Eggshell membrane derivatives continue to acquire wide range of application across various industries, owing to rich source of collagen, hyaluronic acid, and chondroitin. According to a latest market intelligence study by Fact.MR, Asia Pacific is one of the leading markets for eggshell membrane derivatives. It further offers key insights of the market performance for the period between 2018 and 2028. As there are no evidence of side effects apart from the allergic concern, eggshell membrane derivatives have gained high traction in nutraceutical, food & beverages, and cosmetics & personal care industries.
Based on end-use industry, nutraceutical industry is likely to dominate the Asia Pacific eggshell membrane derivatives market during the forecast period. High potential of eggshell membrane derivatives to treat inflammatory bowel diseases and joint pain is anticipated to influence the market growth in this region. According to researchers, eggshell membrane derivatives are devoid of side effects associated with non-steroidal anti-inflammatory drugs (NSAIDs) for joint pain which facilitates growth opportunities to their key manufacturers.
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According to Fact.MR’ study, China will be the leading revenue contributor of eggshell membrane derivatives market within Asia Pacific with India and ASEAN complementing its growth. Although the market is expected to remain concentrated in China during the forecast period, India has been envisaged to grow at an impressive CAGR of 10.5%.
Demand for eggshell membrane derivatives in the Asia Pacific region has been largely influenced by the developments on the efficacy of these low cost and natural waste products. Asia pacific market is likely to witness higher adoption of eggshell membrane collagen over other types owing to its therapeutic as well as cosmetic benefits.
The global outlook of eggshell membrane derivatives market is estimated to reach a value of US$ 1.8 Bn by 2028, expanding at an impressive CAGR of 8.0% during the forecast period. According to the Fact.MR’s study, about 355,000 Kgs of eggshell membrane derivatives are likely to be sold by the end of the forecast period. In addition, growing application of eggshell membrane derivatives in food &beverage, cosmetics, and personal care products, is largely influencing the growth of its global market.
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By product type, soluble eggshell membrane powder will account for the largest revenue share in the global market followed by eggshell membrane collagen and collagen concentrate. Apart from the Asia Pacific region, North America is another leading market for eggshell membrane derivatives. It is likely to remain concentrated in the U.S. due to rising demand in nutraceutical and American cosmetics industry as a skin-friendly and natural ingredient.
Key manufacturers of eggshell membrane derivatives are focusing on producing high quality products by obtaining pure membranes, as presence of minute dirt and fragments of shell lead to compromising the quality of the end-products. Furthermore, applications of eggshell membrane derivatives in removing toxic substance in water treatment systems is creating growth opportunities for the manufacturers. Fact.MR’s study also highlights the positive impact of eggshell membrane derivatives on the environment. Increasing use of eggshell has reduced dumping them in landfills which contributes towards sustainability and environmental protection.
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