Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Research Reports

Innovation Encapsulated In Ecstasy To Drive The Lecithin Market

Published On :

Persistence Market Research delivers key insights on the global lecithin market in its published outlook titled, “Lecithin Market: Global Industry Analysis and Forecast, 2016–2024”. In terms of value, the global lecithin market is expected to expand at a CAGR of 5.4% during the forecast period due to various factors on which PMR offers vital insights in detail. Global lecithin market was valued at US$ 770.5 Mn in 2015 and is expected to reach a value of US$ 1225.0 Mn at the end of the forecast period in 2024.

Market dynamics

Food additives are used in various food products in order to impart desirable qualities in various food products and also to make food more appealing. For example, emulsifiers such as lecithin improve the texture in salad dressings and other food products. Increasing preference for low fat food and rising demand for convenience foods and packed foods in the market in various developed and developing countries are factors primarily driving growth of the global lecithin market. In terms of the various food emulsifier products, demand for lecithin is expected to increase at a reasonable rate till the end of the forecast period.

Market forecast

On the basis of source type, the market is segmented into soya bean, sunflower and others. Soya bean segment is projected to witness a robust growth, followed by sunflower segment. On the basis of form type, the market is segmented into liquid, granules, and powder. Liquid segment is expected to witness highest revenue share, followed by granules and powder segment in the global lecithin market. On the basis of applications, the market is segmented into food & beverage, pharmaceuticals, cosmetics, animal feed, and industrial purpose. As a result of increasing demand for natural ingredients in various food products, the food & beverage segment is expected to witness highest growth in the global lecithin market over the forecast period. Food manufacturers are offering GMO (genetically modified organism) free products or replacing GMO ingredients to cater to increasing preference for GMO–free products.

To remain ‘ahead’ of your competitors, request for a sample here@ https://www.persistencemarketresearch.com/samples/12364

Food manufacturers are focused on new product launches to fulfill the increasing demand of specialty ingredients for convenience food such as ready mixes and on-the-go products. As per US FDA, partially hydrogenated oils (PHOs) are not Generally Recognized As Safe (GRAS).

As a result of increasing consumer demand for non-GMO ingredients and raw materials alternatives other than soy, the companies are focusing on production capacity expansion in Asia Pacific region. The production capacity will supplement lecithin production and enable the manufacturers to serve customers in Europe and North America.

This report discusses trends that drive growth of each segment and offers analysis and insights on the potential of the lecithin market in specific regions. Asia Pacific, North America and Europe are expected to record high growth rates between 2016 and 2024. Among all the regions globally, North America is estimated to account for comparatively higher value share in 2016, followed by Europe and Asia Pacific. The market in North America is expected to remain dominant over the forecast period, and is expected to account for 37.7% revenue share of the global market by 2024. Asia Pacific is another major market for lecithin. In Asia Pacific, increasing consumer demand for non-GMO ingredients and raw material alternatives other that soy, are some of the factors that is driving the lecithin market over the forecast period. India, China, and other countries in Asia Pacific region, are expected to witness significant growth over the forecast period in global lecithin market.

Get A Customized Scope To Match Your Need Ask An Expert – sales@persistencemarketresearch.com

Competitive landscape

This report covers detailed profiles of key players global lecithin market, which includes key strategies, key developments, product offerings and others. Key companies profiled in this report are:

  • Cargill
  • Archer Daniels Midland Company
  • Bunge Alimentos Sa
  • American Lecithin Company
  • Thew Arnott & Co Ltd
  • Sternchemie GmbH & Co. KG
  • Lipoid GmbH
  • NOW Foods
  • DuPont
  • Others

For In-Depth Competitive Analysis, Buy Now @https://www.persistencemarketresearch.com/checkout/12364

About Us: Persistence Market Research

Contact Us:

Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com

 

Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts