Market Revenue Egg Phosphatidylcholine Market Estimates 2020 | Page 2

Other properties such as low toxicity and high skin compatibility, egg phophatidycholine are used as a treasured raw material for the cosmetic industry. Moreover, with the increase in use of cosmetics the market for egg phosphatidycholine is projected to grow. However, with easy availability of less expensive substitutes such as mustard, soybean and sunflower from which phosphatidycholine can be extracted easily, is expected to hinder market growth. In addition, extraction from egg yolk is a complicated and expensive process which is further expected to restrict market growth. Application Insights Some of the major applications of egg phosphatidycholine include pharmaceutical, dietetic supplement, and cosmetics. It is used as a solubilized, moisturizer, and emulsifier for various ointments, used for maintenance and beautification of the skin. In addition, properties such as high stability against exposure to light and against oxygen, makes it suitable to be used in cosmetics. Egg phosphatidylcholine stabilized soybean oil emulsions also known as Intralipid. These are employed as lipase substrates. These are also used as human parenteral nutrition thereby making it an essential compound in medical industry. Choline finds wide scale application in medical industry such as treatment of neurological atherosclerosis and other neurological related disorders. Egg phosphatidycholine is a major source of choline. The presence of choline in egg phosphatidycholine is expected to boost the demand for egg phosphatidycholine in dietetic food, due to rising awareness among people about the high nutritional content foodstuffs. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/egg-phosphatidylcholine-market Regional Insights High demand for cosmetic products form countries such as France, Italy, Germany and United Kingdom has resulted in high demand for egg phosphatidycholine. Moreover, due to its ability to enhance functioning of liver, its demand is expected to rise further. In North America, the demand for egg phosphatidycholine was due to the presence of companies catering to dietetic supplement segment in the region. Emerging economies such as India and China in Asia Pacific are expected to augment the demand egg phosphatidycholine. Competitive Insights Some of the major market players in the industry include NOF America Corporation, Nutrasal Inc, Natural Factors, Jena Bioscience GmbH, Kewpie Corporation, Avanti Polar Lipids Inc, Harmony Whole Foods Market, Lipoid, and Vitamin Research Products. The market is highly consolidated due to presence of less number of manufacturers. Moreover, fluctuating prices of raw material will deter entry of new players in the market.