Global De-oiled Lecithin Market at a CAGR of 20.47% Growth, Trends and Absolute

Posted by ganesha on January 24th, 2020

The company profiles of all the major players and brands that are dominating the market are covered in the report with respect to their moves like product launches, joint ventures, mergers and acquisitions. The Global De-oiled Lecithin market research report also explains in depth description, competitive scenario, product portfolio of key vendors and their business strategies with the help of SWOT analysis and porter's five force analysis. This market report offers an actionable market insight with which sustainable and profitable business strategies can be built. This Global De-oiled Lecithin market report has been prepared by conducting market research in a systematic manner.

Global de-oiled lecithin market is expected to reach USD 385.22 million by 2026 from USD 208.14 million in 2018, at a CAGR of 8.1% in the forecast period 2019 to 2026.

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Segmentation: Global De-oiled Lecithin Market

Global de-oiled lecithin market is segmented into five notable segments such as type, method of extraction, source, form, application.

• On the basis of type, the market is segmented into GMO and non-GMO.

• • In August 2018, Archer Daniels Midland Company announced the opening of their new regional office in China. The office will engage in the flavor and ingredients application, creation, customer innovation center and development. The center will expand the company in Asia-Pacific region to meet the customer needs of food and beverages.
• On the basis of extraction method, the market is segmented into acetone extraction, supercritical carbon dioxide extraction and ultrafiltration process.
  • In March 2018, Cargill, Incorporated introduced de-oiled lecithin of GMO and non-GMO lecithin products. The product will firstly market in the Europe; de-oiled lecithin can help bakery and snacks manufacturers to deliver the recognizable ingredient label to the consumers at affordable price range.
• On the basis of sources, the market is segmented into soy, sunflower, rapeseed and egg.
  • In January 2019, Avril (France) announced the acquisition with the LECICO GmbH. The company acquisition will focus on the development of the lecithin and specialty ingredients for the consumers.
• On the basis of form, the market is segmented into powder and granulated.
  • In June 2018, the company, Clarkson Soy Products LLC (U.S.) changes their copyright name to Clarkson Specialty Lecithins, which was previously engaged in offering certified organic soy lecithin and continue to operation the company offers commercial quantities of soy and sunflower lecithin.
• On the basis of application, the market is segmented into food & beverage, pharmaceuticals, feed, personal care and others. The food & beverage is further sub-segmented into bakery products, convenience foods & beverages, dairy & frozen desserts, confectionery products and others.

• • In December 2016, Cargill, Incorporated expanded their product portfolio by introducing emulsifiers with the addition of de-oiled canola lecithin. The product canola lecithin helps the food manufacturers and used in the organic products with less food allergen.

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GROWTH IN DEMAND FOR DE-OILED LECITHINES IN VARIOUS FOOD APPLICATIONS

There is substantially increase in demand for convenience foods over the past several years as convenience foods have become staple of a typical diet. Whereas In food lecithin is also used in animal feeds as a nutritional ingredient, emulsifier, and wetting aid in calf milk replacers, pet foods, and many other types of feeds required high fat and oil contents.

Growing demand for De-oiled Lecithin market is fulfilled by some companies who are manufacturing lecithin products.

• In March 2018, Cargill (U.S.) launched de-oiled lecithin products range that completes its portfolio of GMO and non-GMO lecithin products. With this launch of product the company has fulfilled the growing demand from consumers for label-friendly ingredients.

INCREASE IN ACCEPTANCE OF SUNFLOWER-BASED LECITHIN

Due to better properties and benefits the sun flower lecithin is more accepted by people as it is more non-GMO and less allergenic. There are companies launching such products with benefits in market and they are:

• In September 2018, Sun Nutrafoods (India) launched Sunflower Lecithin with a new brand SUNTHIN. The Sunflower Lecithin produced by the company is 100% Non-GMO and Allergen Free and hence it is giving clean label their customers.
• In July 2018, Bunge Loders Croklaan (U.S.) launched sunflower lecithin. This product is a Non-GMO Project Verified ingredient that has application area such as food and beverages and it includes crystallization control, emulsification and others.

Competitive Analysis: Global De-oiled Lecithin Market

Some of the prominent players operating in this market are Cargill, Incorporated, Archer Daniels Midland Company, LECICO GmbH, Lecital, Austrade Inc., Clarkson Grain, GIIAVA, Bunge Limited, LASENOR EMUL, S.L., Amitex Agro Product Pvt. Ltd., American Lecithin Company, Clarkson Grain, Stern-Wywiol Gruppe, Novastell, DUPONT and others.

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