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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Lecithin Market Share
Powdered form acts as a releasing agent in capsules and a dispersing agent in oral tablets. In bakeries, powdered lecithin stabilises bread formation while in restaurants it enhances the texture of dressings and sauces. Easily miscible natural sunflower lecithin powder is an ideal substitute for artificial emulsifiers or chemically modified lecithin in oil-in-water emulsions.
Liquid lecithin is consumed to stabilise or emulsify mixtures with high-fat contents, especially in the cosmetics and confectionery sectors.
Granulated lecithin has a low-calorie count and is majorly added to low-carb items or instant food products. Lecithin granules are produced using special machinery so that they are high quality and can be easily incorporated into recipes.
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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