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.
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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
“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
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
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