The global fractionated lecithin market size is expected to reach US$ 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 US$ 7.9 Billion in 2032.
Report Attribute
Details
Fractionated Lecithin Market Estimated Base Year Value (2021)
US$ 2.4 Billion
Fractionated Lecithin Market Expected Market Value (2022)
US$ 3.1 Billion
Fractionated Lecithin Market Anticipated Forecast Value (2032)
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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Is the Food Processing Industry Pushing the Fractionated Lecithin Market Growth?
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.
Which Factors May Hinder the Fractionated Lecithin Market Growth?
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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How is the Pharmaceutical Industry Augmenting the Asia Pacific Fractionated Lecithin Market?
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 US$ 65 billion. Thus, the high demand for generic medications in India is expected to boost the Asia Pacific market.
Is the Bakery Industry Influencing the North America Fractionated Lecithin 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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Market Competition
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 Scope
Report Attribute
Details
Growth Rate
CAGR of 5.0% from 2022 to 2032
Base Year for Estimation
2021
Historical Data
2015 - 2020
Forecast Period
2022 - 2032
Quantitative Units
Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032
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
U.S
Canada
Brazil
Argentina
Germany
U.K
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
Key Segments Profiled in the Fractionated Lecithin Industry Survey
By Source:
Soybean
Sunflower
Rapeseed
Others (Egg, Maize)
By Form:
Powder
Liquid
By Product Type:
Phosphatidylcholine (PC) Enriched
Phosphatidylcholine (PC) Depleted
By End Use:
Food Processing
Bakery
Confectionery
Dairy
Soups and Sauces
Beverages
Pharmaceuticals
Personal Care and Cosmetics
By Region:
North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East and Africa
Frequently Asked Questions
What is the sales forecast for fractionated lecithin in the global market until 2032?
The global fractionated lecithin market is anticipated to surpass US$ 7.9 Billion in 2032.
Which region is set to lead the fractionated lecithin market?
Asia Pacific is set to lead the fractionated lecithin market in the forecast period.
Which are some of the renowned companies in the fractionated lecithin market?
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.
