De-Oiled Lecithin Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMFB532 | Last Updated On: Jun 30 2022 | Available Formats

> Global De-Oiled Lecithin Market Expected to reach a high CAGR By 2029: DataM Intelligence

Global De-Oiled Lecithin Market is segmented By Source(Soy, Sunflower, Rapeseed, Egg), By Application(Food & Beverages(Bakery Products/ Confectionary, Convenience Foods, Dairy & Frozen Desserts, Beverages), Animal Feed, Healthcare), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029.

 

Market Overview

The Global De-Oiled Lecithin Market is expected to grow at a high CAGR during the forecasting period (2022-2029).

  • De-oiled Lecithin is lecithin that is free from oil and enriched in phospholipids. It is primarily used as an emulsifier, antioxidant, surfactant, wetting agent, dispersant, instant-ing agent, viscosity modifier, release agent, and lubricant.
  • The market for De-Oiled Lecithin is predicted to experience rapid growth during the forecast period because of its extensive uses and applications.

Market Drivers and Restraints

  • The growing demand for natural food additives and increasing consumer awareness for label-friendly ingredients are the major factors propelling the market.
  • Another factor that is driving the market is the increased demand for lecithin in feed and food products. The rising demand for convenience food will also boost the market for De-oiled Lecithin.
  • Due to the increasing urbanization and disposable income, the need for convenience food products is increasing which in turn drives the demand for De-Oiled Lecithin.
  • The rising concern regarding the use of GMOs (Genetically Modified Organisms) can be a significant factor that can hinder the growth of the market. Also, the allergen issues associated with the consumption of Soy can impact the growth of the industry.

Market Segmentation

  • The Global De-Oiled Lecithin Market report segments the market by source and application. By the source, the De-oiled lecithin market can be segmented as Soybean, Sunflower, Rape-seed, and Egg.
  • The De-oiled Soy Lecithin is the leading segment in this category. De-oiled Soy lecithin is universally used in a broad scope of applications.
  • It is used as an emulsifier, wetting agent, stabilizer, instantizing agent, release agent, antioxidant, and dispersant in various foods & beverages.
  • This can be attributed to the easy & sufficient availability of soybean and also the cost-effective extraction process.
  • De-Oiled Soy lecithin is also gaining popularity in feed applications. Also, due to the increasing prices of Cocoa butter, de-oiled lecithin is being used as a substitute for Cocoa butter in the Chocolate Industry.
  • The market for De-oiled Soy Lecithin is also being boosted by the increasing demand for natural products in the Pharmaceutical and cosmetics industry.
  • Further, the application segment includes Food, Animal Feed, Healthcare, and others. The Food segment can be further sub-segmented as Bakery/confectionery, Convenience Foods, Dairy & Frozen Desserts, and Beverages.

Geographical Share

  • The report segments the market by geographic region which includes North America, South America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is anticipated to hold the largest market share during the forecast period.
  • It is because of the export opportunities of Non-GMO lecithin from countries like India to the European market which will drive the demand for de-oiled lecithin in the region.
  • Shankar Soya Concepts and Sonic Biochem Extractions are some of the key players in India who are offering Non-GMO de-oiled lecithin to the European market.
  • Also, the high growth in industries like food, healthcare in the APAC region will contribute to the growth of the De-Oiled Lecithin Market.
  • The market for Convenience foods in the U.S. is growing continuously because of the increase in disposable income and growth in the working population. Thus, it will propel the market for De-Oiled Lecithin market in this region.

Global De-Oiled Lecithin Companies

  • Some of the prominent players in the Global De-Oiled Lecithin market include ADM, American Lecithin Company, Amitex Agro Product Pvt. Ltd., Austrade Inc., Bunge Limited, Cargill, Clarkson Grain Company, Inc., Dow DuPont, Giiava (India) Pvt. Ltd and Lasenor Emul.

Trending Topics

Dried Blueberries Market

Lecithin and Phospholipids Market

Lecithin Market

Did not find what you were looking for?Every 7 out of 10 customers request tailored reports. Get yours today!
We collate your requirements.
Our global research team is put into action.
We deliver, and make sure your endeavour is a success!

Buy This Report

20% Discount Applied*



Note*: For "Bundle/Bulk" Subscription of Reports,
please contact: [email protected]

Get your free sample proposal with a single click!

linkedinpinterest