De-oiled Lecithin Market by Source, Application, and Region - 2023

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MarketsandMarkets Presents
De-oiled Lecithin Market - Forecast to 2023
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The report "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", The 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 the
forecast period. The market is driven by factors
such rise in clean label food, increase in demand
of trans-fatty acid and healthy snacking, and the
replacement of artificial and synthetic
emulsifier with natural and eco-friendly
emulsifiers such as de-oiled lecithin in various
different regions. Browse 96 market data Tables
and 40 Figures spread through 157 Pages and
in-depth TOC on "De-oiled Lecithin Market -
Global Forecast to 2023 Asia Pacific is
estimated to account for the largest share of the
de-oiled lecithin market in 2018. In 2018, Asia
Pacific is estimated to account for the largest
share of the de-oiled lecithin market. Factors
such as availability of prominent sources such as
soy within the region, increase in awareness
toward the benefits of healthy food and feed,
growth in demand for non-allergic and organic
food, rise in meat consumption, growth of the
aquaculture industry, and high investment growth
in the pharma and personal care industry have
boosted the demand for de-oiled lecithin market
in the Asia Pacific region. Furthermore, the
growing adoption of a premium lifestyle with
quality food and increase in animal husbandry
also fuel the de-oiled lecithin market growth in
this region. Download PDF Brochure
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• The years considered for the study are as
  follows
• Base year 2017
• Forecast period 20182023
• Objectives of the study are as follows
• 1. 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
• 2. Competitive Intelligence
• Identifying and profiling key market players in
  the de-oiled lecithin market
• 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

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The food segment is estimated to account for the
largest share of the de-oiled lecithin market in
2018. Increase in health-conscious consumers due
to hike in obesity cases in developed regions
such as North America and Europe are expected to
drive the demand for de-oiled lecithin in the
food applications. Further, Asian countries such
as China and India are witnessing an increase in
demand for healthy and less fatty functional food
among consumers in the region. The demand for
food products such as sugar confectionery,
chocolates, and convenient foods is estimated to
increase in the region, subsequently driving the
growing demand for de-oiled lecithin. In
addition, the population in European and North
American countries are facing health issues such
as weight gain and obesity. This leads to a shift
toward less oily and healthy food ingredients,
thus providing a lucrative opportunity for
de-oiled lecithin manufacturers for food. The
soybean source is estimated to account for the
largest share of the de-oiled lecithin market in
2018. In terms of volume, the source segment is
estimated to account for the largest share of the
de-oiled lecithin market in 2018. The demand for
soy de-oiled lecithin is expected to increase at
a significant rate in animal feed applications,
owing to low cost when compared to other types of
de-oiled lecithin, which helps reduce the over
feed cost and increase yield, especially in
developing and emerging countries. Further, the
European Food Safety Authority has authorized the
use of de-oiled lecithin as feed additives for
all animal species boosting the demand for soy
de-oiled lecithin in the region. Request
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The confectionery food application is estimated
to account for the largest share of the de-oiled
lecithin market in 2018. The confectionery
products segment is estimated to be the largest
segment in 2018, with USD 34.6 million. De-oiled
lecithin is a vital ingredient in chocolate
processing. It provides viscosity control,
shortens the processing time, and increases the
processing stability during the manufacturing of
chocolate. Initially, chocolate manufacturers
were reluctant to use de-oiled lecithin, as it
had to be declared with an E-number under the EU
law. However, the rise in prices of cocoa butter
has urged manufacturers to shift to de-oiled
lecithin as a suitable and cost-effective
substitute. Further, in Asia Pacific, China is
expected to create lucrative opportunities for
manufacturers. Increase in demand for
high-quality chocolate is expected to create a
robust opportunity, especially for European
manufacturers to expand in the country. Thus,
de-oiled lecithin is expected to gain immense
popularity among chocolate manufacturers in the
coming years, owing to its verticality in the
chocolate industry, thus making confectionery the
largest market for de-oiled lecithin application,
providing potential growth opportunities for its
growth in future as well. This report includes a
study of the marketing and development
strategies, along with the product portfolios of
the leading companies. It includes the profiles
of leading companies 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). Speak to Analyst https//www.marketsandma
rkets.com/speaktoanalystNew.asp?id89222733 
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