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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Lecithin Market Competitive Landscape
The key market players are increasingly transitioning to non-GMO lecithin, aided by the rising demand for clean label food products
| Company | Founded | Headquarters | Services |
| Archer Daniels Midland Company | 1902 | United States | Provides lecithin products including Yelkin, Ultralec, Beakin, Performix, and Thermolec |
| Bunge Limited | 1818 | United States | Specialises in sunflower lecithins, soybean lecithins, and canola lecithin |
| Cargill, Incorporated | 1865 | United States | Offers canola lecithin, deoiled lecithin, fluid lecithin, fractionated deoiled and fluid lecithin, among others. |
| Caldic B.V. | 1970 | Netherlands | The company offers lecithin sourced from soy, sunflower, and canola |
Other notable players operating in the global lecithin market include Fismer Lecithin GmbH, Lecilite Ingredients Pvt Ltd, Lipoid GmbH, and Sternchemie GmbH & Co. KG, among others. The manufacturers are upgrading their product portfolios and incorporating the latest capabilities to innovate their offerings and meet the evolving demands of consumers.
Lecithin Market Report Snapshots
Lecithin Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a volume of 418.9 KMT in 2023.
The market is estimated to grow at a CAGR of 3.8% during 2024-2032
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a volume of 584.6 KMT by 2032.
The key market drivers are increasing application of lecithin in foods and pharmaceuticals, and regulations supporting the use of lecithin.
The key market trends are growing demand for non-GMO lecithin and rising innovations around lecithin applications.
The key markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various end uses of lecithin include food and beverages, animal feed, personal care and cosmetics, and pharmaceuticals, among others.
The key players in the market include Archer Daniels Midland Company, Bunge Limited, Cargill, Incorporated, Caldic B.V., Fismer Lecithin GmbH, Lecilite Ingredients Pvt Ltd, Lipoid GmbH, and Sternchemie GmbH & Co. KG, among others.
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