Lecithin Market: Global Industry Analysis and Forecast 2023 – 2030
Lecithin Market size is projected to reach USD 1.61 Billion by 2028 from an estimated USD 1.11 Billion in 2021, growing at a CAGR of 5.5% globally.
Lecithin is a fat that is required in the cells of the body. It can be discovered in various foods, including egg yolk, soy, sunflower, rapeseed, cottonseed, and others. Lecithin has properties such as emulsifiers, lubricants, and surfactants. Lecithin is an emulsifier which are usually phospholipids produced from phosphoric acid, choline, glycerol, and another type of fatty acids and which is extensively used in the bakery sector. The product is utilized in commercial banking operations as it offers improved workability of doughs and batters. Therefore, the increase in the bakery industry is projected to directly influence the market demand for lecithin over the forecast period.
Increased awareness regarding the health benefits of lecithin, such as its role in improving heart health, liver function, and brain health, is driving its consumption in dietary supplements and functional foods. The versatility of lecithin in food processing, where it is used as an emulsifier, release agent, and viscosity modifier, is boosting its demand in the food and beverage industry. Rising demand for organic lecithin and non-GMO lecithin due to health and sustainability concerns among consumers.
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Lecithin Market size is projected to reach USD 1.61 Billion by 2028 from an estimated USD 1.11 Billion in 2021, growing at a CAGR of 5.5% globally.
Lecithin is a fat that is required in the cells of the body. It can be discovered in various foods, including egg yolk, soy, sunflower, rapeseed, cottonseed, and others. Lecithin has properties such as emulsifiers, lubricants, and surfactants. Lecithin is an emulsifier which are usually phospholipids produced from phosphoric acid, choline, glycerol, and another type of fatty acids and which is extensively used in the bakery sector. The product is utilized in commercial banking operations as it offers improved workability of doughs and batters. Therefore, the increase in the bakery industry is projected to directly influence the market demand for lecithin over the forecast period.
Increased awareness regarding the health benefits of lecithin, such as its role in improving heart health, liver function, and brain health, is driving its consumption in dietary supplements and functional foods. The versatility of lecithin in food processing, where it is used as an emulsifier, release agent, and viscosity modifier, is boosting its demand in the food and beverage industry. Rising demand for organic lecithin and non-GMO lecithin due to health and sustainability concerns among consumers.
Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @
https://introspectivemarke...
7 months ago
