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Global Lecithin Market Size, Share, Development, Growth and Demand
Forecast to 2020 By P&S Market Research
The global lecithin market was valued at $787.7 million in 2014, and it is expected to grow
with a CAGR of 5.4% during 2015 - 2020. The factors driving the growth of the global
lecithin market include increasing demand for low fat and convenience foods, and high
flexibility and multifunctional nature of lecithin. The high flexibility and multifunctional
nature of lecithin increases its adoption among end-user industries, such as food, nutrition
and health, and cosmetics. The food industry accounted for largest market share in the
application segment of the global lecithin market in 2014; however, the cosmetics
application segment of the global lecithin market is expected to witness fastest growth with
a CAGR of 5.8%, in terms of revenue, during 2015 – 2020.
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Geographically, the European lecithin market accounted for the largest share in the global
lecithin market in 2014. The lecithin market in Europe is growing mainly due to increasing
demand from industries, such as animal feed, health and nutrition, processed food and
cosmetics. The increasing global meat consumption, growing awareness about meat quality
and dairy products are fueling the demand for lecithin in the region. However, in terms of
future growth, the Asia-Pacific lecithin market is poised to grow at a fast pace with 9.1%
CAGR, which is led by increasing economically active population along with increasing
urbanization and disposable income in China and India.
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LECITHIN MARKET SEGMENTATION
Lecithin Market by Source
Soy
Egg
Sunflower
Others
Lecithin Market by Application
Food
Animal Feed
Nutrition and Health Supplements
Cosmetics
Others
Browse Related Research at: https://www.psmarketresearch.com/industry-
report/chemicals-materials-and-energy
GEOGRAPHICAL SEGMENTATION
Lecithin Market by Region
North America
The U.S.
Canada
Rest of North America
Europe
Germany
France
The U.K.
Italy
Rest of Europe
Asia-Pacific
China
India
Rest of Asia-Pacific
Rest of the World (RoW)
About P&S Market Research
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