HOME Top Market Reports De-oiled Lecithin Market by Source (Soy, Sunflower, Rapeseed, and Egg), Application (Food (Bakery Products, Confectionery Products, Convenience Foods, and Dairy & Frozen Desserts), Feed, and Healthcare), and Region - Global Forecast to 2023

De-oiled Lecithin Market by Source (Soy, Sunflower, Rapeseed, and Egg), Application (Food (Bakery Products, Confectionery Products, Convenience Foods, and Dairy & Frozen Desserts), Feed, and Healthcare), and Region - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: July 2018
Report Code: FB 6448

 

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The global de-oiled lecithin market is projected to grow to reach a value of USD 232.1 million by 2023, at a CAGR of 8.2% from 2018.

The years considered for the study are as follows:

  • Base year: 2017
  • Forecast period: 2018–2023

Objectives of the study are as follows:

  • Market Intelligence
    • Determining and projecting the size of the de-oiled lecithin market with respect to the source, application, and regional presence, over a five-year period ranging from 2018 to 2023
    • Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions
    • Analyzing the demand-side factors on the basis of the following:
      • Impact of macro- and micro-economic factors on the market
      • Shifts in demand patterns across different sub-segments and regions
  • Competitive Intelligence
    • Identifying and profiling key market players in the de-oiled lecithin market
    • Providing a comparative analysis of the market leaders on the basis of the following:
      • Product offerings
      • Business strategies
      • Strengths and weaknesses
      • Key financials
    • Understanding the competitive landscape and identifying major growth strategies adopted by the players across the key regions
    • Analyzing the regulatory frameworks across regions and their impact on the prominent market players
    • Providing insights on key investments in product innovations and technology

Research Methodology

This report includes estimations of the market size in terms of value (USD million) and volume (tons). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the de-oiled lecithin market and of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares in the respective regions have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources National Soybean Processors Association (NSPA), the United States Department of Agriculture (USDA), the Food and Drug Administration (FDA), The Soybean Processors Association of India, American Soybean Association (ASA), United Soybean Board (USB), Brazilian Association of Vegetable Oil Industries (ABIOVE), Canadian Oilseed Processors Association (COPA) and National Oilseed Processors Association (NOPA) to identify and collect information useful for this technical, market-oriented, and commercial study of the de-oiled lecithin market.

De-oiled Lecithin Market

To know about the assumptions considered for the study, download the pdf brochure

The market for de-oiled lecithin is dominated by key players such as include DowDuPont (US), Cargill (US), Archer Daniels Midland (US), Bunge Limited (US), and Stern Wywiol Gruppe (Germany). Other players include Lecico GmBH (Germany), American Lecithin Company (US), Lecital (Austria), Lasenor Emul (Spain), GIIAVA (INDIA) PVT. LTD (India), Novastell Essential Ingredients (France), Rasoya Proteins Ltd. (India), Clarkson Grain Company, Inc. (US), Amitex Agro Product Pvt. Ltd. (India), and Austrade Inc. (US).

Target Audience:

  • De-oiled lecithin producers, suppliers, distributors, importers, and exporters
  • Manufacturers from industries such as confectionery, chocolate, bakery, nutrition & supplements, cosmetics, pharmaceuticals, paints, herbicides, and feed
  • Government and research organizations
  • Associations and industry bodies
    • National Soybean Processors Association (NSPA)
    • The United States Department of Agriculture (USDA)
    • The Food and Drug Administration (FDA)
    • The European Vegetable Oil and Protein meal Industry (FEDOIL)
    • European Feed Manufacturers' Federation (FEFAC)
    • European Feed Safety Ingredients Certification (EFISC)
    • The Soybean Processors Association of India, American Soybean Association (ASA)
    • United Soybean Board (USB)
    • National Aquaculture Association (NAA)
    • Brazilian Association of Vegetable Oil Industries (ABIOVE)
    • Canadian Oilseed Processors Association (COPA)
    • Cosmetics Toiletries and Fragrance Association (CTFA)
    • The International Soybean Growers Alliance (ISGA)
    • The Australian Oilseeds Federation (AOF)
    • The Paraguayan Chamber of Cereal and Oilseed Exporters (CAPECO)
    • Ukrainian Association of producers and processors of soya, Cαmara de la Industria Aceitera de la Repϊblica Argentina (CIARA)
    • National Oilseed Processors Association (NOPA)

