacific
Latin America
The Middle East & Africa
Frequently Asked Questions
What is the Anticipated Value of the Global Egg Substitute Market in 2023?
The egg substitute market is expected to be valued at US$ 130.5 million in 2023.
How is the Historical Performance of the Egg Substitute Market?
From 2018 to 2022, the market registered a CAGR of 3.4%.
What is the Anticipated Value of the Global Egg Substitute Market Value by 2033?
The egg substitute market is expected to reach US$ 654.3 million by 2033.
What is the Market CAGR for the United States Egg Substitute Market until 2023?
The United States egg substitute market may surge at a CAGR of 17% until 2023.
What Opportunities Await the Market Players?
Health-conscious consumers, vegan trends, and versatile culinary applications.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Form, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Form, 2023 to 2033
5.3.1. Dry
5.3.2. Liquid
5.4. Y-o-Y Growth Trend Analysis By Form, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Form, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Source
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Source, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Source, 2023 to 2033
6.3.1. Plant
6.3.2. Animal
6.4. Y-o-Y Growth Trend Analysis By Source, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Source, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Ingredient
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Ingredient, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Ingredient, 2023 to 2033
7.3.1. Dairy Proteins
7.3.2. Starch
7.3.3. Algal Flour
7.3.4. Soy-based Products
7.4. Y-o-Y Growth Trend Analysis By Ingredient, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Ingredient, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022
8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033
8.3.1. Bakery & Confectionery
8.3.2. Savories
8.3.3. Sauces
8.3.4. Dressings & Spreads
8.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
8.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel
9.1. Introduction / Key Findings
9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Distribution Channel, 2018 to 2022
9.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Distribution Channel, 2023 to 2033
9.3.1. Convenience Stores
9.3.2. Hypermarkets
9.3.3. Departmental Stores
9.3.4. Others
9.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2018 to 2022
9.5. Absolute $ Opportunity Analysis By Distribution Channel, 2023 to 2033
10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
10.1. Introduction
10.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
10.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
10.3.1. North America
10.3.2. Latin America
10.3.3. Europe
10.3.4. Asia Pacific
10.3.5. MEA
10.4. Market Attractiveness Analysis By Region
11. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. The USA
11.2.1.2. Canada
11.2.2. By Form
11.2.3. By Source
11.2.4. By Ingredient
11.2.5. By Application
11.2.6. By Distribution Channel
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Form
11.3.3. By Source
11.3.4. By Ingredient
11.3.5. By Application
11.3.6. By Distribution Channel
11.4. Key Takeaways
12. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. Brazil
12.2.1.2. Mexico
12.2.1.3. Rest of Latin America
12.2.2. By Form
12.2.3. By Source
12.2.4. By Ingredient
12.2.5. By Application
12.2.6. By Distribution Channel
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Form
12.3.3. By Source
12.3.4. By Ingredient
12.3.5. By Application
12.3.6. By Distribution Channel
12.4. Key Takeaways
13. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. Germany
13.2.1.2. United Kingdom
13.2.1.3. France
13.2.1.4. Spain
13.2.1.5. Italy
13.2.1.6. Rest of Europe
13.2.2. By Form
13.2.3. By Source
13.2.4. By Ingredient
13.2.5. By Application
13.2.6. By Distribution Channel
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Form
13.3.3. By Source
13.3.4. By Ingredient
13.3.5. By Application
13.3.6. By Distribution Channel
13.4. Key Takeaways
14. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. China
14.2.1.2. Japan
14.2.1.3. South Korea
14.2.1.4. Singapore
14.2.1.5. Thailand
14.2.1.6. Indonesia
14.2.1.7. Australia
14.2.1.8. New Zealand
14.2.1.9. Rest of Asia Pacific
14.2.2. By Form
14.2.3. By Source
14.2.4. By Ingredient
14.2.5. By Application
14.2.6. By Distribution Channel
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Form
14.3.3. By Source
14.3.4. By Ingredient
14.3.5. By Application
14.3.6. By Distribution Channel
14.4. Key Takeaways
15. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By Form
15.2.3. By Source
15.2.4. By Ingredient
15.2.5. By Application
15.2.6. By Distribution Channel
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Form
15.3.3. By Source
15.3.4. By Ingredient
15.3.5. By Application
15.3.6. By Distribution Channel
