De-oiled Lecithin Market Trends and Forecasts: A Comprehensive Overview for 2024 and Beyond

De-oiled Lecithin Market by Source (Soybean, Sunflower, Rapeseed & Canola, Eggs), Nature (Non-GMO and GMO), Form (Powder and Granules), Application (Food & Beverages, Feed, Industrial and Healthcare Products) and Region - Global Forecast to 2028
The global de-oiled lecithin market [https://www.prnewswire.com/news-releases/de-oiled-lecithin-market-worth-321-million-by-2028--exclusive-report-by-marketsandmarkets-301782994.html] is estimated at USD 220 million in 2023 and is projected to reach USD 321 million by 2028, at a CAGR of 7.8% from 2023 to 2028. Rising consumer awareness of the health benefits of clean-label products and beverages will also contribute to market growth. The increasing use of de-oiled lecithin in a variety of industries, including packaged foods, pharmaceuticals, baked goods, dairy, meat, convenience food, frozen desserts, margarine, and cosmetics, will also drive market growth.

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De-oiled Lecithin Market Trends [https://www.whatech.com/og/markets-research/food-beverage/897094-the-growing-de-oiled-lecithin-market-a-shift-towards-natural-ingredients-and-clean-label-products.html]

The De-oiled Lecithin market has been experiencing significant growth due to several key trends:

Rising Demand in Food & Beverages: De-oiled lecithin is widely used as an emulsifier, stabilizer, and dispersing agent in processed foods, bakery products, beverages, and dietary supplements. The growing trend toward healthier food choices and clean-label products is driving the demand for natural emulsifiers like lecithin.

Health & Wellness Focus: Lecithin is recognized for its health benefits, including improving cholesterol levels, enhancing brain function, and promoting liver health. This has led to an increase in its use in dietary supplements, functional foods, and health-oriented beverages.

Increased Use in Animal Feed: The growing demand for high-quality animal feed has also contributed to the market growth. De-oiled lecithin is used as an ingredient in animal nutrition due to its high nutritional value, including essential fatty acids and phospholipids, which support animal growth and health.

Demand for Non-GMO Products: With increasing consumer preference for non-GMO and organic products, non-GMO de-oiled lecithin is becoming more popular. This trend aligns with the global movement toward natural and sustainably sourced ingredients.

Sustainability and Clean Label Products: The push for clean label products and sustainability in food production is driving the shift toward natural emulsifiers like lecithin, which are biodegradable and considered more eco-friendly compared to synthetic alternatives.

Expanding Application in Pharmaceuticals and Cosmetics: De-oiled lecithin is used in pharmaceuticals for drug delivery systems due to its ability to enhance the bioavailability of active ingredients. Additionally, it is gaining popularity in cosmetic products as a moisturizer and emulsifier.

Technological Advancements in Extraction: Advances in lecithin extraction technologies are enhancing the quality and efficiency of de-oiled lecithin production, thereby lowering costs and increasing its availability across various industries.

Global Supply Chain Expansion: Increased production in regions like Asia-Pacific, particularly in countries like China and India, has contributed to the global supply of de-oiled lecithin. The growing food and agriculture industries in these regions are key drivers.

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Soybean Segment Dominates the De-Oiled Lecithin Market by Source

The soybean segment is expected to hold the largest market share in the de-oiled lecithin market. Soybean, a legume native to East Asia, has become a leading source for lecithin production. According to the USDA, China was the largest producer of soybean oil in 2021/2022, with a production volume of approximately 15.68 million metric tons.

Soy lecithin serves multiple purposes, including acting as an emulsifier and lubricant. It also provides antioxidant properties and helps preserve food flavors. The widespread availability of soybeans makes them a preferred choice for de-oiled lecithin manufacturers. Moreover, the extraction process for soy-based lecithin is more cost-effective compared to other sources, further boosting its appeal.

De-oiled soybean lecithin is also gaining traction in the personal care and pharmaceutical sectors. The growth of these industries is anticipated to further drive the development and demand for soybean-based de-oiled lecithin.

Powder Form to Witness the Highest Growth Rate by Form

The powder form of de-oiled lecithin is projected to achieve the highest compound annual growth rate (CAGR) during the forecast period. This form offers several advantages over liquid lecithin, including easier handling, transportation, and a longer shelf life. Unlike liquid lecithin, which can spoil without proper storage, the powder form minimizes the risk of product wastage.

Powdered de-oiled lecithin is also highly versatile, making it suitable for dry mixtures such as bakery mixes without affecting the final product's texture or moisture content. These qualities make it ideal for various applications, including food, feed, and industrial products, further driving its market growth.

