Published Date: 14-Jun-2021
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According to a new report Global Eggshell Membrane Market, published by KBV research, The Global Eggshell Membrane Market size is expected to reach $198.9 Million by 2027, rising at a market growth of 13.2% CAGR during the forecast period.
By application, the food & beverages segment dominated the eggshell membrane market in 2020 by acquiring the highest revenue share. It is due to the increasing usage of eggshell as a high-potential element in dietary supplements & functional foods as it has the ability to condition and promote joint health. Along with this, the eggshell membrane is considered an excellent source of dietary calcium, which can be used in the manufacturing of various food & beverage products. This factor has further motivated the manufacturers operating in the food & beverage sector to invest in the naturally-sourced component that gives them high ROI.
On the basis of type, Hydrolyzed egg membrane acquired the highest revenue share in 2020 due to the aspects like the mass availability, concentration, and content of the hydrolyzed egg membrane. In addition, many key producers of the eggshell membrane market are significantly producing the ingredient in the hydrolyzed form, which is projected to fuel the growth of the segment.
Region-wise, North America emerged as a leading region in the eggshell membrane market in 2020. This growth is attributed to aspects like increasing health consciousness among the consumers in the region. Hence, the growing demand for nutritious & healthy food supplements along with the high purchasing power of consumers helps in maintaining the dominance of the North American region in the global egg membrane market.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Kewpie Corporation, Microcore Research Laboratories India Private Limited, Ecovatec Solutions, Inc., Eggnovo S.L, Dutch Eggmembrane Protein Powder (DEPP) B.V., Stratum Nutrition (ESM Technologies, LLC), Certified Nutraceuticals, Inc., Bolise Co., Limited, Mitushi Biopharma, and Biova, LLC.
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