Industry Insights
Egg phosphatidylcholine is used to improve liver functionality and enhance the functioning of digestive system in elderly people. Increasing old age population is expected to drive the market growth. Moreover, egg phosphatidylcholine is used as means of relief for food allergies which in turn is expected to drive demand in dietary supplements. FDA approval for choline, an ingredient in egg phosphatidylcholine, is expected to supplement growing importance as a dietary supplement. Increasing use of egg phosphatidylcholine as a solvent for insoluble pharmaceutical ingredients is expected to have a positive impact on the market for pharmaceutical applications.
Egg phosphatidylcholine is used in cosmetics as an emulsifier for creams. It prevents skin cell damage and improves elasticity of skin. Growing cosmetics industry owing to increasing income levels and changing lifestyle across globe is expected to drive the market growth over the forecast period. Moreover, medical benefits associated with egg phosphatidylcholine such as brain development of fetus, atherosclerosis and neurological functioning is expected to boost demand in medical applications. Availability of cost effective substitutes such as soybean, mustard and sunflower for extracting phosphatidylcholine may pose challenges to phosphatidylcholine extracted through egg. 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.
Application Insights
Egg phosphatidylcholine is mainly used in cosmetics, pharmaceuticals and dietary supplements. It is used as solubilizer, emulsifier and moisturizer in cosmetics. Additionally, superior properties such as stability against oxygen and sun light make it ideal ingredient in sunscreens in cosmetics industry which in turn is expected to drive the market over the forecast period. Choline is used for treating neurological disorders such as atherosclerosis. Presence of choline in egg phosphatidylcholine is expected to further fuel the market growth. Growing importance of soybean oil emulsions stabilized with egg phosphatidylcholine which are used as parenteral nutrition is expected to contribute to the market growth. Egg phosphatidylcholine is used in dietary supplements to improve digestive system and promote liver functioning among elder people. Growing geriatric population and rising incidences of food related ailments is expected to fuel demand in the market. Growing awareness regarding nutrition is expected to complement the market growth over the forecast period.
Regional Insights
North American market is expected to exhibit significant growth owing to favorable regulatory environment for egg phosphatidylcholine as dietary supplement. Presence of many pharmaceutical and dietary supplement companies in the region is expected to further augment growth. Increasing demand for cosmetics is expected to further drive the market in the region. Europe is expected to grow owing to increasing cosmetic products demand including moisturizers and sunscreens. Moreover, growing popularity of egg phosphatidylcholine among nutritionists for liver support programs is expected to drive demand in the region. Asia Pacific is a potential market for egg phosphatidylcholine owing to growing cosmetics industry on account of increasing income levels in emerging markets of China and India.
