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The market for eggshell membrane derivatives is driven by the rising awareness regarding health consciousness and altering food habits across the globe. Further, the extensive application of the product across various industries like nutraceuticals, cosmetics, and personal care are providing impetus to the market growth of the product. In addition, the product is largely used in the pharmaceutical industry in the manufacturing of medicines for various treatments for problems like joint pain, gastrointestinal, periodontal diseases, osteoarthritis, wound healing, and several other medicines, which is aiding the market growth of eggshell membrane derivatives. Moreover, the product is highly valued within the cosmetic and personal care industry, which utilises the product for its nutri-cosmetic ingredients that enhances the overall skin health and assists in building blocks and support the critical needs of the skin, along with offering several other benefits to skin-related issues. Thereby, the cosmetic and personal care industry is accelerating the market growth of eggshell membrane derivatives. The growth of the major e-retail channels for the personal care and cometic products like Amazon and eBay is expected to further propel the market growth. All these factors are expected to encourage the growth of the industry in the forecast period as well.
In May, 2020, Kewpie Corporation, which is a Japanese company famous for its chemical-based products, revealed the launch of a brand new product, i.e., collagen-boosting cosmetic ingredient, which is derived from the eggshell membranes. This ingredient would ensure the firmness of the skin, along with the necessary collagen. The rising research and innovation of such new products for consumer health and beauty are expected to push the market growth as there is a rising number of consumers who are becoming aware and conscious of new market trends, especially the ones related to health and beauty culture.
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Biova LLC, Kewpie Corporation, NOW Health Group, Inc., Mitushi Biopharma, and Ecovatec Solutions Inc., among others, are the key players in the global eggshell membrane derivatives market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
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