The global Soya Lecithin Market is expected to reach USD 1.33 Billion by 2027, according to a new report by Reports and Data. The growth of the market is attributed to growing end-use applications of Soya Lecithin. Soya Lecithin is used as an emulsifier in the food beverage industry to prevent margarine and cooking sprays from splattering when they are used for frying purposes. Chocolate bars, which possess cocoa butter, sugar milk, and fine solid cocoa deploy Soya Lecithin, assists in stabilizing emulsions, as well as blending fats.
The report lists significant players operating in the market that are employing strategies to cater to the surging consumer demand. In addition, rising investments by the key industry players for the RD of products and automation of production facilities will bolster market growth during the forecast period. The report also discusses in detail the recent collaborations, partnerships and mergers acquisition in the market to help clients make strategic investment plans accordingly.
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The report focuses on company overview, financial standing, global market position, revenue contribution, production and manufacturing capacity, and business expansion plans. It also focuses on recent mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches, and brand promotions, among others. The study includes SWOT analysis and Porter’s Five Forces analysis to provide a comprehensive overview of the competitive landscape.
The report offers a panoramic view of competitive landscape of the global market to offer key insights into the key players and their business expansion plans. It also offers critical insights into their financial status, global position, product portfolio, revenue and gross profit margins, and technological and research developments. It further sheds lights on MA activities, collaborations, partnerships, agreements, deals, and product launches among others. The research study deploys advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis to offer deeper insights into key players.
Key Participants:
Key participants include Cargill Inc., Archer Daniels Midland Company, Du Pont, American Lecithin Company, Ruchi Soya Industries Inc., LASENOR EMUL, Lipoid GmbH, Bunge Limited, Ceresking Ecology Technology Co. Ltd., and Lecico GmbH, among others.
Further key findings from the report suggest:
- By grade, feed grade Soya Lecithin held a substantial market share in 2018, as it is considered suitable for consumption by animals and providing them sufficient nutrition for the health.
- Soya Lecithin is used to support the blending of ingredients, which makes it a great wetting agent. This property is essential in instant food and drink products that normally require mixing a solid powder in liquid.
- The market in the Asia Pacific region contributed to the largest share in 2018 and is expected to grow at a rate of 6.4% in the forecast period. The market dominance of the APAC region is owing to a huge population in countries in the region as well as an increase in demand of Soya Lecithin in the food beverage and pharmaceutical industries.
Market Segmentation:
Product Type Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
- Natural Soya Lecithin
- Refined Soya Lecithin
- Chemically Modified
Grade Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
- Food Grade
- Feed Grade
- Pharmaceutical Grade
- Others
Application Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
- Emulsifiers
- Nutritional Supplements
- Dispersants
- Wetting Agents
- Viscosity Modifiers
- Surfactants
- Others
Distribution Channel Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
- Online
- offline
Industry Vertical Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
- Food Beverage
- Pharmaceutical
- Paints
- Others
Regional Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
- North America
- U.S
- Europe
- U.K
- France
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- MEA
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Identifying the basic business drivers, challenges, and tactics adopted:
- The report provides intrinsic details and fluctuating aspects that influence the commercial dynamics of the Soya Lecithin market along with integral factors of the rise in the demand for the product have been mapped across vital geographical regions.
- An overview of the multifarious applications, business areas and the latest trends observed in the industry has been laid out by this study.
- Various challenges overlooking the business and the numerous strategies employed by the industry players for successful marketing of the product have also been illustrated.
- The research inspects the sales channels (indirect, direct, marketing) that companies have chosen for the primary product distributors and the superior clientele of the market.
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