Evo Foods
Evo Foods is an India-based food technology startup that manufactures plant-based egg alternatives from legume-based formulations, serving health-conscious, vegan, and flexitarian consumers through retail distribution channels.
- Company typePrivate
- Founded2019
- HeadquartersMumbai, India
- Headcount1–10
- GTM typeB2C
- OfferingHardware or Manufacturing
What Evo Foods does
Evo Foods is an India-based food technology company founded in 2019 and headquartered in Mumbai that manufactures plant-based egg alternatives using legume-based formulations. The company operates in the alternative protein segment, producing a core plant-based egg product positioned as a cholesterol-free, sustainable substitute for conventional eggs. Its technology is rooted in food formulation rather than AI or biotechnology platforms, and it does not disclose proprietary process patents or formulation IP beyond the product itself. The company is identified in third-party market reports as one of the key players in the global plant-based eggs category alongside Eat Just and Danone, competing within the legume-based sub-segment that holds an estimated 57% category share.
Evo Foods firmographics
Firmographics- Name
- Evo Foods
- Website
- https://evofoods.in
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Evo Foods is an India-based food technology startup that manufactures plant-based egg alternatives from legume-based formulations, serving health-conscious, vegan, and flexitarian consumers through retail distribution channels.
- Ownership category
- akta.pro rank
Evo Foods industry classification
Industry- Product category
- Plant-Based Food Products
- NAICS
- Perishable Prepared Food Manufacturing (311991)
- SIC
- Food And Kindred Products (2000)
- akta.pro primary industry
- Plant-Based Egg Alternatives Manufacturing (AFAKAGAC)
- akta.pro secondary industry
- Plant-Based Egg Alternatives (Liquid/Frozen/Dried Egg Replacers) (AFANAKAN)
Keywords
Where Evo Foods is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Markets served
Evo Foods business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D
Distribution channels1 record
Evo Foods product offering
Product offeringCore offering
Evo Foods is an Indian food technology company that manufactures plant-based egg alternatives formulated from legume-based ingredients. The company produces a fluffy, cholesterol-free egg substitute targeting health-conscious, vegan, and flexitarian consumers, and is recognized as a key player in the global plant-based eggs market alongside Eat Just and Danone.
Product overview
Evo Foods is a plant-based food company specializing in plant-based eggs. The company operates in the alternative protein space, offering legume-based egg alternatives as part of the growing sustainable food market. Evo Foods competes with other major players including Eat Just and Danone's Follow Your Heart brand in the plant-based eggs segment.
Differentiator
Problem solved
Functional benefit
Products and services
- Plant-Based Eggs
Companies that use Evo Foods
Customer profileSegments3 records
Ideal customer profiles2 records
Evo Foods technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Evo Foods partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights4 records
Evo Foods competitors and assessment
Company assessmentEmerging players
- Ogg Foods: Ogg Foods produces plant-based scrambled-egg alternatives from mung bean protein. It directly competes with Evo Foods in the same product format (scramble-style plant-based egg) and similar target use cases.
- The EVERY Company (formerly Clara Foods): The EVERY Company uses precision fermentation to produce animal-free egg proteins (ovalbumin). It targets the same plant-based and alternative-egg customer base as Evo Foods but via a different (fermentation) technology path.
- Zero Egg: Zero Egg is an Israel-based plant-based egg replacer for foodservice and B2B applications. It is a focused emerging competitor in the same plant-based egg category with similar product positioning.
- Float Foods: Float Foods is a Singapore-based startup behind OnlyEg, a plant-based whole egg alternative. It is an emerging Asia-region competitor pursuing the same plant-based egg opportunity as Evo Foods.
- GoodFood (Brigg's Plant-Based Egg range): GoodFood/Briggs has launched plant-based egg alternatives in the UK/EU retail market. It is an emerging competitor pursuing the same supermarket-led GTM in plant-based eggs that Evo Foods targets.
Direct peers
- Eat Just: Eat Just's JUST Egg is the global category-defining plant-based egg brand made from mung bean protein. It is Evo Foods' most direct competitor and is explicitly co-listed with Evo Foods as key players in the plant-based eggs market.
Broad incumbents
- Danone (Follow Your Heart / Plant-Based Brands): Danone is a global CPG incumbent explicitly co-listed with Evo Foods as a key player in plant-based eggs through its plant-based portfolio. As a large multinational, it offers overlapping capability but at vastly greater scale and as part of a broader food portfolio.
- Beyond Meat: Beyond Meat is a public plant-based protein incumbent best known for plant-based meats but competing for the same alt-protein shelf space, consumer occasions, and retail buyer attention as Evo Foods.
- Impossible Foods: Impossible Foods is a leading plant-based protein company competing in the broader alt-protein category. While focused on meat analogues, it targets overlapping foodservice and retail channels and the same health-conscious, flexitarian consumer base as Evo Foods.
Others
- Glanbia / Plant-Based Protein Ingredient Suppliers: Glanbia is a large ingredient supplier producing plant-based proteins (pea, legume isolates) that could supply or compete with Evo Foods' legume-based formulations. Comparable as an ecosystem/ingredient participant in the alt-protein value chain.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights6 records
Customer concentration
Evo Foods financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evo Foods leadership team
Management profileNumber of profiles
Profiles1 record
Evo Foods funding detail
Funding detailFunding overview
Funding rounds5 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evo Foods M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Evo Foods
What does Evo Foods do?
Evo Foods is an Indian food technology company that manufactures plant-based egg alternatives formulated from legume-based ingredients. The company produces a fluffy, cholesterol-free egg substitute targeting health-conscious, vegan, and flexitarian consumers, and is recognized as a key player in the global plant-based eggs market alongside Eat Just and Danone.
Is Evo Foods a public or private company?
Evo Foods is a private company. It is classified as venture growth investor backed and is currently operating.
When was Evo Foods founded?
Evo Foods was founded in 2019. It employs 1 to 10 people.
Where is Evo Foods based?
Evo Foods is headquartered in Mumbai, India, in the Asia region.
Who are Evo Foods's main competitors?
Emerging players on record are Ogg Foods, The EVERY Company (formerly Clara Foods), Zero Egg, Float Foods and GoodFood (Brigg's Plant-Based Egg range). Eat Just is listed as a direct peer. Broad incumbents are Danone (Follow Your Heart / Plant-Based Brands), Beyond Meat and Impossible Foods. Glanbia / Plant-Based Protein Ingredient Suppliers is listed as an others.
Does Evo Foods have an API?
No public API is recorded for Evo Foods.
What industry is Evo Foods in?
Evo Foods's product category is Plant-Based Food Products. Its primary akta.pro industry code is AFAKAGAC, Plant-Based Egg Alternatives Manufacturing, with a secondary code of AFANAKAN, Plant-Based Egg Alternatives (Liquid/Frozen/Dried Egg Replacers). Its NAICS code is 311991 and its SIC code is 2000.