Global Lecithin Market Size, Share, Trends, Industry Growth by Source (Soy, Sunflower, Rapeseed, Others), by Form (Liquid, Powder, Granules), by End-Use, by Region, and Forecast to 2028

Report ID: RC3912 | Report Format: PDF + Excel | Starting Price: 3600/- USD | Last Updated: June 27th, 2023

The global lecithin market size is expected to experience a significant CAGR of over 7% during the forecast period 2022 to 2028. The increasing demand for the product in various food applications due to its various properties such as wetting agent, emulsifier, and viscosity reducing agent is a major factor to drive the market growth. Furthermore, the growing application of lecithin in instant food, ready-to-eat food, and baked food are further anticipated to fuel the market growth. Moreover, the increasing demand for lecithin in the pharmaceutical sector due to its medical benefits such as lower cholesterol, better cell functioning, and improved liver condition is expected to increase its demand in the next upcoming years.

Market Drivers:

Functional Properties and Versatility: Lecithin is a natural emulsifier and stabilizer widely used in various industries, including food and beverage, pharmaceuticals, cosmetics, and animal feed. Its functional properties, such as emulsification, dispersion, and solubilization, make it a valuable ingredient for product formulation and processing. The versatility of lecithin drives its demand across multiple industries.

Growing Demand for Natural and Clean Label Ingredients: Consumers are increasingly seeking natural and clean label ingredients in their food and personal care products. Lecithin, derived from natural sources such as soybeans, sunflower seeds, and eggs, aligns with this trend. It is considered a natural ingredient and is preferred over synthetic emulsifiers and additives. The rising demand for natural and clean label products drives the growth of the lecithin market.

Health Benefits and Nutritional Profile: Lecithin offers various health benefits and has a favorable nutritional profile. It contains essential phospholipids, including phosphatidylcholine, which plays a crucial role in cell structure and function. Lecithin is known for its potential positive effects on brain health, liver health, and cholesterol management. The increasing consumer awareness of these health benefits contributes to the demand for lecithin.

Functional Food and Nutraceutical Applications: Lecithin finds extensive use in the formulation of functional foods and nutraceuticals. It is added to various products, including dietary supplements, infant formulas, sports nutrition, and functional beverages. Lecithin enhances the stability, texture, and shelf life of these products, and its nutritional properties make it a valuable ingredient in functional food formulations. The growing demand for functional foods and nutraceuticals drives the demand for lecithin.

Industrial Applications: Lecithin has industrial applications beyond the food and pharmaceutical sectors. It is used in industries such as paints and coatings, personal care products, and animal feed. In the paints and coatings industry, lecithin acts as a dispersing agent, improving pigment dispersion and preventing settling. In personal care products, lecithin functions as an emulsifier, moisturizer, and skin conditioning agent. The diverse industrial applications of lecithin contribute to its market growth.

Technological Advancements in Extraction and Processing: Technological advancements in lecithin extraction and processing techniques have improved the efficiency and quality of lecithin production. Advanced extraction methods, such as solvent-free and enzymatic extraction, preserve the nutritional value and functional properties of lecithin. These advancements enhance the production capacity and expand the application potential of lecithin, driving market growth.

International Trade and Globalization: Lecithin is traded globally, with manufacturers and suppliers catering to the demand from various regions. International trade and globalization facilitate the availability of lecithin in different markets, supporting its market growth. The increasing cross-border trade and export opportunities contribute to the expansion of the lecithin market.

Regulatory Approvals and Safety Standards: Regulatory approvals and adherence to safety standards are essential for the use of lecithin in food, pharmaceutical, and personal care applications. Lecithin manufacturers comply with regulations related to quality, purity, and labeling to ensure consumer safety. Meeting regulatory requirements and safety standards enhances market acceptance and drives the growth of the lecithin market.

Market Snapshot:

Benchmark Year 2022
Market Size lock
Market Growth (CAGR) > 7% (2023-2030)
Largest Market Share Europe
Analysis Period 2020-2030
Market Players Archer Daniels Midland Company, Cargill, Inc., Caldic Canada Inc., Bunge Limited, and Haneil Soyatech Pvt Ltd.

Market Insights:

The global lecithin market is bifurcated into source, form, end-use, and geography. On the basis of source, the market is further segmented into soy, sunflower, rapeseed, and others. The soy segment dominated the global market in 2021 and estimated to hold the largest revenue share of over three-fourth of the market by the end of the analysis period. The growing food industry in various regions is a primary factor to drive the segment growth. Furthermore, the growing use of soy-based lecithin in various applications such as dietary supplements, diary food, ice creams, infant formula, and other conventional food is expected to fuel the segment growth over the forecast period.

