Press Release
Global Lecithin Market is Estimated to Reach $1,364 million by 2024, Says Variant Market Research
 Published Date:  Nov 2017  Publish By: Variant Market Research

Global Lecithin Market Report, published by Variant Market Research, forecast that the global market is expected to reach $1,364million by 2024 from $851 million in 2016; growing at a CAGR of 6.1% from 2016 to 2024. By geography, Asia-Pacific and North America are expected to grow at a CAGR of 8.6% and 5.6%, respectively, during the forecast period. Lecithin, a fat which is important for human body and is obtained from various sources such assoya, egg, sunflower, and other sources. Lecithin have various applications in end use industries such asfood, feed, nutrition & health supplements, cosmetics, and other applications.

"Lecithin Market (By Source:Soya, Egg, Sunflower, and Other Sources; By Application: Food, Feed, Nutrition &Health Supplements, Cosmetics, and Other Applications; By Geography: North America, Europe, Asia-Pacific and RoW)Global Scenario, Market Size, Outlook, Trend and Forecast, 2015 – 2024"

To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/food-beverages/lecithin-market

Growing health conscious consumersto drive the growth ofthe lecithinmarket

The factors supporting growth of the global lecithinmarket aregrowing consumer health awareness, changing lifestyles, increasing disposable income, and high spending on healthcare products and convenience foods. However, soya lecithin allergyas well as changing prices of raw materialsmay act as a restraint for the growth of the market. Moreover, high demand of lecithin and developing markets would provide several growth opportunities for the market in the future years.

Market Segmentation

Source, application, and geography are the major segments considered in the globallecithinmarket.Sourcesegment includes soya, egg, sunflower, and other sources. By, application, the market is bifurcated intofood, feed, nutrition & health supplements, cosmetics, and other applications. By geography, the globallecithinmarket has been segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW).

Soya accounted for the largest market share in the source segment

Global Lecithin Market, by Source
Global Lecithin Market Report, published by Variant Market Research, forecast that the global market is expected to reach $1,364million by 2024 from $851 million in 2016; growing at a CAGR of 6.1% from 2016 to 2024.

Soya accounted for the largest market share in 2016, in the source segment, and is expected to continue its dominance during the forecast period 2016 – 2024,owing to the therapeutic and functionalbenefits obtained by soyawhich is boosting the demand for products produced from these sources.

Food accounted for the largest market share in the application segment

Global Lecithin Market, by Application
Global Lecithin Market Report, published by Variant Market Research, forecast that the global market is expected to reach $1,364million by 2024 from $851 million in 2016; growing at a CAGR of 6.1% from 2016 to 2024.

Foodaccounted for the largest market share in 2016, in the application segment, and are expected to continue its dominance during the forecast period 2016 – 2024,owing to its usage as food additive,due to its functional property of emulsifier and anti-spatter coupled with increasing intake of convenience foods.

Europedominated the global market with largest market share in 2016

GLOBAL LECITHIN MARKET SHARE BY GEOGRAPHY, 2016 (%)
Global Lecithin Market Report, published by Variant Market Research, forecast that the global market is expected to reach $1,364million by 2024 from $851 million in 2016; growing at a CAGR of 6.1% from 2016 to 2024.

Europedominated the global lecithin market with largest market share of 33.3% in 2016, owing to high adoption and demand for lecithinbased products in the nutrition & health supplements. This has led to rise in demand for lecithin in this region.

Competitive Landscape

The major players in the market areBunge Limited, DuPont Nutrition& Health, Lipoid GmbH, American Lecithin Company, Thew Arnott & Co., Ltd., Archer Daniels Midland Company, Cargill Inc., NOW Foods,Sternchemie GmbH & Co. KG., and VAV Life Sciences Pvt. Ltd., among others.

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Chapter 1 Prefix
    1.1 Market Scope
    1.2 Report Description
    1.3 Research Methodology
          1.3.1 Primary Research
          1.3.2 Secondary Research
          1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
Chapter 3 Market Outline
    3.1 Market Inclination, Trend, Outlook and Viewpoint
    3.2 Market Share Analysis: Company’s Competitive Scenario
    3.3 Market Dynamics
          3.3.1 Drivers
                   3.3.1.1 Impact Analysis
          3.3.2 Restraints
                   3.3.2.1 Impact Analysis
          3.3.3 Opportunities
Chapter 4 Global Lecithin Market by Source: Market Size and Forecast, 2015 – 2024
    4.1 Overview
    4.2 Soya
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast
    4.3 Egg
          4.3.1 Current Trend and Analysis
          4.3.2 Market Size and Forecast
    4.4 Sunflower
          4.4.1 Current Trend and Analysis
          4.4.2 Market Size and Forecast
    4.5 Other Sources
          4.5.1 Current Trend and Analysis
          4.5.2 Market Size and Forecast
Chapter 5 Global Lecithin Market by Application: Market Size and Forecast, 2015 – 2024
    5.1 Overview
    5.2 Food
          5.2.1 Current Trend and Analysis
          5.2.2 Market Size and Forecast
    5.3 Feed
          5.3.1 Current Trend and Analysis
          5.3.2 Market Size and Forecast
    5.4 Nutrition & Health Supplements
          5.4.1 Current Trend and Analysis
          5.4.2 Market Size and Forecast
    5.5 Cosmetics
          5.5.1 Current Trend and Analysis
          5.5.2 Market Size and Forecast
    5.6 Other Applications
          5.6.1 Current Trend and Analysis
          5.6.2 Market Size and Forecast
Chapter 6 Global Lecithin Market by Geography: Market Size and Forecast, 2015 – 2024
    6.1 Overview
    6.2 North America
          6.2.1 Current Trend and Analysis
          6.2.2 Market Size and Forecast
          6.2.3 US
                   6.2.3.1 Market Size and Forecast
          6.2.4 Canada
                   6.2.4.1 Market Size and Forecast
          6.2.5 Mexico
                   6.2.5.1 Market Size and Forecast
    6.3 Europe
          6.3.1 Current Trend and Analysis
          6.3.2 Market Size and Forecast
          6.3.3 UK
                   6.3.3.1 Market Size and Forecast
          6.3.4 Germany
                   6.3.4.1 Market Size and Forecast
          6.3.5 France
                   6.3.5.1 Market Size and Forecast
          6.3.6 Italy
                   6.3.6.1 Market Size and Forecast
          6.3.7 Rest of Europe
                   6.3.7.1 Market Size and Forecast
    6.4 Asia-Pacific
          6.4.1 Current Trend and Analysis
          6.4.2 Market Size and Forecast
          6.4.3 India
                   6.4.3.1 Market Size and Forecast
          6.4.4 China
                   6.4.4.1 Market Size and Forecast
          6.4.5 Rest of Asia-Pacific
                   6.4.5.1 Market Size and Forecast
    6.5 RoW
          6.5.1 Current Trend and Analysis
          6.5.2 Market Size and Forecast
          6.5.3 Middle East
                   6.5.3.1 Market Size and Forecast
          6.5.4 South America
                   6.5.4.1 Market Size and Forecast
          6.5.5 Africa
                   6.5.5.1 Market Size and Forecast
Chapter 7 Company Profiles
    7.1 DuPont Nutrition & Health
    7.2 Lipoid GmbH
    7.3 American Lecithin Company
    7.4 Thew Arnott & Co., Ltd.
    7.5 Archer Daniels Midland Company
    7.6 Bunge Limited
    7.7 Cargill Inc.
    7.8 VAV Life Sciences Pvt. Ltd.
    7.9 NOW Foods
    7.10 Sternchemie GmbH & Co. KG

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