About Natural Lecithin
Natural Lecithin is derived from various commercial sources such as sunflower, egg yolks, soybeans, and many others. Natural Lecithin market has high growth prospects due to maximum used for smoothing food textures, repelling sticky mixtures, emulsifiers and homogenizing liquid mixtures. Additionally, Increasing demand for natural lecithin across end-use industries such as food & beverages, pharmaceutical and cosmetic and other industries is steering market growth. Rising consumer awareness towards treatment of alzheimers diseases, gall bladder diseases and wettings agents will support industry demand. The major companies are adding more innovative techniques in Asia-Pacific countries as these countries are focused on fastest-growing verticals for the Food & beverages industry.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Billion) |
CAGR | 6.2% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ADM (United States), Cargill (United States), Danisco (Denmark), Soya International (United Kingdom), American Lecithin (United States), DowDuPont (United States), Bunge (United States), Now Foods (United States), The Arnott Group (United Kingdom) and Pure Formulas (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Natural Lecithin market by Type (Animal Source Lecithin and Plant Source Lecithin), Application (Pharmaceuticals, Cosmeticds, Food and Beverages and Other) and Region.
On the basis of geography, the market of Natural 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.
Influencing Trend:
Increasing demand from Asia-Pacific Region and Value Oriented Customers
Market Growth Drivers:
Increasing demand for Natural Ingredients, Growing Usage of Lecithin in Bakery and Confectionary, Meats and Dairy Products and Changing Consumer Preference towards their Eating Habits
Challenges:
Supply Demand Gap Anticipated to Restrain the Market Growth and Stringent Government Rules and Regulations
Restraints:
Price Fluctuations of Raw Material Hamper the Growth of Market and Sluggish Growth Due to Political Instability
Opportunities:
Rising Number of Food Outlets and Food Services boosts the Natural Lecithin Market, Increasing Health Awareness among Customers and Upsurge Demand from Aquaculture Industries
Market Leaders and their expansionary development strategies
In September 2019, Swedish Company AAK acquiring a majority stake in UK Based Soya International. This acquisition is beneficial for supplying products that including non-GMO liquids lecithin, non-GMO powdered lecithin, organic lecithin and specialty lecithin solutions for infant nutrition, dairy, chocolate and bakery & Confectionary products., and In September 2022, Keystone Capital signs a definitive agreement for House Foods Holding USA to acquire 100 per cent of Keystone Natural Holdings, a manufacturer of tofu and plant-based foods in North America.Through this acquisition, House Foods will expand its portfolio of value-added tofu and plant-based food products and accelerate its U.S. market expansion plans. The combined company will have eight manufacturing facilities across North America.
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
Manufacturers, Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use Industries
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.