PUBLISHER: KBV Research | PRODUCT CODE: 1373741
PUBLISHER: KBV Research | PRODUCT CODE: 1373741
The Europe De-oiled Lecithin Market would witness market growth of 8.0% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 4,332.3 tonnes, showcasing a growth of 5.6% (2019-2022).
Food manufacturers are increasingly exploring specialty and functional lecithins, including de-oiled varieties with specific properties. These can include lecithins tailored for particular applications, such as low-viscosity options for beverages, high-performance emulsifiers for bakery products, or allergen-free variants for those with sensitivities. The clean-label movement continues to influence the food industry, and de-oiled lecithin plays a significant role in meeting clean-label criteria. Manufacturers are keen on using de-oiled lecithin to make clean label claims, such as "no synthetic emulsifiers" or "natural emulsifiers," as they market their products to health-conscious and label-savvy consumers.
Ongoing research and technological advancements are contributing to the optimization of de-oiled lecithin's functional properties. This includes improving its emulsification capabilities, stability, and dispersibility in various food and beverage matrices, allowing for even wider applications.
In addition, as consumers increasingly prioritize natural and clean-label products, there is a growing need for food ingredients perceived as natural and minimally processed. De-oiled lecithin, derived from natural sources, fits well into this trend. It serves as a clean-label alternative to synthetic emulsifiers and stabilizers, meeting the need for transparency in ingredient lists. Food manufacturers often face challenges related to texture, such as preventing separation or maintaining a desirable mouthfeel in various products. De-oiled lecithin improves texture, ensuring a smoother and more appealing sensory experience for consumers.
The trend of consuming sustainable food is being led by Berlin, and other German cities are following suit. The demand for health and wellness items and functional food products is driven by an aging population and rising consumer health consciousness. The demand for quick, ready-to-eat meals, desserts, and baking mixes is expanding due to an increasingly fast-paced society and an increased number of single-family households. Furthermore, Germany was the third-largest importer and exporter of consumer-oriented agricultural goods globally in 2021, and it was by far the most significant European market for foreign producers. These factors are expected to boost the demand in the market in Europe.
The Germany market dominated the Europe De-oiled Lecithin Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $21,578.8 Thousands by 2030. The UK market is exhibiting a CAGR of 7.1% during (2023 - 2030). Additionally, The France market would experience a CAGR of 8.8% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
Market Segments covered in the Report:
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)
Companies Profiled
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