Increasing Demand of Trans-Fatty Acid and Healthy Snacking Driving the De-oiled Lecithin Market
The De-oiled Lecithin Market is estimated to be valued at USD 156. 5 million in 2018 and is projected to reach USD 232.1 million by 2023, at a CAGR of 8.2% during the forecast period. The market is driven by factors such rise in clean label food, increase in demand of trans-fatty acid and healthy snacking, and the replacement of artificial and synthetic emulsifier with natural and eco-friendly emulsifiers...
Demand for Lecithin has Increased the Feed Segment in Recent Years
The global lecithin market was valued at USD 1.15 billion in 2018 and is projected to reach USD 1.59 billion by 2023, at a CAGR of 6.7% during forecast period. The global phospholipids market was valued at USD 3.23 billion in 2018 and is projected to reach USD 4.36 billion by 2023, at a CAGR of 6.2% during forecast period. The lecithin market is driven by factors such as increased demand from the...
Driving Factors for Lecithin and Phospholipids Market
The market for lecithin & phospholipids is growing with the increase in their applications. The increase in demand for convenience foods, nutrients, and supplements is the major driver for this market. The increasing consumer awareness and health concerns have led to increase in demand for phospholipids. Lecithins are used globally as food additive and surfactant. The increase in income and changes...