NEW YORK, Jan. 12, 2022
Hen Egg Yolk Derived Oil to Attain US$ 350 Mn by 2032 : Fact.MR
Fact.MR's latest report on the egg yolk oil market offers 10-year forecast through 2022 & beyond. The report explicates on vital dynamics, such as drivers, restraints and emerging opportunities shaping the market dynamics. To present the information in a more vivid manner, the report has been segmented in terms of poultry type, application, sales channel and region.
NEW YORK, Jan. 12, 2022 /PRNewswire/ -- Fact.MR – A Market Research and Competitive Intelligence Provider: From 2022 to 2032, the global egg yolk oil market is expected to grow by about twofold. In 2021, the market was valued at US$ 254.15 million. The egg yolk oil market is expected to reach a value of US$ 528.97 Mn by 2032. With a market valuation of approximately US$ 350 million by 2032, hen egg yolk derived oil is predicted to reign supreme. The cosmetics industry will likely account for about half of total egg yolk oil application.
Egg yolk oil, considered an essential oil, is a popular product in aromatherapy because of its anti-aging and anti-oxidant properties. The aromatherapy and spa business has witnessed tremendous expansion as a result of rising customer demand for skin care and the growing popularity of essential oils, which has had a significant impact on the growth of the egg oil market.
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Due to the high cost of scientific hair loss treatments, many are turning to natural hair care alternatives like applying egg yolk oil to boost scalp health. With the rising prevalence of hair loss around the world, demand for egg yolk oil to treat hair loss is on the rise.
Market Value of Egg Yolk Oil in 2021
US$ 254.15 Mn
Projected Value for Egg Yolk Oil Market in 2022
US$ 268.91 Mn
Expected Market Value in 2032
US$ 528.97 Mn
Forecast CAGR (2022-2032)
While hair care has remained a big draw for producers, the demand for egg yolk oil in skin care, nail care, lip care, and other dermatological applications has opened limitless opportunities for producers.
The expansion of the egg yolk oil market has been influenced by rising customer preferences for skincare and the growing popularity of essential oils. Furthermore, the egg yolk oil market is in high demand as a result of its growing use in nutraceuticals to treat dyspepsia and boost immune system function.
According to the American Chemical Society, rising conservation awareness has increased customer preference for natural goods over synthetic chemicals during the last decade. The natural goods business, which encompasses, to name a few, personal care, cosmetics, and hair care, has exploded as a result of this shift in taste.
Furthermore, negative publicity concerning synthetic compounds has altered customer perceptions of skin care product quality and side effects. The rising popularity of natural components over synthetics is expected to have an impact on ovum oil consumption.
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Some of the prominent players operating in the egg yolk oil market profiled by Fact.MR are:
More Valuable Insights on Egg Yolk Oil Market
Fact.MR provides an unbiased analysis of the egg yolk oil market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the global egg yolk oil market with a detailed segmentation on the basis of:
By Poultry Type:
By Sales Channel:
Key Questions Covered in Egg Yolk Oil Market Report
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