News

Vegan Egg Replacer Debuts Amidst Surging Egg Prices

British company Ulrick & Short's vegan egg alternative is attractive to food manufacturers looking for price-stable ingredients.

United Kingdom-based food ingredient company Ulrick & Short recently developed a vegan egg alternative called “ovaprox.” Egg prices in the European Union have increased by 55.8 percent in the year between November 2016 and 2017, which, according to the company’s executive assistant Robert Lambert, will give vegan alternatives an economic advantage. “We’ve seen a significant increase in demand from our customers for egg replacement,” Lambert told media outlet FoodIngredientsFirst. “This is mainly due to price fluctuations over recent months, and manufacturers have found that ovaprox offers a competitive and price stable alternative. Also, the growth of veganism in recent years is forcing manufacturers to look at egg alternatives, and our ovaprox is vegan.” Ovaprox is made from a combination of starches and can be used in place of eggs in baked goods, pancakes, and mayonnaise. During the 2015 avian flu epidemic, food startup Hampton Creek’s eggless Just Mayo gained market share over competing mayonnaise products that contained eggs—sparking backlash from the egg industry, particularly the American Egg Board, that began to view Hampton Creek as a formidable competitor. Subsequently, in 2017, egg company Cal-Maine Foods reported a loss of $74.3 million, which CEO Adolphus Baker attributed to the growth of vegan egg alternatives.

More News

Beyoncé Debuts New Vegan Meal-Planning App

The 22 Days Nutrition program—which the singer co-owns with nutritionist Marco Borges—has launched a new meal-planning feature to make vegan food accessible to all.
Read More »

Costco Sells One Million Vegan Burgers in 60 Days

Don Lee Farms' organic plant-based burger exceeded sales expectations and will soon be available in restaurants and the brand's other partner stores.
Read More »

James Cameron Hopes Veganism Will Make Viagra Obsolete

The celebrated director discusses The Game Changers, a film that showcases the benefits—such as longer-lasting and more frequent erections—of a plant-based diet.
Read More »

German Brand Develops Vegan Mushroom Shoe Line

Mushroom leather is the latest alternative to animal leather.
Read More »

Casey Neistat: Impossible Slider Is "Beefier Than Beef"

During a taste-test in Brooklyn, the respected YouTube personality said the animal-based cheeseburger at White Castle tasted "like mush," while the new plant-based Impossible Slider tasted "like meat."
Read More »

This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

More Videos »