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Global Non GMO Lecithin Market Insight2022-01-29 Comments
The Non GMO Lecithin is forecast to fast increase over the next few years.According to the WK-chem Research “Global Non GMO Lecithin Professional Survey Report 2022, Forecast to 2027”, Non GMO Lecithin is composed of phospholipids and majorly obtained from oilseeds such as soy, sunflower, and rapeseed. The abundant availability of raw materials coupled with the growing demand in end-use industries is expected to have a positive impact on Non GMO Lecithin manufacturing industry. The growing demand for food ingredients derived from natural sources and awareness regarding phospholipids are expected to boost market growth.The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 5.5% base on WK-chem Research regression analysis model.
“Due to the increasingly fierce competition in the Non GMO Lecithin market, it is recommended that companies adopt more corresponding strategies to adapt to the changing and developing market.”Said John, Senior analyst, Chemical industry Market Research Center in WK-chem Research.
Healthy lifestyles have become a prominent trend in recent years, with people including healthy and nutritional food products in their diet around the globe. The rising incidences of lifestyle-based health issues, such as cardiovascular diseases, obesity, osteoporosis, and diabetes, have fuelled consumers’ need for food ingredients like Non GMO Lecithin.Owing to its various medical benefits, Non GMO Lecithin can be consumed as a medicine, and can also be used in medicine manufacturing. Non GMO Lecithin improves liver and cell functioning, fat transport and metabolism, healthy reproduction and child development, and offers better treatment for gallstone.Also, rising demand for nutrient-rich foods, beverages, and supplements, are contributing to the Non GMO Lecithin industry’s growth.Manufacturers are constantly increasing investments into R&D activities to achieve sustainable production and growth levels, which could help to improve Non GMO Lecithin demand in the long term. Across Europe, government guidelines regulations, and protocols on phospholipid food content, play a critical role in food processing application, which could boost Non GMO Lecithin demand.The growing demand in industrial applications, such as paints and inks, is expected to boost the market growth over the forecast period. The major restraint for soy Non GMO Lecithin is the growing concern regarding the use of GMO soybean in the manufacturing process.The sunflower Non GMO Lecithin market is expected to progress rapidly as it is considered as a preferred substitute for soy-based products. The major advantage of solventless extraction provided by this product is expected to boost the market demand.
The decline in demand for whole grain bread products, especially in North America and Europe, due to rising concerns over diseases related to high cholesterol levels has reduced Non GMO Lecithin demand in these regions. The regulatory support by numerous agencies including the FDA and European Commission is expected to augment the demand for enzymes. Increasing price fluctuations of oilseeds on account of drought and political instability in key manufacturing countries along with supply demand gap is expected to act as a restraint for market growth.The COVID-19 pandemic has resulted into a devastating impact on the Non GMO Lecithin market in two main ways: by directly affecting production and demand, and by creating supply chain and market disruption.
This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Non GMO Lecithin companies that include Cargill, Archer Daniels Midland, DuPont Nutrition and Health, Lipoid GmbH, and American Non GMO Lecithin Company,Bunge Ltd., Sternchemie GmbH & Co. KG, NOW Foods, Thew Arnott & Co., Ltd., and GIIAVA.
Segmentation of Non GMO Lecithin Market:
Based on Type, the market is Soy, Rapeseed/Canola, Sunflower, Egg Yolk.soybean was the major source with a market share. The functional and therapeutic advantages provided by soybean are driving the demand for products obtained from these sources.The usage of hazardous chemicals, such as hexane and acetone in the extraction of soy Non GMO Lecithin is expected to promote the use of substitutes including sunflower based products.It contains numerous phospholipid types and antioxidants, along with their volatile compounds which makes them a healthy supplement. It is a natural emulsifier which aid in reducing the presence of other fats and protect red blood cells, which in turn foster the product demand.Based on Application, the market is segmented into Food and Beverage, Feed, Nutrition and Supplements, Pharmaceuticals and Other Applications.The animal feed application was the largest segment with a market share. Non GMO Lecithin is employed as emulsifiers in the manufacturing of animal feed. The addition of Non GMO Lecithin not only improves the feed obtained for domestic animals but also plays an important role in maintaining their health.
Non GMO Lecithin Market: Regional Analysis
In terms of geography, the Global Non GMO Lecithin Market is classified into North America, Europe, Asia Pacific, and Rest of the world.Asia Pacific accounts for the main market share.China to Dominate as Non GMO Lecithin Market in Asia-Pacific. The rising demand for natural ingredients is witnessing a rise in the usage of Non GMO Lecithin in bakery and confectionery, dairy, and meat products. The increasing number of food outlets and foodservice joints seem to be driving the demand for Non GMO Lecithin as a food additive in the Chinese food and beverage industry. China is also a fast-growing market, due to rising cases of obesity and more attention being paid to the nutrition in food products, which drives the market studied.On the other hand, increased demand for personal care products and cosmetics uses in the countries are expected to boost the demand for de-oiled Non GMO Lecithin. Additionally, the booming aquaculture industry in China is expected to boost the demand for Non GMO Lecithin in the animal feed segment.
Largest share area：Asia Pacific
Largest share country：China
Product Type：Soy, Rapeseed/Canola, Sunflower, Egg Yolk
Application：Food and Beverage, Feed, Nutrition and Supplements, Pharmaceuticals, Other Applications
Leading Company：Cargill, Archer Daniels Midland, DuPont Nutrition and Health, Lipoid GmbH, American Non GMO Lecithin Company