Egg Yolk Oil Market 2022 Size, Development Strategy, Analysis, Opportunity Assessment, Key Players and Trends by Forecast 2032
The egg yolk oil market is experiencing significant growth due to its numerous health benefits and versatile applications. Extracted from egg yolks through a careful process, this natural oil is rich in essential nutrients such as vitamins A, D, E, and omega-3 fatty acids. It is widely used in skincare products for its moisturizing, anti-aging, and nourishing properties. Additionally, egg yolk oil is gaining popularity in the culinary industry for its unique flavor and ability to enhance various dishes.
The global egg yolk oil market is set to witness
growth at a CAGR of 7% over the forecast period
(2022-2032) and top a valuation of USD 528.9 Million by 2032.
Hen egg yolk oil has been increasingly used in
nutraceutical, pharmaceutical, and cosmetic applications during the forecast
period (2022-2032). This can be attributed to the presence of essential
ingredients that contain a large amount of phospholipids and triglycerides with
cholesterol. Therefore, the market valuation of chicken egg yolk oil is
expected to exceed USD 350 million by the end of 2032.
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An increased adoption of egg yolk oil, particularly in
pharmaceuticals and infant nutrition has been witnessed over the past few
years, and is predicted to continue to enlarge the market size in the near
future. Moreover, several market participants have been continually innovating
their product offerings which has resulted in a rise in the consumption of
dietary supplements.
For instance, a new product in the form of a mixture of
fermented garlic powder and egg yolk oil has come up in the market as an
odourless capsule which helps in gaining muscle and buring fat, and boosting up
the energy levels. Moreover, the emergence of e-commerce players coupled with
an increasing popularity is channelling a significant portion of revenue.
Alongside, nowadays, the customers have been prioritizing
the use of products with the natural components over synthetic ones. This is
predicted to have a positive impact on the demand for egg yolk oil in the
coming years. Comprehending the above mentioned factors, the demand for egg
yolk oil is expected to show an upsurge over the forecast period (2022-20320.
Key Takeaways from Market Study
- US
is expected to dominate the North America Egg Yolk Oil market by
accounting for the maximum market value share of about 75% by 2022 end
- Rising
consumption of pharmaceutical and personal care products is expected to
show an increase in the demand for egg yolk oil in different regions
across the globe during the assessment period (2022-2032)
- By
product type, hen egg yolk oil is expected to account for the maximum
market value share of the global market by 2022 end
- In
case of application segment, cosmetics and personal care products are
expected to gain momentum and account for approximately 50% market value
share on a global scale by 2032 end
- Indirect
channel is expected to account for a higher market value share than direct
channel by 2032 end
“The rise in sales of dietary supplements
attributing to the high stress level and hectic lifestyles of consumers is
expected to result in a higher demand for egg yolk oil in the coming half
decade .”, says a Future Market Insights analyst.
Competitive Landscape
Manufacturers are adopting various marketing strategies such
as new product launches, geographical expansion, merger and acquisitions,
partnerships and collaboration to identify the interest of potential buyers and
create a larger customer base. For instance,
- A
company named, ‘Bizen Chemical Co. Ltd.’ has newly offered DHA-extracted
chicken egg yolk oil from DHA-fortified chickens. This oil is extracted
from ethanol which leads to less denaturation of its constituents with no
excessive heat treatment
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Global Egg Yolk Oil Market by Category
By Type, the Global Egg Yolk Oil Market is segmented as:
- Hen
Egg Yolk Oil
- Duck
Egg Yolk Oil
By Extraction Method, Global Egg Yolk Oil Market is
segmented as:
- Dry
Distillation Method
- Baking
Method
- Reduced
Pressure Distillation Method
- Ether
Extraction Method
- Ethanol
Extraction Method
- Petroleum
Ether Extraction Method
- Chloroform
Extraction Method
By Application, the Global Egg Yolk Oil Market is
segmented as:
- Dietary
Supplements
- Pharmaceutical
Industry
- Cosmetics
and Personal Care Products
- Skin
Care
- Nail
Care
- Lip
Care
- Hair
Care
- Other
Dermatology Applications
- Nutraceutical
Industry
- Other
Applications
By Distribution Channel, the Global Egg Yolk Oil Market
is segmented as:
- Direct
- Indirect
- Hypermarkets/Supermarkets
- Convenience
Store
- Specialty
Stores
- Online
Retailers
- Other
Distribution Channel
Information Source:
https://www.futuremarketinsights.com/reports/egg-yolk-oil-market
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