Global Rapeseed Lecithin Market - 2023-2030

Overview

Global Rapeseed Lecithin Market reached US$ 210.2 million in 2022 and is expected to reach US$ 363.8 million by 2030, growing with a CAGR of 7.1% during the forecast period 2023-2030.

The growing consumer demand for natural, sustainable, and useful ingredients across a range of industries has propelled the steady rise of the global rapeseed lecithin market in recent years. Rapeseed lecithin, which is derived from rapeseed oil, provides an adaptable option for use in food, pharmaceutical, cosmetic, and industrial applications as an emulsifier, stabilizer, and dispersion agent.

According to foodInsight publications, recent data estimate that between 1.1 and 10.8% of the global population has a food allergy, and the rates of food allergies appear to be increasing. Since customers are growing more picky about the contents of their products and are health-conscious, rapeseed lecithin's non-GMO and allergen-free status has made it a desirable substitute for more conventional sources like soy and sunflower lecithin.

The non-GMO rapeseed lecithin accounts largest market share in the global rapeseed lecithin market. Similarly, Asia-Pacific dominates the rapeseed lecithin market, capturing the largest market share of over 1/3rd. As the region's beauty and personal care industry continues to innovate and diversify, rapeseed lecithin offers a desirable ingredient option that meets regulatory requirements and consumer expectations for efficacy, safety, and environmental responsibility.

Dynamics

Increasing Demand for Non-GMO and Allergen-Free Ingredients

Consumers are becoming more conscious of the ingredients used in their food, pharmaceuticals, cosmetics, and industrial products, leading to a preference for cleaner labels and products free from genetically modified organisms (GMOs) and allergens. Rapeseed lecithin serves as an attractive alternative to traditional sources such as soy and sunflower lecithin due to its non-GMO status and allergen-free profile.

According to a medical agency report, peanut allergy is one of the most common food allergies found worldwide. In the Western world, the prevalence can be as high as 1 in 200 individuals in some populations. In the United Kingdom, peanut allergy is present in between 0.4 and 0.6% of the whole population. Studies show that peanut allergy forms around 28% of all food allergies in children and develops before the child reaches their first birthday in about half of cases. The allergy rarely develops after 15 years of age (in only 7% of cases).

As regulatory agencies worldwide tighten regulations and labeling requirements for GMO ingredients and allergens, manufacturers are under pressure to reformulate their products with non-GMO and allergen-free alternatives. Rapeseed lecithin meets these requirements, offering manufacturers a versatile and functional ingredient that aligns with consumer preferences and regulatory mandates. This has led to a surge in demand for rapeseed lecithin across various industries.

Growing Awareness of Health Benefits Associated with Rapeseed Lecithin

According to the National Institute of Health data, In 2023 there are still even 75% of patients over the target of low-density lipoprotein cholesterol (LDL-C), and hypercholesterolemia is the most common and the worst monitored cardiovascular risk factor. The World Heart Federation report of 2023 states that more than half a billion people around the world continue to be affected by cardiovascular diseases, which accounted for 20.5 million deaths in 2021 - close to a third of all deaths globally and an overall increase in the estimated 121 million CVD deaths.

The beneficial effects of rapeseed lecithin on cardiovascular health are among its main health advantages. Cholesterol and phosphatidylserine, which are phospholipids and can be found in rapeseed lecithin, have been associated with improvements in vascular function, cholesterol levels, and lipid metabolism. Rapeseed lecithin is a desirable ingredient for people who are concerned about their heart health because studies indicate that frequent ingestion may help lower the risk of heart disease and enhance heart health.

Moreover, rapeseed lecithin's contribution to maintaining cognitive health and brain function is acknowledged. A primary constituent of rapeseed lecithin, phosphatidylcholine is a precursor to acetylcholine, a neurotransmitter crucial for memory, learning, and cognitive processes. Studies suggest that eating foods high in phosphatidylcholine, including rapeseed lecithin, may improve cognitive function and lower the incidence of age-related cognitive decline.

Limited Availability and Fluctuations in Rapeseed Supply

Raising supply constraints and limited availability of rapeseed are major obstacles to the global market for rapeseed lecithin. The main source of rapeseed lecithin is rapeseed, and its availability is influenced by several variables, such as global supply and demand dynamics, weather patterns, and farming techniques. Unfavorable climatic conditions like droughts, floods, or pest infestations can cause fluctuations in the production of rapeseed, which can lower yields and decrease the amount of rapeseed that is available for lecithin extraction.

Furthermore, rapeseed is a commodity crop that is grown for a variety of uses, such as the production of oil, animal feed, and biofuel. The competition between other businesses for rapeseed may further restrict its accessibility for lecithin extraction. Changes in oil prices, for instance, could affect farmers' planting choices and cause rapeseed acreage allocated to oilseed extraction to change relative to other purposes. Furthermore, the availability of rapeseed for the production of lecithin may be impacted by the growth of biofuel production.

Segment Analysis

The global rapeseed lecithin market is segmented based on origin, form, application, distribution channel and region.

The Surging Demand for Non-GMO Rapeseed Lecithin in the Global Market

Growing consumer awareness of and preference for products with clean labeling is one of the main factors driving the demand for non-GMO rapeseed lecithin. Natural and minimally processed components are in more demand as people grow more health-conscious and picky about the ingredients in their diets, pharmaceuticals, beauty products, and commercial products. This need is met by non-GMO rapeseed lecithin, which provides a non-genetically modified substitute for conventional lecithin sources like soybeans and sunflower seeds.

