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Industrial Lecithin Market by Type (Soy [GMO & Non-GMO], Rapeseed/Canola, Sunflower, Egg Yolk) by Distribution Channel (Agricultural spraying, Coatings, Inks & Paints, Industrial drilling, Leather Textiles)- Growth, Future Prospects And Competitive Analysis, 2016 – 2028

Name: Industrial Lecithin Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2022-03-07
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Industrial Lecithin Market

Summary
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Market Insights

Lecithin is used in various industries, including food & beverage, pharmaceutical, and cosmetics. Fats and water are attracted to the amphiphilic characteristic of Lecithin, a lipid group. Egg yolks, soybeans, sunflower seeds, and other commercial sources are all sources of Lecithin. Lecithin is commonly employed for its unique properties, such as smoothening food textures, dissolving particles, repelling sticky substances, homogenizing liquid mixes, and acting as an emulsifier and stabilizing agent. Food manufacturers use commercial Lecithin, a mixture of phospholipids and oil obtained from extracting oil from seeds. The most significant source of Lecithin is soybean oil, and the exact mix of phospholipids depends on the origin and location of the Lecithin. Soy [GMO & Non-GMO], Rapeseed/Canola, Sunflower, and Egg Yolk are primary raw materials sources for the production of Lecithin.

Food & Beverage

The global Industrial Lecithin market is expected to witness a CAGR of 9.07% during the forecast period. The revenue generated by the global Industrial Lecithin market in 2021 was over USD 246.14 million and is expected to generate revenue worth USD 455.95 million in 2028. Therefore, the incremental growth opportunity offered by the global Industrial Lecithin is estimated to be USD 2.47 billion between 2022 and 2028.

Interesting Facts about Industrial Lecithin Industry

Lecithin naturally occurs in animal & plant tissue.
Lecithin can be used in wide-ranging applications, including food, pharma, agricultural, animal feed, personal care, and industrial applications.
S., UK, Germany, and France dominate the Lecithin demand
China, India, South Korea, and Japan are expected to proliferate.
Soy is the primary source of Lecithin.

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The abundance of Raw Materials

There has been a constant growth of available raw materials used to manufacture Lecithin over the past few years, fuelling the development of the industrial lecithin market. The homogenizing properties that lecithin exhibits have also been growing the demand for Lecithin in the industrial food industry. Lecithin is also multifunctional and modifiable, boosting its demand in various end-use industries. Also, there has been a rising demand for natural, organic, and non-GMO Lecithin worldwide.

Impact of Covid-19 on the Industrial Lecithin Market

The impact of Covid-19 was felt heavily in the lecithin market. The constant closures and lockdowns of manufacturing plants globally slowed down the industrial lecithin market considerably. Covid-19 affected the market heavily due to the disruptions in the supply chains and markets also.

However, the one good thing for the industrial lecithin market is the relaxation of labeling requirements by the Food and Drug Administration for ingredients like soy lecithin. Soy Lecithin is no longer required by the FDA to be labeled as an allergen anymore, bringing back balance to the lecithin industry.

Growing Demand in Various Industrial Applications

Agricultural spraying, Coatings, Inks & Paints, Industrial drilling, and Leather Textiles are major application markets for Lecithin. Lecithin is increasingly being used in the manufacturing of paints, coatings, and inks as they impart various important physical and chemical properties to end-products. Hence, paints & coating, and inks accounted for over 35% share in 2021. While leather textile and industrial drilling applications also held a significant stake in the global lecithin market in 2021.

There is also an increased demand for Lecithin in the health and wellness markets due to the growing awareness of Lecithin’s health benefits among the general population. As a result, the actual population’s use of lecithin products for preventative and therapeutic purposes has grown globally.

Constant Price Fluctuations of The Raw Materials

The most significant restraint on the industrial lecithin market is the constant price fluctuations of the raw materials used to produce Lecithin. There has been an increase in the price fluctuations of natural materials like oilseeds due to the Covid-19 pandemic, the changing global climate, and political instability, which could cause issues with matching the supply and demand of the lecithin industry.

