Global De-oiled Lecithin Markets Report 2023-2028: Clean-Label Products and Rising Demand for Natural Food Additives Fueling Growth

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Nov 15, 2023, 05:00 ET

DUBLIN, Nov. 15, 2023 /PRNewswire/ -- The "Global De-oiled Lecithin Market by Source (Soybean, Sunflower, Rapeseed & Canola, Eggs), Nature (Non-GMO, GMO), Form (Powder, Granules), Application (Food & Beverages, Feed, Industrial, Healthcare Products) and Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

The global de-oiled lecithin market is projected to grow from USD 220 million in 2023 to USD 321 million by 2028, at a CAGR of 7.8%

This growth is driven by the increasing demand for natural additives in food and beverage products, growing consumption of healthy diets with low-fat content and low calories, and rising acceptance of sunflower de-oiled lecithin for its natural taste and smell. De-oiled lecithin, a type of lecithin with almost no oil, is known for its numerous nutritional benefits.

This research report categorizes the de-oiled lecithin market by Source, Nature, Form, Application, and Region, providing detailed information on the major factors influencing market growth such as drivers, restraints, challenges, and opportunities. It offers a detailed analysis of key industry players, covering their business overview, solutions, services, and key strategies like contracts, partnerships, agreements, new product & service launches, mergers, and acquisitions.

In terms of regional analysis, Asia-Pacific is expected to account for the largest market share in 2023. The market in this region is growing due to factors like increasing soybean cultivation in countries such as China and India, export opportunities to Europe, and rising consumption of healthy foods and cosmetic products in Japan and South Korea.

Prominent companies in the de-oiled lecithin market include Cargill, Incorporated (US), ADM (US), Bunge Limited (US), IMCD Group B.V. (US), and Fismer Lecithin (Germany), among others. The market report provides insights into the company types, designations, and regional presence of these key players.

Following the company analysis, the report delves into market segments. The non-GMO segment is expected to lead the market during the forecast period, primarily due to its increasing use as a natural emulsifier in confectionery, pharmaceutical formulations, and cosmetics. In the application segment, the food and beverage segment is projected to dominate the market share, spurred by rising consumer awareness of healthy diets and the use of de-oiled lecithin in various food products.

Premium Insights

Growing Consumer Awareness Regarding Clean-Label Products and Rising Demand for Natural Food Additives
Confectioneries Segment and China Dominated Asia-Pacific De-Oiled Lecithin Market in 2022
India De-Oiled Lecithin Market to Register Highest CAGR During Forecast Period
Asia-Pacific to Dominate De-Oiled Lecithin Market for All Sources, 2023 vs. 2028
Food and Beverages Segment to Account for Largest Market Share by 2028
Non-GMO Segment to Account for Larger Market Share by 2028

Case Study Analysis

Regulatory Policies for Lecithin
Growing Demand for Non-GMO Products

Market Dynamics

Drivers

Increasing Demand for Natural Food Additives and Growing Consumer Awareness Regarding Clean-Label Products
Increased Demand for Convenience Food
Growing Adoption of Sunflower-based Lecithin
Rising Awareness Regarding Health Benefits of Functional Foods

Restraints

Replicability of De-Oiled Lecithin with Synthetic Alternatives
Health Concerns Associated with Soy and Other Allergen Products

Opportunities

Changing Consumer Lifestyles
Growing Popularity of Plant-based Diet Culture

Challenges

Fluctuations in Raw Material Prices
Concerns Associated with Genetically Modified Organism (GMO) De-Oiled Lecithin Products

Industry Trends

Value Chain Analysis

Raw Material Sourcing
Production and Processing
Quality and Safety Controllers
Distribution, Marketing, and Sales
End-users

Market Map and Ecosystem Analysis

Demand-Side Ecosystem
Supply-Side Ecosystem

Regulatory Framework

US
Direct Food Substances Generally Recognized as Safe
Multipurpose Additives
Types of Lecithin Allowed in Organic Processed Products
Canada
Europe
Commission Regulation (EU) No. 231/2012 of March 9, 2012, Laying Down Specifications for Food Additives
Regulatory Framework by EU$
India
Food Safety and Standards Authority of India (FSSAI)

Company Profiles

ADM
American Lecithin Company
Amitex Agro Product Private Limited
Avi Agri Business Limited
Avril Group
Bunge Limited
Cargill, Incorporated
Clarkson Grain Company, Inc.
Fismer Lecithin
GIIAVA
IMCD Group B.V.
Lasenor Emul, S.L.
Lecilite
Lecital
Lecitein
Sonic Biochem
Stern-Wywiol Gruppe
Sun Nutrafoods
The Scoular Company
VAV Life Sciences Pvt. Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/unjvhd

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