Technavio projects that the vegan egg market will grow at a compound annual growth rate of 8.28% between 2022 and 2027, to the tune of over $910 million.
vegan egg market
The research firm estimated that the market will grow at a compound annual growth rate of 8.28% between 2022 and 2027. Researchers say that vegan eggs are becoming more popular with consumers who are open to plant-based diets.Technavio said in a press release. The firm noted that the demand has increased because of nutritional reasons, too. Vegan eggs have no saturated fat or cholesterol, unlike chicken eggs.Technavio also predicted that the vegan food market and vegan cheese market will grow at a compound annual growth rates of 12.07% and 7.97%, respectively.
LOS ANGELES, CA - JANUARY 08: Cartons of eggs sit in a freezer at a supermarket on January 8, 2023, in Los Angeles, California.
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