Scope of the report

A) Global De-oiled Lecithin Market

Based on the Source, the de-oiled lecithin market has been segmented as follows:

  • Soy
  • Sunflower
  • Rapeseed
  • Egg

Based on the Application, the de-oiled lecithin market has been segmented as follows:

  • Food
  • Confectionery products
  • Convenience foods
  • Baked goods
  • Dairy & frozen desserts
  • Others (meat, spreads, margarine, soups, and sauces)
  • Feed
  • Healthcare

Based on the Region, the de-oiled lecithin market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • RoW (South America and the Middle East & Africa)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to client-specific needs.

The following customization options are available for the report:

Product Analysis

  • Product Matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of the Rest of Europe de-oiled lecithin markets Europe includes France, the Netherlands, Spain, Sweden, and Belgium
  • Further breakdown of the Rest of Asia Pacific de-oiled lecithin markets into Thailand, Vietnam, Korea, and New Zealand

Company Information

  • Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
    1.4 Periodization Considered for the Study
    1.5 Currency Considered
    1.6 Units Considered
    1.7 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Key Industry Insights
                    2.1.2.2 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top Down Approach
    2.3 Data Triangulation
    2.4 Research Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 34)
    4.1 Attractive Opportunities in the De-Oiled Lecithin Market
    4.2 De-Oiled Lecithin Market, By Food Application & Region
    4.3 Asia Pacific: the Fastest-Growing Market for De-Oiled Lecithin
    4.4 De-Oiled Lecithin Market, By Application
    4.5 De-Oiled Lecithin Market, By Food Application, 2018 vs 2023

5 Market Overview (Page No. - 38)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growth in Demand for Natural Food Additives and Increasing Consumer Awareness About Clean Label Products
                    5.2.1.2 Increase in Acceptance of Sunflower-Based Lecithin
                    5.2.1.3 Increase in Demand for Convenience Food
           5.2.2 Restraints
                    5.2.2.1 Replicability of De-Oiled Lecithin By Synthetic Alternatives
           5.2.3 Opportunities
                    5.2.3.1 Emerging Markets & Changing Consumer Lifestyles
           5.2.4 Challenges
                    5.2.4.1 Fluctuation in Raw Material Prices
                    5.2.4.2 Concerns About GMO and Allergens
    5.3 Supply Chain Analysis
    5.4 Regulations
           5.4.1 Regulations Related to the Food and Feed Industries
    5.5 Trade Data

6 Regulations for De-Oiled Lecithin (Page No. - 46)
    6.1 Introduction
    6.2 International Body for Food Safetys, Standards, and Regulations
           6.2.1 Codex Alimentarius Commission (CAC)
    6.3 Regulations
           6.3.1 US
                    6.3.1.1 Direct Food Substances Affirmed as Generally Recognized as Safe
                    6.3.1.2 Multipurpose Additives
                    6.3.1.3 Types of Lecithin Allowed in Organic Processed Products
           6.3.2 Canada
           6.3.3 Europe
                    6.3.3.1 Commission Regulation (EU) No 231/2012 of 9 March 2012 Laying Down Specifications for Food Additives
           6.3.4 Regulatory Framework By EU
           6.3.5 India
                    6.3.5.1 Food Safety and Standards Authority of India (FSSAI)

7 De-Oiled Lecithin Market, By Method of Extraction (Page No. - 52)
    7.1 Introduction
    7.2 Acetone Extraction
    7.3 Carbon Dioxide Extraction
    7.4 Ultrafiltration Process

8 De-Oiled Lecithin Market, By Source (Page No. - 55)
    8.1 Introduction
    8.2 Soy
    8.3 Sunflower
    8.4 Rapeseed
    8.5 Egg

9 De-Oiled Lecithin Market, By Application (Page No. - 64)
    9.1 Introduction
    9.2 Food
           9.2.1 Bakery Products
           9.2.2 Confectionery Products
           9.2.3 Convenience Foods
           9.2.4 Dairy & Frozen Desserts
           9.2.5 Other Food Applications
    9.3 Feed
    9.4 Healthcare

