Lecithin Market Overview
Lecithin is type of substance which is obtained from many commercial sources like egg yolks, soybeans, sunflower etc. Lecithin has application in different industries which includes food and beverage, pharmaceutical and cosmetic industry. Lecithin is generally used because of its unique characteristics like smoothening textures of food, for dissolving powders, to repel the sticky material, for homogenizing mixtures in liquid and also it is used as an emulsifier and stabilizing agent. North America and Asia-Pacific region is the largest producer of lecithin in the world. Globally, organic and Non-GMO lecithin are in demand.
Lecithin Market: Market Segmentation
Market of lecithin is segmented on the basis of by types, form, grade and by application. On the basis of by types, it is segmented as unrefined lecithin, refined lecithin and chemically modified lecithin. Difference between unrefined or natural lecithin is that, unrefined lecithin is extracted from the oil seeds such as soybeans, sunflower etc. and refined lecithin is unified with phospholipids, alcohol etc. On the other side, chemically modified lecithin is modified through chemical treatments. Lecithin market is segmented on the basis of forms such as liquid and powder & granule. Liquid lecithin is used in majorly in bakery & confectionery & industrial applications. Whereas powder lecithin is used in instant dry mixes, beverage premixes, etc.
Lecithin market is segmented on the basis of grade such as food grade, feed grade and pharma grade. Pharma grade lecithin is used because of its functional, nutritional and therapeutic properties. Another segment is on the basis of application of lecithin which includes food and beverage, pharmaceutical industry, cosmetic, animal feed and for industrial purpose. Further the market of food and beverage is segmented into sub-segment. It is sub-segmented into bakery & confectionery, beverages, convenience foods, meat & seafood and dairy products.
Majority of the demand of lecithin is from the food and pharmaceutical industry as in food industry it is used as food additive because of its functional property of anti-spatter and emulsifier. On the other side, in pharmaceutical industry it is used as dispersing agent and also helps in encapsulation and also it has application in form of nutritional supplement. Lecithin also has demand as industrial element where it is used as a release agent, antisludge additive, emulsifier, spreading agent and for many other purposes. Plastic, textile, rubber and paint are some of the major industries where lecithin is used for industrial purpose. On analyzing the overall demand of lecithin in global level market, it is assessed that food industry accounts to majority of share in terms of value and volume followed by pharmaceutical industry and industrial purpose.
Lecithin Market: Growth Drivers
Major drivers which influence the demand of lecithin is from the food manufacturing industry as it is used as food additive and where it has usage in form of natural emulsifier, lubricant stabilizer, realizing agent and for many other purposes. On the other side, lecithin is also trending its demands from the pharmaceutical manufacturers as they use this product for treatments related to neurological conditions, liver and cholesterol effects and for cardiovascular diseases. Increasing health awareness among consumers has also leads to increase in demand of pharmaceutical as one of the product which is also used for preventive purpose as it helps in treatment of for diseases related to neurological disorder, liver, cholesterol level and also used as a therapeutic purpose.
Lecithin Market: Regional Outlook
On the basis of regional outlook, market of lecithin market is segmented in seven regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. As per production, major lecithin market producing regions are North America and Western Europe and also contributes majority of market share in the world. In terms of consumption North America and Western European countries are expected to be the largest consumer of lecithin in the world.
Lecithin Market: Players
Some of the major players which are operating the business in lecithin market are: Archer Daniels Midland Company, "Sodrugestvo" Group of Companies, Cargill Incorporated, Thew Arnott Group, AMERICAN LECITHIN COMPANY, Swanson Health Products, NOW Foods, Lipoid GmbH, Lucas Meyer GMBH, DuPont and Bunge Limited.
The Report covers exhaustive analysis on:
- Lecithin Market Segments
- Market Dynamics of Lecithin Market
- Historical Actual Market Size, 2013-2015
- Lecithin Market Size & Forecast 2016 to 2026
- Value Chain
- Lecithin Market Current Trends/Issues/Challenges
- Competition and Companies involved in Lecithin Market
- Lecithin Market Drivers and Restraints
Regional analysis for Lecithin Market includes:
- North America
- Latin America
- Rest of Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Rest of MEA
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- Detailed overview of Lecithin Market
- Changing market dynamics of the Lecithin Market industry
- In-depth market segmentation of Lecithin Market industry
- Historical, current and projected market size in terms of volume and value of Lecithin Market industry
- Recent industry trends and developments of Lecithin Market industry
- Competitive landscape of Lecithin Market industry
- Strategies of key players and product offerings in the Lecithin Market industry
- Potential and niche segments/regions exhibiting promising growth in Lecithin Market industry
- A neutral perspective towards market performance
- Must-have information for market players to sustain and enhance their market footprint
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The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)
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