Lecithin Market size was valued at US$ 547.6 Mn. in 2021 and the total revenue is expected to grow at 7.8% (CAGR) from 2022 to 2029, reaching US$ 998.65 Mn.
Lecithin market Overview:A combination of fats called lecithin is necessary for human body cells. Sunflower seeds, egg yolks, soybeans, animal fat, salmon, and corns are just a few of the foods that contain it. Due to its capabilities as an emulsifier, viscosity reduction agent, and wetting agent, it is increasingly being used in baked products, ready-to-eat meals, confectioneries, pasta, and instant foods, which is a major driver of growth. As an emulsifier, lecithin keeps fats and oils suspended and prevents them from combining with other substances. Lecithin supplements are available for a variety of medical conditions, including ulcerative colitis, high cholesterol, and lactation aid. Sunflower lecithin is also available in powder and liquid form, unlike soybean lecithin, which often comes in granulated capsule form. Even though sunflower lecithin is less popular, some people prefer it because they want to avoid eating foods that have been genetically modified (GMOs). Lecithin side effects include swelling, itching, rashes, stomach discomfort, and diarrhoea are some of the main issues limiting the growth of the lecithin market. The global lecithin market is segmented by source into egg, soy, sunflower, and others. The market is segmented into food and beverage, feed, nutrition, and supplement, and an analysis of the trends and factors that play segmented geographically into North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. The report offers market size and forecasts for the lecithin market in value (USD million) for all the above segments.To know about the Research Methodology :- Request Free Sample Report
Research MethodologyThe lecithin Market report provides an evaluation of the market for the forecast period. The report comprises various segments and an analysis of the trends and factors that play a substantial role in the market. In the report, the market outlook section mainly encompasses fundamental market dynamics, including drivers, restraints, opportunities, and challenges faced by the industry. Based on the understanding of requirements, secondary research is conducted to identify the segment specifications, and qualitative and quantitative data along with the factors responsible for the growth of the market. The secondary source referred for the research are press releases, company annual reports, government websites, and research papers related to the market. Moreover, quantitative and qualitative data are extracted from paid databases like Reuters, Bloomberg, Hoovers, etc. The secondary research carried out at the primary level is verified by primary research.
Lecithin market Dynamics:Palm Oil Is a Key Driving Factor in Lecithin Price Palm is regarded as a primary driver of the world market for oils because it is the most effective source of vegetable oil on the planet. The price of soy lecithin, which is shared between palm and sunflower or soy production, affects palm oil and palm olein pricing in the future. As palm oil becomes more popular, demand for more expensive soybean and sunflower oils will decline. Both should naturally follow the downward trend of palm oil. Health benefits of lecithin driving market The body naturally produces lecithin in the liver. Whether consumed in food or produced by the body, lecithin is used to break down bile, remove fat deposits from the liver, and transport fats through your bloodstream and into your cells. Lecithin is also used to produce choline, which is one of the B-complex vitamins. Choline helps to metabolize fats, transmit nerve impulses and preserve the myelin sheaths protecting your nerves. Because of these roles, lecithin and choline are used in the treatment of Alzheimer's disease, high cholesterol levels, and liver disorders. Market Opportunity Consumers who lead healthy lifestyles are more likely to look for various dietary supplements to maintain and improve their general health. Therefore, the market for lecithin in the dietary supplement business is being driven by the increased focus on the preventive healthcare system, together with strong endorsements and marketing efforts of lifestyle enhancement products. The market is primarily being impacted by the rise in demand for food ingredients made from various natural sources, which would strengthen the industry. The industry's growth is anticipated to be fueled by the spike in product introductions in response to consumer demand. For instance, Lasenor announced the release of VEROLEC ORGANIC, organic soy lecithin with USDA (United States Department of Agriculture) Organic Certification that was produced in the United States. Market Restraints Side effects of lecithin- Lecithin side effects include swelling, itching, rashes, stomach discdiarrhe, and diarrhea are some of the main issues restraining the growth of the lecithin industry.
