Vegan Egg Market is Set to Expand at 8.3% CAGR through 2031
According to a recent report by Fact.MR, sales of vegan eggs are expected to reach a value of close to $3.3 billion by 2031, rising at a CAGR of around 8.3%.
The vegan egg industry is significantly supported by disease spread due to the consumption of animal-based food, says Fact.MR. For instance, salmonella germs can be carried by chickens and transmitted to eggs before the shells have formed. Salmonella is responsible for an estimated 1 million instances of food-borne illnesses in the United States each year. Antibiotic treatment of egg-laying hens has also been connected to the development of antibiotic-resistant salmonella bacteria.