The Report Egg Phosphatidylcholine Market Analysis By Application (Cosmetics,
Pharmaceutical, Dietary Supplements) And Segment Forecasts To 2020
Global egg phosphatidylcholine market is poised
to reach USD 12.2 million by 2020.Key factors attributing to its rapid growth
include the presence of high chlorine essential nutrient content which helps
patients to recover from memory loss. Growing occurrence of neurological diseases
including amnesia and Alzheimer’s among aged population is expected to increase
the demand for egg phosphatidylcholine.
Access Research Report of Egg Phosphatidylcholine Market@ www.grandviewresearch.com/industry-analysis/egg-phosphatidylcholine-market
Demand for egg
phosphatidylcholine is expected to grow over the forecast period owing to
increasing awareness among consumers regarding consumption of food high with
nutritional value. Increasing awareness among youth to use quality cosmetic
products is expected to further propel growth.
In cosmetics, the
compound is used as a solubilizer, moisturizer and emulsifier for different
ointments. It helps in preventing cellular damage to the skin structure and
provides elasticity and smoothness. The segment is expected to grow at a CAGR
of 5.0% over the forecast period to reach a value exceeding USD 2.1 million by
2020.
Dietary supplements were
valued at USD 5.7 million in 2013 and is expected to grow at a CAGR of 5.6%
during the forecast period. Rising consumer awareness regarding general
well-being by consumption of essential nutrientsis expected to fuel growth.
Egg phosphatidylcholine
demand for pharmaceutical exceeded USD 1.2 million in 2013. They help in
enhancing solubility of active ingredients in pharmaceutical formulations.
Increasing government spending on the development of the healthcare sector
across the globe is expected to bolster growth.
Europe was the leading
market accounting for 34.0% of the global industry in 2013 owing to high
consumer awareness regarding the benefits of the ingredient. Rising demand for
cosmetics in countries including Germany, France, Italy and UK is expected to
increase demand over the forecast period.
Demand for the product
in North America is being driven due to the presence of numerous dietetic
supplement manufacturers in the region. The market is estimated to reach a
value of USD 3.70 million by 2020.
Asia Pacific is expected
to grow at a CAGR of 10.2% over the forecast period. Increasing demand for egg
phosphatidylcholine in various end-use applications including cosmetics,
pharmaceuticals and dietary supplements coupled with the growth of these
end-use industries is expected to drive growth.
Prominent players in the
industry include NOF America Corporation, Jena Bioscience GmbH, Harmony Whole
Foods Market, Natural Factors, Kewpie Corporation, Nutrasal Inc., Avanti Polar
Lipids Inc. and Vitamin Research Products. The industry has a high degree of
consolidation owing to limited number of manufacturers. In addition, volatility
in raw material and product pricing will deter the entry of new players.
Grand View Research has
segmented the global egg phosphatidylcholine market on the basis of application
and region:
Egg Phosphatidylcholine Applications Outlook (Revenue,
USD Million, 2012 - 2020)
·
Cosmetics
·
Pharmaceuticals
·
Dietetic Supplements
Egg Phosphatidylcholine Regional Outlook (Revenue, USD
Million, 2012 - 2020)
·
North America
·
Europe
·
Asia Pacific
·
RoW
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies ensuring relevant and
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