The global lecithin market size was US$ 980 million in 2021. The global lecithin market size is forecast to reach US$ 1,753 million by 2030, growing at a compound annual growth rate (CAGR) of 6.9% during the forecast period from 2022 to 2030.
Living things need the vital fat-based substance known as lecithin. It can be found in many food items, such as soy and rapeseed. Lecithin, the main dietary source of choline, is primarily comprised of a molecule related to the B vitamins. Acetylcholine, a chemical that conducts nerve stimulants, is created using lecithin. Lecithin aids in moving lipids and cholesterol out of the liver and into tissues for storage or utilization. It is also used in the production of medicines and as a treatment because of its many health advantages. Since it improves liver and cell performance, healthy reproductive and early childhood development, lipid transport and metabolism, and gallstone treatment, lecithin is a prominent ingredient in many innovative products.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic had a negative impact on the market. Several governments worldwide imposed a lockdown in order to curb the virus from spreading. This led to the closure of manufacturing facilities. The widespread distribution of the coronavirus throughout the areas has resulted in decreased demand across a number of end-use industries, which has a negative influence on the demand for raw materials like various forms of lecithin, including soy and sunflower.
Regional Analysis
The Asia Pacific region is forecast to have considerable growth during the forecast period. As a result of the rising demand for natural ingredients grows and develops in the number of food platforms and food service locations. In addition, the growing obesity rates and increasing attention to food nutrition. Additionally, a surge in the demand for personal care products and cosmetics and China's thriving aquaculture industry boost the market growth in the region.
Leading Competitors
The leading prominent companies profiled in the global lecithin market are:
Scope of the Report
The global lecithin market segmentation focuses on Source, Application, Form, and Region.
Segmentation based on Source
Segmentation based on Application
Segmentation based on Form
Segmentation based on Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL LECITHIN MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL LECITHIN MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
5 GLOBAL LECITHIN MARKET, BY SOURCE
5.1 OVERVIEW
5.2 SOY
5.3 RAPESEED
5.4 SUNFLOWER
5.5 OTHERS
6 GLOBAL LECITHIN MARKET, BY APPLICATION
6.1 OVERVIEW
6.2 FOOD & BEVERAGES
6.3 ANIMAL FEED
6.4 PHARMACEUTICAL
6.5 COSMETICS
6.6 INDUSTRIAL
7 GLOBAL LECITHIN MARKET, BY FORM
7.1 OVERVIEW
7.2 LIQUID
7.3 POWDER
7.4 GRANULES
8 GLOBAL LECITHIN MARKET, BY GEOGRAPHY
8.1 OVERVIEW
8.2 NORTH AMERICA
8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO
8.3 EUROPE
8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 WESTERN EUROPE
8.3.2.1 THE UK
8.3.2.2 GERMANY
8.3.2.3 FRANCE
8.3.2.4 ITALY
8.3.2.5 SPAIN
8.3.2.6 REST OF WESTERN EUROPE
8.3.3 EASTERN EUROPE
8.3.3. 1 POLAND
8.3.3.2 RUSSIA
8.3.3.3 REST OF EASTERN EUROPE
8.4 ASIA PACIFIC
8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 ASEAN
8.4.7 REST OF ASIA PACIFIC
8.5 MIDDLE EAST & AFRICA
8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 SAUDI ARABIA
8.5.4 SOUTH AFRICA
8.5.5 REST OF MEA
8.6 SOUTH AMERICA
8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 BRAZIL
8.6.3 ARGENTINA
8.6.4 REST OF SOUTH AMERICA
9 GLOBAL LECITHIN MARKET COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING
9.3 KEY DEVELOPMENT STRATEGIES
10 COMPANY PROFILES
10.1 CARGILL
10.1.1 OVERVIEW
10.1.2 FINANCIAL PERFORMANCE
10.1.3 PRODUCT OUTLOOK
10.1.4 KEY DEVELOPMENTS
10.2 ARCHER DANIELS MIDLAND
10.2.1 OVERVIEW
10.2.2 FINANCIAL PERFORMANCE
10.2.3 PRODUCT OUTLOOK
10.2.4 KEY DEVELOPMENTS
10.3 LIPOID GMBH
10.3.1 OVERVIEW
10.3.2 FINANCIAL PERFORMANCE
10.3.3 PRODUCT OUTLOOK
10.3.4 KEY DEVELOPMENTS
10.4 AMERICAN LECITHIN COMPANY
10.4.1 OVERVIEW
10.4.2 FINANCIAL PERFORMANCE
10.4.3 PRODUCT OUTLOOK
10.4.4 KEY DEVELOPMENTS
10.5 BUNGE
10.5.1 OVERVIEW
10.5.2 FINANCIAL PERFORMANCE
10.5.3 PRODUCT OUTLOOK
10.5.4 KEY DEVELOPMENTS
10.6 DUPONT
10.6.1 OVERVIEW
10.6.2 FINANCIAL PERFORMANCE
10.6.3 PRODUCT OUTLOOK
10.6.4 KEY DEVELOPMENTS
10.7 SOYA INTERNATIONAL
10.7.1 OVERVIEW
10.7.2 FINANCIAL PERFORMANCE
10.7.3 PRODUCT OUTLOOK
10.7.4 KEY DEVELOPMENTS
10.8 GLOBAL RIVER FOOD INGREDIENTS
10.8.1 OVERVIEW
10.8.2 FINANCIAL PERFORMANCE
10.8.3 PRODUCT OUTLOOK
10.8.4 KEY DEVELOPMENTS
10.9 STERN-WYWIOL GRUPPE PVT. LIMITED
10.9.1 OVERVIEW
10.9.2 FINANCIAL PERFORMANCE
10.9.3 PRODUCT OUTLOOK
10.9.4 KEY DEVELOPMENTS
10.10 STERNCHEMIE GMBH & CO. KG.
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS
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