Lecithin Industry, Analysis and Forecast (2019-2027) – by Material, Product, End-Use Industry, and Region.
Lecithin is a substance or a mixture of phosphatides which is predominantly made up of phosphatidyl ethanolamine, phosphatidyl serine, phosphatidylcholine, and phosphatidyl inositol coupled with numerous other substances such as carbohydrates and fatty acids. It also comprises of nitrogenous and phosphorous compounds. These are generally found in vegetables, soya bean, egg yolk, and a naturally occurring emulsifier. They are non-toxic in nature and hence can be utilized in food, nutrition & supplements, animal feed, and pharmaceuticals & personal care as aerating agents, lubricants, emulsifiers, and viscosity modifiers. Some of the prominent factors that positively influence the growth of the lecithin market are increasing agricultural activities in emerging economies, rising consumer spending on personal care products, and growing consumption of convenience foods. Furthermore, rising consumer awareness along with increasing health concerns has raised the demand for phospho