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Food & Beverages Segment Leads in Application

By application, the food & beverages segment is anticipated to dominate the de-oiled lecithin market. The product's natural preservative properties help extend the shelf life of baked goods and retain their moisture, enhancing freshness. Additionally, it protects food flavors and contains antioxidants, making it a valuable ingredient in the food industry.

De-oiled lecithin is widely used as an emulsifier in packaged foods and has become essential for improving the consistency, flavor, shelf life, and texture of vegan products. The growing demand for de-oiled lecithin in the food sector is a significant factor contributing to the segment's growth.

Asia Pacific Emerges as the Largest Contributor to the De-Oiled Lecithin Market

The Asia Pacific region is projected to hold the largest share of the de-oiled lecithin market in 2023. Countries like India, China, and Japan dominate this market due to their robust agricultural sectors, which supply key raw materials like soybean and sunflower for lecithin production.

According to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), agriculture and food processing contributed over a quarter of the GDP in the region's developing economies in 2020. Additionally, livestock farming is widespread, providing a steady demand for feed, which includes lecithin as a key ingredient.

The 11th annual Alltech feed survey reported that global feed production rose by 2.3% in 2021, with Asia Pacific's feed production increasing from 43.201 MMT in 2020 to 44.221 MMT in 2021. Moreover, the region's low labor costs and favorable business environments make lecithin extraction a cost-effective process, attracting significant investments from global market players.

Leading De-oiled Lecithin Manufacturers [https://www.marketsandmarkets.com/ResearchInsight/de-oiled-lecithin-market.asp]

The key players in this include Cargill, Incorporated (US), ADM (US), Stern-Wywiol Gruppe (Germany), IMCD Group B.V. (US), Bunge (US), Sonic Biochem (India), Avril Group (France), American Lecithin Company (US), VAV Life Sciences Pvt. Ltd (India). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Cargill, Incorporated

Cargill, Incorporated is a global conglomerate catering to the demand in various industries. The company operates through the following business segments: Agriculture, Animal Nutrition, Beauty, Bioindustries, Foodservice, Food & Beverage, Industrial, Pharmaceutical, Meat & Poultry, Risk Management, Supplements, and Transportation. Cargill provides de-oiled lecithin through its food & beverage ingredients category. The company offers three plant-based lecithin options: soy, sunflower, and canola. Its products find application in bakery products; confectionery products; beverages; convenience food such as instant mixes, soups, and sauces; dairy products, and meat & fish. The company operates in around 70 countries. It has an additional sales presence in nearly 125 countries across North America, Latin America, Asia Pacific, Europe, the Middle East, and Africa. Some of the subsidiaries of the company include Cargill Meat Solutions (US), Cargill Asia Pacific Holdings Pte Limited (Singapore), Cargill RSA (Pty) Limited (South Africa), Cargill Espana SA (Spain), Cargill Nordic A/S (Sweden), Provimi (Netherlands), and NatureWorks (US).

ADM

ADM is a well-established manufacturer of food & beverage ingredients, animal feed & feed ingredients, biofuels, and naturally derived alternatives to industrial chemicals. The company operates through four major segments: Ag services and oilseeds, carbohydrate solutions, nutrition, and others. The company provides de-oiled lecithin under its Nutrition category. It offers a broad portfolio that includes fluid lecithin, de-oiled lecithin, and non-GMO soy lecithin that have a wide variety of applications such as baked goods, confectionery goods, dairy products, beverages, snack foods, instant foods, human nutrition products, animal nutrition products, and releasing agents. Its de-oiled lecithin products are available under its industry-leading brands: Ultralec. ADM has a global presence across North America, South America, Europe, Asia, Australia, and Africa. It commands a robust global supply chain network that ensures consistency in quality, supported by 450 crop procurement locations, more than 330 food and feed ingredient manufacturing facilities, 62 innovation centers, and a supreme crop transportation network. It operates through subsidiaries such as the Golden Peanut Company LLC (US), ADM Milling (US), ADM do Brasil Ltda (Brazil), Wild Flavors, Inc. (US), and ADM Hamburg AG (Germany).

Bunge Limited

Bunge provides integrated operations in the agribusiness and food segments globally. The company is involved in the crushing and processing of oilseeds and grains such as wheat, corn, and sugarcane for food processors, bakeries, breweries, and other commercial customers. The company operates in various business segments such as agricultural commodity products, Refined and Specialty oil products, wheat milling products, corn milling products, sugar & bioenergy products, and other products. It offers de-oiled lecithin under Refined and Specialty oil products. It is one of the largest manufacturers of lecithin globally. The company provides lecithin sourced from soy, sunflower, and rapeseed. These products find application in the food, pharmaceuticals, and cosmetics industries. The company has subsidiaries in almost 40 countries in the Asia Pacific, Africa & the Middle Eastern, European, Caribbean, Central American, North American, and South American regions.

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