Eggshell Membrane Powder Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
Global Eggshell Membrane Powder Market: Overview
The effective utilization and treatment of bio-waste have, for long, been emphasized upon in the human society for addressing various economic and environmental concerns. Not too long ago, the eggshell waste coming from the poultry industry gained popularity owing to its reclamation potential. Eggshell membrane lies between the eggshell and egg white and is considered as an essential bio-resource. They have shown potential in the making of commercial products. A case in point is utilization of calcium carbonate particles in making coating pigments.
The global eggshell membrane powder market is segmented on the basis of type, application, and region. On the basis of type, the market is sub-divided into organic eggshell membrane powder and conventional eggshell membrane powder. Based on application, food and beverages, nutraceuticals, pharmaceutical, cosmetics and personal care comprise the sub-segments of the global eggshell membrane powder market.
Global Eggshell Membrane Powder Market: Notable Developments
The global eggshell membrane powder market has witnessed some developments in the recent years. One such development is mentioned below:
Some of the well-established market players of the global eggshell membrane powder market are:
Global Eggshell Membrane Powder Market: Growth Drivers
High Incidences of Arthritis Across the Globe to Trigger Growth
For long, eggshells have been thrown away as waste by most of us. Nevertheless, some cultures have made use of eggshell membranes and eggshells in many different ways. Eggshell membranes are found aplenty and are rich source of naturally occurring bioactive compounds like sulfur-rich proteins, collagen Type I,hyaluronic acid,chondroitin sulfate, and glucosamine.
Furthermore, eggshells membranes are rich source of calcium, which have been gauged for safety in a number of human and animal studies carried out in Asia and Europe. Association of American Feed Control Officials (AAFCO) considers both eggshells and eggshell membrane as safe as feed additive for both livestock and companion animals. These benefits of eggshell membrane offer copious growth opportunities for the global eggshell membrane powder market.
The global eggshell membrane powder market also gains momentum from the ability of eggshell membrane to offer respite from joint stiffness and pain to patients suffering from osteoarthritis. According to the findings of the Arthritis Foundation, nearly 54 million adults suffer from doctor-diagnosed arthritis. Besides, data says that around 300,000 children and babies have either a rheumatic condition or arthritis. The Arthritis Foundation estimates that by the year 2040, the number of people suffering from doctor-diagnosed arthritis would exceed 78 million. Such high prevalence of arthritis is expected to support the growth of the global eggshell membrane powder market.
Global Eggshell Membrane Powder Market: Regional Outlook
The global eggshell membrane powder market studies the key geographies of Europe, North America, South America, Asia Pacific, and the Middle East and Africa.
From the regional point of view,Europe is expected to hold a leading share of the global eggshell membrane powder market. The European Union market accounts for the major consumption as well as export of eggshell membrane powders. Europeans are used to consuming nutritious,safe, and high quality food products, which is driving the market in Europe.
North America is expected to account for a sizeable share of the market during the forecast period. The region is likely to be driven by the U.S. alone. According to United Nations Food and Agricultural Organization, the U.S. alone produces nearly 600,000 tons of eggshells every year.
The global eggshell membrane powder market is segmented as:
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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