As per this study, the Global Soy Lecithin Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
Soy lecithin is the yellow-brown colored triglyceride that is extracted from soybeans. It is popularly used as emulsifier, lubricant, and also acts as antioxidant, texture enhancer, flavor protector and extends the shelf life of the food product. These offer many beneficial nutrients and are a rich source of phosphatidylserine (PS), phosphatidylcholine (PC), and phosphatidylinositol (PI) that helps in promoting nerve cell health, and maintaining the overall nervous system.
Growing demand from the food industry owing to the excellent emulsifier, antioxidant, texture enhancer, flavor protector is driving the market growth. Rising demand of soy lecithin to maintain mental health in nerve cell-related disorders is further fueling its demand. Growing preference towards healthy diet and nutrient rich food products is also spurring the market growth. Growing usage to treat dementia, Alzheimer’s disease, gall bladder disease, high cholesterol related medical conditions is again pushing the market growth. In spite of this, high investment in lecithin extraction coupled may hinder the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis, and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of soy lecithin.
The broad soy lecithin market has been sub-grouped into type, function, and applicaiton. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target a specific market. This detail will lead to a focused approach leading to the identification of better opportunities.
- Food Grade
- Feed Grade
- Pharmaceutical Grade
- Industry Grade
- Nutritional Supplement
- Wetting Agents
- Viscosity Modifiers
- Release Aids
- Nutritional Supplements
- Food & Beverages
- Paint Industry
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for soy lecithin in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Soy Lecithin Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the soy lecithin market include American Lecithin Company, Archer Daniels Midland Company, Bunge Limited, Cargill, Ceresking Ecology & Technology Co. Ltd., E. I. DU PONT DE NEMOURS AND COMPANY, LASENOR EMUL, Lecico Gmbh, Lipoid GmbH and Ruchi Soya Industries Ltd among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.