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Lecithin Market Is Expected to Exhibit Significant Growth Over 2031 / Archer Daniels Midland Co., Lipoid GmbH, DuPont de Nemours Inc., Cargill Inc., and the Wilmar Group.

04-26-2024 11:15 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Lecithin Market Is Expected to Exhibit Significant Growth Over

The global lecithin market is anticipated to grow at a significant CAGR of 5.7% during the forecast period.  The prominent factor that drives the market growth includes the increasing demand for a large range of cosmetics products, as lecithin is loaded with antioxidants and exhibits soothing properties.  Moreover, the rising concern towards a healthy lifestyle and increasing demand for nutrient enrich food and beverages may stimulate the global lecithin industry growth. Lecithin is highly composed of phospholipids which are sourced from oilseeds, which include sunflower, rapeseed, and soy. The blending property of lecithin is driving its demand in the food and beverages, pharmaceuticals, and cosmetics industry. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including geographical expansion, partnerships, mergers and acquisitions, geographical expansion, and new product launches to remain competitive in the marketplace.

Recent Strategic Initiatives

In February 2021, Sternchemie launched soy alternatives with new lecithin solutions, to address the growing demand for transparency and quality expectation among the consumers for lecithin solutions. The company is expanding its range of lecithin products, as they are broadly used in various applications such as chocolate, bakery, and other products. 
August 2021- Thew Arnott has opened a lecithin blending site in Monticello, ILL. With this expansion, the company focuses on providing dairy, feed, and confectionery products in US and Canada. Moreover, the new plant processed standard, non-GMO, and non-allergen varieties of the emulsifiers.

To Request a Sample of our Report on Lecithin Market:  https://www.omrglobal.com/request-sample/lecithin-market

Market Coverage

The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Source 
By Type
By Application
By Distribution Channel 

Regions Covered- 

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Archer Daniels Midland Co., Lipoid GmbH, DuPont de Nemours Inc., Cargill Inc., and the Wilmar Group.

A full Report of Lecithin Market is Available @  https://www.omrglobal.com/industry-reports/lecithin-market

Lecithin Market Report by Segment

By Source 

Aluminum Soya
Rapeseed/ Canola 
Sunflower
Egg Yolks 

By Type

Thaimine(B1)
Riboflavin(B2)
Niacin(B3)
Pantothenic(B5)
Pyridoxine(B6)
Biotin
Folic Acid 
Cobalamins (B12)

By Application

Pharmaceuticals
Cosmetics
Food and Beverage  
Animal Feed 

By Distribution Channel

Online
Offline

 Lecithin Market Report by Region 

North America 

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

American Lecithin Co. 
Anhui ZC Lecithin Sci-Tech Co., Ltd.Zc Lecithin
Giiava
Lasenor Emul, S.L.
Lecico Gmbh 
Now Health Group Inc.
Soya International 
Spectrum Chemical 
Sternchemie Gmbh & Co. Kg
Thew Arnott
Vav Life Sciences

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/lecithin-market

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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