Global Soybean Lecithin Market Overview:
Soy lecithin is a fatty substance present in soybean and is considerably cost-effective. It is authorized as a food additive. It is used in the preparation of food as an emulsifier, wetting agent, lubricant, antioxidant or flavor protector. Soy lecithin, when used in diets in limited amounts, offers numerous health benefits that include cholesterol reduction, improved immunity, better digestion, enhanced cognitive functions among others. It is also used in the manufacturing of various pharmaceutical and cosmetic products. The demand for soy lecithin is high owing to the wide commercial application of the product.
Growth Drivers
- Increasing Usage in Food Products Since It Helps Reduce Cholesterol
- Growing Demand for Cheap Source of High-Quality Protein in Food and Supplements
Roadblocks
- Availability of Substitutes Such As Sunflower Lecithin
Opportunities
- Increasing Awareness among Consumers Regarding Health Benefits of Product
- Growing Applications in Supplement & Pharmaceutical Industry
Challenges
- Volatile Prices of Oilseeds On Account Of Drought and Political Instability
Competitive Landscape:
Some of the key players profiled in the report are Yugen Chemicals Pvt. Ltd. (India), Cargill (United States), Dow Inc. (United States), Archer Daniels Midland Company (United States), Lipoid GmbH (Germany), Ruchi Soya (India), Bunge Limited (United States), Aceitera General Deheza (Argentina), Lasenor Emul S.L (Spain) and Caramuru Alimentos S.A. (Brazil). Additionally, following companies can also be profiled that are part of our coverage like Shankar Soya Concepts (India), Denofa AS (Norway), Lucas Meyer (France), Marathwada Chemicals (India), Jiusan Group (China), Shandong Bohi Industry (China), American Lecithin Company (United States), Ceresking Ecology & Technology Co., Ltd. (China), Tianjin Hexiyuan Lecithin Technology Co., Ltd (China), Qinhuangdao Glodensea Industries (Wilmar) (China), Beijing Yuan Hua Mei Lecithin Sci-Tech (China), Gushen Biological Technology Group (China) and Zhengzhou Siwei Phospholipid Technology (China). Considering Market by Form, the sub-segment i.e. Liquid will boost the Soybean Lecithin market. Considering Market by End-Use Industry, the sub-segment i.e. Food & Beverages will boost the Soybean Lecithin market. Considering Market by Grade, the sub-segment i.e. Food will boost the Soybean Lecithin market. Considering Market by Raw Material Type, the sub-segment i.e. Non-Genetically Modified Organism will boost the Soybean Lecithin market.
What Can be Explored with the Soybean Lecithin Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Soybean Lecithin Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Soybean Lecithin
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Soybean Lecithin market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Soybean Lecithin market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Soybean Lecithin Manufacturer, Soybean Lecithin Distributor & Supplier, Soybean Lecithin Importer/Exporter, Soybean Lecithin Raw Material Supplier, Soybean Lecithin End-Users, Soybean Lecithin Third-Party Players, Downstream Vendors, Regulatory & Government Bodies, Research & Consulting Firms and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.