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Glanbia Plc (Ireland) and Corbion (Netherlands) are the Key Players in the Egg Replacers Market

The growth in inclination of consumers toward low fat and low cholesterol food products is fueling the demand for egg replacers, as increase in the prevalence of diseases such as cardiovascular diseases and diabetes has been seen in major Asia-Pacific countries.<br>https://www.prnewswire.com/news-releases/egg-replacers-market-worth-12830-million-usd-by-2022-623854314.html

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Glanbia Plc (Ireland) and Corbion (Netherlands) are the Key Players in the Egg Replacers Market

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  1. MarketsandMarkets Presents Glanbia Plc (Ireland) and Corbion (Netherlands) are the Key Players in the Egg Replacers Market

  2. Introduction The egg replacers market is projected to grow at a CAGR of 6.2% from 2017 to 2022, to reach a projected value of USD 1283.0 Million by 2022. Egg replacer products have become prominent in the recent years, due to the outbreak of avian flu in major regions such as North America and Europe. Asia-Pacific is projected to be the fastest-growing market for the period considered for this study, due to an increase in demand for egg replacers in bakery and savory industries in this region and low cholesterol characteristic offered by egg replacers. China is expected to lead the market for egg replacers in the Asia-Pacific region for the next five years, as a result of growth in cardiovascular diseases and growth in concerns towards adverse effects of eggs.  Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=206833920

  3. Key Players • Cargill (U.S.) • E. I. du Pont de Nemours and Company (U.S.) • Kerry Group (Ireland), MGP Ingredients (U.S.) • Glanbia Plc (Ireland) • Corbion (Netherlands) • Ingredion Incorporated (U.S.) • Florida Food Product (U.S.)

  4. Archer Daniels Midland Company (ADM) (U.S.) is one of the kay market participants in the egg replacers market. The company has an excellent end user coverage as egg replacers provided by this company are utilized in various food industries such as savory, bakery, and confectionery. Acquisition is the key strategy adopted by this company, which aided ADM to maintain its position in the egg replacers market. For instance, in February 2016, ADM purchased a controlling stake in Harvest Innovations (U.S.), which helped ADM to strengthen its existing product portfolio and offer customers better service and fulfil their needs. Another leading and important player in the egg replacers market is Kerry Groups (Ireland). It has strengthened its product portfolio by offering cost-effective and multifunctional egg replacers. The company has a robust distribution network and supplies its products across several countries in the world. New product development has been witnessed to be a major strategy adopted by this company. For instance, in January 2017, Kerry Group introduced an egg substitute called Hyfoama in response to the increase in the prices of eggs and to provide bakery manufacturers with cost-effective egg substitutes. Other prominent companies in the egg replacers market are Glanbia Plc (Ireland) and Corbion (Netherlands), which have various and multifunctional egg replacer products in their portfolio. These companies successfully adopted new product launches as a key strategy to meet the rapidly growing demand for egg replacers. In 2015, Corbion developed and launched four different egg replacer products to offer food producers with cost effective and multifunctional solution for egg substitutes.

  5. Contact Us Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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