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De-oiled Lecithin Market Size
- Report ID: GMI7365
- Published Date: Nov 2023
- Report Format: PDF
De-oiled Lecithin Market Size
De-oiled Lecithin Market size was valued at USD 208.7 million in 2022 and is estimated to expand at 7.5% CAGR from 2023 to 2032, due to rising consumer awareness about health and wellness, which is causing a shift in dietary choices. De-oiled lecithin is a healthier option to regular lecithin since it contains less fat and cholesterol. Consumers are looking for products with clear labelling and natural ingredients, and de-oiled lecithin fits these criteria because it is commonly used in bread products, confectionery, and dairy items.
Furthermore, the expanding food processing sector, as well as the requirement for efficient emulsifiers and stabilizers in food items, has increased demand for de-oiled lecithin. It works well as an emulsifier, improving the texture and quality of a variety of processed meals. Furthermore, due to its emulsifying and solubilizing capabilities, the pharmaceutical and cosmetics industries are increasingly adding de-oiled lecithin into their compositions.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| De-oiled Lecithin Market Size in 2022: | USD 208.7 Million |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 7.5% |
| 2032 Value Projection: | USD 431 Million |
| Historical Data for: | 2018 – 2022 |
| No. of Pages: | 180 |
| Tables, Charts & Figures: | 224 |
| Segments covered: | Source, Form, and Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Raw material price volatility is a key limitation on the revenue growth of the de-oiled lecithin market. Since de-oiled lecithin is largely generated from soy, sunflower, or rapeseed, its production is directly linked to variations in these raw material costs. Sharp price fluctuations in various agricultural commodities can have an influence on the entire cost of producing de-oiled lecithin, thereby lowering
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De-oiled Lecithin Market Scope
