Submitted by: Submitted by Haakon
Views: 84
Words: 526
Pages: 3
Category: Business and Industry
Date Submitted: 08/19/2014 01:43 AM
The global market for egg phosphatidylcholine is expected to reach USD 12.2 million by 2020, according to a new study by Grand View Research, Inc. Egg phosphatidylcholine demand is expected to rise on account of its choline content which is an essential nutrient in daily diet. In addition, increasing occurrence of diseases such as Alzheimer’s and memory loss for population aged over 65 years is expected to trigger the demand for egg phosphatidylcholine in their treatment.
Dietetic supplements were the largest application segment accounting for USD 5.7 million of egg phosphatidylcholine market revenue in 2013. Increasing awareness regarding consumption of food with high nutritional content is expected to boost the demand for egg phosphatidylcholine over the forecast period. Egg phosphatidylcholine is also used in pharmaceutical applications and accounted for over USD 1.2 million of market revenue in 2013.
The report “Egg Phosphatidylcholine Market Analysis By Application (Cosmetics, Pharmaceutical, Dietary Supplements) And Segment Forecasts To 2020,” is available now to Grand View Research customers and can also be purchased directly at
http://www.grandviewresearch.com/industry-analysis/egg-phosphatidylcholine-market
Further key findings from the study suggest:
• Dietary supplements were the fastest growing application segment in the egg phosphatidylcholine market, at an estimated CAGR of 5.6% from 2014 to 2020.
• Cosmetics were the second largest application segment for egg phosphatidylcholine, with market revenue expected to exceed USD 2.1 million by 2020, growing at a CAGR of 5.0% from 2014 to 2020. The dominance of cosmetics in the market can be attributed to increasing concerns regarding health and hygiene coupled with changing environmental patterns. In addition, increasing awareness in the youth regarding use of cosmetic products on the basis of quality is expected to further augment the demand for egg phosphatidylcholine.
• Europe was the...