Lecithin Market size is projected to reach USD 1.5 Billion by 2027 from an estimated USD 1.05 Billion in 2020, growing at a CAGR of 5.5% globally.
Lecithin is a type of substance derived from many commercial sources, such as egg yolks, soybeans, and sunflowers. Lecithin is used in a variety of industries including the food and beverage, pharmaceutical and cosmetic industries. Lecithin is commonly used for its unique properties such as smoothing the texture of food, dissolving powders, repelling sticky substances, homogenizing liquid mixtures, emulsifying agents, stabilizing agents, etc.Lecithin from North America and Asia Pacific. There is a global demand for organic and non-GMO lecithin.
The Global Lecithin Market (2021-2027) research report is a professional and detailed study on the status of the global Lecithin industry. The research report also separated the global Lecithin market by top players/brands, region, type and end user. This report also studies the global Lecithin market conditions, competition, market share, growth rate, future trends, market momentum, opportunities and challenges, sales channels and distributors. Geographically, this report categorizes Lecithin production, apparent consumption and import and export in North America, Europe, China, Japan, Southeast Asia and India.
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The Lecithin market is segmented on the basis of Type, Type, Grade, and Application. According to the type, it is classified into unrefined lecithin, purified lecithin, and chemically modified lecithin. The difference between crude lecithin and natural lecithin is that crude lecithin is extracted from oilseeds such as soybean and sunflower whereas purified lecithin is combined with phospholipids and alcohol. On the other hand, chemically modified lecithin is modified by chemical treatment. The lecithin market is segmented on the basis of forms such as liquids and powders and granules. Liquid lecithin is mainly used in bakery, confectionery and industrial applications. Powdered lecithin is used in instant dry mixes, beverage premixes, etc.
Top Companies Involved are: ADM, Cargill, Parul Trading, Zhengzhou Natpt biological Technology, Unitechem, Sita Shree Marketing, Henan Eastar Chemicals, Real Soya Enterprises, Guangzhou Boan Health Product, Lipoid, Perfect Industries, Matrix Universal, The Solae Company, Avanti Polar Lipids, Nikko Chemicals, Kanav Agronomy, Fanning Corporation, Vinzai Chemical Industries
Segmentation Analysis Includes,
By Type: Food & Beverages, Pharmaceuticals, Animal Feed, Industrial
By Application: Liquid, Particles, Powder
Regions covered in the Global Lecithin Market Report: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa).
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