De-Oiled Lecithin Market

De-oiled Lecithin Market - An Overview

The global de-oiled lecithin market is expected to witness strong growth during the forecast period between 2021 and 2031.

De-oiled lecithin is processed from crude lecithin and contains large amounts of phospholipids and is free of oil content.

The lack of oil content and increased amounts of phospholipids has made de-oiled lecithin suitable for production of healthy food products.

The absence of oil content in de-oiled lecithin has led to increased demand over traditional lecithin products and have witnessed demand in production of bakery, dairy products, beverages, and confectionery products.

COVID-19 pandemic led to increased demand for functional food products among consumers which led to surge in demand for de-oiled lecithin in production process which assisted in market growth during the pandemic phase.

It is anticipated that food products rich in de-oiled lecithin will witness high demand during the post-pandemic phase, too.

De-oiled Lecithin Market - Trends and Opportunities

Rising demand for organic and green products in leading economies globally is the key growth driver of de-oiled lecithin market.

Also, increasing customer trend regarding weight loss and calorie concern could fuel the demand for de-oiled lecithin and help create revenue-generating opportunities for prominent players in overall market, in the coming years.

In addition to this, rising demand in the production of healthy food products could augment the growth in global de-oiled lecithin market, in the years ahead.

Increasing demand for functional food products could stimulate the demand for de-oiled lecithin in production process and help create revenue-generating opportunities for leading players, in future.

Soy source segment is expected to emerge as largest revenue contributor to overall de-oiled lecithin market owing to increasing need to recover faster from illness, leading to surge in demand for soy-based products in leading economies globally.

Food product segment is anticipated to emerge as largest contributor, in terms of revenue, to overall market due to chemical characteristics that helps in binding two liquids that don't combine well together.

De-oiled Lecithin Market - Competitive Landscape

Competition in global de-oiled lecithin market is intense owing to prominent presence of numerous market players. Several of these players are expected to hold a large share in overall market, in the coming years.

New de-oiled lecithin launches could help leading market players in gaining a competitive edge over other players and generate new revenue streams.

In a bid to expand their presence in overall market and increase their revenue, well-established de-oiled lecithin market players could sign collaborative agreements with smaller players.

R&D undertakings could be key, revenue-generating growth strategy for well-established players, in the coming years.

Few leading players in global de-oiled lecithin market include Cargill, DowDuPont, Archer Daniels Midland, and Clarkson Grain Co.

De-oiled Lecithin Market - Regional Assessment

The global de-oiled lecithin market is classified into five regions, namely, North America, Asia Pacific, Europe, Middle East and Africa, and Latin America.

Asia Pacific is expected to emerge as the dominant region in global de-oiled lecithin market in future owing to increasing awareness among consumers about the benefits of eating healthy food products in countries such as India and China.

North America is anticipated to witness significant growth in overall market due to increasing demand from food and bakery industry in countries such as the U.S. and Canada.

Presence of numerous leading players in these countries could also contribute to de-oiled lecithin market growth, in future.

Europe is expected to witness strong growth in global market in the coming years because of increased investments in pharmaceutical industry in countries such as the U.K. and Germany.

Other regions of the world such as Latin America and Middle East and Africa are expected to witness moderate growth in global de-oiled lecithin market, in the years ahead.