While plant-based meat and dairy markets are saturated with options, vegan egg substitutes have been somewhat limited – until now.
Growth of plant-based eggs
According to a report by The Plant-Based Foods Association, U.S. plant-based egg consumption rose 168 percent in 2020 and saw $27 million in sales. By 2022 the market is projected to grow into a $1.15 billion industry.
Despite the growing market, there are still relatively few players as producers look to develop vegan eggs that function like chicken eggs, with the ability to thicken, leaven, bind, and aerate, while maintaining a similar taste and texture.