The latest report by IMARC Group, titled “De-Oiled Lecithin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the global de-oiled lecithin market price. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global de-oiled lecithin market size reached US$ 205.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 324.1 Million by 2028, exhibiting a growth rate (CAGR) of 7.2% during 2023-2028.
Global De-Oiled Lecithin Market Overview:
De-oiled lecithin is a processed product derived from the oil extraction of lecithin, a naturally occurring group of phospholipids. The de-oiling process removes the fatty acids, resulting in a product that has a higher concentration of phospholipids and is more suitable for specific applications. It is commonly used as an emulsifier, stabilizer, and dispersant in various industries, including food and beverage, pharmaceuticals, and cosmetics.
It offers advantages such as improved texture, shelf-life extension, and efficient blending of ingredients. It is highly regarded for its non-toxic nature and compatibility with various formulations, making it an essential component in diverse industrial applications. Presently, de-oiled lecithin is gaining traction as a key ingredient that supports innovative product development and quality enhancement.
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Global De-Oiled Lecithin Market Trends:
The global de-oiled lecithin market is experiencing significant growth, driven by the escalating demand for components in food and beverage items that are natural and clean-label. Along with this, there is a rise in the adoption of de-oiled lecithin in the pharmaceutical industry for its emulsifying properties, which aid in drug delivery and formulation. This, coupled with the growing awareness of the health benefits associated with phospholipids, is further propelling the market.
In addition, the advent of innovative processing technologies to produce high-quality de-oiled lecithin is favoring the growth of the market. Apart from this, the emerging trend towards vegan and plant-based diets is also boosting the demand for de-oiled lecithin as a plant-derived ingredient. Together, these drivers and trends highlight the vibrant dynamics of the de-oiled lecithin market and its potential to shape the future of various industrial sectors, reflecting its significance in the current global market landscape.
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Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players being
- Avi Agri Business Limited
- American Lecithin Company
- Amitex Agro Product Pvt. Ltd.
- Archer-Daniels-Midland Company
- Austrade Inc.
- Bunge Limited
- Cargill Incorporated
- GIIAVA
- Lecilite Ingredients Pvt. Ltd.
- Lasenor Emul S.L.
- Novastell (Avril group)
- Sonic Biochem Extraction Pvt Ltd
Breakup by Form:
- Powdered
- Granulated
Breakup by Method of Extraction:
- Acetone Extraction
- Carbon Dioxide Extraction
- Ultrafiltration Process
Breakup by Source:
- Soy
- Sunflower
- Rapeseed
- Egg
Breakup by Application:
- Food
- Animal Feed
- Personal Care
- Pharmaceuticals
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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