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Egg Phosphatidylcholine Market Size
- Report ID: GMI781
- Published Date: Sep 2016
- Report Format: PDF
Egg Phosphatidylcholine Market Size
Egg Phosphatidylcholine Market size was over USD 8.9 million in 2015 with gains expected at above 5.5% .
Strong trend for high nutritious food consumption owing to rise in health concerns among consumers should drive egg phosphatidylcholine market size. It is very effective for ulcerative colitis, hepatitis C, hepatitis A, peritoneal dialysis, tardive dyskinesia, alzheimer's, eczema, manic-depressive illness, premenstrual syndrome and weight loss. Dietetics are widely used and have witnessed increase in sales since past few years.
PC (Phosphatidylcholine) is a chemical majorly present in egg yolk, mustard, sunflower and, soybeans. It is extracted mechanically or chemically from lecithin egg-yolk with the use of hexane. The compound comprises of phosphatidylethanolamine, lysophosphatidylcholine and sphingomyeline. Global lecithin market size was over USD 750 million in 2015 and expects gains at above 5.5%. Rising dietetics supplements and processed food demand due to change in consumer hectic lifestyle should positively influence lecithin market.
| Report Attribute | Details |
|---|---|
| Base Year: | 2015 |
| Egg Phosphatidylcholine Market Size in 2015: | 8.9 Million (USD) |
| Forecast Period: | 2016 to 2024 |
| Forecast Period 2016 to 2024 CAGR: | 5.5% |
| 2024 Value Projection: | 15 Million (USD) |
| Historical Data for: | 2013 to 2015 |
| No. of Pages: | 70 |
| Tables, Charts & Figures: | 55 |
| Segments covered: | Application and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Increasing awareness about health hazards along with growth in ageing population are foreseen to drive market. It serves as anti-ageing supplement and can increase neuroplasticity and boost brainpower. Global old age population over 60 years was approximately 900 million in 2015 and is forecast to surpass 2 billion by 2050. Elderly people are more prone to alzheimer, memory loss, liver problem and bone disorder which may promote anti-ageing demand and promote egg phosphatidylcholine market demand.
In 1998, choline was added as a nutrient source and recommended for daily meal intake by NAS (National Academy of Sciences). Key choline properties consist of channeling methyl group for interchanging brain signals to prevent human body from memory loss and CVD. High content of choline along with nutrient density makes yolk as best source of nutrient which may boost egg phosphatidylcholine market size.
Threat from low cost substitutes such as rapeseed, mustard and soybean may push suppliers to use them over yolk and may pressurize manufacturing costs. This factor can significant impact on egg phosphatidylcholine market price trend.
Egg Phosphatidylcholine Market Scope
