Infinium Global Research Global Licithin Market | Page 2

Global Lecithin Market: Trends and Forecast -2023
INTRODUCTION
REPORT DESCRIPTION
Lecithin refer to the naturally occurring fatty compounds in animal and plant
tissues, it is composed of chlorine, fatty acids, glycerol, glycolipids, phospholipids,
phosphoric acid and triglycerides. Lecithin is extracted from cotton seed, soybean,
milk, rapeseed and sunflower. Lecithin is largely used as emulsifier. Although,
lecithin is recognized by FDA as GRAS (generally regarded as safe), it has some of
the side effects associated with it such as, it may cause bloating, diarrhea, mild skin
rashes, nausea and stomach pain after excessive consumption. On the contrary
lecithin has several health benefits associate with it. Health benefits of lecithin
include, it protects cells, aids memory, and helps in improving liver health.
Moreover, lecithin is popularly known as an emulsifier and finds applications in
industries such as food, feed, nutrition and supplements, pharmaceuticals and
industrial applications.
The Global Lecithin Market has experienced significant growth over the past few
years, primarily due to rising industrial applications of lecithin. Versatility of lecithin
has increased its industrial applications. Lecithin’s are non-toxic and hence used in
food applications as emulsifiers, lubricants, aerating agents, and viscosity modifiers.
However, some consumers have an allergy of soy lecithin which in turn is likely to
hamper the growth of lecithin market. Globally, owing to increasing demand for
convenience food and sports nutrition the lecithin market is growing at a significant
pace.
This report estimates the market size of Lecithin in terms of value (USD million)
over the period of 2017 to 2023. The year 2017are considered to be base years,
and 2017 to 2023 is considered to be a forecast period. The market sizes for
Lecithin by source, by application and by region are estimated in terms of value and
volume. This market research study provides detailed qualitative and quantitative
analyses of the global lecithin market. Additionally, the report provides a
comprehensive review of the major market drivers, restraints, opportunities in the
global as well as regional markets of lecithin. The market analysis covers major
geographic regions, such as North America, Europe, Asia-Pacific and Rest of the
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