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Middle East And Africa Egg Replacers Market

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Middle East and Africa Egg Replacers Market is worth USD 76 million in 2016 and estimated to grow at a CAGR of 3.816%, to reach USD 91.6 million by 2021
Middle East And Africa Egg Replacers Market to Reach $91.6 Million
by 2021
Middle East and Africa Egg Replacers Market is worth USD 76 million in 2016 and
estimated to grow at a CAGR of 3.816%, to reach USD 91.6 million by 2021. The Middle
East and Africa Egg Replacers market is developing at an exceptionally quick pace.
Egg replacers help in the replacing or reducing egg content in foods without changing the
taste and look of the final item. These ingredients have extensive use in variety products
like cakes, muffins, mayonnaise, chocolates, custard, ice-cream, and cookies etc. Most of
these products are without any animal products, and hence are vegan and contain no
cholesterol. There are also homemade substitutes like tofu, a variety of fruits, potato starch,
mashed potato, baking powder, ground seeds, agar powder, chickpea flour etc.
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The significant driver is rising consumer awareness towards preventative healthcare and an
inclination towards products with low cholesterol levels. Also change in lifestyles and rise in
awareness of consumers regarding healthy eating habits, increase in adoption of a vegan
diet, and avian flu outbreak developed and developing nations is boosting the industry. Also
growing food and beverage industries are further expected to boost this industry.
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Market Segmentation
Source
Introduction
Plant
Animal
Form
Introduction
Dry
Liquid
Application
Introduction
Bakery & Confectionery
Savories
Sauces, Dressings, and Spreads
Others
Ingredients
Introduction
Dairy Protein
Starch
Algal Flour
Soy-Based Products
Others
The Middle East and Africa Egg Replacers market is segmented on the basis of Application,
Ingredients, source, form and region. Based on application the market is segmented into
Bakery & confectionery, Savories, Sauces, dressings & spreads and others. The bakery &
confectionery segment is estimated to dominate the egg replacers market in 2017. Based
on Ingredients the market is segmented into Dairy proteins, Starch, Algal flour, Soy-based
products, and others. Dairy protein is estimated to be the largest segment in egg replacers
market in 2017. Based on Source the market is segmented into Plant and Animal. Based on
Form the market is segmented into Dry and Liquid. Dry egg replacers accounted for the
largest market share in 2016.
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Geographically, market is further segmented into Middle East and Africa. Middle East and
Africa has an untapped market and key players are slowly expanding to this region which is
the main reason for the growth of market in this region.
Archer Daniels Midland Company (U.S.), Glanbia Plc (Ireland), Kerry Group (Ireland),
Cargill (U.S.), Ingredion Incorporated (U.S.), and Corbion (Netherlands) Company are the
leaders in the Middle East and Africa Egg Replacers market.
Scope of The Report:
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Regional and country-level analysis and forecasts of the study market; providing
Insights on the major countries/regions in which this industry is blooming and to
also identify the regions that are still untapped
Segment-level analysis in terms by type, packaging and meat type along with
market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities and challenges (DROC) in the
market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the Regional
market; which includes broadly demographic, economic and political, among other
macro-environmental factors presented in an extensive PESTLE Analysis
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Study the micro environment factors that determine the overall profitability of an
Industry, using Porter’s five forces analysis for analyzing the level of competition
and business strategy development
A comprehensive list of key market players along with their product portfolio,
current strategic interests, key financial information, legal issues, SWOT analysis and
analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations
in the field along with new product launches, comparative financial studies and
recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decisionmaking personnel can rapidly become acquainted with background information,
concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide
both individuals and organizations a strong financial foothold in the market
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corporate clients. Our analyst team comprises expert professionals in market research, who with their collective
knowledge and sksillset dedicatedly serve clients from various industries and regions.
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Author
Bhargav
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