The North America Lecithin Market would witness market growth of 6.2% CAGR during the forecast period (2022-2028).
The abundant supply of raw materials, together with rising demand in end-use sectors, is estimated to boost the lecithin production business. This product's emulsifying properties are boosting its demand in industrial as well as food applications. The fact that it is multipurpose and flexible is projected to drive up demand in most of the end-use industries.
One of the primary factors driving the growth of the lecithin market is the rise in the demand for naturally derived components around the world. The significant demand for the ingredients is fueled by the accessibility with which they can be found in nature, as well as numerous applications that phospholipid and lecithin comprise in several industries as well as an increase in the consumer awareness for clean label products. The market is being influenced by an rise in the adoption of sunflower-based lecithin due to advantages such as ease of handling and neutral flavor, as well as the utilization of the product across dietary foods and supplements like capsules and tablets, bakery products, and convenience foods like instant soups and sauces.
Rising demand for cosmetics and rising disposable income of regional people are estimated to fuel the growth of the regional market, which would also be complemented by higher demand for haircare and skincare goods. Because these cosmetics are emollient, they soothe and soften various skin types, and are utilized for skincare. It is used in restorative creams for its exceptional moisturizing properties, which keep the skin hydrated and nourished. The major attributes complementing the growth of the regional market are that it improves damaged hair along with helping in straightening processes. Moreover, the United States is one of the biggest producers as well as consumers of processed foods in the world, which is increasing the demand for lecithin in the region.
The US market dominated the North America Lecithin Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $510.8 Million by 2028. The Canada market is estimated to grow at a CAGR of 8.6% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 7.7% during (2022 - 2028).
Based on Application, the market is segmented into Feeds, Food & beverages, Industrial, and Healthcare. Based on Nature, the market is segmented into GMO and Non-GMO. Based on Type, the market is segmented into Fluid, De-oiled, and Modified. Based on Source, the market is segmented into Soy, Sunflower, Rapeseed & canola, Egg, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Lecithin Market is Estimated to reach $2.5 Billion by 2028, at a CAGR of 6.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Archer Daniels Midland Company, Bunge Limited, DuPont de Nemours, Inc., Wilmar International Limited, Kewpie Corporation, IMCD N.V., Avril Group, Lipoid GmbH, Stern-Wywiol Gruppe GmbH & Co. KG, and Cargill Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Feeds
- Food & beverages
- Industrial
- Healthcare
By Nature
By Type
By Source
- Soy
- Sunflower
- Rapeseed & canola
- Egg
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Archer Daniels Midland Company
- Bunge Limited
- DuPont de Nemours, Inc.
- Wilmar International Limited
- Kewpie Corporation
- IMCD N.V.
- Avril Group
- Lipoid GmbH
- Stern-Wywiol Gruppe GmbH & Co. KG
- Cargill Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Lecithin Market, by Application
1.4.2 North America Lecithin Market, by Nature
1.4.3 North America Lecithin Market, by Type
1.4.4 North America Lecithin Market, by Source
1.4.5 North America Lecithin Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Lecithin Market
Chapter 4. North America Lecithin Market by Application
4.1 North America Feeds Market by Country
4.2 North America Food & beverages Market by Country
4.3 North America Industrial Market by Country
4.4 North America Healthcare Market by Country
Chapter 5. North America Lecithin Market by Nature
5.1 North America GMO Market by Country
5.2 North America Non-GMO Market by Country
Chapter 6. North America Lecithin Market by Type
6.1 North America Fluid Market by Country
6.2 North America De-oiled Market by Country
6.3 North America Modified Market by Country
Chapter 7. North America Lecithin Market by Source
7.1 North America Soy Market by Country
7.2 North America Sunflower Market by Country
7.3 North America Rapeseed & canola Market by Country
7.4 North America Egg Market by Country
7.5 North America Others Market by Country
Chapter 8. North America Lecithin Market by Country
8.1 US Lecithin Market
8.1.1 US Lecithin Market by Application
8.1.2 US Lecithin Market by Nature
8.1.3 US Lecithin Market by Type
8.1.4 US Lecithin Market by Source
8.2 Canada Lecithin Market
8.2.1 Canada Lecithin Market by Application
8.2.2 Canada Lecithin Market by Nature
8.2.3 Canada Lecithin Market by Type
8.2.4 Canada Lecithin Market by Source
8.3 Mexico Lecithin Market
8.3.1 Mexico Lecithin Market by Application
8.3.2 Mexico Lecithin Market by Nature
8.3.3 Mexico Lecithin Market by Type
8.3.4 Mexico Lecithin Market by Source
8.4 Rest of North America Lecithin Market
8.4.1 Rest of North America Lecithin Market by Application
8.4.2 Rest of North America Lecithin Market by Nature
8.4.3 Rest of North America Lecithin Market by Type
8.4.4 Rest of North America Lecithin Market by Source
Chapter 9. Company Profiles
9.1 Archer Daniels Midland Company
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Acquisition and Mergers:
9.1.5.2 Geographical Expansions:
9.2 Bunge Limited
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.3 DuPont de Nemours, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.4 Wilmar International Limited
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.5 Kewpie Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental Analysis
9.5.4 Research & Development Expense
