The market report analyses the market while considering various aspects of the market such as market size, market status, market trends, and forecast. The report also offers brief information on the competitors and specific growth opportunities while covering the key drivers of the market. The report has been categorized based on the different segments, including source, application, end-user and countries.
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Leading Players in the North America Plant-Based Eggs Market:
The North America Plant-Based Eggs Market is fairly fragmented, and a number of global and regional players operating in the market are:
- Follow Your Heart
- Just Inc.
- Earth Island
- Daiya Foods
- Elmhurst Milked Direct LLC
- Bob’s Red Mill Natural Foods
North America Plant-Based Eggs Market drivers:
The North America plant-based Egg market is experiencing an upsurge in demand during the forecast period. This is mainly due to the growing health awareness related to vegan diets and high antibiotic dosages in the poultry industry. Moreover, high usage of GMO feed in the poultry section for more protein content in the animal-based egg is another factors contributing to the growth of the North America plant-based Egg market. The rising economic growth and easy accessibility in retail units is further supporting the growing demand for the plant-based Egg market in North America. Furthermore, increasing the scale of marketing campaigns and new product launches by the leading players in the plant-based products business will further propel the growth of the North America plant-based Egg market. In addition to this, rising awareness about animal welfare and environmental sustainability will further bolster the growth of the North America Plant-based Egg market.
The significant shift in the lifestyle of consumers plays an important role in supporting the market growth, along with growing consciousness associated with the health benefits of plant-based egg products. The growing awareness related to salmonella bacteria found in chicken and can also get transmitted to eggs, thus leading to foodborne illness. This factor is accelerating the growth of the plant-based eggs market. Additionally, the availability of many manufacturers and innovations in the food products regarding plant-based eggs will further create new growth opportunities for the plant-based eggs market during the forecast period. On the other hand, the high cost of the vegan egg as compared to dairy-based products will hinder the growth of the North America Plant-based Egg market.
North America Plant-Based Eggs Market Segmentation:
According to the report published by GMI Research, titled “North America Plant-Based Eggs Market,” the industry is predicted to witness the highest CAGR during the forecast period. The segmentation of the market is as follows:
- Almond Milk
- Coconut Milk
- Oat Milk
- Cashew Milk
- Ready meals
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