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Lecithin Market Share

Report ID: GMI2875
Published Date: Sep 2024
Report Format: PDF

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Lecithin Market Share

The companies are focusing on expanding their product portfolios, investing in sustainable lecithin production, and forming strategic partnerships to strengthen their market presence.

Lecithin Market Companies

The competitive landscape of the lecithin industry includes some of the leading enterprises, such as,

GIIAVA
Sternchemie Gmbh & Co.KG
Ruchi Soya
LECICO
Thew Arnott & Co. Ltd
Wilmar International
Archer Daniels Midland (ADM)
LEKITHOS
Bunge Limited
Sodrugestvo
American Lecithin Company (ALC)
Cargill
International Flavors & Fragrances (IFF)
SOYA International
DowDuPont
Lipoid GmbH

Authors: Kunal Ahuja, Tushar Malkani

Frequently Asked Questions (FAQ) :

The market size of lecithin reached USD 2.3 billion in 2023 and is set to expand at 4.3% CAGR from 2024 to 2032, led by increasing demand for natural emulsifiers in the food and beverage sector and the rising trend of clean-label products.

Demand for soy lecithin is anticipated to be worth over USD 2.5 billion by 2032, driven by its widespread use in food and beverage applications due to its effective emulsifying properties.

The food and beverages application segment is poised to register over 6.1% CAGR through 2032, propelled by the rising demand for processed and convenience foods.

Asia Pacific market is projected to amass more than USD 1.5 billion by 2032, driven by increasing demand for lecithin in the food and beverage industry, particularly in countries like China and India, where processed food consumption is on the rise.