According to the report by the publisher, the global lecithin market attained a value of USD 825.05 million in 2022. Aided by the growing food and beverage industry, the market is projected to further grow at a CAGR of 6.8% between 2023 and 2028 to reach a value of USD 1042.42 million by 2028.
Lecithin is a group of phospholipids that is found in both animal and plant tissues and is considered essential for proper biological functioning of the body. It is also used to treat diseases such as Alzheimer and dementia, and gallbladder conditions, among others. It is widely used in food industry due to its viscous nature, both in liquid as well as semi-liquid products. Moreover, it also finds its application in personal care items and other industries such as pharmaceuticals and cosmetics, among others.
In the food industry, lecithin is gaining popularity owing to the health benefits associated with it, such as improving the health of the heart, enhancing digestion, lowering cholesterol, helping fight dementia, and reducing other health risks and complications. Milk duct clogging is a common issue that is faced by breast feeding women and can be prevented by the intake of lecithin supplements. Properties of lecithin such as flavour protector, emulsifier, and antioxidant have further enhanced their use in food preparation, cosmetics, and pharmaceuticals, driving the growth of the lecithin market.
Rising prevalence of allergies is increasing the demand for hypoallergenic foods, thereby helping in the growth of the global lecithin market. Lecithin is commonly used to improve the taste and quality of hypoallergenic foods, helping attract more consumers towards hypoallergenic food products. Furthermore, lecithin is known as a minimally processed and natural ingredient due to which it meets the increasing preference for clean label products by consumers from all across the globe. Lecithin is found in various forms such as liquid, powder, and granules, and used in powdered form to manufacture candy, butter, and other similar products, rather than in liquid form.
Lecithin that is obtained from plants is commonly used for pharmaceutical applications. It acts as an emulsifier, wetting agent, revitalising agent, mould release agent, and dispersant in various medicines and thereafter offer several benefits such as increasing bioavailability and skin penetration of medications, which is further supporting the growth of the lecithin market.
Lecithin is a group of phospholipids that is found in both animal and plant tissues and is considered essential for proper biological functioning of the body. It is also used to treat diseases such as Alzheimer and dementia, and gallbladder conditions, among others. It is widely used in food industry due to its viscous nature, both in liquid as well as semi-liquid products. Moreover, it also finds its application in personal care items and other industries such as pharmaceuticals and cosmetics, among others.
In the food industry, lecithin is gaining popularity owing to the health benefits associated with it, such as improving the health of the heart, enhancing digestion, lowering cholesterol, helping fight dementia, and reducing other health risks and complications. Milk duct clogging is a common issue that is faced by breast feeding women and can be prevented by the intake of lecithin supplements. Properties of lecithin such as flavour protector, emulsifier, and antioxidant have further enhanced their use in food preparation, cosmetics, and pharmaceuticals, driving the growth of the lecithin market.
Rising prevalence of allergies is increasing the demand for hypoallergenic foods, thereby helping in the growth of the global lecithin market. Lecithin is commonly used to improve the taste and quality of hypoallergenic foods, helping attract more consumers towards hypoallergenic food products. Furthermore, lecithin is known as a minimally processed and natural ingredient due to which it meets the increasing preference for clean label products by consumers from all across the globe. Lecithin is found in various forms such as liquid, powder, and granules, and used in powdered form to manufacture candy, butter, and other similar products, rather than in liquid form.
Lecithin that is obtained from plants is commonly used for pharmaceutical applications. It acts as an emulsifier, wetting agent, revitalising agent, mould release agent, and dispersant in various medicines and thereafter offer several benefits such as increasing bioavailability and skin penetration of medications, which is further supporting the growth of the lecithin market.
Market Segmentation
The market can be divided on the basis of source, form, end use, and region.Market Breakup by Source
- Soy
- Sunflower
- Rapeseed
- Others
Market Segmentation by Form
- Liquid
- Powder
- Granules
Market Segmentation by End Use
- Food and Beverages
- Animal Feed
- Pharmaceuticals
- Personal Care and Cosmetics
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
This report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the lecithin companies. Some of the major key players explored in the report by the publisher are as follows:- Archer Daniels Midland Company
- Bunge Limited
- Cargill, Incorporated
- Caldic B.V
- Lecithin GmbH
- Lecilite Ingredients Pvt Ltd
- Lipoid GmbH
- Sternchemie GmbH & Co. KG
- Others
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Lecithin Market Analysis
8.1 Key Industry Highlights
8.2 Global Lecithin Historical Market (2018-2022)
8.3 Global Lecithin Market Forecast (2023-2028)
8.4 Global Lecithin Market by Source
8.4.1 Soy
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Sunflower
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Rapeseed
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Lecithin Market by Form
8.5.1 Liquid
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Powder
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Granules
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global Lecithin Market by End Use
8.6.1 Food and Beverages
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Animal Feed
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Pharmaceuticals
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Personal Care And Cosmetics
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Others
8.7 Global Lecithin Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code- 292320)
16.1 Major Exporting Countries
16.1.1 By Value
16.2 Major Importing Countries
16.2.1 By Value
17 Price Analysis
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Archer Daniels Midland Company
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Bunge Limited
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Cargill, Incorporated
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Caldic B.V.
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Fismer Lecithin GmbH
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Lecilite Ingredients Pvt Ltd
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Lipoid GmbH
18.2.7.1 Company Overview
18.2.7.2 Product Portfolio
18.2.7.3 Demographic Reach and Achievements
18.2.7.4 Certifications
18.2.8 Sternchemie GmbH & Co. KG
18.2.8.1 Company Overview
18.2.8.2 Product Portfolio
18.2.8.3 Demographic Reach and Achievements
18.2.8.4 Certifications
18.2.9 Others
19 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2. Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
Companies Mentioned
- Archer Daniels Midland Company
- Bunge Limited
- Cargill, Incorporated
- Caldic B.V.
- Lecithin GmbH
- Lecilite Ingredients Pvt Ltd
- Lipoid GmbH
- Sternchemie GmbH & Co. KG
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 140 |
| Published | March 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 751.33 Million |
| Forecasted Market Value ( USD | $ 1042.42 Million |
| Compound Annual Growth Rate | 6.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 8 |
