Plant Based Egg Substitute Market - By Ingredient , By Type , By Form , By Function , By Packaging Type , By Application , By Distribution Channel , By Geography - Opportunity Analysis & Industry Forecast, 2025-2031.

Report Code: FBR 0737 Report Format: PDF + Excel

Plant Based Egg Substitute Market Overview

The Plant Based Egg Substitute Market size is forecast to reach US$3.7 billion by 2031, after growing at a CAGR of 17.3% during 2025-2031. The increasing adoption of vegan, vegetarian, and flexitarian diets boosts the demand for plant-based alternatives including plant based egg substitutes. Consumers are seeking healthier options and plant-based egg substitutes often have lower cholesterol and fat content compared to traditional eggs. Many consumers with egg allergies or dietary restrictions turn to plant-based alternatives as a safe and functional option. Additionally, innovations in food science led to improvements in taste, texture and mouthfeel of plant-based egg substitutes making them more appealing to consumers. 

A significant trend in the market is product diversification. Companies are launching a variety of plant-based egg formats such as liquid, powdered and frozen to cater to diverse consumer needs and applications. Another notable trend in the market is the adoption of plant based egg substitutes by the food service industry. Plant-based eggs are being adopted by restaurants and fast-food chains to create vegan menu options further driving their popularity. According to The State of Plant-Based in Food Service by the Plant-Based Foods Association (PBFA), 28% of food service operators plan to add more plant-based menu items as 60% of restaurants operators see plant-based menu items as a long-term trend.

Plant Based Egg Substitute Market - Report Coverage:

The “Plant Based Egg Substitute Market Report - Forecast (2025-2031)” by IndustryARC, covers an in-depth analysis of the following segments in the Plant Based Egg Substitute Market.

Attribute Segment

By Ingredient

  • Legume-Based
  • Starch-Based
  • Seed & Nut-Based
  • Others

By Type

  • Whole Egg
  • Egg White
  • Egg Yolk

By Form

  • Powder
  • Liquid
  • Others

By Function

  • Partial Egg Replacement
  • Full Egg Replacement
  • Egg Wash Substitute
  • Others

By Packaging

  • Bottles
  • Pouches
  • Tetra Packs
  • Others

By Application

  • Breakfast
  • Bakery & Confectionery
  • Processed Foods
  • Dairy & Frozen Desserts
  • Others

By Distribution Channel

  • Offline
  • Online

 

By Geography

  • North America (U.S, Canada and Mexico)
  • Europe (Germany, France, UK, France, Italy, Spain, Netherlands, Belgium, Denmark, and Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand, Indonesia, Thailand and Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Chile, Colombia, and Rest of South America)
  • Rest of the World (Middle East and Africa).

Key Takeaways

North America Leads the Market

North America leads the Plant Based Egg Substitute Market primarily due to its large vegan population and high incidence of egg allergies. The region is also characterized by a well-established food processing industry and strong demand for innovative, sustainable food products. The United States is at the forefront of adopting Plant Based Egg Substitutes in various applications driven by a growing vegan population, consumer awareness regarding environmental issues and changing dietary needs. Additionally, the spread of highly contagious avian influenza has severely impacted the traditional egg production industry. In the Q4 2024, the U.S. Department of Agriculture (USDA) reported that around 20 million egg-laying hens died due to the virus leading to a supply shortage and price hikes of traditional eggs. This further accelerated the shift towards plant-based egg substitutes as a reliable alternative. 

Legume-Based is the Largest Segment

Legume-based plant-based eggs hold the largest market share due to their high protein content, excellent binding properties, and versatility in cooking. Mung beans, chickpeas and pea protein are the most commonly used legumes in plant-based egg formulations as they closely mimic the texture, functionality and taste of traditional eggs. Mung bean-based eggs, in particular, have gained immense popularity due to their ability to scramble like conventional eggs making them a preferred choice for consumers and foodservice providers. Additionally, legumes are rich in essential amino acids making them nutritionally competitive with animal-based eggs. Their neutral taste allows for seamless integration into various recipes from scrambled eggs to baked goods. For instance, German startup, Neggst, plant based eggs are made from fava bean, pea and sweet potato proteins predominantly sourced from across Europe. Additionally, Neggst’s eggs are rich in B12 and contain 50% of the protein found in chicken eggs. With the increasing consumer awareness of allergen-free and gluten-free alternatives, legume-based plant-based eggs continue to dominate the market.

