According to a recent report by Future Market Insights, a market research and competitive intelligence provider, the eggshell membrane market is estimated to reach a value of USD 200 Mn by 2032, surging at 10.5% CAGR through the decade.
The use of eggshell membrane as a source of dietary calcium
in food and beverage applications is gaining traction as food and beverage
manufacturers direct their investments to a naturally sourced component that
ensures a high valued return.
The increased use of nutraceutical and cosmetic products has
aided in the prevention of human joint health-related diseases and skin
nourishment, which is a major factor driving demand. However,
multi-functionalities in industries such as food and beverage and
pharmaceutical support the treatment of connective tissue and joint disorder
issues, as well as calcium deficiency, using eggshell membrane for joint
products, which eventually contributes to total demand.
The increased use of nutraceutical and cosmetic products has
aided in the prevention of human joint health-related diseases and skin
nourishment, which is a major factor driving demand. However,
multi-functionalities in industries such as food and beverage and
pharmaceutical support the treatment of connective tissue and joint disorder
issues, as well as calcium deficiency, using eggshell membrane for joint
products, which eventually contributes to total demand.
Key Takeaways from Market Study
- From
2022 to 2032, the market for eggshell membranes in the United States is
expected to grow at a 7.5% CAGR.
- Because
of the government’s increased focus on improving health care facilities
and raising public awareness about the benefits of nutraceutical
supplements, India is expected to grow at a positive rate of around 6.5%
CAGR.
- Japan
has a sizable elderly population. The use of eggshell membrane powder is
increasing in people who have knee and joint pains or other diseases.
- Among
Asian countries, South Korea is one of the leading contributors to the
cosmetics industry. South Korea’s market is poised to expand in the coming
year.
- The
growing number of eggshell membrane manufacturers in China is driving the
eggshell membrane market.
“Over the next decade, demand for eggshell membranes in
the food and beverage sector is expected to account for nearly half of total
demand. Furthermore, the market has benefited from the awarding of the novel
food status,” says a Future Market Insights analyst.
Competitive Landscape
The global eggshell membrane market is expected to become
more competitive, with players concentrating their efforts on gaining a
competitive advantage and expanding their market foothold. R&D investments
are not the only ones that businesses can make. They are also focusing on
product launches to gain a competitive advantage.
- Stratum
Nutrition (US) signed a distribution agreement with 3i Solutions (US) in
March 2020 to expand its consumer base in the human nutrition segment.
- Stratum
Nutrition (US) was named a preferred supplier for the National Animal
Supplement Council (NASC) in January 2019 for its line of products, which
includes natural eggshell membrane, eggshell calcium, curcumin, and
eggshell collagen ingredients.
Biova LLC (US), Microcore Research Laboratories (India),
Ecovatec Solutions (Canada), Eggnovo SL (Spain), Eggbrane (Netherlands),
Stratum Nutrition (US), Certified Nutraceuticals Inc (US), Bolise Co Limited
(China), Mitushi Biopharma (India), and Kewpie Corporation are key players in this
market (Japan).
Explore More Valuable Insights
Future Market Insights, in its new report, offers an
impartial analysis of the global eggshell membrane market, presenting
historical data (2017-2021) and estimation statistics for the forecast period
of 2022-2032.
The study offers compelling insights based on type (Powdered
Eggshell Membrane, Concentrated Eggshell Membrane, Other Eggshell membrane
Derivatives) application (Nutraceuticals, Food & Beverage, Pet Food
Industry, Cosmetic & Personal Care, Other Applications) region (North
America, Latin America, Europe, East Asia, South Asia, Oceania, MEA).
About Food & Beverage Division at Future Market
Insights
The Food & Beverage team at Future Market Insights
provides all the necessary insights and consulting analysis to fulfill the
unique business intelligence needs of clients worldwide. With a catalog of more
than 500 reports pertaining to the latest statistics and analysis from the food
& beverage industry, the team is happy to help with every business intelligence
research and consulting requirement.