Market Overview:
The global refined soy lecithin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for soy lecithin from various end-use industries, such as food industry, health care products, nonfood and industrial application, and others. Soy lecithin is used as an emulsifier and stabilizer in various applications owing to its properties such as high solubility, low volatility, and good thermal stability. It also helps in improving the texture of food products and prevents them from sticking together.
Product Definition:
Refined soy lecithin is a type of lecithin that has been processed to remove impurities and to increase its purity. It is used as an emulsifier and thickener in food products, and it can also be used as a dietary supplement.
Granules:
Granules are the dried, soluble food particles formed when soy oil is extracted from soybeans. They are used as an emulsifier in many food products such as bakery & confectionery, dairy products and dietary supplements. Soy lecithin is a type of granules that is obtained from pressing soybean flakes into oil.
Powders:
Soy lecithin is a phospholipid, which is naturally occurring in the cell membranes of plants and animals. It helps in transporting materials within cells as well as outside cells. Lecithin holds an important role in the human diet since it comprises of 60% to 70% phospholipids and thus acts as an essential nutrient for human beings.
Application Insights:
The food industry application segment led the global refined soya lecithin market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Soya lecithin has excellent emulsifying properties which make it suitable for use in various foods including bakery, dairy products, snacks and confectionery items. The growing consumption of soya products such as tofu, tempeh and other soyfoods is expected to drive demand for refined soya lecithin over the coming years.
Soya bean meal is used as an animal feed additive owing to its high protein content; thus driving demand from the non-food industry applications segment with a CAGR of XX%.
Regional Analysis:
Asia Pacific accounted for the largest share of global revenue in 2017. The region is expected to maintain its dominance over the forecast period owing to high product demand from various end-use industries, including food and beverage, pharmaceuticals, nutraceuticals and personal care. Increasing health concerns among consumers are anticipated to drive product demand in Asia Pacific.
The growing population coupled with rising disposable income levels has led to an increase in consumer spending on food products across emerging economies such as China and India. This trend is projected to positively influence industry growth over the next eight years due to increasing consumption of soy lecithin as a key ingredient for making oil-based foods such as mayonnaise, salad dressings, cooking oils etc.
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of the global refined soy lecithin market.
- The increasing awareness about the benefits of soy lecithin is fueling the growth of this market.
- The growing use of soy lecithin in various applications such as bakery, confectionery, and processed foods is propelling its demand globally.
- Rising disposable income levels in developing countries are providing a major impetus to the growth of this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Refined Soy Lecithin Market Research Report
By Type
Granules, Powders, Other
By Application
Food Industry, Health Care Products, Nonfood and Industrial Application, Other
By Companies
Cargill, Danisco, ADM, Lipoid, Ruchi Soya, Bunge, Shankar Soya Concepts, Denofa, Lucas Meyer, Marathwada Chemical, Jiusan Group, Merya's Lecithin, Gushen Biological Technology, Shandong Bohi Industry, Siwei Phospholipid, Tianjin Hexiyuan Lecithin Technology, Beijing Yuan Hua Mei Lecithin Sci-Tech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Refined Soy Lecithin Market Report Segments:
The global Refined Soy Lecithin market is segmented on the basis of:
Types
Granules, Powders, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Industry, Health Care Products, Nonfood and Industrial Application, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cargill
- Danisco
- ADM
- Lipoid
- Ruchi Soya
- Bunge
- Shankar Soya Concepts
- Denofa
- Lucas Meyer
- Marathwada Chemical
- Jiusan Group
- Merya's Lecithin
- Gushen Biological Technology
- Shandong Bohi Industry
- Siwei Phospholipid
- Tianjin Hexiyuan Lecithin Technology
- Beijing Yuan Hua Mei Lecithin Sci-Tech
Highlights of The Refined Soy Lecithin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Granules
- Powders
- Other
- By Application:
- Food Industry
- Health Care Products
- Nonfood and Industrial Application
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Refined Soy Lecithin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Refined soy lecithin is a type of phosphatidylcholine that is derived from soybeans. It has been processed to remove the oil and other impurities, making it a more purified form of the nutrient. Soy lecithin can be used as an emulsifier, thickener, and stabilizer in foods and beverages.