On the basis of end-use, the market is segmented into Dietary Supplements & Pharmaceuticals, Bakery & Confectionery, Dairy Products, Infant & Dietetic Food Products, and others. The Dietary Supplements & Pharmaceuticals segment dominated the global market in 2021 and is estimated to hold a significant market share of over one-fourth market share by the end of the analysis period. The rising shift among consumers towards a healthy lifestyle is expected to increase the consumption of dietary supplements which is expected to drive the segment growth. Furthermore, the increasing demand for natural food ingredients is further anticipated to fuel the segment growth over the forecast period.

On the flip side, the animal feed segment is accounted to hold the second-largest share of the global market in 2021. The growing meat consumption around the world coupled with the growing population is expected to increase the demand for animal feed which is estimated to drive the segment growth. Moreover, the growing animal husbandry industry is further anticipated to fuel the segment growth over the forecast period.

Lecithin Market Forecast

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The lecithin comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2022 to 2028. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The lecithin market research report presents the analysis of each segment from 2019 to 2028 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2019-20 – Historical Year
  • 2021 – Base Year
  • 2022-2028 – Forecast Period

Market Segmentation:

By Source:

  • Soy
  • Sunflower
  • Rapeseed
  • Others

By Form:

  • Liquid
  • Powder
  • Granules

By End-Use:

  • Dietary Supplements & Pharmaceuticals
  • Bakery & Confectionery
  • Dairy Products
  • Infant & Dietetic Food Products
  • Meat & Poultry Items
  • Instant Foods
  • Cosmetics Industry
  • Animal Feed
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regional Analysis:

Geographically, Europe dominated the global lecithin market in 2021 and estimated to hold a significant market share of around one-third of the market by the end of the analysis period. The growing consumption of nutritional supplements and healthy food are some major factors to drive the market growth in the region. Furthermore, the availability of raw materials, growing consumption of bakery and confectionery products, and the rising health awareness are further anticipated to fuel the market in Europe over the forecast period. On the flip side, the Asia Pacific is expected to grow at a significant CAGR over the forecast period due to the increasing demand for healthy and low-calorie food.

Competitive Assessment:

Some of the significant market players operating in the global lecithin market are Archer Daniels Midland Company, Cargill, Inc., Caldic Canada Inc., Bunge Limited, and Haneil Soyatech Pvt Ltd. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

  • Archer Daniels Midland Company
  • Cargill, Inc.
  • Caldic Canada Inc.
  • Bunge Limited
  • Haneil Soyatech Pvt Ltd.
  • GIIAVA (India) Pvt Ltd.
  • Lipoid GmbH
  • Orison Chemicals Limited
  • Foodchem International Corporation
  • Wilmar International Limited

Key Questions Answered by Lecithin Market Report

  • Global lecithin market forecasts from 2022-2028
  • Regional market forecasts from 2022-2028 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2022-2028 covering 15 major countries from the regions as mentioned above
  • Lecithin submarket forecasts from 2022-2028 covering the market by source, by form, by end-use, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level lecithin markets from 2022-2028
  • Competitive Landscape and market positioning of top 10 players operating in the market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Lecithin Market Portraiture
2.2. Global Lecithin Market, by Source, 2021 (USD Mn)
2.3. Global Lecithin Market, by Form, 2021 (USD Mn)
2.4. Global Lecithin Market, by End-Use, 2021 (USD Mn)
2.5. Global Lecithin Market, by Geography, 2021 (USD Mn)

 

3. Global Lecithin Market Analysis


3.1. Lecithin Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global Lecithin Market By Source, 2019 – 2028 (USD Mn)


4.1. Overview
4.2. Soy
4.3. Sunflower
4.4. Rapeseed
4.5. Others

 

5. Global Lecithin Market By Form, 2019 – 2028 (USD Mn)


5.1. Overview
5.2. Liquid
5.3. Powder
5.4. Granules

 

6. Global Lecithin Market By End-Use, 2019 – 2028 (USD Mn)


6.1. Overview
6.2. Dietary Supplements & Pharmaceuticals
6.3. Bakery & Confectionery
6.4. Dairy Products
6.5. Infant & Dietetic Food Products
6.6. Meat & Poultry Items
6.7. Instant Foods
6.8. Other Processed Foods
6.9. Cosmetics Industry
6.10. Animal Feed

 