Lecithin market Segment Analysis:By Source, The soy segment dominates the lecithin market because it’s one of the most widely used food additives on the market. Lecithin is one of the most popular food additives on the market, and the soy segment controls the lecithin industry. Both mainstream and specialty food stores carry soy lecithin in large quantities. It is frequently used as a component in foods and is available as a supplement to improve your health. Other advantages of soy lecithin may include lowering blood pressure, raising cholesterol, and assisting with problems brought on by stress. Processed foods such as cereal, spaghetti, bread, soy and milk substitutes, meats, drinks, salad dressings, sauces, and dips all contain soy lithium. Soy lecithin has the following nutrition content • 214 calories • 28 grams fat
• 1,438 milligrams omega-3 fatty acids • 11,250 milligrams omega-6 fatty acids• 51.5 micrograms vitamin K (64% DV) • 2.3 milligrams vitamin E (11% DV) • 98 milligrams cholineSunflower Seed Held Second Largest Share in Lecithin Market in 2021 Lecithin extracted from sunflower seeds is expected to witness an increased demand in the growing product category of healthy foods due to sunflower lecithin being often allergen-free, non-GMO, and plant-based. This makes it a straightforward replacement for other types like animal-based lecithin or soy lecithin, which is often made from genetically modified soy. Sunflower lecithin is made by dehydrating sunflower seeds and separating them into three parts; solid, oil, and gum in a cold press system similar to making extra virgin olive oil. The gum part of it is lecithin. It’s also rich in vitamins, minerals, choline, and healthy fatty acids that the body needs to function.By Grad, Pharma lecithin market is expected to hold the largest market share by 2029. The food, drug, and cosmetic sectors all use lecithin for its emulsifying abilities. The treatment of hypercholesterolemia, neurological problems, manic disorders, and liver conditions are among the proposed pharmacological uses of lecithin. By triggering both specialized and general defense systems, it has also been utilized to alter the immune system. To support the use of lecithin for these purposes, however, there are no reliable clinical investigations. In addition to assisting in the maintenance of a healthy heart and cardiovascular system, lecithin offers prevention against arteriosclerosis and cardiac diseases. The nutrients in lecithin and its constituent parts assist brain health. They increase productivity and memory, fight dementia and depression, and shield brain cells from deterioration. Lecithin metabolizes obstructing fat in the liver and lowers the risk of liver deterioration. Lecithin aids in the absorption of nutrients in the intestines of vitamins A and D.By Application, among the segmentation by application food and beverage held the largest share during the forecast period. Lecithin can be highly used in food production due to its properties and food texture, harmless to health, and health-promoting properties are driving the lecithin market growth. Lecithin is used wherever the emulsifying and dissolving properties of the substance offer advantages. Products that benefit most from it are, for instance, baked goods, confectionery, and instant products. Emulsifiers are indispensable in the bakery. With its excellent properties, lecithin can replace synthetic emulsifiers and, with good economic efficiency, is responsible for a number of product advantages, including high volume yield, improved freshness, better dough properties, optimized fat distribution, and increased fermentation tolerance.
Lecithin Market Regional Insights:North America is expected to be the fastest growing region in the global lecithin markets, due to the Increasing demand for cosmetics, and the rising disposable income of regional people is estimated to fuel the growth of the regional market, which is expected to also be added by higher demand for hair care and skincare goods. These cosmetics are used for skin care because they are soothes and soften a variety of skin types. Because of its remarkable moisturizing qualities, which keep the skin hydrated and nourished, it is utilized in reparative creams. The main benefits are that it repairs damaged hair and aids in straightening operations, which support the expansion of the local market. Furthermore, the United States is one of the biggest producers as well as consumers of processed foods in the world, which is increasing the demand for lecithin in the region. The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Archer Daniels Midland Company, Bunge Limited, DuPont de Nemours, Inc., Wilmar International Limited, Kewpie Corporation, IMCD N.V., Avril Group, Lipoid GmbH, Stern-Wywiol Gruppe GmbH & Co. KG, and Cargill Corporation. The objective of the report is to present a comprehensive analysis of the Lecithin market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. The report also helps in understanding the Lecithin market dynamics, structure by analyzing the market segments and project the Lecithin market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Lecithin market make the report investor’s guide
Lecithin market Scope: Inquire before buying
