October 14, 2019
According to the new research report available at MarketStudyReport.com under the title ‘Global (United States, European Union and China) Egg Phosphatidylcholine Market Research Report 2019-2025’, the worldwide egg phosphatidylcholine market is presumed to amass US $22 million by the year 2025.
Egg phosphatidylcholine is a major constituent of biological membranes which is used in medicinal situations like memory loss. It is obtained from egg yolk lecithin through a mechanical or chemical method using hexane reagent. The worldwide egg phosphatidylcholine market is predicted to have a substantial market growth owing to rising pharmaceutical industry and increased demand for egg phosphatidylcholine in nutritional supplement market.
Growing awareness of customers related to high-quality nutritious food and cosmetics products is predicted to drive the market growth. The product is known to improve liver and digestive system functioning, thereby providing relief to recipients. Increasing geriatric population, along with rising disposable income will aid the growth of egg phosphatidylcholine market. However, low-cost substitute like phosphatidylcholine from mustard, soybean, and sunflower will hinder egg phosphatidylcholine industry growth.
According to the report, egg phosphatidylcholine market was worth US $14 million in 2019 and is projected to grow with a CAGR of 5.9% over the analysis period. Moreover, the study provides a comprehensive insight about segmental shares, trends, drivers, challenges, and opportunities impacting the industry growth.
The worldwide egg phosphatidylcholine market is examined on the basis of product type, application spectrum, and reginal outlook. Based on the product type, the market is segmented as inositol, choline, serine, and ethanolamine.
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Speaking of the application spectrum, the market is fragmented as pharmaceutical, cosmetics, and dietary supplements. While considering the regional outlook, egg phosphatidylcholine market is bifurcated into four major regions which are European Union, United States, China and rest of the world, namely, India, Korea, Southeast Asia, and Japan.
The prominent companies operating in egg phosphatidylcholine market include Vitamin Research Products, Nutrasal, Jena Bioscience, Avanti Polar Lipids, NOF, Lipoid, Kewpie, and Natural Factors.