Press release
Egg Yolk Oil Market Sales Revenue To Substantially Surge In Next Ten Years : Fact.MR
A recently revamped Fact.MR study forecasts that the global egg yolk market will enjoy positive growth, registering a 7% value CAGR from 2022-2032. As per the study, the market is scheduled to reach US$ 528.97 Mn by the end of the aforementioned forecast period. Demand appears robust amid extensive applications in cosmetic and personal care products.From 2017 to 2021, the market inclined at a CAGR of 5.8%, reaching US$ 254.15 Mn. The COVID-19 pandemic had varying degrees of impact on the global market, with sales across the commercial space declining sharply amid falling footfalls in salons and other professional beauty clinics for face and hair enhancement procedures. Simultaneously, residential grade egg yolk oil infused products sales increased as people began opting for DIY cosmetic enhancements.
Future market demand for egg yolk oil is dependent upon extensive applications to treat hair fall. People are increasingly tilting towards natural hair care treatment, as they become aware about adverse impacts of synthetic hair enhancement chemicals.
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Key Segments Covered in Egg Yolk Oil Industry Analysis
By Poultry Type :
Hen Egg Yolk Oil
Duck Egg Yolk Oil
By Application :
Egg Yolk Oil for Dietary Supplements
Egg Yolk Oil for Pharmaceutical Industry
Egg Yolk Oil for Cosmetic Products
By Sales Channel :
Direct Sales of Egg Yolk Oil
Egg Yolk Oil Sales via Distributors/Suppliers
Online Egg Yolk Oil Sales
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Key Takeaways from the Market Study
By application, cosmetics industry to generate 50% of egg yolk oil market demand
Hen egg yolk derived oil to accumulate over US$ 350 Mn in value by 2032
By sales channel, online egg yolk oil distribution likely to register maximum growth
U.S to experience highest egg yolk oil sales, registering a CAGR of 7% through 2032
Germany to be an opportunistic egg yolk oil landscape, clocking a 6.7% CAGR
Egg yolk oil market likely to be valued at US$ 268.91 Mn by 2022-end
Competitive Landscape
The main competitors in the worldwide egg yolk oil market are accelerating their expansion. This is because rising customer preference for natural components over synthetic ones is expected to have an influence on egg yolk oil use. Furthermore, advances in egg yolk oil have led to an increase in its usage in supplements. Prominent market players are:
Natural Sourcing Llc
Ecovatec Solutions Inc.
Bizen Chemical Co. Ltd.
Jiangxi Global Natural Spice Co., Ltd.(Jiangxi Jishui County Baishui Reclamation Yard Forest Farm)
Tedukuri Shizenshoku Tomonokai
Kewpie Corporation
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More Insights Available
Fact.MR, in its new offering, presents an unbiased analysis of the global egg yolk oil system market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.
The study indulges essential insights on the market on the basis of poultry type (hen and duck), application (dietary supplements, pharmaceutical industry and cosmetic products) and distribution channel (direct sales, distributors/suppliers and online sales) across six major regions (North America, Latin America, Europe, APEJ, Japan and Middle East & Africa).
Source - https://www.factmr.com/report/772/egg-yolk-oil-market
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