Global Fractionated Lecithin Market Analysis by Source, Form, Product Type, End Use, Region and segments forecast till 2033

Market Overview

The global fractionated lecithin market was worth USD 2,500 million in 2022 and is poised to amplify at a CAGR of 5% over 2023-2033, thereby amassing a valuation of USD 7,900 million by end of the assessment timeframe.

Report Scope

The type of lecithin obtained by increasing the content of individual phospholipid components is referred to as fractionated lecithin. These lecithin components have a high rate of emulsification, dispersion, and humidification. Fractionated lecithin is generally referred to as the by-product of oil extraction and is commonly found in the gums of consumable oils, egg yolk, sunflower oil, and cottonseed, among others. The escalating demand for chemical-free, organic, and nutritious food products is primarily augmenting the outlook of this business sphere.

Furthermore, the rising consumption of lecithin as a food additive and dietary supplement owing to its high nutritional content is creating lucrative opportunities for the marketplace to prosper. Also, the booming nutraceutical industry, growing health cognizance of the masses, and surging technological innovations in the field of lecithin extraction are adding momentum to the progression of this business sphere. Moreover, escalating demand for packaged food & beverages is creating an upward trend for the development of this industry. On the contrary, the lack of standard regulatory approvals pertaining to the use of fractionated lecithin in consumables is hindering the remuneration scope of this market vertical.

There has been a rising prevalence of various chronic and lifestyle diseases across the globe, primarily driven by unhealthy eating habits, pollution levels, and lifestyle changes. This in turn has increased the health consciousness of the masses leading to an escalating demand for nutrient-rich food & beverage items. This in turn has elevated the demand for lecithin-infused consumables which are not only organic in nature but are also known to prevent certain diseases by enhancing the immunity level.

With the growing health awareness of individuals, the nutraceutical industry is gaining massive traction. The masses across the globe have shifted their inclination toward health supplements to enhance their immune system. This in turn is creating lucrative opportunities for the marketplace to prosper.

Source Insights

The Sunflower segment is poised to amass notable share of around 40% over the stipulated timeline owing to the ability of sunflower-based lecithin to reduce cholesterol levels. The demand for sunflower-based fractionated lecithin is driven by factors such as the increasing demand for natural ingredients in food and beverage products, rising health awareness among consumers, and the growing demand for organic and non-GMO products. The market for sunflower-based fractionated lecithin is expected to grow along with the overall lecithin market in the coming years.

Form Insights

The Powder segment is predicted to garner significant returns of around 60% over the forecast period. Within the food and beverage industry, the powder form of lecithin was found to be the most commonly used form due to its ease of handling and mixing with other dry ingredients.

Product Type Insights

The Phosphatidylcholine (PC) Enriched segment is poised to amass notable gains over the stipulated timeline growing at a CAGR of 6.0% during the forecast period.

End Use Insights

The Pharmaceutical segment is slated to register significant gains over the estimated timeline. This is attributable to the wide array of health benefits offered by lecithin-based supplements. Fractionated Lecithin is used in the pharmaceutical industry as an emulsifier and a surfactant. It helps in the formation and stabilization of emulsions and improves the solubility of poorly soluble drugs. Fractionated Lecithin is also used in the manufacturing of liposomal drug delivery systems.

Regional Insights

The major regions constituting the geographical ambit of this business vertical are North America, the Middle East & Africa, Europe, Asia Pacific, and Latin America. Among these, North America is projected to capture a substantial market share over 2023-2033. This is attributable to the rising health cognizance of individuals, the presence of prominent end-use sectors, and rising R&D activities in the field.

Competitive Analysis

The noteworthy companies operating in the market vertical are 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. Some of the recent market developments include:

·         In September 2021, AAK, a Swedish company that specializes in vegetable oils and fats, announced the acquisition of BIC Ingredients, a Belgian supplier of lecithin and phospholipid products. The acquisition is part of AAK's strategy to diversify its product offerings in the lecithin market and expand its presence in Europe.

·         In July 2021, Acesur Group, a leading Spanish food company, acquired a 70% stake in Oléico, a producer of organic olive oil. This acquisition is part of Acesur Group's strategy to expand its presence in the organic food market.

·         In June 2021, Natura Bissé, a Spanish luxury skincare company, announced that it had launched a new line of products called Essential Shock Intense, which contains lecithin among other ingredients. The products are designed to improve skin firmness and hydration.

Global Fractionated Lecithin Market- Segmental Analysis

By Source:

• Soybean

• Sunflower

• Rapeseed

• Others

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

Why to buy this Report?

The report provides quantitative and qualitative aspect for Global Fractionated Lecithin Market in terms of value and volume, along with supporting market trends, challenges, restraints.

The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.

The report provides competitive analysis of around 30-50 companies operated in Global Fractionated Lecithin Market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:

•             Business Model

•             Production Capacity, Revenue, Sales, Gross Margin

•             Key Business Strategy

•             SWOT Analysis

In terms of competitive landscape, the report provides distinctive factors that would help the Card Type in taking a key decision within the business:

•             Company Share Analysis from 2020-2022

•             Company Analysis by Revenue and Sales

•             Company Production Capacity, Gross Margin

•             Company Share Analysis by Card Type/Card Type

•             Company Share Analysis by Product/Specification