Monday, July 20, 2020

Plant-Based Eggs Market: 2019 Industry Analysis, Size, Trends, Growth and Forecast 2030 : UST, Vegg, Follow Your Heart

Animal agriculture utilizes 77% of the total agricultural land on earth; however, it is capable of supplying only 17% of the aggregated food supply required for human consumption. On the contrary, plant-based food products, including plant-based eggs, minimize greenhouse gas (GHG) emissions by eliminating biodiversity loss, deforestation, water pollution, and freshwater use. The consumption of plant produce is essentially more efficient than cultivating plants that are fed to animals for obtaining food products, such as milk, cheese, butter, yogurt, and others from them. The adoption of plant-based alternatives has witnessed a significant surge in the past few years. For instance, in 2017, it was estimated that the sale of plant-based foods accounted for approximately US$ 3.1 billion, in the U.S. alone. Plant-based egg substitutes derived from soy & mung beans are gaining significant popularity.

Major Key Players of the Plant-based Eggs Market are:
UST, Vegg, Follow Your Heart, ORGRAN, spero foods and others.



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