Lecithin Market Base Year 2021 Forecast Period 2022-2029 Historical Data CAGR Market Size 2021 Market Size 2029 2017 to 2021 7.8% US$ 547.6 Mn US$ 998.65 Mn Segments Covered by Product • Soybean • Sunflower Seed • Egg by Grade • Food grade • Pharma Grade • Feed Grade by Application • Food & Beverages • Animal Feed • Pharmaceuticals • Other Application Regions Covered North America • United States • Canada • Mexico Europe • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest of Europe Asia Pacific • China • S Korea • Japan • India • Australia • Indonesia • Malaysia • Vietnam • Taiwan • Bangladesh • Pakistan • Rest of APAC Middle East and Africa • South Africa • GCC • Egypt • Nigeria • Rest of ME&A South America • Brazil • Argentina • Rest of South America
Global Lecithin market Key Players are:• Cargill, Incorporated. (US) • Archer-Daniels-Midland Company (US) • Bunge Limited (US) • American Lecithin Company (US) • Global River Food Ingredients Inc. (US) • NOW Foods (US) • Soya International (US) • Clarkson Grain Company, Inc (US) • Austrade Inc (US) • GIIAVA (India) • Haneil Soyatech Pvt. Ltd. (India) • Sun Nutrafoods (India) • Orison Chemicals Limited (China) • Wilmar International Ltd. (Singapore) • Thew Arnott & Co. Ltd. (UK) • Lipoid GmbH (Germany) • LECICO GmbH (Germany) • Novastell Essential Ingredients (france) • Sime Darby Unimills B.V. (Netherland) • Lecital OG (Switzerland) • Lasenor EMUL., S.L. (Brazil) Frequently Asked Questions: 1. What is the forecast period considered for the Lecithin market report? Ans. The forecast period for the Lecithin market is 2021-2029. 2. Which key factors are hindering the growth of the Lecithin market? Ans. Lecithin side effects include swelling, itching, rashes, stomach discomfort, and diarrhoea are some of the main issues limiting the growth of the lecithin industry. 3. What is the compound annual growth rate (CAGR) of the Lecithin market for the forecast period? Ans. 7.8% CAGR is the annual growth rate of the lecithin market. 4. What are the key factors driving the growth of the Lecithin market? Ans. Health benefits of lecithin driving market. 5. Which are the worldwide major key players covered for the Lecithin market report? Ans. Cargill, Inc., ADM, Lipoid GmbH, Bunge Limited, American Lecithin Company, Global River Food Ingredients, DuPont de Nemours, Inc. are the major key players.
1. Global Lecithin Market: Research Methodology 2. Global Lecithin Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to the Global Lecithin market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Lecithin Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Lecithin market Segmentation 4.1 Global Lecithin market, by Source (2021-2029) • Soybean • Sunflower Seed • Egg 4.2 Global Lecithin market, by Grade (2021-2029) • Food grade • Pharma Grade • Feed Grade 4.3 Global Lecithin market, by Application (2021-2029) • Food & Beverages • Animal Feed • Pharmaceuticals • Other Application 5. North America Lecithin market(2021-2029) 5.1 North America Lecithin market, by Source (2021-2029) • Soybean • Sunflower Seed • Egg 5.2 North America Lecithin market, by Grade (2021-2029) • Food grade • Pharma Grade • Feed Grade 5.3 North America Lecithin market, by Application (2021-2029) • Food & Beverages • Animal Feed • Pharmaceuticals • Other Application 5.4 North America Lecithin Market, by Country (2021-2029) • United States • Canada • Mexico 6. Europe Lecithin market (2021-2029) 6.1. European Lecithin market, by Source (2021-2029) 6.2. European Lecithin market, by Grade (2021-2029) 6.3. European Lecithin market, by Application (2021-2029) 6.4. European Lecithin market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Lecithin market (2021-2029) 7.1. Asia Pacific Lecithin market, by Source (2021-2029) 7.2. Asia Pacific Lecithin market, by Grade (2021-2029) 7.3. Asia Pacific Lecithin market, by Application (2021-2029) 7.4. Asia Pacific Lecithin market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Lecithin market (2021-2029) 8.1 Middle East and Africa Lecithin market, by Source (2021-2029) 8.2. Middle East and Africa Lecithin market, by Grade (2021-2029) 8.3. Middle East and Africa Lecithin market, by Application (2021-2029) 8.4. Middle East and Africa Lecithin market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Lecithin market (2021-2029) 9.1. South America Lecithin market, by Source (2021-2029) 9.2. South America Lecithin market, by Grade (2021-2029) 9.3. South America Lecithin market, by Application (2021-2029) 9.4 South America Lecithin market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Cargill, Incorporated. (US) 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Archer-Daniels-Midland Company (US) 10.3. Bunge Limited (US) 10.4. American Lecithin Company (US) 10.5. Global River Food Ingredients Inc. (US) 10.6. NOW Foods (US) 10.7. Soya International (US) 10.8. Clarkson Grain Company, Inc (US) 10.9. Austrade Inc (US) 10.10. Thew Arnott & Co. Ltd. (US) 10.11. GIIAVA (India) 10.12. Haneil Soyatech Pvt. Ltd. (India) 10.13. Sun Nutrafoods (India) 10.14. Orison Chemicals Limited (China) 10.15. Wilmar International Ltd. (Singapore) 10.16. Lipoid GmbH (Germany) 10.17. LECICO GmbH (Germany) 10.18. Novastell Essential Ingredients (france) 10.19. Sime Darby Unimills B.V. (Netherland) 10.20. Lecital OG (Switzerland) 10.21. Lasenor EMUL., S.L. (Brazil)