The global eggshell membrane derivatives market is expected to foresee profitable growth in the forthcoming years owing to continuous demand for the product from various sectors including food and beverage, cosmetics, pharmaceutical, and personal care. One of the nutritious ingredients, eggshell membrane derivatives are gaining immense traction in the above-mentioned industries.
According to the recent studies, it has been found that eggshell membrane has emerged as a high potential ingredient in functional foods. It has been accepted as a novel food by the EU due to the health benefits associated with it. Novel product innovation is a key trend in the eggshell membrane derivatives market. One of the novel products introduced in the market is NEM® brand eggshell membrane, which is an innovative dietary supplement ingredient. The product comprises naturally occurring glycosaminoglycans and proteins, which help in maintaining healthy joints. Such product innovations are having a positive impact on the overall market growth.
Widespread Application of Eggshell Membrane to Help the Market Flourish
Eggshell membranes are gradually discovering novel applications, which is opening up new avenues for the manufacturers. Benefits ranging from eliminating toxic hexavalent chromium from contaminated water to easing inflammation and pain in the joints are anticipated to increase its demand among the consumers across the globe. Besides that, it has evolved as a cost effective substitute for chondroitin sulfate and glucosamine, which can foster the market growth in the near future.
Growing trend of biowaste reusing is anticipated to have a positive influence on the eggshell membrane derivatives market growth. Governments across the globe are stressing on sustainability, which is, in turn, helping the global market to grow.
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Key Players Adopting Strategies to Expand their Base in the Market
Key market participants operating in the eggshell membrane derivatives market include Eggshell Membrane Technologies, LLC, Kewpie Corporation, Ecovatec Solutions Inc., Mitushi Biopharma, Microcore Research Laboratories India Pvt. Ltd., Eggnovo SL, Biova, LLC, and other manufacturers. Manufacturers are increasingly focusing on commercializing products of high-quality at reasonable costs.
Also, they are emphasising on widening the application range of the eggshell membrane derivatives in varied industries such as food and beverage, cosmetics, pharmaceutical, and personal care. Research and development, product innovation, business expansion, investment in price benchmarking are expected to remain some of the key strategies for the market players to attain a greater market share. Companies are tapping particular regions having great potential for growth with an aim to expand their reach and attain a strong grip on the market.
For instance, recently, a key company, Eggnovo SL introduced OVOPET®, which is a product based on the egg membrane by-product, specially employed for animal feed. This egg membrane powder has been manufactured in a sustainable and eco-friendly manner devoid of any chemicals.
Important Points to Remember
- Increasing use of eggshell membrane derivatives across various end-use sectors to act as a key driver in the market
- Eggshell membrane to gain traction as an absorbent of heavy metals and metal ions
- Biomedical engineering to emerge as a key application in the market in the near future
- North America to grab a handsome market share in the forthcoming years
- Synthesis of organics
- Sulfonates & Fluorides
- Sorbent of heavy metals
By End Use
- Biomedical Engineering
- Environmental Engineering
- Commercialization Sensors
- Electric Devices
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