Lecithin Market Size By Source (Soy [GMO, Non-GMO], Rapeseed/Canola, Sunflower, Egg Yolk), By Application (Food & Beverages, Animal Feed, Industrial, Pharmaceutical, Cosmetics), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024

Published Date: Aug 2018  |  Report ID: GMI2875  |  Authors: Kunal Ahuja, Kritika Mamtani

Report Format: PDF   |   Pages: 415   |   Base Year: 2017




Summary Table of Contents Industry Coverage Methodology

Industry Trends

Global Lecithin Market size exceeded USD 1.65 billion in 2017 and annual consumption is set to surpass 530 kilo tons by 2024. Rising demand for lecithin primarily for food & beverage applications on account of reducing calorie and sugar intake may boost industry growth.
 

U.S. Soy Lecithin Market By Application

Get more details on this report - Request Free Sample PDF
 

Growing concern towards healthy lifestyle and propelling demand for nutrient rich food & beverages and supplements may stimulate lecithin industry growth. These are composed of phospholipids which are sourced from oilseeds which includes sunflower, rapeseed and soy. The blending property exhibited by this product is driving its demand in the food & beverages, pharmaceuticals and cosmetic industry.
 

Global food & beverage business exceeded USD 5 trillion in 2017 where consumers have been focusing towards health consciousness which is likely to accelerate the global lecithin market trends. Moreover, manufacturers are experimenting to create food products for consumers which aids in reducing calorie and sugar intake in without lessening the taste, thereby increasing overall product demand. Also, consumption of bakery products such as pies, brioche and cupcakes including breads and pastries supports vast product range which in turn stimulates the industry growth.
 

Increasing R&D efforts by manufacturers to achieve lucrative production and higher product development may foster the market statistics. Government regulations and protocols for phospholipids play a critical role in food application in Europe region may upsurge the product demand. Global phospholipids business may surpass USD 4 billion by the end of forecast period. These are the compounds which are extracted from source like lecithin which includes egg and soy and impart various functional properties in pharmaceutical, nutrition & supplement application, which in turn boost lecithin market growth.
 

Manufacturing process of lecithin is capital intensive along with usage of harmful chemicals such as acetone and hexane in the extraction of soy is likely to hinder the market outlook. Sunflower lecithin act as a substitute to soy as these are extracted naturally without addition of any chemicals which makes them desirable in various health applications, thereby driving the industry growth.
 

Lecithin Market Report Coverage
Report Coverage Details
Base Year: 2017 Market Size in 2017: 1.65 Billion (USD)
Historical Data for: 2013 to 2017 Forecast Period: 2018 to 2024
Pages: 415 Tables, Charts & Figures: 564
Geographies covered (23): U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Poland, Denmark, China, India, Japan, South Korea, Thailand, Malaysia, Australia, Brazil, Argentina, Saudi Arabia, UAE, South Africa
Segments covered: Source, Application and Region
Companies covered (24): Archer Daniel Midland (ADM), Cargill, GIIAVA, Haneil Soyatech Pvt. Ltd., Lipoid GmbH, American Lecithin Company (ALC), Sodrugestvo, Sonic Biochem, DowDuPont, Bunge Limited, THEW ARNOTT & CO LTD, Sternchemie, LEKITHOS, SOYA International, LECICO, Novastell, Sun Nutrafoods (SNF), Rasoya Proteins Ltd., Bansal Extraction & Exports Pvt Ltd. (BEEPL), Shankar Soya Concepts, Vippy Industries Ltd, Imcopa Food Ingredients B.V., Wilmar International, Berg + Schmidt
Growth Drivers:
  • North America: Increase in personal care product demand
  • Europe:Growing demand for bakery products
  • Increasing demand for animal feed products
  • Asia Pacific:Increasing pharmaceutical segment
  • Increasing demand for packaged food products & growing food & beverage sector
Pitfalls & Challenges:
  • Availability of substitute products sunflower lecithin

Get more details on this report - Request Free Sample PDF
 

By Source

Soy based lecithin market demand exceeded USD 1.1 billion in 2017. This product is majorly used as emulsifier in various industrial application such as food, animal feed, cosmetics and pharmaceutical. Moreover, these are composed of choline, glycerol, fatty acids, glycolipids and phospholipids these are usually used as a liquid, but can also be purchased as granules, which is likely to facilitate product demand in various countries.
 

GMO soy lecithin industry size from pharmaceutical applications may register around 4.5% CAGR over the foreseeable timeframe. These products are used in treatment for hypercholesterolemia which reduces cholesterol levels by 18% along with changes in lipid metabolism and improves neurological disorders which results in improving memory, thereby increasing product demand.
 

