San Francisco, 17 January 2019: 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.
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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.
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Research at: www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
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
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