VALLEY COTTAGE — Future Market Insights (FMI), in its latest study, analyzes the global market for eggshell membrane powder for the upcoming decade-old period of assessment. The report opines that the eggshell membrane powder consumption volume in 2018 was ~ 8,657 MT, which is highly likely to witness a healthy increase by 2019 end, at a 6% Y-o-Y rate. FMI’s analysis suggests that the trend of ‘biowaste repurposing’ is gathering considerable pace at a global level, and will contribute to the growing acceptance for eggshell membrane powder across various end-use sectors.
FMI’s conclusive analysis says that although the conventional eggshell membrane powder will continue to remain highly preferred among consumers owing to its fair and reasonable price point, a relatively recent trend that involves growing consumer proclivity for ‘organic’ is likely to gain momentum in the long run. Organic has been quite a buzzword in the global consumer marketplace over the recent past, and consequently a massive inflow of organic variants is likely to be spectated in years to come. However, the ‘conventional Vs organic’ war continues to shape the eggshell membrane powder market, particularly in price-sensitive markets.
As per the report, the leading manufacturers remain highly focused on commercializing high-quality products at reasonable prices. While the market players continue to stress on regular R&D processes for product innovations, they also invest in comprehensive ‘price benchmarking’ to understand patterns of customer cost sensitivity across different regions. Business expansion also remains a strategic priority of the companies operating in this market, wherein market players are targeting specific regions with high growth potential to expand their operational bases.
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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
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