The increasing use of non-GMO rapeseed lecithin in a variety of product categories can be attributed to this since it is in line with customer demands for natural ingredients, transparency, and sustainability. According to Austrade Inc., research data, interest in non-GMO, allergen-free rapeseed lecithin has grown tremendously over the past decade due to global GMO and allergenic issues in soybeans.

According to a nutraceutical business review published in 2023, economic considerations encourage a switch to rapeseed lecithin by customers. For more than 30 years, rapeseed lecithin has been lower in price than lecithin from other non-GM botanical sources. As a natural product, mostly regionally grown and produced with short transport distances between growers and final customers, rapeseed lecithin also has an attractively low environmental impact.

Geographical Penetration

Rising Tide: Unveiling Asia-Pacific's Appetite for Rapeseed Lecithin Innovation

The expanding food and beverage sector is one of the main factors driving the demand for rapeseed lecithin in the Asia-Pacific region. Demand for processed foods, confectionery, baked goods, and convenience products is rising throughout the Asia-Pacific region as a result of rapid urbanization, changing lifestyles, and rising disposable incomes. In these products, rapeseed lecithin improves texture, appearance, and shelf life by acting as a flexible emulsifier and dispersing agent.

Moreover, according to the National Institutes of Health data, China is the largest producer of rapeseed in the Asia-Pacific region, producing more than 14.7 million tons in 2021. This is more than three times the amount produced by India, the second-largest producer, and 59% of the total volume produced in the region. Japan is the third-largest producer, accounting for 10% of the total volume.

In addition, the Asia-Pacific region's pharmaceutical and nutraceutical sectors support the need for rapeseed lecithin. The market for functional foods, pharmaceutical formulations supplemented with rapeseed lecithin, and dietary supplements is expanding due to an aging population and greater consciousness of health and wellness. The possible health benefits of phospholipids and essential fatty acids found in rapeseed lecithin include support for the cardiovascular system, improvement of cognitive function, and promotion of liver health.

COVID-19 Impact Analysis

The COVID-19 pandemic had a major effect on the global market for rapeseed lecithin, upsetting supply networks, cutting consumer expenditure, and changing consumption habits. Logistical difficulties resulting from movement restrictions and lockdown measures affected the availability and transportation of raw materials needed to produce lecithin.

Furthermore, the pandemic-induced economic slump resulted in decreased demand from sectors including food, medicine, and cosmetics, which affected the total amount of rapeseed lecithin consumed. But despite the crisis, people's concern for their health and well-being grew, which fueled the market for natural and useful components like rapeseed lecithin, especially in industries that valued clean labels and non-GMO products.

Russia-Ukraine War Impact Analysis

The geopolitical instability and conflicts brought about by the Russia-Ukraine war have the potential to upset the global market for rapeseed lecithin. As Ukraine is one of the world's top producers of rapeseed, any interruptions to its ability to manufacture or export could have an effect on the availability of rapeseed lecithin worldwide. Furthermore, Russia is a big player in the rapeseed market, so any escalation of the conflict would cause disruptions to trade and volatility in prices.

Furthermore, changes in sourcing tactics and pricing trends may result from the war's impact on the market dynamics in nearby nations and regions. In order to reduce the risks associated with the Russia-Ukraine conflict, companies in the rapeseed lecithin industry may need to diversify their supply chains and keep an open mind on geopolitical developments.

By Origin

• Organic
• Conventional
• Non-GMO

By Form

• Powder
• Liquid
• Granular
• Others

By Application

• Food and Beverage
• Pharmaceuticals
• Cosmetics & Personal Care
• Industrial
• Others

By Distribution Channel

• Supermarkets/Hypermarkets
• Online Retail
• Specialty Stores
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In November 2023, Sternchemie GmbH & Co. KG expanded its business by focusing on quality and functionality. With its current quality standards, rapeseed has overcome the critical image it once had. By modifying seed and improvement of production and processing steps, rapeseed lecithin has reached the same level as lecithin from other botanical sources.
• In December 2021, Sternchemie GmbH & Co. KG introduced new additions to its lecithin product portfolio - the SternInstant and SternPhil series. These are sprayable lecithin blends that are made with soy, rapeseed or sunflower lecithin that can be utilised by manufacters of instant products.
• In February 2021, Sternchemie GmbH & Co. KG expanded its portfolio by focusing more on rapeseed, whose functionality is very similar to soy lecithin in many applications. The existing rapeseed portfolio is accordingly being expanded with new solutions that offer full-function alternatives to soy lecithin, especially in situations where flavor and oxidation problems can arise, such as in chocolate or instant products.

Competitive Landscape

The major global players in the market include Cargill, Incorporated, ADM (Archer Daniels Midland Company), Bunge Lecithins, DuPont Nutrition & Biosciences, Lipoid GmbH, American Lecithin Company, Thew Arnott & Co Ltd, Lasenor Emul, Lecico GmbH and Sternchemie GmbH & Co. KG.

Why Purchase the Report?

• To visualize the global rapeseed lecithin market segmentation based on origin, form, application, distribution channel, and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of rapeseed lecithin market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global rapeseed lecithin market report would provide approximately 70 tables, 66 figures, and 209 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies