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.
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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.
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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.