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De-oiled Lecithin Market Key Players: Cargill, Incorporated, ADM, Bunge Limited, IMCD Group B.V, and Fismer Lecithin

04-14-2023 11:38 AM CET | Business, Economy, Finances, Banking & Insurance

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De-oiled Lecithin Market

De-oiled Lecithin Market

The de-oiled lecithin market is projected to grow from USD 220 Million in 2023 to USD 321 Million by 2028, at a CAGR of 7.8% during the forecast period. This market is anticipated to grow due to increasing demand for use of natural additives in food and beverage products, growing consumption of healthy diets with low-fat content and low calories, and rising surge in acceptance for sunflower de-oiled lecithin for its natural taste and smell. Such factors have driven the need to develop and deploy new products for de-oiled lecithin. De-oiled lecithin is a type of lecithin with almost no oil. It is basically known as an essentially ready nutraceutical with many nutritional benefits.

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The de-oiled lecithin market refers to the market for a natural emulsifier derived from soybean, sunflower, and other sources. De-oiled lecithin is produced by removing the oil from crude lecithin, which is a byproduct of the soybean oil refining process. It is used in a wide range of applications, including food and beverage, pharmaceuticals, and personal care products.

De-oiled lecithin is a natural and sustainable alternative to synthetic emulsifiers, which are often derived from petrochemicals. It has a range of functional properties, including emulsification, dispersibility, and surface-active properties.

The global de-oiled lecithin market is driven by factors such as the increasing demand for natural and sustainable ingredients in food and beverage products, the growing trend towards clean label products, and the rising awareness about the health benefits of de-oiled lecithin. Additionally, the increasing demand for natural emulsifiers in the personal care and pharmaceutical industries is also expected to drive market growth.

Prominent companies include Cargill, Incorporated (US), ADM (US), Bunge Limited (US), IMCD Group B.V. (US), and Fismer Lecithin (Germany), among others. The market is highly competitive, with players competing on the basis of product quality, innovation, and cost-effectiveness.

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The de-oiled lecithin market is expected to continue to grow in the coming years, driven by factors such as the increasing demand for natural and sustainable ingredients in food and beverage products and the growing trend towards clean label products. Additionally, the rising awareness about the health benefits of de-oiled lecithin and the increasing demand for natural emulsifiers in the personal care and pharmaceutical industries are expected to further drive market growth.

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