PUBLISHER: DataM Intelligence | PRODUCT CODE: 1560836
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1560836
Report Overview
Global Eggshell Membrane Market reached US$ 165.5 million in 2023 and is expected to reach US$ 283.1 million by 2031, growing at a CAGR of 6.5% during the forecast period 2024-2031.
The eggshell membrane, a fibrous layer between the outer shell and egg white in chicken eggs, is rich in bioactive compounds like collagen, elastin, and glycosaminoglycans. Its anti-inflammatory and regenerative properties make it beneficial for joint and skin health. Eggshell membrane is used in supplements to promote cartilage repair, improve skin elasticity, and reduce joint pain. It's also explored in cosmetics and nutraceuticals.
Market Dynamics: Drivers & Restraints
Requirement for sustainable bioproducts
The global focus on sustainability has led to the 'Zero Waste' campaign by the European Union, which promotes waste prevention through waste reduction and source separation. This strategy aims to combat climate change by reducing food waste and increasing resource efficiency. The EU classifies eggshells as hazardous waste, encouraging businesses to value them through vertical integration.
Eggshells are primarily discarded in landfills and have few outlets, but they have potential Forms as functional food ingredients due to their high nutritional value. They can be used as a nutritional supplement in animal and human diets, as well as a raw material for face masks and skin treatments. The EU's Zero Waste policy encourages businesses to value eggshells through vertical integration.
High cost of research and development
Eggshell membranes are undergoing significant technological advancement, requiring substantial research and development costs. These costs may include clinical trials and product research for advertising claims, adhering to food and healthcare regulations. Manufacturers must comply with these regulations to obtain reasonable ROIs. To gain a competitive advantage, they invest in R&D for innovative Forms, regulatory requirements, intellectual property, and product differentiation.
Market Segment Analysis
The global eggshell membrane market is segmented based on product type, form, application and region.
The hydrolyzed eggshell membrane from the product type segment accounted for approximately 54.1% of the eggshell membrane market share
The hydrolyzed eggshell membrane from the product type segment accounted for approximately 54.1%. Hydrolyzed eggshell membrane segment is expected to have high market share on account of major factors, such as its concentration, mass availability, and content of the membrane. Additionally, the presence of significant producers producing the ingredient in the hydrolyzed form is boosting the segment growth.
Hydrolyzed membranes are frequently used by an array of industries across the globe as they comprise the highest content of membranes. The hydrolyzed eggshell membrane consists of a number of bioactive elements that impact the physiology and presentation of the skin, nails, or hair. The supply and demand sides both observed a high preference for the hydrolyzed type, owing to which the hydrolyzed segment is expected to dominate the industry over the forecast period.
Market Geographical Analysis
North America is estimated to hold about 38.4% of the total market share throughout the forecast period
North America is estimated to hold about 38.4% of the total market share throughout the forecast period due to the region's high obesity rate is attributed to dietary habits, high disposable income, and access to processed foods. Lifestyle changes, including sedentary work, altered sleep cycles, and packaged foods, have led to lifestyle-related diseases like atherosclerosis, rapid bone degeneration, and heart disease, increasing the demand for preventive care products like medications and dietary supplements.
Additionally, the region's aging population is a major driver, as eggshell membrane supplements are known for their joint health benefits. Furthermore, the popularity of clean-label and organic products is boosting the use of eggshell membrane in the food and beverage industry. The United States, in particular, is a key market, with consumers actively seeking alternative health solutions, thus propelling the adoption of eggshell membrane-based products.
Hydrolyzed Eggshell Membrane
Unhydrolyzed Eggshell Membrane
Capsule
Tablet
Powder
Nutraceuticals
Food & Beverages
Cosmetics & Personal Care Products
Pharmaceuticals
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Middle East and Africa
Market Competitive Landscape
The major global players in the market include Kewpie Corporation, Biova, LLC, Microcore Research Laboratories India Pvt. Ltd., Eggshell Membrane Technologies, LLC, Mitushi Biopharma, Eggnovo SL, Ecovatec Solutions Inc, Bolise Co Limited, Stratum Nutrition among others.
In November 2023, Kewpie Corporation announced the upcoming release of "Deare Plus," a functional food product, available from December 4th via mail-order. "Deare Plus" features acetic acid bacteria GK-1 (G. hansenii GK-1) known to support immune function and alleviate nasal discomfort, and GABA, which helps reduce temporary mental stress and fatigue. Kewpie also plans to supply the acetic acid bacteria as a raw material for industrial use.
To visualize the global eggshell membrane market segmentation based on product type, form, application, and region as well as understand key commercial assets and players.
Identify commercial opportunities by analyzing trends and co-development.
Excel data sheet with numerous data points of the eggshell membrane market level with all segments.
PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
Product mapping available as excel consisting of key products of all the major players.
The global eggshell membrane market report would provide approximately 64 tables, 61 figures and 186 pages.
Target Audience 2024
Manufacturers/ Buyers
Industry Investors/Investment Bankers
Research Professionals
Emerging Companies