06 Jan 2022
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.
“The expanding popularity and pervasiveness of e-commerce as a significant sales channel might help egg yolk oil manufacturers reach clients even in distant places throughout the world,”says a Fact.MR analyst
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:
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).
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For more information, refer to our market research report or contact the PR author.
Nandini Roy Choudhury
Sr. Consultant – Food and Beverages
E-mail: nandini@factmr.com
Egg Yolk Oil Market
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