9.6 IMCD N.V.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Partnerships, Collaborations, and Agreements:
9.6.4.2 Acquisition and Mergers:
9.7 Avril Group
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Acquisition and Mergers:
9.8 Lipoid GmbH
9.8.1 Company Overview
9.10. Cargill Corporation
9.10.1 Company Overview
TABLE 1 North America Lecithin Market, 2018 - 2021, USD Million
TABLE 2 North America Lecithin Market, 2022 - 2028, USD Million
TABLE 3 North America Lecithin Market by Application, 2018 - 2021, USD Million
TABLE 4 North America Lecithin Market by Application, 2022 - 2028, USD Million
TABLE 5 North America Feeds Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Feeds Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Food & beverages Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Food & beverages Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Industrial Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Industrial Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Lecithin Market by Nature, 2018 - 2021, USD Million
TABLE 14 North America Lecithin Market by Nature, 2022 - 2028, USD Million
TABLE 15 North America GMO Market by Country, 2018 - 2021, USD Million
TABLE 16 North America GMO Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Non-GMO Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Non-GMO Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Lecithin Market by Type, 2018 - 2021, USD Million
TABLE 20 North America Lecithin Market by Type, 2022 - 2028, USD Million
TABLE 21 North America Fluid Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Fluid Market by Country, 2022 - 2028, USD Million
TABLE 23 North America De-oiled Market by Country, 2018 - 2021, USD Million
TABLE 24 North America De-oiled Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Modified Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Modified Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Lecithin Market by Source, 2018 - 2021, USD Million
TABLE 28 North America Lecithin Market by Source, 2022 - 2028, USD Million
TABLE 29 North America Soy Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Soy Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Sunflower Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Sunflower Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Rapeseed & canola Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Rapeseed & canola Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Egg Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Egg Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Lecithin Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Lecithin Market by Country, 2022 - 2028, USD Million
TABLE 41 US Lecithin Market, 2018 - 2021, USD Million
TABLE 42 US Lecithin Market, 2022 - 2028, USD Million
TABLE 43 US Lecithin Market by Application, 2018 - 2021, USD Million
TABLE 44 US Lecithin Market by Application, 2022 - 2028, USD Million
TABLE 45 US Lecithin Market by Nature, 2018 - 2021, USD Million
TABLE 46 US Lecithin Market by Nature, 2022 - 2028, USD Million
TABLE 47 US Lecithin Market by Type, 2018 - 2021, USD Million
TABLE 48 US Lecithin Market by Type, 2022 - 2028, USD Million
TABLE 49 US Lecithin Market by Source, 2018 - 2021, USD Million
TABLE 50 US Lecithin Market by Source, 2022 - 2028, USD Million
TABLE 51 Canada Lecithin Market, 2018 - 2021, USD Million
TABLE 52 Canada Lecithin Market, 2022 - 2028, USD Million
TABLE 53 Canada Lecithin Market by Application, 2018 - 2021, USD Million
TABLE 54 Canada Lecithin Market by Application, 2022 - 2028, USD Million
TABLE 55 Canada Lecithin Market by Nature, 2018 - 2021, USD Million
TABLE 56 Canada Lecithin Market by Nature, 2022 - 2028, USD Million
TABLE 57 Canada Lecithin Market by Type, 2018 - 2021, USD Million
TABLE 58 Canada Lecithin Market by Type, 2022 - 2028, USD Million
TABLE 59 Canada Lecithin Market by Source, 2018 - 2021, USD Million
TABLE 60 Canada Lecithin Market by Source, 2022 - 2028, USD Million
TABLE 61 Mexico Lecithin Market, 2018 - 2021, USD Million
TABLE 62 Mexico Lecithin Market, 2022 - 2028, USD Million
TABLE 63 Mexico Lecithin Market by Application, 2018 - 2021, USD Million
TABLE 64 Mexico Lecithin Market by Application, 2022 - 2028, USD Million
TABLE 65 Mexico Lecithin Market by Nature, 2018 - 2021, USD Million
TABLE 66 Mexico Lecithin Market by Nature, 2022 - 2028, USD Million
TABLE 67 Mexico Lecithin Market by Type, 2018 - 2021, USD Million
TABLE 68 Mexico Lecithin Market by Type, 2022 - 2028, USD Million
TABLE 69 Mexico Lecithin Market by Source, 2018 - 2021, USD Million
TABLE 70 Mexico Lecithin Market by Source, 2022 - 2028, USD Million
TABLE 71 Rest of North America Lecithin Market, 2018 - 2021, USD Million
TABLE 72 Rest of North America Lecithin Market, 2022 - 2028, USD Million
TABLE 73 Rest of North America Lecithin Market by Application, 2018 - 2021, USD Million
TABLE 74 Rest of North America Lecithin Market by Application, 2022 - 2028, USD Million
TABLE 75 Rest of North America Lecithin Market by Nature, 2018 - 2021, USD Million
TABLE 76 Rest of North America Lecithin Market by Nature, 2022 - 2028, USD Million
TABLE 77 Rest of North America Lecithin Market by Type, 2018 - 2021, USD Million
TABLE 78 Rest of North America Lecithin Market by Type, 2022 - 2028, USD Million
TABLE 79 Rest of North America Lecithin Market by Source, 2018 - 2021, USD Million
TABLE 80 Rest of North America Lecithin Market by Source, 2022 - 2028, USD Million
TABLE 81 key Information – Archer Daniels Midland Company
TABLE 82 Key Information – Bunge Limited
TABLE 83 Key Information –DuPont de Nemours, Inc.
TABLE 84 Key Information – Wilmar International Limited
TABLE 85 Key Information – Kewpie Corporation
TABLE 86 Key Information – IMCD N.V.
TABLE 87 Key Information – Avril Group
TABLE 88 Key Information – Lipoid GmbH
TABLE 90 Key Information – Cargill Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Archer Daniels Midland Company