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

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

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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. Read more @ – PowerPoint PPT presentation

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


1
MarketsandMarkets Presents
De-oiled Lecithin Market- Global Forecast 2023
https//www.marketsandmarkets.com/Market-Reports/d
e-oiled-lecithin-market-89222733.html
2
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" 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). Download PDF Brochure
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id89222733
3
The years considered for the study are as
follows Base year 2017 Forecast period
20182023 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. Make an
Inquiry https//www.marketsandmarkets.com/Enquiry
_Before_BuyingNew.asp?id89222733
4
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. 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. Request Sample https//www.marketsa
ndmarkets.com/requestsampleNew.asp?id89222733
5
Contact Us
Contact Mr. Shelly Singh MarketsandMarkets
INC.  630 Dundee Road  Suite 430  Northbrook, IL
60062  USA 1-888-600-6441  Email
sales_at_marketsandmarkets.com Blog _at_
http//www.marketsandmarketsblog.com/market-report
s/food-and-beverage Connect with us on LinkedIn _at_
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6
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