The global de-oiled lecithin market size was estimated to be US$ 177 million in 2020 and is expected to reach US$ 400 million by 2031 at a CAGR of 7.7%. De-oiled lecithin is sans oil part, which is enhanced with phospholipids parts, in this manner making it ideal for nourishing applications
The lecithin is added to food in a dried structure with a low smell and gentle character. It is nonpartisan in flavor and shading and comes in powder granular structures, making it simpler for taking care of and transportation. It is utilized in an expansive range of uses like dessert shop, accommodation food sources, meat and fish, refreshments, and dairy items. Lecithin is utilized in different food applications like texturization, scattering, emulsification and numerous others.
The significant utilization of lecithin is in food ventures, for example, chocolates for better enrobing just as decreases crystallization of cocoa fat. De-oiled lecithin is separated from various sources like soy, sunflower, and rapeseed, and it enjoys benefits and applications in animal sustenance, drinks, heated products, dessert shop, human nourishment, bite sized snacks and soups, flavors and sauces.
There is an increment observed in health disorders post consumption of GMO items has driven a declination in the acknowledgment of GMO items. Tough guidelines have been implemented on various levels on the production and import-fare of GMO items. There are the nations who are taking on GMOs items quickly; however there are additionally ascend in GMO intricacy. The intricacy in GM items includes the steadying out rules under Regulation (EC) 1830/2003. In this guideline, an order sign for naming GM items should fall over 0.9 percent.
The GM marking is command in numerous nations all throughout the planet and name of the nations are recorded underneath in every province. Because of allergenic movement of soy, severe guideline has been forced on the creation from administrative position. The tough guidelines implemented in such cases might hamper development of the market during 2021-2031.
In 2014, there has been severe guideline made by the EFSA Panel on Dietetic Products, Nutrition and Allergies (EFSA NDA Panel, 2014) in which allergenic food varieties and food ingredients should be named with allergenic in items for ex. egg and soy lecithin. Because of severe government regulations forced underway of soy or egg lecithin, an occasional producer needs to deal with issues in delivering the item with appropriate guidelines, which as a result is seen hampering the expansion of marketplace during 2022-2032.
The medical services segment is projected to develop at a high speed as the reception of normal ingredients in the medical services industry is expanding, attributable to the severe standards and guidelines. Also, the demand for natural and organic items is expanding, which helps the segment.
Moreover, the use in medical care is expanding in developing nations because of ascend in consciousness of the advantages of good food utilization, which is postulated to stimulate the segment. As far as sources are considered, the market is classified into sunflower, soy, rapeseed, and crude lecithin. The soy segment represents a significant share of the market attributable to its remedial properties. Besides, the demand for the soy is expanding in industrial applications like inks and paints. The sunflower segment is expected to grow at a significant CAGR during the 2022-2032 forecast time frames as it is liked as the alternative of soy items.
Based on forms, the market is bifurcated into granulated and powdered. The powdered segment obtains a significant share of the market as the powdered type of de-oiled lecithin decreases the substance of unsaturated fats and triglycerides accordingly provide unrivaled dietary benefit. The granulated segment is expected to grow at a significant CAGR during the forecast time span of 2022-2032.
Asia Pacific is assessed to possess the biggest share of the worldwide de-oiled lecithin market, as far as worth and volume is considered. Fare chances of non-GMO lecithin from nations, for example, India to the European market are relied upon to drive the market for de-oiled lecithin in the province. Sonic Biochem Extractions and Shankar Soya Concepts are a portion of the central participants based in India offering non-GMO de-oiled lecithin to the European market. Aside from this, the thriving hydroponics industry in China is relied upon to support the demand for de-oiled lecithin in the feed segment.
Then again, the expanded demand for individual consideration items and beauty care products in nations, for example, Japan and South Korea are relied upon to the market in the province during 2022-2032.
Global De-oiled Lecithin Market Value Share Analysis, by Geography (2021)
The report titled “Global De-oiled Lecithin Market - Global Market Share, Trends, Analysis and Forecasts, 2022-2032”, wherein 2020 is historic period, 2021 is the base year, and 2022 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the Global De-oiled Lecithin Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global De-oiled Lecithin market is segmented as form, source, application, and region. Based on form, the De-oiled Lecithin market is segmented into powdered, granulated, and other. Based on source, the De-oiled Lecithin market is segmented into soy, sunflower, rapeseed, egg, others. Based on application, the De-oiled Lecithin market is segmented into food, bakery Products, confectionery Products, convenience food, dairy & frozen Dessert, feed, healthcare, others.
Based on geography, the Global De-oiled Lecithin Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Italy, France, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, UAE, South Africa and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on Global De-oiled Lecithin Market. Further, market share of prominent companies in the Global De-oiled Lecithin Market would also be estimated.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the De-oiled Lecithin companies. The Global De-oiled Lecithin Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.
Product portfolio would focus on all the products under the De-oiled Lecithin business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the Global De-oiled Lecithin Market.
The key players of the Global De-oiled Lecithin Market are Cargill , Archer Daniels Midland , DowDuPont, Bunge Limited , Lecico GmBH , American Lecithin Company , Austrade Inc., Stern Wywiol Gruppe , Lecital , GIIAVA (INDIA) PVT. LTD , Lasenor Emul , Novastell Essential Ingredients , Clarkson Grain Company, Inc. , Rasoya Proteins Ltd., Amitex Agro Product Pvt. Ltd. , and others.
Global De-oiled Lecithin Market Key Segments:
Based on form
Based on source
Based on application
By Region
The global De-oiled Lecithin market was worth US$ 177 million in 2020.
The global De-oiled Lecithin market is expected to register a CAGR of 7.7% between 2022 and 2032.
Asia Pacific is the principal contributor to the global De-oiled Lecithin market.
Based on source, the De-oiled Lecithin market is segmented into Soy, Sunflower, Rapeseed and Egg.
Key De-oiled Lecithin market players are Cargill , Archer Daniels Midland , DowDuPont, Bunge Limited , Lecico GmBH , American Lecithin Company , Austrade Inc., Stern Wywiol Gruppe , Lecital , GIIAVA (INDIA) PVT. LTD and others.
Copyright © 2024 Same Page Management Consulting Pvt. Ltd. (insightSLICE) | All Rights Reserved