Egg Phosphatidylcholine Market to Witness Comprehensive Growth by 2024

Egg phosphatidylcholine, a major component of biological membranes is a compound used in medical conditions such as memory loss. It is extracted from egg yolk lecithin through chemical or a mechanical method using hexane reagent. The global egg phosphatidylcholine market is expected to have significant growth rate, attributed to growing pharmaceutical industry and high demand for egg phosphatidylcholine in the nutritional supplement market. North America and Western Europe has substantial growth in the global egg phosphatidylcholine market, owing to high demand for the nutritional supplement as a result of the busy lifestyle of consumers in the region.

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The growth of the global egg phosphatidylcholine market is driven by high demand for pharmaceutical preparations and increasing occurrence of neurological diseases such as Alzheimer’s disease and amnesia among senior population. Increasing awareness of consumers regarding the high-quality cosmetics and nutritious food products is expected to fuel the growth of global egg phosphatidylcholine market. Macroeconomic factors such as growing economy, increasing per capita income, the rapid rate of urbanization, and employment rate driving the global egg phosphatidylcholine market. Low-cost substitute such as sunflower, mustard, and soybean phosphatidylcholine restrain the egg phosphatidylcholine market.

High investment costs and product pricing may act as a challenge to new participants in the market. Increasing R&D with an aim of application development is expected to provide market participants with opportunities over the forecast period. Factors trending the global egg phosphatidylcholine market include the merger and acquisition among the egg phosphatidylcholine manufacturers and end-industries and high demand for nutraceutical across the globe. High product price and investment cost are challenging factors for the global egg phosphatidylcholine market. The company operates in the egg phosphatidylcholine market have significantly high opportunity in regions such as Asia-Pacific, Middle East & Africa, and Latin America attributed to the significantly growing economy.

The global egg phosphatidylcholine market is segmented on the basis of end-use, application, and region. On the basis of end-use, the global egg phosphatidylcholine market is segmented as cosmetics, pharmaceuticals, nutraceutical and others, wherein pharmaceutical segment have significant revenue share and is expected to have substantial growth rate, owing to rapidly growing pharmaceutical industry across the globe. On the basis of application, the global egg phosphatidylcholine market is segmented as solubilizer, moisturizer, emulsifier, and others. Among application segment, moisturizer segment is expected to have a substantial growth rate, owing to highly growing cosmetics industry.

Based on the geographies, the global egg phosphatidylcholine market is fragmented into seven regions -- North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific except Japan, Japan, and the Middle East & Africa. Among the regions, North America and Western Europe account for a relatively high share of the egg phosphatidylcholine market, attributed high demand for nutritional supplements across the region.

The Asia-Pacific except Japan region also accounts for the significant share in the global egg phosphatidylcholine market with substantial growth rate, owing to the rapidly changing lifestyle of the consumers across the region. Eastern Europe and Japan also accounts for significant value share in the global egg phosphatidylcholine market. The developing economy such as Middle East Africa and Latin America have a substantial growth in the global egg phosphatidylcholine market. Overall, the outlook for the global egg phosphatidylcholine market will have a positive growth over the forecast period, increasing health consciousness, increasing per capita income, and rapid economic growth, being counterfeiting factors.

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Few players in the global egg phosphatidylcholine market include Vitamin Research Products, Jena Bioscience GmbH., Kewpie Corporation, NOF America Corporation, Harmony Whole Foods Market, Avanti Polar Lipids Inc, Nutrasal Inc, Lipoid, and Natural Factors.