Egg Yolk Oil Market Set to Expand at 5.9% CAGR Backed by Adoption in Nutraceutical Sector
Over the years, there has been a remarkable upsurge in the spending on personal care, on the back of increasing the popularity of natural beauty products and essential oils. On this premise, egg yolk oil is finding extensive applications in aromatherapy, owing to the enriching presence of anti-aging agents and antioxidants Moreover, egg yolk oil is gaining traction in nutraceutical applications to treat indigestion and for proper functioning of the immune system. Backed by these aforementioned factors, the egg yolk market is anticipated to progress at a CAGR of 5.9% during the forecast period (2018 to 2028).
Consumption in Hair Care Segment Channels Majority of Revenue
According to the American Hair Loss Association, MPB (Male Pattern Baldness) accounts for over 95 percent of hair loss in men. Similarly, as per the statistics of the American Academy of Dermatology, 40% of women over 40 have visible hair loss. Despite the availability of numerous hair loss treatments, they have proved inefficient in controlling hair fall. Moreover, the high cost of scientific hair loss treatments is asserting consumers to opt for cheaper and effective natural hair care treatment. Hence, increasing preference for natural hair care treatments is propelling the demand for egg yolk oil, and is anticipated to remain a major growth driver.
An exhaustive research on egg yolk oil market was initiated by XploreMR and all vital acumen associated with the consumption of egg yolk oil and its demand in different applications in cosmetics, and in pharmaceutical have been skilfully compiled in a new research report named global egg yolk oil market. Key insights and market highlights have been systematically arranged for reader’s convenience.
A Comprehensive Research
The research report on egg yolk oil market covers several industry specific and macroeconomic factors that define the growth path of the entire egg yolk oil market during the forecast period (2018-2028). The research report includes analysis on several trends that shape the market, drivers that fuel the growth of the egg yolk oil market, opportunities that influence it as well as key developments that impact the future market prospects. It also includes challenges and restraints that hinder the growth of the egg yolk oil market.
The in-depth analysis on egg yolk oil market can assist in devising profitable strategies and make informed decisions with respect to gaining hold on the market along with exploring key revenue pockets. These growth influencing aspects have been analyzed across major regions, which portrays a holistic market research approach with a 360 degree intelligence on egg yolk oil market.
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