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Another expected significant restraint is the growing worries of the general population about genetically modified products. For example, using genetically modified soybeans in lecithin manufacturing is a cause of considerable concern for the average consumer. Also, even though the FDA has recently eased the labeling regulations of Lecithin, there is still concern about other laws and regulations related to genetically modified Lecithin. Recently, the excessive intake of soy lecithin has also been associated with various health issues.

There is increasing demand for Lecithin in North America and Europe. ADM, American Lecithin Company, Bunge Ltd., Cargill, DuPont, Giiava, Lecilite, Lipoid GmbH, NOW Foods, Sternchemie GmbH & Co. KG, and Thew Arnott & Co., Ltd are some of the major players operating in the global Industrial Lecithin market.

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Industrial Lecithin Market

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Industrial Lecithin Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Source
3.3.2. Application
3.3.3. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Sources
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Top 6 Players
4.3. Top 3 Players
4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis
5.1. Global Industrial Lecithin Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply

6. North America
6.1. North America Industrial Lecithin Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Industrial Lecithin Market, by Source, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. Soy [GMO & Non-GMO]
6.2.3. Rapeseed/Canola
6.2.4. Sunflower
6.2.5. Egg Yolk
6.3. North America Industrial Lecithin Market, by Application, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Agricultural spraying
6.3.3. Coatings, Inks & Paints
6.3.4. Industrial drilling
6.3.5. Leather Textiles

7. Europe
7.1. Europe Industrial Lecithin Market, by Country, 2016-2028(US$ Bn)
7.1.1. UK
7.1.2. France
7.1.3. Germany
7.1.4. Italy
7.1.5. Russia
7.1.6. Spain
7.1.7. Belgium
7.1.8. Netherland
7.1.9. Austria
7.1.10. Sweden
7.1.11. Poland
7.1.12. Denmark
7.1.13. Switzerland
7.1.14. Rest of Europe
7.2. Europe Industrial Lecithin Market, by Source, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Soy [GMO & Non-GMO]
7.2.3. Rapeseed/Canola
7.2.4. Sunflower
7.2.5. Egg Yolk
7.3. Europe Industrial Lecithin Market, by Application, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Agricultural spraying
7.3.3. Coatings, Inks & Paints
7.3.4. Industrial drilling
7.3.5. Leather Textiles

8. Asia Pacific
8.1. Asia Pacific Industrial Lecithin Market, by Country, 2016-2028(US$ Bn)
8.1.1. China
8.1.2. Japan
8.1.3. South Korea
8.1.4. India
8.1.5. Australia
8.1.6. New Zealand
8.1.7. Taiwan
8.1.8. Southeast Asia
8.1.9. Central Asia
8.1.10. Rest of Asia Pacific
8.2. Asia Pacific Industrial Lecithin Market, by Source, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. Soy [GMO & Non-GMO]
8.2.3. Rapeseed/Canola
8.2.4. Sunflower
8.2.5. Egg Yolk
8.3. Asia Pacific Industrial Lecithin Market, by Application, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. Agricultural spraying
8.3.3. Coatings, Inks & Paints
8.3.4. Industrial drilling
8.3.5. Leather Textiles

9. Latin America
9.1. Latin America Industrial Lecithin Market, by Country, 2016-2028(US$ Bn)
9.1.1. Brazil
9.1.2. Argentina
9.1.3. Peru
9.1.4. Chile
9.1.5. Colombia
9.1.6. Rest of Latin America
9.2. Latin America Industrial Lecithin Market, by Source, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. Soy [GMO & Non-GMO]
9.2.3. Rapeseed/Canola
9.2.4. Sunflower
9.2.5. Egg Yolk
9.3. Latin America Industrial Lecithin Market, by Application, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. Agricultural spraying
9.3.3. Coatings, Inks & Paints
9.3.4. Industrial drilling
9.3.5. Leather Textiles

