Egg Replacers Market worth $3.3 billion by 2029 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]
MGP Ingredients, Inc. (MGPI)
Last mgp ingredients, inc. earnings: 4/30 07:30 am
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Source: Yahoo! Finance
billion by 2029, at a CAGR of 8.0% from 2024 to 2029 according to a report published by MarketsandMarkets™. Here are some of the key reasons that contribute to the great demand for egg replacers. According to the Food Allergen Labeling and Consumer Protection Act, egg is one of the eight major food allergens required to be declared on labels. This is very important, as it is estimated that 0.5 – 2.5% of young children are affected by an egg allergy, which can cause very mild rashes at best or very serious anaphylaxis at worst. The presence of eggs in food products deters consumers seeking allergen-free options, as often just one family member with an allergy leads an entire family to follow a restricted diet. In correspondence with the trend gaining ground, there seems to be a great deal of awareness towards flexitarian diets and sustainable eating, all of which has been a major reason for boosting the demand for plant-based alternatives to meat , egg, and dairy products. These have
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MGPI
Earnings
- 8/1/24 - Beat
MGPI
Sec Filings
- 9/6/24 - Form 4
- 9/5/24 - Form 4
- 8/30/24 - Form 144/A
- MGPI's page on the SEC website