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Egg Phosphatidylcholine Market 2019 Trends, Growth Share and Forecast To 2024

Author : Rahul Sankrityayan | Published Date : 2019-08-26 

Global Market Insights, Inc. presents an extensive report on Egg Phosphatidylcholine Market that offers qualitative information about prevailing trends and a detailed analysis of the growth trajectory of this industry. It also includes a study of the historical data and detailed statistics that will help determine the future scope of the industry in terms of commercialization opportunities.

The outlook of global egg phosphatidylcholine market will spectate colossal growth prospects in the future, owing to the rising trend of healthy & nutritive food intake. Demand for egg PC is expected to rise with growing consumer awareness regarding the high nutritional value of the ingredient.

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Egg phosphatidylcholine produces acetylcholine for the functioning of neurotransmitters in central human nerve system. Wide set of advantageous related to use of egg PC has prompted the market players to experiment and invest more in R&D. Moreover, these players have begun to operate in manufacturing egg PC by lowering the cholesterol consumption due to strict norms filed by FDA and other European organization. Global egg phosphatidylcholine market share is fairly consolidated with key players including Kewpie Corporation, Jena Bioscience GmbH, Harmony Whole Foods, Avanti Polar Lipids, NOF America Corporation, and Vitamin Research Products.

High demand for egg phosphatidylcholine in the nutritional supplement market and the rising presence of companies such as Chubb, UL, and Covance which are large scale manufacturers of dietary supplements will augment the U.S. egg PC industry.

Germany egg phosphatidylcholine market is anticipated to grow at a rate of more than 3% over the period of 2016-2024. Increasing dietetic products and anti-ageing cosmetic demand clubbed with the rising recommendation of the compound by doctors and nutritionists will be significantly driving the regional growth over the coming seven years.

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China egg phosphatidylcholine industry share is anticipated to surpass USD 1.5 million by 2024. Rising geriatric population base in this region will increase demand for egg PC compound.

This industry has its prominent presence in the Cosmetics, Dietetic, and Pharmaceutical industries, which in turn is generating heavy gains for the global egg phosphatidylcholine industry. Egg phosphatidylcholine industry in cosmetic application is expected to generate revenue over USD 2.5 million by 2024. Egg PC compound is widely used as moisturizers, emulsifiers, and solubilizers in various ointments to maintain hair and skin texture. Also, rising consciousness regarding use of natural ingredients in beautifying of skin and hair will drive egg PC demand.

Dietetic application is anticipated to register a CAGR of 5.5%. Egg phosphatidylcholine is used in the treatment of neurological disorder, thereby enhancing the egg PC market size.  Also, rise in nutritive and healthy food intake will surge the egg phosphatidylcholine industry.

Pharmaceutical application in the egg phosphatidylcholine market is also witnessing exponential growth over the coming seven years. Pharmaceutical application particularly in the U.S. has generated revenue more than USD 330 million in 2015. This industry is booming with extensive use of egg PC in curing diseases such as hepatitis, high cholesterol, gallbladder, eczema, and circulation problems.

Threat from substitutes of yolk such as mustard, soybean, and rapeseed will prompt the suppliers to use them and compel manufacturing costs. However, an additional advantage of high content of choline present in yolk with high nutrient density will set a clear path for the growth of egg phosphatidylcholine industry in the future.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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