Press release
Lecithin Market Share, Trends, Merger, Growth, Size, Demand, Competitive Landscape And Regional Outlook With Global Industry Forecast To 2030 | ADM, Cargill, Incorporated, Caldic B.V., Bunge Loders Croklaan
The Global Lecithin Market is projected to grow from USD 1.49 billion in 2021 to USD 2.5 billion by 2030 at a CAGR of 6.9% during the forecast period.
Lecithin is used to treat a variety of ailments, including Alzheimer's disease and dementia. Also, lecithin is used to diagnose eczema, gallbladder disease, liver disease, high cholesterol, anxiety, and depression. In the production of ready-to-eat meals and processed meats, it can also be employed as a lubricant or emulsifier. The market demand will be fueled by these diverse applications.
๐๐๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.extrapolate.com/sample/Food-Beverage/lecithin-market/25952?utm_source=Akshay&utm_id=8022
The global lecithin market is predicted to rise steadily throughout the forecast period, due to rising consumer awareness of the need of eating a balanced diet that includes beneficial fats like lecithin. The increasing popularity of lecithin in the pharmaceutical industry and the medical benefits that come with lecithin consumption are expected to contribute in the expansion of the lecithin market.
Major companies in the global lecithin market are focusing on new product development, existing product portfolio expansion as well as regional expansion. Along with this, company Mergers, acquisitions, and joint ventures can provide assistance to key players in order to expand their global presence.
๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐:
โข ADM
โข Cargill, Incorporated.
โข Caldic B.V.
โข Bunge Loders Croklaan
โข Haneil Soyatech Pvt Ltd
โข GIIAVA.
โข Lipoid GmbH
โข Orison Chemicals Limited
โข Foodchem International Corporation
โข Wilmar International Ltd
โข LECICO GmbH
โข Imcopa Food Ingredients
โข Ruchi Soya Industries ltd.
โข Sun Nutrafoods
โข Clarkson Specialty Lecithins
The Global Lecithin Market is primarily segmented into Source, Grade, Application, and Region. Market segmentation on the basis of source is further categorized into Egg, Soy, Sunflower, and Others. The soy segment is expected to dominate the lecithin market due to its extensive utilization in manufacturing dairy products, ice creams, dietary supplements, infant formulas, bread, margarine, and other convenience foods.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.extrapolate.com/enquire/Food-Beverage/lecithin-market/25952?utm_source=Akshay&utm_id=8022
In addition to that, Lecithin extracted from sunflower seeds to observe a surge in demand owing to its growing utilization for manufacturing supplements with a wide range of benefits provided by the product. Furthermore, the lecithin market is categorized on the basis of application into Food and Beverage, Feed, Nutrition and Supplements, Pharmaceuticals and Other Applications.
๐๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐๐ข๐ญ๐ก๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง-
๐๐ฒ ๐๐จ๐ฎ๐ซ๐๐-
โข Egg
โข Soy
โข Sunflower
โข Others
๐๐ฒ ๐๐ซ๐๐๐-
โข Food Grade
โข Pharma Grade
โข Feed Grade
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง-
โข Food and Beverage
โข Feed
โข Nutrition and Supplements
โข Pharmaceuticals
โข Other Applications
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง-
โข North America- U.S., Mexico, Canada
โข Europe- UK, France, Germany, Italy, Spain, Rest of Europe
โข Asia-Pacific- China, Japan, India, South Korea, Rest of Asia Pacific
โข South America- Brazil, Argentina, Colombia, Rest of South America
โข The Middle East and Africa- GCC, South Africa, Rest of Middle East & Africa
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://www.extrapolate.com/Food-Beverage/lecithin-market/25952?utm_source=Akshay&utm_id=8022
๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐:
In September 2021, BIC Ingredients, a supplier of non-GM specialised lecithin and lecithin compounds, was acquired by AAK.
In March 2021, Lecico and Ciranda established North American distribution collaboration for lecithin and phospholipids with a focus on clean label food trends and local commercial and technical assistance.
In April 2021, Strenchemie announced the launching of soy lecithin dairy substitutes for the European market in February 2021. The FDA issued a GRAS no objection letter for the company's line of sunflower-based lecithin.
The Global Lecithin Market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
North America is predicted to be the fastest expanding region in the global lecithin market, owing to the increased number of health-conscious people in the region who are focused on include nutritional and healthy food products and components in their everyday food. In the approaching years, the lecithin industry is predicted to develop because to increased disposable income among Americans and Europeans. Consumers in the European region prefer the lecithin ingredient generated from sunflower seeds than soybean beans.
The Asia Pacific region is expected to grow significantly in the worldwide lecithin market over the forecast period, owing to an increased focus on lecithin research and development for increased use in pharmaceutical applications. People in Asia, particularly in China, South Korea, India, and Japan, are likely to spend more on healthcare and nutrition, propelling the lecithin market in the APAC region.
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