7. North America Lecithin Market Analysis and Forecast, 2019 – 2028 (USD Mn)


7.1. Overview
7.2. North America Lecithin Market by Source, (2019-2028 USD Mn)
7.3. North America Lecithin Market by Form, (2019-2028 USD Mn)
7.4. North America Lecithin Market by End-Use, (2019-2028 USD Mn)
7.5. North America Lecithin Market by Country, (2019-2028 USD Mn)
7.5.1. U.S.
7.5.1.1. U.S. Lecithin Market by Source, (2019-2028 USD Mn)
7.5.1.2. U.S. Lecithin Market by Form, (2019-2028 USD Mn)
7.5.1.3. U.S. Lecithin Market by End-Use, (2019-2028 USD Mn)
7.5.2. Canada
7.5.2.1. Canada Lecithin Market by Source, (2019-2028 USD Mn)
7.5.2.2. Canada Lecithin Market by Form, (2019-2028 USD Mn)
7.5.2.3. Canada Lecithin Market by End-Use, (2019-2028 USD Mn)

 

8. Europe Lecithin Market Analysis and Forecast, 2019 – 2028 (USD Mn)


8.1. Overview
8.2. Europe Lecithin Market by Source, (2019-2028 USD Mn)
8.3. Europe Lecithin Market by Form, (2019-2028 USD Mn)
8.4. Europe Lecithin Market by End-Use, (2019-2028 USD Mn)
8.5. Europe Lecithin Market by Country, (2019-2028 USD Mn)
8.5.1. Germany
8.5.1.1. Germany Lecithin Market by Source, (2019-2028 USD Mn)
8.5.1.2. Germany Lecithin Market by Form, (2019-2028 USD Mn)
8.5.1.3. Germany Lecithin Market by End-Use, (2019-2028 USD Mn)
8.5.2. U.K.
8.5.2.1. U.K. Lecithin Market by Source, (2019-2028 USD Mn)
8.5.2.2. U.K. Lecithin Market by Form, (2019-2028 USD Mn)
8.5.2.3. U.K. Lecithin Market by End-Use, (2019-2028 USD Mn)
8.5.3. France
8.5.3.1. France Lecithin Market by Source, (2019-2028 USD Mn)
8.5.3.2. France Lecithin Market by Form, (2019-2028 USD Mn)
8.5.3.3. France Lecithin Market by End-Use, (2019-2028 USD Mn)
8.5.4. Italy
8.5.4.1. Italy Lecithin Market by Source, (2019-2028 USD Mn)
8.5.4.2. Italy Lecithin Market by Form, (2019-2028 USD Mn)
8.5.4.3. Italy Lecithin Market by End-Use, (2019-2028 USD Mn)
8.5.5. Rest of Europe
8.5.5.1. Rest of Europe Lecithin Market by Source, (2019-2028 USD Mn)
8.5.5.2. Rest of Europe Lecithin Market by Form, (2019-2028 USD Mn)
8.5.5.3. Rest of Europe Lecithin Market by End-Use, (2019-2028 USD Mn)

 

9. Asia Pacific Lecithin Market Analysis and Forecast, 2019 – 2028 (USD Mn)


9.1. Overview
9.2. Asia Pacific Lecithin Market by Source, (2019-2028 USD Mn)
9.3. Asia Pacific Lecithin Market by Form, (2019-2028 USD Mn)
9.4. Asia Pacific Lecithin Market by End-Use, (2019-2028 USD Mn)
9.5. Asia Pacific Lecithin Market by Country, (2019-2028 USD Mn)
9.5.1. China
9.5.1.1. China Lecithin Market by Source, (2019-2028 USD Mn)
9.5.1.2. China Lecithin Market by Form, (2019-2028 USD Mn)
9.5.1.3. China Lecithin Market by End-Use, (2019-2028 USD Mn)
9.5.2. Japan
9.5.2.1. Japan Lecithin Market by Source, (2019-2028 USD Mn)
9.5.2.2. Japan Lecithin Market by Form, (2019-2028 USD Mn)
9.5.2.3. Japan Lecithin Market by End-Use, (2019-2028 USD Mn)
9.5.3. India
9.5.3.1. India Lecithin Market by Source, (2019-2028 USD Mn)
9.5.3.2. India Lecithin Market by Form, (2019-2028 USD Mn)
9.5.3.3. India Lecithin Market by End-Use, (2019-2028 USD Mn)
9.5.4. Rest of Asia Pacific
9.5.4.1. Rest of Asia Pacific Lecithin Market by Source, (2019-2028 USD Mn)
9.5.4.2. Rest of Asia Pacific Lecithin Market by Form, (2019-2028 USD Mn)
9.5.4.3. Rest of Asia Pacific Lecithin Market by End-Use, (2019-2028 USD Mn)

 

