Global Soybean Lecithin Market Growth 2023-2029

Global Soybean Lecithin Market Growth 2023-2029

Soy lecithin is a by-product of soybean processing, produced by further manufacturing of crude soy oil. Lecithin is the gummy material contained in crude vegetable oils and removed by a degumming processing. Soybeans are by far the most important source of commercial lecithin, and lecithin is the most important by-product of the soy oil processing industry because of its many applications in foods and industrial products. Soy lecithin is an excellent source of phospholipids, or phosphatides, for aqua feeds.

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

This Insight Report provides a comprehensive analysis of the global Soybean 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 Soybean Lecithin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Soybean Lecithin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Soybean 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 Soybean Lecithin.

The global Soybean Lecithin market size is projected to grow from US$ 1131.3 million in 2022 to US$ 1503.8 million in 2029; it is expected to grow at a CAGR of 1503.8 from 2023 to 2029.

The major players in global Soy Lecithin market include Cargill, Danisco, ADM, etc. The top 3 players occupy about 25% shares of the global market. Asia Pacific and Europe are main markets, they occupy about 70% of the global market. Fluid Lecithin is the main type, with a share about 90%. Feed is the main application, which holds a share about 55%.

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

Market Segmentation:

Segmentation by type
Raw Soybean Lecithin
Refined Soybean Lecithin

Segmentation by application
Food & Beverages
Cosmetics
Pharmaceuticals
Industrial

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.
Cargill
ADM
Dupont
Lecico Gmbh
Lipoid Gmbh
Wilmar International Limited
Sentosa
Stern Wywiol Gruppe
Ruchi Soya Industries Limited
Vav Life Sciences Pvt. Ltd.
Tsuji Oil Mill
Meryas
American Lecithin Company
Soya International

Key Questions Addressed in this Report

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

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

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

How do Soybean Lecithin market opportunities vary by end market size?

How does Soybean 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.