The global fractionated lecithin market size is expected to reach USD 3.1 Billion in 2022 and exhibit growth at an astonishing CAGR of 5.0% in the forecast period from 2022 to 2032. Increasing demand for organic, chemical-free, and nutritious food products across the globe is anticipated to drive the sales of fractionated lecithin in future. As per the report, the market is likely to be valued at USD 7.9 Billion in 2032.
| Report Attribute | Details |
|---|---|
| Fractionated Lecithin Market Estimated Base Year Value (2021) | USD 2.4 Billion |
| Fractionated Lecithin Market Expected Market Value (2022) | USD 3.1 Billion |
| Fractionated Lecithin Market Anticipated Forecast Value (2032) | USD 7.9 Billion |
| Fractionated Lecithin Market Projected Growth Rate (2022 to 2032) | 5.0% CAGR |
Fractionated lecithin is obtained by fractionating the lecithin with a solvent, such as ethanol. It is a by-product of oil extraction and is available in the gums of edible oils. Earlier, it was thrown away as waste after the oil extraction process.
Demand for fractionated lecithin is expected to surge at a fast pace in the upcoming years on the back of its rising usage in repelling sticking materials, homogenizing and emulsifying liquid mixtures, as well as smoothing food textures.
Some of the most common sources of lecithin include sunflower oil, milk, egg yolk, cottonseed, rapeseed, soybeans, and marine foods. It is often sold as a dietary supplement and food additive. It is also sometimes utilized as an emulsifier in cooking to prevent sticking.
Moreover, it is considered to be a major source of an essential nutrient named choline as it contains phosphatidylcholines. It is non-toxic and is thus extensively used in food preparation or as a food additive.
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The ongoing expansion of the food processing industry owing to the rising research and development activities is likely to augment the fractionated lecithin market growth in the forthcoming years. Fractionated lecithin is used in this industry to propel the functionality of food products.
The high demand for processed food that has gone through several processes, including pasteurizing, washing, fermenting, or blending to reduce the incidence of foodborne disease is also set to drive the market.
As per the World Health Organization (WHO), every year, nearly one in 10 people worldwide fall ill because of the consumption of contaminated food. The organization further states that more than 300 diseases occur by contaminated food. These numbers are projected to grow at a fast pace in future, thereby pushing sales in the global market.
Though fractionated lecithin is used as a dietary supplement, there is no clinical evidence suggesting the safety and efficacy of the same to enhance milk flow in breast-feeding mothers. The U.S. FDA has also exempted a handful of soy lecithin products from its guidelines associated with allergenic source labeling. These factors may hamper the demand for fractionated lecithin in the evaluation period.
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Increasing number of research and development activities to include fractionated lecithin in food products, especially in developing countries, such as India and China is anticipated to augment the Asia Pacific fractionated lecithin market share.
The rising demand for processed food owing to their numerous benefits, such as preservation of perishable foods and removal of toxins, is likely to accelerate the regional market.
Many organizations are set to conduct research activities in future years to find new uses of fractionated lecithin in the pharmaceutical industry. According to the India Brand Equity Foundation (IBEF), by 2024, the country’s domestic pharmaceutical market is set to reach USD 65 billion. Thus, the high demand for generic medications in India is expected to boost the Asia Pacific market.
The presence of a large number of manufacturers in the U.S. and Canada is projected to expand the North America fractionated lecithin market size in future. The increasing number of bakeries across this region is another vital factor that is likely to bode well for the market.
The growing usage of fractionated lecithin in yeast-leavened bakery products and cakes as a stabilizer and natural emulsifier is anticipated to drive its demand in North America. In addition to this, it’s increasing utilization as a fat replacer, pan release agent, wetting agent, and cake batter stabilizer in bakeries is likely to accelerate the market.
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Some of the leading companies operating in the global fractionated lecithin market include American Lecithin Company, Sime Darby Unimills B.V., Avril Group (Novastell Essential Ingredients), Cargill, Inc., Lipoid GmbH, Blattmann Schweiz AG, Berg + Schmidt GmbH & Co. KG, and Archer Daniels Midland Company among others.
The majority of the renowned companies present in the global market are increasingly focusing on expanding their portfolios by introducing state-of-the-art products.
A few other key players are engaging in mergers & acquisitions, joint ventures, partnerships, and contracts to co-develop innovative products and broaden their manufacturing facilities to cater to the ever-increasing demand from consumers globally.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 5.0% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Source, Form, Product Type, End Use, Region |
| Regions Covered | North America; Latin America; Western Europe; Eastern Europe; APEJ; Japan; Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
| Key Companies Profiled | American Lecithin Company; Sime Darby Unimills B.V.; Avril Group (Novastell Essential Ingredients); Cargill, Inc.; Lipoid GmbH; Blattmann Schweiz AG; Berg + Schmidt GmbH & Co. KG; Archer Daniels Midland Company |
| Customization | Available Upon Request |
The global fractionated lecithin market is anticipated to surpass US$ 7.9 Billion in 2032.
Asia Pacific is set to lead the fractionated lecithin market in the forecast period.
American Lecithin Company, Sime Darby Unimills B.V., Avril Group (Novastell Essential Ingredients), Cargill, Inc., and Lipoid GmbH are some of the renowned companies in the fractionated lecithin market.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. By Source 6.2. By Form 6.3. By Product Type 6.4. By End Use 7. Global Market Analysis and Forecast, By Source 7.1. Soybean 7.2. Sunflower 7.3. Rapeseed 7.4. Others (Egg, Maize) 8. Global Market Analysis and Forecast, By Form 8.1. Powder 8.2. Liquid 9. Global Market Analysis and Forecast, By Product Type 9.1. Phosphatidylcholine (PC) Enriched 9.2. Phosphatidylcholine (PC) Depleted 10. Global Market Analysis and Forecast, By End Use 10.1. Food Processing 10.2. Bakery 10.3. Confectionery 10.4. Dairy 10.5. Soups and Sauces 10.6. Beverages 10.7. Pharmaceuticals 10.8. Personal Care and Cosmetics 11. Global Market Analysis and Forecast, By Region 11.1. North America 11.2. Latin America 11.3. Western Europe 11.4. Eastern Europe 11.5. APEJ 11.6. Japan 11.7. Middle East and Africa 12. North America Sales Analysis and Forecast, by Key Segments and Countries 13. Latin America Sales Analysis and Forecast, by Key Segments and Countries 14. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 16. APEJ Sales Analysis and Forecast, by Key Segments and Countries 17. Japan Sales Analysis and Forecast, by Key Segments and Countries 18. Middle East and Africa Sales Analysis and Forecast, by Key Segments and Countries 19. Sales Forecast by Source, Form, Product Type, and End Use for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. American Lecithin Company 21.2. Sime Darby Unimills B.V. 21.3. Avril Group (Novastell Essential Ingredients) 21.4. Cargill, Inc. 21.5. Lipoid GmbH 21.6. Blattmann Schweiz AG 21.7. Berg + Schmidt GmbH & Co. KG 21.8. Archer Daniels Midland Company
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Fractionated Lecithin Market
