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Oct 19, 2022, 05:30 ET
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NEW YORK, Oct. 19, 2022 /PRNewswire/ — The global de-oiled lecithin market will be driven by the factors such as rising health concerns and demand for low-fat foods. Trans-fats are present naturally in beef, lamb, and dairy products in very small quantities. They are known to raise cholesterol levels. The consumption of foods containing trans-fat increases the risk of heart disease and stroke and is also connected with a high risk of developing type-2 diabetes. In order to reduce trans fats in food and beverages, many companies are reformulating their products. For instance, Corbion offers BFP 65 PLM Non-GMO, a trans-fat-free emulsifier that can be used in the making of margarine and spreads. Such instances will drive market growth during the forecast period.
The global de-oiled lecithin market size is set to grow by USD 105.24 million from 2021 to 2026, according to Technavio. In addition, the growth momentum of the market will accelerate at a CAGR of 7.68% during the forecast period.
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De-oiled Lecithin Market Source Outlook (Revenue, USD bn, 2021-2026)
De-oiled Lecithin Market Geography Outlook (Revenue, USD mn, 2021-2026)
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Revenue-generating Source Segment
The de-oiled lecithin market share growth by the soy segment will be significant during the forecast period. Soy is a prominent legume of Asian origin and a complete protein that contains all nine essential amino acids. Soybeans are a high-protein plant-based food and a member of the pea family. For most people, particularly those who consume a vegan or vegetarian diet, soybeans are a crucial source of protein. Such factors of soybeans will boost the market growth in the forecasted period.
Regional Analysis
35% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for the de-oiled lecithin market in APAC. Another region offering significant growth opportunities to vendors is North America. Strategic initiatives will facilitate the de-oiled lecithin market growth in North America over the forecast period.
Major Five De-oiled Lecithin Companies:
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De-oiled Lecithin Market Scope
Report Coverage
Details
Page number
120
Base year
2021
Forecast period
2022-2026
Growth momentum & CAGR
Accelerate at a CAGR of 7.68%
Market growth 2022-2026
USD 105.24 million
Market structure
Fragmented
YoY growth (%)
7.12
Regional analysis
North America, APAC, Europe, South America, and Middle East and Africa
Performing market contribution
APAC at 35%
Key consumer countries
US, China, Japan, Germany, and UK
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
American Lecithin Co., Amitex Agro Product Pvt. Ltd., Austrade Inc., AV Group, Avril SCA, Bunge Ltd., Cargill Inc., Clarkson Grain Co. Inc., DuPont de Nemours Inc, Giiava, Kriti Nutrients Ltd., LASENOR EMUL SL, Lecilite Ingredients Pvt. Ltd., Lecital, Lipoid GmbH, Servotech India Ltd., Sonic Biochem Extraction Pvt. Ltd., Stern Wywiol Gruppe GmbH and Co. KG, The Scoular Co., and UL LLC
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Source
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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