The Latin America, Middle East and Africa De-oiled Lecithin Market would witness market growth of 9.0% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 2,075.0 tonnes, showcasing a growth of 10.4% (2023-2030).
De-oiled lecithin contributes to the production of snacks like potato chips, crackers, and popcorn by imparting a desirable texture and helping seasonings adhere evenly to the snack surface. Consumers' growing preference for clean-label products, free from synthetic additives and chemicals, has prompted food manufacturers to seek natural alternatives. De-oiled lecithin, derived from non-GMO sources, aligns with clean label requirements.
Moreover, food manufacturers value de-oiled lecithin for its multifunctional properties. It addresses emulsification and stabilization needs and contributes to texture enhancement, enabling greater product innovation. Using de-oiled lecithin improves product quality, including enhanced sensory attributes, extended shelf life, and consistent texture. These benefits contribute to consumer satisfaction and brand loyalty.
Additionally, It is readily available from various sources worldwide, providing food manufacturers with a stable supply chain. It adheres to regulatory standards, ensuring its safe use in food and beverage applications. It meets the criteria for food safety and quality. Ongoing research and development efforts focus on optimizing the functional properties of de-oiled lecithin, expanding its potential applications, and tailoring it to meet the evolving needs of the food industry.
UAE has invested heavily in advanced irrigation systems, including drip irrigation and hydroponics. These technologies allow crops to be grown with minimal water usage. As per the data reported in the United Arab Emirates Food and Agriculture Snapshot published by the Australian Government, the UAE is a commercial hub for regional food and agriculture supply. In 2020, the UAE re-exported $7.5 billion of food and agriculture products, predominately to other Middle Eastern countries. Owing to these factors, the market is expected to grow rapidly in the LAMEA region.
The Brazil market dominated the LAMEA De-oiled Lecithin Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,656.6 Thousands by 2030. The Argentina market is showcasing a CAGR of 9.6% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8.7% during (2023 - 2030).
Based on Form, the market is segmented into Powder, and Granules. Based on Application, the market is segmented into Food & Beverages (Bakery & Confectionery, Convenience Food, Dairy & Non-dairy Products, Beverages, and Others), Feed, Industry, and Healthcare Products. Based on Source, the market is segmented into Soybean, Sunflower, Rapeseed & Canola, Eggs, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide De-oiled Lecithin Market is Projected to reach USD 367.5 Million by 2030, at a CAGR of 8.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cargill, Incorporated, Archer Daniels Midland Company, Bunge Limited, IMCD N.V., SternVitamin GmbH & Co. KG (Stern-Wywiol Gruppe GmbH & Co. KG), Sonic Biochem, Extractions Pvt. Ltd., Avril Group, The Scoular Company, Fismer Lecithin GmbH and Giiava Group.
By Form (Volume, Tonnes, USD Thousands, 2019-2030)
By Application (Volume, Tonnes, USD Thousands, 2019-2030)
By Source (Volume, Tonnes, USD Thousands, 2019-2030)
By Country (Volume, Tonnes, USD Thousands, 2019-2030)
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