Press release
Hen Egg Yolk Oil Market is Projected to Expand at a Value CAGR of 5.9% During Forecast Period 2021-2031
The egg yolk oil landscape is set to flourish impressively, expanding almost 2x from 2022-2032. The market was valued at US$ 254.15 Mn in 2021, and is likely to experience a Y-o-Y growth rate of 5.8% to reach US$ 268.91 Mn in 2022.In the long run, by 2032, the market is slated to reach a value of US$ 528.97 Mn. Preference for hen egg yolk derived oil is likely to reign supreme, with an expected market valuation of over US$ 350 Mn by 2032. Around half of total egg yolk oil application will likely be across the cosmetics industry.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Egg Yolk Oil market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Egg Yolk Oil
This newly published and insightful report sheds light on Market Insights of Egg Yolk Oil, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of E
gg Yolk Oil Market.
Why is U.S. Dominating the Egg Yolk Oil Market?
The U.S. is expected to hold the greatest market share during the forecast period, owing to its large number of dietetic supplement manufacturing businesses. According to Fact.MR’s report, the country is expected to register a CAGR of 7% from 2022-2032.
Why is Germany considered to be an Important Market for Egg Yolk Oil Sales?
Germany has seen an increase in the cosmetic business, which has increased demand for egg yolk oil in the European market. In Germany, over 72% of consumers of all ages use beauty and personal care products because they feel it is essential to living a healthy and sanitary life.
It is a promising market for new inventions and launches in the beauty and personal care sector due to consumer behavior toward maintaining a high quality of life which further propels the egg yolk oil market growth. A CAGR of 6.7% is expected for the German market.
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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 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
Competitive Landscape
• Kewpie Corporation is a prominent egg yolk oil manufacturer. The company offers the Egg Yolk Lecithin PL-30S oil, Egg Yolk Lecithin LPL-20S and Yolk Oil HF. These are largely utilized for preparation of food products. Likewise, it offers egg yolk lecithin for cosmetic products (PL-30S and PL-100P)
• Likewise, Bizen Chemical Co. Ltd. offers DHA extracted chicken egg yolk oil from DHA-fortified chickens. The uniqueness of this oil is that it is extracted by ethanol. Consequently, there is no excessive heat treatment, leading to less denaturation of its constituents
Cosmetics Industry to be Key Beneficiary of Egg Yolk Oil?
The market is segmented by application into pharmaceutical industry and cosmetic products. Cosmetics products are expected to be the fastest-growing markets throughout the projection period. The segment will likely accumulate 50% of total revenue.
Because egg yolk is primarily water and fat, it is an excellent water-binding agent that seals moisture into your skin cells, keeping your face smooth and supple. Face masks made from egg yolk are fantastic for persons with dry or flaky skin. Egg yolk ingredients help to hydrate, nourish, and moisturize dry skin.
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Key Companies Profiled
• Kewpie Corporation
• Natural Sourcing LLC
• Bizen Chemical Co. Ltd.
• Jinagxi Global Natural Spice Co. Ltd.
• Vav Life Sciences Private Limited
• Ecovatec Solutions Inc.
• Go Natural Pakistan
• Hunan Health Guard Bio-Tech Inc.
• Tedukuri Shizenshoku Tomonokai
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