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The lecithin phospholipids report analyzes the market, in terms of region, lecithin type, source, and application.
The lecithin phospholipids market is growing with increase in the demand for convenience foods and healthcare products. The lecithin and phospholipids market was valued at USD 784.5 million and USD 1.67 billion in 2014 and is projected to grow at a CAGR of 5.9% and 19.1% from 2015 to 2020 respectively. The market is driven by factors such as the versatility of lecithin, which increases its end use application, growing demand for natural sources of ingredients, increasing consumer awareness about health, and rise in consumption of convenience foods. Growing demand for nonGM lecithin in developed nations provides opportunities for emerging market players.
The food segment dominated the lecithin phospholipids market and is projected to reach 232.8 million tons by 2020. It is projected to grow at the rate of around 4.6% between 2015 and 2020. By source, the soy segment dominated the market and is projected to grow at the highest CAGR of 5.0% from 2015 to 2020. The key players adopt strategies such as new product developments, expansions, acquisitions, and certifications to gain a market share in the lecithin phospholipids market. The AsiaPacific region is projected to grow at the highest CAGR from 2015 to 2020. The increase in demand for convenience food, healthcare products, and animal feed has led to increase in the use of lecithin phospholipids by the food, feed, nutrition, and supplement manufacturers. This increase in demand by manufacturers has resulted in growth of the lecithin phospholipids market in the AsiaPacific region.
The lecithin phospholipids market is segmented on the basis of applications. The applications considered for this research are food, nutrition supplements, animal feed, and others cosmetics, pharmaceuticals, paints, coatings, and dyes inks. The sources of lecithin phospholipids which are used in various applications are also classified in the report. The key players in this market are Cargill Incorporated U.S., Archer Daniels Midland U.S., Lipoid GmbH Germany, E.I.du Pont de Nemours Company U.S., and SternWywiol Gruppe GmbH Co. KG Germany.
Reasons to buy this report:
To get an overview of the global lecithin phospholipids industry
To gain insights of the key players of lecithin phospholipids industry and product portfolios and key strategies adopted by key players
To get an overview of the major region in which the lecithin phospholipids industry is growing
To gain knowledge about the growth of various segments
Original Article: Lecithin and Phospholipids Market by Lecithin Type, Source Soy, Sunflower, Egg and Others, Application Food, Nutrition Supplements, Feed, Pharmaceuticals and Others, by Region Global Trends and Forecasts to 2020 Prices from USD $5650NEXT ARTICLE
Health care (or healthcare) is the diagnosis, treatment, and prevention of disease, illness, injury, and other physical and mental impairments in humans. Health care is delivered by practitioners in medicine, chiropractic, dentistry, nursing, pharmacy, a...
Food is any substance consumed to provide nutritional support for the body. It is usually of plant or animal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ingested by an organism ...
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