PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1426982
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1426982
The global eggshell membrane market is expected to grow at a CAGR of 9.1% during 2023-2032, driven by rising awareness of health and wellness benefits of the product with proven efficacy in promoting joint health. As the prevalence of bone issues increase, the demand for natural supplements that support joint function has surged.
According to the report released by Amgen in 2022, every three seconds, an individual worldwide sustains a bone fracture due to osteoporosis. Projections indicate a significant rise in the annual incidence of fractures due to osteoporosis, expected to escalate from 1.9 million to 3.2 million by 2040, representing a 68 percent increase from 2018 figures.
Eggshell membrane, rich in collagen, glycosaminoglycans, and other bioactive compounds, has also garnered attention for its ability to alleviate joint pain and improve joint flexibility, thereby propelling growth.
The global eggshell membrane industry is classified based on form, application, and region.
The food & beverage application segment is poised to gain traction through 2032, due to its functional properties and nutritional benefits. Eggshell membrane serves as a natural source of collagen and other essential nutrients, making it an attractive ingredient for fortifying various food and beverage products. From functional beverages to nutritional supplements, the incorporation of eggshell membrane enhances the nutritional profile of a wide range of consumer products.
The capsules segment is poised to grow significantly during the study period, propelled by its convenient and efficient delivery method for consumers seeking health benefits. The encapsulation of eggshell membrane extracts ensures precise dosage, ease of consumption, and enhanced shelf stability. Moreover, the product has gained popularity among consumers who prioritize a hassle-free and standardized intake of nutritional supplements, thereby favoring capsules form.
Asia Pacific eggshell membrane market is expected to showcase steady growth till 2032, driven by a burgeoning middle-class population and an increasing focus on preventive healthcare. Countries such as China, India, and Japan are at the forefront, with consumers showing a heightened interest in natural and holistic wellness solutions. As manufacturers and suppliers expand their presence in the region, further industry growth is anticipated.