10. Middle East
10.1. Middle East Industrial Lecithin Market, by Country, 2016-2028(US$ Bn)
10.1.1. UAE
10.1.2. KSA
10.1.3. Israel
10.1.4. Turkey
10.1.5. Iran
10.1.6. Rest of Middle East
10.2. Middle East Industrial Lecithin Market, by Source, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. Soy [GMO & Non-GMO]
10.2.3. Rapeseed/Canola
10.2.4. Sunflower
10.2.5. Egg Yolk
10.3. Middle East Industrial Lecithin Market, by Application, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. Agricultural spraying
10.3.3. Coatings, Inks & Paints
10.3.4. Industrial drilling
10.3.5. Leather Textiles

11. Africa
11.1. Africa Industrial Lecithin Market, by Country, 2016-2028(US$ Bn)
11.1.1. South Africa
11.1.2. Egypt
11.1.3. Nigeria
11.1.4. Rest of Africa
11.2. Africa Industrial Lecithin Market, by Source, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. Soy [GMO & Non-GMO]
11.2.3. Rapeseed/Canola
11.2.4. Sunflower
11.2.5. Egg Yolk
11.3. Africa Industrial Lecithin Market, by Application, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. Agricultural spraying
11.3.3. Coatings, Inks & Paints
11.3.4. Industrial drilling
11.3.5. Leather Textiles

12. Global
12.1. Global Industrial Lecithin Market, by Source, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. Soy [GMO & Non-GMO]
12.1.3. Rapeseed/Canola
12.1.4. Sunflower
12.1.5. Egg Yolk
12.2. Global Industrial Lecithin Market, by Application, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. Agricultural spraying
12.2.3. Coatings, Inks & Paints
12.2.4. Industrial drilling
12.2.5. Leather Textiles

13. Company Profiles
13.1. ADM
13.2. American Lecithin Company
13.3. Bunge Ltd.
13.4. Cargill
13.5. DuPont
13.6. Giiava
13.7. Lecilite
13.8. Lipoid GmbH
13.9. NOW Foods
13.10. Sternchemie GmbH & Co. KG
13.11. Thew Arnott & Co., Ltd.
13.12. Others

