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De-oiled lecithin is free of oil and deepened in phospholipids for improved spreading in water and easier handling. De-oiled lecithin is colourless and flavourless and is accessible granular and powdered forms. It is predominantly used as emulsifiers, wetting agent, antioxidant, surfactants, dispersants, instantizing agent, viscosity modifiers, release agents and lubricants.
De-oiled lecithin is organic and a decent substitute to crude lecithin as it comprises an advanced absorption of phospholipids and is free of oil thus appealing the health conscious customers globally. Oxidative pressure can result in severe health problems like heart attack. Phospholipids are recognized for being finest substrates for oxidation and de-oiled lecithin being a superior source of phospholipids have an upsurge in its potential to be utilized principally in pharmaceuticals as well as food industry.
Lecithin has proper amount of saturated fatty acids which can grow the cholesterol resulting in major health issues. De-oiled lecithin being oil free has an advantage over standard lecithin and thus the inclined shift towards using healthy food products among consumers has boosted the demand for de-oiled lecithin market.
Rising consumer awareness regarding clean label products together with growing demand for organic food additive are the key aspects advancing the demand for de-oiled lecithin globally. Besides, surge in demand for convenience food in advanced countries along with shifting consumer lifestyles further drives the growth of the market. However, variation in the prices of raw materials and severe government guidelines with respect to the utilization of de-oiled lecithin may obstruct the growth of the market over the forecast period.
The study analyses Global De-oiled Lecithin market based on source, application and geography.
De-oiled lecithin is accessible through various sources such as soy, sunflower, rapeseed and egg. The market for soy segment is projected to contribute for the highest share in the de-oiled lecithin market for over the forecast period. It is extensively favored among producers, due to the adequate obtainability of soybean and a lucrative extraction process. De-oiled soy lecithin is increasing in acceptance in the feed application and is also being used as a substitute to cocoa butter in the chocolate industry, due to rise in cost of cocoa butter. Moreover, improved demand for natural sources in the cosmetic and pharmaceutical sectors has improved the demand for soy-based de-oiled lecithin at a global level.
This market finds major application in food, feed and healthcare. The food industry is likely to be the major dominating the application segment in terms of value; although, the use of de-oiled lecithin in the healthcare industry is predicted to grow at a fastest rate over the forecast period, due to aspects such as acceptance of organic additives by manufacturers in the pharmaceutical and healthcare industries because of stringent principles and increasing need for herbal and natural nutritional products, which is expected to accelerate the growth of healthcare applications including de-oiled lecithin. Additionally, the healthcare spending is growing in emerging nations such as India, China, Japan, and Brazil, due to increase in awareness of the advantages of healthy food consumption, eventually compelling the demand for healthcare applications that combine de-oiled lecithin.
Geographically, the market is studied for the key countries of North America, Europe, Asia Pacific and Rest of the World. The Asia Pacific region is likely to hold a major market share of the de-oiled lecithin market owing to various aspects such as accessibility of major sources such as soy within the region and rising awareness regarding the intake of nutritive food is anticipated to accelerate the growth of the de-oiled lecithin market. High investment growth in pharmaceutical and personal care industry and advancement in agriculture export rate from Asia Pacific countries is likely to open doors for an upsurge in the market of de-oiled lecithin.
Nonetheless, North America & Europe regions are also likely to boost the demand for de –oiled lecithin due to the rise in health-conscious consumers owing to rising number obesity cases. The populace in European and North American countries are going through numerous health issues such as weight gain and obesity. This results in a shift toward healthy food ingredients and less oily foods, hence delivering a good opportunity for de-oiled lecithin manufacturers for food.
Cargill, ADM, Dowdupont, Bunge Limited, Stern-Wywiol Gruppe, Lecico GmbH, American Lecithin Company, Lecital GmbH, Lasenor Emul, Giiava (India) Pvt. Ltd, Novastell Essential Ingredients and Rasoya Proteins Ltd. among others are the major players active in the de-oiled lecithin market.
The study analyses Global De-oiled Lecithin market based on source, application and geography. De-oiled lecithin is accessible through various sources such as soy, sunflower, rapeseed and egg. This market finds major application in food, feed and healthcare. The food industry is likely to be the major dominating the application segment in terms of value. Geographically, the market is studied for the key countries of North America, Europe, Asia Pacific and Rest of the World. The Asia Pacific region is likely to hold a major market share of the de-oiled lecithin market owing to various aspects such as accessibility of major sources.
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