About Sunflower Lecithin
Sunflower Lecithin could be a present fat essential for the functioning of the body’s cells. varied foods, as well as egg yolks, sunflower, and soybeans, are wealthy sources. lecithin could be a substance that has found roles in drug development and is employed extensively within the production of pharmaceuticals. Organic lecithin is used to preserve foods, add moisture, and extend the shelf life of products.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market for sunflower lecithin is fragmented by the global key players owing to increasing trend for healthy and organic products demand for leading healthy lifestyle. The players should be focusing upon product innovation for integrating it into different kins of application for grabbing the competitive market share. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Sunflower Lecithin market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Biolex (United States), Cargill Incorporated (United States), Ekologie Forte Pvt. Ltd (India), Lipoid AG (Germany), Fismer Lecithin (Germany), Puritan's Pride, Inc. (United States), GIIAVA (India), Clarkson Specialty Lecithin (United States), Soya International (United States) and Imcopa Food Ingredients (Netherlands) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Lekithos (United States), American Lecithin Company (United States), Urban Platter (India), Caldic (Netherlands) and Lactalis Ingredients (France).
Segmentation Overview
AMA Research has segmented the market of Global Sunflower Lecithin market by Type (Ordinary Sunflower Lecithin and Organic Sunflower Lecithin), Application (Cosmetics, Food & Beverage, Nutraceuticals, Animal Feed and Others) and Region.
On the basis of geography, the market of Sunflower Lecithin has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Form, the sub-segment i.e. Liquid will boost the Sunflower Lecithin market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Sunflower Lecithin market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Functions, the sub-segment i.e. Antioxidants will boost the Sunflower Lecithin market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Clean Label Manufacturing and Attractive Packaging and Advancement in Oil Containing Lecithin can be Developed for Bakery and Confectionery Cream Binder
Market Growth Drivers:
Growth in Inclination towards Organic Ingredients in Different Applications like Nutrition and Skin Care and rising lifestyle-based health issues like cardiovascular diseases, obesity, osteoporosis, and diabetes caused rise in need for food ingredients like lecithin
Challenges:
Availability of Substitutes in the Market
Restraints:
Side Effects like Abdominal Bloating, Nausea and Diarrhoea can Hamper the Market Growth
Opportunities:
Rise in Cosmetic Industry and Organic Ingredients and Rise in Applications as an Anti-Inflammatory Solutions and Stress Reliever in Pharmaceuticals
Market Leaders and their expansionary development strategies
In 2020, Lactalis Ingredients launches instant whey protein range with sunflower lecithin. Lecithin is added to whey protein powder to modify the powder into instant recipe when mixing and clump-free, which is ideal for shakes.
In November 2022, Novastell has launched a range of lecithin granules for use in food and beverage applications. Both derived from vegetal sources, Soycithin G97 IP is a traditional soy lecithin that is a non-GMO and fully traceable, while Suncithin G96 is made from sunflower lecithin; also non-GMO and allergen-free.
Key Target Audience
Sunflower Lecithin Manufacturer, Research Institutes, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.