Sunflower based lecithin demand may register more than 6% CAGR over the forecast period. It contains numerous phospholipid types and antioxidants, along with their volatile compounds which makes them a healthy supplement. It is a natural emulsifier which aid in reducing the presence of other fats and protect red blood cells, which in turn foster the product demand.
 

Sunflower lecithin market from cosmetic applications is set to surpass USD 35 million by 2024. It is used to produce moisturizing, revitalizing and toning creams, shampoos, conditioners and other products. Surface active properties of this product promotes deeper penetration of these products in the epidermis and holds antioxidants properties making it suitable for the cosmetic application, which shows ample growth potential for the market.
 

By Region

North America driven by Mexico, Canada and the U.S. lecithin market outlook is expected to register more than 5% CAGR up to 2024. Growing demand for cosmetic products and increasing disposable income accompanied by skincare and haircare products demand will accelerate the regional industry growth. These products in cosmetics are utilized for skincare as they are emollient which act as a softening and soothing agent for all skin types. The powerful moisturizing properties aid to keep the skin hydrated and makes it an additive for restorative creams. It improves the appearance of the damaged hair and helps in straightening procedures as they avert fly-away hair, are the key attributes favouring regional growth.
 

Europe driven by UK, France, Spain and Germany lecithin market demand is poised surpass USD 580 million by 2024. Rising demand for bakery products such as cakes, breads, pastries are the key factor to boost the industry outlook. There is an ongoing trend for increased production of sliced and wrapped bread and consumers are more interested in products which takes less time spent on home food preparation and consumption, thereby driving product landscape.
 

Asia Pacific led by South Korea, Japan, India and China lecithin market is likely to register significant gains at over 5% through 2024. Increasing R&D investments in pharmaceuticals and growing trend towards generic drug manufacturing in the region is likely to boost industry trends. Growing population along with increasing health standards has led to increase in health service spending. Significant development in active pharmaceutical ingredients and medical tourism market for several countries such as Malaysia, Thailand and India may foster the industry growth.
 

Competitive Market Share

Global lecithin market share is moderately consolidated with ADM, Cargill, GIIAVA, Haneil Soyatech and SOYA. Companies are engaged in joint ventures and mergers to expand their regional presence and focusing on new product advancement to gain viable advantage which may foster product range. Moreover, other industrial participants are focusing to produce lucrative products to strengthen the global presence.
 

Lecithin Industry Background

Lecithin are prepared by extracting and purifying phospholipids which are amphiphilic in nature. Increasing consumer demand towards healthy food & beverages, cosmetic, animal feed and pharmaceutical is likely to propel product demand. In pharmaceutical sector, these are used in several formulation like fat emulsions, suspensions and as a drug carrier. Changing food consumption patterns and increased per captia income is likely to drive the packaged and processed food industry growth which offers growth opportunities in the lecithin market.
 

Lecithin market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD from 2013 to 2024, for the following segments:
 

By Source

  • Soy
    • GMO Soy Lecithin
      • By Application
        • Food & Beverages
        • Animal Feed
        • Pharmaceutical
        • Cosmetics
        • Industrial
    • Non-GMO Soy Lecithin
      • By Application
        • Food & Beverages
        • Animal Feed
        • Pharmaceutical
        • Cosmetics
        • Industrial
  • Rapeseed/ canola
    • By Application
      • Food & Beverages
      • Animal Feed
      • Pharmaceutical
      • Cosmetic
      • Industrial
  • Sunflower
    • By Application
      • Food & Beverages
      • Animal Feed
      • Pharmaceutical
      • Cosmetic
      • Industrial
  • Egg Yolk
    • By application
      • Food & Beverages
      • Animal Feed
      • Industrial
      • Pharmaceutical
      • Cosmetic & Personal Care

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Poland
    • Denmark
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Thailand
    • Malaysia
    • Australia
  • LATAM 
    • Brazil
    • Argentina 
  • MEA
    • Saudi Arabia
    • UAE
    • South Africa
       

Frequently Asked Questions (FAQ) :

When used in the production of animal feed, the compound helps deliver the necessary amino acids for maximizing the product efficiency and energy sources required for the livestock.
Lecithin sourced from soy provides fatty acids, glycolipids, glycolipids, phospholipids and choline and is consumed across various industrial applications including cosmetics, food and pharmaceuticals.
North America lecithin market size is expected to grow significantly due to higher disposable incomes and the rising consumption of haircare, skin care and other cosmetic products in the region.

Buy NowImmediate delivery available

Need a Discount? Get in touch with us for special pricing

Request Discount

Connect with our sales team

Premium Report Details

  • Published Date: Aug 2018
  • Pages: 415
  • Tables: 519
  • Charts / Figures: 45
  • Companies covered: 24
  • Countries covered: 23

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

GMIPulse, our report store

We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework.

Chat with us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X