DUBLIN, Oct. 13, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/lvqkxb/lecithin_and) has announced the addition of the "Lecithin and Phospholipids Market by Lecithin Type, Source (Soy, Sunflower, Egg and Others), Application (Food, Nutrition & Supplements, Feed, Pharmaceuticals and Others), & by Region - Global Trends and Forecasts to 2020" report to their offering.
The market for lecithin is projected to reach USD 1.11 Billion by 2020, with increasing applications of lecithin & phospholipids and rising opportunities in emerging region such as the Asia-Pacific. In 2014, the European region was the largest market for lecithin & phospholipids. In terms of value, the market in the Asia-Pacific region is projected to grow at the highest CAGR of 10.7% from 2015 to 2020.
The segmentation of the lecithin & phospholipids market is based on the source of lecithin & phospholipids. This study considers soy, sunflower, egg, and others (marine and milk) in this research report. The market is further segmented on the basis of applications, which include food, nutrition & supplements, pharmaceutical, and others (cosmetics, paints, coatings, dyes & inks medicinal, and cosmeceutical).
The market is driven by factors such as: the vversatility of lecithin increases its end use applications, growing demand for natural sources of ingredients, increasing consumer awareness, and health concerns raises the demand for phospholipids, and rise in consumption of convenience foods. The Asia-Pacific market is projected to have the highest CAGR. Increase in income and increase in demand for convenience foods and nutrition & supplements has resulted in the growth of the lecithin & phospholipids market in the Asia-Pacific region. The market in Europe dominated the lecithin market with a share of 34.4%. High acceptance, awareness, and demand for premium phospholipids-based products in the nutrition & health supplements industry has resulted in the increase in demand for lecithin & phospholipids in the European region.
The key players in this market are Cargill Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Lipoid GmbH (Germany), E. I. du Pont de Nemours Company (U.S.), and Stern-Wywiol Gruppe Pvt. Ltd. (India).
The lecithin & phospholipids market is an emerging one, with key market players taking strategic decisions of new product developments, expansions, acquisitions, and investments to develop their position in the market. Other players such as Ruchi Soya Industries Limited (India), Avanti Polar Lipids Incorporated (U.S.), Lasenor Emul SL. (Spain), Lecico GmbH (Germany), and VAV Life Sciences Pvt. Ltd (India) are also expanding their presence in the market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Lecithin Market, By Source
8 Lecithin Market, By Application
9 Lecithin Market, By Region
10 Lecithin Market, By Type
11 Phospholipids Market, By Source
12 Phospholipids Market, By Application
13 Phospholipids Market, By Region
14 Competitive Landscape
15 Company Profiles
- Archer Daniels Midland Company - Avanti Polar Lipids Incorporated - Cargill Incorporated - E. I. Du Pont De Nemours And Company - Lasenor Emul S.L. - Lecico GMBH - Lipoid Gmbh - Ruchi Soya Industries Limited - Stern-Wywiol Gruppe Gmbh & Co. KG - Vav Life Sciences Private Limited
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SOURCE Research and Markets