The global eggshell membrane market size was USD 91 billion in 2022 and is expected to reach a value of USD 167.3 billion in 2032 and register a revenue CAGR of 7% during the forecast period.The rising public knowledge of the advantages of eggshell membranes in the treatment of joint and bone problems, skin care, and other medical conditions is the main factor driving the market revenue growth. Collagen, elastin, and glucosamine, which have anti-inflammatory effects and aid in lowering pain and increasing joint mobility, are just a few of the beneficial substances found in eggshell membranes.
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Top Companies Operating in the Global Eggshell Membrane Market Report:
- Eggshell Membrane Technologies
- Eggland's Best, LLC
- ESM Technologies, LLC
- Kewpie Corporation
- Biova, LLC
- Alliance Group
- Membrane Innovation GmbH
- Miraco Carrier Inc.
- Stratum Nutrition
Driving Factors of Eggshell Membrane Market
· Growing Demand for Natural and Sustainable Ingredients: With increasing consumer awareness and preference for natural and sustainable products, there has been a rise in demand for natural ingredients in various industries, including food and beverages, cosmetics, and pharmaceuticals. Eggshell membrane, being a natural and bioactive ingredient, has gained popularity due to its potential health benefits, leading to increased demand.
· Rising Health Consciousness: Consumers are becoming more health-conscious and are seeking products that promote overall well-being and address specific health issues. Eggshell membrane is known for its potential therapeutic properties, such as joint health support, anti-inflammatory effects, and wound healing properties. As a result, the demand for eggshell membrane-based supplements, nutraceuticals, and functional foods has been increasing.
· Increasing Application Opportunities: The versatility of eggshell membrane has opened up new application opportunities across different sectors. Apart from supplements and nutraceuticals, eggshell membrane is being used in cosmetic and personal care products for its anti-aging and skin rejuvenation properties. It is also finding applications in wound care products, animal feed additives, and agricultural products, contributing to the overall market growth.
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To assist readers in making profitable business decisions, the report is written with the help of industry analysts, market segmentation, and data collection. In addition to providing a comprehensive database of technological and product advances, the report provides detailed information on growth rates, market values, as well as niche market segments.
The global Eggshell Membrane market is segmented into:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Type Outlook:
- Hydrolyzed
- Unhydrolyzed
Application Outlook:
- Nutraceuticals
- Food & Beverages
- Cosmetics & Personal Care
- Pharmaceuticals
- Others
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