10 De-Oiled Lecithin Market, By Region (Page No. - 79)
     10.1 Introduction
     10.2 Asia Pacific
             10.2.1 China
             10.2.2 India
             10.2.3 Japan
             10.2.4 Australia
             10.2.5 Rest of Asia Pacific
     10.3 Europe
             10.3.1 Ukraine
             10.3.2 Russia
             10.3.3 Italy
             10.3.4 UK
             10.3.5 Germany
             10.3.6 Rest of Europe
     10.4 North America
             10.4.1 US
             10.4.2 Canada
             10.4.3 Mexico
     10.5 Rest of the World (RoW)
             10.5.1 South America
             10.5.2 The Middle East & Africa

11 Competitive Landscape (Page No. - 119)
     11.1 Overview
     11.2 Market Ranking
             11.2.1 Key Market Strategies
     11.3 Competitive Scenario
             11.3.1 Expansions
             11.3.2 Agreements
             11.3.3 Mergers & Acquisitions
             11.3.4 New Product Launches

12 Company Profiles (Page No. - 125)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     12.1 Cargill
     12.2 ADM
     12.3 Dowdupont
     12.4 Bunge Limited
     12.5 Stern-Wywiol Gruppe
     12.6 Lecico GmbH
     12.7 American Lecithin Company
     12.8 Lecital GmbH
     12.9 Lasenor Emul
     12.10 Giiava (India) Pvt. Ltd
     12.11 Novastell Essential Ingredients
     12.12 Rasoya Proteins Ltd.
     12.13 Clarkson Grain Company, Inc.
     12.14 Amitex Agro Product Pvt. Ltd.
     12.15 Austrade Inc.

*Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 150)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Introducing RT: Real-Time Market Intelligence
     13.4 Available Customizations
     13.5 Related Reports
     13.6 Author Details


List of Tables (96 Tables)

