Scienza e Tecnologia
Lecithin & Phospholipids Market worth $7.5 billion by 2027 - Exclusive Report by MarketsandMarkets™
Soy based Lecithin & phospholipids are the wide consumed across different applications including animal feed, food & beverage, industrial, and healthcare. The ample availability of soy crop and easy extraction process makes the soy lecithin more convenient to the manufacturers in different industries. A wide range of regular food items contains soy lecithin such as bread, ice creams, infant products, dairy products, and some convenience food.
De-oiled Lecithin or powdered Lecithin has almost no oil. It is practically free of oil and contains a particularly high concentration of polyunsaturated fatty acids. The powder lecithin is a more compact, easy-to-handle concentrated lecithin product which makes it perfect for transportation and store with higher shelf-life than liquid Lecithin. In addition to its improved functional properties, de-oiled lecithin products are essentially ready nutraceuticals with immense nutritional benefits for consumers.
Lecithin is one of the important ingredients used to enrich fat, protein, and improves palletization in animal feed. Various studies have shown that crustaceans & fish cannot adequately synthesize the phospholipids they require for maximum performance. Therefore, phospholipids are recommended in their diet. In 2016, the European Food Safety Authority (EFSA) approved the use of Lecithin in the feed for all animal species. This has created opportunities for manufacturers at a global level.
Today, 90% of commercially available Lecithin is extracted from soy and sunflower. Lecithin has a dual function in food as an emulsifier and healthy ingredient. Because of its lipid-friendly and hydrophilic properties, Lecithin is used in many foods and many other areas of the industry.
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The thriving food industry in developing economies as well as world's top two most populous Asian countries including
China and India which comprises a wide variety of bakery products, meat, dairy, and convenience foods is anticipated to fuel the demand for Lecithin & phospholipids. Moreover, growing popularity and adoption of food trends like veganism and natural plant-based foods among consumers is anticipated to promote the demand for Lecithin & phospholipids in the regional market.
This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Cargill (US), ADM (US) , DuPont (US), IMCD Group B.V. (US), Bunge Limited (US), STERN-WYWIOL GRUPPE ( Germany ), Wilmar International Ltd. ( Singapore ), Sonic Biochem ( India ), Avril Group ( France ), American Lecithin Company (US), and VAV Life Sciences Pvt. Ltd. ( India ).
by Type (Mono & di-glycerides and their derivatives, Lecithin, Sorbitan esters, Polyglycerol esters, and Stearoyl lactylates), Source, Function, Application, and Region - Global Forecast to 2025
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by Source (Soy, Sunflower, Rapeseed, and Egg), Application (Food (Bakery Products, Confectionery Products, Convenience Foods, and Dairy & Frozen Desserts), Feed, and Healthcare), and Region - Global Forecast to 2023
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