Soy lecithin is a by-product of soybean processing, produced by further manufacturing of crude soy oil. Lecithin is the gummy material contained in crude vegetable oils and removed by a degumming processing.
Soybeans are by far the most important source of commercial lecithin, and lecithin is the most important by-product of the soy oil processing industry because of its many applications in foods and industrial products. Soy lecithin is an excellent source of phospholipids, or phosphatides, for aqua feeds.
Phospholipids are the molecules that make up cell membranes.
The three main phosphatides in commercial soy lecithin are phosphatidyl choline (also called "pure" or "chemical" lecithin to distinguish it from the natural mixture), phosphatidyl ethanolamine (popularly called "cephalin"), and phosphatidyl inositols (also called inositol phosphatides). Commercial soy lecithin also typically contains roughly 30%-35% unrefined soy oil. Because it’s readily available from plentiful soybean crops all over the world, it’s the cheapest and easiest type of lecithin to mass manufacture.
The soy lecithin industry concentration is high; there are a few major manufacturers in the world such as Cargill, Danisco, ADM, Lipoid, Jiusan Group and Ruchi Soya etc., whose production is estimated to take account for 57.16% in 2015. And they are mainly distributed in North America, EU, India and China. Soy lecithin industry has long history since 1840s.
The soy lecithin market has been growing at a stable rate since the last few years. The multi-function properties are fueling the growth of the market which increasing the level of consumer awareness and growing demand for functional foods, supplements and convenient end-use products. The market is not only growing in North America, but also in the developing economies, especially the China and India region. The market growth in ROW (Rest of World) is expected to rise, but continues to hold a minor share in the global soy lecithin market.
According to this study, over the next five years the Soy Lecithin market will register a 3.0% CAGR in terms of revenue, the global market size will reach US$ 1790 million by 2024, from US$ 1500 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Soy Lecithin business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Soy Lecithin market by product type, application, key manufacturers and key regions and countries.
This study considers the Soy Lecithin value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Unrefined or natural lecithin
Refined lecithin
Chemically modified lecithin products
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food grade
Pharma grade
Feed grade
Industrial grade
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Cargill
Danisco
ADM
Lipoid
Ruchi Soya
Bunge
AGD
Lasenor Emul
Caramuru
Shankar Soya Concepts
Denofa
Lucas Meyer
Marathwada Chemical
Jiusan Group
Shandong Bohi Industry
Hexiyuan Soya Lecithin
Qinhuangdao Glodensea Industris (Wilmar)
Beijing Yuan Hua Mei Lecithin Sci-Tech
Gushen Biological Technology Group
Siwei Phospholipid
Merya's Lecithin
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Soy Lecithin consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Soy Lecithin market by identifying its various subsegments.
Focuses on the key global Soy Lecithin manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Soy Lecithin with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Soy Lecithin submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Soy Lecithin . Industry analysis & Market Report on Soy Lecithin is a syndicated market report, published as Global Soy Lecithin Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Soy Lecithin market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.