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.
Newly released data from Eggshell Membrane Powder Market analysis by Future Market Analysis shows that the global eggshell market captured a market size of USD 125 Million in the year 2021 and is expected to grow at a CAGR of 10.5% by 2032. The Eggshell Membrane Powder Market is also expected to capture a market size of USD 200 Million during the forecasted period 2022-2032.
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.
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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.
Key Takeaways from Market Study
“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.
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).
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Dec 18, 2022