The global egg yolk oil market has witnessed remarkable growth, reaching a revenue of approximately US$250 million in 2020. The surge in demand for natural personal care products, driven by consumers preference for organic alternatives, has played a pivotal role in propelling the egg yolk oil market to new heights.
A Shift Towards Natural Products Boosts the Egg Yolk Oil Market
Consumers worldwide are increasingly shifting towards natural and organic products, moving away from synthetic counterparts. This transition has created substantial opportunities for industries producing natural products, including cosmetics, hair care, personal care, and nutraceuticals. The negative publicity surrounding synthetic products and their associated chemicals has further accelerated this trend, prompting consumers to seek natural alternatives. Egg yolk oil has emerged as a beneficiary of this shift, finding applications in cosmetic lotions, creams, sunburn lotions, moisturizers, skin conditioners, and sunscreen products. The accessibility of chicken eggs on a large scale has led to increased production of egg yolk oil, further driving growth in the global market.
Egg Yolk Oil Gains Traction in Hair Care Solutions
Hair loss and baldness are common concerns affecting people globally, impacting their social lives and self-esteem. While scientific hair loss treatments are available, their high cost makes them inaccessible to many. As a result, consumers are turning to natural products for hair care, and egg yolk oil has emerged as an effective solution. When applied, egg yolk oil promotes scalp health, strengthens hair roots, and contains good cholesterol, facilitating natural rejuvenation of the epidermis. Its use as an active emollient hydrates hair strands, reducing frizz and enhancing luster and smoothness. These qualities position egg yolk oil as a promising solution for hair care.
North America Leads in Egg Yolk Oil Consumption, Asia Shows High Growth Potential
North America stands as the prime consumer market for egg yolk oil, with the United States and Canada dominating its usage, particularly in controlling hair fall. The prevalence of disorders such as high stress levels and hypertension has also contributed to the demand for egg yolk oil, which contains peptides that help regulate blood flow. Additionally, its application in treating skin problems such as eczema, mouth ulcers, burns, dermatitis, and skin ulcers has fueled its consumption in North America.
In contrast, emerging economies in Asia Pacific are poised to witness significant growth in the egg yolk oil market. The regions booming pharmaceutical and nutraceutical industries, coupled with a growing population, make it a lucrative market. Furthermore, Asias business-friendly environment, availability of cheap labor and land, and the rise in demand for anti-aging lotions and creams due to the aging population create favorable conditions for the egg yolk oil market.
Egg Yolk Oil Market: Competitive Landscape
Key players in the global egg yolk oil market include Nutrasal Inc., Lipoid, Avanti Polar Lipids Inc., Natural Factors, Harmony Whole Foods Market, NOF America Corporation, Jena Bioscience GmbH, Kewpie Corporation, Hunan Health Guard Bio-Tech Inc., Natural Sourcing LLC, Tedukuri Shizenshoku Tomonokai, Ecovatec Solutions Inc., Bizen Chemical Co. Ltd., and VAV Life Sciences Pvt. Ltd.
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) https://www.fairfieldmarketresearch.com/report/egg-yolk-oil-market
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COMTEX_442320056/2840/2023-10-23T08:21:17
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