Liquid Based Eggs is the Largest Segment

Liquid plant-based eggs hold the largest share in the market primarily due to their convenience, versatility and ability to replace traditional eggs in various culinary applications. Unlike powdered or frozen alternatives, liquid plant-based eggs are ready-to-use making them a preferred choice for consumers and foodservice providers. Estimates indicate that in 2024, approximately 2.5 million people or about 4.7% of the adult population identify as vegan in the UK. This represents a continued increase from previous years where estimates were between 2-4%. The growing vegan population drives the demand for liquid based vegan eggs as their texture and cooking behavior closely resemble traditional eggs making them suitable for scrambling, omelettes and baking. In January 2024, Barcelona-based startup UOBO launched liquid plant-based eggs for food service in the Spanish market. Additionally, liquid plant-based eggs are widely available in grocery stores, supermarkets and online platforms further driving their market dominance

Growing Health Consciousness Drives the Market 

Rising health consciousness among consumers is one of the primary drivers of the Plant Based Egg Substitute Market. With increasing concerns about heart disease, high cholesterol, and overall wellness, many consumers are shifting to plant-based diets, seeking Plant Based Egg Substitutes that provide similar nutritional benefits without the risks associated with traditional eggs. A survey of 10,194 people from the UK over the age of 15 by the Vegan Society demonstrated an upward trend in vegan and plant-based diets. The survey found that 10% of people are reducing or eliminating animal products from their diets.  This shift toward healthier alternatives is also fueled by the rising demand for allergen-free products as egg allergies affect a significant portion of the population. Additionally, Plant Based Egg Substitutes are an attractive choice for individuals following keto, gluten-free and low-cholesterol diets further expanding the market’s reach. As awareness of the health risks of traditional eggs grows the market for healthier egg alternatives will continue to rise, benefiting from the demand for plant-based diets.

Plant Based Egg Substitute Market

Key Market Players

Global Plant Based Egg Substitute top 10 companies include:

  1. Eat Just, Inc.
  2. Yo Egg
  3. The EVERY Company
  4. The Vegg New York, LLC 
  5. OGGS
  6. Float Foods
  7. Bob’s Red Mill Natural Foods, Inc. 
  8. Crackd
  9. Meliora Foods Pty Ltd
  10. Lovely Day Foods GmbH

Scope of the Report:

Report Metric Details

Base Year Considered

2024

Forecast Period

2025–2031

CAGR

17.3%

Market Size in 2031

$3.7 Billion

Segments Covered

By Ingredient, By Type, By Form, By Function, By Packaging, By Application, By Distribution Channel, and By Geography

 

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, France, Italy, Spain, Netherlands, Belgium, Denmark, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand, Indonesia, Thailand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa)

Key Market Players

  1. Eat Just, Inc.
  2. Yo Egg
  3. The EVERY Company
  4. The Vegg New York, LLC
  5. OGGS
  6. Float Foods
  7. Bob’s Red Mill Natural Foods, Inc.
  8. Crackd
  9. Meliora Foods Pty Ltd
  10. Lovely Day Foods GmbH

 

 

