Soy Lecithin Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
Soy lecithin is a by-product of soybean processing, produced by further manufacturing of crude soy oil. Lecithin is the gummy material contained in crude vegetable oils and removed by a degumming processing.
Soybeans are by far the most important source of commercial lecithin, and lecithin is the most important by-product of the soy oil processing industry because of its many applications in foods and industrial products. Soy lecithin is an excellent source of phospholipids, or phosphatides, for aqua feeds.
Phospholipids are the molecules that make up cell membranes.
The three main phosphatides in commercial soy lecithin are phosphatidyl choline (also called pure or chemical lecithin to distinguish it from the natural mixture), phosphatidyl ethanolamine (popularly called cephalin), and phosphatidyl inositols (also called inositol phosphatides). Commercial soy lecithin also typically contains roughly 30%-35% unrefined soy oil. Because it\'s readily available from plentiful soybean crops all over the world, it\'s the cheapest and easiest type of lecithin to mass manufacture.
The soy lecithin industry concentration is high; there are a few major manufacturers in the world such as Cargill, Danisco, ADM, Lipoid, Jiusan Group and Ruchi Soya etc., whose production is estimated to take account for 57.16% in 2015. And they are mainly distributed in North America, EU, India and China. Soy lecithin industry has long history since 1840s.
The soy lecithin market has been growing at a stable rate since the last few years. The multi-function properties are fueling the growth of the market which increasing the level of consumer awareness and growing demand for functional foods, supplements and convenient end-use products. The market is not only growing in North America, but also in the developing economies, especially the China and India region. The market growth in ROW (Rest of World) is expected to rise, but continues to hold a minor share in the global soy lecithin market.
The Global Soy Lecithin Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.
As the report focuses on global Soy Lecithin Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Cargill
Danisco
ADM
Lipoid
Ruchi Soya
Bunge
AGD
Lasenor Emul
Caramuru
Shankar Soya Concepts
Denofa
Lucas Meyer
Marathwada Chemical
Jiusan Group
Shandong Bohi Industry
Hexiyuan Soya Lecithin
Qinhuangdao Glodensea Industris (Wilmar)
Beijing Yuan Hua Mei Lecithin Sci-Tech
Gushen Biological Technology Group
Siwei Phospholipid
Merya's Lecithin
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Unrefined or natural lecithin
Refined lecithin
Chemically modified lecithin products
In Market segmentation by applications :
Food grade
Pharma grade
Feed grade
Industrial grade
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Soy Lecithin Market for the forecast period 2023 - 2030?
• What are the driving forces in the Soy Lecithin Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Soy Lecithin industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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