10. Latin America (LATAM) Lecithin Market Analysis and Forecast, 2019 – 2028 (USD Mn)


10.1. Overview
10.2. Latin America Lecithin Market by Source, (2019-2028 USD Mn)
10.3. Latin America Lecithin Market by Form, (2019-2028 USD Mn)
10.4. Latin America Lecithin Market by End-Use, (2019-2028 USD Mn)
10.5. Latin America Lecithin Market by Country, (2019-2028 USD Mn)
10.5.1. Brazil
10.5.1.1. Brazil Lecithin Market by Source, (2019-2028 USD Mn)
10.5.1.2. Brazil Lecithin Market by Form, (2019-2028 USD Mn)
10.5.1.3. Brazil Lecithin Market by End-Use, (2019-2028 USD Mn)
10.5.2. Mexico
10.5.2.1. Mexico Lecithin Market by Source, (2019-2028 USD Mn)
10.5.2.2. Mexico Lecithin Market by Form, (2019-2028 USD Mn)
10.5.2.3. Mexico Lecithin Market by End-Use, (2019-2028 USD Mn)
10.5.3. Rest of Latin America
10.5.3.1. Rest of Latin America Lecithin Market by Source, (2019-2028 USD Mn)
10.5.3.2. Rest of Latin America Lecithin Market by Form, (2019-2028 USD Mn)
10.5.3.3. Rest of Latin America Lecithin Market by End-Use, (2019-2028 USD Mn)

 

11. Middle East and Africa Lecithin Market Analysis and Forecast, 2019 – 2028 (USD Mn)


11.1. Overview
11.2. MEA Lecithin Market by Source, (2019-2028 USD Mn)
11.3. MEA Lecithin Market by Form, (2019-2028 USD Mn)
11.4. MEA Lecithin Market by End-Use, (2019-2028 USD Mn)
11.5. Middle East and Africa Lecithin Market, by Country, (2019-2028 USD Mn)
11.5.1. GCC
11.5.1.1. GCC Lecithin Market by Source, (2019-2028 USD Mn)
11.5.1.2. GCC Lecithin Market by Form, (2019-2028 USD Mn)
11.5.1.3. GCC Lecithin Market by End-Use, (2019-2028 USD Mn)
11.5.2. South Africa
11.5.2.1. South Africa Lecithin Market by Source, (2019-2028 USD Mn)
11.5.2.2. South Africa Lecithin Market by Form, (2019-2028 USD Mn)
11.5.2.3. South Africa Lecithin Market by End-Use, (2019-2028 USD Mn)
11.5.3. Rest of MEA
11.5.3.1. Rest of MEA Lecithin Market by Source, (2019-2028 USD Mn)
11.5.3.2. Rest of MEA Lecithin Market by Form, (2019-2028 USD Mn)
11.5.3.3. Rest of MEA Lecithin Market by End-Use, (2019-2028 USD Mn)

 

12. Company Profiles


12.1. Archer Daniels Midland Company
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. Cargill, Inc.
12.2.1. Business Description
12.2.2. Financial Health and Budget Allocation
12.2.3. Product Positions/Portfolio
12.2.4. Recent Development
12.2.5. SWOT Analysis
12.3. Caldic Canada Inc.
12.3.1. Business Description
12.3.2. Financial Health and Budget Allocation
12.3.3. Product Positions/Portfolio
12.3.4. Recent Development
12.3.5. SWOT Analysis
12.4. Bunge Limited
12.4.1. Business Description
12.4.2. Financial Health and Budget Allocation
12.4.3. Product Positions/Portfolio
12.4.4. Recent Development
12.4.5. SWOT Analysis
12.5. Haneil Soyatech Pvt Ltd.
12.5.1. Business Description
12.5.2. Financial Health and Budget Allocation
12.5.3. Product Positions/Portfolio
12.5.4. Recent Development
12.5.5. SWOT Analysis
12.6. GIIAVA (India) Pvt Ltd.
12.6.1. Business Description
12.6.2. Financial Health and Budget Allocation
12.6.3. Product Positions/Portfolio
12.6.4. Recent Development
12.6.5. SWOT Analysis
12.7. Lipoid GmbH
12.7.1. Business Description
12.7.2. Financial Health and Budget Allocation
12.7.3. Product Positions/Portfolio
12.7.4. Recent Development
12.7.5. SWOT Analysis
12.8. Orison Chemicals Limited
12.8.1. Business Description
12.8.2. Financial Health and Budget Allocation
12.8.3. Product Positions/Portfolio
12.8.4. Recent Development
12.8.5. SWOT Analysis
12.9. Foodchem International Corporation
12.9.1. Business Description
12.9.2. Financial Health and Budget Allocation
12.9.3. Product Positions/Portfolio
12.9.4. Recent Development
12.9.5. SWOT Analysis
12.10. Wilmar International Limited
12.10.1. Business Description
12.10.2. Financial Health and Budget Allocation
12.10.3. Product Positions/Portfolio
12.10.4. Recent Development
12.10.5. SWOT Analysis
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