Table 1 US Dollar Exchange Rate Considered for Study, 2013–2017
Table 2 De-Oiled Lecithin Market Snapshot (Value), 2018 vs 2023
Table 3 Export of Lecithins and Other Phosphoaminolipids, Nesoi, 2013–2014, (USD ‘000)
Table 4 Import of Lecithins and Other Phosphoaminolipids, Nesoi, 2013–2014, (USD ‘000)
Table 5 Phospholipid Composition of Fluid and De-Oiled Canola Lecithin
Table 6 De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 7 De-Oiled Lecithin Market Size, By Source, 2016–2023 (Ton)
Table 8 Soy De-Oiled Lecithin Market Size, By Region, 2016–2023 (USD Million)
Table 9 Soy De-Oiled Lecithin Market Size, By Region, 2016–2023 (Ton)
Table 10 Sunflower De-Oiled Lecithin Market Size, By Region, 2016–2023 (USD Million)
Table 11 Sunflower De-Oiled Lecithin Market Size, By Region, 2016–2023 (Ton)
Table 12 Rapeseed De-Oiled Lecithin Market Size, By Region, 2016–2023 (USD Million)
Table 13 Rapeseed De-Oiled Lecithin Market Size, By Region, 2016–2023 (Ton)
Table 14 Egg De-Oiled Lecithin Market Size, By Region, 2016–2023 (USD Million)
Table 15 Egg De-Oiled Lecithin Market Size, By Region, 2016–2023 (Ton)
Table 16 De-Oiled Lecithin Market Size, By Application, 2016–2023 (USD Million)
Table 17 De-Oiled Lecithin Market Size, By Application, 2016–2023 (Ton)
Table 18 De-Oiled Lecithin Market Size for Food, By Region, 2016–2023 (USD Million)
Table 19 De-Oiled Lecithin Market Size for Food, By Region, 2016–2023 (Ton)
Table 20 De-Oiled Lecithin Market Size for Bakery Products, By Region, 2016–2023 (USD Million)
Table 21 De-Oiled Lecithin Market Size for Bakery Products, By Region, 2016–2023 (Ton)
Table 22 De-Oiled Lecithin Market Size for Confectionery Products, By Region, 2016–2023 (USD Million)
Table 23 De-Oiled Lecithin Market Size for Confectionery Products, By Region, 2016–2023 (Ton)
Table 24 De-Oiled Lecithin Market Size for Convenience Foods, By Region, 2016–2023 (USD Million)
Table 25 De-Oiled Lecithin Market Size for Convenience Foods, By Region, 2016–2023 (Ton)
Table 26 De-Oiled Lecithin Market Size for Dairy & Frozen Desserts, By Region, 2016–2023 (USD Million)
Table 27 De-Oiled Lecithin Market Size for Dairy & Frozen Desserts, By Region, 2016–2023 (Ton)
Table 28 De-Oiled Lecithin Market Size for Other Food Applications, By Region, 2016–2023 (USD Million)
Table 29 De-Oiled Lecithin Market Size for Other Food Applications, By Region, 2016–2023 (Ton)
Table 30 De-Oiled Lecithin Market Size for Feed, By Region, 2016–2023 (USD Million)
Table 31 De-Oiled Lecithin Market Size for Feed, By Region, 2016–2023 (Ton)
Table 32 De-Oiled Lecithin Market Size for Healthcare, By Region, 2016–2023 (USD Million)
Table 33 De-Oiled Lecithin Market Size for Healthcare, By Region, 2016–2023 (Ton)
Table 34 De-Oiled Lecithin Market Size, By Region, 2016–2023 (USD Million)
Table 35 De-Oiled Lecithin Market Size, By Region, 2016–2023 (Ton)
Table 36 Asia Pacific: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 37 Asia Pacific: De-Oiled Lecithin Market Size, By Source, 2016–2023 (Ton)
Table 38 Asia Pacific: De-Oiled Lecithin Market Size, By Application, 2016–2023 (USD Million)
Table 39 Asia Pacific: De-Oiled Lecithin Market Size, By Application, 2016–2023 (Ton)
Table 40 Asia Pacific: De-Oiled Lecithin Market Size, By Food Application, 2016–2023 (USD Million)
Table 41 Asia Pacific: De-Oiled Lecithin Market Size, By Food Application, 2016–2023 (Ton)
Table 42 Asia Pacific: De-Oiled Lecithin Market Size, By Country, 2016–2023 (USD Million)
Table 43 Asia Pacific: De-Oiled Lecithin Market Size, By Country, 2016–2023 (Ton)
Table 44 China: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 45 India: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 46 Japan: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 47 Australia: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 48 Rest of Asia Pacific: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 49 Europe: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 50 Europe: De-Oiled Lecithin Market Size, By Source, 2016–2023 (Ton)
Table 51 Europe: De-Oiled Lecithin Market Size, By Application, 2016–2023 (USD Million)
Table 52 Europe: De-Oiled Lecithin Market Size, By Application, 2016–2023 (Ton)
Table 53 Europe: Lecithin Market Size, By Food Application, 2016–2023 (USD Million)
Table 54 Europe: Lecithin Market Size, By Food Application, 2016–2023 (Ton)
Table 55 Europe: De-Oiled Lecithin Market Size, By Country, 2016–2023 (USD Million)
Table 56 Europe: De-Oiled Lecithin Market Size, By Country, 2016–2023 (Ton)
Table 57 Ukraine: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 58 Russia: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 59 Italy: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 60 UK: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 61 Germany: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 62 Rest of Europe: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 63 North America: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 64 North America: De-Oiled Lecithin Market Size, By Source, 2016–2023 (Ton)
Table 65 North America: De-Oiled Lecithin Market Size, By Application, 2016–2023 (USD Million)
Table 66 North America: De-Oiled Lecithin Market Size, By Application, 2016–2023 (Ton)
Table 67 North America: De-Oiled Lecithin Market Size, By Food Application, 2016–2023 (USD Million)
Table 68 North America: De-Oiled Lecithin Market Size, By Food Application, 2016–2023 (Ton)
Table 69 North America: De-Oiled Lecithin Market Size, By Country, 2016–2023 (USD Million)
Table 70 North America: De-Oiled Lecithin Market Size, By Country, 2016–2023 (Ton)
Table 71 US: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 72 Canada: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 73 Mexico: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 74 RoW: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 75 RoW: De-Oiled Lecithin Market Size, By Source, 2016–2023 (Ton)
Table 76 RoW: De-Oiled Lecithin Market Size, By Application, 2016–2023 (USD Million)
Table 77 RoW: De-Oiled Lecithin Market Size, By Application, 2016–2023 (Ton)
Table 78 RoW: De-Oiled Lecithin Market Size, By Food Application, 2016–2023 (USD Million)
Table 79 RoW: De-Oiled Lecithin Market Size, By Food Application, 2016–2023 (Ton)
Table 80 RoW: De-Oiled Lecithin Market Size, By Region, 2016–2023 (USD Million)
Table 81 RoW: De-Oiled Lecithin Market Size, By Region, 2016–2023 (Ton)
Table 82 South America: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 83 South America: De-Oiled Lecithin Market Size, By Application, 2016–2023 (USD Million)
Table 84 South America: De-Oiled Lecithin Market Size, By Application, 2016–2023 (Ton)
Table 85 South America: De-Oiled Lecithin Market Size, By Food Application, 2016–2023 (USD Million)
Table 86 South America: De-Oiled Lecithin Market Size, By Food Application, 2016–2023 (Ton)
Table 87 The Middle East & Africa: De-Oiled Lecithin Market Size, By Source, 2016–2023 (USD Million)
Table 88 The Middle East & Africa: De-Oiled Lecithin Market Size, By Application, 2016–2023 (USD Million)
Table 89 The Middle East & Africa: De-Oiled Lecithin Market Size, By Application, 2016–2023 (Ton)
Table 90 The Middle East & Africa: De-Oiled Lecithin Market Size, By Food Application, 2016–2023 (USD Million)
Table 91 The Middle East & Africa: De-Oiled Lecithin Market Size, By Food Application, 2016–2023 (Ton)
Table 92 Top Five Players in the De-Oiled Lecithin Market, 2017
Table 93 Expansions, 2013–2018
Table 94 Agreements, 2013-2017
Table 95 Mergers & Acquisitions, 2014–2017
Table 96 New Product Launches, 2018


