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Lecithin Market 2019 – Identify Opportunities and Challenges 2025

The growing awareness about natural emulsifiers and its rising demand in the manufacturing of food products is expected to drive the market growth. The Global Lecithin Market is expected to reach USD 1.49 billion by 2025, according to a new report by Grand View Research, Inc.
The emulsification and lubricant properties exhibited by lecithin coupled with eco-friendly nature have increased its importance. The product has numerous applications in the pharmaceutical, food & beverage, animal feed, paints, and industrial sectors. The growing demand for the product in chocolate & confectionery, margarine & spreads, bakery products, and beverages is anticipated to propel the market growth.

The demand in Europe is increasing rapidly owing to the presence of a large number of sunflower lecithin manufacturing facilities in the region. The market in Asia Pacific is anticipated to grow rapidly on account of growing number of oilseed crushing facilities coupled with the prospects of exporting lecithin to Europe. The availability of non-GMO soybean in the region is expected to have a positive impact on the market growth.

To Know More About Lecithin Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/lecithin-market 

North America accounted for 28.5% of the global market share in 2016 owing to the presence of a large number of soybean fields in the U.S. and Canada. The market value of lecithin in the Central & South America region is expected to grow to USD 0.16 billion in 2025 backed by the growing consumption in Brazil and Argentina. The market is highly fragmented in nature with the presence of a large number of small and large manufacturers.

Market Segmentation of Lecithin Market:

The Global Lecithin Market segmented on the basis of Source, Application, and Region.

By Source:

Soy
Sunflower
Rapeseed

By Application:

Convenience Foods
Bakery
Confectionary
Pharmaceuticals & Personal Care
Animal Feed
Industrial

By Region:

North America
Europe
Asia Pacific
Central & South America
Middle East & Africa

Inquire about Lecithin Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1802/ibb 
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