December 9th, 2022
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 report "Global Eggshell Membrane Market, By Type (Hydrolyzed and Unhydrolyzed), By Application (Nutraceuticals, Food & beverages, Cosmetics & Personal Care Products, Pharmaceuticals, and Other Applications), By Product (Capsule, Tablet, Powder, and Other Products), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029”.
· In March 2020, Stratum Nutrition’s natural eggshell membrane has received confirmation in a new independent study that it can reduce joint pain and stiffness in patients with grade 2 and 3 osteoarthritis knee (OA). The new statistics show that the ingredient made from upcycled eggshell membranes can take effect within seven to ten days, with clinically meaningful benefits persisting for 90 days. Tapping into both the growing naturality and the nascent upcycling food trends, NEM not only supports joint flexibility quickly but also ensures positive future joint health.
· In Febrauray 2019, Stratum Nutrition announced a new progressive joint health clinical trial evaluating the firm’s joint health ingredient NEM, a branded eggshell membrane.
A huge patient base of bone diseases and extensively rising demand for eggshell membrane as an ingredient in dietary supplements is substantially driving the growth of the global eggshell membrane market. According to data published by NIH, in the US, more than 53 million people are suffering from osteoporosis. This may create huge demand during the forecast period in the eggshell membrane market.
In developed and developing counties the demand for healthier food & beverage products remains high. Eggshell membrane is used by several food & beverage manufacturers as a key nature-source ingredient. In addition, in the upcoming years, eggshell membranes will witness a high demand in the food & beverage industry to attain a leading position. Eggshell membrane offers distinct health benefits to humans, such as proteins, calcium, and other enzymes & essential acids, for the human body. It is expected to boost market growth throughout the forecast timeline.
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 of application, 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 of product, 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.
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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, and 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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