Flaxseed Based Egg Market Share, Size, Trends, Industry Analysis Report, By Type (Golden Flaxseeds and Brown Flaxseeds); By Application; By End-Use; By Distribution Channel; By Region; Segment Forecast, 2023 - 2032
- Published Date:Aug-2023
- Pages: 116
- Format: PDF
- Report ID: PM3723
- Base Year: 2022
- Historical Data: 2019-2021
Report Outlook
The global flaxseed based egg market was valued at USD 7,084.13 million in 2022 and is expected to grow at a CAGR of 6.4% during the forecast period.
Flaxseed is a great source of fiber, fat, and beneficial antioxidants. Essential lignans, omega-3 fatty acids, and proteins are found in this seed. The seed's nutrients assist in reducing the risk of cancer, diabetes, and heart disease. Flaxseed-based eggs offer various health benefits that are driving the market's growth over the forecast period. Alpha-linoleic (ALA), fiber, and omega-3 fatty acids are just a few of the health benefits of eggs made from flaxseed. It functions in recipes as a fat substitute, a major contributor to the increased demand for flaxseed-based eggs.
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Most consumers are moving towards various vegan options, causing a significant shift in the global food business. Flax eggs are a common alternative for vegans and anyone with egg allergies or sensitivities. It is entirely vegan, without dairy, gluten, nuts, and other allergens, making it an excellent alternative for those who follow an egg-free diet. The majority of flax eggs only include water and milled flaxseeds.
In addition, the soluble fiber in flaxseeds reacts with water to create a sticky gel that resembles egg whites. This facilitates the binding of ingredients, resulting in a smooth batter for vegan bread and cookie recipes that need flour. As a result, the market for flaxseed-based egg substitutes is growing exponentially. This has also been made easier by the emergence of numerous bird diseases like bird flu, which have decreased demand for eggs and led many to turn to flaxseed-based egg substitutes.
Consumers may switch from eggs to their equivalent for various reasons, including allergies, dietary preferences, ethical aspects, and environmental concerns. According to the American College of Allergy, Asthma, & Immunology data, up to 2% of children have an egg allergy. Fortunately, research indicates people aged 16, over 70% of kids suffer from egg allergies.
Egg allergies in children can cause symptoms ranging from anaphylaxis, which affects breathing and can put the body into shock. These are the major negative effects of eggs, shifting consumers' demand from eggs to vegan flaxseeds-based eggs. The adoption of flaxseed-based eggs can reduce the problems in children and can provide protein as well. These important elements are anticipated to increase the demand for flaxseed-based eggs.
In the new post-COVID-19 era, consumers seek high-quality, wholesome foods made with natural ingredients to stay healthy, protect the environment, and sustain local businesses. Bakery snacks are a crucial component of the human diet and will remain a popular food option. Functional foods are altered, upgraded, or improved foods that provide essential nutrients to the body when included in a varied and balanced diet. Omega-3 fatty acids and probiotics have recently gained popularity as additives to bread goods. Omega-3 fatty acid-enriched baked goods may present a fresh option for creating locally consumable functional foods, supporting the public health prevention efforts required in the post-COVID-19 time.
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Industry Dynamics
Growth Drivers
Rising concerns about the environment and aminal rise
Worldwide, veganism is getting increasingly popular as people's concerns about the environment and animals rise through their upbringing and social structure, farm animals contributing to the greenhouse effect. To stop ambient heat from escaping and increasing the temperature, GHGs are emitted through livestock agriculture. The rising demand for meat from animals requires excessive use of animal farming. By eliminating the demand for excessive animal production, a rise in vegan food consumers reduces greenhouse gas emissions in the environment.
Additionally, eggs are scarce. Hence the global market is anticipated to expand quickly over the next few years. Other factors expected to drive the global market over the predicted period include the rising demand for vegetable ingredients and high egg prices. Egg components made from flaxseed encourage a reduction in egg content without changing the appearance or flavor of the product. These egg alternatives use various components, including milk and modified food starch. Manufacturers started to make egg substitutes as consumer tastes for egg replacers altered. Egg substitute producers may have better opportunities in the future because they offer greater functionality than eggs without any associated problems. Hence, the demand for flaxseed baed eggs is rising rapidly as the need for a vegan diet is increasing, driving the market growth.
Report Segmentation
The market is primarily segmented based on type, application, end-use, distribution channel, and region.