List of Figures (40 Figures)

Figure 1 De-Oiled Lecithin Market Segmentation
Figure 2 De-Oiled Lecithin Market, Regional Segmentation
Figure 3 De-Oiled Lecithin Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation Methodology
Figure 8 De-Oiled Lecithin Market Size, By Source, 2018 vs 2023 (USD Million)
Figure 9 De-Oiled Lecithin Market Size, By Application, 2018 vs 2023 (USD Million)
Figure 10 Food: De-Oiled Lecithin Market, By Type, 2018 vs 2023 (USD Million)
Figure 11 De-Oiled Lecithin Market Share (Value), By Region, 2017
Figure 12 De-Oiled Lecithin: an Emerging Market With Promising Growth Potential, 2018–2023 (USD Million)
Figure 13 Confectionery Accounted for the Largest Share in the De-Oiled Lecithin Market Across the Region in 2017
Figure 14 Increasing Demand for Convenience Food, Along With the Rise in Soy Production, Strengthened the Demand for De-Oiled Lecithin in Asia Pacific
Figure 15 Growing Demand for Confectionery Products Led to Food Acquiring the Largest Market Share in 2017
Figure 16 Confectionery Segment Acquired the Largest Market Share Throughout the Forecast Period
Figure 17 De-Oiled Lecithin: Market Dynamics
Figure 18 Fluctuating Raw Material Prices, 2006–2016 (USD/MT)
Figure 19 Supply Chain: De-Oiled Lecithin Industry
Figure 20 Lecithin De-Oiling Process: Acetone Extraction
Figure 21 Soy Segment to Dominate in the De-Oiled Lecithin Market Through 2023
Figure 22 Global Soybean Production, 2012–2016 (Million Ton)
Figure 23 Food is Projected to Be the Largest Segment Through 2023
Figure 24 De-Oiled Lecithin Market for Food, By Sub-Application, 2018 vs 2023 (USD Million)
Figure 25 Milk & Milk Products Trade Volume, By Region, 2013–2015 (Thousand MT)
Figure 26 Global Feed Production, 2012–2017 (Million Metric Ton)
Figure 27 Geographic Snapshot (2017): India is Projected to Be the Fastest-Growing Country-Level Market for De-Oiled Lecithin (2018–2023)
Figure 28 Asia Pacific: De-Oiled Lecithin Market
Figure 29 Europe: De-Oiled Lecithin Market
Figure 30 Key Developments By Leading Players in the De-Oiled Lecithin Market From 2013 to 2018
Figure 31 De-Oiled Lecithin Market Developments, By Growth Strategy, 2013–2018
Figure 32 Cargill: Company Snapshot
Figure 33 Cargill: SWOT Analysis
Figure 34 ADM: Company Snapshot
Figure 35 ADM: SWOT Analysis
Figure 36 Dowdupont: Company Snapshot
Figure 37 Dowdupont: SWOT Analysis
Figure 38 Bunge Limited: Company Snapshot
Figure 39 Bunge Limited: SWOT Analysis
Figure 40 Stern Wywiol Gruppe: SWOT Analysis

