The rising health awareness among population globally and other major driving factors is expected to favour the rise in the global eggshell membrane market
Reports & Insights has published a new report titled, “Eggshell Membrane Market: Opportunity Analysis and Future Assessment 2020-2028”
Global Eggshell Membrane Market, By Type (Hydrolyzed and Unhydrolyzed), By Application (Nutraceuticals, Food & beverages, Cosmetics & personal care products, Pharmaceuticals, Other applications), By Product (Capsule, Tablet, Powder, Other products) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.
The global eggshell membrane market is estimated to reach at a value of US$ 121.8 Mn by the end of 2020 and expected to reach at a value of US$ 261.7 Mn by 2028 with a significant CAGR of 9.9%
Natural Eggshell Membrane (NEM) can be perceived as a novel dietary supplement that consists of naturally occurring proteins and glycosaminoglycans that is significant for retaining healthy joint and conjunctive tissues. As per the recent reports, eggshell membrane comprises umpteen benefits and is recognized as a major growth domain in the food and beverage industry where the potential usage of eggshell membrane ranges from bakery to prepared food commodities.
In the present day and age, the eggshell membrane market is seen as the goldmine of opportunities as it has applications in numerous industries all across the world, which is likely to boost its market growth in the following years.
Notably, the eggshell carries an immense amount of proteins and naturally occurring potions which are beneficial to treat disorders like arthritis. Other than that, it also contains protein in the form of collagen which further diverse its application in the cosmetics and personal care industry as well, thereby propelling its entire growth in the near future.
Moreover, the growing health awareness among the population, nowadays, and associated variation in the consumption habits is also projected to offer positive growth to the global eggshell membrane market over the forecast period.
Furthermore, the growing incidences of osteoarthritis among the masses, specifically in the geriatric population is also contributing to the eggshell membrane market growth owing to its competency in treating joint disorders, relieving arthritic pain and effectively improving bone density. Therefore, the global eggshell membrane market is estimated to observe major breakthroughs in the coming years.
Reports and Insights Study identifies some of the key participating players in the eggshell membrane market globally are Biova LLC, Microcore Research Laboratories, Ecovatec Solutions, Eggnovo SL, Eggbrane, Stratum Nutrition, Certified Nutraceuticals Inc, Bolise Co Limited, Mitushi Biopharma, and Kewpie Corporation, among others.
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