Lecithin & Phospholipids Market Forecast (2019 - 2025)

Lecithin & Phospholipids Market Overview

The Lecithin & Phospholipids Market is estimated to grow at a CAGR of 5.8% during the forecast period from 2019 to 2025. Lecithin & phospholipids market growth can be attributed to the rising demand of lecithin in feed and food applications and upcoming trend in consumption of natural ingredient in cosmetics and dietary supplements. Lecithin is a fat which is essential for the cells in the body. Phospholipids are class of lipids that are essential parts of cell membrane. The market size of Lecithin & phospholipids market is estimated to be at $1.12 Billion by 2018.

Key Takeaways

  • Export opportunities for manufacturers in Asia pacific and South American regions has increased due to the growing demand for fluid lecithin from the feed industry in European countries.
  • The market has observed huge demand for de-oiled lecithin owing to nutritional benefits given to the consumers.
  • The trending aquaculture industry in China is expected to boost the demand for lecithin in the feed segment. Rising demand for personal care products and cosmetics in countries such as Japan and South Korea is expected to drive the phospholipids market in the region.
  • All Phospholipids contains Phosphatidylethanolamines, particularly in nerve tissue such as the white matter of brain,  neural tissue, and in spinal cord, where they make up 45% of all phospholipids and used for membrane fusion and in disassembly of the contractile ring. Phosphatidylcholines are a class of phospholipids and a major component of lecithin.

Product Type - Segment Analysis

The Lecithin & phospholipids market is classified by type into Fluid Lecithin, De-Oiled Lecithin and Modified. Fluid lecithin type is more commonly used in the Lecithin & Phospholipids Market. Fluid lecithin is used in paints, varnishes, and textiles. Thus, increased demand in industrial applications is expected to boost sales of fluid lecithin. De-oiled lecithin is used in dietary foods, convenience food, bakery products, and confectionery products.


Source - Segment Analysis

The Lecithin & Phospholipids Market is classified by source into Soy, Sunflower, Rapeseed, Egg and other sources. Sunflower is the key application registering a CAGR of 6.6%. Soy lecithin is growing steadily in the feed application and is also being used as a substitute to cocoa butter in the chocolate industry, due to increase in price of cocoa butter.

Application - Segment Analysis

The Lecithin & phospholipids market is classified by Application into feed, food, Industrial and healthcare. In case of application, feed segment is the largest segment owing to the shift in preference to protein-rich diets in emerging economies like China.

Geography - Segment Analysis

Major regions under study in this report are North America, South America, Europe, APAC and Middle East & Africa. Asia pacific Region is the most dominant region with 38% of the total market share owing to the increased health consciousness, technological advancement especially in packaging, and rising population.


Drivers – Lecithin & Phospholipids Market

·         Rising Applications in different sectors and Need for Alternative Sources

Increasing need for phospholipids in the cosmetic and pharmaceutical industries and the rising need for alternative sources of lecithin are the major factors driving the growth of the lecithin & phospholipids market.

·         Consumer Awareness about Functional food and Health Concerns

The high level of consumer awareness about functional food and growing health concerns among consumers set an ongoing trend for lecithin & phospholipids market.

·         Export opportunities of Non-Gmo lecithin

Export opportunities of non-GMO lecithin from countries such as India to the European market is expected to drive the lecithin market growth in the region.

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Location: United States

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