The global de-oiled lecithin market is estimated to be valued at USD 156.5 million in 2018 and is projected to reach USD 232.1 million by 2023, at a CAGR of 8.2% during forecast period. The de-oiled lecithin market is driven by the increased demand of lecithin in feed and food applications and rise in the trend toward the consumption of natural ingredients such as de-oiled lecithin in the cosmetics & dietary supplements industry around the globe.

Based on the source, the de-oiled lecithin market has been segmented into soy, sunflower, rapeseed, and egg. The soy segment is estimated to account for the largest share in the de-oiled lecithin market for 2018. It is widely preferred among manufacturers, owing to the sufficient availability of soybean and a cost-effective extraction process. De-oiled soy lecithin is growing in popularity in the feed application and is also being used as a replacement to cocoa butter in the chocolate industry, owing to rise in prices of cocoa butter. Further, increased demand for natural sources in the cosmetic and pharmaceutical industries has boosted the demand for soy-based de-oiled lecithin at a global level.

Based on application, the de-oiled lecithin market has been segmented into feed, food, and healthcare. The food segment is estimated to be the largest segment in 2018, in terms of value; however, the application in the healthcare industry is expected to grow at the highest CAGR through the forecast period, owing to factors such as adoption of natural ingredients by manufacturers in the pharmaceutical and healthcare industries are due to strict regulations and rising demand for herbal and natural nutritional products, which would drive the growth of healthcare applications incorporating de-oiled lecithin. Moreover, the healthcare expenditure is increasing in developing countries such as India, China, Japan, and Brazil, owing to rise in awareness of the benefits of healthy food consumption, ultimately driving the demand for healthcare applications that incorporate de-oiled lecithin.

In 2018, Asia Pacific is estimated to occupy the largest share of the global de-oiled lecithin market, in terms of value and volume. Export opportunities of non-GMO lecithin from countries such as India to the European market are expected to drive the market for de-oiled lecithin in the region. Sonic Biochem Extractions and Shankar Soya Concepts are some of the key players based in India offering non-GMO de-oiled lecithin to the European market. Apart from this, the booming aquaculture industry in China is expected to boost the demand for de-oiled lecithin in the feed segment. On the other hand, the increased demand for personal care products and cosmetics in countries such as Japan and South Korea are expected to the de-oiled lecithin market in the region.

De-oiled Lecithin Market

The concern regarding the use of GMOs is the major factor restraining the growth of the de-oiled lecithin market, globally. Allergen issues associated with soy form a major challenge faced by consumers, impacting the growth of market for de-oiled lecithin. The market is dominated by key players such as DowDuPont (US), Cargill (US), Archer Daniels Midland (US), Bunge Limited (US) and Stern Wywiol Gruppe (Germany). Other players include Lecico GmBH (Germany), American Lecithin Company (US), Lecital (Austria), Lasenor Emul (Spain), GIIAVA (INDIA) PVT. LTD (India), Novastell Essential Ingredients (France), Rasoya Proteins Ltd. (India), Clarkson Grain Company, Inc. (US), Amitex Agro Product Pvt. Ltd. (India) and Austrade Inc. (US).

These leading players have adopted various strategies such as expansions, mergers & acquisitions, and new product launches to explore new and untapped markets, and develop a new customer base for long-term client relationships. This has not only enabled the key players to expand their geographical reach but has also reinforced their market position by gaining a larger share in terms of revenue and product portfolios. Small-scale players have also adopted these strategies to expand their businesses globally by investing in the establishment of manufacturing facilities in various regions. Inorganic growth strategies enable them to improve their technical expertise through intensive R&D infrastructure offered by bigger players.

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