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Lecithin Market Analysis By Industry Size, Share, Revenue Growth Demand and Forecast - 2031

12-31-2024 03:38 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Lecithin Market

Lecithin Market

The global lecithin market is anticipated to grow at a significant CAGR of 5.7% during the forecast period (2024-2031). 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.

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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.

Full report of Lecithin Market available @ https://www.omrglobal.com/industry-reports/lecithin-market

Market Coverage

Segment Covered-
o By Source

o By Type

o By Application

o By Distribution Channel

Regions Covered-
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Archer Daniels Midland Co., Lipoid GmbH, DuPont de Nemours Inc., Cargill Inc., and the Wilmar Group.

Key questions addressed by the report

What is the market growth rate?
Which segment/region dominates the market in the base year?
Which segment/region will project the fastest growth in the market?
How has COVID-19 impacted the market?
o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected region/segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global 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

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. 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

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

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 offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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