Lecithin & Phospholipids Market Scope, Industry Analysis, Growth, Trends, Key Players, and Forecast (2022-2027)

Lecithin & Phospholipids Market Scope, Industry Analysis, Growth, Trends, Key Players, and Forecast (2022-2027)

In the Asia Pacific region, lecithin is gaining popularity due to busy lifestyles, urging consumers to opt for on-the-go and RTE products. The demand for lecithin is expected to increase in the coming years due to the growing population and increasing per-capita income of consumers, based on a World Bank report.

According to MarketsandMarkets, the Lecithin & Phospholipids Market size is estimated to be valued at USD 5.5 billion in 2022 and is projected to reach USD 7.5 billion by 2027, recording a CAGR of 6.3% during the forecast period in terms of value. It is driven by the increasing awareness of the benefits of using natural emulsifiers and encourages manufacturers to adopt lecithin due to its multifunctional abilities. It is a versatile and multifunctional ingredient for food formulators. It can be used as an emulsifier, release agent, and instantizing agent. It is the most popular emulsifier used in the food industry. It is used as an emulsifier in bakery products to ensure even blending and increase moisture retention.

Lecithin & Phospholipids Market

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=259514839


The recent upward trend has been witnessed in the demand for low-fat foods, which is eventually driving the lecithin & phospholipids market growth. This is mainly because of the deskbound lifestyles in developed countries and the important role of low-fat foods in having a healthy diet. The demand for healthy food is very high in Europe and the US, owing to consumer awareness, hence projecting the market growth.


The US is expected to lead the lecithin market, as the food & beverage industries in these countries are the largest; product innovation is one of the key factors presenting growth opportunities to market players in the US. The increasing demand for high-protein food products from health-conscious consumers has encouraged manufacturers to offer a wide range of products, resulting in overall consumption growth. The US is one of the key markets for lecithin. The increased demand for feed additives in the country is attributed to the trend of precision nutrition in the feed industry. Consumers who include animal-based products, such as dairy products, eggs, and meat in their diet, are increasingly conscious of the quality of the products available in the market. This, in turn, drives the demand for high-quality feed, including natural and organic feed such as lecithin.


Based on type, the de-oiled lecithin segment is projected to dominate the lecithin & phospholipids market in the forecasted period. The growth of the global de-oiled lecithin industry is driven by factors such as an increase in demand for green and organic food products globally and growth in trends among consumers involving weight loss and calorie concern in developed countries, owing to the rise in the working population in the developing nations and increase in demand for convenience food with nutritional benefits.


Among various types of sources, soy sources dominated the lecithin & phospholipids market. The rise in concern among consumers regarding natural and organic food ingredients is encouraging the consumers to shift toward clean label products. The soybean lecithin is more preferred over others due to its easy availability and growth in the number of health-conscious consumers.


Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=259514839


The lecithin & phospholipids market is constantly growing in the healthcare segment. Lecithin contains valuable phospholipids that play an active role in metabolic activity. Hence, an increasing number of health-conscious consumers are opting for lecithin-enriched products. It is advantageous to both manufacturers and consumers, as these are available in capsules, powders, and granulates. Sunflower lecithin is expected to be a suitable alternative to soy lecithin in dietary supplements and pharmaceutical applications due to allergen issues associated with soy.


About MarketsandMarkets™


MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.


Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.


MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/lecithin-phospholipids-market-259514839.html