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  1. Plant Based Egg Substitute Market- Market Overview
          1.1 Definitions and Scope
  2. Plant Based Egg Substitute Market - Executive Summary
          2.1 Key Trends by Type
          2.2 Key Trends by Ingredient
          2.3 Key Trends by Form
          2.4 Key Trends by Function
          2.5 Key Trends by Packaging
          2.6 Key Trends by Application
          2.7 Key Trends by Distribution Channel
          2.8 Key Trends by Geography
  3. Plant Based Egg Substitute Market – Comparative analysis
          3.1 Market Share Analysis- Major Companies
          3.2 Product Benchmarking- Major Companies
          3.3 Top 5 Financials Analysis
          3.4 Patent Analysis- Major Companies
          3.5 Pricing Analysis (ASPs will be provided)
  4. Plant Based Egg Substitute Market - Startup Companies Scenario 
          4.1 Major startup company analysis:
                    4.1.1 Investment
                    4.1.2 Revenue
                    4.1.3 Product portfolio
                    4.1.4 Venture Capital and Funding Scenario
  5. Plant Based Egg Substitute Market – Industry Market Entry Scenario Premium 
          5.1 Regulatory Framework Overview
          5.2 New Business and Ease of Doing Business Index
          5.3 Successful Venture Profiles
          5.4 Customer Analysis – Major companies
  6. Plant Based Egg Substitute Market - Market Forces
          6.1 Market Drivers
          6.2 Market Constraints
          6.3 Porters Five Force Model
                    6.3.1 Bargaining Power of Suppliers
                    6.3.2 Bargaining Powers of Buyers
                    6.3.3 Threat of New Entrants
                    6.3.4 Competitive Rivalry
                    6.3.5 Threat of Substitutes
  7. Plant Based Egg Substitute Market – Strategic Analysis
          7.1 Value/Supply Chain Analysis
          7.2 Opportunity Analysis
      7.3    Product/Market Life Cycle
      7.4 Distributor Analysis – Major Companies
  8. Plant Based Egg Substitute Market – By Ingredient (Market Size -US$ Million/Billion)
      8.1    Legume- Based
            8.1.1.    Mung Bean
            8.1.2.    Chickpea
            8.1.3.    Pea Protein
            8.1.4.    Others
      8.2    Starch-Based
            8.2.1.    Cornstarch
            8.2.2.    Potato Starch
            8.2.3.    Tapioca Starch
            8.2.4.    Others
      8.3    Seed & Nut-Based
            8.3.1.    Flaxseed
            8.3.2.    Chia Seed
            8.3.3.    Sunflower Lecithin
            8.3.4.    Others
      8.4    Others
  9.    Plant Based Egg Substitute Market – By Type (Market Size -US$ Million/Billion)
      9.1. Whole Egg 
      9.2. Egg White 
      9.3. Egg Yolk
  10.    Plant Based Egg Substitute Market – By Form (Market Size -US$ Million/Billion)
      10.1. Powder
      10.2. Liquid 
      10.3. Others
  11.    Plant Based Egg Substitute Market – By Function (Market Size -US$ Million/Billion)
      11.1 Partial Egg Replacement
      11.2 Full Egg Replacement
      11.3 Egg Wash Substitute 
      11.4 Others
  12.    Plant Based Egg Substitute Market – By Packaging (Market Size -US$ Million/Billion)
      12.1 Partial Egg Replacement
      12.2 Full Egg Replacement
      12.3 Egg Wash Substitute 
      12.4 Others
  13.    Plant Based Egg Substitute Market – By Application (Market Size -US$ Million/Billion)
      13.1     Breakfast
      13.2     Bakery & Confectionery
      13.3     Processed Foods
      13.4     Dairy & Frozen Dessert
      13.5     Others 
  14. Plant Based Egg Substitute Market – By Distribution Channel (Market Size - US$ Million/Billion)
      14.1     Offline
            14.1.1    Supermarkets/Hypermarkets
            14.1.2    Convenience Stores 
            14.1.3    Speciality Stores
            14.1.4    Others
      14.2     Online 
  15. Plant Based Egg Substitute Market - By Geography (Market Size -US$ Million/Billion)
          15.1 North America
                    15.1.1 USA
                    15.1.2 Canada
                    15.1.3 Mexico
          15.2 Europe
                    15.2.1 UK
                    15.2.2 Germany
                    15.2.3 France
                    15.2.4 Italy
                    15.2.5 Spain
                    15.2.6 Netherlands
                    15.2.7 Belgium
                    15.2.8 Denmark      
                    15.2.9 Rest of Europe
          15.3 Asia-Pacific
                    15.3.1 China
                    15.3.2 Japan
                    15.3.3 India
                    15.3.4 South Korea
                    15.3.5 Indonesia
                    15.3.6 Thailand
                    15.3.7 Malaysia
                    15.3.8 Australia
                    15.3.9 Rest of APAC
          15.4 South America
                    15.4.1 Brazil
                    15.4.2 Argentina
                    15.4.3 Chile
                    15.4.4 Colombia
                    15.4.5 Rest of South America
          15.5 Rest of the World
                    15.5.1 Middle East
                    15.5.2 Africa
  16. Plant Based Egg Substitute Market – Entropy
          16.1 New Product Launches
          16.2 M&As, Collaborations, JVs and Partnerships
  17. Plant Based Egg Substitute Market – Industry/Segment Competition Landscape 
          17.1 Company Benchmarking Matrix – Major Companies
          17.2 Market Share at Global Level – Major companies
          17.3 Market Share by Key Region – Major companies
          17.4 Market Share by Key Country – Major companies
          17.5 Market Share by Key Application – Major companies
  18. Plant Based Egg Substitute Market – Key Company List by Country Premium 
  19. Plant Based Egg Substitute Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
      19.1     Eat Just, Inc.
      19.2     Yo Egg
      19.3     The EVERY Company
      19.4     The Vegg New York, LLC 
      19.5     OGGS
      19.6     Float Foods
      19.7     Bob’s Red Mill Natural Foods, Inc. 
      19.8     Crackd
      19.9     Meliora Foods Pty Ltd
      19.10    Lovely Day Foods GmbH
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The Plant Based Egg Substitute Market is projected to grow at a CAGR of 17.3% during the forecast period 2025-2031.

The Plant Based Egg Substitute Market size is estimated to be $1.7 billion in 2024 and is projected to reach $3.7 billion by 2031.

The leading players in the Plant Based Egg Substitute Market include Eat Just, Inc, Yo Egg, The EVERY Company, The Vegg New York, LLC, OGGS and Others

Major trends such as product diversification and the adoption of plant based egg substitutes by the food service industry will create growth opportunities during the forecast period.

The growing vegan population, rising consumer awareness, focus on sustainability and technical advancements are the key driving factors and opportunities in the Plant Based Egg Substitute Market.