List of Figures

FIG. 1 Global Industrial Lecithin Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Industrial Lecithin Market Segmentation
FIG. 4 Global Industrial Lecithin Market, by Source, 2019 (US$ Bn)
FIG. 5 Global Industrial Lecithin Market, by Application, 2021 (US$ Bn)
FIG. 6 Global Industrial Lecithin Market, by Geography, 2021 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2021
FIG. 8 Global Market Positioning of Key Industrial Lecithin Market Manufacturers, 2019
FIG. 9 Global Industrial Lecithin Market Value Contribution, By Source, 2021 & 2028 (Value %)
FIG. 10 Global Industrial Lecithin Market, by Soy [GMO & Non-GMO], Value, 2016-2028 (US$ Bn)
FIG. 11 Global Industrial Lecithin Market, by Rapeseed/Canola, Value, 2016-2028 (US$ Bn)
FIG. 12 Global Industrial Lecithin Market, by Sunflower, Value, 2016-2028 (US$ Bn)
FIG. 13 Global Industrial Lecithin Market, by Egg Yolk, Value, 2016-2028 (US$ Bn)
FIG. 14 Global Industrial Lecithin Market Value Contribution, By Application, 2021 & 2028 (Value %)
FIG. 15 Global Industrial Lecithin Market, by Agricultural spraying, Value, 2016-2028 (US$ Bn)
FIG. 16 Global Industrial Lecithin Market, by Coatings, Inks & Paints, Value, 2016-2028 (US$ Bn)
FIG. 17 Global Industrial Lecithin Market, by Industrial drilling, Value, 2016-2028 (US$ Bn)
FIG. 18 Global Industrial Lecithin Market, by Leather Textiles, Value, 2016-2028 (US$ Bn)
FIG. 19 U.S. Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 20 Rest of North America Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 21 U.K. Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 22 Germany Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 23 France Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 24 Italy Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 25 Spain Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 26 Russia Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 27 BENELUX Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 28 Poland Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 29 Austria Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 30 Rest of Europe Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 31 Japan Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 32 China Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 33 India Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 34 South Korea Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 35 Australia Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 36 Southeast Asia Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 37 Rest of Asia Pacific Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 38 Middle East & Africa Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 39 South Africa Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 40 Nigeria Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 41 Egypt Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 42 GCC Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 43 Israel Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 44 Latin America Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 45 Mechanicalzil Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 46 Argentina Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 47 Colombia Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 48 Peru Industrial Lecithin Market, 2016-2028 (US$ Bn)
FIG. 49 Chile Industrial Lecithin Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Beauty Devices (Industrial Lecithin) Market
TABLE 2 Global Industrial Lecithin Market, by Source, 2016-2028 (US$ Bn)
TABLE 3 Global Industrial Lecithin Market, by Application, 2016-2028 (US$ Bn)
TABLE 4 Global Industrial Lecithin Market, by Geography, 2016-2028 (US$ Bn)
TABLE 5 North America Industrial Lecithin Market, by Source, 2016-2028 (US$ Bn)
TABLE 6 North America Industrial Lecithin Market, by Application, 2016-2028 (US$ Bn)
TABLE 7 North America Industrial Lecithin Market, by Country, 2016-2028 (US$ Bn)
TABLE 8 Europe Industrial Lecithin Market, by Source, 2016-2028 (US$ Bn)
TABLE 9 Europe Industrial Lecithin Market, by Application, 2016-2028 (US$ Bn)
TABLE 10 Europe Industrial Lecithin Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 11 Asia Pacific Industrial Lecithin Market, by Source, 2016-2028 (US$ Bn)
TABLE 12 Asia Pacific Industrial Lecithin Market, by Application, 2016-2028 (US$ Bn)
TABLE 13 Asia Pacific Industrial Lecithin Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 14 Latin America Industrial Lecithin Market, by Source, 2016-2028 (US$ Bn)
TABLE 15 Latin America Industrial Lecithin Market, by Application, 2016-2028 (US$ Bn)
TABLE 16 Latin America Industrial Lecithin Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 17 Middle East Industrial Lecithin Market, by Source, 2016-2028 (US$ Bn)
TABLE 18 Middle East Industrial Lecithin Market, by Application, 2016-2028 (US$ Bn)
TABLE 19 Middle East Industrial Lecithin Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 20 Africa Industrial Lecithin Market, by Source, 2016-2028 (US$ Bn)
TABLE 21 Africa Industrial Lecithin Market, by Application, 2016-2028 (US$ Bn)
TABLE 22 Africa Industrial Lecithin Market, by Country/Region, 2016-2028 (US$ Bn)

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Frequently Asked Questions

How COVID 19 Impacted Industrial Lecithin Market?

Likewise other industries, COVID 19 also taken a toll on Industrial Lecithin market with around 11.43% decline in its revenue in 2020 as compare to 2019

Which is the leading regional market for Industrial Lecithin?

Europe is the largest regional market with highest share in the total volume of Industrial Lecithin consumed in 2021

What is the major growth driving factors for global Industrial Lecithin market?

Growing demand in paints, coatings and ink application is driving the demand for Industrial Lecithin

Which is major segment in Industrial Lecithin market by Source?

Soy [GMO & Non-GMO] segment dominated the Industrial Lecithin market in 2021 with over 55% share

Which is major segment in Industrial Lecithin market by application?

Coatings, Inks & Paints segment was the largest application of Industrial Lecithin in 2021 with over 35% share

About Author

Rajdeep Kumar Deb

Lead Analyst – Consumer & Finance

Rajdeep brings a decade of consumer goods and financial services insight to strategic market analysis.

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