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. USA
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2022
16.1.2.1. By Form
16.1.2.2. By Source
16.1.2.3. By Ingredient
16.1.2.4. By Application
16.1.2.5. By Distribution Channel
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2022
16.2.2.1. By Form
16.2.2.2. By Source
16.2.2.3. By Ingredient
16.2.2.4. By Application
16.2.2.5. By Distribution Channel
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2022
16.3.2.1. By Form
16.3.2.2. By Source
16.3.2.3. By Ingredient
16.3.2.4. By Application
16.3.2.5. By Distribution Channel
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2022
16.4.2.1. By Form
16.4.2.2. By Source
16.4.2.3. By Ingredient
16.4.2.4. By Application
16.4.2.5. By Distribution Channel
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2022
16.5.2.1. By Form
16.5.2.2. By Source
16.5.2.3. By Ingredient
16.5.2.4. By Application
16.5.2.5. By Distribution Channel
16.6. United Kingdom
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2022
16.6.2.1. By Form
16.6.2.2. By Source
16.6.2.3. By Ingredient
16.6.2.4. By Application
16.6.2.5. By Distribution Channel
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2022
16.7.2.1. By Form
16.7.2.2. By Source
16.7.2.3. By Ingredient
16.7.2.4. By Application
16.7.2.5. By Distribution Channel
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2022
16.8.2.1. By Form
16.8.2.2. By Source
16.8.2.3. By Ingredient
16.8.2.4. By Application
16.8.2.5. By Distribution Channel
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2022
16.9.2.1. By Form
16.9.2.2. By Source
16.9.2.3. By Ingredient
16.9.2.4. By Application
16.9.2.5. By Distribution Channel
16.10. China
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2022
16.10.2.1. By Form
16.10.2.2. By Source
16.10.2.3. By Ingredient
16.10.2.4. By Application
16.10.2.5. By Distribution Channel
16.11. Japan
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2022
16.11.2.1. By Form
16.11.2.2. By Source
16.11.2.3. By Ingredient
16.11.2.4. By Application
16.11.2.5. By Distribution Channel
16.12. South Korea
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2022
16.12.2.1. By Form
16.12.2.2. By Source
16.12.2.3. By Ingredient
16.12.2.4. By Application
16.12.2.5. By Distribution Channel
16.13. Singapore
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2022
16.13.2.1. By Form
16.13.2.2. By Source
16.13.2.3. By Ingredient
16.13.2.4. By Application
16.13.2.5. By Distribution Channel
16.14. Thailand
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2022
16.14.2.1. By Form
16.14.2.2. By Source
16.14.2.3. By Ingredient
16.14.2.4. By Application
16.14.2.5. By Distribution Channel
16.15. Indonesia
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2022
16.15.2.1. By Form
16.15.2.2. By Source
16.15.2.3. By Ingredient
16.15.2.4. By Application
16.15.2.5. By Distribution Channel
16.16. Australia
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2022
16.16.2.1. By Form
16.16.2.2. By Source
16.16.2.3. By Ingredient
16.16.2.4. By Application
16.16.2.5. By Distribution Channel
16.17. New Zealand
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2022
16.17.2.1. By Form
16.17.2.2. By Source
16.17.2.3. By Ingredient
16.17.2.4. By Application
16.17.2.5. By Distribution Channel
16.18. GCC Countries
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2022
16.18.2.1. By Form
16.18.2.2. By Source
16.18.2.3. By Ingredient
16.18.2.4. By Application
16.18.2.5. By Distribution Channel
16.19. South Africa
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2022
16.19.2.1. By Form
16.19.2.2. By Source
16.19.2.3. By Ingredient
16.19.2.4. By Application
16.19.2.5. By Distribution Channel
16.20. Israel
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2022
16.20.2.1. By Form
16.20.2.2. By Source
16.20.2.3. By Ingredient
16.20.2.4. By Application
16.20.2.5. By Distribution Channel
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Form
17.3.3. By Source
17.3.4. By Ingredient
17.3.5. By Application
17.3.6. By Distribution Channel
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Cargill Inc.
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. DuPont Nutrition& Health
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. Kerry Group
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. Glambia Plc.
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. Tate and Lyle and Ingredion Inc
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. Corbion Puratos
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. Danone Nutricia
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. Florida Food Products LLC
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. Fiberstar, Inc.
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. MGP Ingredients.
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
19. Assumptions & Acronyms Used20. Research Methodology
