Lecithin Market

Lecithin Market by Source Application Region Forecast till 2023 

Lecithin Market by Source Application 

Region Forecast till 2023 

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Synopsis of Lecithin Market: 

Global lecithin market research report: information by source (sunflower, soya bean, egg, 

and others), application (pharmaceuticals & personal care, food, animal feed, nutrition & 

supplements, and others) region – Forecast till 2023 

Lecithin is substance derived from vegetable and animal sources that include eggs, oranges, 

cauliflower, peanuts, and beef liver. A commercial source of lecithin is from egg yolk, 

soybeans, and brain tissues. Lecithin offers unique characteristics such as viscosity modifier, 

dispersant, and emulsifier, which make them suitable for usage in numerous end-use 

application such as food, animal feed, pharmaceuticals & personal care, nutrition & 

supplements, and others. As per our analysis, some of the important market factors and 

trends identified in the global lecithin market are increasing middle-class population, rising 

awareness among consumers, continuous growth of the pharmaceutical sector. Moreover, 

rising per capita disposable income along with increased spending on processed and 

convenience food is estimated to drive the growth of the market. Lecithin lowers the 

triglycerides and serum cholesterol while increases HDL levels in the blood, therefore it has 

gained prominence in the manufacturing of medicine. Changing lifestyle along with the rise 

in customer spending on personal care in emerging economies across the globe is estimated 

to drive the growth of the market. Growing awareness regarding the positive aspect of 

lecithin along with the continuous growth of the pharmaceutical sector is predicted to propel 

the growth of the market. 

Growing income along with the rise in demand for nutrition & supplements and convenience 

foods has resulted in the growth of lecithin in the global market. However, fluctuating cost 

of raw material affects the lecithin derived products which might hamper the market growth. 

Moreover, religious aspects regarding the consumption of non-vegetarian might affect the 

market growth. 

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Key Players and Competition Analysis 

Some of the prominent players operating in the global lecithin market are Archer Daniels 

Midland Company (U.S.), Cargill Incorporated (U.S.), American Lecithin Company (U.S.), 

Lipoid GmbH (Germany), DuPont (U.S.), Bunge Limited (U.S.), Stern-Wywiol Gruppe GmbH 

& Co. Kg (Germany), Avanti Lipids Polar, Inc. (U.S.), Lasenor Emul S.L. (Spain), Lecico 

GmbH (Germany), Vav Life Sciences Private Limited (India) among others. 



Segmentation Analysis 

The global lecithin market is categorized on the basis of source, application, and region. On 

the basis of the source, the market is categorized into a sunflower, soya bean, egg, and 

others. Others source include rice and maize. On the basis of the application, lecithin market 

is further classified into pharmaceuticals, food, animal feed, nutrition & supplements, and 

others. On the basis of the region, the market is segmented into Latin America, North 

America, Asia Pacific, Europe, and the Middle East & Africa. 

Browse the market data and information spread across 139 pages with 35 data tables and 

12 figures of the report “Lecithin Market by Source Application Region Forecast till 

2023” in-depth alongside table of content (TOC) at: 

https://www.marketresearchfuture.com/reports/lecithin-market-5404 

Regional Analysis 

The global lecithin market is spanned across five regions, Asia Pacific, Europe, Latin America, 

North America, and the Middle East & Africa. Among these, Europe emerged as the leading 

market and is estimated to grow at a moderate CAGR over the assessment period, 2017- 

2023, on account of the expansion of various end-use industries such as pharmaceutical, 

food, and animal feed among others. European countries such as Germany, UK, Italy, Russia, 

and France have emerged as the major contributors in the regional lecithin market growth 

and is predicted to continue their dominance over the assessment period due to the wide 

utilization of lecithin in nutrition & supplement and food applications. The North American 

market is expected to witness an average growth on account of increasing awareness 

regarding the benefits associated with this along with increasing disposable income is 

predicted to boost the regional market growth. The U.S and Canada are among the major 

contributors to the regional market owing to robust demand from the pharmaceutical sector. 

Moreover, the presence of major food companies in this region is estimated to propel the 

regional growth. Latin American countries such as Mexico, Brazil, Peru, Argentina, and 

Guatemala are estimated to register above-average growth on account of growing demand 

for lecithin among the consumer along with rising soybean and sunflower cultivation. The 

Middle Eastern and African countries such as Turkey, Qatar, Oman, Saudi Arabia, and the 

United Arab Emirates (UAE) are estimated to witness strong demand due to burgeoning 

demand from the pharmaceutical sector.

Lecithin Market

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