Lecithin is a yellow-brown fatty substance. Lecithin is a part of the structural makeup of cell membranes, as opposed to lipids which function as energy molecules. It is present in each cell. Without lecithin and other membrane phospholipids, cells would be unable to keep their structure and most likely disintegrate back into their environment. Lecithin appears to be crucial for animals' survival because there are no known hereditary defects in its manufacture. a naturally occurring lipid necessary for cellular function. Because it is present in all living things, lecithin is commonly used in food.
Using natural sources like soy, eggs, and sunflower as a source, phospholipids can be extracted and processed to create lecithin. Lecithin differs from oil and water in that it possesses both hydrophilic and lipophilic characteristics. It is widely used in a variety of industries, including cosmetics, food, dietary supplements, and pharmaceuticals.
The market can be divided into four sections based on the various types of lecithin: standardised or refined, fractionated, de-oiled, and modified. The global lecithin market may be largely divided into four categories based on the numerous applications, including food, animal feed, nutrition supplements, and cosmetics.
Global Lecithin and Phospholipids Market- Segment Analysis
By Source
- Soy
- Sunflower
- Rapeseed
- Egg
- Others
The soy segment is anticipated to capture a high market share over the assessment period owing to the ample availability of soy crop and easy lecithin extraction process.
By Type
- Fluid
- De-Oiled
- Modified
The de-oiled segment is slated to register notable gains over 2022-2030 due to the high nutritional benefits offered by de-oiled lecithin products.
By Nature
- GMO
- Non-GMO
The GMO segment is poised to garner significant returns over the stipulated timeline ascribing to the dual function of lecithin as a healthy and emulsifying food additive.
By Application
- Feed
- Food
- Baked Goods
- Confectionary Products
- Convenience Food
- Nutritional Supplements
- Industrial
- Cosmetics
- Pharmaceuticals
- Others
The feed segment is expected to showcase substantial progression trends over the estimated timeframe attributing to the ability of lecithin to improve palletization in animal feed.
Global lecithin and phospholipids market- Geographical Landscape
Considering the geographical ambit, the business sphere is divided into North America, Middle East Africa, Europe, Latin America, and Asia Pacific.
Among these, Asia Pacific is projected to expand with a high CAGR over 2022-2030 owing to the rising adoption of food trends like veganism, growing health consciousness, and surge in per capita income of individuals.
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Top Key Players:-
- DuPont
- ADM
- IMCD Group B.V.
- Bunge Limited
- STERN-WYWIOL GRUPPE
- Wilmar International Ltd
- Sonic Biochem
- Avril Group
- Novastell
- Sojaprotein
- American Lecithin Company
- VAV Life Sciences Pvt. Ltd.
- Sodrugestvo Group
- Kewpie Corporation
- Fismer Lecithin
- Lipoid GmbH
- Sime Darby Oils
- Lecital
- Lasenor Emul, S.L.,
- Sun Nutrafoods
- Lecilite Ingredients Pvt. Ltd.
- The Hain Celestial Group Inc.
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