Lecithin Market Research Report- Forecast till 2023


Posted October 12, 2018 by nikhilkhadilkar

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)
 
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.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/5404

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.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
Phone: +16468459312
Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By nikhil
Phone +916468459312
Business Address Office No. 528,
Amanora Chambers Magarpatta Road,
Country India
Categories Advertising , Business
Tags lecithin market , lecithin market application , lecithin market forecast , lecithin market source
Last Updated October 12, 2018