Egg Yolk Market: Cosmetics Spearhead, with Food and Beverages on the Trail

Posted by Arslan on February 11th, 2019

The egg yolk oil market is witnessing a remarkable shift from traditional sales channels to direct-to-customer (e-commerce) online selling model. Manufacturers are leveraging the reach and popularity of online retail among consumers in rural and suburban areas.

Egg yolk oil sales via ecommerce channels are likely to remain resurgent during the assessment period 2018-2028, growing at 5.9% CAGR in terms of value, finds a new Fact.MR study. Overall, the report is bullish on the prospects of egg yolk oil market, and estimates global demand to surpass 1 million liters by 2028. Sales are expected to remain concentrated in emerging economies in Asia Pacific, with United States supplementing demand during the period of forecast.

Effective Hair Care Now Possible

Hair loss is one of the major growing concerns that has left no region untouched. Hair loss leading to baldness is becoming a growing concern among men which has resulted in increased preference towards hair loss treatments. According to American Hair Loss Association, in men, MPB (Male Pattern Baldness) accounts for over 95 percent of hair loss. Moreover, high cost associated with scientific hair loss treatments has shifted focus of people towards using natural hair care treatment, such as application of egg yolk oil to improve scalp health.

Changing Preference Towards Synthetic Ingredients

According to American Chemical Society, with growing conservation awareness since the last decade, customer preference for natural products over synthetic ingredients has increased. This change in preference has driven significant growth in natural products sector including personal care, cosmetics and hair care to name a few. In addition, negative publicity of synthetic ingredients has further impacted the perception of consumers towards quality of skin care products and their side effects. Growing customer inclination towards natural ingredients over synthetic ones is expected to influence adoption of egg yolk oil.

Browse Full report with TOC

https://www.factmr.com/report/772/egg-yolk-oil-market

China is likely to remain at the vanguard of growth – with respect to sales and new product launches, the country is likely to retain its status quo as a major growth contributor, closely followed by India. Increasing sales of egg yolk oil in these countries make Asia Pacific excluding Japan (APEJ) the biggest market for egg yolk oil, considering the global scenario. In addition to APEJ, demand is also witnessing a spike in Europe and North America as new consumer demographics realize the benefits of egg yolk oil for hair and skin care.

The report on egg yolk oil market includes key business strategies and product offerings of major market participants. 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 and Kewpie Corporation are some of the major participants profiled in the report. Apart from these key participants, the report has also profiled other stakeholders across the egg yolk oil supply chain.