Press release
Global Lecithin Market Brief Analysis by Top Key Players Archer Daniel Midland (ADM), Cargill, GIIAVA, Haneil Soyatech Pvt. Ltd., Lipoid GmbH, American Lecithin Company & more
Historical data from 2013 is provided for Lecithin market along with estimates and forecasts to 2024 based on segmentation of Lecithin industry By Source, By Application, companies and regions. Previous years’ data offers fact based information on trends and growth graph while the forecasts aim to show an outlook of Lecithin market for the next few years keeping in mind the advancements happening in the sector.
Coming back to the premium report on structural steel market for 2018-2024, companies profiled in this research include Archer Daniel Midland (ADM), Cargill, GIIAVA, Haneil Soyatech Pvt. Ltd., Lipoid GmbH, American Lecithin Company (ALC), Sodrugestvo, Sonic Biochem, DowDuPont, Bunge Limited, Sternchemie, LECICO, SOYA International, Novastell
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Lecithin market will be mainly driven by its Increasing consumer expenditure on processed and convenience food owing to rising awareness regarding the demand for healthy food products may witness significant growth in lecithin market. Growing demand towards natural food products to reduce the usage of preservatives is likely to further support the industry growth.
Lecithin have wide application in food & beverage industry as it acts as an emulsifier and homogenizes fat particles in food. In bakery products it supports dough tolerance and work as releasing agent after baking. This product is rich in functional phospholipids which makes them ideal for usage in healthy food products and nutraceuticals. It is widely used in baked goods and confectionaries as it acts as instantizers which aid protein and other minerals to disperse in aqueous systems, thereby stimulating product demand.
Sunflower lecithin market demand may witness significant gains at over 6% by 2024. These are derived by dehydrating sunflower and is processed through cold press system. They are rich in choline and other fatty acids which add on as a supplement which aids in reduction of the other fats and protect red blood cells. As an emulsifier it is able to balance the fat levels in bloodstream and help to boost heart health. It also helps in lubrication of joints and the reduction in inflammation around the body. In bakery products sunflower lecithin improves the extensibility of the gluten which has an impact on various aspects of baking process and improves the machinability of the dough, thus stimulating the product demand.
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North America led by the U.S. and Canada lecithin market may witness gains at over 5% by the end of forecast period. Growing demand for natural products like skincare, fragrances and cosmetics owing to their benefits such as penetration in the skin, skin hydration and moisturizing effects is likely to foster the product demand. Increasing consumer demand towards organic, and ethical cosmetic products owing to its natural properties may stimulate the regional industry growth.
Europe led by France, UK, Spain, and Germany lecithin market may exceed USD 595 million by 2024. Growing demand for bakery products which include biscuits, pastries and cakes with low fat and calorie content may foster the market growth. Increasing demand for healthy and handy snacks products which are rich in essential nutrients like wrapped bread may propel the industry growth.
Asia Pacific led by, China, Japan and India lecithin market demand may witness gains at over 5% by 2024. The growth in demand can be attributed owing to high penetration of products across pharmaceuticals industry. Rising population in China and India may boost demand for medical aids which can be used in treatment of diseases such as Alzheimer, high cholesterol and skin diseases like eczema coupled with government initiatives to promote more pharmaceutical sector in the region, thereby boosting lecithin market demand.
Table of Content:
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Lecithin Industry Insights
Chapter 4. Lecithin Market By Source
Chapter 5. Lecithin Market, By Application
Chapter 6. Lecithin Market, By Region
Chapter 7. Company Profiles.
Complete report at: https://www.marketstudyreport.com/reports/lecithin-market
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