Explore Global De-Oiled Lecithin Market - Current Trends, Analysis, Demand and Forecast to 2024

De-oiled lecithin is an ingredient which is majorly consumed as releasing agent, antioxidant, wetting agent, stabilizer, instantizing agent, lubricants and emulsifier. The global de-oiled lecithin market is growing at significant rate, due to upsurge in recognition of sunflower-based lecithin and mounting requirement in food and feed applications. The market has witnessed high demand for soy in the coming years due to adequate accessibility of soybean, mounting demand of natural sources in cosmetic and pharmaceutical industry and economical extraction procedure.

Request for Sample Copy of Research Report at: https://www.vynzresearch.com/food-beverages/de-oiled-lecithin-market/request-sample

On the basis of application, the market is subdivided into food, healthcare and feed. Among the all applications, the food application accounted the largest share in the de-oiled lecithin market due to upsurge in health conscious customer, escalating demand for sugar confectionery, convenient foods and chocolates in Asian countries and mounting alertness of advantages of nutritious food intake.

The food segment is further subdivided into convenience foods, bakery products, dairy & frozen desserts, confectionery products and others. The confectionery products accounted the largest share in the market due to increase in demand high quality chocolates. For instance, de-oiled lecithin is an essential ingredient in chocolate processing. It offers viscosity control, upsurge the processing stability and decreases the processing duration during the production of chocolate. In addition, the upsurge in cost of cocoa butter has compelled manufacturers to shift their interest to de-oiled lecithin as it is cost effective and suitable alternative.

Progression in trend for natural food additives, upsurge in recognition of sunflower-based lecithin, mounting consumer alertness regarding clean label products and upsurge in requirement for convenience food are the primary growth drivers for de-oiled lecithin market. Shifting user lifestyles, mounting necessity for trans-fatty acid and healthy snacking, and mounting requirement in food and feed applications are also facilitating the growth for the de-oiled lecithin market.

Imitation of de-oiled lecithin by artificial substitutes, variation in raw material rates, apprehensions about GMO and allergens issues related with soy are the major challenges for the growth of the de-oiled lecithin market.
Globally, the manufacturing companies trying to enter the de-oiled lecithin market are required to maintain stringent regulatory standards. This offers an edge to the established players in the industry competition.

Browse for Related Research Report at: https://www.vynzresearch.com/food-beverages

Geographically, Asia-Pacific is the largest de-oiled lecithin market as in the region the export opportunities of non-GMO lecithin is increasing, and the consumers are getting aware of the advantages of healthy food and feed.

Growing aquaculture industry in China, escalating demand for sugar confectionery, convenient foods and chocolates, upsurge in meat intake, obtainability of resources such as soy, escalation in requirement for non-allergic and organic food, growth of the aquaculture industry, and high investment growth in the pharma and personal care industry have the growth of the de-oiled lecithin industry in the Asia Pacific.

Browse Full Research Report at: https://www.vynzresearch.com/food-beverages/de-oiled-lecithin-market

Furthermore, the growing adoption of a premium lifestyle with quality food, mounting healthcare expenditure and increase in animal husbandry and augmented requirement for personal care products and cosmetics are also up surging growth of the Asia-Pacific de-oiled lecithin market.

Key players in the de-oiled lecithin market are catering the demand by investing on new product launches in their product portfolio across the globe. In March 2018, Cargill introduced de-oiled lecithin products to complete its product portfolio of GMO and non-GMO lecithin product. Cargill, Bunge Limited, Lasenor Emul, ADM, Novastell Essential Ingredients, Lecico GmbH, Giiava Pvt. Ltd, Dowdupont, American Lecithin Company, Stern-Wywiol Gruppe and Lecital GmbH are the key players operating in the market.

About VynZ Research

VynZ Research has been a trusted market research and advisory company, encompass a broad range of business organizations which belong to such diverse sectors as chemical and materials, automotive and transportation, energy and power, consumer goods, healthcare, ICT and other emerging technologies. This rich experience in varied fields has rewarded VynZ, with 60% of repeated clientele.

Contact

VynZ Research
Toll-Free:1-888-253-3960
Website: https://www.vynzresearch.com
Email: support@vynzresearch.com

This release was published on openPR.