Eggshell Membrane Market: Investment & Growth Opportunity Analysis, 2022-2028
The eggshell membrane is a non-edible part enriched in protein and is found in between the egg white and eggshell. The protein present in the eggshell membrane is in the form of collagen and hence has very significant demand in the cosmetics industry. In addition, the technological advancements and the critical thinking of researchers have highlighted the potency of eggshell membranes in various industrial and technical applications. Calcium oxide is derived from the eggshell membrane and has a range of applications in petrochemical, agricultural, cosmetics, animal feed, pharmaceutical, and tanning industries.
The global eggshell membrane market is expected to expand at a CAGR of over 15% over the period 2022-2028. Eggshell membrane is much-touted as an ingredient with high potency for producing functional food, beverages, and dietary supplements; in addition, it also supports joint health by relieving joint pain and inflammation. Eggshell membrane contains essential substances such as hyaluronic acid, chondroitin, glucosamine, and collagen which are vital for healthy connective tissue, cartilage, and joints. The European Food Safety Authority has also approved eggshell membrane as one of the novel ingredients for food & beverage fortification, which promotes the growth of the eggshell membrane market across the globe.
Skin benefits along with the increasing incidences of arthritis spurring the growth.
Eggshell membrane is well-known for its collagen and glycosaminoglycan content, and its applications range from biological skin grafting to the treatment of chronic ulcers and bone cracks. The presence of glycosaminoglycan promotes the health of joints and reduces arthritic pain. The eggshell membrane positively impacts the person with gastrointestinal problems and osteoarthritis. Rendering to the data published by the Centre for the Disease Control and Prevention, in 2020, in the US, there were more than 32.5 million adults were suffering from osteoarthritis. According to the World Health Organization, in 2021, approximately 14 million people across the globe were who have rheumatoid arthritis. The eggshell membrane also has wound-healing, anti-inflammatory, anti-bacterial, and wrinkles fighting properties. These are the factors that exponentially boost the growth of the eggshell membrane market across the globe and are anticipated to grow over the upcoming years.
North America leads the global demand
North America is the leading market for eggshell membrane-based products due to the presence of a relatively higher health-concerned population compared with the other regions. The increasing incidences of osteoarthritis in the US and the presence of a significant number of industry players and technology leaders are other factors accelerating the market growth for eggshell membrane derivatives in the North America market. Europe is another prominent region for R&D in eggshell membrane technology; the advancement in technologies for producing various innovative ingredients-based products is one of the significant drivers surging the demand for the eggshell membrane market in this region.
The eggshell membrane market is anticipated to grow substantially in Latin America and the Asia Pacific market due to the increasing focus of manufacturers owing to ease in the availability of raw materials. The Asia Pacific has a vast number of eggshell membrane suppliers that provide raw material to the North American and European manufacturers. Moreover, the MEA eggshell membrane market is expected to expand at a steady growth rate owing to the weak product demand and the relatively small number of eggshell membrane derivatives suppliers operating in the region.
Market Structure and Competition Landscape
The global eggshell membrane market is gaining more traction due to the surging demand for fortified food & beverages. The eggshell membrane has applications in various industries, creating opportunities for the manufacturers to expand their business footprint in untapped geographies. Kewpie Corporation, Mitushi Biopharma, Biova LLC, Eggbrane (DEPP B.V.), Microcore Research Laboratories, Ecovatec Solutions Inc., Bolise Co. Limited, Certified Nutraceuticals Inc., Eggnovo SL, and Denk Ingredients GmbH among others, are the key players operating in the global eggshell membrane market. The manufacturers operating their business in the global market are strategizing on new launches along with partnerships, for instance,
• In December 2021, Microcore Research Laboratories completed five years of partnership with Akums Drugs & Pharmaceuticals and Maxcure Nutravedics Ltd. Together, the companies produce, supply, and commercialize eggshell membrane-based products under the brand name MUTTAIJOW COMPLEX® and MUTTAIODUJOW®.
• In July 2020, Stratum Nutrition and KD Pharma announced their partnership to form unique joint health medicine by combining marine omega oils from KD Pharma and Stratum’s eggshell membrane (NEM® brand).
• In May 2019, Kewpie Corporation, a Japanese company, introduced a new ingredient (collagen-boosting) extracted from the eggshell membrane.
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Table of content
1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Global Market in 2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
5.1. Impact on Growth Strategies
5.2. Impact on Operations and Supply Chain
5.3. Impact on the Investments in the F&B, Nutraceuticals, and Feed Industry
5.4. Impact on Product Roll-outs Plans
6. Market Indicators and Background
6.1. Macro-Economic Factors
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