Soy Lecithin Market By Form (Granules, Powder, Liquid), By Function (Nutritional Supplements, Emulsifiers, Dispersants, Viscosity Modifiers, Others), By Modification (GM, Non-GM), By End-use Industry (Food & Beverages, Paint Industry, Pharmaceutical, Others) - Growth, Future Prospects And Competitive Landscape, 2018 – 2026

"Growing Concern for Healthy Lifestyle to Aid the Soy Lecithin Market Growth Positively"

The soy lecithin market expected to reach US$ 1.23 Bn in 2026 growing at a CAGR of 5.8% during the forecast period from 2017 to 2026. Soy lecithin is a food additive sourced from soy. It acts as an emulsifier or lubricant when added to food. It is one of the most widely used food additive in the market. One of the most prominent factors aiding the soy lecithin market growth can be attributed to the increasing concern for healthy lifestyle. The demand for nutrient rich foods have been on the high in recent years, a factor driving the soy lecithin market growth. Another prominent factor contributing to the increasing demand for soy lecithin is the fact that despite being derived from soy, it is free from allergens. The allergens are removed from soy lecithin during the manufacturing process. Soy, which is the source for soy lecithin, is widely available and its low price in the international market further supports the soy lecithin market growth. In addition, soy lecithin are increasingly finding application in the both food and non-food verticals. For instance, in the pharmaceutical industry, soy lecithin is used as a stabilizing, wetting and dispersing agent. Similarly, it finds application in the animal feed industry as it is a source of protein and fat. Therefore, multifunctionality in various end-use industries is another important factor favoring the soy lecithin market growth.

Market Synopsis

Soy Lecithin Market

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"The Use of Hexane in the Extraction Process May Cause Health Concerns"

However, challenges in the form health concerns arising from the use of hexane in the extraction process of soy lecithin exist. It may cause dangerous side effects such as headache, dizziness and nausea. The absence of any regulation from the FDA pertaining to hexane residue leftover further adds to the concern. Moreover, rising inclination towards organic food products is another factor restraining the market growth of soy lecithin market. Soy lecithin unless labelled as “organic”, mostly comes from GMO soybeans which might cause allergic reactions and unintended side effects.

Soy Lecithin Market

"Asia Pacific to Emerge as the Fastest Growing Market in Coming Years"

In terms of growth rate, the Asia Pacific market expected to witness the fastest growth during the forecast period from 2018 to 2026. The region was the largest in terms of both production and consumption. India and China are the major markets in the Asia Pacific region. One of the most prominent factors aiding the market growth in the region can be attributed to increasing application of soy lecithin across various industries and in particular the food and beverage industry.

Soy Lecithin Market

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Soy Lecithin Market

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Report Scope by Segments

The report elucidates the detailed outline of global soy lecithin market by categorizing the market in terms of form, function, modification, end-use industry and geography.

Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Billion

 Form (2016–2026; US$ Bn)
 • Granules
 • Powder
 • Liquid

 Function (2016–2026; US$ Bn)
 • Nutritional Supplements
 • Emulsifiers
 • Dispersants
 • Viscosity Modifiers
 • Others

 Modification (2016–2026; US$ Bn)
 • Genetically Modified (GM)
 • Non-Genetically Modified

 End-use Industry (2016–2026; US$ Bn)
 • Food & Beverages
 • Paint Industry
 • Pharmaceutical
 • Others

 Geography Segment (2016–2026; US$ Bn)
 • North America (U.S., Canada)
 • Europe (U.K., Germany, France, Rest of Europe)
 • Asia Pacific (China, Japan, India, Rest of APAC)
 • Rest of the World (Middle East & Africa, Latin America)

Key players profiled in the report include Lipoid GmbH, Archer Daniels Midland Company, American Lecithin Company, Cargill, Bunge Limited, LASENOR EMUL, Ceresking Ecology & Technology Co. Ltd., Ruchi Soya Industries Ltd and Lecico Gmbh among others.

Key questions answered in this report

  • What was the global soy lecithin market size in 2017 and forecast for 2026?
  • What are the current trends in the soy lecithin market?
  • What are the various valuable opportunities for the players in the market?
  • Which is the largest regional market for soy lecithin market?
  • Which region expected to be the fastest growing and why?
  • What are the future prospects for the soy lecithin market?
  • What are the major drivers and restraints influencing the market growth?
  • What are the key strategies adopted by the leading players in market?
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Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
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Published Date:  Mar 2019
Category:  Food & Beverage
Report ID:   59608
Report Format:   PDF
Pages:   120
Rating:    4.2 (49)
Delivery Time: 24 Hours to 48 Hours   
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