Some of the key players operating in the refined soy lecithin market are Cargill, Danisco, ADM, Lipoid, Ruchi Soya, Bunge, Shankar Soya Concepts, Denofa, Lucas Meyer, Marathwada Chemical, Jiusan Group, Merya's Lecithin, Gushen Biological Technology, Shandong Bohi Industry, Siwei Phospholipid, Tianjin Hexiyuan Lecithin Technology, Beijing Yuan Hua Mei Lecithin Sci-Tech.
The refined soy lecithin market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Refined Soy Lecithin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Refined Soy Lecithin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Refined Soy Lecithin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Refined Soy Lecithin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Refined Soy Lecithin Market Size & Forecast, 2018-2028
4.5.1 Refined Soy Lecithin Market Size and Y-o-Y Growth
4.5.2 Refined Soy Lecithin Market Absolute $ Opportunity
Chapter 5 Global Refined Soy Lecithin Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Refined Soy Lecithin Market Size Forecast by Type
5.2.1 Granules
5.2.2 Powders
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Refined Soy Lecithin Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Refined Soy Lecithin Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Health Care Products
6.2.3 Nonfood and Industrial Application
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Refined Soy Lecithin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Refined Soy Lecithin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Refined Soy Lecithin Analysis and Forecast
9.1 Introduction
9.2 North America Refined Soy Lecithin Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Refined Soy Lecithin Market Size Forecast by Type
9.6.1 Granules
9.6.2 Powders
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Refined Soy Lecithin Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Health Care Products
9.10.3 Nonfood and Industrial Application
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Refined Soy Lecithin Analysis and Forecast
10.1 Introduction
10.2 Europe Refined Soy Lecithin Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Refined Soy Lecithin Market Size Forecast by Type
10.6.1 Granules
10.6.2 Powders
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Refined Soy Lecithin Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Health Care Products
10.10.3 Nonfood and Industrial Application
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Refined Soy Lecithin Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Refined Soy Lecithin Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Refined Soy Lecithin Market Size Forecast by Type
11.6.1 Granules
11.6.2 Powders
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Refined Soy Lecithin Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Health Care Products
11.10.3 Nonfood and Industrial Application
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Refined Soy Lecithin Analysis and Forecast
12.1 Introduction
12.2 Latin America Refined Soy Lecithin Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Refined Soy Lecithin Market Size Forecast by Type
12.6.1 Granules
12.6.2 Powders
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Refined Soy Lecithin Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Health Care Products
12.10.3 Nonfood and Industrial Application
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Refined Soy Lecithin Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Refined Soy Lecithin Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Refined Soy Lecithin Market Size Forecast by Type
13.6.1 Granules
13.6.2 Powders
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Refined Soy Lecithin Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Health Care Products
13.10.3 Nonfood and Industrial Application
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Refined Soy Lecithin Market: Competitive Dashboard
14.2 Global Refined Soy Lecithin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill
14.3.2 Danisco
14.3.3 ADM
14.3.4 Lipoid
14.3.5 Ruchi Soya
14.3.6 Bunge
14.3.7 Shankar Soya Concepts
14.3.8 Denofa
14.3.9 Lucas Meyer
14.3.10 Marathwada Chemical
14.3.11 Jiusan Group
14.3.12 Merya's Lecithin
14.3.13 Gushen Biological Technology
14.3.14 Shandong Bohi Industry
14.3.15 Siwei Phospholipid
14.3.16 Tianjin Hexiyuan Lecithin Technology
14.3.17 Beijing Yuan Hua Mei Lecithin Sci-Tech
