The eggshell membrane market refers to the industry involved in the production, processing, and distribution of eggshell membrane-based products. Eggshell membrane is the thin, protective layer located between the eggshell and egg white. It is a natural source of bioactive compounds and proteins, making it valuable for various applications across different industries.The eggshell membrane is rich in collagen, elastin, glycosaminoglycans, and other beneficial components. These natural bioactive compounds have been found to possess several health and wellness benefits, leading to the development of eggshell membrane-based products in the market.
This promotes strong joints and lessen arthritic pain and also used in cosmetics where the collagen rallies the appearance of skin. It also has anti-inflammatory, anti-bacterial, wound-healing, and wrinkles fighting properties. The global eggshell membrane market accounted for US$94.7 Million in 2019 and is estimated to be US$247.9 Million by 2029 and is anticipated to register a CAGR of 10.1%.
The eggshell membrane market has witnessed significant growth due to the following factors:
- Nutraceuticals and Dietary Supplements: Eggshell membrane is used as a key ingredient in the production of nutraceuticals and dietary supplements. These products are consumed for their potential health benefits, including joint health support, skin rejuvenation, and improved connective tissue function.
- Cosmetics and Personal Care: Eggshell membrane-based ingredients are used in the cosmetics and personal care industry. They are incorporated into skincare formulations, anti-aging creams, hair care products, and wound healing treatments due to their moisturizing, anti-inflammatory, and skin-nourishing properties.
- Food and Beverages: Eggshell membrane extracts are used as natural food additives and functional ingredients in the food and beverage industry. They enhance the nutritional profile of products, provide antioxidant properties, and contribute to the texture and stability of various food formulations.
- Pharmaceuticals: Eggshell membrane-based materials are also used in the pharmaceutical industry. They are employed in drug delivery systems, wound healing applications, and tissue engineering due to their biocompatibility, biodegradability, and potential regenerative properties.
- Animal Feed and Agriculture: Eggshell membrane derivatives find applications in animal feed formulations and agriculture. They are used as supplements for livestock and poultry, providing nutrients and supporting bone and joint health. In agriculture, eggshell membrane extracts are utilized as organic fertilizers or soil conditioners.
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COVID-19 Impact on the Market:
With the outbreak of the COVID-19, various businesses are at the forefront to combat this pandemic. The pandemic has hindered the industrial supply chain and also disrupted the production segment. Government across the countries has imposed strict lockdown to limit the spread of disease. However, increasing investments by prominent players and other industries has created growth opportunities, during this chaotic situation, to fulfill the demand of suppliers. For instance, Stratum Nutrition, a foremost supplier of the innovative, commercialized eggshell membrane, has implemented several measures to assure the well-being of employees and protect the ability to supply safe products during this pandemic. This report will quantify the impact of this pandemic on the eggshell membrane market.
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Key Market Insights from the report:
The global eggshell membrane market accounted for US$94.7 Million in 2019 and is estimated to be US$247.9 Million by 2029 and is anticipated to register a CAGR of 10.1%.The market report has been segmented on the basis of type, application, product, and region.
- Depending upon type, the hydrolyzed segment accounted for the major share in the overall market revenue in 2019.Hydrolyzed membranes are the most regularly used form by an array of industries across the globe. It includes the highest content of membrane and is preferred among all the manufacturers in the market.
- In terms ofapplication, food & beverages segment accounted for the major share in the overall market revenue in 2019. Eggshell membrane is a prominent nature-source ingredient used by various food & beverage manufacturers. Whereas, distinct health benefits associated with eggshell membrane creates a positive impact on the growth of this target market.
- In terms ofproduct, the capsules segment dominated the eggshell membrane market in 2019. Several key players are supplying eggshell membrane in capsule form and its growing use as nutraceuticals, are boosting growth of this segment. Moreover, consumers mostly prefer capsules as compared to tablets, processed powders, and gummies & chews.
- By region, eggshell membrane derivatives are becoming popular due to its healthy products or ingredients used in the overall food, pharmaceutical, and cosmetic industry. North America is one of the prominent regions for the growth of the eggshell membrane market, owing to the high affordability of consumers and increased demand for healthy and nutritious food supplements. Europe and the Asia Pacific are the leading markets in the eggshell membrane industry. The Asia Pacific is one of the fastest-growing regions with lucrative growth potentials in the eggshell membrane market, due to the growing population base and increasing health awareness among consumers.
Competitive Landscape:
The prominent player operating in the global eggshell membrane market includes
- Stratum Nutrition
- Biova LLC
- Eggnovo SL
- Kewpie Corporation
- Eggbrane
- Certified Nutraceuticals, Inc.
- Ecovatec Solutions
- Microcore Research Laboratories
- Bolise Co Limited
- Mitushi Biopharma.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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Questions by Eggshell Membrane Market:
- What are the key market trends and market dynamics?
- Who are the major players in the market and what is their market share?
- What is the competitive landscape like in the market?
- What are the major drivers and restraints affecting the market?
- What are the growth opportunities in the market?
- What are the regional and local market conditions and consumer behavior?
- What is the market size and growth forecast for different regions and countries?
- What is the impact of government regulations and policies on the market?
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