Fluid Lecithin Market Forecast, Trend, Key Facts and Insights On Future Scenario To 2029
Fluid lecithin is a naturally occurring mixture used as an emulsifying agent in food & beverages applications to maintain stable emulsion between unmixable liquids. Fluid lecithin is extracted from several sources such as soy
[USPRwire, Thu Sep 26 2019]
Fluid lecithin is a naturally occurring mixture used as an emulsifying agent in food & beverages applications to maintain stable emulsion between unmixable liquids. Fluid lecithin is extracted from several sources such as soy, sunflower, rapeseed, and others, which contains higher extractable level of lecithin. Over the years, the global market for fluid lecithin has gained its momentum in overall food industry due to its several nutritional benefits. Some of advantages of fluid lecithin include it improves the metabolism level of liver, improves digestion system of human body, and also supports the immune system. These factors are expected to create lucrative market opportunities in the global fluid lecithin market during the forecast years. The global market for fluid lecithin consists of hundreds of key and small vendors with their local and global geographical reach. The key vendors are continuously focusing on targeting emerging regions to amplify the sales of their products in fluid lecithin segment.
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Rising demand for full transparency is expected to bring new products in the market during forecast years
Non-GMO fluid lecithin is fast translating into one of the most claimed food in developed markets such as North America and Europe, making food vendors to seek new ways of confidently and quickly introducing new non-GMO food products. However, increasing demand for Non-GMO fluid lecithin is expected to open a plethora of market opportunities for key vendors in the global fluid lecithin market over the forecast years. The global market for fluid lecithin is driving across the emerging and developed economies due to several market driving factors. Some of the factors include increasing demand for clean label, robust adoption of packaged food, growing demand for trans-fat food products, and increased use as functional food ingredient are expected to drive the global fluid lecithin market during foretell period.
The global fluid lecithin market is estimated to witness higher single-digit growth over the forecast period
With the growing demand for fluid lecithin in food industries across the globe for improving stability level, the global market for fluid lecithin is expected to witness higher-single digit year on year growth rate throughout the forecast years. The global fluid lecithin market is anticipated to gain more market opportunities in developing regions as compared to developed regions owing to increasing product awareness and an increasing number of food & beverages industries in developing regions. Among the regions, North America holds the leading demand share of fluid lecithin in 2018, followed by Europe and East Asia. However, the global market for fluid lecithin is expected to record highest growth in South Asian countries owing to increasing presence of key vendors in this region. Also, Latin American and the Middle East & African countries are expected to witness strong CAGR during the forecast period due to rising demand for organic products in these regions.
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Key Vendors are focusing on introducing Non-GMO fluid lecithin products
Key processors in the global fluid lecithin market are continuously investing in R & D to improve the functionality of their products. The global fluid lecithin market shows a moderately consolidated nature in the industry. Some of the market participants in the global fluid lecithin market include Cargill; DuPont; ADM Company; Bunge Limited; Lecico GmbH; American Lecithin Company; and other prominent players in fluid lecithin market.
The research report presents a comprehensive assessment of the fluid lecithin market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to fluid lecithin market segments such as geographies, source, nature, application, grade type, and functionality.
Rising demand for organic fluid lecithin products among food & beverage industries
The fluid lecithin market can be segmented on source, nature, application, grade type, and functionality. On the basis of source, the fluid lecithin market can be segmented into soy, sunflower, rapeseed, and others. On the basis of nature, the fluid lecithin market can be segmented into organic and conventional. On the basis of application, fluid lecithin market can be categorized into feed, confectionery, convenience food, bakery, healthcare, industrial purpose, cosmetics. On the basis of grade type, the fluid lecithin market can be segmented into food grade, feed grade, and pharma grade. On the basis of functionality, the fluid lecithin market can be segmented into emulsifying agent, wetting agent, stabilizing agent, instantizing agent, release agent, lubricant, antioxidant, and dispersant. Geographically, the global market for fluid lecithin can be segmented into seven regions, namely North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa.
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