A
new report by Transparency Market Research states that the global
lecithin market is expected to exhibit a significant growth in the
coming years owing to the rising demand from the food and beverages
and the pharmaceutical industries. Lecithin, because of its
emulsifier and anti-spatter properties, is increasingly used as a
food additive. The use of lecithin as a dispersing agent in the
pharmaceutical industry is increasing. The use of lecithin as a
nutritional supplement is increasing, which is another factor
expected to propel the global market for lecithin. In many industries
including rubber, paint, and plastic, lecithin is used as a primary
emulsifier, anti-sludge additive, and a release agent. All these
factors are expected to create new growth opportunities in the global
lecithin market.
View
exclusive Global strategic Business report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=5246
The
report, titled “Lecithin Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2016 - 2024,” defines lecithin
and briefs readers about the many applications and benefits of
lecithin. Lecithin, obtained from egg yolk, sunflower, soybean, and
other sources, is also used in the cosmetic industry. By region, the
global lecithin market is divided into Asia Pacific, Western Europe,
Eastern Europe, North America, Latin America, Japan, and the Middle
East and Africa. Currently, the market is led by North America,
followed by Asia Pacific owing to the rising use of lecithin in many
industries in these regions.
For
a detailed study, the analysts have further segmented the global
lecithin market on the basis of form, application, type, and grade.
By type, the global lecithin market is classified into refined
lecithin, chemically modified, and unrefined lecithin. Based on
grade, the global lecithin market is classified into feed grade, food
grade, and pharma grade. As per the findings of the report, the
global lecithin market is expected to benefit from factors such as
the rising use of lecithin-based products to treat various
neurological conditions and the rising health awareness among people.
Key
pharma companies are focusing on manufacturing lecithin-based
products to treat neurological disorders, liver problems, and to
control the levels of cholesterol. Some of the leading companies
operating in the global
lecithin market are Archer Daniels Midland Company, Cargill
Incorporated, AMERICAN LECITHIN COMPANY, NOW Foods, Lucas Meyer GMBH,
Bunge Limited., "Sodrugestvo" Group of Companies, Thew
Arnott Group, Swanson Health Products, Lipoid GmbH, and DuPont. By
introducing new lecithin-based products, key companies are aiming to
fulfill the growing demand from the pharmaceutical industry.
The entry of new manufacturers of food and beverages and pharmaceutical products is expected to further propel the demand for lecithin, which will boost the global lecithin market.
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