8/13/2025, 5:21:00 AM | industrytoday.co.uk | news
Plant-Based Egg Substitute Market Witnessing 15.12% CAGR, Eyes USD 13.1 Billion by 2032
The plant-based egg substitute market is experiencing rapid growth, projected to expand from USD 4.25 billion in 2024 to USD 13.10 billion by 2032 at a compound annual growth rate (CAGR) of 15.12%. Driven by rising veganism, health concerns, allergies, environmental sustainability, and food innovation, these products are gaining traction across retail and foodservice sectors. Key companies include Eat Just, Beyond Meat, Impossible Foods, JUST, The Tofutti Brands, Monde Nissin, Follow Your Heart, Amy's Kitchen, Hampton Creek, Food for Life Global, SunOpta, Kraft Heinz, Nestlé, and Unilever. Market trends include expansion in foodservice, clean-label preferences, protein fortification, and regional growth in Asia-Pacific and Latin America. Innovations such as shelf-stable options, hybrid products, and customizable formulations are expected to shape future development.