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Global Eggshell Membrane Market to Grow at a CAGR of 9.6% During 2021-2026, Aided by the Rising Awareness About the Health Benefits Associated with Eggshell Membrane

According to a new report by EMR titled, ‘Global Eggshell Membrane Market Report and Forecast 2021-2026’, the market attained a value of USD 107.5 million in 2020. The industry is further expected to grow at a CAGR of 9.6% in the forecast period of 2021-2026 to reach a value of nearly USD 186.3 million by 2026.

The global market for eggshell membrane is being driven by its applications as a high potential ingredient to boosting health. With rising awareness regarding the importance of health and wellness across the world, the food and beverage industry is increasingly utilising eggshell membranes to enhance the nutritive value of consumable food items. Thus, the rising use of an eggshell membrane in powdered form as a rich source of calcium and its ability to improve joint health is bolstering the market growth. Furthermore, eggshell membrane consumption is also beneficial for bone and cartilage health and is suitable in the prevention and treatment of diseases like osteoporosis, thus significantly contributing to the market growth. In addition to this, the powdered form of an eggshell membrane has also been proven effective for treating patients with inflammatory bowel diseases. Therefore, the rising cases of inflammatory bowel diseases are aiding the market growth.

The market is being aided by the healthy competitive strategies executed by the key players, such as Stratum Nutrition and Kewpie Corporation (TYO: 2809). The former company, Stratum Nutrition, is a leading nutraceutical company that recently received approval for NEM brand eggshell membrane for pain claims in Canada in February 2021. The natural eggshell membrane, NEM by Stratum helps provide relief from joint pain due to moderate-intensity aerobic exercises as fast as only one day. According to Stratum Nutrition, NEM is the only eggshell membrane ingredient and one of only a few joint health ingredients that are supported by a portfolio of 16 research studies. NEM was initially developed for joint-related support with constant research and development. It is now being used to help with workout recovery, post-workout pain-related issues and cartilage preservation and even everyday aspects of joint-related health. Therefore, growing awareness regarding such benefits associated with the eggshell membrane is augmenting the overall market growth.

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

  • The market, based on product, can be categorised into capsule, tablet, and powder, among others.
  • On the basis of type, the market can be segmented into hydrolysed and unhydrolysed.
  • Based on application, the market can be divided into nutraceuticals, food and beverages, personal care and cosmetics, and pharmaceuticals, among others.
  • The major regional markets for eggshell membrane are North America, Latin America, Europe, the Asia Pacific, and the Middle East and Africa.

Key Findings of the Report:

  • The increasing demand for eggshell membrane in capsule form for nutraceutical applications such as skin nourishment and prevention of joint diseases is driving the market growth.
  • The growing awareness about the health benefits associated with the consumption of products containing eggshell membrane is proving impetus to the industry growth.
  • The market is being propelled by the utilisation of eggshell membranes in pharmaceutical applications in the treatment of calcium deficiency and connective tissue.
  • The surging demand for eggshell membranes from the food and beverage industry due to the booming demand for healthy food products is augmenting the overall industry growth of eggshell membranes.

Key Offerings of the Report:

  • The EMR report gives an overview of the eggshell membrane industry for the periods (2016-2020) and (2021-2026).
  • The report also offers historical (2016-2020) and forecast (2021-2026) markets for products, types, applications, and regions of eggshell membrane.
  • The report analyses market dynamics, covering the key demand and price indicators in the market along with an assessment of the SWOT and Porter’s Five Forces Model.

The major players in the global eggshell membrane market are Biova LLC, Kewpie Corporation, Ecovatec Solutions Inc, Eggnovo SL, Dutch Eggmembrane Protein Powder (DEPP) B.V., and Bolise Co., Limited, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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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.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive 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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