The Global Lecithin Market size is expected to reach market growth in the forecast period of 2020 to 2025, with a CAGR of 6.75% in the forecast period of 2020 to 2025.
Latest research report on Lecithin Market delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrates its growth trends and competitive landscape as well as the key players in the business.
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Market Analysis of Lecithin –
Lecithin is kind of material which is attained from a number commercial sources such as soybeans, egg yolks, and sunflower. Lecithin has application in various sectors which comprises pharmaceutical, food and beverage, and cosmetic industry. Lecithin is used generally due to its unique properties such as smoothening textures of food, for homogenizing mixtures in liquid, to repel the sticky material, for dissolving powders, and also it is used as a stabilizing agent and emulsifier. Asia Pacific and North America region is the biggest maker of lecithin in the globe. Regionally, Non-GMO and organic lecithin are in trend.
The global lecithin market is divided by form, types, application, and grade. By types, it is divided as refined lecithin, unrefined lecithin, and chemically modified lecithin. Difference between natural or unrefined lecithin is that, unrefined lecithin is taken from the oil seeds such as sunflower and soybeans, and refined lecithin is unified with alcohol and phospholipids. However, chemically altered lecithin is altered via chemical treatments. Lecithin market is divided by forms into powder & granule and liquid. Liquid lecithin is employed majorly in industrial applications and bakery & confectionery, whereas powder lecithin is employed in beverage premixes and instant dry mixes.
Lecithin market is divided by grade such as feed grade, food grade, and pharma grade. Pharma grade lecithin is employed because of its nutritional, functional, and therapeutic features. Another section is by application of lecithin which comprises pharmaceutical industry, food and beverage, animal feed, cosmetic, and for industrial purpose. Further the market of food and beverage is divided into beverages, bakery & confectionery, meat & seafood, convenience foods, and dairy products.
The major players included in the global lecithin market forecast are,
- Sodrugestvo Group of Companies
- Archer Daniels Midland Company
- Thew Arnott Group
- Cargill Incorporated
- Swanson Health Products
- AMERICAN LECITHIN COMPANY
- Lipoid GmbH
- NOW Foods
- Bunge Limited
- Lucas Meyer GMBH
Lecithin Market Key Segments:
By Source Type: Egg, Soy, Sunflower, Other Sources
By Application Type: Food and Beverage, Feed, Nutrition and Supplements, Pharmaceuticals, Other Applications
Rising Health Awareness Amongst Users Has Led To The Growth In The Global Lecithin Market
Major boosters which affect the requirement of lecithin is from the food manufacturing sector as it is employed as food additive and where it has employments in form of realizing agent, lubricant stabilizer, natural emulsifier, and for many other purposes. However, lecithin is also trending its requirement from the pharmaceutical makers as they employ this good for treatments about liver, neurological conditions, cholesterol effects, and for cardiovascular diseases. Rising health awareness amongst users has led to rise in requirement of pharmaceutical as one of the goods which is also employed for preventive purpose as it assists in curing diseases about liver, neurological disorder, cholesterol level, and also employed for therapeutic purpose.
Major Areas In The Lecithin Market Are Western Europe And North America, According To Production, And Also Add Up For Majority Of Market Share In The Globe
By region, market of lecithin market is divided in seven regions: Latin America, North America, Eastern Europe, Western Europe, Japan, Asia-Pacific, Middle East and Africa. According to production, major lecithin market producing areas are Western Europe and North America and also add up for majority of market share in the globe. In terms of usage, Western European and North America nations are predicted to be the biggest user of lecithin in the globe.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
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