According to this latest study , Lecithin Market size is projected to reach USD 1.5 Billion by 2027 from an estimated USD 1.05 Billion in 2020, growing at a CAGR of 5.5% globally.
Lecithin is a fat type, that is crucial for the body and is
present in several foods, such as egg yolk, soybeans, and others. The
application of lecithin has increased crucially in the past few decades due to
its advantageous health benefits. Globally, most commercial lecithin is derived
from raw materials such as soybean and egg yolk. Other raw materials such as
cottonseed, corn germ, palm and palm derivatives, and coconut oil contain a low
level of lecithin content where commercial extraction is non-economical.
Growing concern
towards healthy lifestyle and propelling demand for nutrient rich food &
beverages and supplements may stimulate lecithin industry growth. These are composed
of phospholipids which are sourced from oilseeds which includes sunflower,
rapeseed and soy. The blending property exhibited by this product is driving
its demand in the food & beverages, pharmaceuticals and cosmetic industry.
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Lecithin Market - Size, Competitive Landscape and
Segmentation Analysis:
Lecithin Market
Reports provide a high-level overview of market segments by product type,
applications, leading key players, and regions, as well as market
statistics. The research insights focus on the impact of the Covid-19
epidemic on performance and offers a thorough examination of the current market
and market dynamics. This crucial understanding of the report's objective can
help you make better strategic decisions about investment markets by assessing
elements that may affect current and future market circumstances. The leading
key players in the Global and Regional market are summarized in a research to
understand their future strategies for growth in the market.
The key players covered in the Lecithin market
report is:
·
Sun Nutrafoods (SNF)/Ago Solvent Products
·
Cargill Incorporated
·
Sternchemie
·
Archer Daniels Midland (ADM)
·
Avanti Polar Lipids
·
American Natural Processors
·
Danisco/DuPont Nutrition & Health
·
Ruchi Soya
·
AGD
·
Lasenor
·
Lecico
·
Lipoid
·
VAV Life Sciences
·
Sime Darby Unimills
·
The Lecithin Company
·
IMCOPA
·
FoodChem
·
Gauri Agrotech Products
·
Keshav Industries
·
Leci-Impex
·
Bunge Argentina
·
and others.
By Source, Lecithin
has been segmented into:
·
Egg Yolk
·
Soy
·
Sunflower
·
Rapeseed
·
Cottonseed
·
Others
By Application, Lecithin
has been segmented into:
·
Food & Beverages
·
Pharmaceuticals & Nutraceuticals
·
Personal Care & Cosmetics
·
Others
Market Segment
by Regions and Countries Level Analysis:
·
North America (U.S., Canada, Mexico)
·
Europe (Germany, U.K., France, Italy, Russia, Spain,
Rest of Europe)
·
Asia-Pacific (China, India, Japan, Southeast Asia,
Rest of APAC)
·
Middle East & Africa (GCC Countries, South
Africa, Rest of MEA)
·
South America (Brazil, Argentina, Rest of South
America)
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Covid-19 Impact
and Recovery Analysis on Industry:
We've kept track of
Covid-19's direct impact on this market as well as its indirect impact on other
industries. During the analysis period, the impact of the Covid-19 pandemic on
the market is predicted to be significant. From a worldwide and regional viewpoint,
this report examines the influence of the pandemic on the Lecithin industry.
The study categories the Lecithin industry by type, application, and consumer
sector to determine market size, market features, and market growth. It also
includes a thorough examination of the factors that influenced market
development before and after the Covid-19 pandemic. In addition, the research
did a pest analysis in the sector to investigate major influencers and entrance
obstacles.
Global Lecithin Market
Report contains market data from 2022 to 2028, which provides an overview of
the market covering key drivers and risk factors. The report is segmented by
top global manufacturers that mention sales, revenue and applicable prices. It
also evaluates the competitive scenarios of key players. The report is expanded
to include regional market data along with types and applications. This report
forecasts sales and revenue from 2021 to 2027. Detailed sales channels are also
covered in the study.
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Frequently Asked Questions:
- At what growth rate would the Lecithin market expand?
- Who are the prominent players
of the Global Lecithin
market?
- What are the top priorities to focus for Lecithin market’s growth?
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