Product Innovations, in the Covid-19 Pandemic, to Promote the Development of the Global Eggshell Membrane MarketDownload Sample Reports Overview
The continuous spread of COVID-19 has created a severe impact on the global eggshell membrane market. The growth of the eggshell membrane market is mainly driven by the extensively rising adoption of the eggshell membrane in the food & beverages, nutraceuticals, pharmaceuticals, and other sectors. Moreover, it is expected that the demand for the eggshell membrane shall ultimately increase after the COVID-19 pandemic. Though the majority of the economies around the globe have imposed industrial shutdown to prevent the transmission of the virus, this market will show major growth mainly due to ongoing research activities in the outbreak timespan. For instance, in December 2019, the Canadian nutraceutical company, Nutritional Fundamentals for Health Inc., has conducted the largest study to date to evaluate the natural egg membrane for osteoarthritis disease. These elements can create a huge impact on the eggshell membrane market growth, in the pandemic timeframe. During this unexpected situation, we are helping our clients in understanding the impact of COVID19 on the global eggshell membrane. Our report includes:
- Technological Impact
- Social Impact
- Investment Opportunity Analysis
- Pre- & Post-COVID Market Scenario
- Infrastructure Analysis
- Supply Side & Demand Side Impact
As per the recent publication of Research Dive, the eggshell membrane market is expected to generate a revenue of $192.5 million by 2026, at 9.6% CAGR in the forecast period. The segmentation of the global market for the eggshell membrane has been done on the basis of type, application, products, and region. The report provides detailed information on opportunities, drivers, segments, restraints, and key players of the market.
Factors Affecting The Growth
As per our analyst estimates, the extensive growth of the eggshell membrane market is majorly driven by the significant applications into cosmetics and food & beverages sectors. On the other hand, the availability of alternatives like plant-based proteins, dairy-based proteins, and animal proteins are expected to obstruct the global eggshell membrane industry growth, over the projected period.
The Hydrolysed eggshell membrane will have a Dominant Share in the Global Market
On the basis of type, the global market for the eggshell membrane is divided into unhydrolyzed and hydrolyzed. The hydrolyzed eggshell membrane will have a major market share in the global marketplace and it will register a revenue of $117.4 million with a 9.4% CAGR, in the projected timeframe. The hydrolyzed membranes are the significantly used form by multiple industries, as it contains the highest content of membrane.
The food & beverages segment will have the Radid Market Growth
Based on the application, the global eggshell membrane market is mainly classified into food & beverages, nutraceuticals, pharmaceuticals, cosmetics & personal care products, and others. The food & beverages segment is expected to register a revenue of $41.4 million in 2026 at 10.6% CAGR, during the projected period. Contrary to this, the pharmaceuticals shall have a significant share and are projected to register a revenue of $53.9 million in 2026 at an 8.7% CAGR, in the forecast period.
Capsule segment will have the fastest Growth
Based on the products, the global market for the eggshell membrane is classified into the tablet, capsule, powder, and others. The capsule segment expected to register a revenue of $98.6 million in 2026 at 10.0% CAGR, during the forecast period. This growth is significantly attributed to the rising demand for capsules among consumers over the tablets, processed powders, and others.
Geographical Analysis and Major Market Players
on the basis of region, the eggshell membrane market is classified into North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific eggshell membrane market shall register a revenue of $49.6 million in 2026 and is anticipated to rise at a growth rate of 10.6%, in the forecast period. This growth is majorly driven by the significant growth in industries such as pharmaceuticals, nutraceuticals, and food & beverages mainly in China, India, and Japan.
The players of the global eggshell membrane market are Biova LLC, Ecovatec Solutions Inc., Microcore, EGGNOVO SL, Kewpie Corporation, Stratum Nutrition, EGGBRANE, Mitushi Biopharma., Certified Nutraceuticals Inc., and KnuGroup, Inc.