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Global Eggshell Membrane Derivatives Market to Reach USD 170 Million by 2026, Driven by Rising Health Consciousness

According to a new report by EMR titled, 'Global Eggshell Membrane Derivatives Market Report and Forecast 2021-2026', the global market for eggshell membrane derivatives reached a value of USD 95 million in 2020. The market is expected to grow at a CAGR of 10% in between 2021 and 2026 to reach USD 170 million by 2026.

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.

Market Analysis by Form, Type, Application, and Region:

  • The eggshell membrane derivatives industry, on the basis of form, is divided into powdered, and concentrated, among others.
  • Based on type, the market is bifurcated into hydrolysed and unhydrolysed.
  • By application, the industry is segmented into nutraceuticals, food and beverage, pet food, and cosmetics and personal care, among others.
  • Regionally, the market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global eggshell membrane derivatives industry is being driven by the inflating disposable income of the population.
  • The market is aided by the growing demand for healthy and sustainable options over the recent years.
  • The increasing health issues and diseases caused by global warming, climatic change, excessive work, and busy lifestyle, have significantly influenced the market for eggshell membrane derivatives positively.
  • The extensive application of the product across various products, such as food supplements, and baby products, are enhancing the market growth of the product.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for eggshell membrane derivatives for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the forms, types, applications, and major regions of eggshell membrane derivatives. 
  • It gives an in-depth look at the regional price trends in the global market for eggshell membrane derivatives.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

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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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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