(Food-Beverage-News.Com, December 14, 2021 ) The global eggshell membrane market size was estimated to account for USD 105 million in 2020 and is projected to reach USD 169 million by 2025, recording a CAGR of 10.1% during the forecast period. The market is primarily driven by the increase in the adoption of the eggshell membrane as an ingredient in dietary supplements.
Hydrolyzed eggshell membrane is the most preferred type in the global market
The hydrolyzed segment accounted for a larger share in the eggshell membrane market in 2019 and is projected to follow the same trend during the forecast year. Hydrolyzed membranes are the most commonly used form by an array of industries globally, as it comprises the highest content of membrane. In addition, among the other types, the hydrolyzed type is observed to be produced by most of the eggshell membrane manufacturers, which leads to high demand for it. Thus, the demand and supply sides, both witness a high preference for hydrolyzed eggshell membrane, due to which this segment is projected to dominate the market during the forecast period.
The market in Asia Pacific is projected to grow at the highest CAGR from 2020 to 2025
Key factors encouraging the market growth in the Asia Pacific market include the increasing concentration of eggshell membrane manufacturing companies in this region. In addition, the production of eggs remains the highest across regions, globally resulting in lower cost for procuring raw materials to extract the membrane. Hence, the advancements in technologies and the requirement of abundant raw materials have led manufacturers to produce and supply eggshell membranes to various industries at a competitive price and gain an advantage over their competitors in other regions.
Furthermore, the rise in awareness regarding the benefits of eggshell membranes in food & beverage, nutraceuticals, and cosmetic & personal care applications is projected to drive the demand for eggshell membrane, which results in high exports from the surplus production of eggshell membranes in this region. Due to these factors, it is projected to account for a major share in the Asia Pacific global market.
Key Market Players
Few domestic and global players provide eggshell membrane as an ingredient across the world, making it a consolidated market. Major players have their presence in the Asia Pacific region, primarily in China and India, and in the US in North America. Key players operating in this market include 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 (Japan).
Target Audience:
1.Supply-side: Eggshell membrane manufacturers, raw material suppliers, egg breakers, eggshell membrane extraction equipment suppliers, importers, and exporters
2.Demand-side: Eggshell membrane-based product manufacturers, retailers, distributors, and wholesalers of eggshell membrane ingredient and eggshell membrane-based products Regulatory side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies
3.Associations and industry bodies: Food and Agriculture Organization (FAO), United States Department of Agriculture (USDA), European Food Safety Authority (EFSA), Arthritis Foundation, World Health Organization (WHO), All India Food Processing Association (AIFPA), National Center for Biotechnology Information (NCBI), National Library of Medicine (NLM), National Institutes of Health (NIH), Center for Food Safety (CFS), World Bank, and Organization for Economic Co-operation and Development (OECD).
