Fact.MR has announced the addition of the “Egg Yolk Oil Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028"report to their offering.
Rockville, MD -- (SBWIRE) -- 12/21/2018 -- The worldwide sales of egg yolk oil are anticipated to grow at a value CAGR of 5.9% during the period of assessment, 2018-2028. The report carries objective data related to the growth of worldwide sales of egg yolk oil. It determines the key reasons that are likely to influence growth in sales of egg yolk oil.
The report finds that the market for egg yolk oil is witnessing a significant shift from conventional channels of sales to e-commerce selling model. Recognizing which, manufacturers are making the most of the reach and popularity of online retail among consumers to tap customers even in remote areas across the world.
Key Estimations of Fact.MR Valuation
MR projects bullish growth in market for egg yolk oil. The worldwide market of egg yolk oil could exceed 1 million liters by 2028.
In 2018, the total market for egg yolk oil for nutritional supplements is likely to surpass US$ 22 Mn.
Growing use of egg yolk oil in baby nourishment products could considerably drive demand of egg yolk oil.
The report profiles key leaders in egg yolk oil market, including Natural Sourcing Llc, Bizen Chemical Co. Ltd., Tedukuri Shizenshoku Tomonokai and Kewpie Corporation, etc. Besides, aforementioned key participants, it also profiles leading stakeholders in the egg yolk oil supply chain.
APEJ to Remain Biggest Market for Egg Yolk Oil
As per Fact.MR valuation, egg yolk oil sales are likely to remain rigorous in the Asia Pacific's growing economies. Whereas, the United States is likely to supplement the demand for egg yolk oil during the foreseeable period.
The report anticipates highest growth in egg yolk oil in China, in terms of sales and launch of novel product. It is expected to remain a key growth contributor for the market of egg yolk oil, closely trailed by India. APEJ is likely to remain as the most lucrative market for egg yolk oil globally, owing to the growing egg yolk oil demand in the region. Besides APEJ, egg yolk oil sales will witness a rise in areas, including North America and Europe, as a result of growing awareness about the perks of oil sourced from egg yolk in maintaining hair strong and skin healthy in new consumer demographics
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Oil Sourced from Hen Egg Yolk to Witness High Demand during Forecast Period
As per the Fact.MR report, manufacturers in cosmetic, pharmaceutical, and nutraceuticals are increasingly using oil obtained from hen egg yolk, owing to their huge benefits. Crammed with vital ingredients, hen egg yolk oils possess triglycerides and pohspholipids, which contain cholesterol, in hefty amounts. The egg yolk oils sourced from hen are highly used in existing ointments helpful for skin healing, proper conditioning of hair, and in the treatment of a number of ailments, including skin ulcers, ringworm, and frostbite, etc. The report also projects impressive growth in sales of oil sourced from egg yolk of duck, during the forecast period.
Use of Egg Yolk Oil in Cosmetics Likely to Bloom
Growing applications of oil sourced from egg yolk in cosmetics, mainly in the hair and skin care segment, making the industry the largest market opportunity for producers and distributors. The egg yolk oil sale in regional markets worldwide are increasing, owing to the growing emphasis on using egg yolk oil in baldness and hair fall treatment.
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Hair loss has emerged as a major concern that left no region untouched. It leads to baldness, which is becoming a growing issue with men, as a result of which they are investing in hair loss treatments. The MPB (Male Pattern Baldness) results into nearly 96 percent of hair loss in men, as per American Hair Loss Association. In addition to this, scientific treatments for hair loss are expensive, and thus, people have started relying on natural hair care methods, like people apply egg yolk oil to enhance scalp health. Besides hair care, egg yolk oil producers are witnessing constant opportunities, owing to the persistent demand from skin care, lip care, and other dermatology applications.
Thus, egg yolk oil sales in the cosmetic space are likely to bloom, owing to mounting hair care treatments and growing customer inclination towards natural ingredients in products.
Aforementioned insights and estimations are mentioned in Fact.MR's egg yolk oil market report which tracks the market performance for the period 2018-2028.
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