Global Organic Soy Lecithin Market Growth 2023-2029

Global Organic Soy Lecithin Market Growth 2023-2029

Lecithin is one of those mysterious, but common, ingredients found on the label of many packaged foods. It's an essential emulsifier that helps blend ingredients that don't naturally mix. Due to the lack of adequate organic sources of soy lecithin, the USDA allowed the use of non-organic sources when it drafted the national organic standards in 2002.

To be labeled "ORGANIC," and to carry the USDA organic seal, food has to be made up of 95% organic ingredients. The only non-organic ingredients are ones that are unavailable organically and cannot make up more than 5% of the product. NOP rules allow the use of 5% non-organic ingredients if sufficient quantities of organic alternatives are not available. At present, 100% and 95% organic soy lecithin are common types.

The Commission Implementing Regulation (EU)2016/673 determined that “Lecithin derived from organic raw material is available on the market, but appropriate qualities of such lecithin are needed for most of the uses in the organic food processing industry. The appropriate qualities for the organic food production are currently not available in sufficient quantities. Taking account of the temporary lack of the different qualities of the organic lecithin needed for the organic production of food, it should be provided that during a transitional period of 3 years lecithin not derived from organic raw material may be used in the production of organic food“.

LPI (LP Information)' newest research report, the “Organic Soy Lecithin Industry Forecast” looks at past sales and reviews total world Organic Soy Lecithin sales in 2022, providing a comprehensive analysis by region and market sector of projected Organic Soy Lecithin sales for 2023 through 2029. With Organic Soy Lecithin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Organic Soy Lecithin industry.

This Insight Report provides a comprehensive analysis of the global Organic Soy Lecithin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Organic Soy Lecithin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Organic Soy Lecithin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Organic Soy Lecithin and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Organic Soy Lecithin.

The global Organic Soy Lecithin market size is projected to grow from US$ 51 million in 2022 to US$ 81 million in 2029; it is expected to grow at a CAGR of 81 from 2023 to 2029.

North America occupied the largest market share with about 50%. It was followed by Europe with 40%. Clarkson Soy Products was the global largest manufacturer in Organic Soy Lecithin industry, accounted for nearly 40% market share, followed by Lecico, Lipoid Fismer, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Organic Soy Lecithin market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Fluid Organic Lecithins

De-oiled Organic Lecithin Powders

Segmentation by application

Infant Formula

Baking-Pan Release

Cakes

Pet Food

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Clarkson Soy Products

Lecico

Lipoid

Fismer

Organic Factory

Lasenor

Key Questions Addressed in this Report

What is the 10-year outlook for the global Organic Soy Lecithin market?

What factors are driving Organic Soy Lecithin market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Organic Soy Lecithin market opportunities vary by end market size?

How does Organic Soy Lecithin break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.