Press release
Lecithin Market Size & Analysis - Forecasts to 2026
Lecithin Market
Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on "Global Lecithin Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/global-lecithin-market-3053
By Source (Soy, Sunflower, Rapeseed, Others), By Application (Convenience Foods, Bakery, Confectionery, Pharmaceuticals & Personal Care, Animal Feed, Industrial, Others), By Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• Lecithin is a kind of matter obtained from various commercial sources like soybeans, egg yolks, and sunflowers, among others.
• Lecithin is a material that has found applications in drug creation and is widely used in pharmaceutical manufacturing.
• Moreover, due to its many medicinal benefits, lecithin can be consumed as medication and used in the production of pharmaceuticals.
• The sunflower lecithin market is anticipated to advance fast because it is considered a favored substitute for soy-based products.
• The majority of the lecithin demand is from the food and pharmaceutical industry. In the food industry, lecithin is utilized as a food additive due to its functional property of emulsifiers and anti-spatter.
• The increasing importance of emulsion-based pharmaceutical products is expected to drive up demand for these ingredients, which help in the stabilization of oil-in-water and water-in-oil emulsions.
• Furthermore, the thriving aquaculture industry in China is anticipated to spur lecithin in the animal feed market.
• Global River Food Ingredients, Archer Daniels Midland, Lipoid GmbH, DuPont, Wilmar International, Bunge Ltd., American Lecithin Company, Soya International, NOW Foods, Sternchemie GmbH & Co. KG, Cargill Inc., GIIAVA, and Thew Arnott & Co., Ltd., are some of the identified industry players.
• In April 2021, Sternchemie has received a GRAS "notice of no objection" from the US Food and Drug Administration (FDA) for its extensive line of sunflower lecithins.
Browse the Report @ https://www.globalmarketestimates.com/market-report/global-lecithin-market-3053
Source Outlook (Revenue, USD Million, 2021-2026)
• Soy
• Sunflower
• Rapeseed
• Others
Application Outlook (Revenue, USD Million, 2021-2026)
• Convenience Foods
• Bakery
• Confectionary
• Pharmaceuticals & Personal Care
• Animal Feed
• Industrial
• Others
Regional Outlook (Revenue, USD Million, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
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