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By Type |
By Application |
By End-Use |
By Distribution Channel |
By Region |
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By Type
The Ground Flaxseed segment is expected to witness the fastest growth during forecast period
The ground flaxseed segment is anticipated to witness the fastest growth during the projected period. One of the main factors propelling the market over the forecast period is the rising consumption of flaxseed as a nutritional supplement. The risk of diabetes, stroke, malignancy, and heart disease is decreased by ground flaxseed. Additionally, nutrients like omega 6 and omega 3 fatty acids improve physiological functionality. Further, flaxseed oil reduces cholesterol, gallstones, and constipation, regulates blood pressure, and has diverticular problems, which promotes hair development.
Additionally a rich source of protein, ground flaxseed also includes a sizable amount of each of the nine essential amino acids. Additionally, seeds have anti-allergic properties and stimulate hair growth. Additionally, eating ground flaxseeds aids in lowering depression and enhancing neurological functions. All of these elements could contribute to a future development spurt in the flaxseed industry.
By Application
Bakery accounted for significant market share in 2022
The demand for flaxseed is rising in industrialized nations as a result of its abundance of several critical amino acids, lipids, & proteins. Due to growing public awareness of the health benefits of flaxseed, the U.S. is one of the world's top consumers. Worldwide consumption of flaxseed meals is rising due to its abundance of vital antioxidants, minerals, amino acids, & fatty acids, which contribute to the maintenance of low salt & cholesterol levels. Due to its high fiber content, flaxseed is becoming increasingly popular among consumers concerned about their weight.
Throughout the projected period, segment expansion is anticipated to be fueled by flaxseed expanding use in energy bars, morning cereals, & bakery goods. To improve the nutritional value and sensory aspects of their baked goods, manufacturers of bakery goods are also employing flaxseed flour more frequently. Throughout the predicted period, this should give growth prospects.
Regional Analysis
The demand in Asia-Pacific is expected to witness the fastest growth during forecast period
The Asia-Pacific is growing with the fastest CAGR in the market during the forecast period because there is a growing need for egg alternatives in bakeries and other sectors of the economy and because egg-based substitutes have low cholesterol levels. CVDs and growing concerns regarding the harmful consequences of eggs have made China open to employing egg-based substitutes in recipes. Because it combines accessible, regulated raw materials with low production costs and open regulation, the Asia Pacific area is preferred for manufacturing plants. These producers of egg substitutes can set reasonable prices for their products.
Competitive Insight
The Flaxseed Based Egg market is fragmented and is anticipated to witness competition due to several players' presence. Major service providers in the market are constantly upgrading their technologies to stay ahead of the competition and to ensure efficiency, integrity, and safety. These players focus on partnership, product upgrades, and collaboration to gain a competitive edge over their peers and capture a significant market share.
Some of the major players operating in the global market include:
- All Organic Treasures
- Austrade
- Cargill Inc.
- Clearspring
- Corbion
- Danone Nutricia
- Dupont
- Florida Food Products
- Fiberstar, Inc.
- Glanbia PLC
- Leader Foods
- MGP Ingredients
- Omega Protein
- Puratos
- Simosis
- Sunnyville Farms
- TA Foods
- Tate & Lyle
Recent Developments
- In May 2022, a partnership between Evo Foods and Ginkgo Bioworks was revealed to create a process for making egg proteins without the usage of animals for use in Evo's products. Evo hopes to develop far better egg substitutes through its partnership with Ginkgo.
Flaxseed-Based Egg Market Report Scope
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Report Attributes |
Details |
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Market size value in 2023 |
USD 7,526.17 million |
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Revenue Forecast in 2032 |
USD 13,198.25 million |
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CAGR |
6.4% from 2023 - 2032 |
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Base year |
2022 |
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Historical data |
2019 - 2021 |
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Forecast period |
2023 - 2032 |
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Quantitative units |
Revenue in USD million and CAGR from 2023 to 2032 |
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Segments Covered |
By Type, By Application, By End-Use, By Distribution Channel, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Customization |
Report customization as per your requirements with respect to countries, region and segmentation. |
FAQ's
Flaxseed Based Egg Market Size Worth $13,198.25 Million By 2032.
Key players flaxseed based egg market are All Organic Treasures, Austrade, Cargill Inc., Clearspring, Corbion.
Asia Pacific contribute notably towards the global flaxseed based egg market.
The global flaxseed based egg market is expected to grow at a CAGR of 6.4% during the forecast period.
The flaxseed based egg market report covering key segments are type, application, end-use, distribution channel, and region.
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