The global eggshell membrane market size is expected to reach USD 214.9 million by 2028 according to a new study by Polaris Market Research. The report “Eggshell Membrane Market Share, Size, Trends, Industry Analysis Report, By Type (Hydrolyzed, Un-hydrolyzed); By Application (Pharmaceutical, Personal Care & Cosmetics, Food & Beverages, Nutraceuticals, Others); By Regions; Segment Forecast, 2021 - 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The un-hydrolyzed eggshell membrane segment is anticipated to register the highest market growth over the assessment period. However, numerous governments across the globe are taking strict actions on daily consumption of this type, as it may lead to health-related issues and side effects due to chemicals used for extraction. Hence, producers in the marketplace are showing increasing preference towards un-hydrolyzed types to cater to shifting demand scenarios.
The pharmaceutical market segment of eggshell membrane industry is anticipated to register the highest growth rate over the assessment period. Eggshell membrane is found useful in skin nourishment and to prevent joint-related problems. As per researchers, the eggshell membrane helps treat symptoms of osteoarthritis, providing a cost-effective treatment option for chondroitin sulfate, and glucosamine.
Moreover, the good safety profile of eggshell membrane is gaining high prominence in the nutraceutical market, without any known side effects being observed, apart from any individual suffering from egg allergy.
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Market participants operating in the eggshell membrane industry include Stratum Nutrition, Bolise Co., Ltd., Microcore Research Laboratories, Biova LLC, Ecovatec Solutions, Kewpie Corporation, Eggnovo SL, Eggbrane, Certified Nutraceuticals Inc., and Mitushi Biopharma.
Eggshell membrane industry players are engaged in the development of new product types and are involved in strategic collaborations and partnerships to attain a maximum share in the market for eggshell membranes. Research and product development are projected to be the epicenter of the manufacturer’s focal market growth plan.
For instance, Norway-based market company, Biovotec AS and its innovation partner Finesse Medical Ltd have brought huge benefits of the eggshell membrane for hard-to-heal wounds. Delay in wound healing is a vicious circle during illnesses.
Chronic inflammation, excess secretion of protease are the hallmarks of tissue degradation and could further debilitate the patient’s physical as well as psychological health. The concerned product is the processed eggshell membrane to the new wound dressing, which can accelerate healing time and could slash treatment burden costs.
Polaris Market Research has segmented the eggshell membrane market report on the basis of type, application, and region:
Eggshell Membrane, Type Outlook (Revenue - USD Million, 2016 - 2028)
Eggshell Membrane, Application Outlook (Revenue - USD Million, 2016 - 2028)
Egg Shell Membrane, by Regional Outlook (Revenue - USD Million, 2016 - 2028)