Market volatility drives demand for egg replacers as new online calculator is launched
With egg prices going through an extended period of volatility, Arla Foods Ingredients has launched a new calculator to help bakery companies determine how much they could save by using egg replacers in their cake recipes.
A number of events in the global egg production industry have impacted on market conditions. In 2017 and 2018, scares in the US and Europe involving Salmonella and the pesticide Fipronil caused big fluctuations in supply levels and prices. Outbreaks of avian flu in Mexico, America and Asia between 2013 and 2016 have also taken their toll, creating a highly uncertain environment for cake manufacturers in particular. Looking forward, there are fears the EU could place import levies on egg powder in 2019, which would most likely exacerbate the situation for bakers.